Following instructions from Excise Minister Ram Naresh Agnihotri, principal secretary (excise) Sanjay R Bhoosreddy said that a rate higher than the fixed MRP cannot be charged by liquor vendors under any circumstances.

The five per cent increases, which will take the tariffs to 15-25 per cent, and are due to roll out in stages through December and target some popular items, such as laptops, mobile phones and some shoes.

Sharing the reasons for the slowdown in the shoe industry, shoe manufacturer Pradeep Kumar said: "The main cause is the flood that most part of the country is facing. Due to sluggish sales, we are also short of funds."

The company, which has a retail network in 450 towns, is further expanding by adding new stores in smaller towns through franchise route.

"Similar to others in the marketplace, approximately half of Nike-owned stores have been temporarily closed," while it is "experiencing lower than planned retail traffic in stores that do remain open."

Every year, leather shoes worth over Rs 3,000 crore are exported to European countries from Agra. The US and several African countries are also important destinations for Agra footwear, say industry sources.

The outbreak that has infected over 24,000 people and killed nearly 500 in mainland China has forced many stores and factories to close and airlines to cancel flights.

Dutch news agency ANP, citing an internal email, reported overnight that the office in Hilversum would be disinfected. The employee was staying home in isolation for 14 days, it said.

Founded in 2017 by Taran Chhabra and Amar Preet Singh, Neeman’s is a sustainable shoe brand that uses completely natural, renewable, recyclable and chemical-free materials to reduce the carbon footprint.

Russia has imported leather and footwear worth USD 3.9 billion in 2018, and India's exports to that country stood at only USD 52.6 million, said Panaruna Aqeel Ahmed, chairman of Council for Leather Exports (CLE).

The production of high-tech running shoes at its so-called speedfactories in Germany's Ansbach and in the US city of Atlanta "will be discontinued by April 2020 at the latest", Adidas said in a statement.

Campus Activewear is part of the Synergy Action Group that sells 100,000 pairs of shoes every day through more than 50,000, mostly third-party, outlets, according to Action Shoes’ website.

"Our business activity in Greater China has been around 85 percent below the prior year level since Chinese New Year on January 25," Adidas said in a statement.

China accounted for 20% of Adidas sales in 2018. It sells its products from about 12,000 stores in China, most franchises plus fewer than 500 of its own stores. Almost a fifth of its shoes and apparel are produced in the country.

"We would like to wholeheartedly apologise. We have paid our landlords the rent for April." Adidas, which made a net profit of nearly two billion euros ($2.2 billion) in 2019, has been hard hit by a slump in Chinese sales and store closures around the world.

No large-cap company in the FMCG/ retail space is offering growth visibility as high as Titan.

“Sales in all divisions in the second half of December were also impacted to some extent due to forced store closures due to the protests in the North East and in many other parts of the country,” the company said in a stock exchange filing on Saturday.

Jewellery remains the main business of the company, generating most of its operating profit (EBIT). It added 34 jewellery stores in the first nine months and plans to add another 16 by the end of the fiscal taking the total store count to 337.

“Titan phased out its older models and launched Fastrack’s Reflex 2.0 in the 2018Q3. It helped the brand to get a healthy 70% sequential growth in its overall shipments in the overall wearable segment,” IDC said.

Duke University Press, ISBN-13: 978-0822368687, English, 288 pages, 2019, USA

Eidsheim starts this book by introducing ‘the acousmatic question’ (“who’s this, who’s speaking?”) to discuss the dichotomy between a sound and its source before and →

INTRO – It’s not quite a comeback for the Cleveland County-based band the Acoustic Syndicate. They hadn’t been in a studio since 2004, they haven’t regularly toured in that time either… but they never quite got all the way out with occasional shows here and there over the last several years. Now they’re back in a big way… new tour, new CD… and again willing to consider the bright lights with the knowledge they can always contentedly return to the farm. George Olsen has this. The roots of the band the Acoustic Syndicate are certainly deep. The three McMurry’s who front the band… two brothers, one cousin… are fifth generation Cleveland Countiers. ”Cleveland County is the home of Earl Scruggs. He actually worked in the same cotton mill as my grandmother. They worked in the same mill when they were children.” Those five generations have farmed the same piece of land since the 1700s. In more modern times immigrant labor came in to help work the farm. “I guess the biggest eye opening

Industry watchers say wholesalers are holding back stocks of popular phone models in anticipation of a price rise by the month-end as production in China slows; brands as yet unaware of complaints.

