Retail expansion
In Focus
Retailers’ wishlist for Budget 2024: Roadmap for long-term growth; reduce import duties
Support for MSMEs and investment in digital infrastructure rank among the foremost requests of industry representatives for the upcoming Union Budget 2024
Bengaluru: As the newly-elected NDA government is getting ready to present this year's Union Budget on 23 July,...
Consumer Durables & IT
Toshiba Group to invest 10 bn Japanese yen in India to expand capacityÂ
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Toshiba Group has positioned power T&D as a focused business and will invest about JPY 10 billion (over Rs 500 crore) in TTDI to expand its capacity.New Delhi: Toshiba Group said it will invest 10 billion Japanese yen (over...
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Havells India Q1 net profit up 42% at Rs 407.51 crore
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The company had posted a consolidated net profit of Rs 287.07 crore in the same quarter last fiscalNew Delhi: Havells India Ltd on Thursday reported a 42 per cent jump in consolidated net profit at Rs 407.51 crore in...
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Bigbasket launches SaaS based supply chain platform BB Matrix
BB Matrix enables user organisations to get real-time updates, quickly track bottlenecks and take data-backed decisionsBengaluru: Omnichannel grocery delivery firm Bigbasket has launched BB Matrix, an end-to-end software as a service (SaaS) based supply chain platform that offers complete...
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Ecom Express named among India’s Best Workplaces in Transportation and Logistics by Great Place to Work
This is the third consecutive year that the company has been certified as a Great Place to WorkBengaluru: Technology-driven end-to-end logistics solutions provider Ecom Express has been recognised amongst the best in the transportation and logistics industry by the...
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India an important market for Canon, looking for double-digit growth: Company official
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In Asia, Canon India has been number one in terms of sales growth in the last decadeBengaluru: India is among the "important markets" globally for Canon, where the Japanese multinational will continue its "double-digit growth" helped by a growing...
Fashion & Lifestyle
New York-based fashion brand Waimea to expand offline in India
The retailer has already partnered with multi-brand outlet Tipsy Topsy and is currently in talks with other retailers including Ant Eye
Bengaluru:Â Waimea, a denim menswear brand from New York is targeting offline expansion in India, less than two months after...
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Motilal Oswal MF sells Zomato shares for Rs 646 crore
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Motilal Oswal MF sold more than 2.84 crore shares or 0.3 per cent stake in Gurugram-based ZomatoNew Delhi: Motilal Oswal Mutual Fund (MF) on Tuesday divested its stake in online food delivery aggregator Zomato for Rs 646 crore through...
Food & Beverage
Super Chai to launch Super Coffee, aiming for 100 stores in 3 years
The company is also targeting to launch more than 100 stores of Super Chai in the next three years
Bengaluru: New Delhi-based tea retail chain Super Chai is extending its portfolio into new coffee concept Super Coffee, that is set...
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India’s gems, jewellery exports dip 13.44% in June to Rs 15,939.77 cr: GJEPC
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The total gems and jewellery exports stood at Rs 18,413.88 crore ($2,240.77 million) during June 2023Mumbai: India's overall gems and jewellery exports witnessed an on-year decline of 13.44 per cent in June at Rs 15,939.77 crore ($1,909.57 million) amid...
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IKEA FY24 loss widens to Rs 1,299 cr, revenue up 4.5% to Rs 1,809.8 cr
Ikea India reported a loss of Rs 1,133 crore and its revenue from operations was at Rs 1,731.6 crore...
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