retail market in India
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BlueStone Jewellery and Lifestyle files draft IPO papers with Sebi; eyes Rs 1,000 cr via fresh issue
PTI -
The proposed IPO is a combination of a fresh issue of shares worth Rs 1,000 crore and an offer for sale (OFS) of up to 2.4 crore equity shares by selling shareholdersNew Delhi: BlueStone Jewellery and Lifestyle, which offers...
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Vishal Mega Mart IPO sails through; subscribed 1.53 times on Day 2
PTI -
The portion for non-institutional investors attracted 3.80 times subscription while the share of Retail Individual Investors (RIIs) got subscribedNew Delhi: The Rs 8,000 crore initial share sale of supermarket chain Vishal Mega Mart got fully subscribed on the second...
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PC Jeweller board approves issue of 5.17 cr shares to lenders for settling debt
PTI -
PC Jeweller has opted for OTS (one-time settlement) for its outstanding dues with a consortium of banksNew Delhi: PC Jeweller Ltd.'s board has approved issuance of over 5.17 crore equity shares to a consortium of lenders, including SBI, to...
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Actor Bhuvan Bam joins sexual wellness brand Peppy as co-founder and investor
Currently valued at Rs 50 crore, Peppy has raised approximately $500k in its pre-seed round from Bam, Rohit Raj (founder and CEO of BBKV Productions), and Dr. Ruchi Gupta, among othersBengaluru: Actor and content creator Bhuvan Bam has joined...
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FirstClub closes $8 million seed round led by Accel and RTP Global
Using the funding, FirstClub will initially launch packaged foods, fresh foods, bakery, dairy, nutrition, and supplementsBengaluru: Retail platform FirstClub Technology Pvt. Ltd. has closed an $8 million seed funding round led by Accel and RTP Global, the companies said...
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New Balance enters Kerala
The latest New Balance store is located at Lulu Mall, KochiBengaluru: US-based sports footwear and apparel manufacturer New Balance has launched its first retail store in Kerala, an industry official wrote on social media. The store is located at...
Food & Beverage
Health Focus, Q-commerce & Beverage Expansion: 2025 Priorities For Smoor Chocolates
Kanchan Achpal, Chief Marketing Officer of Smoor Chocolates elaborates on the brand’s ambitions, expansion strategies, and moreBengaluru: The perception of chocolate in India has undergone a major transformation over the years. Earlier, when it came to premium chocolates foreign...
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Flipkart launches its rewards programme SuperCoins on Woggles
Customers on Woggles can now avail additional benefits through redeeming Flipkart SuperCoins while making purchasesBengaluru: Indian e-commerce marketplace Flipkart has expanded its rewards programme SuperCoins by introducing it on the eyewear retail platform Woggles, the e-tailer said in a...
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Coca-Cola sells 40% stake in bottling arm HCCBL to Jubilant Bhartia Group
PTI -
Though the company has not disclosed the amount of the deal, some media reports have pegged it at around Rs 10,000 croreNew Delhi: Global beverages major Coca-Cola has sold 40 per cent stake in its India bottling business Hindustan...
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Swiggy stock plunges 5% amid profit booking, anchor lock-in ends
PTI -
The scrip of the company declined 5 per cent each on the BSE and NSE to Rs 515.95 and Rs 516.50 apiece, respectivelyNew Delhi: Shares of food delivery and quick-commerce major Swiggy plunged 5 per cent on the bourses...
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IKEA FY24 loss widens to Rs 1,299 cr, revenue up 4.5% to Rs 1,809.8 cr
Ikea India reported a loss of Rs 1,133 crore and its revenue from operations was at Rs 1,731.6 crore...
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