PTI
Fashion
Revival in demand a positive sign; expects growth at double of inflation in FY24: Raymond
PTI -
The diversified group expects higher growth coming from its new realty business, while its lifestyle business comprising suiting and shirting verticals, gives a push...
Consumer Durables & IT
Scorching summer to boost AC volume by 15-20% this fiscal: Report
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The Air Conditioner (AC) makers are expected to register an operating profit margin of 8.8-9.2% in FY24Mumbai: On the back of a record 26-28%...
Latest News
Paytm clocks 40% GMV growth to Rs 3.62 lakh crore in March 2023 quarter
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The company had recorded a total GMV of Rs 2.59 lakh crore a year ago in the same quarterNew Delhi: Digital financial services firm...
Beauty & Wellness
Nykaa expects over 30% growth in FY23 revenue
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The company estimated subdued growth in the fashion business, due to consumers tightening their wallets on discretionary spendingNew Delhi: Beauty and fashion firm FSN...
Big Grid
Reliance Retail ropes in former Amul MD RS Sodhi for its grocery business
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Going forward, Sodhi may also help to develop a dairy business for Reliance Retail and compete in the segment in which Amul and Mother...
Latest News
Smartr Logistics looking to raise USD 30 mn by August
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The city-based company is also eying a more-than-two-fold growth in its topline at Rs 200-250 crore this fiscal from an estimated Rs 90 crore...
E-Commerce
Amazon removes 6 million counterfeit items from supply chains
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Amazon said that it stopped over 800,000 attempts to create new selling accounts in 2022 and removed 6 million counterfeit productsNew Delhi: E-commerce major Amazon removed...
Digital
PhonePe forays into local commerce with Pincode app on ONDC network
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The Pincode app will be available initially in Bengaluru and it will expand to other cities after the app achieves transactions of around 10,000...
Food Service
Zomato ties up with Yulu to provide e-scooter for food deliveries
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Over 4,000 delivery partners as of February 2023, onboarded on Zomato's platform organically utilise Yulu's EVs to make the last-mile deliveriesMumbai: Food delivery brand...
FMCG
CCI approves Haldiram group merger plan
PTI -
The Competition Commission of India on Monday approved the proposed combination involving demerger of Haldiram Snacks and Haldiram Foods.New Delhi The Competition Commission of India...
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Latest News
Reliance Retail’s Azorte opens in Vadodara
The new store is located at Genda Circle
New Delhi:Â Azorte, a premium fashion and lifestyle store chain by Reliance Retail,...