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LULU GROUP NEWS
Why is the US stock market down today? Dow Jones, S&P 500 and Nasdaq crash big as strong jobs report, rising Treasury yields and AI stock selloff shake Wall Street — here are today's biggest gainers and losersWhy is the stock market down today? A hotter-than-expected jobs report erased any lingering hope for near-term Federal Reserve rate cuts — ...
LuLu group chief Yusuff Ali saves Kerala woman’s home by paying off her entire loanMA Yusuff Ali, chairman of LuLu Group, saved a Kerala family from foreclosure, paying off their Rs 8.25 lakh debt. Sandhya struggled after ...
Aster’s Gulf unit eyes $250 million health-care deals for Saudi expansionAster DM Healthcare Ltd.’s Gulf entity plans to acquire assets worth up to $250 million to expand in Saudi Arabia. The company aims to have...
Fan’s unique gift stuns Lulu group chief Yusuff Ali, the Rs 75,000 crore business tycoonKerala-born billionaire MA Yusuff Ali, chairman of Lulu Group, was deeply moved by a sentimental gift from a fan: a watch featuring a photo...
Web Werks to invest Rs 20,000 crore on data centre in BengaluruWeb Werks India proposes to invest Rs 20,000 crore to set up a data centre park here, according to an MoU the company signed with the Karna...
No bad news is good news; pvt capex will take one more year to revive: BankersBanking industry's lobby grouping Indian Banks Association's chairman A K Goel said the increased capital expenditure could help in further...
Lulu Group to invest Rs 2,000 crore in malls, hypermarkets in KarnatakaLulu is the largest retailer in the Middle East, and the group company Fair Exports, has rice, fruits, vegetables, spices, and other items ...
Hindi heartland states set to buzz with investor summitsFor the first time, Bihar, which is known for labour migration, is preparing for an investor summit later this year. The state's industries...
TikTok owner is world’s most valuable startup at over $100 billion in private marketsByteDance's valuation has risen at least a third to more than $100-bn in recent private share transactions.
Indian businessmen in UAE rejoice Modi's poll winSealing its phenomenal electoral victory, BJP crossed the 300 mark as counting for votes for 542 Lok Sabha seats neared its end on Friday.
World's most valuable startup takes a hit from China's slowdownThe company told investors to expect revenue of 50 billion ($7.4 billion) to 55 billion yuan during its most recent fundraising.
35-year-old unknown creates the world's most valuable startupZhang's firm is on its way to a more than $75 bn valuation - a price tag that surpasses Uber Technologies.
UAE-based NRI-run VPS Healthcare lines up Rs 1,000 cr for buyouts in domestic hospitals spaceThe Abu Dhabi-based VPS Healthcare, with over a USD 1 billion turnover has created a Rs 1,000-crore war-chest to tap takeover opportunities...
Bitcoin falls as Chinese exchange says it will halt tradingThe cryptocurrency has slumped as much as 27 per cent since September 7.
Indian businessman wins Queen's Enterprise AwardYusaffali MA, 61, said the recognition for his Birmingham-based Y International (UK) Ltd will spur his Abu Dhabi headquartered Lulu Group I...
Falling oil prices help retailers sustain revenue growthHe said Chinese economy on the other hand slowed considerably during this time, mainly due to weak exports and weakening investment.
'Making an impact in the Arab world' nod for Indian retail groupLuLu group has been ranked in the top 100 companies 'making an impact in the Arab world', the only Indian firm to do so.
- UAE-based retail major to open malls in Kerala
The company is conducting feasibility studies to open malls throughout the country, especially the southern metro cities of Chennai, Bangal...
- Future Capital buys stake in Biba Apparels
Future Capital Holdings, the financial arm of the Future Group, has picked up a minority stake in Mumbai-based Biba Apparels Pvt Ltd for Rs...
- Billionaire boom in China as stock market soars
Company executives in China were the big winners of last year’s soaring stock market, with the top 50 executives worth nearly 40 billion yu...