retail news India
FMCG
Expects consumption uptick in FY25; power brand to drive growth: Dabur Chairman
PTI -
Dabur expects an improvement in rural consumption, where it will continue to expand its footprint, while for urban markets.New Delhi: FMCG maker Dabur India is optimistic of a gradual uptick in consumption this fiscal and expects its power brands...
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...
FMCG
Tax relief for middle-class, salaried will help increase consumption patterns: Marico MD
PTI -
The key expectations from the full budget of 2024-25 include a continued emphasis on rural development through investments in infrastructure and employment, bolstering agricultural activities to enhance rural income, he saidNew Delhi: Tax relief for middle-class and salaried class...
In Focus
5 consumer trends dominating retail
From increase in GenZ spending to channel switching, these consumer trends are driving growth in retail
Tech-savvy consumers are increasingly demanding a seamless blend of digital and physical channels to discover, research, compare, and purchase products at the best prices....
Fashion & Lifestyle
V-Mart: Fashioning Rural India
One of the early entrants in the country’s value-retail space, V-Mart is today a 448-store strong chain with its presence across IndiaNew Delhi: Value retail chain V-Mart was launched in 2003, long before the term value retail became fashionable....
Consumer Durables & IT
Fonebox Retail aims to open 25 stores in Maharashtra
The Ahmedabad-headquartered multi-brand retailer presently has 181 stores in GujaratBengaluru: Gujarat-based mobile and consumer durables retailer Fonebox Retail Ltd. has forayed into the state of Maharashtra with plans to open over 25 retail stores, the company announced on Friday.The...
E-Commerce
Myntra integrates reward points from multiple banks and brands with Twid
The collaboration allowed customers to leverage loyalty and reward points from various banks and brands, including Intermiles, Payback (now Zillion), TimesPoint, and debit/credit card programsBengaluru: Fashion and lifestyle e-commerce platform Myntra has partnered with rewards-based payment network Twid to...
Food & Beverage
PepsiCo clocks double-digit volume growth in Indian beverages market in Jun qtr
PTI -
The company also said its convenient foods unit volume grew double-digit in India in the April-June periodNew Delhi: Global food and beverages major PepsiCo on Thursday reported a double-digit growth in beverages volume in India in the second quarter...
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Latest News
Zudio goes global, opens first international store in Dubai
The new store is located at Silicon Central Mall in UAENew Delhi: Tata Group-owned value retail fast fashion chain...
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