retail business growth
Fashion & Lifestyle
Beyoung expands offline reach with new Kota store
The brand targets a GMV of Rs 650 crore by 2027 along with enhancing its omnichannel presenceNew Delhi:  Udaipur-based D2C fashion brand Beyoung has expanded its retail footprint by opening a new store in Rajasthan’s Kota, the company announced in...
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Niraamaya Life appoints Ashwani Gandhi as the new CEO
Gandhi will lead the company’s business verticals - retreats, direct-to-consumer (D2C) and products
Bengaluru:Â Digital-first Indian wellness brand Niraamaya Life has appointed Ashwani Gandhi as its new chief executive officer, the company announced on Monday.
Gandhi will lead the company’s business verticals—retreats,...
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Welspun One raises Rs 2,275 crore for second fund to build warehousing assets
PTI -
The capital was sourced from a diverse pool of about 800 Limited Partners (LPs) or investors, including high-net-worth and ultra-high-net-worth individualsNew Delhi: Welspun One has raised Rs 2,275 crore from investors for its second fund and would use the...
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DPIIT inks pact with NCAER for making framework, assessment of logistics cost
PTI -
The Government of India launched the National Logistics Policy (NLP) on September 17, 2022New Delhi: The Department for Promotion of Industry and Internal Trade (DPIIT) has inked a pact with think tank NCAER to develop a detailed framework for...
E-Commerce
Top line can grow to Rs 2.5 lakh cr in 5-10 yrs if we execute well: Zepto CEO
PTI -
The company's revenue have grown over fivefold to over Rs 10,000 crore in FY24 from about Rs 2,000 crore in FY23New Delhi: Quick commerce unicorn Zepto revenue can grow multifold to Rs 2.5 lakh crore in 5-10 years if...
FMCG
Future group’s FMCG arm FCL defaults on payments of Rs 449.04 crore till June-end
PTI -
"Total financial indebtedness of the listed entity including short-term and long-term debt" was Rs 506.87 crore as on June 30 this yearNew Delhi: Debt-ridden Future group's FMCG arm Future Consumer on Saturday said it has defaulted on payments of...
Food & Beverage
FSSAI to make mandatory labelling of salt, sugar, fat on packaged food items in bold letters, bigger font
PTI -
The amendment aims to empower consumers to better understand the nutritional value of the product they are consuming New Delhi: Food regulator FSSAI on Saturday approved changes in nutritional information labelling on packaged food items, proposing that total salt, sugar...
FMCG
FMCG makers expect single-digit revenue growth, margin improvements in April-June quarter
PTI -
Rural demand continues to see gradual but slight green shoots as real rural wages remain mutedNew Delhi: Fast-moving consumer goods companies expect single-digit volume growth along with expansion in margins during the April-June quarter of this fiscal, helped by...
Beauty & Wellness
Nykaa expects consolidated revenue to rise 22-23% in Apr-Jun qtr
PTI -
The Beauty vertical revenue growth for the quarter is expected to be around 22-23% YoYNew Delhi: FSN E-Commerce Ventures, the parent company of Nykaa, on Sunday forecast a year-on-year consolidated revenue growth of around 22-23% in the first quarter...
Fashion & Lifestyle
PC Jewellers gets PNB approval for one-time settlement of dues
PTI -
PC Jeweller had opted for OTS to settle the outstanding dues with a consortium of banksNew Delhi: PC Jeweller Ltd on Sunday said that Punjab National Bank has given its approval for one-time settlement of its outstanding dues.In a...
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CCD cafe count falls to 450 in FY24, number of operational vending machines rises
The number of Value Express kiosks also declined marginally to 265, according to the latest annual report of Coffee...
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