Indian Retail Business
Food & Grocery
Reliance Retail opens 30 Metro stores in Q1, total count crosses 200
PTI -
Reliance Retail had acquired the Indian operations of German firm Metro AG's wholesale operations in December 2022 in a Rs 2,850-crore dealNew Delhi: The country's leading retailer Reliance Retail has added 30 new stores of Metro in the June...
In Focus
Google, Tata Motors, Amazon, Jio, and Apple named as top inclusive brands in India: Report
On a global scale, the top 10 inclusive brands include Google, Amazon, Nike, Dove, McDonald’s, Netflix, Coca-Cola, Adidas, Disney and Apple
Bengaluru: Google, Tata Motors, Amazon, Jio, and Apple have been recognised as India’s top five inclusive brands, according to the...
Latest News
Reliance net profit falls 5% in Q1 on weak O2C business
PTI -
The consolidated net profit of Rs 15,138 crore, or Rs 22.37 per share, in April-June was compared to Rs 16,011 crore, or Rs 23.66 a share, in the year-ago periodNew Delhi: Reliance Industries Ltd on Friday reported a 5...
Fashion & Lifestyle
German watch retailer Aigner Watches enters India with Titan
The initial launch of the Swiss-made brand will be in 50 selected Titan stores across top metro citiesBengaluru: German luxury watch retailer Aigner Watches has entered India through an exclusive partnership with Tata-owned accessories retailer Titan Company Ltd., the...
Retail
Retail sales grow 5% y-o-y in June 2024: RAI Survey
Sales in South India showed the highest increase at 7%, followed by North and East at 5% each and West India at 4%Bengaluru: Retail sales in June 2024 showed a gain of 5% as compared to the sales levels...
Finance & Funding
Newme raises $18 million in series A funding
The funding round was led by venture capital firm Accel with participation from existing investors including Fireside Ventures and AUM VenturesBengaluru: Gen Z-focused fashion-tech startup Newme has secured $18 million in series A funding led by venture capital firm...
E-Commerce
Easy customs norms, robust payment settlement to boost e-comm exports: Report
PTI -
The report also asked to allow FDI-funded e-commerce entities to hold inventory for sale in international marketplaces to facilitate global sales of Indian MSME productsNew Delhi: Measures such as easing customs procedures, robust payment settlement mechanisms and relaxing FDI...
In Focus
Retailers’ wishlist for Budget 2024: Roadmap for long-term growth; reduce import duties
Support for MSMEs and investment in digital infrastructure rank among the foremost requests of industry representatives for the upcoming Union Budget 2024
Bengaluru: As the newly-elected NDA government is getting ready to present this year's Union Budget on 23 July,...
Consumer Durables & IT
Havells India Q1 net profit up 42% at Rs 407.51 crore
PTI -
The company had posted a consolidated net profit of Rs 287.07 crore in the same quarter last fiscalNew Delhi: Havells India Ltd on Thursday reported a 42 per cent jump in consolidated net profit at Rs 407.51 crore in...
Food & Grocery
Bigbasket launches SaaS based supply chain platform BB Matrix
BB Matrix enables user organisations to get real-time updates, quickly track bottlenecks and take data-backed decisionsBengaluru: Omnichannel grocery delivery firm Bigbasket has launched BB Matrix, an end-to-end software as a service (SaaS) based supply chain platform that offers complete...
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Latest News
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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