retail industry latest updates

The bench said it would be appropriate to direct Patanjali to deposit a sum of Rs 50 lakh before passing an order for contempt.New Delhi: The Bombay High Court has directed Patanjali Ayurved to deposit Rs 50 lakh for...

The government is considering suggestions regarding changes to Section 43B(h) of the Income Tax Act made by MSMEs during pre-budget consultationsNew Delhi: The government may relax the requirement of making payments to MSMEs within 45 days of buying goods...

The restaurant will offer a curated selection of dishes with Asian flavours New Delhi: Pune’s Amanora Mall has announced the opening of the pan-Asian restaurant Asia Kitchen by Mainland China on its premises. The restaurant will offer a curated selection of...

mCaffeine will leverage GoKwik’s 100 million shopper network New Delhi:  mCaffeine has partnered with eCommerce enabler GoKwik in a bid to boost the caffeinated skincare brand's online sales, the company announced in a press release on Tuesday. The partnership aims to enhance the retailer’s online presence,...

The latest store spans an area of 6000 sq. ft. New Delhi: Jewellery retailer Tanishq has expanded its retail footprint by opening a new showroom in Delhi’s Omaxe Chowk, the company announced in a press release on Tuesday. The latest store spans...

The sector continues to witness a sustained demand from third-party logistics (3PL) and manufacturing sectorsNew Delhi: Industrial and warehouse logistics park (IWLP) supply is estimated to grow 13-14% year-on-year at around 424 million square feet this fiscal in the...

82% of them were under the age of 27 indicating that the Gen Z buyers wanted their deliveries within 30 minutes despite a fee being charged New Delhi: About 86% online grocery buyers prioritize product quality while 73% of the...

Xiaomi has partnered with Dixon Technologies, Foxconn, Optiemus, BYD etc to make devices in IndiaNew Delhi: Chinese smartphone maker Xiaomi expects to double its device shipments in India to 700 million over the next 10 years, a senior company...

Finance Minister Nirmala Sitharaman is scheduled to present the full Budget for fiscal 2024-25 on July 23New Delhi:  The Union Budget FY25 should focus on offering relief to taxpayers, especially in the lower income brackets, to stimulate consumption, industry...

The company is looking to use these funds to fuel the growth of the brands in its portfolio.New Delhi: Bengaluru-based G.O.A.T Brand Labs, a D2C house of brands has raised $21 mn (Rs 1755 cr) in a fresh funding...