Post-festive Season Surge, FMCG Sales Decline 14 pc In November
FMCG sales have fallen by 14 percent last month, post the festive season.  Packaged foods grew 32 percent during November against the same month…
Lenovo Registers $621 mn Revenue in Sept Quarter
Tech major Lenovo has logged a strong performance in July- September 2021 period with total revenue at USD 621 million during the quarter.  The…
COVID Pandemic Expediates PVR's Business Diversification
The ongoing pandemic might have battered the cinema exhibition industry's core business but it has also accelerated diversification, Gautam Dutta,…
Reliance Retail Unveils Premium Shopping Mall Jio World Drive in Mumbai
Reliance Industries' retail subsidiary on Monday unveiled the premium shopping mall Jio World Drive (JWD) in Mumbai. The mall offers a slew of…
Explore Upcoming Events And New Age Agendas
  • IReC 2024
    29-30 Apr, Hotel Sheraton Grand, Bengaluru

    Launched in 2014, the Industry of Retail & eCommerce Summit has seen many years of growth, evolution and transition.

  • D2C INDIA 2024
    29-30 Apr, Hotel Sheraton Grand, Bengaluru

    Setting in Motion the New Commerce Revolution as the biggest and widest D2C community will gather in 2024.

  • Franchise India 2024 Delhi
    18-19 May, (IICC) India International Convention and Expo Centre, Delhi, India

    Meet 500+ franchisors across diverse industries, network with 40,000+ verified buyers, and gain insights from the startup community.

  • India EV Show
    29-30 June, Hall No. 3, Chennai Trade Centre, Chennai

    The INDIA EV SHOW's 4th edition is a Premier Show & Exhibition, sparking innovation and forging connections between emerging Startups and established heavyweights in the electric mobility arena.

  • FROEXPO Chennai
    29-30 June, Hall No. 2, Chennai Trade Centre, Chennai

    India’s premier and most trusted Business & Tradeshow is back in Chennai to provide a platform for highly evolved prospects, qualified investors, entrepreneurs from across India, neighbouring countries and delegations from other parts of the world.

