PTI
E-Commerce
Dukaan lays off 90% staff for AI bot, attributes decision to focus on profitability
PTI -
Dukaan says customer support costs reduced by 85% while resolution time went down from over two hours to three minutesNew Delhi: E-commerce startup Dukaan...
FMCG
ITC’s FMCG biz records 21% rise in annual consumer spend at Rs 29,000 crore in FY23
PTI -
In terms of distribution reach, ITC's products reached 230 million households in FY23, up from over 200 million households in FY22New Delhi: Diversified conglomerate...
Big Grid
Cinema industry welcomes lowering GST rates to 5% on food served in movie theatres
PTI -
The Goods and Services Tax (GST) Council, headed by the Union finance minister and comprising of representatives of all states and UTs, on Tuesday...
E-Commerce
SmartDukaan raises $10 million in funding round
PTI -
The funding round of SmartDukaan was led by Findoc Finvest and other participants were Leafberry Ads and angel investors
New Delhi: Smartphone retail tech platform...
Fashion & Lifestyle
Future Lifestyle Insolvency: Claims worth Rs 3,477 crore admitted from financial creditors
PTI -
Catalyst Trusteeship Ltd has emerged as the lead financial creditor with Rs 600.40 crore, having a 17.4 per cent voting share in the Committee...
Finance and Funding
Reliance Retail to reduce share capital, to pay Rs 1,362 per share
PTI -
This capital reduction plan will make Reliance Retail a 100% subsidiary of Reliance Retail Ventures LimitedNew Delhi:Â Country's leading retailer Reliance Retail on Friday said...
E-Commerce
Handicrafts body CCIC now on ONDC
PTI -
The corporation's collaboration with ONDC signifies CCIC's commitment to expanding its market presence and being accessible to buyersNew Delhi: The Central Cottage Industries Corporation...
Home Decor & Furnishing
Roca India open to acquisitions, plans Rs 200 cr capex in 2023
PTI -
Roca India enjoys about 35 per cent market share in the bathroom products segment in the countryKolkata: Sanitaryware major Roca India is looking at...
Finance & Funding
Investment in Indian startups in H1 2023 lowest in last four years: PwC India
PTI -
Investments fell by 36 per cent in January-June to $3.8 billion, as investors are taking longer time in due diligence of every aspect of...
E-Commerce
GST Council to clarify on TCS liability of e-commerce suppliers on ONDC
PTI -
Under the GST law, every e-commerce operator is required to collect TCS at the rate of 1 per cent of the taxable value of...
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Indian consumers prefer ‘offers’ faster online than offline: Report
The research reveals that online buyers are more price sensitive and avail more offers compared to offline buyersBengaluru: As...