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Army Canteen stores record profit

A year ago, it had earned a net profit of Rs 280 crore on sales of Rs 17,000 crore.

August 16, 2018  |  comments ( 0 )  | 

Paytm Mall Targets $10 Bn in Annualized Gross Sales by March 2019

Paytm Mall’s O2O operating model is aiming to leverage India’s 15 million offline retail shops to participate in India’s e-commerce boom.

August 16, 2018  |  comments ( 0 )  | 

Future Consumer Limited signs a strategic partnership with MaxWholesale

Future Consumer Limited has inked a partnership with MaxWholesale to bring its products to the neighbourhood grocery stores in Delhi NCR

August 14, 2018  |  comments ( 0 )  | 

Nestle India Q2 net profit grows 50% to Rs 395 cr

The January-December financial year following company had posted a net profit of Rs 263.43 crore for the April-June quarter of 2017-18.

August 04, 2018  |  comments ( 0 )  | 

WS Retail stops selling on Flipkart’s platform

WS Retail’s revenues declined 67% from Rs 13,900 crore in FY16 to Rs 4,600 crore in FY17. The company reported a net loss of Rs 24 crore for FY17 against a profit of

August 04, 2018  |  comments ( 0 )  | 

Yuvraj Singh's YWC brand launches 2nd flagship store

The launch of the store at VR Punjab witnessed an extensive display of YWC’s new sports gear collection as well as the core fashion collection introducing their

August 02, 2018  |  comments ( 0 )  | 

Myntra buys omnichannel platform Pretr

With this deal, Myntra has prepared itself to forge omnichannel partnerships with brands on its platform and provide a comprehensive solution to retailers to enhance

August 01, 2018  |  comments ( 0 )  | 

India Circus Launches Maiden Store in Chennai

The store is designed to bring to life the rich Indian heritage with its contemporary Indian designs and elegant range of products across home décor, dining, fashion and

July 30, 2018  |  comments ( 0 )  | 

Reliance Retail goes online to fight Flipkart, Amazon

Reliance Retail, which is the country’s largest brick-and-mortar retail chain, has launched an online shop front for its smartphone and electronics format Reliance

July 30, 2018  |  comments ( 0 )  | 

ITC Q1 profit upsurges 10% YoY to Rs 2,819 cr, meets Street estimates

Net sales jumped 9.20 per cent YoY to Rs 10,874 crore in Q1FY19 over Rs 9,954.60 crore in Q1FY18. ETNow poll had projected net sales of Rs 10,812 crore for the FMCG

July 27, 2018  |  comments ( 0 )  | 

Creative goods maker Etsy Forays into Indian market

The newly formed team in India is based in Delhi and will focus on creating more opportunities for India’s extensive maker community to sell their products worldwide.

July 27, 2018  |  comments ( 0 )  | 

Snapdeal turns cash-flow positive in June, to fuel growth with reinvestment

In an internal letter shared with employees and their families, founders Kunal Bahl and Rohit Bansal said the ecommerce firm had turned cash-flow positive in the month of

July 26, 2018  |  comments ( 0 )  | 

Panasonic India eyes Rs 12,300 cr revenue in FY18

The company also expects its B2B business to contribute almost half of its revenues by FY 2020-21 as it is expanding its presence in the segment.

July 26, 2018  |  comments ( 0 )  | 

Khazanah may invest in Pepe’s India arm

Khazanah joins The Carlyle Group, Advent International and General Atlantic to acquire a stake in Pepe Jeans.

July 24, 2018  |  comments ( 0 )  | 

Bata India reports 37% rise in Q1 2018-19 Net profit to Rs 82.6 crore

The number is not comparable to previous period because of introduction of GST from July 2017.

July 21, 2018  |  comments ( 0 )  |