top retail news
E-Commerce
Borzo to move its headquarters to India from Netherlands
PTI -
The company was launched in India in 2016 as WeFast and later globally rebranded in 2021 as 'Borzo'New Delhi: Global intra-city same-day delivery service provider for businesses Borzo (formerly WeFast) on Friday said it will move its headquarters to...
FMCG
Amul looks to expand products range in US market
PTI -
GCMMF has launched four variants of milk in the US to cater to the Indian diaspora and Asian populationNew Delhi: Gujarat Cooperative Milk Marketing Federation, which markets dairy products under the Amul brand, is looking to expand its product...
Consumer Durables & IT
Clearly inform customers about starting date of warranty period: CCPA to electronic appliance makers
PTI -
The feasibility of having the date of installation as the date from which warranty period should be calculated was discussed during the meetingNew Delhi: The Central Consumer Protection Authority (CCPA) Chief Commissioner Nidhi Khare has asked electronic appliance manufacturers...
Consumer Durables & IT
Daikin to sell 2 million units of AC in FY25, expand manufacturing capacity of compressors
PTI -
The company has already sold 7 lakh units of residential air conditioner (RAC) in the first three months of the yearNew Delhi: Air conditioner maker Daikin expects to manufacture two million units in India this fiscal and has plans...
People
AI will eliminate certain roles, but will create more jobs than it eliminates: Deloitte AI exec
PTI -
Consumerisation, banking, and hospitality are some of the other sectors that are utilising the power of AINew Delhi: AI will replace people with people, contrary to the common narrative, Deloitte's AI Executive Rohit Tandon said, emphasising that the future...
D2C
Kitchenware brand The Indus Valley targets Rs 200 crore revenue by end of 2024
Having over 250 SKUs already, the company is aiming to introduce over 1,000 SKUs in the coming yearsThe Indus Valley’s healthy kitchenware has been warmly received by customers across India, including chefs, home cooks, health-conscious individuals, fitness enthusiasts, and...
In Focus
D2C brand The Clownfish to achieve 100% CAGR by 2025: Co-founder Kushal Bhansali
The company aims to grow 2 times year-on-year (YoY) across the categories of bags and rainwear in the next three yearsWith the world returning to normal, the bags and luggage category is expected to grow at 25% YOY for...
Leaders Ink
From Gut Feeling to Big Data: How FMCG Brands Are Reading Your Mind (and Wallet)
Today, insights gleaned from market research and consumer behaviour are empowering Indian FMCG brands to comprehend their customers better and craft targeted strategiesIn the ever-evolving landscape of the Fast-Moving Consumer Goods (FMCG) sector in India, the transition from gut...
Home Decor & Furnishing
Stanley Lifestyles IPO subscribed 1.43 times on day 1 of offer
PTI -
The initial share sale received bids for 1,46,69,560 shares against 1,02,41,507 shares on offer, as per NSE dataNew Delhi: The initial public offer of luxury furniture brand Stanley Lifestyles got subscribed 1.43 times on the first day of subscription...
Consumer Durables & IT
American appliances and electronics giant Admiral to enter India
The company is partnering with Flipkart and will launch 26 SKUs on the e-commerce platformBengaluru: American multinational appliances and electronics company Admiral is entering the Indian market in collaboration with homegrown e-commerce company Flipkart, a top company official told...
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Latest News
Govt asks retailers to cut profit margins on pulses; pass on lower wholesale rates
The government warned that it would take stern actions against unscrupulous speculation and profiteering by market players.New Delhi: The...
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