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Reliance buys Superdry’s licence for south Asia

INDIA’S largest retailer has formed a joint venture with Superdry to acquire the struggling British clothing company’s intellectual property assets for three south Asian...

Amazon to apply for satellite communication license in India

AMAZON is in the final stage of applying for an operating license for its satellite communication (satcom) service, Project Kuiper, in India, reported the Mint. It...

Boohoo’s revenue falls amid competition from Shein

BOOHOO Group reported a 17 per cent decline in its revenue at £729.1 million for the six months to August as the fast fashion...

Working from home ‘hampers diversity and inclusion efforts’

LAYOFFS, working from home and misguided tips on how to get ahead are hindering moves by financial firms on inclusion and diversity, British industry...

Sri Lanka fails to secure funding despite reforms

THE International Monetary Fund (IMF) did not reach a staff-level agreement with Sri Lanka in its first review under a $2.9 billion (£2.39bn) bailout...

Hunt says UK will tighten rules to stop ‘debanking’

CHANCELLOR Jeremy Hunt said on Monday (2) he would tighten banking rules to make sure customers could not have their accounts closed just because...

India’s Reliance acquires Superdry’s South Asia assets

INDIA’s Reliance Retail is set to acquire UK-based Superdry’s licenses and brand assets in three Asian countries, including Sri Lanka, Bangladesh, and India, for...
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