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Motilal Oswal MF sells Zomato shares for Rs 646 crore

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...

Super Chai to launch Super Coffee, aiming for 100 stores in 3 years

The company is also targeting to launch more than 100 stores of Super Chai in the next three years Bengaluru: New Delhi-based tea retail chain Super Chai is extending its portfolio into new coffee concept Super Coffee, that is set...

India’s gems, jewellery exports dip 13.44% in June to Rs 15,939.77 cr: GJEPC

The total gems and jewellery exports stood at Rs 18,413.88 crore ($2,240.77 million) during June 2023Mumbai: India's overall gems and jewellery exports witnessed an on-year decline of 13.44 per cent in June at Rs 15,939.77 crore ($1,909.57 million) amid...

Malabar Group’s Playaza to launch Rs 20 crore FEC in Kochi

The 23,000 sq. ft. outlet will be located at Centre Square Mall, MG Road, Kochi Bengaluru: Retail conglomerate Malabar Group’s family entertainment centre (FEC) brand Playaza is planning to a launch 23,000 sq. ft. outlet in Kochi, expected to be...

Delhivery appoints Prashant Gazipur as Senior VP

Gazipur will take charge of capacity building and operational excellence across the company's last-mile pickup and delivery operationsMumbai: Logistics firm Delhivery on Tuesday said it has appointed Prashant Gazipur as senior vice president, operations.Gazipur, in his new role, will...

Samsung in talks with component partners to boost ops in India: TM Roh

Noida and Bengaluru R&D centres have become one of the biggest R&D centres of Samsung and MX business, according to RohParis: Samsung views India as a crucial market with Noida and Bengaluru becoming one of its biggest R&D centres,...

Nothing Before Coffee targets Rs 100 cr revenue run rate by March 2025

Currently, the coffee-house chain is planning to open more than 35 stores over the next three monthsBengaluru: Jaipur-based quick service restaurant (QSR) chain Nothing Before Coffee (NBC) is targeting to achieve Rs 100 crore revenue run rate by the...

Swiggy announces 5th ESOP liquidity programme worth $65 million

So far, the company has cumulatively enabled over Rs 1,000 crore of ESOPs liquidity over the five events, benefitting over 3,200 employeesNew Delhi: On-demand convenience platform Swiggy on Monday said it has announced its fifth Employee Stock Ownership Plan...

Amazon India announces new product ranges, deals for Prime Day 2024

Amazon India has launched thousands of new products across over 450 Indian and global brands, for Prime Day 2024New Delhi: Amazon India on Monday announced new product ranges and major deals for its annual shopping fiesta 'Prime Day 2024'...

HUL to sell water purification business Pureit to AO Smith India

AO Smith Corporation expects to complete the acquisition of Pureit by the end of 2024New Delhi: Hindustan Unilever Ltd. on Monday announced the sale of its water purification business under the Pureit brand to AO Smith India Water Products...
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Indian consumers prefer ‘offers’ faster online than offline: Report

The research reveals that online buyers are more price sensitive and avail more offers compared to offline buyersBengaluru: As...
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