business news
Fashion & Lifestyle
Titan Q1 net profit dips 4% to Rs 756 crore
PTI -
The company had posted a net profit of Rs 790 crore in the April-June period last fiscal
New Delhi: Leading jewellery and watchmaker Titan on Wednesday reported a 4% drop in its consolidated net profit at Rs 756 crore in...
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Snowman Logistics registers 48% growth in revenue in Q1 FY23-24
EBITDA increased to Rs 25.42 crore from Rs 21.26 crore, registering a 20% growth for the same period in the previous year and PAT increased to Rs 3.38 crore from Rs 1.89 crore in the corresponding quarter of the...
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Airtel to target SMBs market with Airtel IQ messaging platform
PTI -
Airtel's communications platform as a service (CPaas) Airtel IQ Reach will enable small and medium businesses to engage with target customers with prepaid pay-as-you-go plans
New Delhi: Telecom operator Bharti Airtel is looking to garner a major share in enterprise...
FMCG
Ice-cream chain Naturals opens outlet in Maharashtra
The outlet is located at Marol, Andheri east area in Mumbai
Mumbai: Mumbai-based ice cream chain Naturals expands its retail horizon with the launch of its latest outlet in Maharashtra, the company announced in a press release. The outlet is...
Fashion & Lifestyle
Alia Bhatt joins babycare brand SuperBottoms as investor and brand ambassador
SuperBottoms‘ current line of products includes cloth diapers, langots, potty training pants, and diapering accessories
Mumbai: SuperBottoms, a sustainable baby and mom care brand, has onboarded Indian actor Alia Bhatt as its investor and brand ambassador, the company announced in...
Big Grid
Tepid business is forcing fashion brands to cancel orders, delay deliveries from suppliers
Several fashion and lifestyle brands report a 10% to 20% decrease in business in the last three months compared to the same months last year as consumers cut down discretionary spends
Mumbai: Fashion brands across the board are reporting tepid...
Finance and Funding
5% global minimum tax to come into effect next year: OECD
PTI -
The OECD said that till date, around 50 jurisdictions have taken steps to implement the global minimum tax.
New Delhi: Global minimum tax of 15 per cent will come into effect from next year and by 2025 almost 90 per...
Retail
India franchise industry to touch $140-150 billion in next 5 years, says report
PTI -
The Indian franchise industry is valued at around Rs 800 billion and is expected to continue growing in the coming years at a rate of 30 to 35% per annum
New Delhi: The India franchise business is expected to touch...
Fashion & Lifestyle
Fashion brand icons: Vineet Gautam of Bestseller India
IndiaRetailing brings you a series in which we highlight the brand icons in India’s thriving fashion and lifestyle industry. Today, the spotlight is on Vineet Gautam
Mumbai: No business can survive for long without a vision; even if it does,...
Consumer Durables & IT
Credit card spending hits record high at Rs 1.4 lakh crore in May; cards in use at 87.4 million
PTI -
Similarly, the number of cards in use has also jumped by more than 5 million since January and crossed 87.4 million in the reporting month, making this also an all-time high in May, according to the RBI data
Mumbai: Credit...
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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...
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