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Rotomac boss was among top 100 key invites to UP summit

Barely a week before he was taken into CBI custody on charges of defaulting on bank loans to the tune of Rs 3,000 crore, Rotomac chairman Vikram Kothari was among the top 100 key invitees to the mega UP investor summit.




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Boutique Living to be a Rs 500 cr brand in 5 years: Asim Dalal, MD, Indo Count

The Rs.13000 crore domestic bed linen market is expected to be more than Rs 19,000 cr market by 2021 and there is a scope for us to explore the domestic market at this point in time.




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Lacasa store concept will grow our business 2 times by 2020: Manish Bhatia, HSIL

We will be investing approximately Rs 2-3 crore each in setting up 10 Lacasa stores covering around 40,000-50,000 sq. ft. area till 2020.




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Jaquar aims to make lighting Rs 1,000 cr business in 2-3 yrs

The capex for FY'18 is about Rs 300 crore to expand lighting and bathroom fitting plants




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HSIL eyes Rs 700 crore sales from consumer biz in 4-5 years

The company is present in built-in kitchen appliances and claims to be the number three brand in the country.




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Jaquar aims $1 bn turnover by 2022, to open 15 stores globally

The company, which aspires to be a global brand in the segment, is in the process of opening 15 exclusive brand showroom 'Jaquar world' across the globe.




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Consumer electronics industry sales may fall 50% in Q1 due to lockdown: Panasonic

Having suffered an unprecedented sales decline of 6-7 per cent in 2019-20, the industry will be up against challenges in both supply and demand sides due to the coronavirus pandemic, Panasonic India and South Asia President and CEO Manish Sharma said.




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Consumer durables Q4 earnings preview: Profits may fall up to 40% on erratic sales

Most consumer durables companies in India rely on imported components. Poor input supplies since January and later closure of factories, malls, shops and offices due to the lockdown hit consumer demand badly.




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Sony cuts television prices up to 20% to spur demand during Covid-19

The company has cut prices anywhere from Rs 2,000 on the smaller screen televisions going up to Rs two lakh on a flagship 85-inch model apart from rolling out long tenure no-cost EMI schemes and bundling offers. It has launched a new 85-inch model at Rs 5.9 lakh bringing down its earlier pricing structure of Rs 10 lakh in this screen size.




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Meet Ryan: A 7-year old boy who is the highest-paid YouTube star of 2018

The boy topped Forbes' list of "Highest-Paid YouTube Stars 2018" with an impressive earning of USD 22 million.




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Reliance opens 100th Hamleys store in India

Hamleys entered Indian in 2010 with its first store at High Street Phoenix Mumbai and is currently the largest toy retailer in India with 100 stores in 36 cities.




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Karnataka Bank reports Rs 40.39cr fraud by Hanung Toys and Textiles

​​H​​anung Toys and Textiles Ltd (borrowing account) dealing with the bank since 2008 had availed various credit facilities under consortium arrangement wherein, Karnataka Bank was one of the member banks, it said in a regulatory filing.




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200% import duty hike to hit toy business in India: Importers

The Centre, in the Union budget presented by Finance Minister Nirmala Sitharaman, has proposed raising the import duty on toys from 20 per cent to 60 per cent from the next fiscal, saying that the step would support the MSMEs and promote local manufacturing.




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Gold may zoom to Rs 82,000 per 10gm by end ’21: Analysts

On Thursday, gold futures for June on MCX closed at Rs 46,352/10gm. So, in about one and a half years, gold prices in India could gain about 75%. In the international market, gold is currently trading at about $1,750 level.




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Khazana Jewellery to contribute ₹10 crore towards fighting the COVID-19 pandemic

Brand Content Initiative




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Episode 55: 20 Jazz Funk Greats

Datassette presents a series of mixes intended for listening while programming to aid concentration and increase productivity (also compatible with other activities).




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GoPro ancestors in the 1960s and 1970s

GoPro ancestors in the 1960s and 1970s, mainly sport and movie persons like F1 driver Jackie Stewart, Bob Sinclair and Steve McQueen.

 




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FirstCry becomes Ratan Tata's fourth investment in 2016

Earlier this month, Ratan Tata had invested in Tracxn Technologies and followed it up with pet care portal DogSpot and online cashback and coupons venture CashKaro.




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Toonz Retail expects 30% of turnover from overseas

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




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Kidswear company '612 League' to raise Rs 100 crore, eyes top slot

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.




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Toonz Retail sets to start 10 new stores, considering 5 cr investments

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




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Toonz Retail targets Rs 100 crore turnover by FY19

which are high on potential and aspirations.From mix point of.




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CBI books Delhi-based kidswear retailer for Rs 20 crore fraud

It is alleged that the company and its officials fabricated balance sheets to avail a loan which was not repaid to the bank, they said.




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SoftBank commits $400 million for babycare co FirstCry

The company, one of the largest in its space, sells just about everything a child and a new mother needs - apparel, footwear, toys, books, feeding & nursing products, soaps, oils, powders, baby monitors, strollers and baby bedding.




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Grofers is in talks to raise $60-70 million

The funding comes at a time when the company’s sales and margins have doubled, compared to the same period last year.




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Lockdown 3.0: People place orders online for non-essential items; staff crunch may delay deliveries

E-commerce companies have been permitted to sell all items in Orange and Green Zones starting from Monday, the first day of the third phase of the nationwide lockdown that began on March 25.




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Lockdown 3.0: Mobile phones, gas stoves, trimmers see spike in searches on Flipkart

The Walmart-owned company said it had seen an increase in searches for consumer electronic products, including personal grooming equipment such as trimmers.




