News of Retail in Gujarat

ETHOS shuts Chandigarh outlet, opens HUBLOT BOUTIQUE in Mumbai

CHANDIGARH | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update filed with Indian Stock Exchanges, Chandigarh headquartered KDDL Ltd said of its subsidiary company ETHOS LTD having opened one outlet at Mumbai and shut its Chandigarh outlet. The filing submitted by the company to the Indian Bourses read that, company’s subsidiary – Ethos

HAVELLS expands its fan segment with hand-crafted fans “AINDRILA”

NOIDA | NEW DELHI | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a press-release submitted to the Indian Stock Exchanges, New Delhi headquartered white goods manufacturers Havells India Ltd said of having expanded its fan segment and having launched range of technologically advanced hand-crafted fans vide a new range “Aindrila” – launched today. In a

FUTURE COUPONS (BIYANIS) ink share subscription pact with AMAZON

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory filing submitted to the Indian Stock Exchanges, Mumbai headquartered Indian retailing major FUTURE GROUP company Future Retail Ltd (formerly Bharti Retail Ltd) said of one of its group companies and promoters Future Coupons Ltd having entered into share subscription and a shareholders’ agreement with retailing global

ETHOS opens 2 new stores, each at NEW DELHI, KOLKATA

PARWANOO (HIMACHAL PRADESH) | CHANDIGARH | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update submitted to the Indian Stock Exchanges, Parwanoo (Himachal Pradesh) headquartered KDDL Ltd said of its subsidiary company Ethos Ltd having launched 2 new stores each at Kolkata and New Delhi. The company-statement as addressed to the Indian Bourses read

Cafe Coffee Day Founder V G Siddhartha no more, Co board makes interim appointments

Cafe Coffee Day founder V G Siddhartha was missing since Jul 29, body recovered after 2 days on Netravati River bank near Mangaluru, on Jul 31 UPDATES : The Coffee Day Enterprises Company Board appoints SV Ranganath as Interim Chairman of the Board. UPDATES : The Coffee Day Enterprises Company Board appoints Nitin Bagmane as

Arvind Board re-appoints Bakul Dholakia, Renuka Ramanath as Ind Dir for 5yrs

AHMEDABAD | MUMBAI | RAJKOT – In a regulatory update submitted to the Indian Bourses, Ahmedabad based textile major Arvind Ltd said of having re-appointed Dr Bakul H Dholakia an d Ms Renuka Ramanath as Independent Directors on the Company board for five years, wef 1st August 2019. The filing submitted by the Company to

Libas Designs migrates to NSE Main Board

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory filing submitted to the Indian Bourses, Mumbai headquartered fashion brand Libas Designs Ltd said of the Company Migrating to NSE (National Stock Exchange) Main Board, emerges as one of the few companies in the history of NSE to have migrated to Main Board. The statement submitted

MDA led Reliance Group completes acquisition of Hamleys (Toys brand) for £67.96 million

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update submitted to the Indian Bourses, Indian conglomerate Mukesh Dhirubhai Ambani owned Reliance group said of having completed acquisition of Hamleys Global Holdings Ltd for cash-consideration of Great Britain (Sterling) Pound £67.96 million. The filing submitted to the exchange read that, Further to our previous communication

Infibeam fires auditors alleging breach of trust

GANDHINAGAR (AHMEDABAD) | MUMBAI | RAJKOT – In a regulatory update and a press release submitted to the Indian Bourses on Sunday as well on Monday, Gandhinagar (Ahmedabad) headquartered Infibeam Avenues Ltd said of having terminated its existing joint statutory auditors, alleging the breach of trust by the auditors further revealing price-sensitive information. In a

Implementing digital strategies, Titan achieves 21% growth for FY19

BENGALURU | MUMBAI | RAJKOT – In a regulatory quarterly business update, Bengaluru headquartered Titan Ltd (A TATA Enterprise) said of having achieved 21% growth for financial year 2018-19, with digital initiatives successfully implemented across several business verticals. The Company continued the good growth momentum of the past few years in the financial year ended

Pennar Industries to scale-up ‘Build360’ retail outlets

HYDERABAD | MUMBAI | RAJKOT – Pennar Industries to scale up ‘Build360’ retail outlets for branded building products, aims to take the total store count to increase from current 11 to 42 by FY2020, the company said in a press release submitted to the Indian Stock Exchanges on Tuesday. The Company plans to scale up number

#DLGBrainStormers | “WHY RAJKOT?” as a Real Estate Destination(!)

DISCLAIMER : THIS IS NEITHER A “PAID” NOR AN “ADVERTORIAL / COMMERCIAL COVERAGE”. RAJKOT – City based, RAJKOT BUILDERS ASSOCIATION (RBA) stagged an event with glitz and glamour titled PROPERTY EXPO SHOWCASE 2019, with a forward & backward integration of INTERIOR DESIGNERS BODY. The aim of organizing event is to showcase the world, as to

RIL subsidiary shells 92 crore rupees to buy stake in fashion & lifestyle brands

MUMBAI | RAJKOT – Reliance Industries Ltd’s subsidiary companies Reliance Brands Ltd and Reliance Retail Ventures Ltd  have now acquired a combined stake of 65.77% in Genesis Colors Ltd, the company (RIL) said in regulatory filing submitted to the Exchanges in India, on Monday. Reliance Retail Venture Ltd, subsidiary arm of Reliance Industries Ltd paid

RIL’s stake in Genesis Colors now at 46.39%

MUMBAI | RAJKOT – In a regulatory filing submitted to the exchanges late night on Tuesday, Reliance Industries Ltd said of having acquired additional 12.56% equity in Genesis Colors Ltd via its brands subsidiary Reliance Brands Ltd paying 527.7 million (~52.77 crore) rupees, further stake in Genesis at 46.39% from 33.83% as announced just 3

RIL’s stake buying exercise in Genesis Colors’ in full-swing

MUMBAI | RAJKOT – In a regulatory filing submitted to the exchanges by Reliance Industries Ltd, the company said of its  subsidiary brands arm Reliance Brands Ltd having acquired additional 22.18% stake in Genesis Colors Ltd for 931.6 million (~93.16 crore) rupees, further raising the stake from 11.65% to 33.83%. This is to inform that

RIL subsidiary Reliance Brands pays 341.7 million rupees, to buy additional 8.14% stake in Genesis Colors

MUMBAI | RAJKOT – Reliance Industries Ltd, in a regulatory filing said of having brought additional 8.14% stake in readymade garments, bags, footwear and accessories manufacturing company paying 341.7 million rupees. Reliance Brands Limited, a subsidiary of the Company, has purchased an additional 8.14% equity stake in Genesis Colors Ltd (GCL) for about 341.7 million