Author: Leo Oommen

KVIC issues fresh legal notice on Fabindia

February 7, 2018

Seeking damages of Rs 525 crore from the ethnic wear retail chain Fabindia over its allegedly unauthorised use of the registered trademark khadi, the Khadi and Village Industries Commission (KVIC) has issued a fresh legal notice. The KVIC issued the notice on January 29 through legal consultants Kochhar & Company, according to reports. Under the […]

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Emami set to acquire 26 pc stake in Brillare by way of investment

February 6, 2018

Emami would make a strategic investment in Brillare Science through compulsory convertible preference shares which on conversion would result in a 26 per cent stake in Brillare for Emami, said a company statement. The move marks Emami’s foray into the Rs 30 billion salon cosmetics segment. Brillare owns premium hair and skin care portfolio for […]

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Renault India takes automobile industry by storm

February 6, 2018

With the launch of KWID superhero edition with Marvel’s Avengers, French car-maker Renault India has created ripples in automobile industry. The KWID Super Hero Edition is designed and developed by Renault’s design studios in Mumbai and Chennai, and it demonstrates Renault’s progressive design innovation while underscoring Renault’s commitment to the Indian market. Touted as the […]

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Nazara’s bid to get into stock market

February 6, 2018

In its bid to enter the stock market, Nazara has filed a draft red herring prospectus with capital markets regulator Securities and Exchange Board of India. The company runs popular subscription-based games like Chhota Bheem, Star Cricket, Bike Racing, Motor Racing etc. across Africa, Middle East, South East Asia, Latin America and the Indian subcontinent. […]

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Amazon pumps in huge amount of funds in its India unit

February 6, 2018

In a bid to show its supremacy in India’s domestic e-commerce market and also get past  Flipkart, Amazon has pushed  in a record capital of  Rs 1,950 crore into its main India unit, it is gathered. According to sources, Amazon Seller Services has in all received Rs 8,150 crore (about $1.3 billion) so far in […]

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Petition filed in Kerala Court against Kamal’s Aami

February 5, 2018

Ahead of the release of director Kamal’s upcoming film Aami – a biopic on the acclaimed writer Madhavikutty alias Kamala Das that stars Manju Warrier, a petition has been filed in the Kerala High Court seeking a ban on the film. In this, the petitioner has asked for a directive to Central Board of Film Certification (CBFC), restraining […]

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Alibaba Group launches first global advertising campaign for upcoming Olympic Winter Games

February 5, 2018

Alibaba Group has launched its first global advertising campaign for the upcoming Olympic Winter Games in South Korea. The campaign titled ‘To the Greatness of Small’ features three commercials that illustrate how one small action can touch millions of people, how small moments of character can inspire the world and how the underdog can achieve great things. The cornerstone […]

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Indian design studio accuses Christian Dior of copying one of its block prints

February 5, 2018

An Indian design studio has accused Christian Dior of plagarising one of its block prints. New Delhi studio and store named People Tree has alleged that a yoga print featured on a red cotton dress designed by Christian Dior, the French luxury giant and worn by Bollywood actress Sonam Kapoor on the cover of the […]

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AIR partners with Amazon; to broadcast its programmes throughout the world

February 5, 2018

Thanks to a recent pact between All India Radio and Amazon Echo service, listeners of the public broadcaster can now tune into Amazon’s Alexa to access FM radio, the popular Vividh Bharati and 41 other services from any part of the world. The public service broadcaster has partnered with e-commerce platform Amazon for the latter’s […]

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LIMA to honour two industry executives to join the Licensing Hall of Fame this year

February 3, 2018

The International Licensing Industry Merchandisers’ Association (LIMA) has selected two industry executives to join the Licensing Hall of Fame this year. Elias Fasja-Cohen, chief executive officer and founder of Tycoon Enterprises and Brian Goldner, chairman and chief executive officer of Hasbro will be honoured at the annual LIMA Awards Ceremony that will be held on […]

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Amul, Parle, Big Bazaar and Dabur in top ten list of most liked companies in India

February 3, 2018

With domestic brands like Amul, Parle, Big Bazaar and Dabur featuring in the top ten list of India’s most popular brands. A Nikkei BP-Market Xcel Data Matrix survey has revealed that domestic brands like Amul, Parle, Big Bazaar and Dabur are liked and revered by Indian consumers at par with international brands like Samsung and […]

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In its effort to go one up on Flipkart, Amazon pumps in record capital into its India unit

February 3, 2018

In its effort to race past larger domestic rival Flipkart, Amazon has pumped record capital into its main India unit this financial year. With the latest infusion of Rs 1,950 crore, this exercise has added crucial firepower as the global online retail giant accelerates towards its goal. Overall, Amazon Seller Services has received Rs 8,150 […]

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Walmart Stores Inc inches towards acquiring Flipkart

February 3, 2018

Walmart Stores Inc, the world’s biggest retailer, is in advanced talks to acquire a significant minority stake in leading ecommerce marketplace Flipkart, it is understood. A deal regarding the matter could be finalised by March. It is said that Walmart’s chief executive officer Doug McMillon led a delegation to Flipkart’s Bengaluru office early last week […]

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China, India are Apple’s growth market: Report

February 2, 2018

Apple (AAPL) has reported its first-quarter fiscal 2018 results on Feb 1. Courtesy of a robust product portfolio that is driving subscriber base expansion The services segment is expected to be the key catalyst. Apple’s Services segment includes revenues from Internet Services, App store, Apple Music, Apple Care, Apple Pay, licensing and other services. In […]

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