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IKEA to open over 40 stores across different formats

Buoyed by the rapid growth of the retail sector, leading Swedish home furnishings retailer IKEA plans to increase its investments in the country.On the...

Traders’ body to move court against CCI nod for Walmart-Flipkart deal

Fair trade watchdog Competition Commission of India (CCI) has approved the acquisition of e-commerce major Flipkart by Wal-Mart International Holdings.However, a traders' body said...

Emami open for stakes in new age companies

FMCG major Emami Ltd, which sharpened its focus on modern trade and e-commerce channels, has also decided to go forward with prudent strategic stakes...

Amazon opens its largest fulfilment centre in Haryana

Expanding its infrastructure footprint in India, online retail major Amazon India on Tuesday opened its largest fulfilment centre (FC) in Haryana with a view...

PepsiCo’s Indra Nooyi to step down as CEO in October

Indian American business executive Indra K. Nooyi will step down as the Chief Executive of food and beverage major PepsiCo Inc in October, the...

Set to expand, Britannia may shift dairy project from Maharashtra

Britannia Industries is looking forward to expand their businesses, a company official said on Monday.The FMCG major may shift its dairy project from Maharashtra...

Leonardo DiCaprio invests in sustainable footwear brand Allbirds

Actor Leonardo DiCaprio's latest investment will help in making sustainable, eco-friendly fashion more mainstream with his sustainable footwear company 'Allbirds‘.The environmentally conscious actor has...

Swiggy confirms on-demand delivery platform Scootsy’s buyout

Indian online food ordering and delivery platform Swiggy on Thursday confirmed it has acquired Mumbai-based on-demand delivery platform Scootsy in an all-cash deal which...

Paytm to build ‘New Retail’ vertical

Digital payments company Paytm on Saturday said that it will build a "New Retail" model to equip shopkeepers with technology, logistics and marketing capabilities.According...

ITC says net profit up over 10 percent in Q1

FMCG major ITC Ltd on Thursday reported a 10.08 per cent increase in its net profit to Rs 2,818.68 crore in the quarter ended...

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Hong’s kitchen opens new outlet at Delhi’s Rohini

Hong’s Kitchen embarked on its presence in Delhi’s Unity One Mall located at CBD Shahdara and Omaxe Chowk in...