retail industry updates
In Focus
Sunil Kataria to step down as MD, Raymond Lifestyle, joins Godrej Agrovet
Until a successor is appointed, the company’s senior management team, led by Executive Chairman Gautam Hari Singhania, will oversee business operations
New Delhi: Raymond Lifestyle Ltd. has announced that Sunil Kataria will be stepping down as Managing Director and Board...
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Gillette India’s Dec qtr profit up 21% to Rs 126 cr
PTI -
Total income of Gillette India was at Rs 694.74 crore in December quarter, up 7.43%New Delhi: Shaving products maker Gillette India Ltd on Monday reported 21.18% rise in profit to Rs 125.97 crore for the second quarter ended December...
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DTDC enters rapid commerce with 2-4 hour, same-day delivery services
PTI -
The move will enable D2C (Direct-to-Consumer) brands and social commerce sellers to provide rapid and efficient delivery services across IndiaNew Delhi: Express logistics operator DTDC on Friday announced the launch of 2-4 hour and same-day delivery services, marking its...
FMCG
ITC to acquire Prasuma and Meatigo, to expand in frozen food segment
PTI -
ITC has been operating in the Frozen Foods market under the ‘ITC Master Chef’ brand from 2019New Delhi: Conglomerate ITC on Thursday announced to acquire ‘Of Prasuma’ and ‘Meatigo brands expanding its presence in frozen, chilled and ready-to-cook foods.ITC...
Food & Beverage
Swiggy shares tumble 7%; hit 52-week low in intra-day trade as Q3 loss widens
PTI -
In traded volume terms, 24.28 lakh shares of the firm were traded at the BSE and 412.30 lakh shares on the NSE during the day.New Delhi: Shares of food and grocery delivery major Swiggy on Thursday ended almost 7...
Home Decor & Furnishing
D’Decor’s brand Sansaar eyes global expansion, Rs 500 cr in 5 Years
Founders Sanjana Arora and Sarah Arora further noted that customer feedback has played a crucial role in shaping their product strategy.New Delhi: Mumbai-based D’Decor Home Fabrics Pvt. Ltd., one of the leading manufacturers and exporters of curtains and upholstery...
Food & Beverage
Barbeque-Nation Hospitality Q3 profit up 4.5% to Rs 5 cr, revenue flat at Rs 328.89 cr
PTI -
Shares of Barbeque-Nation Hospitality Ltd on Monday settled at Rs 311.50 on BSE, down 3.86%New Delhi: Barbeque-Nation Hospitality, a QSR chain operator on Monday reported an increase of 4.54% in consolidated net profit to Rs 5.05 crore in the...
Latest News
FinMin, Labour Min working out modalities of healthcare scheme for gig workers: Govil
PTI -
Govil said the social security scheme for gig workers could either be a 100 per cent Central Sector scheme or a centrally sponsored scheme where the cost would be shared between the Centre and states in a 60:40 ratioNew...
In Focus
Hopes running high of tax cut as Sitharaman presents record 8th budget
PTI -
Expectations of relief on income tax, particularly for the lower middle class, are high after Prime Minister Narendra Modi invoked the goddess of wealth for elevating the poor and middle class.New Delhi: A cut or tweak in income tax...
Retail
iPhone was top selling model in India in Oct-Dec, it is a huge market: Apple CEO
PTI -
According to Counterpoint Research, Apple led the Indian market in 2024 with a 23% share in terms of the value of total smartphones supplied in the countryNew Delhi: Apple is very keen on India where it has seen record...
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Tribe Amrapali launches 31st store in Srinagar
The latest outlet marks the brand’s 31st store in India, following the opening of its 30th store in Agra...
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