retail industry updates
E-Commerce
Swiggy introduces ‘Seal’ badge for food quality standards among restaurant partners
PTI -
The initiative, which is currently live in Pune, will be gradually scaled up during November to cover over 650 cities across IndiaNew Delhi:Â Online food delivery firm Swiggy on Wednesday introduced the 'Swiggy Seal' initiative to raise hygiene and food...
Food & Beverage
Varun Beverages Sept qtr profit up 22% to Rs 629 cr
PTI -
The company, which follows the calendar year as its financial year, had posted a net profit of Rs 514.05 crore during the July-September period a year ago, according to a regulatory filing from VBL.New Delhi: Varun Beverages Ltd (VBL),...
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Sunil Yadav joins Bhumika Group as President- Leasing & Business Development
With over 20 years of exemplary experience in the leasing sector, Yadav joins the company to drive its leasing initiatives across retail, office spaces, and the hospitality sector.New Delhi: Real estate developer Bhumika Group, which operates Urban Square Mall...
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Ashneer Grover withdraws oppression and mismanagement plea against BharatPe management
PTI -
The withdrawal of the plea from the NCLT's Delhi bench came after Grover settled with the company on September 30, 2024New Delhi:Â Ashneer Grover, co-founder and former managing director of BharatPe, withdrew his plea from the National Company Law Tribunal...
Food & Beverage
Zomato board to consider raising funds via QIP on Tuesday
PTI -
In a regulatory filing, the company informed that a meeting of the board of directors is scheduled to be held on Tuesday, October 22, 2024New Delhi:Â Food delivery platform Zomato on Thursday said its board will consider fundraising through qualified...
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Retail space Peninsula Centre opens in Pune’s Gahunje
Located near the Mumbai-Pune Expressway in Gahunje, this commercial retail project has already garnered traction, with over 70% of the inventory sold at launch.
New Delhi: Peninsula Land Limited (PLL), part of the Ashok Piramal Group has announced the launch...
Entertainment
PVR Inox Q2 net loss at Rs 12.1 cr; revenue falls 18.9% to Rs 1,622.1cr
PTI -
PVR Inox's total expenses in the September quarter dropped 6.84% to Rs 1,678.6 croreNew Delhi: Leading multiplex operator PVR Inox on Tuesday reported a consolidated net loss of Rs 12.1 crore for the second quarter ended September 2024, impacted...
Finance & Funding
Pvt equity investment in real estate down 4% to $2.3 bn in Apr-Sep: Anarock
PTI -
Real estate consultant Anarock noted that the total number of deals declined to 17 in April-September this year from 24 in the corresponding period of the preceding year.New Delhi: Private equity investments in the Indian real estate sector declined...
Finance and Funding
Snack brand Troo Good raises $9 mn
The company sells over 3 million units daily of its popular millet chikkis and other millet snacks.
New Delhi:Â Hyderabad-based Troo Good, a millet-based snack brand has raised $9 million in a funding round led by Puro Wellness, a release by...
Leaders Ink
How Generative AI can help boost product pitches to retailers
Do you love product pitches, or hate them? Get high off the adrenalin-filled moments before you walk into a room of retailers, or spend the entire week running over every awkward pause or poorly worded phrase?Whatever your stance on...
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Digital Icon : Amarinder Dhaliwal
Amarinder Dhaliwal, Chief Product Officer at IndiaMART, is an entrepreneur and an avid adventurer. He finds joy in various...
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