retail market in India
Food & Beverage
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...
Food Service
Swiggy announces 5th ESOP liquidity programme worth $65 million
PTI -
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...
E-Commerce
Amazon India announces new product ranges, deals for Prime Day 2024
PTI -
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'...
Consumer Durables & IT
HUL to sell water purification business Pureit to AO Smith India
PTI -
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...
Food & Grocery
Avenue Supermarts’ shares jump over 4%
PTI -
The stock went up by 4.29 per cent to Rs 5,166.10 on the BSENew Delhi: Shares of Avenue Supermarts Ltd, which owns and operates the retail chain D-Mart, climbed more than 4 per cent on Monday after the company...
Fashion & Lifestyle
Taneira by House of Tata partners with Goonj
The collaboration supports Taneira’s new initiative, 'Exchange, Elevate and Empower’, which invites customers to donate their sarees for rural development work Bengaluru: Women’s ethnic wear brand Taneira, from the House of Tata, has partnered with Goonj, a non-governmental organisation working...
Food & Beverage
Mad Over Donuts opens two stores in Mumbai
Newly launched Mad Over Donuts stores are located at Ambernath and GoregaonBengaluru: Quick service restaurant (QSR) chain Mad Over Donuts (MOD) has opened two new outlets in Mumbai, located at Ambernath and Goregaon, the donut brand said in a...
Consumer Durables & IT
Xiaomi India profit plunges 77 pc to Rs 239 cr, revenue dips to Rs 26,697 cr in FY23
PTI -
Xiaomi's revenue from operations declined by about 32 per cent to Rs 26,697 crore in FY23 from about Rs 39,100 crore in FY22New Delhi: Chinese smart device maker Xiaomi Technology's profit in India nosedived 77 per cent year-on-year to...
Finance & Funding
PC Jeweller to raise Rs 2,705 cr via warrants; promoters to infuse Rs 850 cr
PTI -
Around 75 per cent of the fund will be used for repaying bank loans and the rest 25 per cent for working capital requirementsNew Delhi: PC Jeweller Ltd plans to raise up to Rs 2,705 crore by issuing warrants...
Spotlight
Govt proposes mandatory labelling for bulk pre-packaged commodities; seeks public comments
PTI -
The move aims to close a loophole that currently exempts such bulk packages from displaying details like MRP, best before date, manufacturer information, and country of originNew Delhi: The Consumer Affairs Ministry on Sunday proposed an amendment to the...
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Latest News
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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