MARKET & ECONOMY​

India’s leading fashion company, Aditya Birla Fashion and Retail Limited has announced a strategic partnership with India’s largest designer brand Sabyasachi by signing a definitive agreement for acquiring 51% stake in Sabyasachi brand.

GHCL, India’s leading chemical and textile company, recently announced its financial results for Q3 FY21. The company’s performance was encouraging with 26 per cent profitability (PBT) growth Y-o-Y basis and 41 per cent profitability (PBT) growth Q-o-Q basis.