TFW Bureau

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 ...

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 ...

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 ...

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 ...

Hotel Investments in India touched $401 million in 2023 which was nearly a four-fold increase in the volumes witnessed in 2022. As many as 25% of the overall value of transactions involved under-construction hotels in both business and leisure destinations, a report by JLL titled. Hotel Investment Trends - India 2023 showed.   High Net ...

 Former Hindustan Unilever chief executive Sanjiv Mehta has teamed up with the world’s largest consumer-focused investment firm L Catterton to launch an India-focused investment vehicle. Mehta, who headed Hindustan Unilever (HUL) for ten years till 2023, has formed the India consumer sector-focused joint venture with L Catterton to develop a new investment vehicle, as per ...