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Retail Report: Nykaa accounts for 38% of the online beauty & personal care market in India

Nykaa offers a combination of over 2400 domestic, international, luxury, prestige, premium, niche, and cult beauty brands with 100% authenticity certificates New Delhi: Founded in April 2012 by former managing director of Kotak Mahindra Capital Company Falguni Nayar, Nykaa is...

Credit card spending hits record high at Rs 1.4 lakh crore in May; cards in use at 87.4 million

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...

Silver Dreams

It started way back in 1882 when the enterprising Whorra family successfully embarked upon manufacturing custom-made silverware, trophies and mementos. Soon thereafter, they made their foray into retail in 2001 with a store at Greater Kailash, New Delhi. Currently,...

PE Investments in Indian Food Service Sector Likely to Grow in the Next 3 Yrs

The Food Service Sector has seen strong deal activity in the last 3 years, with over 30 investments totaling USD 250 mn invested in early and growth stage companies. In the same period the sector saw few exits, given...

Fuel retailers bank on non-fuel retailing

Thanks to the deregulation of retail petrol prices in June last year, fuel retailing companies are finding themselves thinking out-of-the-box to stay ahead of competition. Brought on a level-playing field by deregulation of petrol prices, these companies, public and...

Pantaloon’s tie-up with international players in final stage

Pantaloon Retail is looking at acquiring a food led fast moving consumer goods (FMCG) business. It is in the final stages for Big Bazaar tie-up with international player. The company is into value unlocking thing. So it is going in...

Subhiksha sells 10 pc stakes at Rs 230 cr

Wipro Technologies’ chairman Azim Premji has invested around Rs 230 crore through his private investment firm ‘Zest Investment Pvt Ltd’ to acquire a 10 per cent stake in one of India’s largest supermarket, medicine and telecom retail chain -...

PVR sells arm to JP Morgan and ICICI

PVR, one of the country’s largest multiplex chains, has sold its stake worth Rs 120 crore in its production and distribution unit to JP Morgan Global Special Opportunities Group and ICICI Venture Funds Management Company. Announcing this, Ajay Bijli, managing...

Fazle Naqvi planning multi-category retail entry

With introduction of Canadian juice brand Booster Juice, under his new venture Brand Caculus, and a lot more on the cards, Fazle Naqvi, one of the renowned veterans of fashion and lifestyle industry, has come back in the business...

Fall in retail shareholders

Even as India Inc's shareholder base shrunk amid concentration of large holdings in hands of big investors like promoters, foreign institutional investors (FIIs) and high net worth investors (HNIs), those of numerous blue-chip companies led by Reliance group saw...
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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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