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Skoodle parent Stone Sapphire India targets Rs 1,100 cr revenue, eyes FMCG foray

The toys and stationary maker and distributor also plans to increase its category spread and take its products to international markets Bengaluru: Toys and stationery manufacturer Stone Sapphire India, known for its flagship brand Skoodle, is targeting to achieve a revenue...

Pacific Group opens the biggest mall in Faridabad

The Mall of Faridabad opened its door to the public on MondayNew Delhi: Retail real estate player Pacific Group opened the gates of its latest shopping centre The Mall of Faridabad in Haryana for customers on Monday. Spread across...

Phoenix Mills officially announces opening of the Mall of the Millennium

Spread across 16 acres and encompassing over 12 lakh sq. ft. of gross leasable area, it is located in the key consumption centre of West Pune in Maharashtra Mumbai: The Phoenix Mills Limited (PML), retail mall developer and operator, has...

Consumers spent $6.4 billion on first day of Amazon Prime Day: Study

This represents a 5.96% growth year-over-year (YoY) for Amazon Prime Day in terms of sales New Delhi: Amazon.com Inc. generated a sale of $6.4 billion on the first day of its flagship shopping event ‘Prime Day’ in the US, according...

Over 41,000 sub-standard toys seized after mandatory quality certification

A Quality Control Order for toys was issued on February 25, 2020, through which toys have been brought under compulsory certification from the Bureau of Indian Standards with effect from January 1, 2021New Delhi: Over 41,000 sub-standard toys have been...

Delhi HC upholding quality control order on toys to boost manufacturing, import of non-toxic toys

The QCO (quality control order) has been issued to ensure that the consumers who are children only below the age of 14 years are not exposed to sub-standard goods/ goods containing toxic material/toys containing toxic materialNew Delhi: The recent...

Govt hikes import duty on toys to 70 pc

Import duty hike on toys and parts of toys excludes parts of electronic toysNew Delhi: The government on Wednesday increased the import duty on toys and its components to 70 per cent with a view to cut inbound shipments...

Over 18,500 toys seized from Hamleys, Archies and other retail stores for lack of BIS quality mark

CCPA has also issued notices to e-commerce players like Amazon, Flipkart, and Snapdeal for alleged violation of toys quality control orderNew Delhi: The government on Thursday said 18,600 toys have been seized in the last one month from major retail...

Govt yet to issue quality certificate to 160 Chinese companies for selling toys in India

BIS quality certification is issued after an inspection of the factories. Due to the pandemic restrictions and health concerns, the BIS officials could not visit China, says BIS Director GeneralNew Delhi: The government on Friday said it has not yet...
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HUL to sell water purification business Pureit to AO Smith India

AO Smith Corporation expects to complete the acquisition of Pureit by the end of 2024New Delhi: Hindustan Unilever Ltd....
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