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Flipkart appoints Walmart executive Dan Bartlett to Its Board of Directors
E-commerce major Flipkart has appointed Dan Bartlett, a senior executive at Walmart Inc, to its board of directors. Bartlett, who is currently the executive...
Honasa Consumer’s shares plummet amid distributor row, loses ‘Unicorn’ status
Honasa Consumer, Mamaearth’s parent company, witnessed a significant decline in its share price, hitting an all-time low of INR 237.40 on November 21.Honasa’s market...
Zepto raises $350 Mn from Sachin Tendulkar, Amitabh Bachchan led by Motilal Oswal
Quick commerce major Zepto has raised $350 million (approximately INR 2,950 crore) in a funding round led by Motilal Oswal's private wealth division.Domestic Investors,...
Uniqlo India targets INR 1,000-Cr sales mark in FY25, experiences 30% growth
Uniqlo India aims to reach INR 1,000-crore sales mark in the current fiscal year, driven by retail expansion and 30% annual growth. Chief Operating Officer...
Tata CLiQ rebrands as Tata CLiQ Fashion, shifts focus to fashion and lifestyle
Tata CLiQ, an e-commerce platform, has rebranded as Tata CLiQ Fashion, marking its transition from a general marketplace to a specialised platform focused on...
Zomato CEO Deepinder Goyal clarifies controversy over INR 20 Lakh fee job
Zomato cofounder and CEO Deepinder Goyal issued a clarification regarding the company's job listing for a chief of staff position, which received criticism...
Third Wave Coffee’s revenue rises 67%, but losses nearly double
Bengaluru-based café chain Third Wave Coffee reported a 67% increase in operating revenue to INR 241 crore for the financial year ended March 31. Third...
Nandini Dairy expands to Delhi, posing new challenge for Amul
Karnataka's flagship dairy brand, Nandini, is set to expand its presence to North India with its launch in Delhi on November 21.According to MK...
Delhi’s Khan Market ranks 22nd globally as most expensive retail street
Delhi's Khan Market has secured the 22nd spot as the most expensive retail street globally, with annual rents reaching $229 per square foot (~INR...
Wrangler partners with SOCIAL to launch co-branded merchandise line
Global denim brand Wrangler has collaborated with Indian neighbourhood café chain SOCIAL to unveil an exclusive co-branded merchandise line. The partnership marks SOCIAL's debut...
Parle Agro’s net profit plummets 87% due to ‘Sin Tax’ on sparkling drinks
Parle Agro, the maker of Frooti and Appy Fizz, has reported a steep 87% year-on-year (YoY) decline in net profit for FY24, citing the...
E-commerce platforms transforms consumer buying patterns in metro cities – NielsenIQ
The rise of online platforms has transformed consumer buying patterns, particularly in metro cities, where shoppers now prefer "stock-up" purchases over "top-up" buys, according...