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RBI issues draft guidelines on payment aggregators

The payments ecosystem in India includes online PAs and PAs, which facilitate face-to-face/proximity payment transactionsNew Delhi: The Reserve Bank on Tuesday came out with draft guidelines to further strengthen regulations on payment aggregators, a move aimed at boosting the...

Wow! Momo raises Rs 70 cr from Z3Partners

The primary capital infusion will drive the expansion of Wow! Momo's QSR brand and strengthen its distribution network and research and development (R&D) for the FMCG armNew Delhi: Wow! Momo, India's leading chain of quick-service restaurants (QSR), has secured an...

Titan takes risks in innovating, implementing solutions that improve experiences: CDIO Krishnan Venkateswaran

Krishnan Venkateswaran, Chief Digital and Information Officer (CDIO), Titan Company Ltd. on how the diversified retail company uses technology in every area--from designing products and stores to offering personalised services and memorable customer experiences across channelsNew Delhi: With a...

Commercial AC market has significant growth potential: President, Appliance makers’ body

The commercial HVAC (Heating, Ventilation, and Air Conditioning) segment is witnessing a shift with its wide array of applications New Delhi: Commercial air-conditioning (AC) market holds "significant promise" and is witnessing growth, driven by rapid urbanisation, infrastructural development and growing emphasis...

Retail Tracker: Tier 2 cities lead with 64% of March store launches

About 48 of all the new stores opened in March 2024 were in non-metros IndiaRetailing Insights: Retail store expansion in tier 2 cities and beyond accounted for around 64% of the new store launches in March, as per the data...

Aditya Birla Fashion shares jump 12% on Madura biz demerger plans

The stock climbed 16.86% to Rs 247.40 during the day on the BSE. It later ended at Rs 236.15, up 11.55%New Delhi: Shares of Aditya Birla Fashion and Retail Ltd (ABFRL) on Tuesday ended 12% higher after the company...

Chalu Aapna Chinese to start bistro, eyes additional Rs 15 crore revenue

The company is in the final phase of obtaining soft liquor licenses New Delhi: Bhopal-based restaurant chain Chalu Aapna Desi Chinese plans to start a bistro inside its restaurants that will also offer alcohol, according to a top executive at the...

Unicommerce launches AI tool UniGPT 

This new product marks Unicommerce’s entry into the Artificial Intelligence space New Delhi: Gurugram-based e-commerce enabler and software as a service (Saas) platform Unicommerce has launched UniGPT, a generative AI-based platform to address the concerns of e-commerce sellers and provide...

Varun Beverages completes acquisition of South African bottler BevCo

VBL has also issued a corporate guarantee amounting to South African Rand (ZAR) 1,500 million (around Rs 660 crore) to secure credit facilities extended to BevCo by the FirstRand Bank thereNew Delhi: Varun Beverages Ltd, PepsiCo's largest franchise bottler,...

ETP Group launches two retail products, eyes ~60% topline growth per year

Unlike its established product  ETP V5, with Ordazzle and ETP Unify, the company aims to target mid-sized businesses from the retail ecosystem Mumbai: Singapore-based leading retail software company ETP Group launched two cutting-edge cloud-based platforms—Ordazzle and ETP Unify—in India on Wednesday....
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How FMCG companies are rethinking packaging to become eco-friendly

More and more companies are opting for sustainable approaches to packing of FMCG products for e-commerce. Here’s an overview...
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