latest retail news
Food & Beverage
NCLT orders insolvency proceedings against Coffee Day Enterprises
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The Bengaluru bench of the NCLT admitted the plea filed by IDBITSL claiming a default of Rs 228.45 crore and appointed an interim resolution professional to take care of the operation of Coffee Day EnterprisesNew Delhi: Corporate dispute tribunal...
Beauty & Wellness
Honasa expects Rs 1,000 cr annual revenue run rate from The Derma Co in next 3-5 years
PTI -
The company also expects its skin care brand Aqualogica and hair care brand Dr. Sheth's to enter the Rs 500-crore ARR (annual revenue run-rate) club and BBlunt to reach Rs 250 crore ARR by thenNew Delhi: Honasa Consumer expects...
Latest News
Adoption of AI spotlights businesses to invest in proactive cybersecurity defences
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From leveraging ChatGPT for writing malicious software and automating attacks against multiple users to misusing AI programmes to track users' smartphone inputs, cybercriminals are using AI in novel waysNegombo (Sri Lanka): Rapid adoption of artificial intelligence (AI) has powered...
In Focus
76% of Indians see higher quality in international products: Survey
The survey reveals that India is increasingly engaging in cross border shopping with over 67% of respondents having made purchases from international businesses
Bengaluru:Â As many as 76% of Indian consumers perceive the quality of items from international sellers as superior,...
In Focus
Microsoft, TCS, Amazon India’s most attractive employer brands: Survey
PTI -
Others in the top 10 most attractive employer brands include Tata Power Company, Tata Motors, Samsung India, Infosys, Larsen & Toubro, Reliance Industries and Mercedes-BenzNew Delhi: Microsoft has emerged as India's most 'attractive employer brand', followed by TCS and...
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Honasa Consumer’s Q1 profit jumps 63% to Rs 40.25 cr; sales rise 19% to Rs 554 cr
PTI -
The total income of Honasa Consumer in the June quarter was up 20% to Rs 572.77 croreNew Delhi: Honasa Consumer Ltd, which owns FMCG brands such as Mamaearth and The Derma Co, on Friday reported an increase of 62.9%...
Beauty & Wellness
LifeCell forays into skincare with AreoVeda
AreoVeda’s products are specifically formulated for pregnant women, new moms, and newbornsBengaluru: Homegrown stem cell bank LifeCell has introduced its new skincare brand AreoVeda, curated specifically for pregnant women, new mothers, and newborns, the company said in a press...
Consumer Durables & IT
Samsung opens premium experience store in Ambience Mall, Vasant Kunj
Spanning over an area of 1,150 sq. ft., the store is located in the posh sub-city of Vasant KunjNew Delhi: Consumer electronics company Samsung has opened a new premium experience store at Ambience Mall in New Delhi’s Vasant Kunj,...
E-Commerce
Amazon India sets up four hubs to deliver urgent relief material in less than 72 hours
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The new hubs are located at Thane (Maharashtra), Faridabad (Haryana), Hyderabad (Telangana) and Purba Bardhaman in West BengalMumbai: E-commerce giant Amazon India on Friday said it has set up four hubs, including a temporary hub in West Bengal, to...
Finance and Funding
Blackstone to sell 33 crore units in Nexus Select Trust for nearly Rs 4500 cr
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Blackstone currently holds around 43% stake in Nexus Select Trust, which is India's first real estate investment trust (REIT) backed by retail propertiesNew Delhi: Global investment firm Blackstone plans to sell 33 crore units in its REIT firm Nexus...
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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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