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Amul to invest Rs 600-800 cr this fiscal on capacity expansion

GCMMF, which markets dairy products under the Amul brand, will invest Rs 600-800 crore this fiscal in setting up new milk processing plants and...

Bata India Q4 profit jumps 69 pc to Rs 88 crore

Footwear major Bata India Friday reported a 69.47 percent jump in standalone profit to Rs 88.26 crore for the fourth quarter ended March 31,...

Tablez aims to garner Rs 400 crore in revenue by 2020

Tablez, the retail arm of LuLu Group International, is aiming to double its revenue in India to Rs 400 crore by 2020. The brand retailer,...

Crocs appoints Sumit Dhingra as new GM for India

Global casual footwear brand Crocs Inc has announced appointment of Sumit Dhingra as the new General Manager for India, Sri Lanka and Nepal. In his...

Ola restructures foodpanda biz; to focus on expanding kitchens

Ola is restructuring its food delivery platform foodpanda to focus on building a portfolio of its own as well as curated food brands through...

Future Consumer reports Q4 profit of Rs 7.53 crore

Future Consumer Ltd, part of Kishore Biyani-led Future Group, Wednesday posted a consolidated profit of Rs 7.53 crore for the quarter ended March 2019. The...

IAMAI slams GST bill, says it spells doom for e-retail

Internet and mobile industry body IAMAI representing giants like Google, Flipkart, Facebook, and Airtel Money on Monday slammed proposed Goods and Services Tax Bill saying it fails to recognise...

Hindustan Unilever Ltd to pay Rs 27 lakh for misleading customers

Delhi State Consumer Commission has imposed a penalty of Rs 27 lakh on Hindustan Unilever Ltd for playing a fraud on its customers by...

No tax levy if cash payment for goods, services is less than Rs 2 lakh, clarifies CBDT

CBDT has issued a new circular clarifying that the Tax Collected at Source (TCS) levy will not be applicable when cash part of the...

TataCLiQ.com signs up 12 global brands to sell on its platform

Tata group's e-commerce venture TataCLiQ.com has partnered with 12 international brands, including New Look, Oasis, Lipsy London, Phase Eight, Hawes & Curtis, to sell...

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The Luxottica report card for 2022

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