ACK has roped in game developer Nazara Games to develop mobile games based on ACK and Tinkle characters, and the games would be launched in the next six months, said Mohan.

The Kanpur-based group is being probed by the CBI and the ED in connection with the alleged swindling of Rs 3,695 crore of loan funds.

The total outstanding amount, according to the agency, is approximately Rs 3695 crores. The agency had sealed the office and house of Vikram Kothari’s residence, in New Delhi.

The agency filed a chargesheet in the special court Lucknow dealing with Rs 456.63 crore loan of Bank of Baroda as the probe into remaining amount is continuing, officials said, adding that more chargesheets would be filed in the case

It alleged that these assets were the "proceeds of crime" of the illegal act of money laundering.

Special CBI judge M P Chaudhary fixed June 21 for next hearing of the case.

The offer comprises a fresh issue aggregating up to Rs 330 crore and an offer for sale of up to Rs 120 crore.

Rotomac Exports and Rotomac Global, firms promoted by banking-fraud accused Vikram Kothari, will now be auctioned by the bankruptcy court.

Rotomac violated FEMA rules and worked for interest rate differential in local and foreign currency in the guise of trade without having any genuine business transactions.

Earlier, the loan default was estimated at over Rs 800 crore but scrutiny of documents by CBI revealed that the amount is much larger.

Kohler would enhance its sales network in the domestic markets by having presence in 200 towns in next three years and become a 1,000 store company in next five years.

PwC, Microsoft, KPMG & EY to help business turn profitable by next fiscal.

Bed Bath & Beyond used to sell Ivanka Trump’s diaper bags in various prints on its vast online store. Suddenly, in March, the listings disappeared.

Sebi shall also appoint an independent audit firm for conducting a detailed forensic audit of the books of accounts of Ricoh for the financial year 2012-13 onwards till date, the cost of which shall be borne by Ricoh.

India imports 45% of completely built units of consumer durables from China and it also imports nearly 70% of the components for television, and other consumer durable products. The price increase by suppliers at a time when demand is drastically down has hit the sector hard, said the presentation by Ficci to the government.

​​Individually, each brand is seeking more clarity and approval on the guidelines. The guidelines say that we would have to open in a phased manner. All brands are gearing up to open up, wherever, it will be permitted," CEAMA President Kamal Nandi said.

Samsung has created an ecommerce platform in partnership with Benow.in along with mobile phone retailers across the country that will allow them to sell and deliver smartphones. Offline stores are also being used to fulfil orders placed on Samsung’s e-store for television and appliances.

"The heavy appliances industry will be impacted by a significant loss of up to 60 per cent in March and almost 100 per cent in April. These two months put together contribute close to 25 per cent of the annual revenue," Godrej Appliances Business Head and EVP Kamal Nandi told.

Lee Jae-yong is vice-chairman of Samsung Electronics and was jailed for five years in 2017 for bribery, embezzlement and other offences in connection with the scandal that brought down South Korean president Park Geun-hye.

Major retail chains including Viveks, Shahs, Girias, Vasanth and Co are among the signatories of the letter, which fears job losses might start impacting one lakh of families, besides a steep drop in direct and indirect tax revenues to the state.

The business of fine writing instruments is growing in tandem with other luxury segments in Koramangala and its surroundings.

India’s largest maker of writing & printing paper has been in talks with Nine Dragons for some time now. Discussions are likely to lead to a binding agreement soon, sources said.

Reliance Retail’s marquee label operator Reliance Brands is the India master franchisee for Hamleys, which reputedly has its origins in the world’s oldest toy store in London that was opened in 1881.

Rohan Mathur, senior regional sales manager - South Asia for The Lego Group spoke to ET about the toy industry, company’s India plans and its recent event in Delhi engaging the Indian government to prioritise play.

Imports account for almost 85 per cent of the total toys' demand in the country and only the remaining 15 per cent of the sale is met by the domestic manufacturers, according to the industry.