“There are supply issues for several brands. There is no clarity when the situation will normalise,” said Nilesh Gupta, director at Vijay Sales, a leading electronics retailer in Mumbai and New Delhi. “If it doesn’t get corrected fast, we may move into a stock-out situation from next month.”

Apple reopened 38 Apple stores which were temporarily closed after the epidemic, state-run China Daily reported. Only four stores remain closed.

The decision was taken in the 39th GST Council meeting chaired by finance minister Nirmala Sitharaman. The move was made to correct the inverted duty structure. ​

The high court, based on King's ownership of the intellectual property rights for the Candy Crush game and the evidence of its popularity.

King Digital Entertainment Plc, owner of Candy Crush, has signed an exclusive licensing deal with Mumbai-based Dream Theatre, to license and sell Candy Crush branded products across South Asia.

Many people assume that the videogame seller will go the route of book, music, and video stores, reports Joshua Brustein at Bloomberg Businessweek.

Samsung will compete with the likes of Benq and Asus, who also have a strong line-up of gaming monitors.

The offer comprises a fresh issue aggregating up to Rs 330 crore and an offer for sale of up to Rs 120 crore.

Complicated manufacturing and investment needs may have a role in keeping new players out of the business.

The company had also brought the Classmate Pulse Selfie notebooks, allowing personalisation of notebooks with a selfie on the cover.

Rotomac violated FEMA rules and worked for interest rate differential in local and foreign currency in the guise of trade without having any genuine business transactions.

Readers have placed online orders and bookstores are keeping a track of each order and are hoping to cater to every such customer once the situation gets better.

The reinvention started more than a decade ago, soon after the company decided to exit textile manufacturing.

PwC, Microsoft, KPMG & EY to help business turn profitable by next fiscal.

We will be investing approximately Rs 2-3 crore each in setting up 10 Lacasa stores covering around 40,000-50,000 sq. ft. area till 2020.

The capex for FY'18 is about Rs 300 crore to expand lighting and bathroom fitting plants

The Group has launched a marketing campaign including digital, outdoor, television and cinema to promote the brand, the company said in a statement.

Kalra was earlier associated with HSIL as Senior Vice President – Sales. Prior to joining HSIL, Kalra has held leadership positions at Sintex Industries, Somany Ceramics, and Pidlite Industries.

Having suffered an unprecedented sales decline of 6-7 per cent in 2019-20, the industry will be up against challenges in both supply and demand sides due to the coronavirus pandemic, Panasonic India and South Asia President and CEO Manish Sharma said.

There are another more than 30,000 microwave ovens, AC and washing machines which needs repair at a time when Indians are locked indoors and doing household chores themselves due to the lockdown.

​​Individually, each brand is seeking more clarity and approval on the guidelines. The guidelines say that we would have to open in a phased manner. All brands are gearing up to open up, wherever, it will be permitted," CEAMA President Kamal Nandi said.

"Sales and profits of set products business, including smartphones and TVs, are expected to decline significantly as COVID-19 affects demand and leads to store and plant closures globally," Samsung said in a statement.

Both LG and Samsung have opened bookings for various products on their websites for limited periods and are offering gifts of up to Rs 10,000 on pre-bookings made during the lockdown period. LG has opened pre-bookings till May 15 and Samsung by May 8.

The company had recently contributed Rs 15 crore to PM CARES Fund.

The business of fine writing instruments is growing in tandem with other luxury segments in Koramangala and its surroundings.

With about a million products available on its website, Tolexo is among the largest B2B ecommerce sites in the country, serving 2.5 lakh businesses.

India’s largest maker of writing & printing paper has been in talks with Nine Dragons for some time now. Discussions are likely to lead to a binding agreement soon, sources said.

Even with Reliance's considerable experience, turning a trophy into a titan isn’t a given.