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IKEA INDIA PVT LTD
IKEA FY24 loss widens to Rs 1,299 crore, revenue up 4.5% to Rs 1,809.8 croreIkea India reported a loss of Rs 1,299.4 crore for FY24, compared to Rs 1,133 crore the previous year. Revenue from operations increased to...- Ikea India records net loss of Rs 902 crore in FY22; sales up by 77 per centHome furnishings retailer Ikea's Indian unit recorded a net loss of Rs 902.8 crore in FY22. The net loss widened this year as compared to R...
- Ikea rushes to make up lost time on India expansion after delaysThe company opened its second India store on the outskirts of Mumbai in December and another in the southern city of Bengaluru is now on co...
- IKEA to invest Rs 5,500 crore at Noida facility, says Noida authorityIKEA had earlier announced plans to open 25 stores in India, but it has now rejigged its expansion plans with a new ambition to serve 100 m...
- External commercial borrowings drop 20% in AprilOf the total ECBs in April, $2.66 billion was raised through automatic route.
- India Inc raises $2.8 bn in foreign borrowings in DecemberOf the total fund raised during the month, money through external commercial borrowings (ECB), both from automatic and approval route, were...
- Rallis India Q1 net profit surges four-fold at 174.2 croreTotal income increased to Rs 469.61 crore during the period from Rs 438.72 crore in the corresponding period of the previous year, Rallis I...
- Rallis India stock jumps over 5% on IKEA dealRallis India signed an agreement for assignment of its leasehold rights in respect of the leasehold land at MIDC Industrial area, Turbhe, N...
- Rallis transfers leasehold right of land to IKEA for Rs 214 croreMumbai-based Rallis India today said it has entered into an agreement with Swedish furniture retailing giant IKEA to monetise its surplus a...
- Nike seeks to set up fully owned India unitAmerican sportswear firm Nike Inc has filed for setting up a wholly owned subsidiary in India to sell its own brand of products.
- Government oks 4 single-brand FDI proposals worth Rs 750crThe government clears four foreign direct investment proposals for single-brand retail worth about Rs 750 crore.
- Government approves 4 FDI proposals worth Rs 280 crThe government today said it has approved 4 foreign direct investment (FDI) proposals, including that of IT giant Wipro, totalling Rs 280 c...
- FDI in retail: FIPB may take up Fossil Inc's FDI proposal this monthThe proposal of Fossil to set up its store in India is likely to be taken up by FIPB at its meeting later this month.
- French cookware maker Le Creuset fourth to seek fully owned single brand retailFrench cookware maker Le Creuset has proposed to start a fully owned single brand retail venture in India, becoming the fourth multinationa...
- Finance Ministry to decide on Swedish furniture major IKEA's FDI proposal tomorrowFinance Ministry is likely to take a decision tomorrow on Swedish furniture major IKEA's Rs 10,500-crore investment plan, the largest FDI p...
- IKEA proposal to set up stores in India approved by Commerce Ministry: Anand SharmaDIPP has scrutinised the application of IKEA that wants to set up over 25 single-brand retail stores in the country over a period of time.
- WEF: Big FDI proposals including Ikea to be okayed soon, says Anand SharmaThe govt will soon clear the proposal of IKEA, which has sought approval to invest Rs 10,500 cr to set up single-brand stores in the countr...
- FIPB to decide on IKEA's Rs 10,500-crore proposal next monthFinMin is expected to take a decision next mth on IKEA's proposal to invest Rs 10,500 crore to set up single- brand retail stores in the co...
- It's fun and game time for Indian toy makersThe Chinese toy recall may have done the trick for India’s torpid toy and kids’ apparel industry.
- Goradia hopes to be crown Jewel of Indian retailers tooThe smile is palpable, Amit Goradia runs a company called Jewel, which is the sole supplier of toothbrushes to Hindustan Lever (HLL) and on...
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