Retail India
Latest News
Tourism, hospitality sector expected to create 50 million jobs: HAI
PTI -
The infrastructure status for the hospitality sector can push up investments not only to create accommodation but also in the process boost income and employment generation, HAI President Puneet Chhatwal said while speaking here at the 6th HAI Hoteliers'...
Food & Grocery
India’s vegetable oil imports fall 28% in January
PTI -
As on February 1, total edible oils stock stood at 26.49 lakh tonnes, down 7.64% from that of the year-ago period, it said in a statementNew Delhi: The country's vegetable oil imports declined by 28% to 12 lakh tonnes...
FMCG
Focusing on competitive volume growth in India, expects price cut, says Unilever
PTI -
Unilever's sales were flat in the fourth quarter as pricing turned negative, mainly driven by price reductions in fabric cleaning and skin cleansing bars due to commodity movementsNew Delhi: Multinational FMCG firm Unilever is focusing on driving competitive volume...
fintech
Paytm Payments Bank’s independent director resigns from board
PTI -
The RBI on January 31 directed the Paytm Payments Bank to stop accepting deposits or top-ups in customer accounts, wallets, FASTags and other instruments after February 29New Delhi: Paytm Payments Bank independent director Manju Agarwal is learnt to have...
E-Commerce
Number of merchants on ONDC expected to multiply in coming year, says MD & CEO Koshy
PTI -
Koshy was speaking after an agreement signing ceremony between QCI and ONDC at the launch of the DigiReady Certification (DRC) portalNew Delhi: The government-promoted Open Network for Digital Commerce has around 3 lakh merchants and the count is expected...
Latest News
Skye Air enters into partnership with SMILe to deliver shipments via drones
PTI -
The introduction of drone delivery services will provide Shree Maruti sellers with the ability to offer same-day and next-day deliveriesNew Delhi:Â Logistics solution provider Skye Air on Wednesday said it has entered into a partnership with e-commerce enablement platform SMILe...
Latest News
Meesho reduces logistics cost by 5% through SaaS-platform Valmo
PTI -
The platform will incorporate local logistics suppliers to provide shipment services to the company, making the logistics seamless, and helping sellers on Meesho to save on operating costsNew Delhi: E-commerce firm Meesho on Wednesday said it has reduced its...
Finance and Funding
Trent shares soar over 19% on strong Q3 earnings
PTI -
The company's market valuation climbed Rs 20,431.64 crore to Rs 1,28,304.31 croreNew Delhi: Shares of retail firm Trent Ltd on Wednesday zoomed over 19% after the company reported a two-fold rise in consolidated net profit to Rs 370.64 crore...
Finance & Funding
D2C brand Koparo raises Rs 6 crore from 4P Capital Partners, Shark Tank India
Round comes after they raised Rs 12 crore as Pre-Series A led by Saama Capital in Feb 2023
New Delhi:Â Delhi-based D2C home care brand Koparo has raised a funding of Rs 5.2 crore from 4P Capital Partners and Rs 70...
Marketing
Regulation on advertisement tech in third term of Modi govt: MoS IT
PTI -
The minister said the government acted against deep fakes immediately before the world reacted to itNew Delhi: The government plans to come up with regulations for advertisement technology or big platforms that are gatekeepers of online content monetisation in...
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Latest News
Ex-Zomato executive-owned F&B company Ninecamp Ventures raises Rs 16 cr seed funding
The proceeds will be allocated to enhancing the brand portfolio, acquiring prime real estate, recruiting talent, and investing in...
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