Kalyan Jewellers India Limited has unveiled a regional brand - Akshaya Thanga Maligai (ATM) in Tamil Nadu. ATM opened its first showroom at Panagal Park, T Nagar, Chennai and plans to open 5 stores by the end of the year.
The new store has opened at VR Surat, Gujarat, as part of the retailer’s strategy to strengthen its portfolio of international fashion brands in India.
The new outlet, launched at Phoenix Marketcity Bengaluru, is an ICON store format and marks another step in the brand’s direct-to-consumer (DTC) growth strategy.
The new store is located at Central 50, Sector 50, Noida, marking a key milestone in the brand’s retail expansion strategy ahead of the Raksha Bandhan season.
The launch marks another step in the company’s expansion strategy across western India while strengthening the quick service restaurant (QSR) brand’s footprint in Chhattisgarh.
Kaapi Machines has recently received INR 50 crore strategic equity investment from Sedna HoReCa, strengthening its growth and expansion plans across India's evolving coffee and HoReCa ecosystem.
IHG Hotels & Resorts has signed an agreement with Discover Resorts Neral Pvt. Ltd. The company will open voco Karjat in Maharashtra. IHG has 53 open hotels operating across 7 brands in India, and aims to reach 110 hotels in the next 3-5 years.