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TFW Bureau Jan 20 2025 - 2 min readAndre Eckholt, MD of Hettich India, Reappointed as Co-Chair of FICCI Furniture Committee for 2025 20th Jan, Mumbai: In a significant development for India’s furniture industry, Mr. Andre Eckholt, Managing Director of Hettich India, has been reappointed as Co-Chair of the Federation of Indian Chambers of Commerce and Industry (FICCI) Furniture Committee for 2025. The ...
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TFW Bureau Jan 17 2025 - 1 min readConsumer electrical goods maker Havells India Ltd on Thursday reported a 3.45 per cent decline in consolidated net profit to Rs 277.96 crore for the third quarter ended December 2024. The company had posted a consolidated net profit of Rs 287.91 crore in the October-December quarter a year ago, according to a regulatory filing from ...
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TFW Bureau Jan 17 2025 - 4 min readReliance Retail Venture Ltd. (RRVL) — the retail arm of billionaire Mukesh Ambani-led Reliance Industries — reported an 8.75 per cent increase in gross revenue to Rs 90,333 crore while its profit after tax (PAT) rose 10 per cent to Rs 3,458 crore for the December quarter, helped by pick-up in festive demand. The company ...
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TFW Bureau Jan 17 2025 - 2 min readCountry’s leading retailer Reliance Retail as part of its expansion into the luxury segment is introducing Saks Fifth Avenue, an American luxury department store chain to the Indian market. Its “premium brands business entered into India franchise arrangement for Saks Fifth Avenue,” said Reliance Industries in its earning statement on Thursday. Saks Fifth Avenue an ...
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TFW Bureau Jan 16 2025 - 1 min readThe Indian restaurant industry is experiencing a significant recovery in growth, particularly highlighted by a surge in activity during December, according to a report from Macquarie Equity Research. This revival is sparked by climbing discretionary spending, changing demographics, and higher participation of women in the workforce. Trends like increased per capita income, smaller family units, ...
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TFW Bureau Jan 16 2025 - 2 min readCurefoods, India’s leading F&B house of brands has promoted Gokul Kandhi as Chief Operating Officer (COO). Gokul will be instrumental in growing the company's varied portfolio of brands throughout India, advancing operational excellence, and guiding the strategic vision of the organization with this appointment. From the beginning of Curefoods' development, Gokul has been ...