retail news India
FMCG
Former Sri Lanka cricketer Muralitharan to invest Rs 1,400 cr in beverages unit in K’taka
PTI -
The project, initially planned with an investment of Rs 230 crore, has now been revised to a total of Rs 1,000 croreNew Delhi: Sri Lanka cricket legend Muttiah Muralitharan will invest a total of Rs 1,400 crore in phases...
In Focus
D2C brand Mirraw eyes Rs 125 crore this fiscal, eyes US, UK and Australia expansion
The bootstrapped ethnic apparel brand’s immediate focus is on establishing offline stores in India
New Delhi: Mumbai-based D2C ethnic apparel and fashion brand Mirraw eyes a revenue of around Rs 125 crore in the ongoing financial year (FY) 2023-24, an...
Latest News
Ayodhya, Varanasi, Puri among 17 high-potential cities for fast real estate development: Report
PTI -
Real estate consultant Colliers India has identified 30 potentially high growth cities from over 100 citiesNew Delhi: Ayodhya, Varanasi, Puri, Dwarka, Shirdi, Tirupati and Amritsar are among 17 high-potential cities that will witness fast real estate development in the...
Consumer Durables & IT
Noise sees 4x surge in sales on quick commerce this Father’s Day
The brand saw 4 times increase in sales through quick commerce platforms and a 1.6 time rise on its website
New Delhi: Audio wearable brand Noise saw a surge in sales for its smartwatches and audio products this Father’s Day, the company...
E-Commerce
Brand trust trumps discounts and reviews for over 67% of shoppers: Survey
Resale value is the least influential factor at 15%, followed by recommendations from friends at 26% and product affordability at 30%
Bengaluru:Â As many as 67% of consumers prioritise trusted brands when purchasing new products or services online in the past...
Latest News
Legrand opens over 25 zip stores across India
The stores are situated in cities including Mumbai, Nashik, Ahmedabad, Udaipur, Raipur, Bilaspur, Hyderabad, Bengaluru, Chennai, Tiruppur, Cochin, Patna and Madurai
Bengaluru:Â Electrical and digital building infrastructure specialist Legrand has expanded its modern trade presence with the launch of over 25...
Latest News
Drone logistics solution provider Skye Air secures $4 mn funding
PTI -
Maple Capital Advisors were the exclusive financial advisors to the company for the transactionNew Delhi: Skye Air, a drone logistics solution provider, on Monday said it has secured $4 million (about Rs 34 crore) funding, which will be used...
Latest News
Neeraj Arora quits Paytm board; firm onboards ex-Sebi official
PTI -
Paytm has onboarded former whole-time director of market regulator Sebi Rajeev Krishnamuralilal Agarwal as an independent director for five yearsNew Delhi: Former chief business officer of WhatsApp Neeraj Arora has quit the board of the fintech firm One97 Communications,...
FMCG
India one of fastest-growing markets globally for Nestle, to focus on innovations
PTI -
The sales of innovation products have been more than 6% in 2023 for Nestle IndiaNew Delhi: India is one of the fastest growing markets for the Swiss global food & beverage major Nestle, where its local subsidiary has delivered...
In Focus
3 things malls are doing to increase profitability
Key areas in which shopping centres are doing things differently than before to improve revenues, grow profitablyNew Delhi: Over the past two decades, shopping malls in India have undergone a significant transformation, evolving from simple retail spaces to...
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Latest News
CCD cafe count falls to 450 in FY24, number of operational vending machines rises
The number of Value Express kiosks also declined marginally to 265, according to the latest annual report of Coffee...
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