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Online sales growth same as last year, no major jump due to Covid impact

This festive season has seen 30-40 per cent growth in e-commerce volumes with overall growth similar to that witnessed last year. A report by financial services major, Bernstein, said: "While not a negative surprise, we had anticipated a much higher...

Online sales growth same as last year, no major jump due to COVID impact

This festive season has seen 30-40 percent growth in e-commerce volumes with overall growth similar to that witnessed last year. A report by financial services major, Bernstein, said: "While not a negative surprise, we had anticipated a much higher growth...

Reliance expected to spin-off Jio, Retail over 3-4 yrs: Report

Analysts expect a break-up of Reliance Industries Limited (RIL) in the next 3-4 years through the IPO of the Jio and Retail business segments which should unlock additional shareholder value. Broking house Bernstein said in a research note that Reliance...

Brands tweak strategies for tough markets

The world’s biggest jewellery and watch brand in terms of combined sales, Cartier, generates more than two thirds of profits for Swiss parent Richemont, but watch revenues have dwindled relentlessly while jewellery sales have boomed. Like other high-end watchmakers...
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Starbucks ‘fully committed’ to Indian market, says India JV Tata Starbucks

Tata Starbucks is a 50:50 joint venture between Tata Group FMCG arm Tata Consumer Products Ltd (TCPL) and US-based...
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