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ITC's top eight FMCG brands cross the $2-billion milestone
The collective sales of ITC’s FMCG brands crossed the $2-billion (Rs 13,000 crore) milestone in the fiscal ending March 2018, with three packaged…
Amazon Transportation Services sees revenue rise of Rs 996 cr in 2017 fiscal
The logistics arm of Amazon India, Amazon Transportation Services has posted a revenues rise by 60% to Rs 996 crore for FY17 from Rs 621 crore in…
Amazon Pay's loss soars to Rs 177 cr
The digital payments arm of Amazon India, Amazon Pay has witnessed losses of Rs 177 crore in FY17, owing to its heavy expenditures on advertising…
Myntra Financial losses Cut By 25% to Rs 655 cr in 2017 Fiscal
The fashion and lifestyle arm of the Flipkart group has registered a reduction in FY17 losses by 25% to Rs 655 crore as against Rs 823 crore in the…
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HUL posts 14% YoY rise in Q4 profit to Rs 1,351 Cr
FMCG major Hindustan Unilever (HUL) has reported 14.20 per cent YoY rise in net profit of Rs 1,351 crore for the March quarter, marginally beating…
Westlife Development Revenues Cross Rs 1100 Cr Mark In FY18
Westlife Development Limited owner of the Master Franchisee of McDonald’s restaurants in west & south India, today announced audited financial…
Ecom Express revenue Surges 40% in 2018 Fiscal,Bets big on D2C logistics
Logistics firm, Ecom Express has recorded a 40% rise in revenues in FY18 and expanded its delivery network by 50%, said chief executive TA Krishnan.…
Walmart India cuts losses by 27% in FY17
Walmart India has claimed to have narrowed its losses by almost 27% during FY17 compared to the 12 months in the previous fiscal, according to its…
D-Mart Posts Q4 Net Profit, Revenue up by 22.5% at Rs 3,810 Cr
India’s leading food & grocery retailers, Avenue Supermarts Ltd. (ASL) has declared its financial results for the quarter and year ended March…
Apple Posts Highest India revenue in fiscal 1st half
Apple is planning to bring all its initiatives to the Indian market, including retail, as it sees a big opportunity in the South Asian nation where…
Retail Chain Shoppers Stop Posts Q4 Net Profit At Rs 20.78 Cr
Retail chain Shoppers Stop has reported a standalone net profit of Rs 20.78 crore for the fourth quarter ended March 31, 2018. The company had…
Snapdeal Net Loss Increases To Rs 4,647 Cr In 2016-17
E-commerce firm Snapdeal has gone through a sales loss amounting to Rs 4,647 crore for the fiscal ending March 2017, impacted by a provision for "…
Mukesh Ambani Led Reliance Retail Crosses $10 billion Sales Mark
Mukesh Ambani-led Reliance Retail has become the first retailer in the country to cross the $10 billion sales mark, doubling its revenue during…
Express industry to grow to Rs 48,000 crore by 2023: Deloitte
The Indian express industry is estimated to see a rise in the compounded annual growth rate of 17% and reach Rs 48,000 crore by 2023, according to…
Avenue Supermarts M-cap Crosses Rs 90,000 Crore Mark
Avenue Supermarts, the parent of hypermarket chain D-Mart, scaled a fresh all-time high of Rs 1,494.80 in the afternoon trade on Monday, with…
LG Electronics Claims Unexpected Q1 profit Rise Of 20%
Beating the market prediction, South Korea Electronics maker LG Electronics Inc is expecting quarter operating profit to rise 20 per cent from…
Lloyd To Open 30 Retail Showrooms In UP By 2020, Aims Business To Double
Consumer durable brand Lloyd has planned to launch 30 retail showrooms in Uttar Pradesh by 2020 and is looking to double its business in the state…
Toshiba to delay annual financial statement till August 10
Japanese electronics giant, Toshiba Corp said that it now estimates a bigger loss for the past year ended in March due to potential legal damages…
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