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retail industry in India

Timex Group India closes Q3 FY23-24 with double-digit growth

Growth in licensed brands and e-commerce channels accelerated revenue New Delhi: Watchmaker Timex Group has reported double-digit growth with continuous growth momentum in the Q3 FY23-24, a release by the company said. The quarter saw a revenue growth of 11% over the...

Interim budget to support growth, enhance investors’ sentiment: Industry captains

The banking sector and microfinance institutions also hailed the interim budget presented by Union Finance Minister Nirmala Sitharaman in Parliament on ThursdayNew Delhi: Several industry captains on Thursday lauded the interim budget, stating that it will support the country's...

Bata India Q3 net profit falls 30% to Rs 58 crore

Overall expenses for the quarter were higher at Rs 836 crore compared to Rs 798 crore in the corresponding period last yearNew Delhi: Bata India's consolidated net profit declined by 30% to Rs 58 crore in the December 2023...

Reliance Retail’s Avantra by Trends opens 71st store

The new store is located at Phoenix Marketcity mall, Kurla West, MumbaiBengaluru: Avantra by Trends, an ethnic wear brand by Reliance Retail, has launched its 71st store in the country in Mumbai, a company official wrote on social media....

Bollywood star Ranveer Singh invests in Boat

Singh has invested an undisclosed amount in Boat, becoming a key stakeholder New Delhi: Bollywood star Ranveer Singh has invested in the fast-moving electronics goods (FMEG) brand Boat, a release by the company said earlier this week. With the investment, Singh has...

Starbucks opens new store 24*7 store at Murthal

The new Starbucks store is the first Starbucks store on a highway to operate round-the-clock New Delhi: US-based coffee chain Starbucks opened a new store in Murthal (Sonipat) at Mannat Haveli on the Chandigarh-Delhi highway, as per a company official’s social...

Flipkart to roll out same day delivery

The initiative is getting rolled out starting February 2024 Bengaluru: Bengaluru-based e-commerce marketplace Flipkart is gearing UP to roll out same day delivery of products across multiple categories, the company said in a press release. The move will see customers across cities...

RBI orders Paytm Payments Bank to halt most services after Feb 29, Paytm anticipates Rs 300-500 Crore Impact

The company expects this action to have a worst-case impact of Rs 300-500 crore on its annual EBITDA going forwardNew Delhi: In a major action against Paytm Payments Bank (PPBL), the Reserve Bank on Wednesday directed the lender to...

Dabur profit rises 6.2% to Rs 506.44 crore in Q3; revenue grows 7%

Total expenses of Dabur India in the December quarter went up 7.82% to Rs 2,720.62 crore New Delhi: Home-grown FMCG major Dabur India Ltd on Wednesday reported a 6.24% increase in consolidated net profit at Rs 506.44 crore in the...

Apple tops India smartphone market in revenue share in 2023

Samsung topped the chart in terms of sales volume followed by Vivo with 17 per cent market share in terms of volumeNew Delhi: iPhone maker Apple led India market with highest revenue in 2023 for the first time while...
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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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