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Truefitt & Hill to take India tally to 17 by 2017-end

World’s oldest barber shop Truefitt and Hill is keen to take its India tally to 17 by the end of this year.




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India's latest acceptance of curls lead to the emergence of a Rs 200 crore industry

Even though 60% of the world’s population has either curly or wavy hair, Indians have always considered straight hair the ideal type.




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Nykaa raises Rs 75 crore as valuation touches Rs 3,000 crore

This is the fourth round of fund-raising by Nykaa, which last raised about Rs 100 crore in 2016 from Max India, the Sunil Munjal family office and Harsh Mariwala.




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VLCC to open 50 institutes in India; plans to go international

With the opening of more institutes, VLCC is eyeing a 35 per cent year on year revenue growth. In FY 2018, it had a turnover of Rs 55 crore for the skilled business.




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Personal care startup MCaffeine raises $500,000 in pre-Series A round

The latest round of funding was led by the startup’s existing backer Harminder Sahni, founder of consultancy firm Wazir Advisors, Lets Ventures’ Mohit Bajaj and Calcutta Angels.




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Beauty & wellness business has market potential of Rs 80,000 crore in India: Skills development minister

“India would need more than 70 lakh skilled manpower in coming months in this sector due to unleashing of economy,” Mahendra Nath Pandey said.




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L'Oreal donates 60,000 litres of hand sanitizers to aid coronavirus fight

L'Oreal India's operations team will donate hand sanitisers to public health institutions, police forces and NGOs, who are at the forefront of the fight against the virus, said a statement.




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AVA Group targets Rs 500 crore sales turnover in FY20

The company, celebrating its 50th anniversary, has lined up a string of new products for the future.




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Govt caps maximum retail price of 200ml hand sanitizer at Rs 100 till June

"The price cap has been imposed taking into account the sharp increase in prices of raw materials used in making of face masks and hand santizer," Paswan said.




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Hand sanitizers vanish the shelf again, 50% couldn't find it: LocalCircles survey

“50% of those surveyed said they were not able to buy at all due to no availability while 26% said they had to buy an unknown brand as reputed brands were out of stock. 8% said they were able to buy reputed sanitizers at a general retail store and 15% said they were able to buy reputed brand sanitizers at a chemist,” LocalCircle survey said.




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UP govt issues licences to 48 companies to make 50,000 litres of sanitisers per day

"The total sanitiser licenses issued in the state is 48 and production ramped up to 50,000 litres per day," Additional Chief Secretary, Information, Awanish Awasthi, told reporters.




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E-pharma finds going tough as it runs at 50-70% capacity

Although warehouses are open and delivery staff moving freely, they are operating at suboptimal capacity. Since there is increased consumer demand, there is scarcity of medicines ordered online.




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Fit and fine: Retail market for fitness in India likely to touch Rs 7,000cr by year-end

The value of the market in India is Rs 4,579 crore at present.




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Anytime fitness to invest Rs 10 cr for expansion

Anytime Fitness further eyes expansion in Tier II and III market.




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CureFit gets $10 m in debt financing

The startup plans to raise more going forward to fund its capital expenditure (capex).




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Mukesh Bansal's CureFit eyes 500 CultFit fitness centres by 2020

Bansal said the startup has so far raised around $160 million and only less than 20% of the funds were utilised so far and the balance funds will be spent over the next few years towards developing fitness devices and technology platform, apart from expanding the footprint.




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We want to be present in 120 Indian cities by 2022: Navneet Banka, Trek

According to Banka, since its launch in the country, Trek has acquired more than 30,000 customers and till now had sold seven bicycles in the range of Rs 6.5 lakh to Rs 12 lakh.




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HC orders sale of gear from 50 of Talwalkars’ gyms to clear dues

As per the order, the gym is spread over nearly 103 locations across the country.




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YouWeCan picks up 10-15% in sports startup for children

Yuvraj Singh’s fund YouWeCan Ventures has made its ninth startup investment in just about six months, picking up a minority stake in SportyBeans.




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Mahesh Bhupathi's Sports365 aims to be Rs 1,000-cr firm in 5 years

Sports365 is also supported by icons as Yuvraj Singh, Deepika Pallikal and Bhupathi's wife Lara Dutta and is partnering with foreign sports brands as their exclusive partners in India.




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Meerut's sports goods mkt sees 80% fall in sales after note ban

A month after demonetisation, the industry is yet to recover from the shock. Sales have dipped drastically, and small businesses have had to shut down.




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How The Approval Of The Birth Control Pill 60 Years Ago Helped Change Lives

Updated at 9:44 a.m. ET As a young woman growing up in a poor farming community in Virginia in the 1940 and '50s, with little information about sex or contraception, sexuality was a frightening thing for Carole Cato and her female friends. "We lived in constant fear, I mean all of us," she said. "It was like a tightrope. always wondering, is this going to be the time [I get pregnant]?" Cato, 78, now lives in Columbia, S.C. She grew up in the years before the birth control pill was approved by the U.S. Food and Drug Administration, on May 9, 1960. She said teenage girls in her community were told very little about how their bodies worked. "I was very fortunate; I did not get pregnant, but a lot of my friends did. And of course, they just got married and went into their little farmhouses," she said. "But I just felt I just had to get out." At 23, Cato married a widower who already had seven children. They decided seven was enough. By that time, Cato said, the pill allowed the couple to




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As the Worm Turns - Tuesday, March 10th

Host Jill Spears and gardener Lance Swigart, plus special guest Wind Clearwater, discuss seasonal gardening subjects and take calls from listeners. Got a question? Email worm@kvnf.org or call during the show! 970-527-4868 or 1-866-KVNF-NOW, 6:30-7:00 pm every Tuesday!