retail industry in India
Finance & Funding
100Unicorns launches $200 mn fund, plans to deploy it in 5.5 yrs
PTI -
Our target is to create 100 unicorns potentially in the next 10 yearsNew Delhi: Early-stage accelerator firm 100Unicorns, formerly 9Unicorns, has launched its second fund with a total corpus of $200 million, which it plans to invest in 200...
Spotlight
IKEA partners Rhenus to set up warehouse at Gurugram for online order deliveries in Delhi-NCR
PTI -
This step aims to support the growth of IKEA's e-commerce expansionNew Delhi: Swedish furniture retailer IKEA on Tuesday said it has partnered with Rhenus, a global logistics player, to support its e-commerce expansion and deliveries to customers in...
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...
Food & Beverage
McDonald’s opens new store in Noida
The latest McCafe outlet is located at Noida’s Sector 132
New Delhi: American fast food chain McDonald’s has opened its 50th McCafe outlet in India, a social media post by the company revealed on Monday.
The latest McCafe outlet is located at Noida’s...
Food & Beverage
Zomato posts Q4 consolidated net profit at Rs 175 crore
PTI -
Consolidated revenue from operations stood at Rs 3,562 croreNew Delhi: Online food delivery firm Zomato Ltd on Monday reported a consolidated net profit of Rs 175 crore in the March quarter on the back of higher revenue.The company had...
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...
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,...
In Focus
The Role of Mixed Reality (MR) in Retail
A look at the different use cases of Mixed Reality (MR) in Retail and how this emerging technology possesses the potential for massive digital transformationMixed Reality (MR) is poised to revolutionize the retail industry, offering a unified view of...
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Latest News
Nykaa’s bridal campaign achieves over 3.6 million views
Nykaa partnered with Filtercopy to create two campaign films and in less than 24 hours, both films were trending...
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