Friday, November 8, 2024

retail

Novel Jewels to invest INR 5000 Cr in opening 100 stores across India

Luxury
Aditya Birla Group’s Novel Jewels plans to open 100 stores across India in the next 18 months, investing INR 5,000 crore. This was stated...

Meesho pulls gangster Lawrence Bishnoi t-shirts after public outcry

Retail & Ecommerce
Meesho, a major e-commerce platform, has faced backlash on social media for selling t-shirts with gangster Lawrence Bishnoi. Users are accusing the company of...

Bata registers 53% profit growth, reaches INR 52 cr in Q2 FY25

Fashion
Bata India Ltd. announced on Monday, November 4, a 53% increase in consolidated net profit, reaching INR 51.97 crore for the second quarter ending...

Delhi consumes 3.9 Cr bottles of liquor worth INR 4.48 billion during Diwali

Food & Beverage
Diwali celebrations in Delhi have led to a huge increase in liquor sales. In the two weeks before Diwali, 3.9 crore liquor bottles were...

Zomato CEO Deepinder Goyal clarifies vendor’s mistake on ‘future packing date’

Food Tech
A few days after reports claimed that a food safety raid at Zomato's Hyperpure warehouse in Hyderabad found 90 packets of button mushrooms with...

Magicpin cuts platform fee to INR 5 as Zomato, Swiggy raise charges

Retail & Ecommerce
Magicpin, a hyperlocal delivery service, has cut its platform fee to INR 5 per delivery, making it half the cost of what Zomato and...

Babyshop launches first store at Gaur City Mall

Retail & Ecommerce
Babyshop has opened its first store in India at Gaur City Mall, offering a wide range of products for babies, toddlers, and children to...

Dabur India to acquire major stake in Sesa Care for INR 12.59 Cr

FMCG
Dabur India announced on Wednesday, October 29 that it will buy a majority stake in Sesa Care Private Limited for INR 12.59 crore. This...

Dabur India suffers 17.65% profit drop amidst high inflation, weak urban demand

FMCG
FMCG giant Dabur India Ltd reported a 17.65% drop in its net profit to INR 417.52 crore for the September 2024 quarter due to...

Ninjacart’s revenue soars by 74%, hits INR 2000 Cr

E-Commerce
Ninjacart, a B2B agritech startup, saw its operating revenue rise by 74% in FY24, reaching INR 2,002.7 Cr, up from INR 1,153.4 Cr the...

Meesho slashes losses by 96.6% in FY24, orders surge by 36% YoY

E-Commerce
Meesho's operating revenues surged by 32.7%, reaching INR 7,615 Cr in FY24, up from INR 5,735 Cr the previous year. Meesho adjusted losses to INR...

Rare Rabbit Reports Double-Digit Profit Surge, Revenue Soars by 69%

Fashion
Bengaluru's The House of Rare, which runs Rare Rabbit, more than doubled its net profit in the financial year ending March 31, 2024, thanks...
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