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- News
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Showing 1 - 15 News out of 206
Ecommerce to contribute 11% of FMCG sales by 2030: Nielsen
Presently e-commerce accounts for 1.3% of the total FMCG sales and it is gaining traction very fast.
November 15, 2018
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Britannia Industries records profit in Q2
Total income from operations during the period under review was at Rs 2,913.55 crore.
November 13, 2018
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Retail sector set to reach USD 1750 bn. by 2026: FICCI-Deloitte report
E-commerce is expected to grow at a CAGR of over 30% during 2016-21
October 10, 2018
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Kolkata based CityLife to open 40-50 new stores
The company plans to raise funds by diluting minority stake to a private equity player.
October 06, 2018
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Aavishkaar invests Rs 40 crore in logistics company GoBOLT
GoBOLT, incorporated in 2015, focuses on disinter mediation and increased vehicle utilization by leveraging technology.
October 06, 2018
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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
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Flipkart Launches ‘Flipkart Supermart’, Its Online Grocery Store
Flipkart has announced the launch of Flipkart Supermart its grocery store, in all major pin codes of Bengaluru with plans to expand to 5 - 6 major cities by the end of
August 10, 2018
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B2B startup ShopX bags $35 mn fund from Fung Strategic Holdings
Nandan Nilekani, leading entrepreneur and investor, backed ShopX from its early days with a personal investment of more than US$18 million in addition to providing
August 07, 2018
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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
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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
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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
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Hershey India appoints Partha Gangopadhyay as Director Supply Chain
Partha is a Post Graduate in Food Technology from Central Food Technological Research Institute, Mysore and he has rich experience of working with multinationals such as
July 25, 2018
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Grofers to enter FMCG segment; targets Rs 2,500 crore sales in FY19
Grofers' range of private label is priced approximately 5 to 50 per cent lower than the market price for popular brands in these categories, it claimed.
July 18, 2018
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Reliance Retail may enter fashion wholesale biz
The new venture will fully focus on the growing fashion market in India, especially in small cities and towns. Reliance Retail having already consolidated its position in
June 29, 2018
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RapidRetail's new store in Ujjain aims to strengthens Patanjali’s brand connect
The megastore will have a dedicated Vaidya (medical service provider) who will treat patients free of cost and a Divya Pharmacy that stores the complete range of
June 18, 2018
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