today's retail news
Food & Beverage
Devyani Intl, PVR INOX join hands to operate food courts in shopping malls
PTI -
This partnership will empower DIL and PVR INOX to reach a wider audience and expand their market presenceNew Delhi: Quick service restaurant operator Devyani International Ltd (DIL) and cinema exhibitor PVR INOX on Tuesday said they will jointly establish...
Finance & Funding
100Unicorns launches $200 mn fund, plans to deploy it in 5.5 yrs
PTI -
Our target is to create 100 unicorns potentially in the next 10 yearsNew Delhi: Early-stage accelerator firm 100Unicorns, formerly 9Unicorns, has launched its second fund with a total corpus of $200 million, which it plans to invest in 200...
FMCG
Colgate-Palmolive India Q4 PAT up 20% at Rs 379.8 cr
PTI -
The company maintained sequential growth momentum in the fourth quarter of FY24Â New Delhi: Colgate-Palmolive (India) Ltd on Tuesday reported a 20.1% increase in profit after tax (PAT) to Rs 379.8 crore in the March quarter.The company had posted a...
Finance & Funding
Fundraising in retail crossed over Rs 1,100 cr in Q4 FY23-24
A significant contribution to the fundraising in the last quarter also stems from the television reality show Shark Tank Season 3IndiaRetailing Insights: Fundraises in the retail sector in the fourth quarter (Q4) of the financial year (FY) 2023-2024 crossed...
Latest News
AI spending in India may triple to $5 bn by 2027: Report
PTI -
AI spending in India is expected to increase to $5 billion with CAGR of 31.5%New Delhi: Spending on Artificial Intelligence (AI) in the country may triple to $5 billion by 2027, an Intel-IDC report released on Tuesday said.According to...
Latest News
Significant percentage of Indian companies hit by ransomware attacks in 2023: Sophos
PTI -
Ransomware attacks come with a timeline, threatening users New Delhi: Nearly 64% of Indian organisations surveyed were hit by ransomware attacks in 2023, a latest report by Sophos said on Tuesday, noting that while the attack rates fell year-on-year, the...
Fashion & Lifestyle
Armani Exchange opens outlet in Bengaluru
The new Armani Exchange store is located at Phoenix Mall of Asia, Hebbal, South BengaluruBengaluru: Italian apparel and accessories brand Armani Exchange (A|X) has launched its new store in Bengaluru located at Phoenix Mall of Asia, a mall official...
In Focus
DLF is building Khan Market-style neighbourhood plaza in Gurugram
DLF is already in the process of leasing another Plaza in Moti Nagar in Delhi. The Moti Nagar plaza had around 3 lakh sq ft and is expected to open later this year
New Delhi: DLF Ltd. is building a...
Spotlight
IKEA partners Rhenus to set up warehouse at Gurugram for online order deliveries in Delhi-NCR
PTI -
This step aims to support the growth of IKEA's e-commerce expansionNew Delhi: Swedish furniture retailer IKEA on Tuesday said it has partnered with Rhenus, a global logistics player, to support its e-commerce expansion and deliveries to customers in...
Food & Beverage
Namaskara Meals to open 20 outlets by FY25
The company began its operations recently, starting from Gurugram, with six new locations
Bengaluru: Indian street food restaurant chain Namaskara Meals is targeting to launch 20 more outlets by fiscal year 2025, the company said in a press release on...
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Latest News
Sreekanth Chetlur leaves Shoppers Stop, joins Saudi based Nice as Chief Ecommerce & Marketplace Officer
Chetlur will be starting his new role this SundayNew Delhi: Retail marketplace and e-commerce expert Sreekanth Chetlur leaves Mumbai-based...
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