retail industry growth
Consumer Durables & IT
Canon aims India to contribute over a fifth of Asia revenue by 2035
PTI -
The company will be focusing on expanding the channel coverage by deepening its distribution in tier-2 and tier-3 citiesNew Delhi: Electronics major Canon is eyeing to increase India's contribution in the Asia revenue pie to over a fifth by...
Finance and Funding
Testsigma raises $8.2 million to expand GenAI vertical
PTI -
This fundraise will help us invest more in product engineering and will help us accelerate the various projectsNew Delhi:Â Software startup Testsigma on Wednesday said it has raised $ 8.2 million in a funding round led by MassMutual Ventures, and...
Food & Beverage
Cola, ice creams sell like hot cakes amid prolonged heat spell
PTI -
With temperatures soaring across the country, consumers are looking for refreshing and hydrating beverages to beat the heat this summerNew Delhi: Companies manufacturing cola, beverages, ice creams, and other hydrating products have witnessed a steady rise in demand in...
Fashion & Lifestyle
Metro Brands announces recycling initiative this World Environment Day
The company is aiming for 75% coverage of recycling old, discarded footwear and comprehensive coverage by FY 25–26
New Delhi: Footwear retailer Metro Brands Ltd. will strengthen its commitment to process old, discarded footwear (ODF) in partnership with ReCircle and...
E-Commerce
Food delivery, e-commerce platforms unite to protect their delivery partners from heatwave
PTI -
To address any health/medical emergency, a 15-minute ambulance and 24x7 SOS support is made available in 530-plus cities for all delivery partnersNew Delhi: With large swathes of India being under the grip of heatwave and several cities recording...
Food & Beverage
Star Bazaar opens new store in Hyderabad
The latest store is situated above Trent’s Zudio store and is located in Hyderabad’s Saroornagar located at Vijay Nagar Colony, Bhagya NagarNew Delhi: Tata Trent’s hypermarket chain Star Bazaar has opened a new store in Telangana’s Hyderabad, a social media...
E-Commerce
ONDC Network records 5 million retail orders in May 2024
Delhi, Uttar Pradesh, and Maharashtra remained the top three states in terms of Network orders
New Delhi:Â The Open Network for Digital Commerce (ONDC) recorded 8.9 million transactions across retail and ride-hailing segments and 23% month-on-month increase in total transaction...
Fashion & Lifestyle
Kalyan Jewellers to invest Rs 42 cr to complete Candere buyout
PTI -
Kalyan Jewellers first acquired a majority stake in Candere in 2017 to enter the online jewellery marketNew Delhi: Kalyan Jewellers said on Monday it will acquire the remaining 15% stake in its e-commerce subsidiary Enovate Lifestyles, which operates under...
Latest News
Govt asks advertisers to submit self-declaration certificate from June 18
PTI -
The self-declaration has to be submitted for all new print, digital, television and radio advertisementsNew Delhi: The government on Monday asked all advertisers and advertising agencies to submit a self-declaration certificate making it clear that the advertisement does...
Latest News
FSSAI asks food biz to remove claim of 100% fruit juice from ads, packaging labels
PTI -
Such claims are misleading, particularly under conditions where the major ingredient of the fruit juice is water and the primary ingredientNew Delhi: Food regulator FSSAI has asked food business operators to immediately remove claims of 100% fruit juices in...
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Latest News
AC makers’ profits soar in April-June amid blistering heat
Companies such as Voltas, Blue Star, Whirlpool of India, Johnson Hitachi, and Havells which owns the Llyods brand have...
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