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India tops Ikea’s investment priority list, says CEO Jesper Brodin, highlighting rapid development and market potential
Jesper Brodin, the global CEO of Ingka Group, highlighted that India holds the top position on Ikea's priority markets list for investment, remarking, "India...
SC slams Patanjali Ayurved for misleading ads, bans promotion of medical claims; contempt notice issued
The Supreme Court came down heavily on Patanjali Ayurved on Tuesday for its 'misleading' advertisements, imposing a ban on the company from promoting any...
Indian FMCG firms turn to Dubai as launchpad for international expansion
Several Indian fast-moving consumer goods (FMCG) companies are considering Dubai as the base for their global expansion, according to Ashraf A. Mahate, the chief...
Titan completes acquisition of remaining 0.36% stake in CaratLane for INR 60 Cr
Titan, a Tata-owned watchmaker, announced on Tuesday the acquisition of the remaining 0.36% stake in omnichannel jewellery brand CaratLane for INR 60.08 Cr.Before this,...
Beyoung teams up with Gokwik to enhance digital footprint and combat RTO rates
Beyoung, a Udaipur-based fashion brand, has partnered with the New Delhi-based e-commerce enabler platform Gokwik.The collaboration seeks to bolster Beyoung's digital footprint in India...
German perfume retailer Douglas set to unveil IPO plans despite market uncertainty
German perfume retailer Douglas is poised to announce its plans for an initial public offering (IPO) in the coming days, as reported by Reuters,...
Shein considers London IPO amid US listing hurdles
Fast-fashion company Shein is considering relocating its initial public offering from New York to London due to obstacles encountered in the US listing process,...
Khadim India to demerge distribution business by September, expects margin improvement by 100-200 bps
Khadim India Ltd, a leading footwear company, is expecting to complete the demerger of its distribution business by September this year, as stated by...
D2C footwear brand Fausto makes foray into UAE market through Amazon
Fausto, the D2C online footwear brand, announced on Monday its entry into the UAE market through e-commerce giant Amazon with the introduction of a...
Businesses should nurture startups without seeking ownership, says Zomato CEO Deepinder Goyal
On Tuesday, Deepinder Goyal, the founder and CEO of Zomato, emphasized the importance for established businesses to support and foster startups without the aim...
Food delivery app surge leaves QSRs struggling with revenue and margins amidst fragmented sales: BNP Paribas Report
With the exponential surge of food delivery apps like Zomato and Swiggy, quick service restaurant operators are grappling with significant challenges, as outlined in...
Luxury hotel chains in India expand branded residences amid rising demand from high-net-worth individuals
Encouraged by growing demand from high-net-worth individuals, luxury hotel chains in India are expanding their portfolio of branded residences to cater to a wealthy...