Flipkart to offload entire stake in Aditya Birla Lifestyle via Rs 950 crore block deal: Report

Flipkart to offload entire stake in Aditya Birla Lifestyle via Rs 950 crore block deal: Report

Flipkart Investments is set to exit its entire 6% stake in Aditya Birla Lifestyle Brands Ltd (ABLB) through block deals worth around Rs 950 crore, according to a CNBC Awaaz report. The sale will involve 7.3 crore shares at a base price of Rs 130 per share. The move marks one of the larger exits … Read more

Sustainable fashion: Leather is not the villain it is made out to be

Sustainable fashion: Leather is not the villain it is made out to be

Leather and sustainability appear to be opposites only if one’s view is skin-deep. (Image: Aranyani) By Aravind Balasubramanya,  Festivals such as Ganesh Chaturthi are around the corner. And around the corner from there are Eid and Diwali. What better excuse than the festive season to let out the shopper in you and enjoy some pandemic-free … Read more