retail business news
E-Commerce
Ecom Express forms strategic tieup with drone firm Skye Air
PTI -
This collaboration represents a significant step forward in the logistics industryNew Delhi: Logistics operator Ecom Express said on Tuesday it has formed a strategic collaboration with drone delivery-technology firm Skye Air in the last-mile delivery space, which would help...
Fashion & Lifestyle
ABFRL Q4 net loss at Rs 266.35 crore, revenue at Rs 3,406.65 cr
PTI -
The established businesses continue to navigate market headwinds while maintaining a sharp focus on profitability enhancementNew Delhi:Â Aditya Birla Fashion and Retail Ltd has reported a consolidated net loss of Rs 266.35 crore for the fourth quarter ended March 2024.The...
Consumer Durables & IT
Lava International appoints Rajesh Sethi as group CFO
PTI -
Sethi has over 27 years of financial management and strategic planning experience, will be responsible for overseeing Lava's financial operationsNew Delhi: Home-grown mobile maker Lava International Ltd has appointed Rajesh Sethi as the new group chief financial officer (CFO),...
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Aparna Construction invests Rs 284 cr to enter into shopping mall, cinema businesses
PTI -
Aparna Constructions has a current portfolio of 77 projectsNew Delhi:Â Realty firm Aparna Constructions and Estates Pvt Ltd on Monday said it has entered into shopping mall and cinema businesses with an investment of Rs 284 crore.In a statement, Aparna...
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Wooden Street turns 9
Omnichannel furniture retailer Wooden Street is celebrating completing nine years with a special sale campaign offering 75% discount on its entire product range
New Delhi: Furniture brand Wooden Street celebrates its 9th anniversary by launching a sale campaign called ‘9YearsofDeliveringHappiness’,...
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Market 99 opens new store in Kolkata
The latest store is located in Avani Riverside Mall, Howrah, KolkataNew Delhi: Delhi based value retailer Market 99 has opened a new store in Kolkata, a top company executive revealed in a social media post.The latest store is located...
In Focus
Bhima Jewellers: Shining Bright Since 1925
From Augmented Reality and virtual try-ons, 99-year-old Kerala-based Bhima Jewellers has moulded itself to stay relevant to today’s digital-savvy customersNew Delhi: The 1925-founded Bhima Jewellers is credited with bringing a paradigm shift—from made-to-order to readymade jewellery—in Kerala’s jewellery trade....
Food & Beverage
Devyani Intl, PVR INOX join hands to operate food courts in shopping malls
PTI -
This partnership will empower DIL and PVR INOX to reach a wider audience and expand their market presenceNew Delhi: Quick service restaurant operator Devyani International Ltd (DIL) and cinema exhibitor PVR INOX on Tuesday said they will jointly establish...
Finance & Funding
Fundraising in retail crossed over Rs 1,100 cr in Q4 FY23-24
A significant contribution to the fundraising in the last quarter also stems from the television reality show Shark Tank Season 3IndiaRetailing Insights: Fundraises in the retail sector in the fourth quarter (Q4) of the financial year (FY) 2023-2024 crossed...
Food & Beverage
Patanjali Foods to evaluate proposal to buy Patanjali Ayurved’s non-food business
PTI -
Patanjali Foods will consider acquiring brands like Dant Kanti and Kesh Kanti of Patanjali AyurvedNew Delhi: Patanjali Foods Ltd, which is mainly into edible oils, on Friday said it will evaluate a proposal to acquire the non-food business of...
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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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