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Marico expects gross margin to improve 200-250 bps in FY24 as inflation cools down

Marico expects a "volume-led growth" in the domestic market and gains in market share by most of its productsNew Delhi: Homegrown FMCG major Marico expects its gross margins to improve by 200-250 bps in FY24, helped by cooling commodity...

Reliance Retail to reduce share capital, to pay Rs 1,362 per share

This capital reduction plan will make Reliance Retail a 100% subsidiary of Reliance Retail Ventures LimitedNew Delhi: Country's leading retailer Reliance Retail on Friday said it will reduce the equity share capital to the extent held by shareholders other than...

Lulu Mall Lucknow celebrates 1st anniversary with flat 50% off on over 300 brands

The event ‘Lulu on sale’ will be available across all three stores of the mall--Lulu Hypermarket, Lulu Fashion and Lulu ConnectNew Delhi: UAE-based Lulu Group’s mall in India, Lulu mall Lucknow is celebrating its first anniversary by offering flat...

Fashion brand icons: Shitanshu Jhunjhunwalla of Turtle

IndiaRetailing brings you a series in which we highlight the brand icons in India’s thriving fashion and lifestyle industry. Today, the spotlight is on Shitanshu JhunjhunwallaBengaluru: No business can survive for long without a vision; even if it does,...

Tech icon of the week: Deepak Kishanchand, Lyik Technologies Pvt. Ltd.

IndiaRetailing brings you a series on India’s key retail tech icons. Featuring Deepak Kishanchand, Founder & CEO, Lyik Technologies Pvt. Ltd. this weekNew Delhi: Today’s CIO must know how to leverage technology to create value for the business. No longer...

The business of love on Q-commerce

How Q-commerce platforms added cheer to the Valentine’s Day celebrations of its customers New Delhi: In 2015, Indians spent approximately Rs 22,000 crore on Valentine’s Day, as per ASSOCHAM data. Valentine’s day has grown manifolds since then as a celebration...

India a seed market; to continue to invest for future growth: Mars Wrigley

Mars Wrigley India is focusing on its core brands -- Galaxy, Snickers and Boomer -- expecting a "huge percentage" of its business and growth for the next 5-10 years to come from these brands New Delhi: India is a "seed...

Retail: What the industry says about Budget 2023

Reactions from industry captains on announcements in the current Budget that will have a bearing on retail businesses New Delhi: Union Finance Minister Nirmala Sitharaman presented the Union Budget 2023, the fifth budget of Modi 2.0 on February 1, 2023. In the last full-fledged...

Agriculture: What the industry says about Budget 2023

Reactions from industry captains on agriculture-related announcements in the current Budget that will have a bearing on allied retail businessesNew Delhi: Union Finance Minister Nirmala Sitharaman presented the Union Budget 2023, the fifth budget of Modi 2.0 on February 1, 2023. In the...

Is the e-commerce industry ready for the crypto revolution?

There are several factors to consider when evaluating the readiness of the e-commerce industry for the adoption of cryptocurrenciesBy Prayag SinghThe e-commerce industry has come a long way since the early days of the internet, and it has continued...
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India leads in GenAI adoption, investment trends likely to rise in coming years: Report

The study also predicted promising investment trends shortly, with about 94% of respondents anticipating increased investments and budget allocations...
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