Business News

Haryana CM Nayab Singh Saini Assures Traders, Industry Leaders Of Support; Highlights Investment Push

Haryana CM Nayab Singh Saini Assures Traders, Industry Leaders Of Support; Highlights Investment Push

Chandigarh (Balwinder Singh): Haryana Chief Minister Nayab Singh Saini has assured traders and industrialists that his government is committed to addressing their concerns and creating a business-friendly environment to encourage investment, industrial expansion and employment generation. Saini received a welcome from representatives of the District Trade Board and the Jalandhar Chamber of Industries and Commerce during his visit to Jalandhar on Sunday. The interaction provided an opportunity for representatives of the business and industrial sectors to discuss their concerns and engage with the Chief Minister. Saini said resolving issues faced by traders and industrialists remained among the government’s priorities. He…
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Haryana Signs Rs 4,000 Crore LoIs During Nayab Singh Saini’s Sweden Visit, Eyes Jobs And Investment

Haryana Signs Rs 4,000 Crore LoIs During Nayab Singh Saini’s Sweden Visit, Eyes Jobs And Investment

Chandigarh (Balwinder Singh): Haryana has signed Letters of Intent (LoIs) worth Rs 4,000 crore with Swedish companies during Chief Minister Nayab Singh Saini’s visit to Sweden, with the proposed investments expected to support industrial development, retail expansion, warehousing infrastructure and employment generation. The announcement was made on October 16, 2026, as the state seeks to strengthen its economic ties with Sweden. The agreements include an LoI worth Rs 3,000 crore linked to the government’s vision of a strong and self-reliant India, along with proposals worth Rs 1,000 crore in the retail and warehousing sectors. Haryana Urban Local Bodies Minister Vipul…
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Tress Lounge Terminates Canadian Franchise Deal, Calgary Franchisee Alleges $400,000 Dispute

Tress Lounge Terminates Canadian Franchise Deal, Calgary Franchisee Alleges $400,000 Dispute

CALGARY ( Rajeev Sharma): Tress Lounge has terminated its Master Franchise Agreement with CORPWELL MAGNUM CAPITAL INC., effective March 14, 2026, and says the company and individuals associated with it are no longer authorized to represent Tress Lounge, sell its franchises or enter into agreements on its behalf in Canada. The notice names CORPWELL MAGNUM CAPITAL INC., 17835558 Canada Inc. (operating as Tress Lounge Canada), Kamalpreet Khaira and Chris Gill, also known as “Kricpy Khera,” along with their respective representatives and affiliates. The development has also prompted concerns from Dheeraj Chadha, a Calgary-based Tress Lounge franchisee involved in opening a…
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