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Nexus Select Trust Q1 net operating income up 7% to Rs 413 cr; to raise up to Rs 1,700 cr

The company achieved retail net operating income of Rs 371.9 crore in April-June period of this fiscal, up 8 per cent from the year-ago periodNew Delhi: Nexus Select Trust, a listed REIT backed by retail real estate, on Tuesday...

Vivo to enhance focus localising key components for smartphones

The smart devices company claims to have manufactured 15 crore smartphones in India in about nine years and invested Rs 3,500 crore in the last 10 yearsNew Delhi: Chinese smart devices company Vivo will focus on enhancing local value...

Mars Cosmetics eyes Rs 350 crore in FY25, to open over 50 outlets in 2 years

The omnichannel brand plans to launch around 25 stores in the fiscal year and aims to operate up to 65 outlets by 2026 Bengaluru: New Delhi-based beauty brand Mars Cosmetics is targeting to reach Rs 350 crore in revenue by the...

Honasa consumer appoints Nilesh Kotalwar as senior VP-online revenue

Kotalwar is set to spearhead the online revenue strategy for Honasa Consumer's brands, including Mamaearth, The Derma Co., Aqualogica, Bblunt, and Dr. Sheth'sNew Delhi: Gurugram-based Honasa Consumer Ltd, which owns FMCG brands such as Mamaearth, The Derma Co. and...

Bagline opens 2nd store in Pune

Located on Jungli Maharaj Road in Deccan, Pune, the newly launched store brings Bagline’s total store count to 42Bengaluru: Multi-brand bag retailer Bagline House of Luxury Bags, a division of homegrown bag manufacturer Brand Concepts Ltd., has launched its...

Flipkart unifies its payment and fintech offerings as Flipkart Pay

Flipkart Pay will include Flipkart UPI, recharges and bill payments, Flipkart Pay Later, Flipkart Axis Bank co-branded credit card, insurance, gift cards, and EMIs Bengaluru: Homegrown e-commerce marketplace Flipkart has consolidated its bouquet of financial and payment offerings on the app...

Menswear brand Kingdom of White opens 10th store in Chhatrapati Sambhajinagar

The new store will showcase Kingdom of White signature range of shirts, bottoms, and accessories Bengaluru: India’s first all-white menswear brand Kingdom of White has launched its 10th store located in Chhatrapati Sambhajinagar, Maharashtra, according to a press release by...

Flyrobe opens 1st alliance store in partnership with Sri Sringarr

The alliance store will leverage Flyrobe's brand name by incorporating luxury inventory, automated billing and barcode systems, and marketing supportBengaluru: Fashion rental platform Flyrobe has partnered with one of Mumbai's oldest rental stores, Sri Sringarr, and has launched its...

Colgate-Palmolive India Q1 profit up 33% to Rs 364 cr

The oral hygiene product maker had posted a net profit of Rs 273.68 crore in April-June FY24, according to a regulatory filing from Colgate-Palmolive India Ltd (CPIL)New Delhi: FMCG major Colgate-Palmolive India on Monday reported a 33% rise in...

NCLT orders liquidation of Kishore Biyani-led Future Retail as resolution eludes

The Mumbai bench of NCLT appointed Sanjay Gupta as the liquidator in the matterMumbai: The National Company Law Tribunal on Monday allowed the liquidation of Kishore Biyani-led Future Retail as the maximum period of the corporate insolvency resolution process...
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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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