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Report says retail sector has attracted Rs 5,500 cr PE since 2015

The steady increase in interest from private equity investment companies has propelled developers of retail malls to re-evaluate their portfolio to include of 3

May 23, 2018  |  comments ( 0 )  | 

Online Grocery Startup Milkbasket Raise $7 Mn Series A Round

In previous raises, the company had raised $3 million in a pre-series A funding from Unilever ventures and others in January 2018.

May 22, 2018  |  comments ( 0 )  | 

Cookies Maker Britannia rejigs global sourcing to cut costs

The plant will produce cookies, biscuits and rusk, among other products. The company, which makes Good Day and Tiger biscuits, has 75 manufacturing facilities, including

May 16, 2018  |  comments ( 0 )  | 

Future Group Plans To Open 140 Exclusive Stores With Rs 350 Cr Investment

Out of these planned about 140 new exclusive stores, 40 will be opened in the current fiscal year.

May 14, 2018  |  comments ( 0 )  | 

Flipkart Won't Change Into Walkart: Doug McMillon

This time around, Walmart's choice in India is starkly different. While Flipkart has absorbed billions of dollars of investor money to rapidly grow its business, its main

May 10, 2018  |  comments ( 0 )  | 

Deal Among Best Decisions By Flipkart: Walmart CEOWalmart CEO Calls deal the best decisions by Flipkart

Walmart's investment includes $2 billion of new equity funding that would help Flipkart to accelerate its growth pace amid stiff competition from Amazon, which is also

May 10, 2018  |  comments ( 0 )  | 

Snapdeal To Sell Unicommerce' Biz to Infibeam In Rs 120 Cr deal

Both the companies kept the deal a top secret and will hold a board meeting to get the deal approval, as per the sources.

May 07, 2018  |  comments ( 0 )  | 

Walmart India cuts losses by 27% in FY17

The company posted a loss of Rs 75 crore for FY17. It also witnessed a 10% revenue growth for the fiscal ending March 2017 as compared to previous 12 months.

May 07, 2018  |  comments ( 0 )  | 

Wipro consumer to push global brands in India

Santoor, which has crossed Rs 1,900 crore in sales, has a 9.4% share within soaps and is among the country’s top three soap brands with HUL's Lifebuoy and Lux.

May 03, 2018  |  comments ( 0 )  | 

Jabong launches Showstopper Festival

The festival features a highly curated range of collection from the most renowned international, luxury, designer, beauty, accessories, and athleisure brands.

April 30, 2018  |  comments ( 0 )  | 

Mukesh Ambani Led Reliance Retail Crosses $10 billion Sales Mark

Reliance Retail's profit before depreciation, interest, and taxes for the year grew 114% year-on-year to Rs 2,529 crore as compared to Rs 1,179 crore a year ago.

April 30, 2018  |  comments ( 0 )  | 

Somany Ceramics' first plant in Andhra Pradesh to be ready in December

The company also has a vast distribution network comprising over 12,000 dealers and sub-dealers and 350 franchisee managed showrooms.

April 24, 2018  |  comments ( 0 )  | 

GreyOrange Appoints Dieter Berz-Voege as CEO of EMEA

Lately, Berz-Voege has served as CEO of a premier cloud consulting partner Storm Reply.

April 11, 2018  |  comments ( 0 )  | 

Avenue Supermarts M-cap Crosses Rs 90,000 Crore Mark

Share price of Avenue Supermarts closed 3.48 per cent up at Rs 1,488, whereas benchmark BSE Sensex settled 91.71 points up at 33,880.

April 11, 2018  |  comments ( 0 )  | 

ASICS Prepares To Comply With FDI Norms To Launch Single Brand retail

As per reports, ASICS India currently sources about 10-12 percent of its total products sold from India.

April 10, 2018  |  comments ( 0 )  |