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Zomato shares decline nearly 4%
PTI -
At the NSE, shares of the company dipped 2.30% to Rs 196.65New Delhi: Shares of online food delivery firm Zomato Ltd on Monday declined nearly 4% on a day the company announced its March quarter earnings.The stock went lower...
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Nexus Select Trust records FY24 rev up 13% to Rs 120 billion
Nexus selectIn the fourth quarter of FY24, the company recorded sales totaling Rs 28 billion, demonstrating a 9% YoY increaseBengaluru: Nexus Select Trust (NXST), India’s first publicly listed retail real estate investment trust (REIT), reported a 13% jump in...
Retail
Noida International Airport signs duty-free partnership with Heinemann, BW
This includes the concession for duty-free, to be operated by Heinemann, and master concessions for domestic retail and international duty-paid retail, to be operated by BWC ForwardersNew Delhi: Noida International Airport (NIA) has awarded the concession for retail and...
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Delhivery’s AI-based RTO predictor helps brands minimize return shipments
RTO predictor solution enables over 4,800 D2C companies to reduce logistic costs by assessing return risk
New Delhi: Logistics service provider Delhivery has successfully enabled D2C brands by reducing the cost of returns through its AI-powered RTO Predictor, a release...
Fashion & Lifestyle
New Balance enters Mumbai
Located on the Linking Road, this marks New Balance's third company-owned store in IndiaBengaluru: US-based sports footwear and apparel manufacturer New Balance has launched its first retail store in Mumbai, located on the Linking Road, a company official said...
Food & Beverage
Auditor of Zomato subsidiaries’ resigns
PTI -
Batliboi & Associates, who was appointed for five years resigned w.e.f. May 12, 2024New Delhi: Zomato on Sunday said the auditor of its subsidiaries Zomato Hyperpure and Blink Commerce has resigned with immediate effect, paving the way for the...
FMCG
FMCG companies expect volume growth in FY25 with improvement in revenue
PTI -
HUL said it continues to see positive volume growth across most of its businessNew Delhi: Leading FMCG makers expect a volume-led growth in FY25, with a revival in consumption supported by a lower inflationary environment, projections of a normal...
In Focus
Key Trends Driving Digital Transformation
A look at some key factors that will drive digital transformation in the retail industryNew Delhi: In the dynamic retail business landscape, several key trends are catalysing the adoption of emerging disruptive technologies, such as AI, IoT, smart robotics,...
D2C Buzz
D2C fashion brand Powerlook aims Rs 300 cr GMV this fiscal
PTI -
The brand also has a stronghold in the offline market with good operating revenueNew Delhi: Fashion brand Powerlook looks to hit a gross merchandise value (GMV) of Rs 300 crore this financial year, clocking a more than twofold growth...
Beauty & Wellness
Skincare brand Raw Beauty set to expand globally: founder Sunayana Walia
Over the last five years, Raw Beauty has built a customer base of over 20,000 peopleBengaluru: In the last few years, the demand for clean and effective skin care products has grown in India. Indians are now much more...
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Ingka Centres unveils its 2nd meeting place, to invest Rs 55,000 cr
Lykli Noida will be Ingka Centres’ first meeting place in the world with a hotel as part of the...
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