Funskool eyes ₹400 crore turnover amid China dependence

Funskool India is targeting turnover of over ₹400 crore in FY27, banking on international partnerships and manufacturing expansion, even as India’s toy industry grapples with dependence on China for specialised tooling and electronic components. The company expects to close FY27 with revenue of ₹380-400 crore, against its budget of ₹350 crore, said K. A. Shabir, … Read more

Mukesh Ambani has given a new lease of life to this 261-year-old British icon

Hamleys, a British retail icon that hasn’t made a profit for a number of years, plans to quadruple its outlets in the former British colony to more than 500 in three years despite the pandemic, according to Darshan Mehta, chief executive officer of Ambani’s Reliance Brands Ltd. Besides the main growth market, the company is … Read more