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retail industry in India

Lenskart opens new store in UAE

The new Lenskart store, located at City Center Deira, is the omnichannel eyewear retailer’s 14th in the country New Delhi: Gurugram-based omnichannel eyewear retail chain Lenskart has opened its 14th store in the United Arab Emirates (UAE), as per a...

Paytm e-commerce renamed as Pai Platforms, acquires ONDC seller firm Bitsila

Elevation Capital is the largest shareholder in Paytm E-commerce. It is also backed by Paytm Founder and CEO Vijay Shekhar Sharma, Softbank and eBayNew Delhi: Paytm E-commerce has changed its name to Pai Platforms and has acquired Bitsila, a...

Kate & Oscar debuts in North India, opens store in Ambience Mall, Gurugram

The Brand envisions opening 30 stores across major metro cities at premium locations, within the next three years New Delhi: Kids apparel brand Kate & Oscar has opened a new store at Ambience Mall in Gurugram, marking its debut in...

Zudio opens flagship store in Noida

This would be the second Zudio store in Noida but its first high-street flagship store in the NCR city New Delhi: Tata Group-owned affordable fashion brand Zudio is opening its first flagship store in Noida, an important city of the National...

Focusing on competitive volume growth in India, expects price cut, says Unilever

Unilever's sales were flat in the fourth quarter as pricing turned negative, mainly driven by price reductions in fabric cleaning and skin cleansing bars due to commodity movementsNew Delhi: Multinational FMCG firm Unilever is focusing on driving competitive volume...

Warburg Pincus divests 8.4% stake in Kalyan Jewellers for Rs 2,937 crore

The US-based Warburg Pincus through its arm Highdell Investment Ltd sold shares of Kalyan Jewellers India on NSE and the BSENew Delhi: Private equity major Warburg Pincus on Thursday divested an 8.4 per cent stake in Kalyan Jewellers India...

Grasim Q3 profit down 41.5% to Rs 2,603.43 crore, revenue up 11.6%

The company had posted a net profit of Rs 4,454.59 crore during the October-December quarter a year agoNew Delhi: Aditya Birla Group firm Grasim Industries Ltd on Thursday reported a 41.5 per cent decline in consolidated net profit to...

Number of merchants on ONDC expected to multiply in coming year, says MD & CEO Koshy

Koshy was speaking after an agreement signing ceremony between QCI and ONDC at the launch of the DigiReady Certification (DRC) portalNew Delhi: The government-promoted Open Network for Digital Commerce has around 3 lakh merchants and the count is expected...

ONDC, NCCF, Shiprocket partner to deliver Govt’s low price food item initiative

Through this initiative, residents of the Delhi-NCR (Gurgaon and Faridabad) will be able to order Bharat-branded rice, wheat flour, and lentils online at government-approved pricesNew Delhi: The Open Network for Digital Commerce (ONDC), the National Cooperative Consumers Federation of India...

Chef Harpal Singh Sokhi’s Karigari enters South India

Located at Phoenix Mall of Asia, Bengaluru, the new Karigari outlet is the brand’s eighth restaurant in IndiaBengaluru: Celebrity chef Harpal Singh Sokhi’s North Indian fine-dining restaurant chain Karigari enters South India with the launch of its latest outlet in Bengaluru,...
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Mumbai’s Infiniti Malls working on an omnichannel model

The new model seeks to offer shoppers the convenience of digital shopping while increasing footfall to the two Infiniti...
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