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Rural India a ‘bright star’ for FMCG sales; will continue to outpace urban expansion in Q2 of 2024: Kantar

This growth in the rural areas is helped by region-centric measures by the government in the interim budget earlier this yearNew Delhi: Rural India remains a "bright star" for the growth of fast-moving consumer goods sales and the region...

Zepto raises $665 million; valuation nearly triples to $3.6 billion

The funding round saw participation from new investors like Avenir, Lightspeed, and Avra, alongside existing investors Glade Brook, Nexus, and StepStone, Goodwater, and Lachy GroomNew Delhi: Quick commerce company Zepto on Friday said it has raised $665 million (about...

Baggit reaches 100-store milestone

The bags and accessories brand’s 100th store is located in Andhra Pradesh New Delhi: Premium bags and accessories brand Baggit has opened its 100th store in India, a top company official revealed in a social media post. The latest store spans an...

Camaro plans to set foot in west, north India

The expansion will help double its turnover to Rs 200 crore over the next three yearsNew Delhi: Camaro, the city-based denim and casual wear brand, is planning to expand its footprint to western and northern India, a company official said...

Ahead of IPO, Stanley Lifestyles collects Rs 161 cr from anchor investors

Stanley Lifestyles has decided to allot 43.66 lakh equity shares to 16 funds at Rs 369 a pieceNew Delhi: Luxury furniture brand Stanley Lifestyles on Thursday said it has raised a little over Rs 161 crore from anchor investors,...

John Jacobs targets 6 million consumers in three years to become India’s largest eyewear brand: Apeksha Gupta, CEO

Apeksha Gupta, chief executive officer of John Jacobs, talks about the premium eyewear brand’s strategic priorities, omnichannel journey, marketing initiatives and more Bengaluru: Designer eyewear brand John Jacobs, under the aegis of Lenskart, has carved a niche in the Indian eyewear...

Eatery chain Eve opens second outlet in Mumbai

The dining concept, parented by Monarch Liberty Hospitality, launched its first outlet in 2022Bengaluru: Monarch Liberty Hospitality’s dining concept Eve has expanded its retail presence with its second outlet in Mumbai, located at Worli, the company said in a...

Swiggy launches recruitment support initiative for partner restaurants

Swiggy has teamed up with staff hiring experts like Apna, WorkIndia, Kaam, and ShiftzNew Delhi: Food and grocery delivery platform Swiggy on Thursday announced the launch of a new feature on its partner app to connect restaurants with...

Rise in gold prices to restrain jewellery consumption growth to 6-8% in FY2025: ICRA

Gold prices rose 14% in FY24 on a YoY basis, and the current prices are higher by 19% over the FY24 averageBengaluru: Domestic jewellery consumption growth (in value terms) is expected to moderate to 6-8% in fiscal year (FY)...

Blue Dart launches drone deliveries in collaboration with Skye Air

The move marks a significant advancement towards cleaner and more efficient delivery solutionsNew Delhi: Logistics operator Blue Dart on Wednesday announced the launch of drone deliveries in collaboration with Skye Air and said the partnership will initially focus on...
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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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