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Reliance Retail awards INR 351 Cr in ESOPs to leadership team ahead of IPO
Ahead of its initial public offering (IPO), Reliance Retail granted employee stock option plans (ESOPs) worth INR 351 crore to 15 senior executives during...
Reliance Retail expects 2x growth in revenues and EBITDA over the next 3-4 years
Reliance, India's largest retailer, plans to double its revenues and EBITDA within the next 3-4 years. The company is also set to grow its...
Reliance Retail among top 5 global retailers by store count, eyes doubling business in 3-4 years
Reliance Industries Limited (RIL) Chairman Mukesh Ambani stated on Thursday that Reliance Retail is ranked among the top five global retailers by store count...
Max Factor expands into Indian retail market with Shoppers Stop partnership
Max Factor, the iconic Hollywood makeup brand, has made its debut in India’s physical retail market through a strategic partnership with Shoppers Stop.The partnership...
Trent’s Zudio to launch first international store in Dubai next month
Noel Tata-led Trent is set to debut its value fashion brand Zudio in Dubai next month, marking the retailer's first venture into the international...
Fashion brand Virgio targets growth with house of brands strategy; plans expansion into offline retail
Virgio, the fashion-tech platform founded by former Myntra CEO Amar Nagaram, aims to establish itself as a leading house of brands by expanding into...
Fashion sourcing and manufacturing platform PDS raises INR 430 Cr
PDS Ltd., a fashion sourcing and manufacturing platform for global brands and retailers, has secured INR 430 crore through a qualified institutional placement (QIP).PDS...
Kalyan Jewellers’ promoters to raise INR 2,500-crore debt to boost equity stake
Kalyan Jewellers India's promoter, Trikkur Sitarama Iyer Kalyanaraman, along with the promoter group, is in talks with Motilal Oswal and 360 One to secure...
Trent soars 129% this year, set for further gains after NSE Nifty 50 inclusion
Shares of Tata Group's subsidiary, Trent Ltd., which have outperformed major global retail stocks, may experience further growth following their inclusion in India's benchmark...
FirstCry hit with I-T Dept show-cause notice over INR 80 Cr ESOP expenses
Brainbees Solutions, the parent company of kids-focused omnichannel retailer FirstCry, has received show-cause notices from the Income Tax Department regarding its employee stock option...
Footwear retailer Metro Brands to open 225 new stores, aims for 10-15% sales growth
Metro Brands, a Mumbai-based footwear retailer, plans to open 225 new stores over the next two financial years, backed by steady cash flow. The...
TechnoSport to open 15-16 new stores across South India this fiscal year
Tiruppur-based sportswear brand Technosport plans to expand its South Indian presence by opening 15-16 new stores this financial year, targeting Karnataka, Tamil Nadu, Andhra...