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Seasonal bottlenecks: October retail inflation expected to remain elevated

Seasonal factors, along with COVID-19 induced supply-side constraints and growing demand on account of the festive season, are expected to keep India's retail price...

Flipkart opens first grocery centre in UP

Flipkart has established its first grocery fulfilment centre in Lucknow, which was virtually inaugurated on Wednesday by Uttar Pradesh Industries Minister Satish Mahana. Spread across...

Swiggy witnesses 30 pc growth in orders for food delivery

Amid the COVID-19 pandemic, food delivery platform Swiggy on Tuesday revealed that they have witnessed 30 percent growth in orders for food delivery and...

Bata India reports Q2 net loss of Rs 44 cr

Bata India on Tuesday reported a consolidated net loss of Rs 44.31 crore during the July-September quarter. During the same period last fiscal, the company...

WhatsApp Shopping button now live in India

Facebook on Tuesday made a new shopping button in WhatsApp live globally, including in India, to help people check out available products and make...

Tetra Pak foresees bright future as demand for packaged food rises

Global packaging solutions major Tetra Pak is witnessing a rebound in demand as the pandemic has increased customers' preference for packaged food. Accordingly, the global...

ITC's diversification strategy bearing fruits

Over the years, ITC Ltd has transformed itself into an umbrella group that offers a diversified product mix. Its position in the FMCG business is...

Reliance Retail Ventures raises more than US$ 6 bn since Sept

Public Investment Fund (PIF) Saudi Arabia has invested in Reliance Retail Ventures Limited (RRVL) at a pre-money valuation of Rs 4.59 trillion (US$ 62.4...

ITC's July-September consolidated net profit down 18 pc

FMCG-to-hospitality major ITC Ltd on Friday reported an 18.23 percent fall in its consolidated net profit at Rs 3,413.44 crore. During the same period last...

Saudi PIF to invest Rs 9,555 crore in Reliance Retail Ventures

Reliance Industries Limited and Reliance Retail Ventures Limited (RRVL) announced on Thursday that the Public Investment Fund (PIF) will invest Rs 9,555 crore (approximately...

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Reliance Retail’s Avantra by Trends opens 73rd store pan India

Located at Aparna Neo Mall, Nallagandla, the newly opened Avantra store is its seventh outlet in Hyderabad Bengaluru: Avantra by...