Mangesh Ghogre quit his plum job as executive director and head of equity capital markets at Nomura India to move to the US on the EB-1 programme or “Einstein visa”.
“I am a fan of both Star Wars and Star Trek, so it’s nice to be able to highlight both (not to mention the friendly rivalry between the two fandoms) in one puzzle,” wrote puzzle constructor Stephen McCarthy.
It remains to be seen if the word puzzle’s popularity will rise or decline after its recent acquisition by the New York Times. Crosswords, however, seem set to endure.
The company, which operates retail chains such as Shoppers Stop, HomeStop, Crossword, Mothercare and Hypercity had posted a net profit of Rs 13.77 crore in October-December quarter a year-ago.
It is also learnt that the operator of large format department stores has also entered into a strategic partnership with Bennett Coleman & Co (BCCL) for the brand Femina to foray into consumer products space.
Revenue was in-line with expectations. Total income in Q1 was up 16.2 percent at Rs 711 crore against Rs 612 crore on annual basis. Analysts polled by CNBC-TV18 estimated Q1 revenue at Rs 710 crore.
"We plan to invest approximately Rs 60 crore in our omni-channel efforts over the next three years, and target 15 percent revenues through the digital medium by 2020," Shoppers Stop Managing Director Govind Shrikhande said.
The mega advertising blitz and discount sales led by online retailers coupled with the shifting of Durga pooja [which normally takes place in the third quarter] to the second impacted department store sales for Shoppers Stop, MD Govind Shrikhande told CNBC-TV18‘s Latha Venkatesh and Reema Tendulkar in an interview.
It is important to have such festivals around the country because it gives everyone access to such events
Retailer Shoppers Stop will reduce the store size of its Crossword bookstore chain and now focus more on stationery and toys as sale of books and music and movie cds and dvds slows. It will also review its non-profitable stores.
Department store operator Shoppers Stop swung to a consolidated net loss of Rs 1.52 crore in the first quarter, compared with a net profit of Rs 9.29 crore in the year ago quarter due to a sharp rise in total expenses.
The students of IIM Lucknow call their campus hell because of the grueling two year regime.
At Crossword book store in Mumbai, a launch of new book and that ties in well with the theme and that is the booming business in women fiction.