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Festivities likely to be smaller, more digital this year: EY

Festivities in India are likely to be smaller, more intimate, and digital this year, consultancy firm EY said on Thursday. As per an EY report based on the survey responses of 385 participants, festivities are expected to be smaller this...

Despite RIL's fundraising, VC investments in India fall 21 pc to US$ 28.9 bn in Jan-Sept: Report

Despite the US$ 11.7 billion raised by Reliance Industries Ltd (RIL) through stake sales, venture investments in 2020 have declined by a fifth to US$ 28.9 billion till September, consultancy firm EY said in a report on Thursday. Since mid-March,...

Intermittent lockdowns in several states disrupt FMCG firms' momentum, July output

FMCG companies, which saw sales recovering to pre-COVID-19 levels in June, are uncertain if the same momentum could be maintained in July due to intermittent and localised lockdowns in several parts of the country which have impacted manufacturing and...

ITC, Godrej, Dabur, Emami report robust sales in rural areas

Leading FMCG players such as ITC, Godrej, Dabur, Emami and Marico are witnessing robust sales in rural and semi-urban markets, bolstering hopes of a speedy recovery from the impact of the COVID-19 crisis. According to a PTI report: Interestingly, the...

FMCG firms report sales growth in June as supply chains stabilise

Several FMCG companies have reported sales growth in June and expect the momentum to continue in Unlock 2.0, though some challenges persist. According to a PTI report: Firms such as Godrej Consumer Products Ltd (GCPL) and Marico expect overall growth...

Momentum in online, app-based sales to stay for retailers

Many large brick-and-mortar retail chains that switched to online during the lockdown have reported spike in sales from digital channels, and expect the momentum to continue as consumers prefer to order digitally despite restrictions are being eased. According to a...

Building Brands for Tomorrow: Retailers reimagine concepts, strategies

COVID-19 has impacted lives, industries and global economies in a massive way. The worst hit are retailers and brands, who have had to shut shops amid a severe lockdown imposed by the government to stop the spread of the...

Restaurants hopeful as court issues notice to centre

The Centre is to respond to the notice send by the Gujarat High Court on allowing Input Tax Credit on GST by December 11. http://b.indiaretailing.com/wp-content/uploads/2019/11/Image-for-GST.mp4 McDonald's West & South India franchisee - Hardcastle Restaurants Pvt Ltd., had dragged the government to...

Retail Education: Training employees for greater success, productivity

The Indian retail industry is very vast and is considered to be a platform which has employment for all. Be it the educated, barely educated or the uneducated, the skilled or the unskilled, labours or managers, everyone can find...

PE/VC investments in April touch US $2.4 bn on large deals: EY

Private equity and venture capital investments in April were up 23 percent at US $2.4 billion, backed by large deals in sectors like e-commerce and life sciences, says an EY report. According to EY, there were 69 PE/VC deals in...
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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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