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retail industry growth in india

Illicit trade valued at Rs 7,97,726 cr in India: Report

The report highlights that the illicit market for textiles and apparel alone stands at Rs 4,03,915 crore, accounting for over 50% of the total illicit trade.New Delhi: A new report launched by FICCI CASCADE, in collaboration with the Thought Arbitrage...

Flipkart influencing prices for select sellers, funding discounts, alleges Madras HC lawyer

Madras High Court lawyer K Narasimhan claimed that the matter had been brought to his attention by sellers on FlipkartNew Delhi: E-commerce major Flipkart is offering discounts at product level for select sellers, a Madras High Court lawyer alleged...

Sizing up footwear brands in India

Taking stock of the brands that have a strong foothold in the Indian market IndiaRetailing Insights: The footwear scene in India is exploding with many brands vying for a share of the consumer’s share of wardrobe. Owing to the increased interest...

Bhumika Group expands footprint with new project on Gurgaon’s MG Road

This strategic acquisition strengthens Bhumika's presence in the Delhi NCR region, with an expected topline of approximately Rs 300 crore from the projectNew Delhi: Bhumika Group, Rajasthan’s leading shopping mall developer, has signed a new commercial project on MG...

Ace Turtle eyes Rs 1,000 cr revenue by FY28, plans to bring one new global brand every year 

The company’s long-term goal by FY 2035 is to grow Lee, Wrangler, Toys"R" Us and Dockers into Rs 500 crore each.New Delhi: Bengaluru-based tech and integrated manufacturing retail company Ace Turtle, which operates brands like Lee, Wrangler, Toys "R"...

Zepto retains lead in LinkedIn’s 2024 list of India’s top startups

Zepto was followed by compliance firm Sprinto and cloud storage management platform Lucidity..New Delhi: Quick commerce platform Zepto, for the second consecutive year, has been ranked first in LinkedIn Top Startups India List 2024 -- an annual ranking of emerging...

Uniqlo turns five in India, announces two new stores

The two new upcoming stores will be located in Delhi and Mumbai New Delhi: Japanese fashion retail brand Uniqlo completes five years in India, a release by the company said on Wednesday. The company opened its first store in October...

Footwear brand Kneetoes eyes global expansion; GCC, US in focus: Founders Shujat Khan, Shahyan Khan

Kneetoes founders Shujat Khan and Shahyan Khan shed light on the brand's journey and the prospects for the brands in the Indian footwear industry.New Delhi: In 2018, Shujat Khan and Shahyan Khan acquired Kneetoes, then a shoe brand that...

Phoenix Mills acquires 2 plots in Mohali for Rs 891 cr to build retail spaces

The Phoenix Mills Ltd's developments are spread across retail, hospitality, commercial offices and residential asset classesNew Delhi: Realty firm The Phoenix Mills Ltd has won bids to acquire two prime plots in Mohali totalling 13.14 acres for Rs 891 crore...

Oman India Investment Fund sells shares worth Rs 75 cr in Senco Gold

Meanwhile, ICICI Prudential Life Insurance purchased 4.90 lakh shares, amounting to a 0.63% stake in Senco Gold at an average price of Rs 1,280 per pieceNew Delhi: Oman India Joint Investment Fund's arm on Monday sold shares of jewellery...
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True Diamond raises $1 million in seed funding to expand lab-grown diamond venture

The funding round was led by Titan Capital and also saw participation from Huddle Ventures, Zeropearl Ventures, and several...
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