Fabindia

Estimated turnover of Organic India for FY24 is approximately Rs 360 crore to Rs 370 crore.

Tata Consumer leads race to buy controlling stake In Fabindia-backed Organic India 

Organic India works with thousands of small family farmers and is present in categories such as teas and infusions, herbal supplements , staples and packaged foods and personal care

Restaurant review | Delhi’s new Jamie Oliver Kitchen Café, a partnership with Fabindia, offers freshly-cooked, seasonal produce

The café has a mini-library showcasing a galaxy of titles by the British celebrity chef Jamie Oliver. The first three outposts are tucked inside the retail giant’s stores in Gurugram, Vasant Kunj and Noida.

Fabindia appoints former Tata Group executive Rajeshwari Srinivasan as CEO

Srinivasan will succeed Vinay Singh, who led the company as MD and CEO for seven years. Singh will continue as a non-executive director on the Fabindia board.

Fabindia scraps $482 million IPO amid uncertain market conditions

The 62-year-old company, popular for its sustainable and traditional Indian wear, said it may consider going public in the future and that several global ESG-focused funds had expressed an interest to invest.

Morning Scan: All the big stories to get you started for the day

A round-up of the top stories from newspapers.

IPOs to watch out for in 2023: Swiggy, Fabindia & OYO may check in to Dalal Street

After a dramatic slowdown in activity, there is a lot of buzz on the street once again because the IPO season is back. From Bikaji & Sula to DCX Systems, most IPOs in 2022 saw strong interest from investors. As we enter the new year, let’s have look at the key IPOs that investors should watch out for in 2023.

28 companies secure Sebi's clearance to float IPOs worth Rs 45,000 crore in Apr-Jul FY23

The firms are yet to announce the launch date of their IPOs and are waiting for the right time to float their issues as current market conditions are challenging, merchant bankers said.

FabIndia, Aether Industries, Syrma SGS among 8 IPOs cleared by Sebi; Inox Green withdraws draft papers

A total of 59 companies have so far received approval from Sebi and are ready to launch IPOs.

Diwali ads, watch out! Trolls are on the prowl

Sometimes in their eagerness to ‘sell, sell, sell’, companies end up burning their own fingers. Saying the wrong thing can overwrite that painfully cultivated caring vibe.

FabIndia Says “Jashn-E-Riwaaz” Not Its Diwali Collection, Deletes Tweet Amid Boycott Calls

Some users had complained that the brand was ‘de-hinduising’ Diwali. Others protested asking how naming a dress collection in Urdu lessened the spirit of Diwali.

Fabindia considers raising up to $1 bn via IPO, in talks with investment banks

Infosys co-founder Nandan Nilekani and his wife Rohini Nilekani are shareholders of the company.

Fabindia, Hidesign open a joint store in Chennai

The store is located at Pondy Bazaar, T Nagar, which is part of smart city project and one of the principal shopping districts of Chennai.

The WFH attire debate: Kurta pajama vs t-shirt and shorts

WFH could have been the big moment for men’s ethnic wear in India. It was already a healthy, Rs 10,000 crore approx business. But, ethnic wear was also occasion wear for most Indian men.

Fabindia appoints Aditya Ghosh on it’s board of directors

Ghosh will be guiding the management teams with strategy and new initiatives

Fabindia may pump Rs 90-100 cr in expansion, thrust on omnichannel strategy

Fabindia Experience Center is a relatively new format, which are large stores to showcase maximum products categories under a single roof.

War over Khadi is far from over, as KVIC and Fabindia differ on finer details

So far, KVIC has provided Khadi Mark Certificate to 2,238 entities and issued legal notices to 222 organizations in the last three years

Fabindia gives undertaking to Bombay HC that it will not use khadi tag

Khadi and Village Industries Commission under the Ministry of Micro, Small & Medium Enterprises had sent a legal notice to Fabindia in February, asking it to refrain from using the Khadi tag for their apparel line which did not meet the required criteria to be categorised as khadi.

Are Fabindia products made of khadi? A look into the legal storm that’s been brewing

Fabindia had ignored a government-owned khadi promotion agency's non-khadi products issue notice for two years

Fabindia removing 'Khadi' brand name from its products

Khadi & Village Industries Commission (KVIC) had sent a legal notice to Fabindia Overseas Pvt Ltd, a chain of ethnic wear retail outlet, asking it to immediately stop using the word Khadi from all its cotton products and remove display banners from its showrooms.

Fabindia top officials shouldn't be harassed: Digvijay

Crime branch had arrested four employees in this connection, who were granted bail by the court on Saturday.

What will change everything in near future? Experts speak

The second Forbes India Leadership Awards rewarded and recognised India's top leaders at a glittering ceremony at the Oberoi in Mumbai.

William Bissell: Turning Fabindia's artisans to owners

William Bissell wants to make shareholders out of Fabindia�s artisans. But, can he convince all of them?

Fabindia Selects Microsoft SQL Server To Boost Efficiency

Fabindia deployed Microsoft SQL Server to gain a powerful and highly available data-processing foundation, easy-to-use business intelligence tools, and scalability into cloud environments.

Ravi Thakran: L Cap is focused on the layers below luxury

Ravi Thakran, from LVMH's private equity fund, L Capital, tells Forbes India that he is applying his knowledge from building luxury brands to other aspirational products.