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LT Foods posts 14% jump in Q4 net profit on strong sales

This consistent performance underscores our strategic focus on continuous investment on brands across geographies and innovationNew Delhi: LT Foods, a more than 70-year-old Indian-origin global FMCG company in the consumer food space, on Friday posted a 14% jump in...

Hyper-local e-comm firm magicpin plans to hire 250 people over next 6 months

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...

Nokia India sales decline 69% to Rs 2,360 cr in March qtr

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...

LG expects 2 mn AC sales in 2024 on harsher summers; IoT devices to chip in 10% of total sales

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...

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...

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...

Trent Q2 net profit up nearly 3-fold at Rs 228.06 crore

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...

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...

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...

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...
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Killer Jeans maker KKCL to invest Rs 35 cr in FY25 on capacity expansion, new stores

KKCL had cash of Rs 390 crore in its books and is paying the Rs 166 crore for the...
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