latest retail news
E-Commerce
Zomato to surrender RBI licence to operate as online payment aggregator
PTI -
Zomato announced the incorporation of ZPPL in 2021 as its wholly owned subsidiary to carry out the business as a payment aggregatorNew Delhi: Food tech major Zomato on Monday said its subsidiary Zomato Payment Pvt Ltd (ZPPL) has decided...
In Focus
Community building and employee engagement: Key retail mantras for FY25
Assembling a community around the brand and strengthening the brand's internal community or team is crucial, according to industry leaders at PRC 2024
Bengaluru: Building a niche community centred on a brand, backed by thorough market analysis and strong employee involvement...
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Zomato shares decline nearly 4%
PTI -
At the NSE, shares of the company dipped 2.30% to Rs 196.65New Delhi: Shares of online food delivery firm Zomato Ltd on Monday declined nearly 4% on a day the company announced its March quarter earnings.The stock went lower...
Latest News
Nexus Select Trust records FY24 rev up 13% to Rs 120 billion
Nexus selectIn the fourth quarter of FY24, the company recorded sales totaling Rs 28 billion, demonstrating a 9% YoY increaseBengaluru: Nexus Select Trust (NXST), India’s first publicly listed retail real estate investment trust (REIT), reported a 13% jump in...
Retail
Noida International Airport signs duty-free partnership with Heinemann, BW
This includes the concession for duty-free, to be operated by Heinemann, and master concessions for domestic retail and international duty-paid retail, to be operated by BWC ForwardersNew Delhi: Noida International Airport (NIA) has awarded the concession for retail and...
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Delhivery’s AI-based RTO predictor helps brands minimize return shipments
RTO predictor solution enables over 4,800 D2C companies to reduce logistic costs by assessing return risk
New Delhi: Logistics service provider Delhivery has successfully enabled D2C brands by reducing the cost of returns through its AI-powered RTO Predictor, a release...
Fashion & Lifestyle
New Balance enters Mumbai
Located on the Linking Road, this marks New Balance's third company-owned store in IndiaBengaluru: US-based sports footwear and apparel manufacturer New Balance has launched its first retail store in Mumbai, located on the Linking Road, a company official said...
Food & Beverage
Auditor of Zomato subsidiaries’ resigns
PTI -
Batliboi & Associates, who was appointed for five years resigned w.e.f. May 12, 2024New Delhi: Zomato on Sunday said the auditor of its subsidiaries Zomato Hyperpure and Blink Commerce has resigned with immediate effect, paving the way for the...
FMCG
FMCG companies expect volume growth in FY25 with improvement in revenue
PTI -
HUL said it continues to see positive volume growth across most of its businessNew Delhi: Leading FMCG makers expect a volume-led growth in FY25, with a revival in consumption supported by a lower inflationary environment, projections of a normal...
In Focus
Key Trends Driving Digital Transformation
A look at some key factors that will drive digital transformation in the retail industryNew Delhi: In the dynamic retail business landscape, several key trends are catalysing the adoption of emerging disruptive technologies, such as AI, IoT, smart robotics,...
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E-commerce firms back govt’s proposal to make anti-fake review rules mandatory
The order is important to protect consumer interests from misleading reviews on shopping websites and appsNew Delhi: Major e-commerce...
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