Sunday, November 24, 2024

Author: Ashutosh Dubey

Kalyan Jewellers reports 3.3% decline in Q2 net profit to INR 130.32 Cr

Kalyan Jewellers India has posted a 3.3% decline in consolidated net profit to INR 130.32 crore for the second quarter (Q2) ended September 2024....

Physics Wallah appoints Amit Sachdeva from Blinkit as CFO ahead of IPO

Physics Wallah, an edtech unicorn, has strengthened its leadership team by appointing Amit Sachdeva, former Blinkit executive, as its new Chief Finance Officer (CFO)....

CCI to move SC over competition law violations by Amazon, Flipkart

India's antitrust regulator, the Competition Commission of India (CCI), is considering taking its case against Amazon and Flipkart to the Supreme Court.High Courts receive...

Wrangler expands presence in India with six new stores, targets 60 in 2025

Global denim brand Wrangler has launched six new stores across India, strengthening its retail footprint in the country. The new stores, located in Ujjain,...

Luxury goods sales to decline 2% in 2024: Bain & Company report

The personal luxury goods market is facing a significant downturn, with sales expected to drop 2% this year, making it one of the weakest...

Luxury fragrance brand Nisara enters UAE with Beauty Brands Global

D2C fragrance brand Nisara announced on Monday, November 11 that it has teamed up with Beauty Brands Global DMCC, which will be its exclusive...

Reliance Consumer to take over D2C snacking startup TagZ foods for INR 28 Cr

Reliance Consumer Products, a subsidiary of Reliance Retail, is set to acquire direct-to-consumer (D2C) snacking startup TagZ Foods for INR 28 crore ($3.5 million)....

CAIT targets Quick Commerce platforms over alleged law violations

The Confederation of All India Traders (CAIT) has set its sights on quick commerce platforms like Blinkit, Swiggy Instamart, and Zepto, accusing them of...

Swiggy makes strong market debut, surges 16.91% above IPO price

Foodtech major Swiggy's shares closed at INR 455.95 on the BSE, a 16.91% increase from its IPO price of INR 390. The stock listed...

Cantabil Retail India reports INR 151.2 crore revenue for Q2, eyes expansion

Cantabil Retail India Ltd has announced its financial results for the second quarter ending September 30, 2024, showcasing impressive growth despite challenging market conditions....

‘We are expecting solid growth for 3-5 years’ – Swiggy CEO after successful listing

Swiggy announced on Wednesday, November 13 that it expects strong growth in the next 3-5 years. The company plans to expand its geographical reach...

Nykaa rewards employees with 1.8 lakh equity shares under ESOP, following 66.3% jump

Nykaa, direct-to-consumer beauty and fashion ecommerce platform, has allotted 1.8 lakh equity shares to its employees under the Employee Stock Option Plan (ESOP), following...

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