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Nestle India profit rises 7% to Rs 746.6 crore in June quarter

The company had posted a net profit of Rs 698.34 crore in the April-June same period a year agoNew Delhi: FMCG major Nestle India Ltd on Thursday reported an increase of 6.9 per cent in its net profit at...

Nandadeep Jayakar onboarded as the business head of Foot Locker India

Jayakar has held leadership positions at Adidas India, Future Group, Sony Music, Bajaj Auto, and Voltas before joining Metro Brands Ltd., which will own and operate Foot Locker stores in the country Bengaluru: Mumbai-based footwear retailer Metro Brands Ltd. (MBL), which...

Coty-owned beauty brand Max Factor enters India

Its products will be available on e-commerce platforms like Amazon, Myntra, Boddess and Tata Cliq as well as Shoppers Stop's beauty arm SSBeauty stores Bengaluru: Max Factor, a line of cosmetics from multinational beauty company Coty Inc. has entered the Indian...

Myntra forays into gifting category

The e-tailer will offer more than 70,000 options from over 100 brands, across 50 categories Bengaluru: Fashion and lifestyle e-commerce platform Myntra is set to expand into the gifting category with a selection of more than 70,000 options from over 100 brands,...

Union Budget 2024-25: Retail leaders laud the strategic direction of the initiatives

Retail leaders across categories assess the impact of the key announcements in the Union Budget 2024-25, analysing how the newly introduced measures and policy changes will influence their operations and growth prospects Bengaluru: The Union Budget 2024-25, revealed on Tuesday by...

Hindustan Unilever shares drop over 3% after Q1 earnings

The stock went lower by 3.33 per cent to Rs 2,674.10 on the BSE and at the NSE, it declined 3.29 per cent to Rs 2,675.10New Delhi: Shares of Hindustan Unilever Ltd (HUL) on Wednesday declined over 3 per...

TDS rate cut for e-tailers to help free up working capital for sellers, say e-biz players

The budget proposed reduction in TDS rate on e-commerce operators to 0.1 per cent from 1 per cent nowNew Delhi: E-biz players on Tuesday said the proposed reduction in TDS rate on e-commerce operators to 0.1 per cent from...

HUL Q1 profit up 2.2% to Rs 2,612 crore

The company's revenue from product sales was marginally up 1.68 per cent at Rs 15,497 crore as against Rs 15,240 crore in the year-ago periodNew Delhi: FMCG major Hindustan Unilever Ltd (HUL) on Tuesday reported 2.2 per cent rise...

Special attention to MSMEs in Budget 2024-25: New credit guarantee scheme; hike in Mudra loans

In the first Budget of Modi government's third term, Sitharaman introduced a new credit guarantee scheme for term loans to acquire machinery and equipment and proposed raising the Mudra loan limit from Rs 10 lakh to Rs 20 lakhBengaluru:...

Govt cuts import duty on mobile phones; imported handsets to become up to 6% cheaper

The industry witnessed three-fold increase in domestic production and almost 100-fold jump in exports of mobile phones over the last six yearsNew Delhi: Imported mobile phones will become cheaper by up to 6 per cent as the government in...
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Latest News

Twenty1 Foodcourt’s first outlet in Raipur to open on Saturday

The first food court, which will be in Colors Mall, Pachpedi Naka, Raipur, will open on 27 July New Delhi:...
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