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Kishore Biyani steps down as chairman of Future Retail

Future Retail is facing CIRP (Corporate Insolvency Resolution Process) as a "result of unfortunate business situation", says BiyaniNew Delhi: Kishore Biyani has stepped down from...

Textile maker Arvind Ltd profit declines 11.62 % to Rs 87 crore in Oct-Dec

Overall textile revenues were lower as volumes were lower especially in Denim segment, the price realisations started to trend down since Q2 New Delhi: Textile...

Croma infiniti-Retail to take up rapid expansion in next FY

The company recently launched its 300th store in Chennai, Croma has been expanding its footprint in Tier II and III towns  Chennai: Tata Group-owned Infiniti Retail...

Colgate-Palmolive Q3 net profit dips 4 pc to Rs 243 crore

The company's net profit for the third quarter of 2022 declined by 4 percent compared to the net profit of Rs 252 crore in...

Amazon launches Amazon Air

Amazon is the first e-commerce company in India to launch a dedicated air cargo networkHyderabad: Amazon India on Monday launched Amazon Air in the...

Karta Ceremony, a unique community-based HR tool used by Reliance Retail to welcome store leaders

Under the karta ceremony, before joining a store, an executive is blindfolded and placed on a special chair in front of all store employees,...

Textile entrepreneurs hope for better stability with reduction in freight charges, cotton prices

Around 120 managing directors of spinning mills discussed various issues including cotton prices and freight ratesCoimbatore: Textile entrepreneurs have discussed key issues to bring...

Reliance Retail acquires footwear retailer V Retail

According to industry sources, the acquisition was completed during the last quarterNew Delhi: Reliance Retail has acquired Telangana and Andhra Pradesh-based footwear and apparel retailer...

Reliance Retail Q3 net profit rises 6.2% to Rs 2,400 crore

Reliance Retail reported that its gross revenue, which includes the value of sales and services, rose 17.17 per cent to Rs 67,623 crore in...

Spencer’s Retail CEO Devndra Chawla resigns

Devendra Chawla has tendered his resignation from the position of CEO and Managing Director and also as a Director from the Board of the...

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Le Pain Quotidien re-enters Indian market, targets 100 outlets by 2035

The QSR chain targets a brand valuation of Rs 1,000 crore over the next decade Bengaluru: Belgian bakery and restaurant brand...