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Tuesday, October 15, 2024

Business

Reliance Retail Q2 profit rises to INR 2,836 Cr, revenue falls 3.5% amid weak consumer demand

Business
Reliance Retail Ventures reported a net profit of INR 2,836 crore for Q2 of FY25, reflecting a 1.3 per cent year-on-year increase. However,͏͏ revenue͏͏ from͏͏ operations͏͏ declined͏͏ by͏͏ 3.5͏͏ per͏͏ cent͏͏ to͏͏ INR͏͏ 66,502͏͏ crore͏͏ due͏͏...

RentoMojo sees 3x increase in profit to INR 22 Cr, revenue close to INR 200 Cr for FY24

Business
Online furniture rental startup RentoMojo has nearly reached the INR 200 crore mark in operating revenue for the financial year 2023-24 (FY24),͏͏ driven͏͏ by͏͏ robust͏͏ customer͏͏ demand͏͏ and͏͏ enhanced͏͏ efficiency͏͏ from͏͏ automation. The͏͏ Bengaluru-based͏͏ startup͏͏ recorded͏͏ a͏͏...

Key consumer trends shaping India’s market: Insights from Deloitte-FICCI Report on FMCG, retail, and e-commerce growth

Business
Deloitte, in partnership with FICCI, has unveiled the report titled 'SPURring Growth in FMCG, Retail, and E-Commerce Sectors in India' at the FICCI Massmerize...

DMart’s Q2 net profit hits INR 659.58 Cr, up 5.77% YoY

Business
Avenue Supermarts Ltd, the operator of DMart, recorded a consolidated net profit of INR 659.58 crore for the July to September quarter, marking a...

Wealthtech startup Jar taps into e-commerce with its D2C jewellery brand Nek

Business
In a move to diversify its product mix, Tiger Global-backed wealthtech startup Jar is reportedly entering the e-commerce space with its D2C jewellery brand,...

The Baker’s Dozen collaborates with actress Soha Ali Khan ahead of festive season, eyes 30-40 cr sales

Food & Beverage
The Baker’s Dozen (TBD), an artisan bakery brand, has partnered with Bollywood actress Soha Ali Khan for its consumer awareness campaign, ‘The Truth We...

Indian retail sector to see mixed fortunes in Q2 FY25, with value retail and jewellery outperforming QSR

Business
India's retail sector is expected to deliver a mixed performance in Q2 FY25, as per the Centrum report. Strong͏͏ Growth͏͏ in͏͏ Value Retail and Jewellery: While͏͏...

Beauté Secrets receives INR 1.6 crore from Velocity ahead of festive season

Fashion
Beauté Secrets, a beauty tools brand from Gurgaon, received INR 1.6 crore from Velocity, backed by Peter Thiel's Valar Ventures. Just in time for...

COP 28’s Unspoken Recipe For Change and Its Impact on the Food Industry

Culture
From shaping environmental policies to revolutionising what lands on our dinner plates, COP 28 (the 28th edition of the Conference of the Parties), is...

Strategic Augmentation: Developing a Roadmap to Leverage AR for Long-Term Brand Growth

Business
Beyond the flashy gimmicks and fleeting trends, strategic augmentation is becoming a cornerstone for long-term brand growth. This article aims to unravel the layers...

The Omni-Channel Advantage: How Cohesive Strategies Boost Customer Loyalty and Retention

Business
In the ever-evolving landscape of consumerism, the phrase "omni-channel" has transcended buzzword status to become the linchpin of successful marketing strategies. The paradigm has...

Proactive Adaptation: The Power of Market Trends in Brand Resilience and Growth

Business
The ability to not only react but also proactively adapt to market trends emerges as the keystone for brand resilience and sustainable success in...

Quantifying Quality: Balancing Quantity and Excellence in Sales Performance

Business
At the core of this balancing act is the realization that quantity alone does not make a thriving sales force. The era of the...

Measuring Growth Potential: Sales Performance Metrics that Impact Investment

Business
Knowing which pitches and negotiations are truly indicative of growth potential is like negotiating a complicated maze in the fast-paced world of sales, where...
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