PEs find investment in brands wise, but are wary of retailers

India-focused private equity (PE) players are keen on designer brands, but they seem to be wary of investing in retail apparel firms.   That explains why no deal has been sealed in the......

Apparel firms go for outsourcing

Mumbai-based fashion apparel manufacturer Spykar Lifestyle recently received $5 million (Rs 20 crore) investment from private equity firm Avigo Capital Partners. However, unlike most companies......

New models of Lancer soon

Amidst threat of intense competition in the car industry, C K Birla Group company Hindustan Motors Limited is planning to launch new models of its hi-end Lancer cars."The company is in discussions......

Hindustan Motors launches new Ambassador variant

Hindustan Motors on Monday launched a new variant of its old workhorse Ambassador, which, it hopes, would increase sales of the car by nearly 29 per cent to about 18,000 units this......