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Exclusive | Kishore Biyani’s Future Lifestyle Fashions looks to raise Rs 200-225 crore via rights or preference issue

Retail tycoon Kishore Biyani’s flagship fashion business Future Lifestyle Fashions, which backs brands like Lee Cooper, John Miller and Indigo Nation, is evaluating options to raise funds and push for flexible debt repayment to revive its operations, people familiar with the matter told Moneycontrol. These discussions are gathering pace as Future Group battles high promoter level debt, sharp fall in ... Read More »

Lenders build provision buffers to counter future asset slippages

MUMBAI : Private sector lenders are using the covid-19 pandemic to build a war chest of provisions that would come handy in cushioning against future asset slippages. Axis Bank has pegged its covid-19 provisions at ₹3,000 crore, while ICICI Bank said it has set aside ₹2,725 crore in the March quarter and HDFC Bank has made additional provisions of ₹1,550 ... Read More »

Count on these easy home hacks to clean your gold jewellery

When was the last time you took out time from your schedule and cleaned your jewellery? Gold jewellery, though lasts long, tends to lose its shine due to wear and tear. Which is why it is important to clean it at regular intervals. Since getting it polished at a jewellery store may not be possible immediately under the current circumstances, ... Read More »

Thai court to decide fate of Thanathorn’s Future Forward Party

Bangkok, Thailand – Thailand’s Constitutional Court is set to issue on Friday its verdict on an electoral case that could lead to the possible dissolution of the country’s third-largest political bloc – an outcome that could push the country into another round of unrest. The Future Forward Party (FFP) and its leader, Thanathorn Juangroongruangkit, are accused of breaking election finance laws when ... Read More »

Dubai banking major, Dubizzle aim to simplify used car buying

Launched in partnership with Dubizzle, the classifieds platform in the UAE, the Autoswap solution will enable car owners looking to sell their vehicles to complete the transaction without having to settle their existing loans. Emirates NBD, Dubai’s biggest bank, has launched Autoswap, a first-of-its-kind auto loan buyout product that provides a hassle-free financing solution for individuals seeking to buy used ... Read More »

Hero Motocorp aims to become ‘future of mobility’, invests ₹10,000 crore in R&D

Jaipur: Hero Motocorp will invest ₹10,000 crore in research and development (R&D) in the next 5-7 years, Pawan Munjal, Chairman and Managing Director said on Tuesday. Munjal also announced the new vision and mission of Hero Motocorp called ‘ Be the future of mobility’. Speaking at Hero World 2020 at the company’s Centre for Inovation and Technology, Munjal said the ₹10,000 crore investment in ... Read More »

Deloitte optimistic about India’s future, to create 75,000 jobs in 3 years: CEO Punit Renjen

New Delhi: Expressing optimism in the Indian market, Deloitte Global CEO Punit Renjen on Monday said the company is committed to creating 75,000 jobs in the country in three years. Tweeting a photograph of his meeting last week with Prime Minister Narendra Modi, Renjen on Monday said he remains optimistic about India’s future. “I remain optimistic about #India’s future after meeting ... Read More »

How to Future-Proof Our Cities? 4 Key Initiatives to Increase Resilience

Our cities, vulnerable by nature and design, have generated the biggest challenge that humankind has to face. With the vast majority of the population expected to settle in urban agglomerations, rapid urbanization is going to raise the issue of adaptability with future social, environmental, technological and economic transformations. In fact, the main problematic of the decade questions how our cities will ... Read More »

Urus to drive future growth of Lamborghini in India

Italian super sports car maker Lamborghini expects its premium luxury SUV Urus to drive future growth in India with the model accounting for 50 percent of its sales in the country, a senior company official said. The company, which delivered its 50th Urus in India last year, has an eight-month waiting period on the model at present. “Urus is playing ... Read More »

KTM 390 ADVENTURE REVIEW: THIS IS THE MOTORCYCLE TO GET RIGHT NOW

It isn’t often that I’ll drag myself out of bed early to go to work, no matter how exotic the motorcycle, or car, or location. Especially when I’m febrile, overworked, under-rested and hungry, and can’t be bothered to chop another half hour from my sleep to get a proper breakfast. It is rarer still for me to attempt to hit ... Read More »