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Reliance makes open offer to acquire 26% stake in Lotus Chocolate

The open offer starts on February 21 and closes on March 6 and it will aggregate to a total consideration of Rs 38.56 crore over the full acceptanceNew Delhi: Two Reliance group firms - Reliance Consumer Products Ltd (RCPL) and Reliance...

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 IndiaNew Delhi: US retail giant Walmart has paid the taxes arising from the shifting of the...

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 Godrej Consumer Products Ltd (GCPL) expects a double-digit sales growth in the domestic market for...

Make F&B retail an essential service: RAI to Government for Union Budget 2023-24

In addition to this, Retailers Association of India has asked for supportive policies, simplified regulations, skill development, and simple goods and services tax (GST) norms in its recommendations to the Central Government for the Union Budget 2023Bengaluru: The Food...

UpScalio: Helping e-commerce startups scale

CEO and co-founder of e-commerce roll-up UpScalio Gautam Kshatriya explains how his company acquires startups and then nurtures them to grow New Delhi: The rollup e-commerce wave has hit India in the recent years. The space, where small firms are...

Cinema Halls entitled to regulate food brought into premises: Supreme Court

A Supreme Court bench pointed out that being private properties, cinema halls and the owners are entitled to regulate food brought into the premisesDelhi: The Supreme Court recently released a judgment asserting that the owner of cinema halls or...

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 Pvt Ltd (SHBPL)New Delhi: Reliance Consumer Products Ltd (RCPL), the fast-moving consumer goods arm of Reliance...

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 yearsNew Delhi: Delhiites guzzled over one crore bottles of liquor worth more than Rs 218...

Malls benefit from early ‘end of season’ sales

Shopping centres experienced high footfalls and crowds even during weekdays in the last few days of December with brands announcing their End of Season Sales New Delhi: As 2022 drew to a close, many brands added to the consumers’ festive cheer...

Alia Bhatt’s Ed-a-Mamma: Story telling and Sustainability at its core

How Alia Bhatt’s kids wear brand Ed-a-Mamma is using content to steer the future generations towards sustainability. Excerpts from an email interview with business head Iffat Haider Jivan…By N Bobo MeiteiNew Delhi: Ed-a-Mamma is a sustainable kids wear brand...

How the Government is planning to ease logistics woes

The government plans to develop a dashboard where industries including retail can report and flag off issues related to logistics for faster resolution By Anurima Das The commerce and industry ministry announced that it is developing a dashboard to help the...

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 COVID-19 cases in China, consumer durable makers are stocking up on raw materials to deal...

Madurai towers over retail scene: Opens India’s largest retail store that beats Ikea hands down

Launched in December, the 6.5 lakh sq. ft. store in Tamil Nadu covers 10 floors. And no, it’s not an Ikea… Bengaluru: The southern city of Madurai in Tamil Nadu, famed for its historical monuments of Meenakshi Temple and Thirumalai Nayakkar...

Q-Commerce: Can quick deliveries win customers for life?

Delivering on time is a thing of the past now. Delivering quicker than 10 minutes is more the trend to watch. Does this help a brand win its much-needed customer base?By Yash BhatiaQuick commerce, in basic terms, means delivering...

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How Shoppers Stop, Blackberrys and Titan are benefiting from GenAI

From more impactful campaigns and meaningful and faster query resolution to substantial savings in marketing spending, leading businesses are...
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