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May 3, 2021
ABCD Technologies onboards new partners to boost pharma supply chain ABCD Technologies onboards new partners to boost pharma supply chain 03 May 2021 | News Source credit: Shutterstock ABCD Technologies LLP (to be renamed as IndoHealth Services LLP) has announced that nine new partners have joined the initiative aimed at developing a world-class pharmaceutical supply chain & distribution IT ecosystem in India. The new partners include Glenmark Pharmaceuticals Ltd, Emcure Pharmaceuticals Ltd, U...
April 14, 2021
Updated Apr 14, 2021 | 13:27 IST The US administration is looking to impose a “minimum tax” on global profit pools of multinationals that pay less than a certain percentage tax in other countries. Representational image  New Delhi: Large Indian information technology (IT) and pharmaceutical companies that also have operations in the United States stare at a possible jump in tax outgo amid the Biden administration’s plan to introduce new levies on multinationals....
March 5, 2021
Morning Brief (ET Bureau) Arijit Barman | 31:06 Min | March 05, 2021, 8:00 AM IST The frenzy of market listing via blank cheque companies has gripped companies worldwide and is now landing on Indian shores. Renew Power chairman Sumant Sinha and Girish Vanvari, founder of tax advisory firm Transaction Square, decode how Special Purpose Acquisition Companies work. Tags
February 6, 2021
Sabyasachi: Fashion’s crouching tiger, hidden dragon Namrata Zakaria Small The biggest acquisition of an Indian fashion brand — between ABFRL and designer Sabyasachi – decoded Just a couple of years ago, Sabyasachi told me about a lady who came up to him at Bhubaneswar airport and touched his feet. She said her husband came into great wealth copying the designer’s fashions and so she had also placed his photograph with her assortment of deities at the temple in her home. This story is a...
January 28, 2021
Read more about Aditya Birla Fashion acquires 51% stake in designer brand Sabyasachi on Business Standard. Sabyasachi is Indias largest and most influential luxury designer brand with strong Indian roots and global appeal
January 28, 2021
Mumbai (Maharashtra) [India], January 28 (ANI): Aditya Birla Fashion and Retail Ltd (ABFRL) has announced a strategic partnership with India's largest designer brand Sabyasachi by signing a definitive agreement for acquiring 51 per cent stake in Sabyasachi brand.
January 27, 2021
Aditya Birla Fashion and Retail to buy 51% stake in Sabyasachi for Rs 398 crore Sabyasachi had FY20 revenues of Rs 274 crore and Aditya Birla Fashion and Retail Ltd paid Rs 398 crore for the stake purchase. Designer Sabyasachi Mukherjee. (Image: Twitter @SabyaOfficial) Aditya Birla Fashion and Retail Ltd (ABFRL) has entered a strategic partnership with India’s largest designer brand Sabyasachi by signing a definitive agreement for acquiring 51 percent stake in the brand, the leading fashion c...
January 27, 2021
Aditya Birla Fashion and Retail Limited to acquire 51% in Sabyasachi Couture Posted On: 2021-01-27 07:37:13 (Time Zone: Arizona, USA) Indias leading fashion company, Aditya Birla Fashion and Retail Limited has announced a strategic partnership with Indias largest designer brand Sabyasachi by signing a definitive agreement for acquiring 51% stake in Sabyasachi brand. Sabyasachi is Indias largest and most influential luxury designer brand with strong Indian roots and global appeal. The brand...
January 25, 2021
The fund will submit expressions of interest, conduct due diligence and bring in expert management teams to run acquired companies. “We will be looking to develop this $10 billion fund and participating via EoIs — that does not mean we are going to win,” Agarwal told ET.