retail news updates
E-Commerce
Zomato gets Rs 4.59 cr tax demand notices
PTI -
The company said it plans to appeal against the demand orders passed by the Assistant Commissioner of GST and Central Excise, Nungambakkam DivisionNew Delhi: Online food delivery platform Zomato has received GST tax demand orders of over Rs 4.59...
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Paytm shares jump 5% on receiving govt’s nod for investment in Paytm Payments Services
PTI -
The company will reapply for a payment aggregator (PA) licence, a regulatory filing said on WednesdayNew Delhi: Shares of fintech firm One97 Communications -- the owner of the Paytm brand -- jumped 5% on Thursday morning after the company...
E-Commerce
Amitabh Bachchan’s family office buys stake in Swiggy: Reports
PTI -
The stake has been picked up through the purchase of shares from the company's employees and early investors, according to media reportsNew Delhi:Â Bollywood actor Amitabh Bachchan's family office is believed to have picked up a minor stake in IPO-bound...
E-Commerce
Zomato introduces food expense management platform ‘Zomato for Enterprise’
PTI -
The introduction of ZFE comes nearly a week after the company shut down its 'Intercity Legends' serviceNew Delhi: Zomato CEO Deepinder Goyal on Wednesday announced that the food delivery giant is set to introduce Zomato For Enterprise (ZFE) for...
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HUL gets Rs 963 cr Income Tax demand notice
PTI -
The notice relates to the non-deduction of TDS on payment of Rs 3,045 crore to GlaxoSmithKline Consumer HealthcareNew Delhi: Leading FMCG maker HUL said that it has received a demand notice of Rs 962.75 crore from the Income Tax...
Finance and Funding
Zappfresh files draft papers with SEBI to list on BSE SME
PTI -
The Initial Public Offering (IPO) will consist of a fresh issue of 59.06 lakh equity shares, with a face value of Rs 10, and will not include an offer-for-sale (OFS) componentNew Delhi:Â Zappfresh, which sells meat online, has filed preliminary...
Fashion & Lifestyle
Blackberrys partners with Myntra to further its footprint across the country
This strategic collaboration will enable Blackberry to expand to newer geographies
New Delhi: Menswear brand Blackberrys announced its strategic collaboration with e-commerce platform Myntra on Thursday.
With this collaboration, Blackberrys aims to expand its reach beyond its more than 380 exclusive...
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Amazon’s home, kitchen segment witnesses 25% growth in FY’24 in Odisha
PTI -
The company also registered a 15% growth in new customers in Odisha which is one of the fastest-growing states, Amazon India's Home, KitchenNew Delhi: E-commerce major Amazon India on Wednesday said its home, kitchen and outdoors segment has grown...
Food & Beverage
FSSAI launches project to address microplastic contamination in Indian food products
PTI -
The Food Safety and Standards Authority of India (FSSAI) has launched an innovative project to tackle the growing concernNew Delhi: Food regulator FSSAI has launched a project to assess microplastic contamination in food products and develop methods for its...
Fashion & Lifestyle
Reliance Retail’s Azorte opens in Vadodara
The new store is located at Genda Circle
New Delhi:Â Azorte, a premium fashion and lifestyle store chain by Reliance Retail, has opened a new store in Vadodara, a social media post by the company said on Friday.
The new store is...
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A titan who cared about making India better: industry captains mourn Ratan Tata’s demise
Tata, 86, breathed his last at a Mumbai hospital at 11.30 pm on Wednesday. He had been admitted to...
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