Retail industry veteran Kishore Biyani’s nephew Vivek Biyani announced a new venture on Thursday, named ‘Broadway’. This initiative will feature physical stores selling over 100 direct-to-consumer brands.

Vivek Biyani has partnered with actor Rana Daggubati, Apurva Salarpuria of the Salarpuria Group, and Anuj Kejriwal of realty broker Anarock for this venture.

Mahindra Finance to Distribute Tata AIG Non-Life Insurance

Mahindra Finance will now distribute Tata AIG’s general insurance covers through a strategic partnership. This collaboration aims to reach over 1 crore customers of Mahindra Finance.

Nomura Appoints Jwalant Nanavati as Head of Investment Banking for Asia

Nomura announced on Thursday that Jwalant Nanavati has been appointed as the head of investment banking for Asia, excluding Japan. He will also continue his role as head of Southeast Asia with additional responsibility for East Asia.