today's retail news
E-Commerce
Myntra forays into gifting category
The e-tailer will offer more than 70,000 options from over 100 brands, across 50 categories
Bengaluru: Fashion and lifestyle e-commerce platform Myntra is set to expand into the gifting category with a selection of more than 70,000 options from over 100 brands,...
In Focus
Union Budget 2024-25: Retail leaders laud the strategic direction of the initiatives
Retail leaders across categories assess the impact of the key announcements in the Union Budget 2024-25, analysing how the newly introduced measures and policy changes will influence their operations and growth prospects
Bengaluru:Â The Union Budget 2024-25, revealed on Tuesday by...
FMCG
Hindustan Unilever shares drop over 3% after Q1 earnings
PTI -
The stock went lower by 3.33 per cent to Rs 2,674.10 on the BSE and at the NSE, it declined 3.29 per cent to Rs 2,675.10New Delhi: Shares of Hindustan Unilever Ltd (HUL) on Wednesday declined over 3 per...
FMCG
HUL Q1 profit up 2.2% to Rs 2,612 crore
PTI -
The company's revenue from product sales was marginally up 1.68 per cent at Rs 15,497 crore as against Rs 15,240 crore in the year-ago periodNew Delhi: FMCG major Hindustan Unilever Ltd (HUL) on Tuesday reported 2.2 per cent rise...
In Focus
Relief for salaried class under new tax regime; 50% hike in standard deduction to Rs 75,000
PTI -
Finance Minister Nirmala Sitharaman said salaried employees in the new tax regime could save up to Rs 17,500 in income tax annually following the changes announced in the BudgetNew Delhi: In sops for the middle class, Finance Minister Nirmala...
Latest News
Mahindra Logistics profit falls 55% to Rs 10.15 crore in April-June
PTI -
The revenue during the quarter under review, however, rose 10 per cent to Rs 1,156.66 crore from Rs 1,050.92 crore in the year-ago periodMumbai: Mahindra Logistics Ltd. (MLL) on Monday said its standalone profit fell 55 per cent to...
E-Commerce
ShopClues aims $100 million in e-commerce exports by year end; eyes US, European markets: MD Anuraag Gambhir
The Gurgaon-based company is also planning to introduce international brands to India from Southeast Asian countries Bengaluru: ShopClues, the Indian e-commerce platform owned by Singapore-based Qoo10, has entered the next phase of its rebranding as a cross-border e-commerce platform, now...
E-Commerce
Data privacy issues, online frauds emerging as e-commerce growth hurdles: Eco Survey
PTI -
The survey mentioned that India's e-commerce market has gained significant momentum during the past few years, owing to technological advancementsNew Delhi:Â Issues related to data privacy and rising online frauds are emerging as significant hurdles in the growth of e-commerce...
Research
‘Swiss Watch Industry Insights 2024: Spotlight on India’ by Deloitte
The report delves into the Indian watch market, highlighting the Swiss watch industry's potential in IndiaBengaluru: ‘Swiss Watch Industry Insights 2024: Spotlight on India’ report by professional services network Deloitte delves into the Indian watch market, highlighting the Swiss...
Spotlight
GST played remarkable role in reducing logistics cost: Economic Survey
PTI -
The tax regime has ensured that trucks do not have to wait for hours on state borders, which has brought down the travel time by up to 30 per cent.New Delhi: The Goods and Services Tax (GST) has played...
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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:Â Parle Products...
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