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Duesseldorf-based Gerch, founded in 2016 and with a current project volume valued at 4 billion euros ($4.3 billion), said in a statement the move was "due to imminent inability to pay".

Gaps weak sales were on similar lines to the latest earnings and forecasts from retailers ranging from Macys to Foot Locker, in fresh signs U.S. consumer spending is under stress heading into the second half of the year due to persistent inflation and repeated interest rate hikes.

'The Culinary Saga' is an immersive dining experience that presents the richness of flavours and goodness of authentic Indian food.

Hyderabad: The average bid amount was pegged at Rs 63,512 per sq yard. The auctions will be conducted for four more days — August 24, 25, 28 and 29 — said officials.

Abercrombie & Fitch: Abercrombie has been filling its shelves with a fresh collection of styles, including dressy apparel and cargo pants, while also capitalizing on the demand for new denim silhouettes, as jeans become a post-pandemic workwear wardrobe staple.

Indias annual retail inflation rose sharply to 7.44% in July from 4.87% the previous month. A Reuters poll of 53 economists had forecast a rate of 6.40%. The figure was the highest since April 2022.

Asda, Britains third largest grocer, said it had lowered the prices of 425 branded and own-label products, such as nappies, bread, cereals and sausages, by an average of 11%.

As that market starts getting saturated, all platforms are A) targeting the next set of consumers and also the next set of suppliers. And SMEs in overall retail universe, they have accounted for almost two-third of the Indian retail, but they have been under-represented in e-commerce space so far.

From September 1, the promoters have to display a QR code on each and every project promotion and advertisement. This is being done to assist home buyers in getting information about the project easily.

The investment will help Nisus Finance and Phoenix ARC take over the project and exit the loans of the erstwhile lender DHFL through Piramal Capital & Housing Finance.