retail news today
Payments
We should have done better, no secrets about it, says Paytm founder Vijay Shekhar Sharma
PTI -
Paytm Payments Bank Limited (PPBL) came under regulatory glare as RBI ordered it to stop accepting new deposits in its accounts and its digital wallet from MarchNew Delhi: Paytm founder Vijay Shekhar Sharma on Saturday spoke about his...
In Focus
Ikea plans 25,000 sq. ft. “mini” stores in India
This move is aimed at becoming more accessible to its consumers in the country
New Delhi: Ikea is now looking to open its miniature version 25,000 sq. ft. stores in India that are almost one-third of the Swedish furniture and...
Spotlight
Family offices increasingly investing in startups, diversifying portfolios: PwC India report
PTI -
Currently, there are over 300 family offices in India, as against 45 such offices in 2018New Delhi: Family offices are increasingly investing in startups, diversifying their portfolios, and seeking higher returns as they are shifting from traditional investments, a...
D2C Buzz
Ahead of Budget, DPIIT recommends removal of angel tax on startups: Official
PTI -
As per the Budget, the excess premium will be considered as 'income from sources' and taxed at the rate of up to over 30%New Delhi: Ahead of the Union Budget, the Department for Promotion of Industry and Internal Trade...
Home Decor & Furnishing
Govt makes ISI mark mandatory for stainless steel, aluminium utensils
PTI -
Non-compliance with the order will attract penalties, underscoring the government's commitment to consumer safety and product integrityNew Delhi: The government has made it mandatory for stainless steel and aluminium kitchen utensils to conform to national quality standards, the Bureau...
Food & Beverage
Coffee Day Enterprises’ total default at Rs 433.91 crore in Q1 FY25
PTI -
CDEL has reported a default of Rs 183.36 crore on the payment of the principal amount on loans or revolving facilitiesNew Delhi: Coffee Day Enterprises Ltd has reported a total default of Rs 433.91 crore on payments of...
Food & Beverage
India’s largest food-court Dawatpur opens at Chandni Chowk, Delhi
The food court has a seating capacity to seat 2000 people
New Delhi: Omaxe Chowk Mall based in Delhi’s famed Chandni Chowk, has announced the opening of Asia's largest food court named Dawatpur on Friday.
Spanning 1 lakh sq. ft. the...
Fashion & Lifestyle
Being human opens up in Pune
The retailer’s latest store is located in Seasons Mall, Hadapsar, Pune
New Delhi: Clothing and apparel brand Being Human has expanded its retail footprint by opening a new store in Pune, a social media post by a company official announced in a social...
FMCG
FMCG sector expected to see 7-9% revenue growth in FY25, helped by a recovery in rural markets: Crisil
PTI -
The F&B segment accounts for nearly half of the sector's revenue while PC and HC segments form a quarter eachNew Delhi: The fast-moving consumer goods (FMCG) sector is expected to see a revenue growth of 7 to 9% this...
Fashion & Lifestyle
India launches UPI payments at world-renowned Galeries Lafayette in Paris
PTI -
In February, India formally launched UPI at the iconic Eiffel Tower here, terming it as taking Prime Minister Modi’s “vision of taking UPI global”New Delhi: India has launched the Unified Payments Interface (UPI) at Paris' historic department store Galeries...
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Latest News
Parle, Britannia, and Amul named as top 3 most chosen in-home FMCG brands: Report
On a global scale, the five most chosen FMCG brands are Coca Cola, Colgate, Maggi, Omo and Knorr
Bengaluru: Parle Products...
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