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Ikea exits Russia, sells shopping centre portfolio

Ingka Centres sold its 14 centres to a subsidiary of the Gazprombank Group. After the divestment of the shopping centres, Ingka Centres will have no operational business in RussiaNew Delhi: The Ingka Group has decided to sell its Russian portfolio...

JioMart onboards Mahendra Singh Dhoni as its brand ambassador

In addition, JioMart has re-branded its festive campaign to JioUtsav, Celebrations Of India, which will go live on October 8, 2023  Mumbai: Reliance Retail’s JioMart, an e-marketplace, has roped in Indian cricket icon, Mahendra Singh Dhoni as brand ambassador, the...

Kalyan Jewellers to launch 33 more showrooms in India before Diwali

Kalyan Jewellers had also launched its first franchised showroom in the Middle East region during the recently-concluded quarterNew Delhi: Kalyan Jewellers on Friday said it plans to open 33 new showrooms in India before Diwali.The company, in a regulatory filing,...

India Start-up Tracker: Who got what in the first half of 2023

A look at the funding scenario for startups in India in the first half of calendar year 2023Mumbai: Funding in the Indian startup ecosystem continues with cautious optimism. Despite the significant dry powder earmarked for Indian start-ups, the ecosystem...

Coffee Day Enterprises’ total default at Rs 433.91 cr in Jul-Sep quarter

This is lower than the June quarter when CDEL had reported a total default of Rs 440.25 croreNew Delhi: Coffee Day Enterprises Ltd (CDEL) on Thursday reported a total default on payments of loans' principal and interest amount of...

Unicommerce launches packing solution ahead of festive season surge

The solution is designed to help platforms and brands manage the surge in volume sales during the upcoming festive seasonNew Delhi: SaaS platform Unicommerce has launched a 'Pack-Fast' solution to help e-commerce platforms and retail brands power faster warehouse...

Dressfolk raises Rs3.3 crore in seed funding

The company plans to use the fund to strengthen its product portfolio, expand distribution channels, and expand its team and operationsNew Delhi: Indian handloom ethical clothing brand Dressfolk announced today that it has raised Rs 3.3 crore in...

Uniqlo opens its first Mumbai store at Phoenix Marketcity

Covering a total area of 11,500 sq. ft., the Uniqlo store extends across ground and lower ground floors of the mallMumbai: Uniqlo, the Japanese global apparel retailer, has opened its store for the public at Phoenix Marketcity, Kurla in Mumbai...

E-commerce to grow to USD 300 bn by 2030, shipments by 3rd-party logistics firms to 17 bn: Redseer

Meesho emerged as the largest e-commerce 3PL shipment contributor in IndiaNew Delhi: The Indian e-commerce is expected to grow 5 times to USD 300 billion by 2030 and the number of shipments by third-party logistics providers may reach 17 billion...

Dyson enters wearable segment in India, launches noise-cancelling headphones

Priced at Rs 59,900 and Rs 64,900 -- it is available in two models -- Ultra Blue and Absolute +, the company saidNew Delhi:  British tech firm Dyson on Wednesday announced its entry into the wearables category in the...
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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...
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