PE firm NSR likely to buy India rights of Nando’s

Food connoisseurs aren’t likely to forget the taste of flame-grilled peri-peri chicken in a hurry. But Nando’s, a South African restaurant chain of Portuguese theme, will see its India rights acquired by a new owner shortly, said people familiar with the matter. Private equity firm New Silk Route (NSR) is likely to acquire 74% stake […]

Tata Motors signs engine deal with US company

Tata Motors, the country’s biggest automobile company, has signed an agreement with US-based Westport Innovations Inc to develop an engine for its commercial vehicle range. The agreement will see Westport Innovations Inc the global leader in natural gas engines, developing an engine for light and medium-duty trucks and buses. The integration of this technology will […]

Is the end-of-season sale optimism, short-lived?

Apparel retailers are breathing a sigh of relief with their piled up inventories getting cleared due to a positive end-of-season sale. Though the actual profit figures is yet to be out since the sale season is still on, retailers are happy with the footfall they are receiving compared to the last season. For instance, DLF […]

DLF gives fresh push to fashion biz

DLF Brands is prepping up its fashion retail business after a long gap. The company is looking at fresh joint ventures with three international lifestyle brands — Forever 21, Beverly Hills Polo Club and Kiko. With a fresh look at its fashion retail business, DLF Brands is targeting revenues of Rs 1,000 crores in the […]

E-retailers join local retailers to tap small towns

Fabmart.com and Tradus.com have partnered local retailers in small towns to tap non-internet users in these areas to sell their merchandise. Indeed, while the new model guarantees customer acquisition, profits may still be elusive.Fabmart.com has been testing the model in four districts of Andhra Pradesh during the past one-year, and now it is adding other […]

Bonita brings irresistible ‘hamper’ for your loved ones this Diwali

It’s that time of the year again, when thousands of lamps are lit up with joy and celebrations are on full swing. Keeping up the zest and zeal of the festive season Bonita, home utility product line from the house of Casa Brands India Pvt Ltd, brings a wide range of irresistible products that every woman would […]

Brighten up your festive season with Zippo

Adding immense fervor to ongoing celebrations for the festive season, Zippo brings the iconic Zippo Windproof Lighter to make the occasion momentous and to be cherished for a lifetime.   The Zippo Windproof Lighter is a great gift due to its timeless and high quality nature. This model is perfect for the person who appreciates […]

Spread happiness this Diwali with ‘Britannia Shubh Kaamnayein’

Celebrate the festival of lights and spread happiness with the Britannia ‘ Shubh Kaamnayein’ range , crafted to be perfect gift to strengthen the bond and create everlasting memories  with family, friends, colleagues and business associates. The range this year has something for everyone with 5 different theme’s which would appeal to all palate’s and […]

Lara Dutta unveils ‘Lara Dutta–Chhabra 555’ her premier designer collection

Lara Dutta unveiled her premier designer collection under the label “Lara Dutta–Chhabra 555”, at The Ashok.This collection marked the inception of an association between Lara Dutta and Chhabra 555,one of the largest retailers of Indian ethnic wear for women. The eminent guest who came for the celebrations were entrepreneur and CEO Divya Gurwara,  Ritu Makhija, Aashmeen Munjaal, […]

FDI Impact: Ailing domestic brands/retailers hope for revival

FDI has augured well especially for ailing retailers and brands. For example, after a long battle of accusation and court drama, private equity investors, Bain Capital and TPG have transferred their shares in Lilliput Kidswear to promoter Sanjeev Narula. This put an end to their much publicised spat. The move was made after the government […]