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retail sector growth in india

Davaindia opens another store in Lucknow

The generic pharmacy chain has 220 stores in Uttar Pradesh, with 25 in Lucknow alone New Delhi: Surat-based private generic pharmacy retail chain Davaindia on Friday announced the opening of yet another store in Lucknow, where it already has 25...

Sellers on Flipkart facing issue in changing price, firms denies any intervention in pricing

The FDI norms bar any e-commerce player from interfering in price-related decisions of sellers on their platformNew Delhi: Some sellers on Flipkart have complained about issues facing problems in changing the price of their products since May 18 after...

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...

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...

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...

AI Startup Datachamps raises seed funding of $5,00,000

The funding was led by Windrose Capital and otherNew Delhi: Nashik-based data transformation and analytics startup Datachamps has raised an amount of $5,00,000 in its seed funding round, the company announced in a press release on Wednesday. The funding was...

Snitch attains 2.4 % share in men’s e-commerce fashion in India

It recently launched a flagship store in Pune’s Amanora Mall, which is the brand’s 11th storeNew Delhi: D2C fashion startup Snitch has acquired a 2.4 % market share in the men's fashion e-commerce segment, the company announced in 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...
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Latin Quarters targets Rs 200 crore revenue by FY26, eyes global entry: CEO Rahul Bhalla

The womenswear retailer ended the previous fiscal year with around Rs 108 crore in revenue and is aiming for...
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