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Kalyan Krishnamurthy

Kalyan Jewellers records profit of Rs 144 crore in Q1FY24

The jewellery retailer’s revenue witnessed a growth of 31% to Rs 4,376 crore as against Rs 3,333 crore in the corresponding quarter of the financial year 2023 Bengaluru: Indian jewellery brand Kalyan Jewellers has recorded a consolidated profit after tax (PAT)...

100% electric mobility by 2030: Flipkart drives towards sustainability with EV100

Flipkart plans to have a fleet of more than 25,000 electric vehicles (EVs) by 2030 in line with its aim to transition its entire logistics fleet across cities to green energy vehicles, the company said on Wednesday. The company said...

Flipkart to focus on grocery & fashion biz, scaling loyalty program

Walmart-owned Flipkart on Thursday said it is working on scaling its loyalty programme, grocery and fashion business while continuing to invest in technology and infrastructure this year as it looks to strengthen its position in the burgeoning Indian e-commerce market. The company, which...

Indian e-commerce will reach $90-100 billion in 3-4 years: Flipkart CEO, Kalyan Krishnamurthy

The pandemic has brought in a shift in consumer behaviour, providing a major fillip to the Indian e-commerce industry that is now poised to touch USD 90-100 billion in the next 3-4 years, Flipkart Group CEO Kalyan Krishnamurthy said on Wednesday. Krishnamurthy said while challenges brought in...

Flipkart to boost user experience using AR

In a bid to offer more immersive experiences to its consumers, Flipkart Group on Tuesday announced the acquisition of Bengaluru-based Augmented Reality (AR) company Scapic for an undisclosed sum. Scapic is a Cloud-based platform which enables creation and publishing of...

Flipkart to acquire 7.8 pc stake in Aditya Birla Fashion for Rs 1,500 cr

Flipkart Investments will pick up 7.8 percent stake in Aditya Birla Fashion and Retail Limited (ABFRL) with an investment of Rs 1,500 crore. The equity capital will be raised at Rs 205 per share. The promoter and promoter group companies...

Small towns set to drive record festive sales

While the ongoing pandemic has left crores of Indians in deep financial trouble who are struggling to make ends meet, the aspirational Bharat -- riding on the pent-up demand and discretionary income -- is all set to embark on...

Walmart, Flipkart Group make fresh investment in Ninjacart

Walmart and the Flipkart Group on Monday announced a fresh round of investment in Ninjacart, a Bengaluru-headquartered supply chain platform that sources fresh produce directly from farmers and quickly delivers them to retailers and businesses. This follows the investment made...

Flipkart announces 'The Big Billion Days' sale from Oct 16-21

Kicking off the festive season, Flipkart on Saturday announced its flagship, six-day 'The Big Billion Days' sale that will start from October 16 till October 21 with some cool offers across categories to further lift the consumer sentiments in...

Walmart-led investors pump in US$ 1.2 bn in Flipkart Group

A Walmart-led investor group on Tuesday pumped in an additional US$ 1.2 billion into the e-commerce platform Flipkart Group to support its marketplace in the wake of the ongoing COVID-19 pandemic. With the new investment, Flipkart group is now valued...
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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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