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PC Jeweller to raise Rs 2,705 cr via warrants; promoters to infuse Rs 850 cr

Around 75 per cent of the fund will be used for repaying bank loans and the rest 25 per cent for working capital requirementsNew Delhi: PC Jeweller Ltd plans to raise up to Rs 2,705 crore by issuing warrants...

Govt proposes mandatory labelling for bulk pre-packaged commodities; seeks public comments

The move aims to close a loophole that currently exempts such bulk packages from displaying details like MRP, best before date, manufacturer information, and country of originNew Delhi: The Consumer Affairs Ministry on Sunday proposed an amendment to the...

Metro Brands Ltd. to open India’s first Foot Locker store in Delhi in October 2024

The country's first Foot Locker store will be in a prominent Delhi mall and will be based on the American footwear chain's ‘Store of the Future’ conceptMumbai: City-based footwear retailer Metro Brands Ltd. (MBL) is set to open its...

Tax relief for middle-class, salaried will help increase consumption patterns: Marico MD

The key expectations from the full budget of 2024-25 include a continued emphasis on rural development through investments in infrastructure and employment, bolstering agricultural activities to enhance rural income, he saidNew Delhi: Tax relief for middle-class and salaried class...

5 consumer trends dominating retail

From increase in GenZ spending to channel switching, these consumer trends are driving growth in retail Tech-savvy consumers are increasingly demanding a seamless blend of digital and physical channels to discover, research, compare, and purchase products at the best prices....

D-Mart’s Q1 net profit rises 17.5% to Rs 774 cr, sales up 18.5% to Rs 14,069.14 cr

The company had posted a net profit of Rs 658.71 crore in the April-June period a year agoNew Delhi: Avenue Supermarts Ltd, which owns and operates the retail chain D-Mart, on Saturday reported an increase of 17.45% in consolidated...

V-Mart: Fashioning Rural India

One of the early entrants in the country’s value-retail space, V-Mart is today a 448-store strong chain with its presence across IndiaNew Delhi: Value retail chain V-Mart was launched in 2003, long before the term value retail became fashionable....

Fonebox Retail aims to open 25 stores in Maharashtra

The Ahmedabad-headquartered multi-brand retailer presently has 181 stores in GujaratBengaluru: Gujarat-based mobile and consumer durables retailer Fonebox Retail Ltd. has forayed into the state of Maharashtra with plans to open over 25 retail stores, the company announced on Friday.The...

Myntra integrates reward points from multiple banks and brands with Twid

The collaboration allowed customers to leverage loyalty and reward points from various banks and brands, including Intermiles, Payback (now Zillion), TimesPoint, and debit/credit card programsBengaluru: Fashion and lifestyle e-commerce platform Myntra has partnered with rewards-based payment network Twid to...

PepsiCo clocks double-digit volume growth in Indian beverages market in Jun qtr

The company also said its convenient foods unit volume grew double-digit in India in the April-June periodNew Delhi: Global food and beverages major PepsiCo on Thursday reported a double-digit growth in beverages volume in India in the second quarter...
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Fashion brand Theater raises $1.5 mn in pre-series A funding

The funding round was led by Mumbai-based venture capital firm Prath Ventures New Delhi: Chandigarh-based fashion brand Theater has raised around 12.5...
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