During it’s Q4 earnings call, the management has made aggressive business predictions. ABFRL will target a three-time revenue increase and a two-times margin expansion over the next five years. ABFRL includes brands like Pantaloons and Style Up; an ethnic wear portfolio comprising Jaypore, Tasva and TCNS brands, along with designer brands Shantnu & Nikhil, Tarun … Read more
In an interaction with Mint, Lemon Tree’s chairperson, Patanjali G. Keswani has shared the following – He said that over the past 12 years, Lemon Tree has built more hotel rooms than any other hotel company in India. It currently operates 112 hotels, consisting of 41 owned properties with about 5,800 rooms and 71 managed … Read more
Rohit Jawa will take over as MD & CEO w.e.f, 27th June, 2023 upto 26th June, 2028, i.e., for 5 years. He will also takeover as President, Unilever South Asia. He is taking both positions from the well respected veteran Sanjiv Mehta Sanjiv served at the position for 10 years, which one can consider to … Read more
Surprises continue at ICRA – N Sivaraman, MD & CEO, who had joined ICRA just a year back in July 2020, has resigned with immediate effect citing personal reasons. He had joined ICRA from IL&FS, where he was Chief Operating Officer with responsibilities for asset monetisation, creditor engagement and loan restructuring. It’s worth noting here that … Read more
Digital marketing company, Brightcom’s stock is locked at upper circuit today after it appointed Peshwa Acharya as President Group Strategy. Key point to note – Mr Acharya has more than 3 decades of experience across FMCG (CPG), Retail, Telecom, Technology, E-commerce, Hospitality and Education domains. He has worked with many companies of varied repute in … Read more
Revenues are impacted significantly, future remains uncertain, debts are piling up… time to separate wheat from the chaff !
Management quality should be at the top of any investment strategy. What they say and how they react is what really matters !