Gifting as an industry is getting more personalised. The discerning audience is seeking more and more products which have an emotion attached to it, said Vikaas Gutgutia, MD Founder FNP (Ferns N Petals) “Instead of sending a simple bouquet or a cake and a card, consumers want to go that extra mile so that the […]
Cantabil Retail India on Tuesday posted a 12.79 per cent in profit after tax (PAT) to Rs 26.95 crore for the quarter ended December 2022, against Rs 23.71 crore in the year-ago period. According to a statement shared with exchanges, revenue went up 23.82 per cent to Rs 163.10 crore, against Rs 131.72 crore in […]
“The Budget 2023 is hopeful for the whole Indian economy, as well as for consumers’ pockets,” said Varun Moolchandani, Executive Director-Archies. Despite the rising tax on soft toys, the Chinese toys industry, Archies, is optimistic about the future year. Moolchandani said that the government’s action is to boost the “Made in India” movement. “We delivered […]
India’s leading logistics provider Delhivery on Tuesday said it has partnered with software solution provider eSamudaay to enable rural businesses to scale by serving customers across India. The coming together of ONDC network partners Delhivery and eSamudaay effectively broadens the footprint of local products and aligns with the government’s Make in India for the world, […]
Kansai Nerolac Paints (KNPL), one of the leading Paint companies in India, today at the Board meeting announced its unaudited results for the third quarter of financial year 2022-23. For the quarter, the company earned Net revenue from operations of Rs. 1717.1 crore, a growth of 1.4 per cent over the corresponding quarter of the […]
Apple CEO Tim Cook has called India a “hugely exciting market” for the company. Speaking at the company’s earnings call on Thursday, Cook stated that India will be a “major focus” for the company, which is looking to choose the country as an alternative production base to China and as a source of growth, Nikkei […]
Devendra Chawla, former Chief Executive Officer and Managing Director of Spencer’s Retail has joined Eversource Capital-promoted shared electric mobility player GreenCell Mobility as its new CEO. He will report to the company’s board. Chawla had joined the RP Sanjiv Goenka Group in 2019 for a three-year term; he recently stepped down from his role. Prior […]
The FMCG company Emami increased its consolidated profit after tax (PAT) by 5.05 per cent to Rs 219.52 crore in the three months that ended on December 31. In the same quarter last year, the company’s PAT totaled Rs. 208.96 crore. The total sales increased by 4% to Rs 971.85 crore. According to the company, […]
Marico reported a 5 per cent increase in net profit to Rs 333 crore for the third quarter ended December 2022 on Friday. This compares to a net profit of Rs 317 crore in the previous year. Revenue from operations increased by 2.6 per cent to Rs 2,470, compared to Rs 2,407 in the previous […]
Anand Milk Union Limited (AMUL) aims to double the income of farmers in the next four years by producing a dairy herd which is genetically superior and proven, and fit to produce double the quantity of milk at the same cost. Amit Vyas, Managing Director of Amul Dairy, said that they are improving breeds of […]
