In a recent turn of events, Raymond Group’s Chairman and Managing Director (CMD), Gautam Singhania, and his estranged wife, Nawaz Modi Singhania, appear to be inching closer to a more “realistic” resolution in their high-profile divorce case. As per the media reports, the couple is actively working towards reaching a mutually agreeable settlement. The rift […]
The wedding season in India is not just a celebration of love and union; it is a spectacle of traditions, grandeur, and exquisite fashion. As the cultural tapestry unfolds, one aspect that takes centre stage is fashion jewellery. In recent times, the Indian fashion jewellery market has witnessed a significant surge, becoming an integral part […]
The festive season in India is not just about religious and cultural celebrations, it is also a time for businesses to sparkle. As India gears up for Diwali, Christmas, and more, the retail industry is all set for a shopping extravaganza. The annual surge in consumer spending during this period presents a significant opportunity for […]
Union Minister of Textiles, Commerce & Industry, Consumer Affairs and Food & Public Distribution Piyush Goyal lauded industry bodies of the textile sector for their initiative in organising Bharat Tex 2024- the world’s biggest ever textiles event in the world. He was presiding over the curtain raiser event for the show at Vanijya Bhavan, New […]
India’s e-commerce industry has already dived into another lucrative festive season, and behind the scenes, logistics and support partners also geared up for the massive surge in demand. With the festive season in India being a crucial period for e-commerce companies, these partners play an essential role in ensuring smooth operations, timely deliveries, and customer […]
Commerce and Industry Minister Piyush Goyal stated that India expects to trade with Australia for USD 50 billion over the next five years. He also stated that the government has discussed promoting sports, upgrading sports facilities in India, and the wine industry, in addition to the traditional sectors, at an event in Mumbai to mark […]
The government on Thursday said that the food processing industry has invested Rs 4,900 crore so far under the production-linked incentive (PLI) scheme. The PLI scheme for the food processing industry was approved in March 2021, with a budget outlay of Rs 10,900 crore. It will be implemented for seven years, until 2026-27. “A total […]
Reliance Retail Ventures, a subsidiary of Reliance Industries Limited (RIL), has signed an agreement to acquire a controlling stake in the BSE-listed Lotus Chocolate. Reliance Retail division – Reliance Consumer Products will acquire a 51 per cent stake in the confectionery maker from the promoter and promoter group entities, and will make an open offer […]
Union Commerce Minister Piyush Goyal stated on Thursday that at least two more free trade agreements will be signed in 2023. Negotiations are scheduled with the United Kingdom, the European Union, and Canada, Goyal said at an event here, adding that his ministry lacks the bandwidth to respond to requests from smaller trading partners such […]
The Central Bureau of Investigation (CBI) has sought to broaden the scope of its ongoing investigation into the ICICI Bank-Videocon Group loan sanctioning case on Wednesday. It has proposed to investigate the roles of “unknown public servants” and other individuals while seeking additional custody of the bank’s former CEO Chanda Kochhar, her husband Deepak and […]
