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Showing 1 - 15 News out of 1152

Report says online platforms capture 38% smartphone sales in India

Xiaomi led online platforms with a share of 57 per cent during Q1 2018, followed by Samsung (14 per cent) and Huawei (Honor) (8 per cent).

June 15, 2018  |  comments ( 0 )  | 

Onida to manufacture television panels!

The company plans to register 10 percent revenues from this category.

June 08, 2018  |  comments ( 0 )  | 

ITC's top eight FMCG brands cross the $2-billion milestone

An investors presentation from the company showed that the annual consumer spend on ITC's FMCG brands rose to more than Rs 16,000 crore in FY18 compared to Rs 14,000

June 07, 2018  |  comments ( 0 )  | 

Tanishq's Mia brand eyes Rs 1,000 cr turnover in 5-6 years

Launched the brand for working women in 2011, Tanishq sells the Mia jewellery range from its existing stores, standalone Mia stores and select shop-in-shops at multi

June 04, 2018  |  comments ( 0 )  | 

Whirlpool plans to acquire 49% in Elica PB

The transaction is expected to close in the second half of 2018, as per a media release. The parent companies of both the Indian entities will be filing for regulatory

June 04, 2018  |  comments ( 0 )  | 

CAIT files complaint with ED against Flipkart

In its complaint with ED, CAIT said that Flipkart in the guise of operating under a marketplace model is actively engaged in the inventory-based model of e-commerce.

June 02, 2018  |  comments ( 0 )  | 

Increasing crude oil prices to make ACs, fridge & microwave costlier soon

The industry had benchmarked the rupee at Rs 66 against the dollar in its existing pricing strategy, but it’s currently hovering over Rs 67, having depreciated by 7%

May 30, 2018  |  comments ( 0 )  | 

Apparel brand Arrow eyes over 20% sales growth in 4-5 years

As per Dhingra there will be surge in demand for work wear as a category in the foreseeable future. "However, the way people dress up for work is changing so we have

May 28, 2018  |  comments ( 0 )  | 

Notices sent to HUL, P&G, LG: Taxman disallows AMP deductions sought by MNCs

Consumer companies such as Hindustan Unilever, P&G, L'Oreal, LG and Maruti Suzuki have already been notified by the income-tax department. Industry experts peg the total

May 25, 2018  |  comments ( 0 )  | 

Ola's former COO Vishal Kaul to join back PepsiCo

A management trainee at PepsiCo, Kaul has market experience in sales and his last role at PepsiCo was as general manager, Thailand.

May 25, 2018  |  comments ( 0 )  | 

Kroger buys Chicago-based Home Chef for $200 mn

Kroger will pay $200 million for Chicago-based Home Chef, and may pay an additional $500 million over five years provided the sales reach desired milestones. Kroger plans

May 24, 2018  |  comments ( 0 )  | 

Weather Anomalies hamper Overall Sales in AC Sector

According to industry officials, sales are 10-15% lower than last year and a revival looks tough, considering monsoon is set to arrive before time. March-May which is

May 22, 2018  |  comments ( 0 )  | 

H&M Framing Plans for Increased Garment Sourcing From India

The brand has been sourcing home textiles from India for nearly three decades for its global clientele.

May 22, 2018  |  comments ( 0 )  | 

Adidas India to open 4-5 stadium Format outlets this Year

The stadium format stores have already proved successful from the business point of view in countries such as US, UK, France, Japan and South Korea.

May 21, 2018  |  comments ( 0 )  | 

PE Firm L Catterton Invests Rs 170 Cr in Future Lifestyle Fashion

FLF, which is the largest department store chain in the country has Central, Brand Factory and more than a dozen brands including Indigo Nation and Lee Cooper operating

May 19, 2018  |  comments ( 0 )  |