retail business news
FMCG
Nestle India to pay 4.5% royalty to parent firm after shareholders reject hike
PTI -
The shareholders rejected the proposal last month with 57.18% of the total votes against the ordinary resolution and 42.82% of the votes in favourNew Delhi: FMCG major Nestle India on Wednesday said it will continue to pay royalty to...
Fashion & Lifestyle
Gargi by PNGS to open its 25th shop in shop
The fashion jewellery chain’s new outlet will be in Vijayawada, Andhra Pradesh
New Delhi: Fashion jewellery retailer Gargi by P N Gadgil & Sons (PNGS) is set to open its 25th shop-in-shop (SiS) outlet at Shoppers Stop in Andhra Pradesh,...
Consumer Durables & IT
Oppo to integrate 100 GenAI feature across all smartphones for 50 mn users
PTI -
The brand has set up an AI R&D Centre to develop proprietary technologies and is collaborating with US technology majorsNew Delhi: Chinese smartphone maker Oppo plans to integrate 100 generative AI features across its smartphones for around 50 million...
Food & Beverage
Cola, ice creams sell like hot cakes amid prolonged heat spell
PTI -
With temperatures soaring across the country, consumers are looking for refreshing and hydrating beverages to beat the heat this summerNew Delhi: Companies manufacturing cola, beverages, ice creams, and other hydrating products have witnessed a steady rise in demand in...
Fashion & Lifestyle
Nike opens experience store in Pacific Mall
The store will offer athleisure, running, training, lifestyle and Jordan products along with Nike sports bras, tights and performance essentials
New Delhi: US based athleisure brand Nike has opened a new store at Pacific Mall in Delhi, a social media...
Food & Beverage
Star Bazaar opens new store in Hyderabad
The latest store is situated above Trent’s Zudio store and is located in Hyderabad’s Saroornagar located at Vijay Nagar Colony, Bhagya NagarNew Delhi: Tata Trent’s hypermarket chain Star Bazaar has opened a new store in Telangana’s Hyderabad, a social media...
E-Commerce
ONDC Network records 5 million retail orders in May 2024
Delhi, Uttar Pradesh, and Maharashtra remained the top three states in terms of Network orders
New Delhi:Â The Open Network for Digital Commerce (ONDC) recorded 8.9 million transactions across retail and ride-hailing segments and 23% month-on-month increase in total transaction...
Fashion & Lifestyle
Kalyan Jewellers to invest Rs 42 cr to complete Candere buyout
PTI -
Kalyan Jewellers first acquired a majority stake in Candere in 2017 to enter the online jewellery marketNew Delhi: Kalyan Jewellers said on Monday it will acquire the remaining 15% stake in its e-commerce subsidiary Enovate Lifestyles, which operates under...
Latest News
Bikanervala Foods not to hike prices of sweets as of now; to absorb increase in milk prices
PTI -
We are absorbing the increased cost of milk and have no immediate plans to pass it on to our consumerNew Delhi: Bikanervala Foods Ltd said it will not increase the prices of sweets as of now and has decided...
Consumer Durables & IT
Croma Opens its Largest Store in Bhiwadi at Legend Centra MallÂ
Spanning an impressive 10,000 sq. ft., this store offers a wide range of electronics and home appliances
New Delhi: Consumer electronics retail chain Croma, owned by Tata Group, has opened its largest store in Bhiwadi at the Legend Centra...
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Latest News
Reliance Retail Q1 profit rises 4.6 % to Rs 2,549 crore
The retail behemoth also recorded 18.87% increase in number of footfalls at its stores at 296 million in the...
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