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E-commerce industry records 26% YoY order volume growth in FY23: Research

Tier 1 cities reported the highest growth of 31.1% while tier 2 and tier 3 cities grew 23.3% and 22.4% respectively New Delhi: India’s e-commerce industry has recorded an impressive 26.2% year-on-year (YoY) growth in order volume in financial year (FY)...

Kalyan Jewellers records profit of Rs 144 crore in Q1FY24

The jewellery retailer’s revenue witnessed a growth of 31% to Rs 4,376 crore as against Rs 3,333 crore in the corresponding quarter of the financial year 2023 Bengaluru: Indian jewellery brand Kalyan Jewellers has recorded a consolidated profit after tax (PAT)...

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 products New Delhi: Homegrown FMCG major Marico expects its gross margins to improve by 200-250 bps in FY24, helped by cooling commodity...

Boat touches Rs 4,000 crore net sales mark for FY23

The company has made significant investments in the local Indian manufacturing ecosystem, with most of its audio and wearables products now being manufactured in India New Delhi: Audio and wearables brand Boat on Thursday said it has reached a net...

Fashion retail entities expected to see 45% revenue growth in FY23: ICRA

The sales growth will led by a pick-up in discretionary spending and normalisation of store operations, post-pandemic Bengaluru: Fashion retail entities are expected to witness an encouraging 45% year-on-year (YoY) increase in sales in fiscal year (FY) 2023, as per a...

Public procurement via GeM portal to cross Rs 2 lakh crore in FY23

Procurement of goods and services from government portal GeM is expected to cross Rs 2 lakh crore during this fiscal year on account of an increase in buying activities by different ministries and departments New Delhi: Procurement of goods and services...
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Samsung to get about Rs 500 cr PLI incentive: Official

On Rs 900 crore, the government had flagged questions and had asked the company to review their claim New Delhi: Samsung...
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