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Flipkart gets $600 mn from Walmart at around 5-10% higher valuation

The last disclosed valuation was $37.6 billion or Rs 2.79 lakh crore when it raised $3.6 billion or about Rs 26,800 crore from GIC,...

Jewellery retail trade expected to grow at 10-12 per cent in FY’24: ICRA

ICRA said that demand volumes remained stable in the current festive season despite higher pricesKolkata: The domestic jewellery retail industry, in value terms, is...

Forty-four per cent of Indian employees engaged in flexible work model: Report

It revealed that 74 per cent of the Indian employees surveyed reported increased productivity, crediting the success to remote work thus explaining the acceptance...

Allcargo Logistics, Allcargo Gati boards approve restructuring of businesses

As per the scheme, International Supply Chain (ISC) business will be demerged into a separate entity -- Allcargo ECU Ltd, it saidMumbai: Allcargo Logistics...

Credo Brands IPO gets subscribed 6.94 times on second day of offer

The Rs 549.77 crore-Initial Public Offering (IPO) received bids for 9,53,22,779 shares against 1,37,44,472 shares on offer, as per NSE dataNew Delhi: The initial share...

Amazon India inks pact with Indian Coast Guard

Amazon India will collaborate with the ICG to help ex-servicemen from military backgrounds pursue their corporate careerMumbai: E-commerce giant Amazon India on Wednesday signed an...

DOMS Industries makes market debut, shares surge 68%

The DOMS Industries stock listed at Rs 1,400 on both BSE and NSE, reflecting a jump of 77.21% from the issue priceNew Delhi: Shares...

Delhivery starts operations at its Bhiwandi trucking terminal

This is Delhivery’s second mega facility after its facility in Tauru, Haryana that became operational in 2021Mumbai: Logistics operator Delhivery Ltd. on Wednesday said...

AVG Logistics acquires over 50 cold chain vehicles

This acquisition takes the company's total cold chain fleet strength to 275New Delhi: AVG Logistics Ltd on Wednesday announced the acquisition of over 50...

Mahindra Logistics announces sale of entire 39.79% stake in TLPL

Post completion of this sale, TLPL would cease to be an associate of the companyNew Delhi: Mahindra Logistics on Wednesday announced the sale of...

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E-commerce cos focus on transparency, good shopping experience to foster consumer trust: Experts

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