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Walmart India FY22 loss widens to Rs 299 crore; revenue up 7% to Rs 5,350 crore

New Delhi: Walmart India Pvt Ltd, which operates Best Price Flipkart wholesale stores, has witnessed its loss widening to Rs 299.01 crore in FY22 despite...

After Cloudtail, Amazon now to delist its second star seller Appario from its platform

New Delhi: E-commerce company Amazon India and it’s joint venture partner Patni Group-owned Zodiac Wealth have decided to de-list online seller Appario Retail from the...

Nykaa’s Q2 net profit rises to Rs 5.19 crore

New Delhi: Beauty and fashion FSN E-Commerce Ventures, which operates under the Nykaa brand, on Tuesday posted a multi-fold increase in consolidated net profit at...

Future Enterprises defaults on principal amount of Rs 126.13 cr in Sep

New Delhi: Debt-ridden Future Enterprises has defaulted on a principal amount of Rs 126.13 crore in September, which includes payment obligation of Rs 98.35...

Bikaji Foods sets IPO price band at Rs 285-300/share

New Delhi: Manufacturer of snacks and sweets Bikaji Foods International Ltd on Monday said it has fixed a price band of Rs 285-300 a...

Amul to invest Rs 600-800 cr this fiscal on capacity expansion

GCMMF, which markets dairy products under the Amul brand, will invest Rs 600-800 crore this fiscal in setting up new milk processing plants and...

Bata India Q4 profit jumps 69 pc to Rs 88 crore

Footwear major Bata India Friday reported a 69.47 percent jump in standalone profit to Rs 88.26 crore for the fourth quarter ended March 31,...

Tablez aims to garner Rs 400 crore in revenue by 2020

Tablez, the retail arm of LuLu Group International, is aiming to double its revenue in India to Rs 400 crore by 2020.The brand retailer,...

Crocs appoints Sumit Dhingra as new GM for India

Global casual footwear brand Crocs Inc has announced appointment of Sumit Dhingra as the new General Manager for India, Sri Lanka and Nepal.In his...

Ola restructures foodpanda biz; to focus on expanding kitchens

Ola is restructuring its food delivery platform foodpanda to focus on building a portfolio of its own as well as curated food brands through...

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RBI permits UPI transactions via prepaid payment instruments using third-party apps

A PPI issuer, in its capacity as a payment system provider, should not oonboardcustomers of any bank or any...

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