
William Bissell The Man: The MD of Fabindia transformed the export-focussed textile company that his expat father founded into a big domestic brand, and changed the way the upwardly mobile Indian male dressed during functions and festivals. Fabindia has now hit the accelerator with private equity funding. He says we need to examine our assumptions of how narrowly we want to define performance. The Oeuvre: Started artisans co-operative in Rajasthan...

12:55 PM, May 25, 2012

Mumbai: L Capital, the private equity arm of LVMH, the world's biggest luxury goods group, has bought the 8 percent stake held by Wolfensohn Capital Partners in unlisted Indian ethnic wear chain Fabindia, two sources with direct knowledge of the matter said. The valuations and terms of the agreement were not immediately available. Media reports have valued Fabindia at about 14 billion rupees. "The deal is done. A formal announcement...

08:39 PM, Feb 17, 2012

Hong Kong: L Capital Asia, the private equity arm of the world's biggest luxury goods group LVMH Mot Hennessy Louis Vuitton SA, could begin raising a new fund of more than $1 billion this year, as competition from Western brands creates opportunities to invest in Chinese retailers, its top executive said. "The reason we want to do a larger fund next time is primarily because opportunities in the segment are...

02:12 PM, Feb 17, 2012

In 1993, while holidaying in Australia, William Bissell once ran into an experienced surfer who shared an invaluable lesson with the 27-year-old. Dont just surf the course, but keep a constant watch on where the next wave is coming from, he advised him. Bissell, 45, hasnt forgotten that incident. Over the next few months, Bissells balancing act will be tested as he prepares to navigate the next wave thats about...

12:31 PM, Nov 03, 2011

New Delhi: Fabindia, the flagship store for Indian handloom textiles and apparel, has empowered its nearly 700 employees by giving them a stake in the company on its 50th birthday in 2010, the firm's managing director William Nanda Bissell said. "We have made nearly 700 employees shareholders of the company this year. We felt that it went with the beliefs of the company. As stakeholders, they have developed a sense...

10:26 AM, Jan 03, 2011

CNN-IBN's aviation expert says airport had been designed for tough times. ...

03:27 AM, Aug 22, 2009

Consent came after nurses protested against a ban on traditional symbols. ...

08:19 PM, Aug 30, 2008

Karachi: Former Pakistan captain Younis Khan has urged the media and the former players to refrain from criticising the youngsters unnecessarily, saying it severely dents their confidence. Younis, who is leading Abbotabad Falcons in the ongoing National T20 Championship, is not pleased with critical comments made by the commentators and media on the performance of some players in the ongoing competition. Younis' team has a number of young players and...

04:42 PM, Mar 04, 2008

Tickets, firefighting issues and empty matches for non India matches still continue to be problems that have to be dealt with. ...

04:10 PM, Dec 19, 2007

Bindi Irwin, the eight-year-old daughter of the late Crocodile Hunter Steve Irwin, followed in her dad's foosteps. ...

04:05 PM, Jan 12, 2007

Bindi Irwin, the eight-year-old daughter of the late "Crocodile Hunter" Steve Irwin, will star in a wildlife series ...

08:52 AM, Oct 17, 2006