Mumbai: Purple Style Labs Limited has approved a Rs 420 crore investment in its wholly owned subsidiary, PSL Retail Private Limited, using part of the proceeds from its public offering. The board cleared the proposal on September 15. The investment will be executed through a rights issue and alig...
Mumbai: Bollywood actor Ajay Devgn has approached the Bombay High Court challenging a Maharashtra FDA show-cause notice over his endorsement of ‘Vimal Elaichi’, with the regulator alleging that the advertisements indirectly promote banned ‘Vimal Pan Masala’ in the state. Bombay H...