ICICI
Beauty & Wellness
Retail Report: Nykaa accounts for 38% of the online beauty & personal care market in India
Nykaa offers a combination of over 2400 domestic, international, luxury, prestige, premium, niche, and cult beauty brands with 100% authenticity certificatesNew Delhi: Founded in April 2012 by former managing director of Kotak Mahindra Capital Company Falguni Nayar, Nykaa is...
Consumer Durables & IT
Credit card spending hits record high at Rs 1.4 lakh crore in May; cards in use at 87.4 million
PTI -
Similarly, the number of cards in use has also jumped by more than 5 million since January and crossed 87.4 million in the reporting month, making this also an all-time high in May, according to the RBI dataMumbai: Credit...
Retail
Silver Dreams
It started way back in 1882 when the enterprising Whorra family successfully embarked upon manufacturing custom-made silverware, trophies and mementos. Soon thereafter, they made their foray into retail in 2001 with a store at Greater Kailash, New Delhi. Currently,...
Food Service
PE Investments in Indian Food Service Sector Likely to Grow in the Next 3 Yrs
The Food Service Sector has seen strong deal activity in the last 3 years, with over 30 investments totaling USD 250 mn invested in early and growth stage companies. In the same period the sector saw few exits, given...
Retail
Fuel retailers bank on non-fuel retailing
Thanks to the deregulation of retail petrol prices in June last year, fuel retailing companies are finding themselves thinking out-of-the-box to stay ahead of competition. Brought on a level-playing field by deregulation of petrol prices, these companies, public and...
Retail
Pantaloon’s tie-up with international players in final stage
Pantaloon Retail is looking at acquiring a food led fast moving consumer goods (FMCG) business. It is in the final stages for Big Bazaar tie-up with international player.The company is into value unlocking thing. So it is going in...
Retail
Subhiksha sells 10 pc stakes at Rs 230 cr
Wipro Technologies’ chairman Azim Premji has invested around Rs 230 crore through his private investment firm ‘Zest Investment Pvt Ltd’ to acquire a 10 per cent stake in one of India’s largest supermarket, medicine and telecom retail chain -...
Retail
PVR sells arm to JP Morgan and ICICI
PVR, one of the country’s largest multiplex chains, has sold its stake worth Rs 120 crore in its production and distribution unit to JP Morgan Global Special Opportunities Group and ICICI Venture Funds Management Company.Announcing this, Ajay Bijli, managing...
Retail
Fazle Naqvi planning multi-category retail entry
With introduction of Canadian juice brand Booster Juice, under his new venture Brand Caculus, and a lot more on the cards, Fazle Naqvi, one of the renowned veterans of fashion and lifestyle industry, has come back in the business...
Retail
Fall in retail shareholders
Even as India Inc's shareholder base shrunk amid concentration of large holdings in hands of big investors like promoters, foreign institutional investors (FIIs) and high net worth investors (HNIs), those of numerous blue-chip companies led by Reliance group saw...
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Latest News
Raymond has plans for opening stores in temple towns: CBO Debdeep Sinha
Debdeep Sinha chief business officer for apparel at Raymond Ltd. speaks about the company’s expansion plans, Raymond’s propriety fabrics...
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