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Showing 1 - 15 News out of 1004

Indias retail sales will cross $1,244.58 billion by 2018: ASSOCHAM-Resurgent study

The year 2018 will see large scale growth in the Indian e-commerce sector with increased participation from people across the country.

July 13, 2018  |  comments ( 0 )  | 

Replay signs agreement with Reliance brands to enter India

Reliance Brands Limited will have the exclusive distribution rights to the Replay brand in the country.

July 11, 2018  |  comments ( 0 )  | 

VIP partners with Counfreedise to expand online reach

VIP will also avail the brands services of multi-portal selling, warehousing and Big Data analytics in order to benefit the best of the online retail environment.

July 10, 2018  |  comments ( 0 )  | 

Reliance Brands picks 12.5% stake in Future101

Future101 is engaged in manufacturing, distribution and sale of luxury apparels in India.

July 05, 2018  |  comments ( 0 )  | 

Zomato ropes in Mohit Gupta as CEO for its food delivery biz

Food delivery has been one of the most crucial areas of growth for Zomato with the vertical contributing about 30% of the overall revenues as of FY18.

July 04, 2018  |  comments ( 0 )  | 

LG names fourth-generation heir Koo Kwang-mo as new CEO

LG Group, which holds various globally-known affiliates under its wing, including LG Electronics and LG Chem, is considered South Korea's fourth-biggest business group.

June 30, 2018  |  comments ( 0 )  | 

Aditya Birla Retail signs pact to sell More to Samara Capital for Rs 4,300 cr

In 2017 fiscal, ABRL reported a 20% increase in sales to Rs 4,194 crore, narrowing net losses to Rs 644 crore from the year earlier. However, the company had debt of

June 30, 2018  |  comments ( 0 )  | 

Government to lease out Delhi Milk Scheme for 30 years

DMS has piled up losses of nearly Rs 900 crore and just has 6% market share in the capital’s milk market, but it sits on huge real estate and retail infrastructure in

June 29, 2018  |  comments ( 0 )  | 

Swarovski announces new leadership structure in India

With new management, India will play a key role in Swarovski’s South-East Asia and India operation.

June 27, 2018  |  comments ( 0 )  | 

Walmart Foundation invests nearly US$2 mn in 'Farmer Market Readiness Program' in India

At a meeting in New Delhi, senior representatives from Walmart and the International Crops Research Institute for the Semi-Arid Tropic (ICRISAT) launched ICRISAT's

June 27, 2018  |  comments ( 0 )  | 

ITC to extend YC Deveshwar's tenure by another two years

The Indian Institute of Technology-Harvard Business School alumni was one of India's longest-serving company bosses with over two decades at the helm as the executive

June 27, 2018  |  comments ( 0 )  | 

Major Brands brings Bath & Body Works to India

The first two Bath & Body Works stores will open in India in New Delhi's Select City Walk and DLF Mall of India (Noida) followed by Ambience Mall Gurgaon. The Mumbai

June 12, 2018  |  comments ( 0 )  | 

PremjiInvest invests Rs 1,700 cr on Future Retail, buys 6%

The largest in brick-and-mortar retail appeared in the Wednesday reports of a financial daily. After the transaction, Sunil Mittal-led Bharti will still own 3% in the

June 08, 2018  |  comments ( 0 )  | 

Arvind to invest Rs 1,500 cr in 3 yrs to raise garment output

The company has listed states like Gujarat, Karnataka, Jharkhand and Andhra Pradesh for setting up of large factories which can employ 10,000 workers. The development

June 08, 2018  |  comments ( 0 )  | 

ED imposed Rs 14-crore penalty on Videocon, 6 group companies in 2017

The order passed by ED on May 26 last year but previously not reported assumes significance since the inquiries revolved around loans disbursed and investments made by

May 28, 2018  |  comments ( 0 )  |