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Retail expansion

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,...

Toshiba Group to invest 10 bn Japanese yen in India to expand capacity 

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...

Havells India Q1 net profit up 42% at Rs 407.51 crore

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...

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...

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...

India an important market for Canon, looking for double-digit growth: Company official

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...

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: Waimea, a denim menswear brand from New York is targeting offline expansion in India, less than two months after...

Motilal Oswal MF sells Zomato shares for Rs 646 crore

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...

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...

India’s gems, jewellery exports dip 13.44% in June to Rs 15,939.77 cr: GJEPC

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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