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Business Line

Arvind Fashions betting big on scaling up US Polo Assn

India is the fastest growing global market for the lifestyle casual brand and is close to ₹2,000 crore brand for Arvind Fashions

The Economic Times

PM Modi meets top tech CEOs Jensen Huang, Sundar Pichai, others in the US

The 15 technology CEOs who attended the roundtable included Julie Sweet, CEO, Accenture; Shantanu Narayen, CEO, Adobe; Lisa Su, CEO, AMD; Arvind Krishna, CEO, IBM and Jensen Huang, CEO, Nvidia among others. The tech-roundtable focused on artificial intelligence (AI) and quantum; biotechnology and life sciences; computing, IT and communication; and semiconductor technologies, as per a statement from the Ministry of External Affairs.

CNBC TV18

How US Fed rate cut affects global equity markets and commodities--experts weigh in

Marc Giannoni, Chief US Economist at Barclays and Arvind Sanger, Managing Partner of Geosphere Capital Management, share their view on the rate cut by the US Federal Reserve and the way ahead.

Business Standard

Kejriwal holds meeting with AAP's PAC members to elect next Delhi CM

AAP convener Arvind Kejriwal on Monday held "one on one" meeting with party leaders during the Political Affairs Committee over the name of a new Delhi chief minister. Aam Aadmi Party (AAP) leader Saurabh Bharadwaj said the Political Affairs Committee (PAC) meeting was held at Kejriwal's official residence here. "During the meeting, he (Kejriwal) sought one on one feedback from each leader on his replacement. Tomorrow, the legislative party meeting is there and this discussion will go into the second round," Bharadwaj told reporters after the meeting. Kejriwal, who on Sunday announced his decision to step down from the post of Delhi chief minister, took individual feedbacks by holding one to one meeting with the PAC members and ministers of Delhi government during the meeting, Bharadwaj said. The MLAs of AAP will meet at Kejriwal's residence at 11.30 am on Tuesday to discuss the name of a consensus candidate to succeed him as the Delhi chief minister. Days after being released fro

The Economic Times

Arvind Sanger on why India may not benefit even if Fed cut rates by 100 bps between now & December

Arvind Sanger, Founder of Geosphere Capital Management, discusses the impact of the potential US rate cuts on emerging markets. He notes that while India has a strong growth story, its stretched valuations may limit its benefit compared to other undervalued markets. The Fed's upcoming decisions are crucial for market dynamics.

Business Standard

Interarch Building Products Q1FY25: Net profit rises 5% to Rs 20.3 cr

Interarch Building Products Ltd has reported a 5 per cent increase in consolidated net profit at Rs 20.3 crore for the quarter ended June. Its net profit stood at Rs 19.4 crore in the year-ago period. Net revenue rose 3 per cent to Rs 303.4 crore in April-June period of this fiscal from Rs 293.7 crore in the corresponding period of the previous year, the company said in a statement on Thursday. Arvind Nanda, Managing Director, Interarch Building Products Ltd, said the order book as at end of August 24 stands at Rs 1,350 crore. "We have successfully inaugurated our 5th state-of-the-art PEB (Pre-Engineered Building) manufacturing plant in Athivaram, Andhra Pradesh. This marks the company's 4th fully integrated unit, designed to enhance production capabilities significantly," he said. The new plant, set to increase installed capacity by 60,000 tonne per annum over two phases, will raise the company's overall installed capacity to 2 lakh tonne per annum, Nanda said. "We expect to mai

Business Standard

SC grants bail to Delhi CM Arvind Kejriwal in corruption case

The verdict was pronounced by a two-judge Bench consisting of Justice Surya Kant and Justice Ujjal Bhuyan. The ruling came in response to petitions filed by Kejriwal challenging his arrest and seeking bail in the CBI case. This development comes amidst a series of legal challenges faced by the Aam Aadmi Party (AAP) leader. On Wednesday, a Delhi court extended Kejriwal's judicial custody until September 25th in connection with the liquor policy scam. The Enforcement Directorate (ED) had arrested Kejriwal on March 21st this year in a related money laundering case, and on June 26th, the CBI formally arrested him in the corruption case linked to the alleged scam.

The Economic Times

Goldman Sachs buys over 13 lakh shares worth Rs 75 crore in Arvind Fashions via block deal

Goldman Sachs acquired 13 lakh shares of Arvind Fashions for Rs 75.35 crore in a block deal at Rs 574.73 per share, a slight discount. The stock closed at Rs 583.95, gaining 0.73%. Arvind Fashions has outperformed the Nifty, delivering a 75% return over the past year.

Business Standard

ED surveys Ramprastha Group premises in money laundering case in Gurugram

The Enforcement Directorate conducted searches at multiple locations of real estate company Ramprastha Group in Gurugram on Wednesday as part of a money laundering investigation linked to alleged cheating with home buyers, official sources said. The ED case stems from a clutch of FIRs filed by the local police against the company by "disgruntled homebuyers for non-fulfilment of the promise of handing over the (housing) projects to them", the sources said. The projects include Ramprastha Rise, Ramprastha City and Ramprastha SKYZ located in Gurugram, Haryana. There was no response to phone calls made by PTI to the company. ED sources said some promoters of the group like Balwant Chaudhary, Arvind Walia and Sandeep Yadav have been called for questioning but they are yet to join the investigation. The company said on its website that it holds a large land bank in Gurugram with a combined development potential of over 80 million sq. ft. "We have successfully sold 8000 dwelling units i

Business Standard

ED arrests Amtek's Arvind Dham in Rs 25,000 crore bank 'fraud' case

The move follows searches conducted by the agency last month at around 35 locations in Delhi-NCR, Mumbai, and Nagpur as part of its money laundering probe