retail industry growth
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Godrej Consumer stock plunges 9%
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The BSE FMCG Index slumped 408.75 points or 1.93%New Delhi: Shares of Godrej Consumer Products plunged 9% on Monday after the FMCG company reported a weak mid-quarter business update, highlighting demand headwinds.The scrip of the company declined 8.72% to...
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UPI Lite: RBI raises limit of wallet to Rs 5,000, per transaction to Rs 1,000
UPI Lite transactions are offline to the extent that an Additional Factor of Authentication (AFA) is not required, and transaction alerts are not sent in real-timeNew Delhi: The Reserve Bank on Wednesday increased the UPI Lite wallet limit to...
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Audio brand Boult partners with Cashify
The partnership aims to strengthen Boult’s retail footprint, ensuring easier access to its range of productsNew Delhi: Audio brand Boult has announced a partnership with Cashify, a re-commerce platform, to bring its audio products to a broader customer base. This...
In Focus
At Good Glamm, AI chatbots have slashed workload by 70-80%: Deep Ganatra, CPTO
Deep Ganatra, chief product & technology officer (CPTO), The Good Glamm Group, sheds light on the role of technology in the beauty and wellness industry and its impact on personalisationNew Delhi: With almost two decades of experience in the...
Shopping Centres
Demand for retail space in malls, high streets in top 8 cities up nearly 5% in Jan-Sep
According to Cushman & Wakefield data, the leasing of retail space in high streets increased to 3.82 million square feet during January-September.New Delhi: Leasing of retail space in shopping malls and prominent high streets rose nearly 5% during January-September...
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Daewoo partners MK Enterprise as authorised partner in Gangapur City
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The company will provide a range of energy and power products, automotive batteries, and electronicsNew Delhi: Korean brand Daewoo has entered into a partnership with MK Enterprise as its authorised channel partner in Gangapur City, a key hub for...
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The Good Glamm Group completes acquisition of The Moms Co.
The brand has also expanded its international footprint, retailing in prominent UAE stores like Carrefour and Lulu, with plans to further extend into new international markets since the acquisition.New Delhi: The Good Glamm Group, a direct-to-consumer beauty and personal...
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Prithviraj Jewels opens new store in south extension
The South Extension store will feature a selection of fine diamond jewellery, including rings, bangles, bracelets, necklaces, and Polki pieces.New Delhi:Â Delhi-based Prithviraj Jewels has opened a new store at E-31, South Extension II, New Delhi, a release by the...
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Trent Q2 profit grows 47% to Rs 335 cr; sales jumps 39.3%
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Trent's total expenses rose 48.49% to Rs 3,743.61 crore in the September quarter.New Delhi: Tata Group retail firm Trent Ltd on Thursday reported a 46.9% growth in its consolidated net profit to Rs 335.06 crore for the second quarter...
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Brookfield India REIT plans to raise up to Rs 3,500 cr via issue of unitholders
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The company also announced the distribution of Rs 220.8 crore for the second quarter of this fiscal to unitholders.New Delhi: Brookfield India Real Estate Trust on Thursday announced plans to raise Rs 3,500 crore through the issue of units...
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Starbucks ‘fully committed’ to Indian market, says India JV Tata Starbucks
Tata Starbucks is a 50:50 joint venture between Tata Group FMCG arm Tata Consumer Products Ltd (TCPL) and US-based...
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