Proxy advisory urges Raymonds independent directors to probe assault allegations

Gautam Singhania, the CMD had publicly announced his separation from his wife Nawaz Modi on November 13. In the aftermath, Nawaz Modi, also a board member, had alleged that she and her daughter were physically assaulted by Singhania in September 2023. On November 28, 2023, Institutional Investor Advisory Services (IIAS), an Indian proxy advisory firm, … Read more

Titan opening invite only luxury stores

The Company is launching it’s 1st store in South Extension Market, Delhi. It has taken 17,000 sq ft space on rent Customers will only be by invite Minimum ticket size is speculated to be Rs 10 lakh Intention is to open similar stores across the country Titan/ Tanishq enjoys huge brand loyalty and the above … Read more

Zomato launches Xtreme

Zomato has launched intra-city parcel delivery app Xtreme the service will allow merchants to send and receive small parcels within the city packages can weigh up to 10 kgs with the price starting at Rs 35 aim is to leverage Zomato’s existing fleet of 3lakh+ riders for additional revenue it will compete with Swiggy’s Genie, … Read more

Steep ticket prices limit reach of major films in small towns

While the Indian film industry is showing signs of recovery, high ticket prices in multiplexes, particularly for big-budget releases such as Jawan, are a point of concern given the possible impact on the movies’ earnings, especially in small towns of north India. Unlike south India, where ticket prices are capped, no such restriction exists in … Read more