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Bata says open to tie-ups...

Kolkata: Bata India said it has...

Re falls to record 83.15/$...

Mumbai: The rupee fell 20 paise...

Bata says open to tie-ups after stock rises 5% on Adidas buzz

Kolkata: Bata India said it has ‘always explored possibilities of tie-ups’ a day after its stock jumped more than 5% over buzz of a strategic deal with Adidas. The footwear giant already has international alliances with global majors such as US giant Hush Puppies. Speculation of a collaboration with the German sports and lifestyle major was also fuelled by the fact that Bata India is now giving a disproportionate thrust on sneakers for growth in the Indian market — in line with the global trend of casualisation. The...
Karl Jörg -
Business Profiles

Bata says open...

Kolkata: Bata India said it has ‘always explored possibilities of tie-ups’ a day after its stock jumped more than 5% over buzz of...
Karl Jörg -
Business Profiles

Re falls to...

Mumbai: The rupee fell 20 paise to a record closing low of 83.15 against the dollar on Thursday due to a rise in...
Karl Jörg -
Business Profiles

Penalty can only...

Mumbai: The Reserve Bank of India has said that banks and finance companies cannot impose penal interest rates for non-fulfilment of loan conditions;...
Karl Jörg -
Business Profiles

Adani offloads 8%...

Mumbai: The Adani family on Wednesday sold shares worth over Rs 8,700 crore ($1.1 billion) in Adani Power through secondary transactions. About half...
Karl Jörg -
Business Profiles

Deposit boom with...

Mumbai: Currency with the public has dropped by Rs 1.56 lakh crore to nearly Rs 32.2 lakh crore as on July 28 from...
Karl Jörg -
Business Profiles

1 in 10...

Mumbai: Nearly 1 in every 10 women in India have owned cryptocurrency in India, marking the third-highest share globally, a study showed. Women...
Karl Jörg -
Business Profiles

RBI kicks off...

Mumbai: RBI has started a pilot project for its ‘public tech platform’ that will enable banks to grant loans digitally. Banks and finance...
Karl Jörg -
Business Profiles

‘IMF, WB must...

Mumbai: RBI governor Shaktikanta Das has urged the International Monetary Fund (IMF) and World Bank to ‘expeditiously’ re-evaluate their lending practices to stressed...
Karl Jörg -
Business Profiles

Sitharaman calls for...

Mumbai: Finance Minister Nirmala Sitharaman said that after decades of integration, the global economy is witnessing unravelling multilateralism. She called for strengthening the...
Karl Jörg -
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