Reliance Consumer Products (RCPL) has announced its foray into the western snacks category with the launch of Alan’s Bugles in India. RCPL is the FMCG arm and a wholly-owned subsidiary of Reliance Retail Ventures Limited (RRVL). With this, consumers in India will be able to purchase Bugles products. The international corn chips snacks brand with […]
India and the Central American Integration System (SICA) are in the final stages of negotiating the free trade agreement (FTA), said Omar Lisandro Castaneda Solares, Guatemala’s Ambassador to India on Thursday. “We are at the final stage of negotiating this agreement and I expect this to be implemented in the coming months, even before the […]
In an exclusive conversation with BW Retail World, Vikesh Shah, the founder and CEO of QSR chain 99 Pancakes revealed the company’s expansion plans, revenue targets and some other exciting details of the brand. After establishing its presence in Australia, 99 Pancakes is considering expanding its chain in the country as the company is pleased […]
After the acquisition of a controlling stake in Lotus Chocolate Company (LOTUS) on 29 December 2022, Reliance Consumer Products (RCPL), the FMCG arm and a wholly-owned subsidiary of Reliance Retail Ventures (RRVL) has completed the acquisition of a 51 per cent controlling stake in LOTUS for an aggregate consideration of Rs 74 crore. Subscribed to […]
Reliance Retail and Jio are best-positioned players in the largest and fastest-growing e-commerce market in the long term, according to brokerage Berstein. In a report ‘The Long View: India eCommerce – A 150 bn dollar market. Three players. One Disruptive Playbook’, the brokerage said that Reliance Retail and Jio have several advantages including “home field […]
Hammer, a consumer tech brand announced the launch of three earbuds and an innovative smartwatch. These additions to the catalog are designed to elevate the audio experience and redefine interaction with technology. Rohit Nandwani, Founder and COO of HAMMER, stated that “We are thrilled to introduce these groundbreaking products to our valued customers. Our team […]
Reliance Retail has generated net new employment opportunities for 2,500 individuals in January 2023 alone, according to media sources. However, market sources indicate that 567 people have resigned on performance grounds and are currently serving their notice periods since April 2023. Market sources argue that emphasising the 567 performance-based exits, which account for less than […]
FNP (Ferns N Petals) India’s gifting brand has announced the appointment of Shwetabh Mishra as the Deputy General Manager – Supply Chain Management. Shwetabh who will be leading the Supply Chain brings to FNP years of leadership knowledge in operations planning and a wealth of experience in managing complex logistics networks and optimizing supply chain […]
App-based ride services provider Uber on Wednesday announced a slew of partnerships to electrify its services in India for transition to sustainable mobility. It will deploy 25,000 electric vehicles across Uber’s top seven cities with support from its fleet partners. As part of the sustainability push, the mobility major announced the rollout of Uber Green […]
Xiaomi Corp reported a 18.9 per cent drop in quarterly revenue on Wednesday as consumer demand for smartphones remained weak even as the economy recovered from the COVID-19 pandemic. Sales in the first quarter of 2023 reached 59.5 billion yuan, down from 73.35 billion yuan in the same quarter a year earlier, roughly in line […]
