Sales
E-Commerce
Hyper-local e-comm firm magicpin plans to hire 250 people over next 6 months
PTI -
The fresh hiring will take the total workforce to over 550 excluding the collaborative workforce of 100 people that will be hired for the ONDC projectNew Delhi:Hyper-local e-commerce company magicpin said it plans to hire more than 150 professionals...
Consumer Durables & IT
Nokia India sales decline 69% to Rs 2,360 cr in March qtr
PTI -
Net sales in APAC declined strongly in the quarter, mainly due to Mobile Networks and Network InfrastructureNew Delhi: Finnish telecom gear maker Nokia posted a 69% decline in India sales to 265 million euros, about Rs 2,360 crore, in...
Consumer Durables & IT
LG expects 2 mn AC sales in 2024 on harsher summers; IoT devices to chip in 10% of total sales
PTI -
LG Electronics India, a wholly owned subsidiary of South Korea-based major LG Electronics Inc, on Monday launched 77 new models of air conditionersNew Delhi: Appliances maker LG Electronics has recorded sales orders of 1 million units for residential air...
In Focus
Which technologies will fuel the next wave of growth in retail?
AI, IoT, Robotics, AR, VR, and Computer vision sensor fusion to play a key role as per a report by RAI & DeloitteNew Delhi: Technologies like AI, its offspring generative AI, IoT, robotics and advanced analytics would emerge as...
In Focus
Valentine’s Day 2024: Brands bet big on the business of love
As Valentine’s Day 2024 fever catches up, brands expect a 25%-300% growth in revenue or salesBengaluru: Encouraged by robust growth during V-Day last year, leading brands across categories are looking forward to their Valentine’s season becoming more special this year with...
Latest News
Trent Q2 net profit up nearly 3-fold at Rs 228.06 crore
PTI -
Total expenses were higher at Rs 2,773.52 crore in the second quarter of the current fiscal as compared to Rs 1,899.49 crore a year agoNew Delhi: Tata group retail firm Trent Ltd on Tuesday reported a nearly three-fold rise...
Latest News
V-Mart Retail Q2 net loss at Rs 64 crore
V Mart's total expenses in the September quarter were at Rs 637.84 crore New Delhi, Nov 6 (PTI) V-Mart Retail Ltd on Monday reported a net loss of Rs 64.12 crore for the second quarter ended September 2023.It had incurred a...
E-Commerce
Meesho witnesses 1.6 crore new app installs during its festive sale
With 120 crore customer visits, categories such as home and kitchen as well as fashion, beauty and personal care sectors achieved more than 72 orders per second
Bengaluru: E-commerce marketplace Meesho has witnessed 1.6 crore new app installs during its flagship...
In Focus
Reliance Retail Empire in Numbers
Reliance Retail is India’s largest retailer by sales and also by the number of stores. Reliance Retail is currently valued at $100 billion as per its latest fund raising from a few global funds. The Mumbai-headquartered company operates an...
In Focus
World’s oldest shopping malls
These malls existed even before the term ‘shopping mall’ was first known to be used in the 1950sNew Delhi: Many people believe that malls are a modern concept, but if you dig deep in retail history, you will find...
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Latest News
Hong’s kitchen opens new outlet at Delhi’s Rohini
Hong’s Kitchen embarked on its presence in Delhi’s Unity One Mall located at CBD Shahdara and Omaxe Chowk in...
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