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Flipkart losses widened to over Rs 7,800 crore in FY22

The loss is based on performance of its business-to-business unit Flipkart India and B2C e-commerce unit Flipkart Internet, according to regulatory filingsNew Delhi: E-commerce major...

Reliance set to acquire METRO Cash & Carry India for 500 million euros

This is going to help Reliance Retail, the country’s largest retailer, expand its presence in the B2B segmentNew Delhi: Reliance Industries is set to...

Britannia Industries Q2 net profit rises 28.5 pc to Rs 490.58 cr; income up 21 pc to Rs 4,380 cr

Its total revenue from operations climbed 21.40 per cent to Rs 4,379.61 crore from Rs 3,607.37 crore in Q2 FY22. This is the company’s...

FMCG makers expect margins improvement and comeback of rural sales from Q3 as inflation eases

In the September quarter, FMCG companies reported a price-led growth in their top line. While in some segments, FMCG makers such as Britannia, Dabur...

Starbucks co-founder Zev Siegl enjoys filter coffee in Bengaluru’s heritage restaurant

Has masale dosa and filter coffee at Vidyarthi Bhavan in Bengaluru. Says “will take back this wonderful experience to Seattle”Bengaluru: Starbucks co-founder Zev Siegl enjoyed...

Go Fashion (India) reports Q2 Profit After Tax at Rs 19.3 cr

EBITDA grew by 250 per cent to Rs 102 crore and PAT stood at Rs 44 crore (for the half year ending September 30,...

Marico Q2 net profit falls to Rs 307 crore, revenue up at Rs 2,115 crore

Marico reasons that the profit was down mainly due to losses on translation of foreign currency receivables and higher Effective Tax Rate (ETR)New Delhi: FMCG...

Reliance Retail plans to enter into salon business; acquire stake in Naturals

New Delhi: The country’s largest retailer Reliance Retail is planning to enter the salon business by acquiring a 49 per cent stake in Chennai-based...

Devyani International’s Q2 profit up 22 pc to Rs 56.83 crore

New Delhi: Quick service restaurant operator Devyani International Ltd on Thursday reported a 22 per cent rise in consolidated net profit at Rs 56.83 crore...

Raymond Q2 net profit jumps over two-fold to Rs 162 cr

New Delhi, Nov 3 (PTI) Diversified group Raymond Ltd on Thursday reported over a two-fold jump in its consolidated net profit to Rs 161.95 crore...

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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...