Hettich Ups Experiential Touchpoints With HeX Store In Jaipur
The company is looking to continue its investments in manufacturing, including its upcoming Indore facility
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Retail
Recode Studios Expands To Tier II & III Cities With New Stores In Indore & Ahmedabad
- by BW Retail World Bureau
- March 12, 2024
Recode Studios, a renowned cosmetic brand proudly announced the successful opening of two new stores in Indore and Ahmedabad last week, marking a significant step in its expansion strategy. These remarkable openings follow the brand’s successful establishment in tier I cities and have plans to expand further with upcoming store launches in Lucknow, Pondicherry, Chennai, […]
National
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Real Estate
93 Mn Homes Projected By 2036, Tier-2 Cities Leads Charge
- by BW Retail World Bureau
- January 10, 2024
A recent report jointly released by CREDAI (Confederation of Real Estate Developers’ Associations of India) and Liases Foras indicates a substantial growth in housing demand in India, with projections reaching 93 million houses by 2036. The report attributes this surge to various factors, including population growth in both urban and rural areas, favourable macro-economic indicators, […]
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Government
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Shree Cement Hit with Rs 4,000 Cr Tax Fine In Mega Evasion Case
- by BW Retail World Bureau
- January 6, 2024
The Income Tax department reportedly levied a Rs 4,000 crore fine on Shree Cement following a survey indicating improper claims of Rs 8,500 crore over nine years. Conducted at five locations in June last year, the survey focused on deductions under section 80IA of the Income Tax Act from April 2014 to March 2023, as […]
Fashion & Lifestyle
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States
Rajasthan Garment Maker Seek Level Playing Field, Urge Inclusion In ODOP Scheme
- by BW Retail World Bureau
- December 26, 2023
Garment manufacturers in Rajasthan are urging the industries department to acknowledge their sector within the one-district-one-product (ODOP) category, seeking benefits similar to those provided in Uttar Pradesh and other states. Currently, the gem and jewellery sector has been included in the ODOP by the department, though the benefits are yet to be announced. The primary […]
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Motisons Jewellers IPO To Open 18 December
- by BW Retail World Bureau
- December 12, 2023
Motisons Jewellers will open its initial public offering (IPO) for subscription from 18 December to 20 December, with the allocation to anchor investors scheduled for December 15. The Jaipur-based retail jeweler, which filed its Draft Red Herring Prospectus (DRHP) in March and obtained regulatory approval in September, raised Rs 33 crore in a pre-IPO funding […]