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Inflation rises to 3-month high of 5.55% in November

Inflation based on the Consumer Price Index (CPI) was 4.87% in October and 5.88% in November 2022, the government data released showedNew Delhi: Snapping its declining trend, retail inflation rose to a three-month high of 5.55% in November on...

Automatic payment limit via UPI raised to Rs 1 lakh: RBI

UPI has emerged as a preferred mode of payment for a large section of the population with over 11.23 billion transactions recorded in November New Delhi: On Tuesday, the Reserve Bank of India increased the limit for automatic payments through...

beatXP sales rise 11 times to Rs 250 crore during festive season sale

beatXP, which sells fitness technology products, claims to have registered sales of only Rs 22 crore during the September-November festive season a year agoNew Delhi: Smart devices company beatXP sales grew by 11 times to around Rs 250 crore...

Beauty brand Nat Habit raises $10.2 million in series B funding

The company is currently clocking an Annual recurring revenue (ARR) of Rs 82 Crore New Delhi: D2C Ayurvedic beauty and wellness brand Nat Habit has raised $10.2 million in series B funding led by Bertelsmann India Investments (BII), a release by...

Fitness service platform Cult.fit partners with Unicommerce

Cult.fit will use Unicommerce’s service to streamline the supply chain operations for smart fitness products New Delhi: Bengaluru-based fitness service and product platform Cult.fit has partnered with e-commerce enabling platform Unicommerce, a release by Unicommerce stated on Tuesday. According to the release,...

Fashion brand Mango Man opens store in Gujarat

Mango the parent brand of Mango Man has over 2560 stores across the world New Delhi: European fashion brand Mango Man has announced a new store at the Inorbit Mall in Vadodara, Gujarat, according to a social media post by...

Youth, Bharat will drive the next wave of growth for Digital Commerce & D2C: Experts

More D2C brands will emerge from tier 2 or tier 3 cities and youth are driving digital commerce with 80% purchases from the channel according to experts speaking at the Internet Commerce Summit in Bengaluru Bengaluru: Tier 2 and tier...

Fashion brand JadeBlue opens 35th store in India

The new stand-alone store is located in Surat, Gujarat and is spread across 4,000 sq. ft. of real estateBengaluru: Men’s clothing retailer JadeBlue has launched its 35th store in India, a company official wrote on social media on Sunday....

Relaxo Footwears to acquire land parcel at Bhiwadi at Rs 135 crore

The acquisition will be funded through internal accruals post the necessary statutory approvalsNew Delhi: Leading shoemaker firm Relaxo Footwears Ltd on Monday said it will acquire a 30-acre land Parcel in Bhiwadi, Rajasthan, at Rs 135 crore.The land at...

Home decor brand Nestasia opens first store in North

Nestasia plans to open over 20 stores in 2024 New Delhi: Home decor brand Nestasia has announced the inauguration of its first offline store in Delhi, a release by the company stated on Monday. The new 580 sq. ft. outlet is...
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Latest News

Shoppers Stop posts net loss of Rs 22.72 cr in Q1

The company posted a consolidated net profit of Rs 14.49 crore in the corresponding period last fiscal, Shoppers Stop...
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