Exxaro Tiles targets European and US markets for growth

In keeping with Exxaro Tiles Ltd’s upward growth trajectory, there have been noteworthy developments pertaining to its performance. Capitalising on premium products continues to be one of its key strategic priorities. In line with this, its most recent milestone has been the new order worth Rs 35-40 crore, which the company bagged from big size … Read more

Enterprise e-commerce rides quick commerce wave, but credit challenges remain

[ad_1] Tiger Global-backed unicorn Moglix, which supplies industrial tools and equipment, now delivers more than 10,000 stock-keeping units (SKU) by the next day, within a few months of rolling out quicker deliveries. This is in contrast to its previous timeline of 96 hours prior to August 2024, according to its founder and chief executive Rahul … Read more

Sebi orders attachment of bank, demat accounts of DHFL’s ex-promoters in disclosure violation case

Markets regulator Sebi has ordered the attachment of bank accounts as well as shares and mutual fund holdings of Dheeraj Wadhawan and Kapil Wadhawan, the former promoters of Dewan Housing Finance Corp Ltd (DHFL), to recover dues totalling over Rs 22 lakh. This came after the brothers failed to pay the fine imposed on them … Read more

Tween Retailer Claire’s Considers Bankruptcy for US Operations

[ad_1] Claire’s Stores Inc. is considering a potential bankruptcy for its US operations, according to people with knowledge of the matter, as the former fixture of shopping malls across the country struggles with weak demand, higher import costs and a heavy debt burden. Houlihan Lokey Inc. has been working with the retailer to shore up … Read more

Viceroy’s many hits, few misses

[ad_1] Mumbai/Bengaluru: Thirty months after the shock Hindenburg report on Adani Group, New York-based short-seller Viceroy Research took aim at billionaire Anil Agarwal’s Vedanta Resources Plc, calling his mining and minerals conglomerate a Ponzi scheme. Founded in 2016 by British short-seller Fraser John Perring along with Gabriel Bernarde and Aiden Lau, Viceroy calls itself an … Read more

How to protect financial assets amid immigration raids, deportations

A spate of federal immigration enforcement raids from Los Angeles to New York has sparked demonstrations and rallies around the country, leading to mass arrests and National Guard deployment. The U.S. Immigration and Customs Enforcement crackdown has heightened concerns of foreign-born residents, especially undocumented immigrants and their families, about how they should prepare for worst-case … Read more

Mexican Firms Targeted by US for Laundering Get Reprieve

[ad_1] The US Treasury is granting a 45-day reprieve to three Mexican financial firms it moved to cut off from the US financial system, citing progress by the country’s government in addressing money laundering by drug trafficking cartels. The Treasury department’s ban on fund transfers with the designated firms will now take effect on Sept. … Read more

Complete shutdown in J&K to mourn Pahalgam terror attack

[ad_1] Are schools, colleges, markets and shops closed in Jammu & Kashmir (J&K) post Pahalgam terror attack? Yes, J&K is shutting down today, April 23. Business chambers, trade associations, transporters, students, and civil society organisations have all joined forces to call for the closure, which is known as the Kashmir Bandh and the Jammu Bandh.  … Read more