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Khadim India raises Rs 90 cr from Reliance Equity
Kolkata-based footwear manufacturer and retailer Khadim India Ltd has raised Rs 90 crore from private equity (PE) firm Reliance Equity Advisors. Khadim will use the funds to finance its expansion… Read more
Reliance Trends looks towards Fast Fashion
Reliance Trends, owned by Reliance Industries Limited (RIL) CEO MukeshAmbani, sees Fast Fashion as a major revenue boosting entity for the brand. The fashion retailer will adopt mid-level pricing combined… Read more
Papa John’s franchisee shutters 8 restaurants
Eight Papa John’s units in Northern California were shuttered suddenly last week as the franchise operator reportedly prepares for a bankruptcy filing. The eight stores were operated by a franchise… Read more
PepsiCo puts Sanjeev Chadha in charge of 90 countries
NEW DELHI: PepsiCo has promoted company veteran Sanjeev Chadha as its chief executive officer for the Asia, Middle East and Africa (AMEA) region. Chadha will oversee all aspects of the… Read more
Krispy Kreme signs Franchise agreement in South America
Krispy Kreme Doughnuts Inc. is headed south, as in Colombia, South America. The company has landed its first franchise agreement on the continent. The company said it has signed a… Read more
SRK Kidzania India Opens First Theme park
A few years ago, an NRI businessman and a Bollywood superstar, both still unknown to each other, had a common wish. They wanted to set up a children’s theme park…. Read more
Thomson Reuters launches data service in Asia
Information services giant Thomson Reuters has expanded its market data business in Asia Pacific, a sign that super-fast automated trading strategies are taking hold in the region. The company said… Read more
Grease Monkey Franchisee receives Franchise of the Year award
GREENWOOD VILLAGE, CO — Grease Monkey International franchisee Ron Morrow has received the International Franchise Association’s Franchise of the Year Award. Morrow opened his first Grease Monkey location in 1987… Read more
Rakesh Roshan may continue Kid Krrish as Franchise India
Filmmaker Rakesh Roshan, who has collaborated with Cartoon Network to release an animated film Kid Krrish based on his feature film franchise Krrish, says if the TV project works, he… Read more
Indian design store Karmik to open in Pakistan
New Delhi: Indian multi-designer fashion house Karmik will open its first store in Pakistan’s Lahore city on Friday, and six more in the same country over the next three years…. Read more