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Indian burgeoning e-commerce lowers discounts, focuses on profits, as funding declines

Two-day Phygital Retail Convention deliberates declining consumption disparity New Delhi: Indian e-commerce market is on the rise, but funding from private equity & venture capitalists has been on the decline leading to profitability push led by high platform and delivery...

Amazon India launches ‘Sushruta’, a wellness program for truck drivers

A series of health camps are being organised in Bengaluru, Manesar (Haryana), and other parts of the country for truck drivers, offering screenings for over 70 health parameters Bengaluru: E-commerce platform Amazon India has launched Sushruta, a health and wellness program...

Developing e-com hubs to boost exports may figure in ministry’s 100-day agenda of new govt: Official

These hubs can help further promote exports through e-commerce mediumsNew Delhi: Developing e-commerce hubs in the country to further promote India's exports through online medium are expected to figure in the commerce ministry's 100-day agenda roadmap for the new...

Curtain Raiser: Internet Commerce Summit 2023

Internet Commerce Summit (ICS) 2023 is set to offer a unique platform for e-commerce companies to discuss scale and achieve their business ambitions New Delhi: The sixth edition of the much-awaited Internet Commerce Summit by the IMAGES Group is set to...

Page Industries Q2 profit falls 7.3 pc to Rs 150 crore; revenue declines 8.4 pc to Rs 1,125 crore

Page Industries' expenses in the September quarter were at Rs 927.42 crore, down 8.92 per centNew Delhi: Apparel manufacturer Page Industries Ltd on Thursday reported a decline of 7.3 per cent in its net profit at Rs 150.27 crore...

Patanjali Foods Q2 profit jumps over 2 times to Rs 255cr; ropes in Dhoni as brand ambassador for 2 brands

Total expenses also fell to Rs 7,510.71 crore from Rs 8,371.03 crore during the period under reviewNew Delhi: Patanjali Foods Ltd has reported over two-fold jump in its net profit to Rs 254.53 crore in the second quarter of...

With Rs 7,000 cr cash reserve, Dabur India scouting for acquisitions

The company would pursue organic growth with new brand launches in skin care and premium skin care, and the rest would be through acquisitionsNew Delhi: Homegrown FMCG maker Dabur India, armed with a cash reserve of Rs 7,000 crore, is...

Trent Q2 net profit up nearly 3-fold at Rs 228.06 crore

Total expenses were higher at Rs 2,773.52 crore in the second quarter of the current fiscal as compared to Rs 1,899.49 crore a year agoNew Delhi: Tata group retail firm Trent Ltd on Tuesday reported a nearly three-fold rise...

Amazon launches programme for deliveries via electric vehicles in India

The programme will help more than 300 delivery service partners (DSPs) to make customer deliveries with zero tailpipe emissions, the company saidNew Delhi: E-commerce company Amazon has launched its last-mile fleet programme in India with 100 per cent electric...

FMCG industry logs 8.6 pc volume growth in Sept qtr on easing inflation: NielsenIQ

In food, the growth is primarily driven by products falling under the impulse category like salty snacks, chocolates and confectionery and habit-forming such as biscuits, tea, coffee, etcNew Delhi: The FMCG industry in India had an overall 8.6 per cent...
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Swiggy announces 5th ESOP liquidity programme worth $65 million

So far, the company has cumulatively enabled over Rs 1,000 crore of ESOPs liquidity over the five events, benefitting...
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