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FMCG industry continues to see slowdown; sales volume falls in rural mkts in Sept quarter: Report

The FMCG industry witnessed an overall volume decline of 0.9 per cent in the September quarter in comparison to the preceding three monthsNew Delhi: The...

Kalyan Jewellers India Q2 PAT up 54.02 pc at Rs 105.92 cr

Revenue from operations of the company grew by 20.22 per cent during the quarter under review to Rs 3,472.91 crore, compared to Rs 2,888.69...

Flipkart burns over USD 3.7 billion cash in about a year till Sep 2022

In July 2021, Flipkart announced raising USD 3.6 billion. In August 2021, the firm invested USD 1.42 billion in various arms just ahead of...

HUL and GSK Consumer to terminate distribution agreement for OTC products

The agreement was for brands such as Crocin, Eno, Iodex, Ostocalcium, Otrivin, and Sensodyne. The one-year notice period for termination shall commenced from November...

Marks & Spencer India to speed up expansion amid global headwinds

The company has plans to open one store a month in India and will focus on strengthening the home category, launched recently, which includes...

Snowman Logistics reports Rs 2.67 crore profit in Sep qtr

During the quarter, revenue grew 55 per cent to Rs 108.62 crore compared to Rs 70.07 crore in the year-ago period; EBITDA increased 27 per...

TVS Motor, Amazon India join hands to boost electric mobility

A fleet of electric two-wheelers and three-wheelers from TVS Motor will be deployed for Amazon’s last-mile deliveries. Amazon India aims to induct 10,000 EVs...

Paytm Commerce turns operationally profitable: Analyst

Revenue from its commerce business increased 49 per cent y-o-y due to higher ticketing sales. One97 Communications, which owns the Paytm brand, has set...

Jubilant FoodWorks Q2 profit up 9.7 pc to Rs 131.5 cr; revenue up 16.6 pc to Rs 1,301.5 cr

The increase in revenue was driven by like-for-like growth of 8.4 per cent and healthy performance of new storesNew Delhi: Jubilant FoodWorks, operator of fast-food...

Bikaji Foods IPO subscribed 26.67 times on last day of offer

The Rs 881.22-crore IPO received bids for 55,04,00,900 shares against 2,06,36,790 shares on offer, as per data available with the NSENew Delhi: The initial public...

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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...