Retail in India
In Focus
Lulu Mall opens in Kottayam, Kerala
Covering an area of over 2.5 lakh sq. ft., the new Lulu Mall will feature more than 20 egional, national, and international brandsBengaluru: Multinational conglomerate company Lulu Group has unveiled its newest neighbourhood shopping mall in Kottayam, Kerala.Covering an...
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American clothing brand Hollister to enter India with Myntra
Hollister will make its entry into India through a franchise partnership with Myntra Jabong, the B2B wholesale arm of MyntraBengaluru: American clothing brand Hollister, owned by Abercrombie & Fitch, will enter the Indian market through a franchise partnership with...
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Xiaomi’s Redmi Note 14 to be available on Bigbasket Now Electronics
The smartphone will be delivered within 10 minutes of placing an orderBengaluru: Tata-owned omnichannel grocery delivery firm Bigbasket will be offering Xiaomi’s newly launched smartphone Redmi Note 14 through its quick commerce platform Bigbasket Now Electronics, starting 13 December,...
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P N Gadgil & Sons climbs to rank 280 from 471 on Fortune 500 India list
It is the first Marathi jewellery brand to be on the Fortune 500 India listBengaluru: Homegrown jewellery brand P N Gadgil & Sons Ltd. has secured its place on the Fortune 500 India list for the second time, climbing...
E-Commerce
Meesho records 35% YoY increase in orders in 2024
Its growth is attributed to factors such as increased demand from smaller towns, rise in Gen Z shoppers, and innovations in generative artificial intelligence (AI)Bengaluru: Indian e-commerce marketplace Meesho has recorded around 35% year-over-year (YoY) increase in orders in...
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Zomato gets Rs 803.4 cr tax demand from GST authorities
PTI -
The company said it will file an appeal before the appropriate authority as it believes it has a strong caseNew Delhi: Food delivery aggregator Zomato said on Thursday that the GST department in Thane had imposed a tax demand...
Research
‘Gender Gap in the Business Correspondent Industry: Evidence from the Field’ by PayNearby & Grameen Foundation
The report highlights opportunities and barriers women encounter as they work towards financial independence through their business correspondents (BC) operations‘Gender Gap in the Business Correspondent Industry: Evidence from the Field’, a joint report by branchless banking network PayNearby and...
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BlueStone Jewellery and Lifestyle files draft IPO papers with Sebi; eyes Rs 1,000 cr via fresh issue
PTI -
The proposed IPO is a combination of a fresh issue of shares worth Rs 1,000 crore and an offer for sale (OFS) of up to 2.4 crore equity shares by selling shareholdersNew Delhi: BlueStone Jewellery and Lifestyle, which offers...
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Vishal Mega Mart IPO sails through; subscribed 1.53 times on Day 2
PTI -
The portion for non-institutional investors attracted 3.80 times subscription while the share of Retail Individual Investors (RIIs) got subscribedNew Delhi: The Rs 8,000 crore initial share sale of supermarket chain Vishal Mega Mart got fully subscribed on the second...
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PC Jeweller board approves issue of 5.17 cr shares to lenders for settling debt
PTI -
PC Jeweller has opted for OTS (one-time settlement) for its outstanding dues with a consortium of banksNew Delhi: PC Jeweller Ltd.'s board has approved issuance of over 5.17 crore equity shares to a consortium of lenders, including SBI, to...
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Nandini launches protein-infused idli-dosa batter for urban consumers in Karnataka
According to KMF, the batter will be available in two pack sizes and will be sold at milk parloursBengaluru:...
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