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Showing 1 - 15 News out of 2558

GST refund adversely effects Small biz exports

As per the data reveal by RBI micro, small and medium enterprises witnessed slump in credit even before demonetization and GST has not improved the situation.

August 18, 2018  |  comments ( 0 )  | 

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 )  | 

DailyNinja buys out 4amShop in all-cash deal

DailyNinja has acquired Hyderabad based 4amShop for an undisclosed amount in an all-cash deal.

August 10, 2018  |  comments ( 0 )  | 

Mukesh Ambani's Reliance busy 5% stake in Eros International Plc

Reliance has acquired 3,111,088 newly issued A ordinary shares from Eros which represents five per cent of Eros’ current issued and outstanding ordinary share capital

August 07, 2018  |  comments ( 0 )  | 

Arvind Limited posts 10% rise in Q1 revenue

The brands including Arrow, US Polo Association, Flying Machine and Tommy Hilfiger grew by strong 16% (20% adjusted for GST). Unlimited – the value retail offering –

August 07, 2018  |  comments ( 0 )  | 

TR Capital, Steadview make second investment in Lenskart

The total transactions in Lenskart has reached to five, which also counts International Finance Corp (IFC), the private sector investment arm of the World Bank, and

August 06, 2018  |  comments ( 0 )  | 

Walmart India to add 1,000 employees to strengthen its tech operations

Walmart has about 1,800 employees in technology operations in Bengaluru and Gurgaon and currently. The company is planning to increase the headcount and driving more

August 06, 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 )  | 

Amazon India announces 'Amazon Freedom Sale' From August 09 to 12

This Amazon Freedom Sale, customers can save more with an additional cashback of 10% when they pay using SBI Debit & Credit Cards.

August 03, 2018  |  comments ( 0 )  | 

Bosch, Siemens reduce washing machine, fridge prices by 7-8%

Lately, Centre had cut the GST rates from 28 per cent to 18 per cent on 15 items, including washing machine, fridge, laundry machines and food grinders.

August 03, 2018  |  comments ( 0 )  | 

Swiggy seeks investors attention to raise up to $500 mn Fund

Swiggy held talks with a host of new investors including SoftBank, growth equity firm General Atlantic and a couple of Chinese hedge funds for the new round.

August 03, 2018  |  comments ( 0 )  | 

Sachin Tendulkar eyes world market for its JV brand True Blue

The menswear label, which blends Indian authentic cloth making and dyeing techniques into western wear, was launched in 2016 and is currently sold through nearly 75

August 02, 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 )  |