retail industry in India
Fashion & Lifestyle
V-Mart Retail Q3 profit up 41.3% at Rs 28.23 crore
PTI -
Its revenue from operations was up 14.43 per cent to Rs 889.05 crore during the quarter under review. It was at Rs 776.88 crore in the corresponding quarterNew Delhi: V-Mart Retail Ltd on Monday reported a 41.36 per cent...
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Nexus Select Trust posts Rs 107 crore profit in Dec quarter
PTI -
The company announced the distribution of Rs 303 crore to unitholders in the form of interest and dividendNew Delhi: Nexus Select Trust -- the country's first retail space-backed REIT-- on Tuesday reported a consolidated net profit of Rs 106.85...
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Nykaa Q3 net profit almost doubles to Rs 16 crore
PTI -
The company's net profit stood at Rs 8.19 crore in the corresponding quarter of the previous yearNew Delhi: Lifestyle e-commerce platform Nykaa on Tuesday reported a 97.55% rise in its consolidated net profit to Rs 16.18 crore for the...
Fashion & Lifestyle
Shoppers Stop’s value format Intune opens 2 stores in South India
The new outlets are situated in Maharashtra and TelanganaBengaluru: Department store chain Shoppers Stop has launched two outlets of its value fashion format Intune in South India, a company official wrote on social media. The outlets are situated in...
Fashion & Lifestyle
Malabar Gold & Diamonds enters Australia
Located at 109 Wigram Street in Harris Park within the Little India Precinct, the new outlet will be the largest jewellery showroom in Sydney
Bengaluru:Â Malabar Gold & Diamonds has entered Australia with its new showroom in Sydney marking its expansion...
Food & Beverage
Gopizza to reach 100 store mark by the end of 2024
The brand has recently launched its 50th store in India marking 200 stores globallyBengaluru: South Korean pizza brand Gopizza is planning to reach 100 outlets by the end of 2024 in different regions of India and surpass the milestone...
Finance & Funding
Digital commerce platform OTO raises $10 million from cricketer K L Rahul, others
PTI -
The investment is aimed at expanding the company's presence to over 30 cities and strengthening its existing partnershipsMumbai: Digital commerce platform OTO on Tuesday said it raised $10 million (around Rs 83 crore) from a clutch of investors, including...
Food & Beverage
Govt plans to do away with multiple certifications for food products; only FSSAI nod mandatory
PTI -
FSSAI will issue a draft notification in this regard and will seek stakeholders’ comments before finalising the amendmentsNew Delhi: The government has approved various amendments in food safety and standard regulations, under which only one certification from food regulator...
Fashion & Lifestyle
Apparel Group’s fashion brand R&B opens 6th store in Bengaluru
Situated at HSR Layout, the stand-alone store is the 18th retail outlet of R&B in IndiaBengaluru: Fashion brand Rare and Basics (R&B), owned by Apparel Group has launched its new store in Bengaluru, wrote the retail conglomerate Apparel Group...
E-Commerce
Meesho is the most downloaded shopping app in India: Report
The app witnessed 63 million downloads from 1 October to 31 December 2023
New Delhi: Bengaluru-based e-commerce platform Meesho is India's most downloaded shopping application with 63 million downloads between 1 October to 31 December 2023, as per a report...
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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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