Ratan Tata
Finance & Funding
Ratan Tata to divest all shares in FirstCry IPO
PTI -
Ratan Tata is looking to sell all 77,900 shares of Brainbees Solutions Ltd, which owns omnichannel platform FirstCry, in the upcoming IPONew Delhi: Veteran industrialist and former Tata Group Chairman Ratan Tata is looking to sell all 77,900 shares...
FMCG
Tata Consumer Products Q2 net profit falls to Rs 363.92 crore
PTI -
Total expenses of the Tata Group FMCG arm stood at Rs 3,318.18 crore, up 9.8 per cent in the September quarterNew Delhi: Tata Consumer Products Ltd (TCPL) on Tuesday reported a decline of 6.55 per cent in its consolidated net...
E-Commerce
Inside Snapdeal 2.0: Unboxing the former e-comm star’s comeback plan
Himanshu Chakrawarti, CEO of Snapdeal, reveals how the e-commerce platform is quietly working on fulfilling the value lifestyle aspirations of 64% of Indians residing in Bharat, in its new avatar. But will its latest pivot work, is the million-dollar...
Big Grid
Titan Eye Plus marks Ratan Tata’s 85th birthday with a flagship store in Dubai
The newly-launched store is at the Burjuman Mall and displays Red Dot award-winning signature eyewear collection and premium watches
Mumbai: Tata-group-owned eyewear retail brand Titan Eye Plus has now set its eyes on UAE. It launched its first flagship store at...
Food
Funding in food-tech startups in India: Trends
According to a report of World Bank in 2019, agriculture and food comprise of 10% in global GDP. In recent years, as the focus of consumers shifts towards sustainability, health and hygiene, India’s food sector is going through robust...
Retail
Snapdeal's first investor Kenneth Glass supports Kunal Bahl's merger call off decision
Snapdeal's earliest investor Kenneth Glass has come out in support of CEO Kunal Bahl over the decision to call off merger talks with larger rival Flipkart.
According to a PTI report: Glass, a former Microsoft executive, has written an email...
Retail
Lenskart to invest Rs 100 crore on expansion; open 400 stores in 2 years
Ratan Tata-backed eyeware retailer Lenskart plans to invest over Rs 100 crore on business expansion, including opening of 400 stores, in the next two years.
According to a PTI report: The company, which has a strong online presence, is eyeing...
Retail
Retrenchment in e-commerce industry not unique to India: Nirmala
IANS -
Commerce and Industry Minister Nirmala Sitharaman has said corporate downsizing and retrenchment in the country's e-commerce industry were not unique phenomena happening in India but were occurring globally.
The minister's comments came a day after major layoffs were announced by...
Retail
Snapdeal founders to take 100 pc pay cut, firm commences layoffs
IANS -
E-commerce major Snapdeal on Wednesday reported that its founders have agreed to take a 100 per cent pay cut, even as the firm initiated a process to rationalise a part of its workforce to make the company profitable in...
Retail
Lenskart to setup 20 stores per month in tier I, II cities, launches Lenskart Lite
Leading online eyewear firm Lenskart is eyeing major expansion in tier I and II cities across the country and setting up 20 brick-and-mortar stores per month to strengthen itself in such markets.
Lenskart, which gets a significant portion of its revenues from offline...
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Latest News
PepsiCo reports ‘high single-digit’ volume growth in Indian beverage market in Jan-Mar
The growth reflects an "organic volume growth and effective net pricing" and a partial offset of the impact of...
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