Singapore's Temasek and Fidelity, a US-based investment firm, have joined forces to inject approximately $200 million into Lenskart, a prominent player in the eyewear industry, through a secondary share sale.
India is set to witness an unprecedented expansion in its retail sector, with projections indicating the addition of approximately 45 million square feet of retail space over the next five years, according to a recent report by JLL.
Emoha, a leading eldercare brand in India, marks five years of transformative service with a new partnership with Aditya Birla Health Insurance Co. Limited (ABHICL).
The IT spending in India for 2024 is expected to grow by 11% year-on-year to reach $44 billion in 2024, according to market research and analysis firm IDC
FirstCry parent BrainBees filed papaers with India's Securities and Exchange Board of India last December for an IPO that would have been one of the country's biggest this year.
ABFRL said the board approved the demerger of Madura Fashion & Lifestyle business into a newly incorporated company - Aditya Birla Lifestyle Brands (ABLBL)
Earlier an injunction order was passed against hiving of the retail business on June 27, 2024, by a city court here over an application filed by its executive director Samir Kumaar Modi.