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Sachin Tendulkar backed Universal Sportsbiz raises Rs 100 crore

The company had earlier this year also raised debt funding of Rs 30 crore (about $4.5 million) from venture debt firm Alteria Capital.

October 19, 2018  |  comments ( 0 )  | 

Liberty Lifestyle to target millennials for luxury perfume range

Keeping in mind India’s weather conditions and culture, we’ve given the new range a traditional cum modern touch.

October 18, 2018  |  comments ( 0 )  | 

Nestle eyes 3 per cent sales growth

Food group Nestle confirmed it wants to grow sales by around 3 per cent this year after strong trading in North America and China pushed up underlying sales in the third

October 18, 2018  |  comments ( 0 )  | 

Gunjan Soni and Ananya Tripathi to exit Jabong-Myntra by December

Soni is going to work at Singapore-based online fashion company Zalora as its CEO while Tripathi will join global investment firm KKR as an operating partner.

October 17, 2018  |  comments ( 0 )  | 

Foodpanda acquires Holachef

Foodpanda is looking to build deeper capabilities to cater diverse needs of millions of Indians by bringing different trusted offerings to enhanced food ordering

October 17, 2018  |  comments ( 0 )  | 

Amazon eyes 7-8 percent stake in Future Retail

The cost of this potential cash-and-stock deal could be worth 25 billion rupees

October 16, 2018  |  comments ( 0 )  | 

DailyNinja acquires WakeupBasket

This deal marks DailyNinja’s second buyout in Hyderabad after the acquisition of 4amShop a couple of months ago.

October 16, 2018  |  comments ( 0 )  | 

US retailer Sears Holdings Corp files for bankruptcy

The company listed $6.9 billion in assets and $11.3 billion in liabilities in documents filed in the US Bankruptcy Court in the Southern District of New York.

October 15, 2018  |  comments ( 0 )  | 

Philips Lighting to increase prices on select products

The company is facing rising input costs amid high crude oil prices, which have increased the transportation cost.

October 15, 2018  |  comments ( 0 )  | 

.Alibaba tries for stake in Spencer's

After, Flipkart take over by Walmart, Alibaba is actively scouting suitable opportunity to expand retail footprint in India.

October 13, 2018  |  comments ( 0 )  | 

Rahul Dravid to endorse Philips air purifiers

Philips India has roped in former Indian cricketer Rahul Dravid as brand ambassador for its air purifier business

October 12, 2018  |  comments ( 0 )  | 

Paytm may acquire UCWeb’s India biz

UC Browser has a strong foothold in Vietnam, Indonesia, Russia and its home turf, China.

October 12, 2018  |  comments ( 0 )  | 

Relaxo aims Rs 2,500 crore turnover this fiscal

As the part of distribution scale up strategy the company plans to open 50 standalone stores in current financial year taking the total count to over 350 stores.

October 08, 2018  |  comments ( 0 )  | 

Inox plans to add 50-60 screens every year

Inox Leisure Ltd, presently operates 529 screens spread across 66 cities.

October 08, 2018  |  comments ( 0 )  | 

IKEA plans to invest Rs 3,000 crore for three new centres

The company plans to have over 25 stores across major cities of the country.

October 06, 2018  |  comments ( 0 )  |