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The group aims to secure a position among India's top three jewellery retailers over the next five years.

Tyaani by Karan Johar has its presence in Delhi, Mumbai, Bangalore, Hyderabad, Chandigarh and Pune the brand operates via franchise business model too.

Spread over a massive area of 2.2 million sq. ft, the mall is home to about 300 national and international brands.

The company had reported a net profit of $18.6 million during the same period last year (Q1FY24).

Industry buoyant on continued boost to infrastructure but disappointed with tax issues not being addressed

Brand looking at opening 20 more stores in the coming 45 days

It's an opportune moment for franchising as the Finance Minister announced a budget with a strong emphasis on employment, skilling, MSMEs, and the middle class.

First set of franchisee outlets expected to open in Jharkhand, Maharashtra and Telangana.

QSR reports 8% growth; food and grocery, sports goods and furniture register a 7% growth

Leasing activities in shopping malls rose to 6.12 lakh square feet during April-June 2024 from 5.33 lakh square feet in the year-ago period

Leading the round, Peyush Bansal contributed Rs 70.70 crore, while Neha Bansal invested Rs 70.39 crore.

PC Jeweller Ltd plans to raise up to Rs 2,705 crore by issuing warrants on a preferential basis to promoters and investors, mainly to settle bank loans and for working capital requirements.

Finance Minister Nirmala Sitharaman is scheduled to present the full Budget for fiscal 2024-25 on July 23

Laguarta noted that India's potential remains massive over the next decade, with continuous investments in brands and infrastructure.

This move is part of Burger Singh’s strategic expansion into the airports of Tier 2 and Tier 3 cities