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Sequoia-backed Genesis Colors gets SEBI nod for IPO

Consumer

06 February, 2017

Sequoia-backed Genesis Colors gets SEBI nod for IPO

Genesis Colors Ltd has received clearance from capital markets regulator Securities and Exchange Board of India (SEBI) for an initial ......

Shoppers Stop CEO Salil Nair steps down

Consumer

31 January, 2017

Shoppers Stop CEO Salil Nair steps down

Retailer Shoppers Stop Ltd’s chief executive officer Salil Nair has resigned, bringing an end to close to 20 years of ......

Spice Mobility in talks to acquire Indian biz of Jumbo Electronics

Consumer

23 January, 2017

Spice Mobility in talks to acquire Indian biz of Jumbo Electronics

Hotspot, the mobile retail chain of handset manufacturer Spice Mobility Ltd (formerly S Mobility), is in an advanced stage of ......

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Personal care products maker CleanLife raising angel round

Consumer

20 January, 2017

Personal care products maker CleanLife raising angel round

CleanLife India Pvt. Ltd, a personal care products manufacturer, is in an advanced stage of discussions to raise its angel ......

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PE-backed House of Anita Dongre's sales growth slows, profit falls

Consumer

09 January, 2017

PE-backed House of Anita Dongre's sales growth slows, profit falls

House of Anita Dongre Ltd reported slower sales growth last fiscal year, as rising competition from both brick-and-mortar and e-commerce ......

Alibaba leads $2.55 bn bid for Chinese retailer Intime

Consumer

10 January, 2017

Alibaba leads $2.55 bn bid for Chinese retailer Intime

E-commerce firm Alibaba Group Holding Ltd and the founder of Intime Retail Group Co Ltd have jointly bid to take ......

HUL sells leather shoes export biz to Hindustan Foods

Consumer

16 December, 2016

HUL sells leather shoes export biz to Hindustan Foods

FMCG major Hindustan Unilever Ltd (HUL) has sold off its subsidiary Pond’s Exports Ltd, a leather shoes exporter, to Goa-based ......

Rakesh Jhunjhunwala picks 12.7% stake in 'Being Human' brand licensee

Consumer

16 December, 2016

Rakesh Jhunjhunwala picks 12.7% stake in 'Being Human' brand licensee

Ace investor Rakesh Jhunjhunwala acquired a 12.74% stake in Mumbai-based apparel manufacturing firm Mandhana Retail Ventures Ltd (MVRL) on Wednesday, ......

SAIF Partners to up stake in luxury watch retailer & components maker KDDL

Consumer

13 December, 2016

SAIF Partners to up stake in luxury watch retailer & components maker KDDL

Chandigarh-based KDDL Ltd, a manufacturer and supplier of watch components, has received its board's approval to raise Rs 20 crore ......

Nandan Nilekani bets on ethnic retailer Fabindia

Consumer

06 December, 2016

Nandan Nilekani bets on ethnic retailer Fabindia

Infosys co-founder Nandan Nilekani and his wife, Rohini, have acquired a 2% stake in ethnic retailer Fabindia Overseas Pvt Ltd ......