Retail Business in India
Consumer Durables & IT
Nothing India sets up exclusive service centres in Chennai, Hyderabad
PTI -
With these new additions, the company's total service network in the country now comprises five exclusive centresChennai: London-based technology brand Nothing has expanded its service footprint in India by inaugurating exclusive service centres in Hyderabad and Chennai, the company...
D2C
Amway India loss doubles to Rs 52.78 cr in FY24, sales flat at Rs 1,284 cr
PTI -
Amway India had reported a net loss of Rs 21.72 crore and revenue from operations at Rs 1,278.69 crore a year agoNew Delhi: Direct seller Amway India Enterprises has reported widening of net loss to Rs 52.78 crore, while...
Beauty & Wellness
L’Oréal India FY24 profit marginally down to Rs 487.46 cr, sales up 12.6%
PTI -
L'Oreal India had reported a profit of Rs 488.35 crore and its revenue from operations was at Rs 4,952.55 crore a year earlier, for 2022-23New Delhi: Comestic major L'Oréal India reported a marginal decline in profit to Rs 487.46...
E-Commerce
Alphabet gets CCI’s clearance to acquire stake in Flipkart
PTI -
Shoreline International Holding is a wholly-owned subsidiary of Google’s parent firm Alphabet IncNew Delhi: The Competition Commission on Tuesday granted approval to Alphabet’s arm Shoreline International Holdings LLC to acquire a stake in Walmart group firm Flipkart.Shoreline International Holding...
Fashion & Lifestyle
NEWME aims to triple its consumer base to 12 million by 2025: Co-founder Sumit Jasoria
Sumit Jasoria, co-founder of NEWME, elaborates on the brand’s origin, its use of technology, online and offline expansion strategies, and more…Bengaluru: Gen-Z represents the future spending power in luxury and holds the current spending power in affordable premium and...
Beauty & Wellness
Baby & Mom Retail eyes Rs 100 crore revenue by 2025
The retailer is also planning a public listing, with an IPO anticipated at a valuation of Rs 280 crore by 2026Bengaluru: Baby & Mom Retail, a house of brands in the baby care, skin care, pet care, and bedding...
Finance & Funding
True Diamond raises $1 million in seed funding to expand lab-grown diamond venture
PTI -
The funding round was led by Titan Capital and also saw participation from Huddle Ventures, Zeropearl Ventures, and several notable angel investors including founders from RENÃ E Cosmetics, Mamaearth, Tracxn, and AstrotalkNew Delhi: True Diamond, a startup specializing in...
FMCG
HUL Board approves demerger of ice cream business into an independent listed entity
PTI -
The existing shareholders of HUL will receive shares in the new entity in proportion to their shareholding in HULNew Delhi: FMCG major Hindustan Unilever Ltd. (HUL) on Monday said its board has approved the demerger of the ice cream...
Latest News
Allcargo Gati launches direct delivery services via air to Imphal, Varanasi
PTI -
This expansion of the air express service, which is directly connected to 34 commercial airports pan-IndiaMumbai: Express logistics operator Allcargo Gati on Monday announced the launch of a direct delivery service via air to Imphal in North-east and Varanasi...
Food & Beverage
abCoffee appoints former OYO leader Rohit Tiwari as President of Operations
With the new appointment abCoffee is aiming to accelerate its expansion and innovationBengaluru: Home-grown specialty coffee chain abCoffee has appointed Rohit Tiwari as its new president of operations, in a strategic move aimed at accelerating its expansion and innovation,...
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Latest News
Bombay Brasserie enters Northeast with first outlet in Guwahati
The outlet in Guwahati is the 10th unit of the leading food chain and is the first in a...
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