today's retail news
In Focus
From multiplex mogul to singer: Life comes full circle for PVR INOX chief Ajay Bijli
PTI -
Bijli started with covers of the songs that he likes in English and Hindi during the COVID-19 pandemicNew Delhi: He had a college band and a love for music he says he left behind to handle the family business...
Latest News
Voyage Eyewear appoints Sahil Sharma as director of marketing
Sharma will be responsible for driving the brand's marketing strategies and expanding its reach on a local and global scaleNew Delhi: Voyage Eyewear, a direct-to-consumer (D2C) brand offering luxury sunglasses, announced in a press release that it has appointed...
E-Commerce
CBDT clarifies applicability of TDS liability for e-retailers on ONDC
PTI -
As per the FAQ issued by the Central Board of Direct Taxes (CBDT), a 1 per cent TDS will have to be deducted from the gross sale amountNew Delhi: The income tax department on Thursday clarified the applicability of...
Speciality Retail
Lenskart opens first store in Riyadh, Saudi Arabia
The company forayed into the Middle East market in the year 2021 with its start in Dubai
New Delhi: Gurugram-based eyewear retail chain Lenskart has opened its first flagship store in Riyadh, Kingdom of Saudi Arabia, a social media post...
Finance & Funding
Ratan Tata to divest all shares in FirstCry IPO
PTI -
Ratan Tata is looking to sell all 77,900 shares of Brainbees Solutions Ltd, which owns omnichannel platform FirstCry, in the upcoming IPONew Delhi: Veteran industrialist and former Tata Group Chairman Ratan Tata is looking to sell all 77,900 shares...
Finance & Funding
Dermocosmetics startup SkinQ gets seed funding
PTI -
The funds will be utilised towards new product launches, research and development, team expansion, and brand enhancementNew Delhi: Dermocosmetics startup SkinQ on Thursday said it has secured seed funding led by Inflection Point Ventures.The funds will be utilised towards...
Fashion & Lifestyle
FirstCry’s parent Brainbees files papers to garner funds via IPO
PTI -
The Pune-based company's proposed IPO comprises a fresh issue of equity shares aggregating up to Rs 1,816 crore and an Offer For Sale (OFS) of up to 5.44 croreNew Delhi: Brainbees Solutions Ltd, which owns omnichannel baby and mother-care...
Latest News
Dermocosmetics startup SkinQ raises Rs 3 crore in seed funding
The funding is led by Inflection Point Ventures in participation with Venture catalysts and Super Angels
New Delhi: Dermocosmetics startup SkinQ has secured a seed investment of Rs 3 crore from Inflection Point Ventures in participation with Venture catalysts and...
Latest News
Bata India gets Rs 60.56 crore sales tax notice
PTI -
Kolkata:Â Footwear major Bata India has received a notice from the State Tax Officer, Anna Salai Assessment Circle, Chennai, amounting to Rs 60.56 crore, the company said in a filing to the bourses on Thursday.The notice dated December 27, 2023,...
Food & Beverage
Tim Hortons to open new outlet in Maharashtra
The new store will open at Khalapur on the Mumbai Pune Expressway
New Delhi: International coffeehouse and restaurant chain Tim Hortons has announced in a social media post that it will open a new outlet on December 29 at Mumbai...
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Latest News
Fashion brand Theater raises $1.5 mn in pre-series A funding
The funding round was led by Mumbai-based venture capital firm Prath Ventures
New Delhi: Chandigarh-based fashion brand Theater has raised around 12.5...
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