Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
TCC Concept To Acquire Pepperfry For INR 662 Cr By Year-End
TCC Concept Ltd. announced plans to acquire a 98.98% stake in Pepperfry for ₹662 crore through a share-swap deal. The acquisition reflects consolidation in India’s e-commerce market amid financial strain on online platforms. The article discusses valuation, strategic integration, Pepperfry’s declining turnover, and TCC’s plan to leverage Pepperfry’s brand and distribution network to expand in retail furniture.