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India’s retail sector to more than double to $2 trillion in next decade: Report

Stores expansions continue to happen and with increasing urbanisation, there is more consumption expected to happen in tier 1-4 citiesNew Delhi: India's retail sector...

Multiplexes’ revenue growth to dip to 15% in FY25; OTTs crimping profit margins

The operating profit will grow by 4% points to 14% in FY24 on the rising revenues and will widen further to 15% in FY25New...

India’s super rich put 17% of investable wealth in luxury items: Report

Among Indian UHNWIs, luxury watches are the most coveted investment category, followed by art and jewelleryNew Delhi: The Indian ultra-rich allocate 17% of their...

SC observations on ads by promoter group won’t affect business operations: Patanjali Foods

Out of 73.82 per cent promoter stake, Patanjali Ayurved has 32.37 per cent stakeNew Delhi: Patanjali Foods, which is part of Baba Ramdev-led Patanjali...

Working on sustainability practices to enhance competitiveness of apparel exporters: AEPC

Apparel Export Promotion Council (AEPC) Chairman Sudhir Sekhri said the mantra given by Prime Minister Narendra Modi to boost textiles exports through 5F -...

MobiKwik introduces Pocket UPI to facilitate payments without linking bank account

Pocket UPI allows users to make UPI payments through MobiKwik Wallet without linking their bank accountNew Delhi: MobiKwik has announced a new feature on...

Bharti Realty to build 17 million sq. ft. of office, retail space in Delhi

The company has started construction of 6.5 million sq. ft. of commercial space, of which 3.5 million sq. ft. would be Grade-A office space...

Godrej Appliances expects 20% growth in AC, refrigerator sales in summer season

The city-based company is the fifth largest air conditioner brand with 0.7 million units in sales and the fifth when it comes to refrigerators...

Khadim India distribution business demerger by September, margin to improve by 100-200 bps

Khadim India had earlier announced the decision to segregate its distribution business and manufacturing activities into KSR Footwear Ltd (KFL)New Delhi: Leading footwear company...

Quick service restaurants’ revenue, margin under severe stress; recovery seems distant: Report

The rising popularity of food aggregators has hurt dine-in sales of quick service restaurants (QSR) and has also fragmented delivery salesMumbai: With the exponential...

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Reliance Retail Q1 profit rises 4.6 % to Rs 2,549 crore

The retail behemoth also recorded 18.87% increase in number of footfalls at its stores at 296 million in the...