NEW DELHI: Shares of Future Retail traded 4.99 per cent up in Thursday 's trade at 10:21AM (IST). Around 322893 shares changed hands on the counter. The stock opened at Rs 76.8 and touched an intraday high and low of Rs 76.8 and Rs 76.0 , respectively, in the session so far. The stock quoted a 52-week high of Rs 489.25 and a 52-week low of Rs 61.05 . Market cap of the company stood at Rs 4058.33 crore on May 07. Cash-strapped Kishore Biyani is offering a significant stake in his crown jewel Future Retail to US ecommerce giant Amazon to pare debt, reports Rasul Bailay. The Future Group is considering demerging the food business of Future Retail into a separate entity to make the proposed deal compliant with FDI norms. Key Financials The company reported consolidated sales of Rs 5193.19 crore for the quarter ended 31-Dec-2019 , down -4.7 per cent from previous quarter's Rs 5449.06 crore and down -3.26 per cent from the year-ago quarter's Rs 5368.46 crore. Bottomline for the … [Read more...] about Trending stocks: Future Retail shares climb 5%
This year's holiday comes amid the COVID-19 pandemic, which has seen the temporary closure of many non-essential stores across the country. But online sales are ongoing and Memorial Day sees various shops offer slashed prices on a range of products. … [Read more...] about Best Memorial Day Sales 2020 at Lowe’s, Best Buy and More
The change in how men dress and interact with their clothes has been slow but significant. In normal times, men’s rules of dressing are deeply ingrained and antiquated. We’re told from the time we can crawl what’s allowed and what’s not (trousers, not skirts; blue not pink; flats not heels). These rules get enforced by school uniforms and work dress codes. Colours disappear from the mental list of options, so do styles and combinations until you’re left with a very slim array of style options, from “John Major” to “John Major on holiday”. … [Read more...] about From crop tops to tie-dye: how lockdown has liberated men’s wardrobes
But officials expect the progress to be slower in Los Angeles County, which accounts for nearly 60% of the state’s total deaths and almost half of the nearly 90,000 confirmed infections. The county’s death toll rose Thursday to 2,016, with more than 42,000 confirmed cases. … [Read more...] about Can California enjoy Memorial Day without spreading coronavirus? It will be a big test
Regarding mechanics, VNR will invest in automation of manufacturing factories so as to develop into two modern manufacturing sites to assembly locomotives and railroad cars, and produce spare parts with localisation rate increasing to 50 per cent for locomotives and over 70 per cent for railroad cars. In terms of transport, the giant will increase connection with other means of transport such as road, sea, and air while ensuring rising application of technologies to ensure safety and increase service quality, administration, operation, and capacity. … [Read more...] about BUSINESS NEWS HEADLINES MAY 25
The cuts came amid bank credit growth in the first quarter of only 1.1 per cent compared to 2.28 per cent in the same period last year as many businesses scaled down or stopped operations, experts said. … [Read more...] about VN ready to be world’s factory, but is the world?