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Raymond shareholders approve reappointment of Gautam Singhania as CMD

The shareholders of Raymond approved the ordinary resolution for Singhania's appointment for another five years with a 94.24% voteNew Delhi: Textiles and fabric manufacturer...

ONDC to touch 10 million transactions in June: Official

ONDC will surpass major e-commerce players like Flipkart and Amazon in futureNew Delhi: The Open Network for Digital Commerce (ONDC), which was set...

Jaipur Rugs opens store in London, plans to open two more international stores in FY25

The company, which is known for its hand-knotted rugs and carpets, would continue to expand in the domestic market by opening stores in tier...

Unleashing AI for next wave of enterprises’ productivity is a big challenge: Infosys chairman Nilekani

Unlike consumer AI which will roll out quickly, enterprise AI will take several years to unfold, he saidNew Delhi: Unlike AI uses for consumers,...

Rise in value-seeking customers, key FMCG sectors face tampering of growth: Report

A large section of customers across sectors reported that replacement purchases would be a significant driver for purchases in FY25New Delhi: Certain sectors including...

Stanley Lifestyles IPO subscribed 97 times on last day

The IPO has a fresh issue of up to Rs 200 crore and an offer for sale of up to 91,33,454 equity sharesNew Delhi:...

FMCG sector to have sustained growth rate of 7-9% in 2024: Report

Online sales channel for FMCG is also increasing and has been valued at Rs 1.7 lakh croreNew Delhi: The FMCG sector is expected to...

Raymond to add over 100 stores of ethnic wear brand Ethnix by Raymond in FY25

The company intends to fuel growth with 'Ethnix By Raymond' as it taps into the exponentially growing segment of ethnic wear in IndiaNew Delhi:...

D2C dairy startup Sid’s Farm raises $10 mn

The brand said it plans to use the fund to establish a strong presence in Hyderabad and BengaluruNew Delhi: D2C dairy brand Sid's Farm...

Industry pitches for tax reduction, rationalisation of duty structure in Budget

There is a need for a review of tariffs on imported goods from China related to the petrochem industryNew Delhi: In an effort to...

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India’s gems, jewellery exports dip 13.44% in June to Rs 15,939.77 cr: GJEPC

The total gems and jewellery exports stood at Rs 18,413.88 crore ($2,240.77 million) during June 2023Mumbai: India's overall gems...