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IndiaMART and four other Indian markets figure in US Notorious Markets list

Other Indian markets in the list are Heera Panna in Mumbai, Kidderpore in Kolkata, Sadar Patrappa Road Market in Bengaluru, and Tank Road in DelhiWashington: IndiaMART, one of the largest Indian e-commerce websites, along with four physical marketplaces in...

Reliance Consumer Products partners with Sri Lankan biscuit brand Maliban

The partnership will enable Reliance Consumer Products to access Maliban’s globally recognised product portfolioMumbai: Reliance Consumer Products Ltd. (RCPL), the FMCG arm and a wholly owned subsidiary of Reliance Retail Ventures Ltd. (RRVL), announced a strategic partnership with Sri Lanka-headquartered...

Godrej Consumer Products Q3 profit rises 3.55 per cent to Rs 546.34 crore

The company had posted a consolidated profit after tax of Rs 527.6 crore in the same period last fiscalNew Delhi: Godrej Consumer Products Ltd on Tuesday reported a 3.55 per cent rise in consolidated profit after tax at Rs...

Bikaji Foods reports a PAT growth of 195.39% for Q3FY23

The company’s profit after tax (PAT) margin during the period increased to 6.2% as against 2.4% in the corresponding quarter of the last financial year Bengaluru: Bikaji Foods International Ltd., a homegrown ethnic snacks company, reported a Profit After Tax...

The Demand for Experiential Retail to Grow in 2023

In 2023, retail in India is expected to grow better than all other key markets globally with Omnichannel becoming the norm for the retailers. Concepts like these will enable millions of small retailers to participate in digital commerceBy Sandeep...

Being ‘Digital First’ is the Way to Survive in the New Retail World: Sanjeev Rao, CEO, Being Human Clothing

To enhance the in-store experience, Being Human has introduced mobile POS that helps with faster checkout and makes the process seamlessLooking back, if you had to pen down your top 3 learnings from 2022, what would they be?COVID has...

Human touchpoint is extremely important for us, says Tomohiko Sei, CEO, Uniqlo India

In 2018, Uniqlo sent Tomohiko Sei to India to spearhead its entry into the country that Retailing Co. ranks as the biggest future market for the Japanese brand. Prior to his India assignment, Sei was the chief operating officer...

Kishore Biyani steps down as chairman of Future Retail

Future Retail is facing CIRP (Corporate Insolvency Resolution Process) as a "result of unfortunate business situation", says BiyaniNew Delhi: Kishore Biyani has stepped down from the suspended board of Future Retail and has resigned as chairman and director of the...

Impacts of farm-closet: A Collective Responsibility

The fashion industry produces about 53 million tonnes of fibre every year, 70 per cent of which ends up in garbage dumps or is incinerated, adversely affecting the environment By N Bobo Meitei Last December, when Delhi breathed comparatively less polluted...

Uniqlo India’s Success Mantra: Making headway with made for all

Uniqlo, Asia’s largest fashion retailer has managed to hit the sweet spot in the Indian market to not just become popular but also profitable in just three yearsSamrat Puri, a New Delhi-based professional chef, said he usually shops at...

Karta Ceremony, a unique community-based HR tool used by Reliance Retail to welcome store leaders

Under the karta ceremony, before joining a store, an executive is blindfolded and placed on a special chair in front of all store employees, vendors and even his relativesNew Delhi: The country's leading retailer Reliance Retail, which is on an...

Reliance Retail acquires footwear retailer V Retail

According to industry sources, the acquisition was completed during the last quarterNew Delhi: Reliance Retail has acquired Telangana and Andhra Pradesh-based footwear and apparel retailer V Retail Pvt Ltd, which operates a retail chain under the brand name 'Centro Style'.V...

What’s driving the Global textile and apparel market

The global apparel consumption in 2021 is estimated to be around $1.5 trillion. India’s textile and apparel market has the potential to swell to $250 billion by 2025-26, up from an estimated size of $ 153 billion in 2021,...

Food & Wellbeing: Sifting Myth From Reality

With health and wellness dominating the minds of consumers, food manufacturers are making a beeline for patenting many new-line products to protect their innovation and techniques Today, most of us are flooded with an avalanche of mostly unsolicited advice on...

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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...
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