Sony has roped in brand licensing company Black White Orange to roll out kids’ consumer products

'Leathery and musky' is how the brand describes it and claims that the scent will stay for as long as four years. Each bag comes with a complimentary miniature bottle of FendiFrenesia, which can be used to refresh the bag's scent and can be worn as a traditional perfume.

Hermes India had recorded a net profit of Rs 12.1 crore the year before. Revenue from operations rose 11% from the previous year’s Rs 98.8 crore on a standalone basis, according to its filings with the Registrar of Companies (RoC).

BigThinx’s neural networks create a personalised 3D virtual avatar from 2D images for fashion brands and their customers.

China accounts for just around 1% of the group's total revenue and Italy for 5%, the CEO said. Safilo's factory in China reopened on Feb. 10 and it is now running at 85% of its capacity, and no big problems occurred at plants in Italy.

Giorgio Armani has donated 2 million euros in recent weeks to hospitals around Italy.

"As we started getting a lot of enquires from our regular customers, we have started taking Akshay Tritiya bookings online from 21st April onwards on our e-commerce platforms. The same will be delivered to the customers post lockdown ends," Aditya Pethe, director, WHP Jewellers said.

Mr. Ajoy Chawla, CEO, Jewellery Division at Titan Company Limited said, "All 328 Tanishq stores remain shut this year and hence it would be unfair to compare numbers with last year. But the overall customer response to tanishq.co.in from key metros and even with tier-2 and tier-3 towns has been extremely encouraging.

The 49-year-old, who has been lodged at Wandsworth Prison in south-west London since his arrest last year, appeared before a UK court via videolink.

World's gold demand during the first quarter of 2019 stood at 1070.8 tonne, according to WGC's Q1 Gold Demand Trends report.

Diamond trade at Surat has come to a halt because of the lockdown. Many workers have also left.

The company will continue to strictly comply with all government rules while reopening and running operations at the store. The company plans to reopen first 50 stores by 10th May, 2020.

The body has appealed to Prime Minister Narendra Modi and state chief ministers to facilitate payement of wages to workers for these two months. GEMA president Vijay Jindal also sought intervention of Textile Minister Smriti Irani and Finance Minister Nirmala Sitharaman in the matter.

In a letter to Civil Aviation Minister Hardeep Singh Puri, he said the council members could not clear the shipments on time because of lack of documents, "therefore, demurrage waiver may please be granted starting from March 1 till the time lockdown continues".

The outbreak has forced the world's second-biggest fashion retailer to temporarily close stores in more than a dozen markets, including all its shops in Italy.

Rapper Prince Harvey, after his computer crashed and his external drive was stolen, managed to record an entire album in Apple Store SoHo in four months, befriending employees, hiding files and using USB sticks and mail. as support. Abbie Hoffman →

Harsh Noise Wally, is a sophisticated mashup mixing strips of Wally, the lazy and cynic colleague of Dilbert with some epic noise music extreme attitudes. Well conceived and assembled.

Toonz has signed a deal with Tariq Albassami Group for opening 10 stores in the Gulf region in the next one year.

Malaysian kidswear brand Poney is waxing optimistic about India. But will it and other brands in the space succeed where so many have failed before?

The 2014 lawsuit alleged that EY's auditing facilitated an accounting fraud and sought damages from the consulting giant.

The company has designed a new system in collaboration with Microsoft to understand customer shopping behaviour, likening it to using Google-like analytics offline.

The shift in preferences from gender-specific colours and home-grown labels to branded outfits has led to a phenomenal growth in kids’ clothing in India.

612 League sells its products through 48 EBOs and 450 points of sales across the country. "We will also increase our points of sales to 800 in 4 years," he said.

Toonz is also launching new collection of its home brand Wowmom, Superyoung and Superyoung Celebration.

Fashion e-commerce platform Voonik on Monday announced its foray into kids wear segment.