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Flipkart turns into private firm for buyout by Walmart

Flipkart turns into private firm for buyout by Walmart

India's e-tailer major Flipkart has turned into a private company from a holding firm, ostensibly for a strategic buyout soon by the world's largest...
Flipkart buys back US $350 mn worth shares

Flipkart buys back US $350 mn worth shares

Indian e-tailer major Flipkart completed another round of buyback of its shares valued at US $350 million (Rs 2,275 crore) from its investors, according...
Emami Ltd net profit down by 28 percent in Q4

Emami Ltd net profit down by 28 percent in Q4

FMCG major Emami Ltd on Thursday reported nearly 28 percent fall in its consolidated net profit to Rs 60.23 crore for the quarter ended...
Dabur India's Q4 net profit up 18.9 pc

Dabur India’s Q4 net profit up 18.9 pc

Dabur India on Tuesday reported a rise of 18.9 percent in consolidated net profit for the January-March 2018 quarter.According to the company, the consolidated...
GST, demonetization came as opportunities for us: Bata CFO

GST, demonetization came as opportunities for us: Bata CFO

A strong, diverse democracy and people's hunger to be in sync with international fashion trends make India a special place for expansion plans for...
'Commercial space leasing up at 11 mn sq ft in Q1'

‘Commercial space leasing up at 11 mn sq ft in Q1’

Leasing activity in the commercial real estate segment rose 18 percent on a year-on-year (YoY) basis during January-March 2018, to 11 million square feet...
Intex appoints Rajiv Bakshi as Chief Marketing Officer

Intex appoints Rajiv Bakshi as Chief Marketing Officer

Domestic smartphone maker Intex Technologies on Monday appointed industry veteran Rajiv Bakshi as its Chief Marketing Officer (CMO).An alumnus of the Harvard Business School,...
Bata scion in pursuit to break brand's 'old fashioned' tag

Bata scion in pursuit to break brand’s ‘old fashioned’ tag

This footwear company has a 85-year-old legacy and has a wide global presence, including in India. Thomas Archer Bata, the fourth-generation scion of the...
Indian retailers trust Lava brand the most: Report

Indian retailers trust Lava brand the most: Report

Domestic smartphone maker Lava has been ranked first by the Indian retailers on trustworthiness as well as timely payouts while Samsung stood second, a...
LOTS Wholesale Solutions to geo-tag customers, e-mark products in Indian stores

LOTS Wholesale Solutions to geo-tag customers, e-mark products in Indian stores

Banking largely on technology, Thailand-based wholesale cash and carry company LOTS Wholesale Solutions, that has just entered the Indian market, will be geo-tagging its...