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Aditya Birla Fashion Q4 net loss widens to Rs 163.8 crThe company had posted a net profit of Rs 23.55 crore a year ago, according to a regulatory filing by Aditya Birla Fashion and Retail Ltd (...- PoS terminal supply squeeze; Skyroot CEO on unicorn flightHappy Friday! The point-of-sale (PoS) supply has dried up in India as the West Asia conflict squeezes imports. This and more in today's ETt...
- Ex-Arvind Fashions MD Shailesh Chaturvedi’s new venture Neopolis Brands in talks to raise Rs 100 croreNeopolis Brands, founded by former Arvind Fashions MD & CEO Shailesh Chaturvedi, is in talks to raise Rs 100 crore from investors like Ashi...
- International travel demand from India drops as West Asia tensions and weak rupee drive up costsIndian summer travel abroad faces higher costs. Tour packages are up 20-25%. West Asia conflict fuels oil prices and airfares. A weaker rup...
- CreditAccess Grameen invests Rs 150 crore in MaduraIndia's largest NBFC-MFI has invested the fund in the form of subordinate debt on Tuesday, the company said in a regulatory disclosure to s...
- CreditAccess Grameen to infuse Rs 250 crore in subsidiary Madura Micro Finance"This is a precautionary measure. We want to ensure that Madura has adequate growth capital till it is merged with us," CreditAccess Gramee...
- CreditAccess Grameen to acquire Madura MicrofinanceThe transaction is subject to the approval of Reserve Bank of India, the Securities and Exchange Board of India and other regulators.
- Race intensifies for Madura MicrofinSources said that Madura had a few other suitors including a mid-sized MFI.
- More suitors join race to acquire Madura MicrofinanceMadura Microfinance was founded by late banker-turned-entrepreneur KM Thiagarajan and is now run by his non-resident Indian, neuro scientis...
- Kedaara in talks to buy up to 30% in Madura MicroAvendus Capital has been mandated to run a formal process, sources said. The funds would be used for expanding the loan book and widening r...
- Madura's Trendin.com claims to become largest etail venture of an offline player in IndiaWithin a year of its launch, sales of Trendin have equalled those of 30 branded stores, or close to 1% of Madura’s turnover.
- Madura demerger not in the best interests of Aditya Birla Nuvo investorsNet sales of Madura Garments the owner of brands like Louis Philippe, Van Heusen, Allen Solly and Peter England, have grown a 18% compounde...
- Pantaloon Fashion Retail a better bet than AB Nuvo for investorsStrong cash flows from Madura and other apparel brands will help Pantaloon’s business to grow which is struggling with cash flows for growt...
- Aditya Birla Group's Madura Fashion & Lifestyle enters luxury single brand retail with UK's HackettThe move follows a mandate from group chairman Kumarmangalam Birla to give heft to the growing high-margin fashion business and dramaticall...
- Aditya Birla Group Co Madura eyes Armani, Hackett tie-upThe latest developments reflect moves by Madura for a bigger presence in the expanding market.
- Kumar Mangalam Birla plans Madura stake saleApax Partners, managing assets worth over $26 billion globally, has had multiple rounds of discussions with Aditya Birla Group's senior hon...
- Madura rejigs biz, to focus on casual & international brandsApparel house Madura Fashion and Lifestyle has restructured its business to strengthen focus on casual brands and international brand partn...
- Madura back in the black on cost controls, better marginsAditya Birla Nuvo’s fashion retail business Madura Garments, India’s largest apparel maker, has turned cash positive after battling losses ...
- Madura Garments to recast retail businessMadura Garments, part of the AV Birla Nuvo group, has undergone an organisational restructuring to support the expansion of its yet to be l...
- Madura drops SF Jeans in portfolio rejigAV Birla Group-led Madura Garments is withdrawing its denim brand SF Jeans from the market.
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