Viveat Susan Pinto, Financial Express August 28, 2023 Coffee Day Global, which operates the Cafe Coffee Day (CCD) chain, has been given a temporary relief against bankruptcy proceedings initiated by lender IndusInd Bank last month. The Chennai bench of the National Company Law Tribunal (NCLAT) last week halted admission of IndusInd Bank’s plea against Coffee Day Global, a subsidiary of the listed Coffee Day Enterprises (CDEL), by the NCLT Bengaluru, till September 20. What this means for CCD is that it get some more time at a time when it has swung into the black after struggling for the last…
Reliance Retail has established a dominant position and the growth trajectory remains robust - Devangshu Dutta of Third Eyesight tells Prashant Nair, Nigel D'Souza and Sonia Shenoy https://www.youtube.com/watch?v=mU5uIBD3Hd8
On CNBC-TV18 | Reliance Retail has established a dominant position and the growth trajectory remains robust - Devangshu Dutta of Third Eyesight tells Prashant Nair, Nigel D'Souza and Sonia Shenoy.
New Delhi, 23 August 2023 Bindu D. Menon, Financial Express Tata Group’s Titan Company is not the only one to be bullish on the fine jewellery segment by recently raising its stake in CaratLane from 71.09% to 98.28% for a consideration of Rs 4,621 crore. Other corporate groups as well as private equity firms who have entered this segment are making investments and scaling up. For instance, recently, Aditya Birla Group entered the gold jewellery market with the launch of Novel Jewels with an estimated investment of Rs 5,000 crore. It also plans to launch large-format jewellery formats and in-house…
Geopolitical friction has again sparked renewed concerns over inflation and rising input costs for FMCG companies as @itmeansjustice @whysnavi write. @devangshu commented.
