retail industry growth in india
Food & Beverage
Zoff eyes Rs 450 cr by 2029, focus on offline expansion: Co-founder Akash Agrawalla
The Shilpa Shetty-endorsed brand is present in over 5,000 mom-and-pop stores with plans to expand it further.New Delhi: Raipur-based food and manufacturing company Zoff (Zone of fresh foods) which sells spices and dry fruits online eyes a revenue of...
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Xiaomi India head Muralikrishnan B resigns
PTI -
Xiaomi made a comeback to the top position in the second quarter of 2024, but it again lost the position to VivoNew Delhi: Chinese smart devices firm Xiaomi's India head Muralikrishnan B has resigned from the company to pursue...
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Titan Q2 net profit down 23.1% to Rs 704 cr, sales up 25.8%
PTI -
The company posted a net profit of Rs 916 crore in the July-September quarter a year ago, according to a regulatory filing from Titan.New Delhi: Leading jewellery and watchmaker Titan on Tuesday reported a 23% decline in its consolidated...
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Swiggy seeks valuation of $11.3 bn; IPO to open on Wednesday
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Swiggy has set a price band of Rs 371 to Rs 390 per share for its maiden public issue. The issue will open for public subscription on November 6 and conclude on November 8New Delhi: Food delivery and quick-commerce...
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Unicommerce posts PAT growth of 21%+ YoY in Q2FY25, 25%+ YoY in H1 FY25
Additionally, the number of processed order items increased by 21.9% YoY to 232.8 million in Q2FY25 and by 27.6% YoY to 445.6 million in H1FY25.
New Delhi: Gururgam-based software as a service (SaaS) company Unicommerce eSolutions Limited has announced its...
Retail
Businesses expect resounding sales as Diwali shoppers balance budget and big expectations
PTI -
Gift cards are not just hassle-free for the ones gifting but also allow the recipients the freedom of choice.New Delhi: The roads are jammed and shops chock-a-block as people make beelines for malls and markets to grab just the...
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Swiggy says unaffected by urban demand slump; launches Rs 11,330-cr share sale
PTI -
The issue comes amid a series of IPOs in the recent past including South Korean car maker Hyundai's mega Rs 28,000-crore issue.New Delhi: Food delivery app Swiggy on Wednesday launched a Rs 11,330-crore initial share sale, asking investors to...
In Focus
Apple sets all-time revenue record in India: CEO Tim Cook
PTI -
The company reported an over 6% growth in total net sales to $94.93 billion during the reported period from $89.49 billion a year agoNew Delhi: iPhone maker Apple has set an all-time revenue record in India and observed a...
Fashion & Lifestyle
Meesho narrows adjusted losses to Rs 53 cr in FY’24
PTI -
Meesho's revenue from operations grew by 33% to Rs 7,615 crore in FY'24, from Rs 5,735 crore in FY'23.New Delhi: Softbank-backed Meesho on Wednesday said it has narrowed adjusted losses to Rs 53 crore in the financial year ended...
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Amazon ties up with HPCL for low carbon fuels
PTI -
Amazon India also said that both companies will engage with government bodies and industry think tanks to support policies that promote the scaling of LFCs in the countryNew Delhi: Amazon India on Monday said it has signed an initial...
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Thermocool Appliances eyes Rs 190 cr revenue in FY25, plans IPO, international expansion
The brand is considering an IPO in the next 2–3 years
New Delhi:Â Ghaziabad-based consumer electronics brand Thermocool Appliances Ltd plans...
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