retail news India
FMCG
Colgate-Palmolive India Q4 PAT up 20% at Rs 379.8 cr
PTI -
The company maintained sequential growth momentum in the fourth quarter of FY24Â New Delhi: Colgate-Palmolive (India) Ltd on Tuesday reported a 20.1% increase in profit after tax (PAT) to Rs 379.8 crore in the March quarter.The company had posted a...
Finance & Funding
Fundraising in retail crossed over Rs 1,100 cr in Q4 FY23-24
A significant contribution to the fundraising in the last quarter also stems from the television reality show Shark Tank Season 3IndiaRetailing Insights: Fundraises in the retail sector in the fourth quarter (Q4) of the financial year (FY) 2023-2024 crossed...
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Significant percentage of Indian companies hit by ransomware attacks in 2023: Sophos
PTI -
Ransomware attacks come with a timeline, threatening users New Delhi: Nearly 64% of Indian organisations surveyed were hit by ransomware attacks in 2023, a latest report by Sophos said on Tuesday, noting that while the attack rates fell year-on-year, the...
Fashion & Lifestyle
Armani Exchange opens outlet in Bengaluru
The new Armani Exchange store is located at Phoenix Mall of Asia, Hebbal, South BengaluruBengaluru: Italian apparel and accessories brand Armani Exchange (A|X) has launched its new store in Bengaluru located at Phoenix Mall of Asia, a mall official...
Food & Beverage
Namaskara Meals to open 20 outlets by FY25
The company began its operations recently, starting from Gurugram, with six new locations
Bengaluru: Indian street food restaurant chain Namaskara Meals is targeting to launch 20 more outlets by fiscal year 2025, the company said in a press release on...
E-Commerce
Zomato to surrender RBI licence to operate as online payment aggregator
PTI -
Zomato announced the incorporation of ZPPL in 2021 as its wholly owned subsidiary to carry out the business as a payment aggregatorNew Delhi: Food tech major Zomato on Monday said its subsidiary Zomato Payment Pvt Ltd (ZPPL) has decided...
In Focus
Community building and employee engagement: Key retail mantras for FY25
Assembling a community around the brand and strengthening the brand's internal community or team is crucial, according to industry leaders at PRC 2024
Bengaluru:Â Building a niche community centred on a brand, backed by thorough market analysis and strong employee involvement...
Latest News
Zomato shares decline nearly 4%
PTI -
At the NSE, shares of the company dipped 2.30% to Rs 196.65New Delhi: Shares of online food delivery firm Zomato Ltd on Monday declined nearly 4% on a day the company announced its March quarter earnings.The stock went lower...
Latest News
Nexus Select Trust records FY24 rev up 13% to Rs 120 billion
Nexus selectIn the fourth quarter of FY24, the company recorded sales totaling Rs 28 billion, demonstrating a 9% YoY increaseBengaluru: Nexus Select Trust (NXST), India’s first publicly listed retail real estate investment trust (REIT), reported a 13% jump in...
Fashion & Lifestyle
New Balance enters Mumbai
Located on the Linking Road, this marks New Balance's third company-owned store in IndiaBengaluru: US-based sports footwear and apparel manufacturer New Balance has launched its first retail store in Mumbai, located on the Linking Road, a company official said...
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Kerala Cabinet clears Logistics Park Policy, aims to enhance logistics infrastructure
The policy facilitates the way for the establishment of large-scale and mini-logistics parks across the state through private investment...
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