Bose Corp Reinvests $20 Mn In Noise
The company welcomed Bose Corporation as a strategic investor last year
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Augmont Unveils Special Silver Coin Kit For Republic Day
- by BW Retail World Bureau
- January 25, 2025
A tribute to India’s achievements and cultural legacy Augmont, a pioneer in the gold industry, has unveiled a limited edition ‘Bharat and Beyond’ Silver Coin Kit to commemorate India’s 75th Republic Day. Designed to celebrate the nation’s progress and cultural heritage, the kit is a collector’s delight and a tribute to India’s achievements across […]
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Airtel Payments Bank Crosses Rs 600 Crore Quarterly Revenue
- by BW Retail World Bureau
- August 9, 2024
Revenue grew to Rs 610 crore in Q1 FY25, up by 52 per cent year-on-year (YoY) while net profits stood at Rs 7.2 crore, up by 41 per cent YoY Airtel Payments Bank today unveiled its consolidated results for the first quarter ended on 30 June 2024. For the first time, the bank’s quarterly revenue […]
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ONDC Registers 12M Orders In July 2024, Expands To 609 Cities Nationwide
- by BW Retail World Bureau
- August 7, 2024
Daily orders peak at 4,30,000; new auto components category launched, bolstering diverse service offerings The Open Network for Digital Commerce (ONDC) continued its growth trajectory in July 2024, recording 12 million orders across various categories, with daily orders reaching 4,30,000. The network currently comprises over 6,38,000 sellers and service providers, operating in more than 609 […]
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Government Increases Securities Transaction Tax To Curb Retail Speculation In Derivatives Market
- by BW Retail World Bureau
- July 24, 2024
Finance Minister Nirmala Sitharaman targets rising retail participation in Futures and Options trading with new STT hike According to a report by PTI, Finance Minister Nirmala Sitharaman has proposed an increase in the securities transaction tax (STT) on futures and options (F&O) trading, aiming to discourage retail investors from participating in these high-risk instruments. In […]
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Markets Making New Heights With FII/DII Investments, Experts Suggest Retail Investors Be Cautious
- by BW Retail World Bureau
- July 5, 2024
NSE data points out that the domestic institutional investors (DIIs) made net purchases exceeding Rs 28,633 crore last month The Indian stock market is continuously getting robust support from domestic investors as it sustains the bull run for the past month, highlighted the National Stock Exchange (NSE) data. The NSE data pointed out that the […]
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Berger Paints’ Profit Jumps To Rs 222.62 Crore In Q4 FY24
- by BW Retail World Bureau
- May 17, 2024
The company’s revenue grew 3.1 per cent to Rs 2,520.28 crore In the fiscal fourth quarter, Berger Paints reported a profit of Rs 222.62 crore, marking a 19.7 crore increase from Rs 186.01 crore in the same period of FY23. Revenue from operations stood at Rs 2,520.28 crore, reflecting a 3.1 per cent year-on-year rise […]
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Gold Prices Dip In India, 24-carat Falls Rs 10, Silver Down Rs 100
- by BW Retail World Bureau
- April 29, 2024
In early trade on Monday, the price of 24-carat gold dropped by Rs 10, with ten grams of the precious metal trading at Rs 72,920 according to the GoodReturns website. The price of silver also decreased by Rs 100, with one kilogram of the precious metal selling at Rs 83,900. The price of 22-carat gold […]
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Phonepe’s Pincode Streamlines Focus On Food And Ticket Booking On ONDC
- by BW Retail World Bureau
- April 25, 2024
The decision to streamline its offerings on ONDC comes after PhonePe’s separation from the Flipkart group last year, leading to the establishment of Pincode as a separate entity and app In a strategic move aimed at refining its ecommerce approach, Walmart-backed PhonePe has announced significant changes to its subsidiary, Pincode, within the Open Network for […]
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PepsiCo Sees Strong Growth In India: Beverages Up High Single-Digit, Snacks Up Double-Digit
- by BW Retail World Bureau
- April 24, 2024
In its global earnings statement, PepsiCo announced a “high single-digit growth” in beverage unit volume and “double-digit growth” in its convenient food business in the Indian market during the first quarter of 2024. The net revenue in the Africa, Middle East, and South Asia (AMESA) division, which includes the Indian market, increased by 2% to […]