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Digital Mall of Asia brings in diversification by partnering with popular brands
Digital Mall of Asia, a first-of-its-kind virtual e-commerce platform that was primarily designed to offer immersive shopping experiences to…
Mask, sanitizer & gloves sales skyrocket as India prepares to battle Coronavirus
Amid the coronavirus alarm in India, the sale of face masks, sanitizer, and gloves have soared in the country. India's manufacturing industry has…
Aditya Birla Fashion & Retail reports Q3 net loss of Rs 37.64 cr
Aditya Birla Fashion and Retail Ltd (ABFRL) has posted a consolidated net loss of Rs 37.64 crore for the quarter ended on December 31, 2019. In the…
Walmart B2B Cash & Carry Business Supports Kirana Members with PhonePe's Secure Payment Options
Walmart India, a wholly-owned subsidiary of Walmart Inc., and PhonePe, one of India's fastest growing payments platforms, has announced that they…
Grofers' standalone loss narrows to Rs 258 crore in FY18
Grofers has narrowed its standalone losses to Rs 258 crore in the financial year 2017-18. The company's revenue from operations rose 58% to Rs 53…
Epic Group to make $20 million investment in India
Epic Group, a manufacturing multinational conglomerate headquartered in Hong Kong, will make an investment of around $20 million in Ranchi, State of…
V-Mart eyes tier 3 & 4 cities for expansion
V-Mart is targeting tier-3 and tier-4 cities for the retail expansion strategy. The company sees a lot of potential and growth opportunity in these…
Skechers India to become wholly-owned subsidiary of Skechers Footwear
Skechers USA, Inc, a global leader in the footwear industry, has announced that the company has purchased the minority share of its joint venture in…
Aditya Birla Fashion & Retail posts 100% rise in Q3 net profit
Aditya Birla Fashion and Retail has reported a 100% increase in net profit to Rs 70 crore for the third quarter of the financial year 2018-19,…
Foodhall eyes Rs 250 crore revenue this fiscal
Foodhall, the premium lifestyle and food superstore of Future Group, is eyeing revenue of Rs 250 crore this fiscal. The brand is launching some new…
DailyNinja celebrates 15 million orders fulfilled
Bengaluru-based hyper-local platform DailyNinja has announced that the company has completed 15 million orders till date. Established in late 2015,…
Myntra's revenue for FY18 plunges by 80%
Flipkart-owned Myntra Designs Pvt Ltd, which runs online fashion retailer Myntra, has reported an 80% drop in revenue for the year ended March 2018…
Daikin India aims $1 billion turnover in India in 2 years
Daikin India, an air conditioner maker, is eyeing to be a $1 billion brand in India in the next two years on account of high double-digit growth in…
Urban Ladder doubles revenue in FY18
Urban Ladder, Bengaluru-based furniture and home décor retailer, has reported an increase in operating revenues in the year ended March 31, 2018.…
Boat plans to clock Rs 500 crore turnover in next 5 years
Consumer tech brand Boat, selling audio products such as earphones, headphones, speakers and travel chargers, is eyeing revenue of Rs 500 crore in…
BigBasket's wholesale unit posts 35% revenue jump in FY18
BigBasket saw the revenue of its wholesale business Supermarket Grocery Supplies Private Limited grow by 35% to Rs 1,606 crore in the financial year…
Grofers targets to earn $2.5 bn in revenue by 2020
SoftBank-backed Grofers is aiming to earn $2.5 billion in revenue by 2020 as it scales up its private label offerings in India and focuses on…
RP Sanjiv Goenka Group targets Rs 1,000 cr annualised revenue from FMCG
RP-Sanjiv Goenka Group has invested more than Rs 500 crore to build its nascent packaged snacks business. The group is planning to invest more to…
Vodafone Partners With Flipkart To Offer 4G Smartphone
Vodafone has inked an 'exclusive partnership' with Flipkart, wherein its customers can get entry level Smartphone for Rs. 999. As a part of this…
Laundry Startup Dhobilite Offers Franchise Opportunity
DhobiLite is the pioneer of on-demand laundry services in India and after expanding its services in every nook and corner of Delhi NCR region,…
Whatsapp Launches Whatsapp Business For Small Business
WhatsApp has launched a new service WhatsApp Business, aimed at small businesses that have thus far been using their accounts meant for individuals…
HUL Profit Jumps To 28% In Q3
Hindustan Unilever (HUL), India's biggest consumer goods company, on Wednesday reported 28 per cent YoY rise in net profit at Rs 1,326 crore for the…
Razorpay Bags $20 mn Fund From Investors
Payments Company Razorpay has raised $20 million in a round led by existing investors Y Combinator and Tiger Global as well as Matrix Partners, as…
Kodak Ties Up With Flipkart For Power Banks
US-based consumer products maker Kodak said it has tied up with Flipkart for its power banks. The company said it has launched five variants of…
Whirlpool India To Foray Into Commercial Appliances
American appliance maker, Whirlpool of India is foraying into commercial appliance segment by launching products from its European portfolio…
Paytm To Introduce Loyalty Program To Prop Up sales
Paytm is introducing a loyalty programme that will allow users to accumulate points and use it across all of Paytm’s platforms and its offline…
Samsung India Mobile Business Increases To 27%
Samsung India’s mobile phone business clocked a 27% increase in revenue to over Rs 34,000 crore ($5.3 billion) for the year ended March 2017 the…
Bangladesh Calls For Indian Investment To Boost Its Garment Business
Bangladesh has called for investments from Indian entrepreneurs to give a boost to its growing readymade garment manufacturing sector. President,…
I want to be a winemaker: The Myntra CEO
Ananth Narayanan is collecting signature wines to pass on as pieces of inheritance to his three daughters rather than entrusting property and…
Home Furnishing Company IKEA To open 6 Stores In NCR
IKEA, the Swedish home furnishings company purchased its first land parcel in Gurugram, Haryana and its fourth one in India after Hyderabad, Mumbai…
Lenovo expects PC business to grow by 5% post GST rollout
PC maker, Lenovo, is expecting a five per cent increase in business after the implementation of GST which will now require even small traders to…
Patanjali will become a Rs 1 lakh-crore industry by 2040, says Baba Ramdev
Yoga guru Baba Ramdev, owner of Patanjali, said that his Patanjali group’s turnover would grow 100% for the next five years. Patanjali is currently…
CII to organise GST workshop, awareness campaign to make enterprises GST-ready
Industry body CII said India Inc is ready for the GST implementation from July 1, as the new indirect tax regime will contribute significantly…
ShopClues expects to gather more users through Nasdaq listing
ShopClues, one of the famous e-commerce marketplace, has declared to have been planning to file for a Nasdaq listing and would be garnering sales…
The biggest hurdle in India's eCommerce being tackled by Flipkart's Binny Bansal
Binny Bansal, who is the newly appointed chief executive of Flipkart, will keep control of the company’s logistics arm as the home grown e-retailer…
Maharashtra Govt. allowing shops to open 365 days will benefit business and consumer equally
FICCI appreciates the Government of Maharashtra's move of exempting the retail establishments in the state from weekly closure as mandated by the…
20 Keralites feature in '100 Indian Power List'
 As many as 20 entrepreneurs and professionals from Kerala have been named in the annual list of 100 powerful Indians in the Gulf countries with…
PM drums up support for Indian business in Japan
Known for his communicating skills, Prime Minister Narendra Modi, on Tuesday, joined the ceremonial Japanese drummers to perform a jugalbandi with…
115th Canton Fair: Enhanced innovation and service highlights future of trade
GUANGZHOU/China: Though the Chinese national team did not make it to the FIFA World Cup in Brazil, Chinese merchandise certainly did. One flag…
ITC Limited gets sanction for merger of Wimco Ltd\'s business
By PTI   NEW DELHI: Diversified group ITC today said its scheme for demerger of the non-engineering business of its subsidiary Wimco Ltd, for the…
New CEOs appointed
Undergoing a top-deck rejig, PepsiCo India has welcomed on board Praveen Someshwar, who was the CEO of the Beverages business, as the Head of the…