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Sainsbury’s teams up with Microsoft to revolutionize retail operations with AI

Sainsbury’s, the renowned supermarket chain, has entered into a five-year strategic partnership with Microsoft to harness AI in enhancing both customer and colleague experiences.This...

Luxury group Richemont sees Q4 sales slowdown, names Nicolas Bos as new CEO

Richemont acknowledged the deceleration in the luxury market as the proprietor of Cartier jewelry disclosed a 1% decline in its fourth-quarter sales.The corporation, which...

Unilever to keep Russian ice cream assets despite demerger plans

Unilever reportedly plans to continue producing ice cream in Russia even after demerging the rest of the division from the business.In March, the FMCG...

ONDC facilitates 7.22 Million transactions in April, onboards over 5 Lakh sellers

The government-backed Open Network for Digital Commerce (ONDC) has facilitated 7.22 million transactions in April and onboarded over 5 lakh sellers, as reported by...

Oyo to resubmit IPO papers following $450 Million refinancing for Term Loan B

Oyo, a SoftBank-backed hospitality and travel-tech firm, is reportedly preparing to refile the draft papers for its much-anticipated initial public offering (IPO) as the...