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Demonetization

Despite demonetization, India's consumer confidence hits 10-year high

Consumer confidence in India rose to the highest level in 10 years in the December quarter despite demonetization, Nielsen’s global consumer confidence index report showed on Monday. India remained as the most confident country in terms of job prospects, personal...

Delhi, J&K's retail inflation twice the national average: Assocham

The retail inflation in Delhi and Jammu and Kashmir is double that of the national average of 3.17 per cent recorded for January, probably due to demonetization, an industry organisation said on Thursday. "The retail inflation may have been hovering...

Will the e-commerce wagon gather speed putting the sluggish growth year behind?

Going by short medium term trends, the Indian e-commerce wagon gathering speed seems to be the case and that too on an optimistic note. However, this may not remain the case in the long run if certain changes in...

Lite Bite Foods' Millennial-focused chain Punjab Grill Tappa to open 5 more outlets by mid-2017

Buoyed by the initial response of its new millennial-focused chain - Punjab Grill Tappa - Lite Bite Foods Pvt. Ltd. is planning to open five more outlets by mid-2017. The company, recently struck the right chord with youngsters with the launch...

Jubilant Foodworks Ltd Q3 net profit declines by 32 pc to Rs 20 crore

Jubilant Foodworks Ltd (JFL), operator of Dominos Pizza and Dunkin Donuts chains in India, on Monday reported a 31.93 per cent decline in standalone net profit at Rs 19.97 crore for the third quarter ended December 31, 2016. According to a...

MDMA seeks to generate over Rs 500 crore new businesses

Mumbai Diamond Merchant Association (MDMA) on Sunday signed MoU with M P and Indore Sarafa Associations for design and newer avenues to generate over Rs 500 crore new business and creating over 1 lakh job opportunities in the gold...

Pizza Hut plans to double the number of outlets to 700 in India

Yum! Restaurants led, Pizza Hut considers India to be one of its most important markets and plans to double its store count to over 700 in the next five years, riding the wave of growing popularity of western fast-food...

Marico Q3 Net down 6.82 pc at Rs 191.64 crore

FMCG firm Marico on Friday reported 6.82 per cent decline in consolidated net profit at Rs 191.64 crore for the October-December quarter on account of lower income due to demonetization. The company had posted a net profit of Rs 205.68 crore...

Govt reforms, rural economy to benefit retail industry: Report

The retail sector will get an impetus from the spur in economic activity in rural areas on the back of rise in rabi crop planting, according to a report by Dun & Bradstreet issued to PTI. Besides, low level of...

India's Q4 gold demand up 3.3 pc; full year demand drops: World Gold Council

The government's demonetization move appears not to have affected the demand for gold, which went up by 3.3 per cent in the fourth quarter (October-December) of 2016, data released by the World Gold Council showed on Friday. However, gold demand...
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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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