retail industry growth in india
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AI spending in India may triple to $5 bn by 2027: Report
PTI -
AI spending in India is expected to increase to $5 billion with CAGR of 31.5%New Delhi: Spending on Artificial Intelligence (AI) in the country may triple to $5 billion by 2027, an Intel-IDC report released on Tuesday said.According to...
In Focus
DLF is building Khan Market-style neighbourhood plaza in Gurugram
DLF is already in the process of leasing another Plaza in Moti Nagar in Delhi. The Moti Nagar plaza had around 3 lakh sq ft and is expected to open later this year
New Delhi: DLF Ltd. is building a...
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DLF net profit up 62% in Q4 to Rs 921 cr; FY’24 profit up 34% to Rs 2727cr
PTI -
DLF Ltd has developed more than 158 real estate projects and developed an area in excess of 340 million sq. ft.New Delhi: India's largest realty firm DLF Ltd on Monday reported a 62% increase in its consolidated net profit...
Latest News
Retail inflation eases to 11-month low of 4.83% in April
PTI -
The central bank has projected the CPI inflation for 2024-25 at 4.5%New Delhi: Retail inflation eased to an 11-month low of 4.83% in April as prices of some kitchen items declined though overall food basket firmed up marginally, according...
E-Commerce
Zomato to surrender RBI licence to operate as online payment aggregator
PTI -
Zomato announced the incorporation of ZPPL in 2021 as its wholly owned subsidiary to carry out the business as a payment aggregatorNew Delhi: Food tech major Zomato on Monday said its subsidiary Zomato Payment Pvt Ltd (ZPPL) has decided...
Latest News
Zomato shares decline nearly 4%
PTI -
At the NSE, shares of the company dipped 2.30% to Rs 196.65New Delhi: Shares of online food delivery firm Zomato Ltd on Monday declined nearly 4% on a day the company announced its March quarter earnings.The stock went lower...
Latest News
Delhivery’s AI-based RTO predictor helps brands minimize return shipments
RTO predictor solution enables over 4,800 D2C companies to reduce logistic costs by assessing return risk
New Delhi: Logistics service provider Delhivery has successfully enabled D2C brands by reducing the cost of returns through its AI-powered RTO Predictor, a release...
Food & Beverage
Auditor of Zomato subsidiaries’ resigns
PTI -
Batliboi & Associates, who was appointed for five years resigned w.e.f. May 12, 2024New Delhi: Zomato on Sunday said the auditor of its subsidiaries Zomato Hyperpure and Blink Commerce has resigned with immediate effect, paving the way for the...
FMCG
FMCG companies expect volume growth in FY25 with improvement in revenue
PTI -
HUL said it continues to see positive volume growth across most of its businessNew Delhi: Leading FMCG makers expect a volume-led growth in FY25, with a revival in consumption supported by a lower inflationary environment, projections of a normal...
D2C Buzz
D2C fashion brand Powerlook aims Rs 300 cr GMV this fiscal
PTI -
The brand also has a stronghold in the offline market with good operating revenueNew Delhi: Fashion brand Powerlook looks to hit a gross merchandise value (GMV) of Rs 300 crore this financial year, clocking a more than twofold growth...
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Walmart Foundation provides $2.78mn grants to promote technology in Indian agriculture
Walmart.org represents the philanthropic efforts of Walmart and the Walmart FoundationNew Delhi: Walmart Foundation has provided three new grants...
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