Home
/
TFW Bureau

TFW Bureau

Blue Star anticipates a 25% upsurge in residential air conditioner sales for the June quarter.

TFW Bureau Apr 10 2024 - 4 min read

Homegrown cooling products maker Blue Star on Tuesday said it expects up to 25 per cent growth in sales of residential AC in the June quarter, the period which accounts for the highest number of sales due to the temperature rise and heat wave. The company has already witnessed up to a 40 per cent ...

Share
Livspace says India business becomes cash flow positive on robust growth

TFW Bureau Apr 10 2024 - 2 min read

Home renovation platform Livspace has become “cash- flow positive” in India business on the back of robust growth in its revenue, a top company official said. India business contributes 80-85 per cent to the company’s total turnover. The company’s EBITDA losses narrowed to 95.35 million Singapore dollar from 96.86 million Singapore dollar during the period ...

Share
Kalyan Jewellers dazzles with an impressive 34% revenue surge in the March quarter.

TFW Bureau Apr 05 2024 - 2 min read

The recently concluded quarter of Q4 FY2024 has been a very encouraging one, Kalyan Jewellers stated in its quarter update, having witnessed continued robust momentum in both footfalls and revenue across all its markets in India and the Middle East despite a sharp rise in gold price during the second half of the quarter. Q4 ...

Share
Swiggy appoints Suparna Mitra as independent director to board

TFW Bureau Apr 05 2024 - 2 min read

This appointment stands as a significant stride in the company's corporate governance. Mitra, who currently serves as the CEO of Titan Company Limited's Watches and Wearables Division, brings with her an impressive track record spanning over thirty years in the lifestyle and retail industries, enriching the board with invaluable expertise and insight. Mitra's appointment as ...

Share
Royal Orchid Hotels plans to open 35 new properties, boasting a total of 2,000 rooms, by the end of FY25.

TFW Bureau Apr 02 2024 - 1 min read

Royal Orchid Hotels is planning to add 30-35 new properties with about 2,000 rooms in the 2024-25 fiscal as part of its expansion plans across India, according to its Chairman and Managing Director Chander K Baljee. The company, which operates hospitality properties under the Royal Orchid and Regenta brands, is also looking to expand its ...

Share
ABFRL to demerge Madura business into separate listed entity

TFW Bureau Apr 02 2024 - 3 min read

The ABFRL board at its meeting held on Monday authorised the management of the company to evaluate the vertical demerger of Madura Fashion & Lifestyle business, according to a company statement. “The proposed demerger will enable the creation of two separately listed companies as independent growth engines with distinct capital structures and parallel value creation ...

Share