Lenders to Srei cos to restart sale processSince the terms of the RFP are modified, the administrator is required to issue fresh expressions of interest (EoI) to allow others to bid....
Srei companies' resolution applicants fail to deposit earnest moneyTerms of the request for proposal (RFP) required both offers – by Arena Investors in partnership with Varde Partners, and Shon Randhawa wit...
Tea companies refuse to pick orders on high chemical contentFederation of All India Tea Traders Association (FAITTA), the apex trade body of the packet tea players which includes Tata Global Beverage...
Vedanta, Jindal Power among investors interested in buying Srei firmsThe Srei Group on Wednesday published a provisional list of eligible prospective resolution applicants The list mentioned as many as 14 int...
Work from home comes as a blessing for tea industry, consumption surges 20%The out-of-home consumption is slowly picking up since the opening up, but it is still behind by 35% compared with the pre-Covid level, sai...
Tea consumption in India falls 25-30% during the lockdown periodOut-of-home tea consumption accounts for nearly 40% of the total domestic sales of the beverage, said Viren Shah, chairman of the Federatio...
Infosys inks deal with GE AppliancesAs part of this alliance, Infosys will assist GE Appliances to accelerate their digital and workplace transformation through automation-dri...
Mumbai wedding for Mukand Co-chairman Rajesh Shah's daughter; Advani, Kokilaben Ambani and Anand Mahindra bless newlywedsPriya married Sashank Rishyasringa on July 28.
150-retail outlets follow path initiated by Big Bazaar; decide to dispense cash from PoSRetail outlets, which see a minimum turnover of Rs 2 lakh per day, will be updated with this facility. They will be allowed to dispense up ...
I won't let it go: Roopam's Viren Shah on being robbed in CannesViren Shah will air his grievances about a luxury villa in Cannes where he and his friends were robbed of valuables worth Rs 40 lakh.
Maharashtra government lets shops to remain open all year roundThe Shops and Establishments Act stipulated that these establishments be shut for one day in a week in order to ensure that their employees...
Corporate bigshots like Adi Godrej, Deepak Parekh and Uday Kotak back Milind Deora's candidature in South MumbaiSome of the top business leaders have supported Union Minister of State for Telecom, Milind Deora, seeking a 3rd term from Mumbai South con...
Implementation of Local Body Tax may be delayed in MumbaiThe newly introduced Local Body Tax, which is being opposed by the traders across the state, would not be implemented soon, a senior Mahara...
- Mamata Banerjee takes oath as CM; partymen, celebs present for the occasion
Besides partymen, there were local celebs from the silver screen and theatre, sports, art & culture brigade and industry.
- Retail industry incurs Rs 500-cr loss due to strike
The govt in its budget proposal had imposed a 10% excise duty on branded retail, making branded apparels costlier by 10-15% even as it plan...
- Mukand gets speciality steely on MNCs
Speciality steelmaker Mukand, talking to global component makers like Mico Bosch and SKF to increase its marketshare in the automotive stee...
- Gujarat tea-makers to drive consumption with tea bars
Move over coffee centres, tea manufacturers in Gujarat are brewing plans to set up tea bars. Players like Wagh Bakri group and Jivraj Tea p...