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RBI orders Paytm Payments Bank to halt most services after Feb 29, Paytm anticipates Rs 300-500 Crore Impact
PTI -
The company expects this action to have a worst-case impact of Rs 300-500 crore on its annual EBITDA going forwardNew Delhi: In a major action against Paytm Payments Bank (PPBL), the Reserve Bank on Wednesday directed the lender to...
Consumer Durables & IT
Apple tops India smartphone market in revenue share in 2023
PTI -
Samsung topped the chart in terms of sales volume followed by Vivo with 17 per cent market share in terms of volumeNew Delhi: iPhone maker Apple led India market with highest revenue in 2023 for the first time while...
Food & Beverage
Jubilant Foodworks net profit declines 18.2% to Rs 65.7 crore in Q3
PTI -
Its revenue from operations increased 3.47 per cent to Rs 1,378.11 crore during the quarter. It was at Rs 1,331.81 crore in the year-ago periodNew Delhi: Jubilant Foodworks Ltd (JFL), which operates fast-food chains Domino's Pizza and Dunkin' Donuts,...
Food & Beverage
Restaurant chain Moti Mahal to enter Europe
The company already has a presence in the USA, Africa, New Zealand, Maldives, Colombo, and the Middle East
Bengaluru: The 104-year-old culinary brand Moti Mahal is planning to enter Europe this year, the company said in a press release on Wednesday. The...
People
Daniel Ervér is new president and CEO for the H&M Group
Ervér succeeds Helena Helmersson who has decided to step down as CEO and leave the H&M group
Bengaluru: Swedish multinational retail-clothing company H&M has appointed Daniel Ervér as its new president and chief executive officer (CEO), the company said in a...
Fashion & Lifestyle
Kalyan Jewellers posts 21.5% rise in consolidated PAT to Rs 180.37 crore in Q3
PTI -
Revenue from operations of the company grew 34.47 per cent during the third quarter of the ongoing fiscal to Rs 5,223.07 crore as against Rs 3,884.09 crore in the year-ago periodMumbai: Kalyan Jewellers reported a 21.51 per cent growth...
Latest News
PVR Inox posts Q3 net profit at Rs 12.8 crore; revenue at Rs 15,459 crore
PTI -
The company posted a net profit of Rs 165 crore in the October-December period a year agoNew Delhi: Cinema exhibitor PVR Inox on Wednesday reported a consolidated net profit of Rs 12.8 crore in the third quarter of the...
Fashion & Lifestyle
Crocs relaunches its store in Calicut
The store is located at Hilite Mall, Kozhikode Bypass, Poovangal
Bengaluru:Â Metro Brands Limited (MBL), which operates Crocs in India has reopened its Calicut store at Hilite Mall, as per a social media post by the shopping centre.
“Rediscover comfort with the...
Latest News
P&G Hygiene and Health Care Q2 profit up 10.3% to Rs 229 crore
PTI -
Its revenue from operations was marginally down to Rs 1,133.43 crore during the quarter under review. It was at Rs 1,137.39 crore a year agoNew Delhi:Â Procter & Gamble Hygiene and Health Care Ltd on Wednesday reported a growth of...
Fashion & Lifestyle
Blissclub to focus on metros for now: Naman Sharma, Head of Retail
Naman Sharma, head of retail at Blissclub shares the Bengaluru-based activewear brand’s focus areas, expansion plans and channel performance details…
Bengaluru: Minu Margeret quit her eight-year corporate career to embark on her entrepreneurial journey and start Blissclub, which specializes in women’s...
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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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