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Reliance Retail crosses a billion transaction benchmark in FY23, to ramp up FMCG business

In FY23, Reliance Retail's digital commerce and new commerce businesses contributed to 18% of its revenue, which stood at Rs 2.60 lakh croreNew Delhi: Reliance Retail has crossed the milestone of a billion transactions in FY23 and its registered...

Reliance makes open offer to acquire 26% stake in Lotus Chocolate

The open offer starts on February 21 and closes on March 6 and it will aggregate to a total consideration of Rs 38.56 crore over the full acceptanceNew Delhi: Two Reliance group firms - Reliance Consumer Products Ltd (RCPL) and Reliance...

Reliance snaps confectionery brand Lotus Chocolate in yet another move in its ambitious FMCG push

Reliance Consumer Products Ltd. will acquire 65,48,935 equity shares of Lotus representing 51% of the paid-up equity share capital from the current promoter and promoter group of Lotus at a price per share of Rs. 113.00 aggregating to Rs....

How is male grooming sector booming in India

Men’s grooming products, over the last few years, are beginning to collect more and more shelf space and mind share as the consumer warms up to the idea of grooming as an essential and regular activity. The market, over...

Indian cosmetics industry to touch US $35 billion by 2035: Survey

India's cosmetics and grooming industry market size is expected to rise manifold to US $35 billion by 2035, with consumption of cosmetics among teenagers increasing rapidly, says a survey. The joint study by Assocham and research agency MRSS India pegged...

Lotus Introduces Pure Radiance Eye Shadow

Lotus Make-up has introduced a collection of long lasting and chemical-free eye shadow, Pure Radiance Eyeshadow. Available in three different colour palettes— Maroon Beam, Moonlight and Gold Mine, the eye shadow has botanical extracts and is 100 percent vegetarian....
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H&M opens 61st India store in Pune

The new H&M store is located at Kopa Mall.New Delhi: Swedish fashion brand Hennes & Mauritz (H&M) has opened...
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