Samsung India on Wednesday inaugurated its largest Premium Experience Store in Telangana at the Inorbit Mall in Hyderabad. The new store highlights Samsung’s entire product ecosystem through exciting zones around Samsung’s connected ecosystem SmartThings, smartphones, laptops, audio, gaming and lifestyle televisions. The store also has a Bespoke DIY Customisation Zone where consumers can personalize their […]
At an investor conference, Walmart’s Chief Financial Officer, John David Rainey has said that Walmart’s Flipkart marketplace and PhonePe payments business in India has the potential to become USD 100 billion businesses due to their strong growth. While specific sales figures for Flipkart and PhonePe are not disclosed by Walmart, the company has emphasised the […]
ITC‘s revenue from its fast-moving consumer goods (FMCG) business witnessed a substantial growth of 20 per cent in the fiscal year 2022-23 (FY23), according to a recent media reports. The revenue reached Rs 29,000 crore compared to Rs 24,000 crore in FY22. Notably, this impressive growth does not include revenue from its tobacco business, and […]
Tata Steel and Germany’s SMS group have signed a Memorandum of Understanding (MoU) to collaborate on the decarbonisation of steel making process. T. V. Narendran, CEO & MD, Tata Steel, said: “Tata Steel is actively looking for solutions to facilitate the transition to green steel production, and thus contribute to a sustainable future. Further, India […]
Unicommerce, an ecommerce enablement SaaS platform has reported a 200 per cent year-on-year (YoY) growth in its international business during the financial year (FY) 2023 with gains coming from its operations in the Middle East and Southeast Asia. The platform has achieved an annual run rate of 5 million transactions annually with more than 35 […]
India’s gifting brand FNP recently ventured into the gourmet food market and now it presents its exclusive range of premium couverture chocolates. FNP Chocolates feature 4 distinct variants, each crafted with care and precision to deliver an exceptional taste experience. The variants include milk Chocolate, dark chocolate, fruit & nut and white chocolate with Rose […]
Newland AIDC – an auto-identification company has recently launched its exclusive Portable Data Collector– MT37 specifically for the Indian retail segment for smarter inventory management. “Indian retail industry accounts for over 10 per cent of the country’s GDP. Though India is the world’s fifth largest global destination in retail space, the sector is predominantly unorganized […]
The shares of V-Mart Retail reported an increase of 6 per cent due to speculation of a bulk deal. The company’s share price was at Rs 2,100. According to reports, approximately 5.8 lakh shares, equivalent to around 3 per cent of the company’s equity and valued at Rs 116 crore, were traded at Rs 1,990 […]
Reliance Jio is relatively ahead of its peers in preparing for fixed wireless access (FWA) deployment because of its wider 5G coverage, availability of wider-spectrum bands including 700MHz, and improved fibre infrastructure, among others, said Emkay Global Financial Services in a report. Stating that Reliance Jio has already committed to a USD 25 billion investment […]
UrbanPiper , a SaaS platform for restaurants and food businesses, is set to acquire Ordermark’s U.S. business as company’s global expansion strategy., according to a press release. With this acquisition, UrbanPiper further solidifies its position as a global leader. The addition of Ordermark’s technology and business expertise will enhance UrbanPiper’s capabilities and accelerate its growth, […]
