Finance & Funding
Tiger Global offloads 1.7% stake in Delhivery for Rs 414 cr
PTI -
Internet Fund III Pte, a fund managed by Tiger Global Management sold 1,23,63,060 shares, amounting to 1.70 per cent stake in the company
New Delhi: Internet Fund III Pte, a fund managed by Tiger Global Management, on Wednesday divested a 1.7...
Retail
Cybeart inks multi-year licensing deal with Gujarat Titans
Cybeart's chairs will be present in the team rooms as well as in kiosks on the home field where the chairs will function as an experience centre
New Delhi: Cybeart, a gaming merchandise company that makes special chairs for video-gaming purposes,...
Fashion & Lifestyle
The new store will cater to the customers in Dwarka suburbs who otherwise had to travel to nearby Gurugram to shop at H&M
New Delhi: H&M has opened a new store in Vegas Mall in Dwarka, the ninth store in the...
Food
Chai Sutta Bar launches 41 outlets in two months
The chai franchise opened stores in several states including Rajasthan, Maharashtra, Uttar Pradesh, and Tamil Nadu
Bengaluru: Chai Sutta Bar (CSB), a homegrown fast food and tea outlet brand, broadens its retail footprint with the launch of 41 outlets in the...
Home Decor & Furnishing
Ingka Group records total revenue of €42.0 billion in FY22
The company also progressed towards its investment goal of €6.5 billion in renewable energy by 2030, by investing and committing a record €0.9 billion in renewable energy projects
Bengaluru: Ingka Group, the parent company of IKEA India reports a revenue of...
Economy
Twitter closes offices in Delhi, Mumbai; staff asked to work from home
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The closure of the two offices in key locations comes as the platform has initiated a massive cost cutting drive globally
New Delhi: Amid layoffs and a severe cost-cutting, Twitter has closed offices in Delhi and Mumbai and asked staff to...
E-Commerce
The business of love on Q-commerce
How Q-commerce platforms added cheer to the Valentine’s Day celebrations of its customers
New Delhi: In 2015, Indians spent approximately Rs 22,000 crore on Valentine’s Day, as per ASSOCHAM data. Valentine’s day has grown manifolds since then as a celebration...
Home Decor & Furnishing
Singapore’s HomesToLife opens its first store in India
HomesToLife, a Singapore-based furniture brand, has entered India with a store at Mumbai’s Phoenix Market City mall
Mumbai: HomesToLife, a Singapore-based premium furniture firm, has launched its first retail outlet in India. The 7,500 sq. ft. is locatedat Mumbai’s Phoenix Market...
Payments
RBI publishes list of 54 existing online payment aggregators
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The list includes Amazon (Pay) India, Google India Digital Services, NSDL Database Management, and Zomato Payments, which can continue to operate as Online Payment Aggregators (PAs)
Mumbai: The Reserve Bank on Wednesday released a list of 54 entities, including Amazon (Pay)...
Consumer Durables & IT
Xiaomi bets on 4K tech for dominance in smart TVs
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Xiaomi India is banking on introducing newer technology in the 4K smart television category to maintain its lead, as it sees the market to remain flat in 2023
New Delhi: Smart device maker Xiaomi India is banking on introducing newer technology...
Finance and Funding
Paytm completes share buyback worth Rs 850 cr
PTI -
One97 Communications, which operates under the Paytm brand, has completed buyback of shares worth Rs 849.83 crore
New Delhi: Digital financial services firm One97 Commuications, which operates under the Paytm brand, on Tuesday said it has completed buyback of shares worth...
Food & Beverage
Dominos launches heart-shaped pizza this Valentine’s Day
The Valentine’s Day-themed pizza by Domino's is available in chicken pepperoni and cheesy tomato variants from 12 - 14 February 2023 through online ordering and at its stores
New Delhi: US-based pizza restaurant chain Domino’s Pizza has launched a heart-shaped pizza to...
Fashion & Lifestyle
Birkenstock expands its retail footprint: opens five new stores in India
Newly opened outlets are situated at Nexus Mall Hyderabad, Sarath City Mall Hyderabad, Nexus Mall Koramangala (Bangalore), Pacific Mall Dehradun, and Phoenix Citadel Mall Indore
Bengaluru: German footwear firm Birkenstock Group B.V has expanded its store footprint in India with the launch of...
Food & Beverage
India a seed market; to continue to invest for future growth: Mars Wrigley
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Mars Wrigley India is focusing on its core brands -- Galaxy, Snickers and Boomer -- expecting a "huge percentage" of its business and growth for the next 5-10 years to come from these brands
New Delhi: India is a "seed...
Latest News
The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...