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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...

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...

Relief for salaried class under new tax regime; 50% hike in standard deduction to Rs 75,000

Finance Minister Nirmala Sitharaman said salaried employees in the new tax regime could save up to Rs 17,500 in income tax annually following the changes announced in the BudgetNew Delhi: In sops for the middle class, Finance Minister Nirmala...

Shares of shrimp products makers in heavy demand after Budget allocation

Presenting the Union Budget for 2024-25, Sitharaman said that the government has reduced the basic customs duty on shrimp to 5 per centNew Delhi: Shares of producers and exporters of seafood products' firms jumped on Tuesday after Finance Minister...

Mahindra Logistics profit falls 55% to Rs 10.15 crore in April-June

The revenue during the quarter under review, however, rose 10 per cent to Rs 1,156.66 crore from Rs 1,050.92 crore in the year-ago periodMumbai: Mahindra Logistics Ltd. (MLL) on Monday said its standalone profit fell 55 per cent to...
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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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