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Tag: centre

Duroflex launches their latest Experiential Centre in Bengaluru

Duroflex, India’s leading sleep solutions company, has opened their latest Experiential Centre in Bengaluru, offering an immersive shopping experience for people looking for a healthy and high-quality sleep experience from a trusted brand along with a safe and hygienic shopping environment. Located in the upscale residential area of Varthur in Whitefield, home to IT professionals …

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HC seeks Centre’s stand, Retail News, ET Retail

The Delhi High Court on Wednesday sought response of the Centre on a plea seeking directions to it to ensure that the name of the manufacturing country is displayed on products being sold on e-commerce sites. A bench of Chief Justice D N Patel and Justice Prateek Jalan issued notice to the Centre and e-commerce …

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Shopping centre owner Intu collapses into administration | Business

Intu Properties has collapsed into administration after the heavily indebted shopping centre owner failed to secure an agreement with its creditors. The company, whose centres include Lakeside in Essex, the Trafford Centre in Manchester and Gateshead’s Metrocentre, has debts of more than £4.5bn and was unable to persuade lenders to grant a standstill on debt …

Shopping centre owner Intu collapses into administration | BusinessRead More

Centre asks states to exempt e-tailers, wholesalers from prohibitory orders, Retail News, ET Retail

NEW DELHI: The Centre on Friday asked states to allow e-tailers, wholesalers and delivery partners to operate even where Section 144 been imposed amid the coronavirus outbreak. An order in this regard was issued by the union consumer affairs ministry after discussing the matter in detail in an inter-ministerial meeting held here. Several state governments …

Centre asks states to exempt e-tailers, wholesalers from prohibitory orders, Retail News, ET RetailRead More

Covid-19: The effect on the shopping centre industry & what it’s doing to curb the impact

Pursuant to declaration of Covid-19 as a ‘pandemic’ by the World Health Organisation (WHO), Government of India (GOI) has invoked the provisions of Section 2 of the Epidemic Disease Act, 1897 in order to curb its spread. Further, as a precautionary measure, as required to arrest the spread, various state governments have ordered complete shut-down …

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Multiplexes to seek relief from Centre

Battered by the coronavirus outbreak in the country, the multiplex industry in India is expected to approach the Centre for a relief package, including deferment of certain taxes. At present, the sector is one of the worst hit by the coronavirus (Covid-19) pandemic. While footfalls had started to recede from February-end due to the lean …

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Apparel exporters seek Centre’s support amid corona crisis

The Apparel Export Promotion Council (AEPC) on Tuesday wrote to Finance Minister Nirmala Sitharaman requesting her immediate intervention to maintain the viability of the country’s apparel exporters due to the uncertainty in the global markets. In the letter, AEPC Chairman A. Sakthivel said: “Recognizing the volatilities in the global apparel markets and order postponements/ cancellations, …

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Coronavirus Impact: Multiplexes to seek relief from Centre

Battered by the coronavirus outbreak in the country, the multiplex industry in India is expected to approach the Centre for a relief package, including deferment of certain taxes. At present, the sector is one of the worst hit by the coronavirus (Covid-19) pandemic. While footfalls had started to recede from February-end due to the lean …

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Multimodal 2020: Sustainability in supply chains takes centre stage

Sustainability issues within global supply chains will take centre stage at Multimodal 2020, the UK, Ireland, and Northern European freight transport, logistics and supply chain management event, which is set to take place for the 13th year running at the NEC in June. Commenting on the radical new approach to the event’s seminar programme, Rob …

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Struggling shopping centre owner Intu abandons £1bn cash call | Business

Intu Properties, the owner of the Trafford Centre in Manchester and Lakeside in Essex, has been forced to pull an emergency cash call after admitting “extreme” market conditions had left it unable to raise its minimum target of £1.3bn from jittery investors. The failure to secure the funding means Intu, which is struggling under a …

Struggling shopping centre owner Intu abandons £1bn cash call | BusinessRead More