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OP Munjal chairman Hero Cycles is no more
OP Munjal chairman Hero Cycles is no

Om Prakash Munjal Chairman Hero Cycles died at the age of 86 at Ludhiana in the Hero Heart Institute of Dayanand Medical College and hospital on Thursday morning.   Om Prakash Munjal Chairman Hero Cycles died at the age of 86 at Ludhiana in the Hero Heart Institute of Dayanand Medical College and hospital on Thursday morning.   Rightly

August 13, 2015  |  comments ( 0 )  | 

Solute Tradings partners with Dyson Technology
Solute Tradings partners with Dyson

Solute Tradings (P) Limited Company today signed a partnership with UK's one of the largest Consumer durable Technology company Dyson Limited. In the association the Solute Tradings (P) Ltd. would be the exclusive channel partner of Dyson Limited and distributing its flagship products across India.  The Joint Venture will allow Dyson Ltd. to sell its next-Gen technology products through the Solute Tradings and it would be an

July 27, 2015  |  comments ( 0 )  | 

eBay India launches  campaign #SheMeansBusiness to celebrate success stories of online women entrepreneurs
eBay India launches campaign

To mark the beginning of a historic day for eBay globally, eBay India today launched an unique campaign titled #SheMeansBusiness. The campaign in partnership with Yourstory.com invites all online women entrepreneurs to share their success stories, so that other women entrepreneurs are inspired to take advantage of the growth in ecommerce.     Online women entrepreneurs across platforms can send their stories in the form of a

July 20, 2015  |  comments ( 0 )  | 

Pizza chain Sbarro to increase no of stores to 50 in 2yrs
Pizza chain Sbarro to increase no of

US-based Pizza chain Sbarro plans almost three-fold increase in its store count to 50 in the country in two years through multiple business models.  Expressing views on the expansion,Akhil Puri,CEO of oti International Foods said:"We plan to have 50 outlets in two years. We will expand our presence in the country through multiple business models." At present, there are 17 Sbarro outlets in the country.  Sbarro

July 20, 2015  |  comments ( 0 )  | 

Mahindra forays into branded edible oils segment with ‘NuPro’
Mahindra forays into branded edible oils

The Agri Business vertical of Mahindra & Mahindra, part of the USD 16.9 billion Mahindra Group, today announced the launch of its branded edible oil - NuPro for the health conscious Indian consumer. The company, under the NuPro brand, will offer a bouquet of edible oils, the first of which is the NuPro Virgin Kachchi Ghani Mustard Oil.   The brand NuPro is derived from a combination of the words: Nutrition and Progression.

July 17, 2015  |  comments ( 0 )  | 

Woodland partners with Rainforest Challenge India 2015
Woodland partners with Rainforest

Woodland, the global outdoors and adventure gear and outerwear brand, announced that the brand has partnered with Force Gurkha RFC India 2015. Woodland has entered into an alliance with India’s only international off-road motorsport event because the concept of RFC India is in sync with Woodland’s ideology of creating unparalleled solutions for outdoor and adventure enthusiasts.   In its second edition of the extremely

July 15, 2015  |  comments ( 0 )  | 

DSK Motowheels records fastest sale of superbikes in India
DSK Motowheels records fastest sale of

Adding another feather in the cap of DSK Motowheels, is Benelli's – Bengaluru showroom that has registered its 100th DSK Benelli superbike delivery in the city. This landmark achievement comes within three months from the launch of the state-of-the-art showroom, recording the quickest time for any superbike brand to hit this milestone in a particular city in India. The milestone was celebrated via a ride from DSK Benelli’s

July 06, 2015  |  comments ( 0 )  | 

Adidas gifts Made in India training gear to PM Narendra Modi
Adidas gifts Made in India training gear

