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Walmart pays most of tax bill arising from shifting of PhonePe headquarters to India

Walmart Inc and other PhonePe shareholders faced nearly USD 1 billion as capital gains tax after the digital payments company shifted its headquarters to...

Godrej Consumer Products expects double-digit domestic sales growth in Dec quarter

Godrej Consumer Products Ltd said the sector witnessed "slow growth driven by poor rural consumption" and a slowdown post the festive seasonNew Delhi: FMCG major...

Reliance to acquire 50% stake in Sosyo Hajoori Beverages

Reliance Consumer Products Ltd (RCPL) will acquire a 50 per cent stake in Gujarat-based carbonated soft drinks (CSD) and juices maker Sosyo Hajoori Beverages...

Delhiites guzzle over 1 crore liquor bottles worth Rs 218 crore from Dec 24-31

Official figures showed December 2022 recorded an average sale of 13.8 lakh liquor bottles in Delhi, the best year-end sale in the last three...

Zomato stock declines 5 pc in morning trade

Zomato's co-founder and CTO resigns, stock declines by 4.31 per cent to Rs 57.65 on the BSE New Delhi: Shares of online food delivery platform...

Zomato Co-founder, CTO Gunjan Patidar resigns

Gunjan Patidar was one of the first few employees of Zomato and built the core tech systems for the companyNew Delhi: Online food delivery...

China COVID crisis: Worried over supply chain disruptions, consumer durable makers stocking up on inventories

Due to the increasing COVID cases in China, consumer durable makers are stocking up on raw materials to deal with contingenciesNew Delhi: Worried over soaring...

Retail industry: Consolidation wave likely to continue in 2023 amid Covid clouds

While the growth prospects are promising, the industry is entering 2023 with "cautious optimism" amid inflationary headwinds and concerns over a spurt in coronavirus...

India-Australia FTA to provide ‘big relief’ to Indian textile exporters: CITI

Under the pact, Australia is offering zero-duty access to India for about 96.4 per cent of exports (by value) from day oneNew Delhi: The...

Mamaearth parent Honasa Consumer files IPO papers

The offer also includes a reservation of up to Rs 10 crore for subscriptions by eligible employees New Delhi: Honasa Consumer Ltd, which owns new-age...

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Fresh commerce platform Handpickd aims to launch 30 new micro markets in 2025

The micro markets will be located within Gurgaon and Delhi NCRBengaluru: Handpickd, India’s first direct-to-consumer (D2C) match-making platform for...

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