retail industry latest updates
Spotlight
Killer jeans maker picks 50% in Kraus for Rs 166.5 cr, enters women denim segment
PTI -
The deal will help KKCL to expand its presence in the domestic market, and also fortify its position in the UAE
New Delhi:Â Kewal Kiran Clothing (KKCL), the manufacturer of Killer jeans, on Thursday announced the acquisition of a 50%...
E-Commerce
E-commerce, BFSI, hospitality sectors driving job market in 2024: Report
PTI -
The platform has registered a 21% year-on-year increase in the number of job applications from freshers and an 18% rise from women job seekersNew Delhi: E-commerce, BFSI (banking, financial services, and insurance), and hospitality sectors witnessed an increased demand...
Finance and Funding
Indiamart acquires 10% stake in Baldor Technologies Pvt. Ltd.Â
This investment marks a 10% minority stake acquisition for IndiamartNew Delhi: Noida-based online business-to-business (B2B) marketplace Indiamart has invested an amount of Rs 89.7Â crore to acquire a 10% minority stake acquisition in Bengaluru-based IT services and consulting company Baldor...
Food & Beverage
UBL, AB-InBev, Carlsberg jointly form Brewers’ Association of India
PTI -
The three brewers -- UBL, Brewer Anheuser-Busch InBev (AB InBev) -- which owns brands such as Budweiser, Hoegaarden, and Corona, along with CarlsbergNew Delhi: The Country's leading beer manufacturers United Breweries -- now controlled by Dutch brewing major Heineken,...
Fashion & Lifestyle
Gap opens store in Amanora Mall Pune
 Earlier Gap Inc. had opened stores in Mumbai and Pune
New Delhi: Californian clothing and accessories retail chain Gap Inc. has opened a new store in Pune’s Amanora Mall, a social media post by the mall revealed.
Gap Inc. was founded by Donald Fisher...
Latest News
Deloitte opens ‘phygital’ innovation centre in Bengaluru to boost businesses
PTI -
Our centre aims to assist businesses across industries in reimagining their customer interfaces and experiencesNew Delhi: The largest professional services network, Deloitte, has opened a first-of-its-kind 'phygital' innovation centre in Bengaluru.This phygital (physical+digital) Innovation centre offers domain-specific solutions to...
FMCG
P&G Hygiene and Health Care appoints Mrinalini Srinivasan as CFO
PTI -
Srinivasan, an alumnus of FMS Delhi, currently leads corporate finance and is also the executive sponsor of gender equality for P&G India groupNew Delhi: Procter & Gamble Hygiene and Health Care Ltd on Tuesday said it has appointed Mrinalini...
Fashion & Lifestyle
ABFRL Q4 net loss at Rs 266.35 crore, revenue at Rs 3,406.65 cr
PTI -
The established businesses continue to navigate market headwinds while maintaining a sharp focus on profitability enhancementNew Delhi:Â Aditya Birla Fashion and Retail Ltd has reported a consolidated net loss of Rs 266.35 crore for the fourth quarter ended March 2024.The...
Consumer Durables & IT
Lava International appoints Rajesh Sethi as group CFO
PTI -
Sethi has over 27 years of financial management and strategic planning experience, will be responsible for overseeing Lava's financial operationsNew Delhi: Home-grown mobile maker Lava International Ltd has appointed Rajesh Sethi as the new group chief financial officer (CFO),...
Latest News
Nothing Appoints Vishal Bhola as President for India Business
With an experience of 28 years in global business leadership, Bhola's journey includes over two decades at Unilever
New Delhi:Â London-based consumer tech company Nothing has announced the appointment of Vishal Bhola as President for Nothing India on Tuesday.
“Vishal's vast...
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Latest News
Ex-Zomato executive-owned F&B company Ninecamp Ventures raises Rs 16 cr seed funding
The proceeds will be allocated to enhancing the brand portfolio, acquiring prime real estate, recruiting talent, and investing in...
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