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Qatar Investment Authority to invest Rs 8,278 crore in Reliance Retail

RRVL, through its subsidiaries and associates, operates India's largest, retail business with an integrated omnichannel network of over 18,500 stores New Delhi: Reliance Industries on Wednesday announced that Qatar Investment Authority (QIA), through a wholly-owned subsidiary, will invest Rs 8,278...

SuperBottoms secures $5 million in series A1 funding round

Lok Capital, Sharrp Ventures, DSG Consumer Partners, and Saama Capital participated in the funding round Mumbai: SuperBottoms, a sustainable baby and mom care brand has raised $5 million in its recent series A1 funding round led by Lok Capital and Sharrp...

Lifestyle International FY23 profit jumps to Rs 700 crore

Its net profit for the financial year 2021-22 was Rs 269 crore and revenue from the operations stood at Rs 7,806 crore New Delhi: Retail store chain Lifestyle International Ltd, part of Dubai-based retail and hospitality conglomerate Landmark Group, has reported a...

Meesho aims to grow merchant base 10 times to 1.1 cr by 2027

Meesho charges zero commission from sellers on their sales but charges for services like advertisement, logistics and other business tools that it provides to merchants New Delhi: With the government relaxing GST rules for online sellers, Softbank-backed Meesho aims to...

Footwear industry to record 11% revenue growth this fiscal: Report

Softening input cost will boost operating margin by about 125 basis points to 9 per cent, which will still be below the pre-pandemic levels of 10 per cent Mumbai: Softening input cost and rising demand will help the footwear industry...

Retail sales grow 9% in July 2023 vs July 2022: RAI Survey

According to an RAI survey, QSR and Food and Grocery recorded a growth of 15% and 14% respectively, while jewellery grew 12% in July 2023  as compared to the same period last year Mumbai: Retail sales in July 2023 showed...

Zomato, Battery Smart join hands to provide battery swapping access to delivery partners

Under the partnership, Zomato's delivery partners can get access to Battery Smart's existing network of over 800 swap stations across more than 30 cities New Delhi: Online food ordering and delivery platform Zomato on Monday said it has partnered with...

MyTrident aims to cross Rs 1,000 crores revenue by FY25-26

The home furnishing brand also plans to aggressively expand to over 10,000 retail touchpoints including 100 exclusive stores by the end of FY2025-26 Mumbai: MyTrident, the flagship domestic home furnishing brand of Trident Group (a $2 bn conglomerate), aims to...

Bag and accessories brand Hidesign opens 3 stores in 3 weeks

The stores are located at Mall of Ranchi, Jharkhand; CP67 at Mohali in Punjab and at the Forum Kochi in Kerala Mumbai: Leather bag and accessories brand Hidesign has opened three new outlets, a company official announced on social media....

Delivery work not permanent career choice, gig staffing segment sees half-yearly churn: experts

A Zinnov and Microsoft study in March noted that gig workers will play an instrumental role in India's USD 5 trillion economy, with the current 77 lakh gig workforce set to triple to 2.3 crore by 2030, generating USD...
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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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