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Bata Consolidated Net Profit Jumps 15% To Rs 83 Cr In Q3

Footwear major Bata India Limited on Tuesday announced results for the quarter ended 31 December 2022. The company posted Rs 83.19 crore in consolidated net profit in the Q3, up 14.86 per cent from Rs 72.32 crore in the same period last fiscal. Bata’s revenue from operations for the quarter stood at Rs 900.2 crore […]

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Brands Food/Entertainment News

Hershey India Enables Consumers To Express Their Love On V-Day With 360-Degree Experiential Campaign

Hershey India, a subsidiary of The Hershey Company, a leading global snacking and confectionery company and the largest producer of quality chocolates in North America, kicked off an integrated 360-degree Valentine’s Day campaign inviting and enabling consumers to express their love with its #YourForevers campaign. The multi-platform integrated campaign celebrates love in multiple ways with […]

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Brands Electronics News

imoo: OPPO and VIVO’s Sister Company Launches Kids Watch Phones In India

OPPO, VIVO, realme, iQOO and OnePlus are some of the most widely recognized and trusted consumer electronics brands operating in India at the moment. The one thing that is common to all these brands is the fact that they operate under the umbrella brand of BBK Electronics. The company, whose foundation was laid in the […]

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Brands Fashion & Lifestyle News

Khadim India Net Profit Drops To Rs 4.81 Cr In Q3 FY23

Khadim India, a retail footwear brand, recorded a fall in consolidated net profit to Rs 4.82 crore in the third quarter ended December 31 this fiscal, compared to a profit of Rs 8.20 crore in the same period previous fiscal, according to a BSE filing. As per the regulatory filing, the company’s income from operations […]

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Brands Electronics News People

Apple Supplier Salcomp To Double Workforce In India

Apple supplier Salcomp has said that it plans to double its headcount in India to 25,000. The Finland-based company aims to do this over the next three years. In addition to increasing its workforce in the country, Salcomp is also targeting annual revenue of USD 2-3 billion by 2025. The news of the development from […]

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Brands E-commerce & Marketplaces News

Nykaa’s Parent Company Reports 68% YoY Fall In Net Profit For Q3

Nykaa’s parent company FSN E-Commerce Ventures on Monday reported 68 per cent year-on-year (YoY) dip in its consolidated net Profit After Tax (PAT) at Rs 9.2 crore for quarter ended on 31 December 2022, compared to the same quarter previous year at Rs 29 crore, as per the company’s regulatory filing. However, the company’s revenue […]

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Brands E-commerce & Marketplaces News

South Indian Bank Enters Into MOU With Maruti Suzuki For Dealer and Retail Car Financing

South Indian Bank today announced the signing of a MoU (Memorandum of Understanding) with Maruti Suzuki. Under this partnership, the bank will provide unmatched dealer finance options and customised auto retail financing solutions for customers. With this tie-up, South Indian Bank aims to help dealer partners streamline vehicle inventory funding and offer comprehensive retail financing […]

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Brands Food/Entertainment News

Zomato Withdraws From 225 Small Cities “Not Very Encouraging” In Past Few Quarters

Zomato, a food-delivery and restaurant discovery network, announced its withdrawal from around 225 smaller cities last month in its December quarter results report. “Recently, in the month of January, we have exited around 225 smaller cities which contributed 0.3 per cent of our GOV (gross order value) in Q3FY23 (October-December),” Zomato chief financial officer Akshant […]

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Brands Fashion & Lifestyle News

Akzo Nobel India Reported 16% Rise In Q3 Net Profit To Rs 97.4 Cr

Akzo Nobel India reported a 16.22 per cent increase in consolidated net profit to Rs 97.4 crore in the third quarter ended December 2022, owing to margin management and operational savings. Akzo Nobel India reported a consolidated net profit of Rs 83.8 crore in the October-December quarter of the previous fiscal year in a regulatory […]

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Brands E-commerce & Marketplaces News

Shopify’s Bi-Annual Major Product Release Optimises Mobile Commerce, Streamlines Checkout To Keep Indian Retailers On Cutting Edge

Shopify (NYSE: SHOP), a provider of essential internet infrastructure for commerce, has unveiled a major set of 100+ platform updates, with new features that unlock the power of mobile commerce, and meet shifting shopping preferences with a seamless checkout experience A new suite of features for Indian merchants comes as retailers seek new ways to […]

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