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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Manish and Akshika Poddar are trying to replicate their menswear brand Rare Rabbit’s success across other fashion categories. But it’s a crowded market and profit margins are thin.
Radhamani Textiles, the Bengaluru-based company behind the popular menswear brand Rare Rabbit, has set itself a daunting task: it wants to sell everything. Under its multibrand label, The House of Rare, it has been rolling out one category after another: women’s western wear, kidswear, footwear, and, most recently, men’s sleepwear and innerwear. Many companies spend their entire lifespan sticking to just one category. The House of Rare is an outlier in that sense.
“The bigger vision has always been to build a house of brands and a lifestyle business, not just a menswear brand,” says Akshika Poddar, co-founder of The …
The acquisition of IDBI Bank puts his Fairfax smack dab in the middle of the RBI’s rules on bank ownership. It must now decide whether to sell CSB Bank or merge the two lenders, neither of which will be easy.
Once seen as a threat, global capability centres appear to be becoming a potential growth driver for the country’s IT giants.
Lenders stand to gain a lot more than borrowers in the current challenging market environment
