retail market growth
Retail
Retail sales grow 5% y-o-y in June 2024: RAI Survey
Sales in South India showed the highest increase at 7%, followed by North and East at 5% each and West India at 4%Bengaluru: Retail sales in June 2024 showed a gain of 5% as compared to the sales levels...
Finance & Funding
Newme raises $18 million in series A funding
The funding round was led by venture capital firm Accel with participation from existing investors including Fireside Ventures and AUM VenturesBengaluru: Gen Z-focused fashion-tech startup Newme has secured $18 million in series A funding led by venture capital firm...
E-Commerce
Easy customs norms, robust payment settlement to boost e-comm exports: Report
PTI -
The report also asked to allow FDI-funded e-commerce entities to hold inventory for sale in international marketplaces to facilitate global sales of Indian MSME productsNew Delhi: Measures such as easing customs procedures, robust payment settlement mechanisms and relaxing FDI...
In Focus
Retailers’ wishlist for Budget 2024: Roadmap for long-term growth; reduce import duties
Support for MSMEs and investment in digital infrastructure rank among the foremost requests of industry representatives for the upcoming Union Budget 2024
Bengaluru: As the newly-elected NDA government is getting ready to present this year's Union Budget on 23 July,...
Consumer Durables & IT
Havells India Q1 net profit up 42% at Rs 407.51 crore
PTI -
The company had posted a consolidated net profit of Rs 287.07 crore in the same quarter last fiscalNew Delhi: Havells India Ltd on Thursday reported a 42 per cent jump in consolidated net profit at Rs 407.51 crore in...
Food & Grocery
Bigbasket launches SaaS based supply chain platform BB Matrix
BB Matrix enables user organisations to get real-time updates, quickly track bottlenecks and take data-backed decisionsBengaluru: Omnichannel grocery delivery firm Bigbasket has launched BB Matrix, an end-to-end software as a service (SaaS) based supply chain platform that offers complete...
Latest News
Ecom Express named among India’s Best Workplaces in Transportation and Logistics by Great Place to Work
This is the third consecutive year that the company has been certified as a Great Place to WorkBengaluru: Technology-driven end-to-end logistics solutions provider Ecom Express has been recognised amongst the best in the transportation and logistics industry by the...
Consumer Durables & IT
India an important market for Canon, looking for double-digit growth: Company official
PTI -
In Asia, Canon India has been number one in terms of sales growth in the last decadeBengaluru: India is among the "important markets" globally for Canon, where the Japanese multinational will continue its "double-digit growth" helped by a growing...
Fashion & Lifestyle
New York-based fashion brand Waimea to expand offline in India
The retailer has already partnered with multi-brand outlet Tipsy Topsy and is currently in talks with other retailers including Ant Eye
Bengaluru:Â Waimea, a denim menswear brand from New York is targeting offline expansion in India, less than two months after...
E-Commerce
Motilal Oswal MF sells Zomato shares for Rs 646 crore
PTI -
Motilal Oswal MF sold more than 2.84 crore shares or 0.3 per cent stake in Gurugram-based ZomatoNew Delhi: Motilal Oswal Mutual Fund (MF) on Tuesday divested its stake in online food delivery aggregator Zomato for Rs 646 crore through...
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Latest News
5 Pillars of Customer Retention
Customer experience, social media, trust, transparency and data critically impact customer retention said representatives of leading brands speaking at...
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