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Reliance Retail’s 7-Eleven opens new store in Panvel

This would be the 7-Eleven’s 51st store in India New Delhi: Reliance Retail operated convenience store 7-Eleven has opened a new store at Kalamboli, Panvel in Maharashtra, India, a social media post by a company official said. “Excited to announce the...

Zomato gets tax demand order of Rs 23.26 cr

The online food delivery platform said it would appeal against the order before the appropriate authorityNew Delhi: Zomato on Sunday said it has received a tax demand, interest, along with penalty, to the tune of Rs 23.26 crore from...

H&M opens 61st India store in Pune

The new H&M store is located at Kopa Mall.New Delhi: Swedish fashion brand Hennes & Mauritz (H&M) has opened its 61st store in India in Pune, a social media post by a company official said on Thursday.The latest store...

Unicommerce launches AI tool UniGPT 

This new product marks Unicommerce’s entry into the Artificial Intelligence space New Delhi: Gurugram-based e-commerce enabler and software as a service (Saas) platform Unicommerce has launched UniGPT, a generative AI-based platform to address the concerns of e-commerce sellers and provide...

Varun Beverages completes acquisition of South African bottler BevCo

VBL has also issued a corporate guarantee amounting to South African Rand (ZAR) 1,500 million (around Rs 660 crore) to secure credit facilities extended to BevCo by the FirstRand Bank thereNew Delhi: Varun Beverages Ltd, PepsiCo's largest franchise bottler,...

New-age fashion brands should focus on value creation, not valuation: Vineet Gautam, Bestseller India

Bestseller India CEO Vineet Gautam on the changing trends in fashion retail, the company’s digital transformation and industry-wide slowdown… New Delhi: Vineet Gautam is the India chief executive officer for Danish fashion and lifestyle group Bestseller, overseeing a gamut of...

ETP Group launches two retail products, eyes ~60% topline growth per year

Unlike its established product  ETP V5, with Ordazzle and ETP Unify, the company aims to target mid-sized businesses from the retail ecosystem Mumbai: Singapore-based leading retail software company ETP Group launched two cutting-edge cloud-based platforms—Ordazzle and ETP Unify—in India on Wednesday....

P N Gadgil Jewellers files draft papers with Sebi to garner Rs 1,100 cr via IPO

The Maharashtra-based company's proposed IPO is a combination of a fresh issue of equity shares worth up to Rs 850 croreNew Delhi: Jewellery retail chain P N Gadgil Jewellers Ltd has filed preliminary papers with capital markets regulator Sebi...

Consumer commission imposes Rs 35,000 fine on Amazon, retailer

The commission has also directed Amazon to provide a foolproof and transparent grievance redressal mechanism to customersNew Delhi: Observing that Amazon does not have an appropriate grievance redressal mechanism and has "one-sided oppressive" sale terms, a consumer commission here...

Logistics startup JustDeliveries raises $1 million

Within the next 3-4 years, the company said that it plans to extend its presence to 8-10 cities across IndiaNew Delhi: JustDeliveries, a provider of logistics solutions for perishables, on Tuesday, said it has raised $1 million (about Rs...
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Starbucks opens India’s first coffee experiential store

The new Starbucks store is located at Punjabi Bagh, New DelhiBengaluru: US-based coffee chain Starbucks has launched its first-ever...
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