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Big layoffs likely at Flipkart, Swiggy

Flipkart may dismiss around 1,100 people and Swiggy may fire between 350-400New Delhi: On-demand convenience platform Swiggy and Walmart-owned e-commerce firm Flipkart both may lay off a large number of employees.Swiggy is expected to cut around 350-400 jobs...

Nykaa opens new store in Aurangabad

The new store is situated at unit nos. 7&8, Khatod Complex, Nirala Bazar, AurangabadNew Delhi: Mumbai-based e-commerce company Nykaa has opened a new Nykaa on Trend store in Aurangabad, a social media post by the company said. The new...

Need for Speed: Why latency matters in e-commerce

Slow websites and apps can lead to customer dissatisfaction, lost sales and revenue, and a drop in search engine optimisation (SEO) rankings New Delhi: With 5G becoming a reality and 6G infrastructure in the works, speed has become an important...

Tata CLiQ Luxury launches the ReLoved Store

To begin with, the platform has onboarded Jay’s Watch Store to offer pre-owned timepieces from global luxury brands like Rolex and OmegaNew Delhi: Luxury lifestyle platform Tata CLiQ Luxury announced on Tuesday that it has forayed into the pre-owned...

Spanish fashion group Tendam to enter India with Myntra

Tendam operates in almost 80 countries across four continents and has more than 1,800 points of sale, including directly operated stores, e-commerce and franchises Bengaluru: Omni-channel specialist fashion group Tendam has partnered with e-commerce platform Myntra to enter and expand in...

Over 4.8 lakh biryanis ordered on Swiggy during new year’s eve

Swiggy delivered 3.50 lakh biryani orders and dispatched over 2.5 lakh pizzas across the country last year in the same periodHyderabad: Over 4.8 lakh biryanis were ordered on Swiggy during new year's eve celebrations with a peak of 1,244...

Meesho posts first-ever profitable quarter in FY24; loss dips to Rs 141 crore in first half

New Delhi: Softbank-backed Meesho on Friday said it became the first e-commerce unicorn to post consolidated profit after tax in the second quarter ended September 2023.The company did not disclose the amount of profit it earned in the July-September...

Re-commerce platform Rockingdeals Pvt Ltd enters Punjab, plans to open six multi-brand outlets

Rockingdeals Pvt. Ltd. stores will open in Barnala, Moga, Morinda, Panipat, Abohar, and Bannur over the next 12 months, with two openings in the next three monthsNew Delhi: Re-commerce platform Rockingdeals Pvt. Ltd. (RDPL) will open six mega stores in...

Credo Brands Marketing shares make muted debut on stock exchanges at nearly 1 pc higher

The stock listed at Rs 282, up 0.71 per cent from the issue price on the BSE. Later, it recovered the lost ground and jumped 6.71 per cent to Rs 298.8New Delhi: Shares of Credo Brands Marketing Ltd, which...

Victoria’s Secret opens second store in Pune

The brand launched its first store in Pune at Phoenix Mall of the Millenium, in November 2023American intimate speciality brand Victoria’s Secret has launched its second store in Pune, international retailer Apparel Group wrote on social media on Tuesday....
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LG expects 2 mn AC sales in 2024 on harsher summers; IoT devices to chip in 10% of total sales

LG Electronics India, a wholly owned subsidiary of South Korea-based major LG Electronics Inc, on Monday launched 77 new...
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