retail industry latest updates
E-Commerce
Fship plans to hire 100+ professionals to support its growth
This recruitment drive will encompass a range of positions with senior roles in marketing, sales, tech and product, and finance
New Delhi: Tech-driven shipping aggregator Fship plans to recruit over 100 new employees by the end of this financial year,...
D2C Buzz
KingsCraft introduces D2C streetwear fashion brand Underrated Club
Underrated Club is co-founded by entrepreneurs Abhishek Teri and Kartik Anand
New Delhi: KingsCraft Online Brands Pvt. Ltd. has launched a premier streetwear fashion brand Underrated Club (URC), the company announced in a press release on Monday.
Underrated Club is co-founded...
Fashion & Lifestyle
Sky Gold Ltd. acquires Starmangalsutra and Sparkling Chains
The acquisition aims towards expanding Sky Gold’s total addressable market (TAM) and increasing product presence
New Delhi: Mumbai-based jewellery company Sky Gold Ltd. has diversified its portfolio by acquiring Starmangalsutra Pvt. Ltd. and Sparkling Chains Pvt. Ltd., the company announced...
E-Commerce
Borzo to move its headquarters to India from Netherlands
PTI -
The company was launched in India in 2016 as WeFast and later globally rebranded in 2021 as 'Borzo'New Delhi: Global intra-city same-day delivery service provider for businesses Borzo (formerly WeFast) on Friday said it will move its headquarters to...
Latest News
Meta AI rolls out in India on WhatsApp, Facebook, Instagram
PTI -
With this, people can use Meta AI in feeds and chats across its apps to get things doneNew Delhi: Meta on Monday announced the availability of its AI assistant 'Meta AI' in India on WhatsApp, Facebook, Messenger, Instagram, and...
Consumer Durables & IT
Clearly inform customers about starting date of warranty period: CCPA to electronic appliance makers
PTI -
The feasibility of having the date of installation as the date from which warranty period should be calculated was discussed during the meetingNew Delhi: The Central Consumer Protection Authority (CCPA) Chief Commissioner Nidhi Khare has asked electronic appliance manufacturers...
E-Commerce
DGFT, Revenue dept working on dedicated hubs to boost e-commerce exports
PTI -
The proposed hubs would offer warehousing facilities, returns processing, labelling, product testing, and repackaging servicesNew Delhi: In a bid to boost India's e-commerce exports, the Directorate General of Foreign Trade (DGFT) is working with the Department of Revenue to...
Home Decor & Furnishing
Signify expanding in India, evaluating manufacturing capacity for global market: Top exec
PTI -
The ecosystem required for electronics in the next 6-7 years is going to be far more developedNew Delhi: Signify's India market is becoming more important by the day, and it is evaluating the manufacturing capacity in the country under...
Consumer Durables & IT
Daikin to sell 2 million units of AC in FY25, expand manufacturing capacity of compressors
PTI -
The company has already sold 7 lakh units of residential air conditioner (RAC) in the first three months of the yearNew Delhi: Air conditioner maker Daikin expects to manufacture two million units in India this fiscal and has plans...
People
AI will eliminate certain roles, but will create more jobs than it eliminates: Deloitte AI exec
PTI -
Consumerisation, banking, and hospitality are some of the other sectors that are utilising the power of AINew Delhi: AI will replace people with people, contrary to the common narrative, Deloitte's AI Executive Rohit Tandon said, emphasising that the future...
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Latest News
India’s gems, jewellery exports dip 13.44% in June to Rs 15,939.77 cr: GJEPC
The total gems and jewellery exports stood at Rs 18,413.88 crore ($2,240.77 million) during June 2023Mumbai: India's overall gems...
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