BCCL news and archive

BCCL inks Rs 32.5 cr investment deal with V2 Retail

Four years after making an exit from the debt-ridden Vishal Retail, media company Bennett, Coleman & Co (BCCL) has again decided to invest Rs 32.5 crores in Delhi-based retail chain operator V2 Retail (formerly known as Vishal Retail). The retail company will issued one convertible warrant at a price of Rs 32.5 crores on a preferential allotment...

Apparel

Bennett Coleman buys stake in Daiki

Bennett, Coleman & Co (BCCL), the publisher of The Times of India and The Economic Times, has bought a 49 percent stake in Mumbai-based underwear maker Daiki Brands. The BCCL investment is in the form of advertisement capital. BCCL is known for its ad-for-equity deals, or private treaties, with companies. Launched in 2004, these treaties...

Apparel

BCCL increases stake in Pantaloon Retail

After Aditya Birla Nuvo’s announcement to invest Rs 1,600 crores in Pantaloon and acquire a majority stake in the store chain now it’s Bennett, Coleman & Co Ltd (BCCL) which has increased its stake in the Future Group firm. They have purchased 8,163,265 additional equity shares representing a 3.79 per cent increase in its stake to total of 5.83...