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Retail Report: Nykaa accounts for 38% of the online beauty & personal care market in India

Nykaa offers a combination of over 2400 domestic, international, luxury, prestige, premium, niche, and cult beauty brands with 100% authenticity certificatesNew Delhi: Founded in April 2012 by former managing director of Kotak Mahindra Capital Company Falguni Nayar, Nykaa is...

TPG Growth IV SF offloads shares of Nykaa worth Rs 202 crore

TPG Growth IV SF sold a total of 1,08,43,050 shares in two tranches, amounting to 2.28 per cent stake in the companyNew Delhi: TPG Growth IV SF on Friday offloaded shares of Nykaa’s parent company FSN E-Commerce Ventures for Rs...

Vishal Retail shareholders okay name change

Vishal Retail today said its shareholders had approved changing the company's name to V2 Retail and also its plan to enter real estate business.The company submitted a report on a postal ballot seeking shareholders' approval the name change and...

Carrefour to rebrand smaller stores

Carrefour may be known among local shoppers for aisles upon aisles of groceries in big-box stores, but these days the hypermarket is shifting focus to its smaller shops.The world's second-largest retailer, after Walmart, has undertaken a national rebranding effort...

SRS Ltd to launch Rs 225 cr IPO next month

Faridabad-based SRS Ltd, which has interests in cinema exhibition, retail and food courts, said it will launch an initial public offer to raise up to Rs 225 crore by next month. The company will issue around 3.5 crore equity...

Cantabil to rejig marketing strategy

Delhi-based apparel retailer Cantabil Retail India has started a restructuring exercise that includes shutting down non-profitable outlets, slower expansion and gradually doing away with its sales strategy of offering 80 per cent flat discount throughout the year. Cantabil Retail...

Pantaloon completes transfer to FVRL

Pantaloon Retail India Ltd (PRIL) on Monday said it has completed realignment of its business by transferring its value retail formats -- Big Bazaar and Food Bazaar -- to Future Value Retail Ltd (FVRL).In a filing to the Bombay...

Emami Q4 net profit up 38.4 percent

Kolkata-based FMCG Emami had posted a 38.4 percent increase in its consolidated net profit of Rs 54.56 crore for the quarter ended March 31, 2011 as against the same period in the previous fiscal. The company attributed the strong...

L’Oréal sales rise 9.3 percent in Q1

L’Oréal have posted their first-quarter sales of 5.16 billion euros, or $7.02 billion, a 9.3 percent rise in revenues compared with the same period last year. In like-for-like terms, stripping out the effects of currency fluctuations, the company’s sales...

Gaja to pump in Rs 100 crore for retail expansion

In a bid to consolidate on its jewellery retail business, Gaja, the in-house retail brand of Kolkata-based Shree Ganesh Jewellery House Limited (SGJHL) is set to pump in Rs 100 crore for next two years.Currently retail forms only 10...
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Zomato raises $1 bn via QIP; Motilal Oswal, ICICI Prudential among big domestic investors

Zomato had launched its Qualified Institutional Placement (QIP) issue on 25 November, which closed on 28 November New Delhi: Food...
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