Amway appoints Rajneesh Chopra as new India chiefChopra moves from Texas-based direct selling wellness company Immunotec, where he was chief commercial officer leading 14 global markets, i...
09 Feb, 2024, 06.08 PM IST
Revlon to double business in current fiscal in India; to open 300 more outletsRevlon, the renowned beauty and cosmetics brand operating in India through its local partner Modi-Mundipharma Beauty Products, is set to do...
14 Nov, 2023, 08.49 PM IST
India may soon be the largest market for L'Oreal in ApacThe company is aggressively pushing the mass-price segment in terms of distribution and innovation, with brands such as Garnier, L'Oreal Pa...
28 Nov, 2022, 12.36 AM IST
Despite global issues, Revlon pursuing growth in IndiaRevlon, which first made its mark in India with prominent standalone counters, exclusive kiosks and shop-in-shop outlets across malls and m...
21 Jun, 2022, 12.22 AM IST
Wipro employees had a role in Citibank's big blunder that saw $900 million goneThe case involves one where Citibank acted as an administrative agent for a term loan taken by Revlon, and where it was to wire approximate...
26 Feb, 2021, 11.50 AM IST
Citigroup trial reveals chain of gaffes that led to the $900 million blunderAt the heart of the breakdown was a system known inside the bank as the “six eyes” approval process. Under the six-eyes protocol, three peo...
10 Dec, 2020, 08.36 AM IST
Citigroup pays $400 million US fine, agrees to fix long-term lapsesThe hefty penalty follows renewed public and regulatory scrutiny of Citi's operations after an "error" led the bank to mistakenly send Revl...
08 Oct, 2020, 09.26 AM IST
From art worth millions to his 257-foot yacht, billionaire Ronald O. Perelman is selling almost everything as the pandemic roils his empireAt an age when most fellow billionaires are kicking back, Perelman, 77, is facing a range of financial challenges.
19 Sep, 2020, 02.42 PM IST
Citi’s $900-million ‘clerical error’ is worst Wall Street bungle in a long timeThe "clerical error" has plunged the bank into a battle between the Perelman empire and a corps of sharp-edged investment funds that have b...
16 Aug, 2020, 09.23 AM IST
A look at some inspiring and important women leading major corporationsThe corporate world will lose a prominent woman leader when Indra Nooyi steps down as CEO of PepsiCo in October, after a 24-year stint at t...
12 Aug, 2018, 12.08 PM IST
Tata Group back in beauty business 18 years after Lakme exitThe $100-billion plus corporate house, which created the Lakme brand, has returned to cosmetics with Studiowest.
09 Jan, 2016, 11.14 AM IST
Association with latest James Bond movie 'Spectre' to cost advertisers a bombThe actor is charging a separate endorsement fee from advertisers if they use his likeness from the upcoming Bond movie Spectre.
22 Sep, 2015, 05.15 AM IST
Revlon to enter professional products space in India next year"We have to bring in new customers. This kind of growth is only possible if we tap areas which we did not tap earlier," Modi added.
15 Jun, 2014, 12.06 PM IST
Modi-Revlon to open 100 stores in India in three yearsModi-Revlon, a jv between the Modi group and international cosmetics firm Revlon, today said it will open 100 stores in the next three year...
21 Mar, 2014, 07.28 PM IST
Modi Revlon’s new brand to target mass market, take on rivals like Lakme, L’OrealModi Revlon will soon roll out a new brand of colour cosmetics priced about 60% cheaper than the existing Revlon range and expand its reach...
17 Mar, 2014, 03.42 AM IST
Cosmetics major Revlon to exit China, cut over 1,000 jobs over restructuringRevlon will cease operations in China and eliminate about 1,100 positions, including 940 beauty advisers, as it restructures its struggling...
02 Jan, 2014, 05.02 AM IST
- Revlon to eliminate 400 jobs in restructuring
Revlon Inc. said on Thursday it will cut 400 jobs worldwide to help cut annual costs by $30 million as the cosmetics company continues to g...
28 May, 2009, 07.35 PM IST