top retail news
Food & Beverage
FSSAI to make mandatory labelling of salt, sugar, fat on packaged food items in bold letters, bigger font
PTI -
The amendment aims to empower consumers to better understand the nutritional value of the product they are consuming New Delhi: Food regulator FSSAI on Saturday approved changes in nutritional information labelling on packaged food items, proposing that total salt, sugar...
FMCG
FMCG makers expect single-digit revenue growth, margin improvements in April-June quarter
PTI -
Rural demand continues to see gradual but slight green shoots as real rural wages remain mutedNew Delhi: Fast-moving consumer goods companies expect single-digit volume growth along with expansion in margins during the April-June quarter of this fiscal, helped by...
Beauty & Wellness
Nykaa expects consolidated revenue to rise 22-23% in Apr-Jun qtr
PTI -
The Beauty vertical revenue growth for the quarter is expected to be around 22-23% YoYNew Delhi: FSN E-Commerce Ventures, the parent company of Nykaa, on Sunday forecast a year-on-year consolidated revenue growth of around 22-23% in the first quarter...
Fashion & Lifestyle
PC Jewellers gets PNB approval for one-time settlement of dues
PTI -
PC Jeweller had opted for OTS to settle the outstanding dues with a consortium of banksNew Delhi: PC Jeweller Ltd on Sunday said that Punjab National Bank has given its approval for one-time settlement of its outstanding dues.In a...
Payments
We should have done better, no secrets about it, says Paytm founder Vijay Shekhar Sharma
PTI -
Paytm Payments Bank Limited (PPBL) came under regulatory glare as RBI ordered it to stop accepting new deposits in its accounts and its digital wallet from MarchNew Delhi: Paytm founder Vijay Shekhar Sharma on Saturday spoke about his...
In Focus
Ikea plans 25,000 sq. ft. “mini” stores in India
This move is aimed at becoming more accessible to its consumers in the country
New Delhi: Ikea is now looking to open its miniature version 25,000 sq. ft. stores in India that are almost one-third of the Swedish furniture and...
Spotlight
Family offices increasingly investing in startups, diversifying portfolios: PwC India report
PTI -
Currently, there are over 300 family offices in India, as against 45 such offices in 2018New Delhi: Family offices are increasingly investing in startups, diversifying their portfolios, and seeking higher returns as they are shifting from traditional investments, a...
Fashion & Lifestyle
GreenStitch targets to manage 1 billion tonnes of carbon by 2030
So far, the sustainability solution provider has managed around 15 million tonnes of carbon emissions
Bengaluru:Â GreenStitch, a Bengaluru-based software as a solution (SaaS) provider focusing on sustainability in fashion and textiles, is targeting to manage one billion tonnes of carbon...
In Focus
Sacred cities see a retail boom as spiritual tourism surge: Report
The report identifies 14 key cities including Amritsar, Varanasi, Mathura, Ayodhya and Guruvayur, as witnessing the surgeBengaluru: Spiritual tourism is experiencing a rise, resulting in a retail boom in sacred cities like Amritsar, Varanasi, Mathura, Ayodhya, and Guruvayur, among...
D2C Buzz
Ahead of Budget, DPIIT recommends removal of angel tax on startups: Official
PTI -
As per the Budget, the excess premium will be considered as 'income from sources' and taxed at the rate of up to over 30%New Delhi: Ahead of the Union Budget, the Department for Promotion of Industry and Internal Trade...
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Latest News
Hygiene Brand Pee Safe hires Arijit Sen as VP
The company aims to achieve robust sales and garner lion’s share in the Rs 8000 crore feminine hygiene market.
New...
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