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HUL and GSK Consumer to terminate distribution agreement for OTC products

The agreement was for brands such as Crocin, Eno, Iodex, Ostocalcium, Otrivin, and Sensodyne. The one-year notice period for termination shall commenced from November...

Marks & Spencer India to speed up expansion amid global headwinds

The company has plans to open one store a month in India and will focus on strengthening the home category, launched recently, which includes...

Snowman Logistics reports Rs 2.67 crore profit in Sep qtr

During the quarter, revenue grew 55 per cent to Rs 108.62 crore compared to Rs 70.07 crore in the year-ago period; EBITDA increased 27 per...

TVS Motor, Amazon India join hands to boost electric mobility

A fleet of electric two-wheelers and three-wheelers from TVS Motor will be deployed for Amazon’s last-mile deliveries. Amazon India aims to induct 10,000 EVs...

Paytm Commerce turns operationally profitable: Analyst

Revenue from its commerce business increased 49 per cent y-o-y due to higher ticketing sales. One97 Communications, which owns the Paytm brand, has set...

Jubilant FoodWorks Q2 profit up 9.7 pc to Rs 131.5 cr; revenue up 16.6 pc to Rs 1,301.5 cr

The increase in revenue was driven by like-for-like growth of 8.4 per cent and healthy performance of new stores New Delhi: Jubilant FoodWorks, operator of fast-food...

Bikaji Foods IPO subscribed 26.67 times on last day of offer

The Rs 881.22-crore IPO received bids for 55,04,00,900 shares against 2,06,36,790 shares on offer, as per data available with the NSE New Delhi: The initial public...

Flipkart losses widened to over Rs 7,800 crore in FY22

The loss is based on performance of its business-to-business unit Flipkart India and B2C e-commerce unit Flipkart Internet, according to regulatory filings New Delhi: E-commerce major...

Reliance set to acquire METRO Cash & Carry India for 500 million euros

This is going to help Reliance Retail, the country’s largest retailer, expand its presence in the B2B segment New Delhi: Reliance Industries is set to...

Britannia Industries Q2 net profit rises 28.5 pc to Rs 490.58 cr; income up 21 pc to Rs 4,380 cr

Its total revenue from operations climbed 21.40 per cent to Rs 4,379.61 crore from Rs 3,607.37 crore in Q2 FY22. This is the company’s...

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IKEA partners Rhenus to set up warehouse at Gurugram for online order deliveries in Delhi-NCR

This step aims to support the growth of IKEA's e-commerce expansion New Delhi: Swedish furniture retailer IKEA on Tuesday...