retail business growth
Finance & Funding
Venture capital Sauce.vc acquires around 3% stake in GRM Foodkraft
PTI -
Sauce has also acquired an additional 1% stake from other shareholders in GRM Foodkraft, which focuses on the domestic foods businessNew Delhi: Basmati rice company GRM Overseas on Monday said it has sold more than a 3% stake in...
Fashion & Lifestyle
Relaxo Footwears to acquire land parcel at Bhiwadi at Rs 135 crore
PTI -
The acquisition will be funded through internal accruals post the necessary statutory approvalsNew Delhi: Leading shoemaker firm Relaxo Footwears Ltd on Monday said it will acquire a 30-acre land Parcel in Bhiwadi, Rajasthan, at Rs 135 crore.The land at...
Food & Grocery
How QSRs are using tech to elevate experience
Quick-service restaurant (QSR) players are rapidly embracing artificial intelligence (AI), the Internet of Things (IoT), robotics, digitalization and more tech to delight their customersNew Delhi: The Quick Service Restaurant (QSR) market in India is expected to reach Rs 431.27...
Spotlight
Majority of Indians likely to increase app usage: Cisco survey
PTI -
The report surveyed 12,000 respondents in various countries, including the US, UK, UAE, Germany and IndiaNew Delhi: Consumers are likely to use more applications and digital services this holiday season than before, as a Cisco survey cited that 85...
Latest News
Targeted action plan to improve India’s logistics efficiency, global ranking
PTI -
This will improve India's ranking in the World Bank's LPI (Logistics Performance Index), the Department for Promotion of Industry and Internal Trade (DPIIT)New Delhi: The commerce and industry ministry on Thursday said a targeted action plan has been shared...
Fashion & Lifestyle
Stanley Lifestyles get Sebi’s go ahead to float IPOs
PTI -
The company will use proceeds from the fresh issue to the tune of Rs 90.13 crore for opening the new stores, Rs 39.99 crore expenditure for opening the anchor stores and Rs 10.04 crore expenditure for renovation of existing...
Food & Beverage
India’s food and food services market to hit $774.14 billion and $7.2 billion in 2023
Several reports released at the two-day India Food Forum indicate food consumption is on track
New Delhi: In sync with India’s consumption story, the country’s food including grocery and food services market is set to hit $774.14 billion and $7.2 billion...
FMCG
Wipro Consumer acquires 3 soap brands from VVF
PTI -
This is the third acquisition by Wipro Consumer Care and Lighting, part of Azim Premji-led Wipro EnterprisesNew Delhi: Wipro Consumer Care and Lighting on Tuesday announced the acquisition of three soap brands, Jo, Doy, and Bacter Shield, from VVF...
Latest News
Pencil-maker DOMS Industries’ Rs 1,200 crore IPO to open on Dec 13
PTI -
The public issue of the Umbergaon-based firm -- comprising a fresh issue of Rs 350 crore, and an Offer For Sale (OFS) of Rs 850 crore -- will close on December 15New Delhi: DOMS Industries, the second largest pencil-maker...
Fashion & Lifestyle
Pepe Jeans aims Rs 2,000 crore sales in the next 3 years, to add over 100 stores
PTI -
Pepe Jeans is now focusing on the expansion of its network of brand stores and fast-growing e-commerce channelsNew Delhi: Denim brand Pepe Jeans London aims for sales of around Rs 2,000 crore from the Indian market and plans to...
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Latest News
Starbucks opens 444th store in India
Located at Metro Junction Mall, Kalyan, Maharashtra, the new outlet is the 109th location of Starbucks in West IndiaBengaluru:...
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