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Myntra Secures ₹1,062 Cr Funding from Singapore Parent Amid Global Expansion and Rising Competition
Blog Business

Myntra Secures ₹1,062 Cr Funding from Singapore Parent Amid Global Expansion and Rising Competition

  • by Businessnewsindia@admin
  • May 28, 2025

Fashion ecommerce major Myntra has received a fresh funding of INR 1,062.5 Cr (approximately $124 Mn) from its Singapore-based parent, FK Myntra Holdings Pvt. Ltd. The move came through a rights issue

BlackBuck Bounces Back: Q4 FY25 Profit Hits INR 280 Cr Backed by Strategic Shift and Tax Credit Boost
Blog Business

BlackBuck Bounces Back: Q4 FY25 Profit Hits INR 280 Cr Backed by Strategic Shift and Tax Credit Boost

  • by Businessnewsindia@admin
  • May 28, 2025

BlackBuck, the digital freight logistics giant, delivered a major surprise in Q4 FY25 by clocking a net profit of INR 280.1 Cr, a sharp reversal from the net loss of INR 90.8

Oyo’s IPO Journey: Third Attempt Eyes $5–7 Billion Valuation Amid Debt Pressure
Blog Business

Oyo’s IPO Journey: Third Attempt Eyes $5–7 Billion Valuation Amid Debt Pressure

  • by Businessnewsindia@admin
  • May 28, 2025

Oyo’s parent company, Oravel Stays, is gearing up for its third initial public offering (IPO) attempt as it plans to invite formal pitches from merchant bankers next week. After two previous unsuccessful

Sattva Sukun Lifecare Expands into Premium Décor with New GI-Certified Glass Manufacturing Plant in Firozabad
Banking Blog Business

Sattva Sukun Lifecare Expands into Premium Décor with New GI-Certified Glass Manufacturing Plant in Firozabad

  • by Businessnewsindia@admin
  • May 27, 2025

Sattva Sukun Lifecare Limited, formerly known as Mayukh Dealtrade Limited, has announced a pivotal development in its growth journey with the commissioning of a new manufacturing facility in Firozabad, Uttar Pradesh. This

Moschino Sells Ink-Stained Shirt for Rs 80,000, Sparks Online Outrage
Blog Business

Moschino Sells Ink-Stained Shirt for Rs 80,000, Sparks Online Outrage

  • by Businessnewsindia@admin
  • May 27, 2025

Italian luxury fashion house Moschino is making headlines once again, but this time, not for its flamboyant runway shows or bold pop-culture-inspired pieces. The spotlight is on a rather unconventional product—an Rs

FTSE Weight Cut May Trigger ₹3,235 Cr Outflow from Zomato Parent Eternal
Blog Business

FTSE Weight Cut May Trigger ₹3,235 Cr Outflow from Zomato Parent Eternal

  • by Businessnewsindia@admin
  • May 24, 2025

Global index provider FTSE Russell has significantly reduced the investability weighting of Eternal—the parent company of Zomato—from 82.7% to 49.5%. This move is expected to cause a potential capital outflow of ₹3,235

Myntra & Ajio Drop Turkish Brands Amid Growing Boycott Over Turkey’s Stance on India-Pak Conflict
Blog Business

Myntra & Ajio Drop Turkish Brands Amid Growing Boycott Over Turkey’s Stance on India-Pak Conflict

  • by Businessnewsindia@admin
  • May 20, 2025

Myntra and Ajio, India’s top online fashion platforms, have stopped selling Turkish brands following public outrage over Turkey’s support for Pakistan during the recent India-Pakistan military conflict. The backlash erupted after Turkey

Myntra Goes Global: Indian Fashion Giant Launches International Shipping to Singapore
Blog Business

Myntra Goes Global: Indian Fashion Giant Launches International Shipping to Singapore

  • by Businessnewsindia@admin
  • May 19, 2025

Flipkart-owned fashion platform Myntra has officially expanded its operations beyond India by initiating international shipping, starting with Singapore. This marks a significant milestone for the company as it taps into the thriving

Steel Today, Aluminium Tomorrow: Anil Agarwal Warns of Rising Trade War Impact on Indian Metals
Blog Business Economy Operation Sindoor Pahalgam Attack

Steel Today, Aluminium Tomorrow: Anil Agarwal Warns of Rising Trade War Impact on Indian Metals

  • by Businessnewsindia@admin
  • May 17, 2025

While political tensions between the US and China dominate global headlines, Vedanta Chairperson Anil Agarwal highlights a different frontline in the global trade war—metals. According to him, steel and aluminium are no

How Reliance Built Asia’s Largest Orchard on Barren Land?
Blog Business

How Reliance Built Asia’s Largest Orchard on Barren Land?

  • by Businessnewsindia@admin
  • May 6, 2025

Mukesh Ambani, India’s richest man and the force behind Reliance Industries, is globally recognized for disrupting sectors like petrochemicals, telecom, and retail. But few know that he’s also created Asia’s largest mango

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