German sportswear major adidas has designed personalised training gear for Prime Minister Narendra Modi ahead of International Yoga Day. And it even has his initials printed on one side. The set was developed with the brand's revolutionary cooling technology - CLIMACOOLA - with every product in the set being 'Made in India'. Dave Thomas, managing director, adidas Group India, has sent out the personalised gear to Modi as a

June 22, 2015  |  comments ( 0 )  | 

Nestle withdraws Maggi noodles in India
Nestle withdraws Maggi noodles in India

Nestle has withdrawn Maggi noodles in India due to "an environment of confusion for consumers", it said in the early hours of Friday.   The group's announcement after food inspectors in Uttar Pradesh last month found high lead levels in some packets of Maggi instant noodles, triggering a food scare that has grabbed headlines in a country where they are a cheap and popular snack.   "The trust of our

June 05, 2015  |  comments ( 0 )  | 

Haier to invest Rs 360 cr to double manufacturing capacity
Haier to invest Rs 360 cr to double

Consumer durables firm Haier India will invest Rs 360 crore this year to double manufacturing capacity of its Pune plant. The company is undertaking capacity expansion to keep pace with its target of clocking around 30 percent growth to touch a turnover of Rs 2,150 crore in 2015.  "We are looking at major expansion at our factory at Ranjangaon, Pune, and we are looking almost to invest around Rs 360 crore. We expect this

May 29, 2015  |  comments ( 0 )  | 

SBI to auction retail store Loot
SBI to auction retail store Loot

State Bank of India (SBI) is set to auction the outlets of Loot (India) - the retail store that gained popularity few years ago for selling multi- branded apparel at 25% to 50% discount. The company has stopped paying dues amounting to Rs 43 crore to country;'s largest bank which has prompted them to auction the property. The bank has issued a notice to e-auction Loot (India) property located in Mumbai at Mahim for a reserve price of Rs

May 07, 2015  |  comments ( 0 )  | 

Dabur surges to 21% in Q4
Dabur surges to 21% in Q4

FMCG major Dabur India  recently revealed a surge in consolidated net profit  to 21% in the quarter to March to Rs 284.8 crore. As per the company, consolidated net sales were up 10.2% year-on-year at Rs 1,944.8 crore.  Commenting on the matter, Sunil Duggal, CEO at Dabur India, said: "The gradual improvement in the consumption environment has helped our business perform well on all operating parameters.Our robust

May 06, 2015  |  comments ( 0 )  | 

Numero Uno Clothing Files IPO
Numero Uno Clothing Files IPO

Apparel and lifestyle accessories firm Numero Uno Clothing Ltd has approached capital markets regulator Sebi to float an initial public offer (IPO). The proposed public issue comprises fresh issue worth Rs 65 crore and an offer for sale up to 84 lakh from its promoter and AA India Development Capital Fund, the company said in its Draft Red Herring Prospectus (DRHP) filed with Sebi. The proceed of the issue would be utilised for opening

May 05, 2015  |  comments ( 0 )  | 

Truefitt and Hill to hit Metros and Tier-II cities with 100 outlets
Truefitt and Hill to hit Metros and

Truefitt and Hill, world’s oldest luxury salon and barber brand have been planning to open more than 100 outlets in the country. The brand operates 4 stores in Mumbai. Talking about the company’s expansion plans, the company owner Krishna Gupta said that the organisation will build salons by 2024, out of which, half will be company owned and half through franchise model. The company is looking to have its presence in Metros and

April 22, 2015  |  comments ( 0 )  | 

Sangeetha Mobiles to scout deep south thru 650 more stores
Sangeetha Mobiles to scout deep south

Mobile phone retail firm, Sangeetha Mobiles has decided to take franchise route to go beyond south in the country. The company has plans of opening more than 650 stores through the franchise route. The brand is looking for multi-unit and master franchisees both as an option for expansion. While talking, L Subhash Chandra, MD of Sangeetha Mobiles said that they are very keen to explore the franchise model for business expansion. The brand

April 21, 2015  |  comments ( 0 )  |