Jul 7, 2022
By: Bhakti MakwanaReliance Retail has partnered with GAP Inc to bring the iconic American fashion brand to India.
Credit: BCCL
The IT giant will kick off the earnings season for FY23 and report its first-quarter results on July 8.
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The watch to jewellery maker posted a 205 percent on year jump in sales during the first quarter of FY23 primarily due to a low base effect.
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The company's subsidiary Bharti Airtel International says it has raised a tender offer to buy back up to $ 450 million (about ₹3,550 crore) of senior notes.
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The company has launched TVS Ronin, a premium bike, which will cost ₹149,000 and comes in two colours - lighting black and magma red.
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Nykaa Fashion has expanded into the men’s innerwear and athleisure category with GLOOT.
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The small finance bank’s gross advances grew by 22 percent on year to ₹21,699 crore as of June 30 while deposits grew 19 percent.
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The company's board has approved raising up to ₹11,000 crore.
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HDFC Asset Management Company has sold 2.15 percent stake in the company through open market transactions reducing the shareholding to 7.02 percent from 9.17 earlier.
Credit: BCCL