Business

Business

Seva Group brings German shoe brand Birkenstock to India

Premium German footwear brand Birkenstock has entered Indian market through a partnership with Seva Group. Seva Group, which is into automotive retail, entered consumer product...

India’s market regulator imposes fine on Mukesh Ambani, Reliance

INDIA’s market regulator has imposed fine on Reliance Industries and its chairman Mukesh Ambani, the country’s richest man. The Securities and Exchange Board of India...

Retailer Boohoo probes Pakistan suppliers over ‘underpaid’ staff

British online fashion group Boohoo on Wednesday (23) said it was investigating a Guardian newspaper report that its suppliers were underpaying workers in Pakistan, after facing...

India court leaves fate of Future’s $3.4 bln deal opposed by Amazon to regulators

An Indian court on Monday left it to regulators to decide the fate of the $3.38 billion sale of Future Group’s retail assets to...

Privatisation of India’s loss-making national carrier likely to be delayed

THE privatisation of India’s national carrier Air India will be delayed further as the divestment process is unlikely to conclude in 2020-21, an official...

Indian banks’ consortium seeks UK bankruptcy order against Vijay Mallya

A consortium of Indian banks has returned to the High Court in London for a bankruptcy application hearing against liquor tycoon Vijay Mallya. The consortium...

Apple puts supplier Wistron on notice after Indian factory violence

Apple Inc has placed supplier Wistron Corp on probation, saying on Saturday it would not award the Taiwanese contract manufacturer new business until it...

Insurers, drugmakers sail into unknown with COVID vaccine rollout

Speedy global delivery of COVID-19 vaccines by air and sea in ultra cold conditions will lead to a jump in cargo insurance rates and...

India back on currency manipulation watchlist by the US

THE Trump administration labelled many countries including India as currency manipulators and said that these ‘trading partners’ may be deliberately devaluing their currencies against the...

Hundreds shrug off pandemic for Ikea’s new India store

Hundreds of masked shoppers defied pandemic fears to visit Ikea’s second Indian store, which opened on Friday, as the Swedish giant tries to lure...