retail market in India
FMCG
Pan masala makers to pay Rs 1 lakh penalty from 1 Oct for failure to register machines with taxmen
PTI -
The move to overhaul the registration, record-keeping, and monthly filing of such businesses was aimed at improving GST compliance for manufacturers of pan masala and tobacco productsNew Delhi: The government has notified 1 October as the date for implementation...
Food & Beverage
Devyani International on track to achieve 2,000 store count this fiscal: Chairman Ravi Kant Jaipuria
The QSR chain operator aims to open 250 to 275 new stores in FY25 across all its brandsMumbai: Devyani International Ltd., the largest franchisee of Yum Brands (KFC & Pizza Hut) in India, is on track to achieve its...
E-Commerce
Amazon India top boss Manish Tiwary quits
Tiwary has resigned the e-commerce major after eight years to pursue other opportunitiesMumbai: Country head of leading e-commerce marketplace Amazon India, Manish Tiwary, has quit the company and will be moving on as reported by a leading media. Tiwary...
Food & Beverage
Chai Sutta Bar opens outlet in Hyderabad
The newly launched CSB outlet is located at Saidabad, K V Ranga Reddy District, Champapet Hyderabad
Bengaluru: Quick service restaurant (QSR) chain Chai Sutta Bar (CSB) has opened its latest outlet in Hyderabad, three years after the launch of its...
Food & Beverage
AbCoffee expands into Bengaluru, opens 7 outlets in one go
The coffee chain will launch another 5 points of sales in Bengaluru this month
Bengaluru: Tech-enabled grab-and-go coffee chain AbCoffee has expanded its presence to Bengaluru, following the establishment of 50 outlets across Mumbai and New Delhi, according to a...
Fashion & Lifestyle
New Balance enters Bengaluru
Located on Brigade Road, this marks New Balance’s fifth company-owned store in IndiaBengaluru: US-based sports footwear and apparel manufacturer New Balance has launched its first retail store in Bengaluru, located on Brigade Road, one of the city's busiest commercial...
Fashion & Lifestyle
V-Mart Retail Q1 net profit at Rs 12.14 cr, revenue up 15.8% to Rs 786cr
PTI -
The company recorded a loss of Rs 21.94 crore in the April-June period a year agoNew Delhi: V-Mart Retail Ltd. on Monday reported a profit of Rs 12.14 crore for the first quarter ended in June 2024 against a...
Latest News
Softbank-backed SaaS platform Unicommerce mobilises Rs 124 cr from anchor investors
PTI -
Unicommerce has allocated 1,15,23,831 equity shares to 14 funds at Rs 108 apiece, aggregating the transaction size to Rs 124.46 croreNew Delhi: SoftBank-backed SaaS platform Unicommerce eSolutions Ltd. on Monday said it has garnered over Rs 124 crore from...
Fashion & Lifestyle
Ahead of IPO, FirstCry’s parent Brainbees collects Rs 1,886 cr from anchor investors
PTI -
The IPO, with a price band of Rs 440-465 a share, will open for public subscription on 6 August and close on 8 August New Delhi: Online e-commerce platform FirstCry's parent Brainbees Solutions Ltd on Monday said it has collected...
Latest News
Allcargo Group elevates Ketan Kulkarni as Deputy MD of Allcargo Gati
Kulkarni assumes the new position after serving as the chief growth officer of Allcargo Group, in the chairman’s office
Bengaluru: India-born global logistics conglomerate Allcargo Group has appointed Ketan Kulkarni as deputy managing director of the express distribution and supply...
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Latest News
Ambani unveils growth roadmap for Reliance, co to double in size by 2030
The company is aiming to double revenues and pre-tax profit in 3-4 years with its new energy business becoming...
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