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Raymond shareholders approve reappointment of Gautam Singhania as CMD

The shareholders of Raymond approved the ordinary resolution for Singhania's appointment for another five years with a 94.24% voteNew Delhi: Textiles and fabric manufacturer Raymond Ltd on Thursday said its shareholders have approved the reappointment of Gautam Hari Singhania...

ONDC to touch 10 million transactions in June: Official

ONDC will surpass major e-commerce players like Flipkart and Amazon in futureNew Delhi: The Open Network for Digital Commerce (ONDC), which was set up with an aim to democratise the country's e-commerce ecosystem, is on course to touch...

India’s 6 hottest home-grown coffee chains

These desi chains are brewing success and giving heated competition to the big-banner international coffee brands operating in the country Bengaluru: Two years ago, the Canadian multinational coffeehouse Tim Hortons entered India and has since opened over 30 stores. Meanwhile, US-based...

KFC opens new highway restaurant

The new outlet is at Sapphire North on the Jalandhar-Amritsar Highway New Delhi: Quick-service restaurant (QSR) chain KFC, which specializes in American-style fried chicken, has opened a new outlet in Punjab. The new outlet is opened at Sapphire North on...

Jaipur Rugs opens store in London, plans to open two more international stores in FY25

The company, which is known for its hand-knotted rugs and carpets, would continue to expand in the domestic market by opening stores in tier I & II citiesNew Delhi: Handmade rugs maker Jaipur Rugs, which has opened its showroom...

Shopsy records a 50% spike in daily demand during Grand Shopsy Mela

Shopsy offered over 16 crore products with free delivery and it witnessed 43% of new users being first-time shoppers on the platform Bengaluru: Shopsy, a hyper-value e-commerce platform from Flipkart, has recorded a 50% surge in daily demand and a 43%...

What’s driving the adoption of mobile POS in India

More and more retailers are switching to mobile point-of-sales solutions due to benefits in the areas of billing, inventory, delivery, and consumer experience New Delhi: At many stores across the country, billing is done on wireless or hand-held devices such as a...

Rise in value-seeking customers, key FMCG sectors face tampering of growth: Report

A large section of customers across sectors reported that replacement purchases would be a significant driver for purchases in FY25New Delhi: Certain sectors including beauty products, personal care, consumer electronics and consumer durables may face a tempering of growth,...

Stanley Lifestyles IPO subscribed 97 times on last day

The IPO has a fresh issue of up to Rs 200 crore and an offer for sale of up to 91,33,454 equity sharesNew Delhi: The initial public offering (IPO) of luxury furniture brand Stanley Lifestyles got subscribed 96.98 times...

FMCG sector to have sustained growth rate of 7-9% in 2024: Report

Online sales channel for FMCG is also increasing and has been valued at Rs 1.7 lakh croreNew Delhi: The FMCG sector is expected to have a sustained growth rate of 7-9 % in 2024, supported by government initiatives to...
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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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