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retail industry in India

Nestle India to pay 4.5% royalty to parent firm after shareholders reject hike

The shareholders rejected the proposal last month with 57.18% of the total votes against the ordinary resolution and 42.82% of the votes in favourNew Delhi: FMCG major Nestle India on Wednesday said it will continue to pay royalty to...

Costa Coffee posts 49% rise in revenue to Rs 152 cr in FY24, adds 67 new stores

DIL is having rapid expansion of Costa Coffee network in India, driven by the growing young populationNew Delhi: British coffee chain Costa Coffee reported a 49% growth in revenue from operations to Rs 151.8 crore in India, Devyani International...

Brigade Enterprises to invest Rs 8,000 cr in Chennai by 2030 to build malls, offices, homes among other things

In Chennai, Brigade Group has already completed over 5 million square feet across residential, office, hospitality and retail real estate  New Delhi: Realty firm Brigade Enterprises Ltd on Wednesday announced an investment of Rs 8,000 crore in Chennai property market...

Skincare startup Foxtale raises $18 mn in funding round

 Foxtale is a digital-first business, with 90% of its revenue driven digitallyNew Delhi: D2C skincare brand Foxtale on Wednesday said it has raised $18 million (about Rs 150 crore) in a funding round led by Singapore-based Panthera Growth Partners...

BLive Unveils EV Rental Program For Last-Mile Delivery Operators

The program offers premium EVs from renowned brands such as TVS, Ather, Bounce, and Revolt on flexible renting termsNew Delhi: E mobility platform BLive has launched BLive EZY EV Rental Program to combat the financial challenges faced by delivery...

DPIIT officials, Flipkart, toy makers to meet on Wednesday on ways to increase sourcing

Participation from Flipkart, Walmart and the Toy Association of India is expected to be around 100 participantsNew Delhi: Senior officials from the Commerce and Industry Ministry, Walmart group firm Flipkart and domestic toy makers will discuss on Thursday ways...

Channel Play: From silos to seamless

A look at the evolution of different channels from functioning independently to becoming unified New Delhi: The lines between offline and online have blurred and the channels once seen as cannibalising each other today have become complementary. Just like offline...

Snapdeal signs MOU with Bhashini to Boost Digital Inclusion in India

 The MOU was signed between Bharat Venishetti of Snapdeal and Amitabh Nag, CEO of Bhashini New Delhi: E-commerce platform Snapdeal has signed a Memorandum of Understanding (MOU) with Digital India Bhashini, an Independent Business Division established by Ministry of Electronics and Information...

Hisense India Appoints Pankaj Rana as CEO

Rana will be responsible for expanding the customer base, strengthening the brand’s presence and overall growth of the companyNew Delhi: Consumer electronics and home appliances company Hisense India has appointed Pankaj Rana as its new Chief Executive Officer (CEO),...

Kurlon unveils new logo and brand campaign

The campaign will last five weeks across TV, Digital and below-the-line touchpoints New Delhi: Sheela Foam Ltd. has re-branded its mattress brand Kurlon with a new logo and tagline (Life Banegi Hula Hula) to commemorate the brand’s 60th anniversary, the company...
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Le Pain Quotidien re-enters Indian market, targets 100 outlets by 2035

The QSR chain targets a brand valuation of Rs 1,000 crore over the next decade Bengaluru: Belgian bakery and restaurant brand...
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