Apple’s CEO Tim Cook said that the company posted USD 89.5 billion in quarterly revenue, with India standing out as a key contributor. During the July-September quarter, Apple experienced robust double-digit growth in India, coinciding with the launch of its new iPhone 15 series. Tim Cook said that Apple had achieved an all-time revenue record […]
Shares of Honasa Consumer, which owns the brand Mamaearth, were fully subscribed on Day 3 of its initial public offering. Data showed the company’s public issue has so far been subscribed over 7 times, with retail investors at 1.13 times, non-institutional buyers 3.94 times, and qualified institutions at 11.50 times. The public issue of the […]
More than 80 per cent of Indian retailers do not see ecommerce as a threat, finds the NeoInsights study – ‘Click & Mortar: The Evolution of India’s Retail Ecosystem’. The study, covering around 3,000 Indian retailers and shoppers across more than 25 top cities in India, has analysed how physical and online retail experiences complement […]
In the midst of the festive light and joy, Bharat consumers’ festive shopping is in full swing, to know what’s on their shopping list this season. The Bharat Lab has conducted an in-depth analysis by engaging with 1027 consumers (526 male, 501 female) in the heartland of Hindi, primarily Uttar Pradesh. This survey spans across […]
The union government’s decision to impose a Minimum Export Price (MEP) of USD 800/ton on Onion with effect from 29 October 2023 till 31 December 2023 recorded a decline of 5 per cent to 9 per cent from the highest price registered during the last week. The weighted average price of Onion in Maharashtra across […]
Reliance Industries unveils the grand opening of Jio World Plaza (JWP), setting new standards for top-end retail and entertainment experiences in India. According to a press release by Reliance Jio, located strategically in the bustling Bandra-Kurla Complex (BKC) at the heart of Mumbai, Jio World Plaza opened its doors to the public on 1 November. […]
In an era marked by rapid technological advancement and digital transformation, even street vendors can harness the power of the digital revolution to expand their customer base and improve their businesses. Traditionally, street vendors have relied on foot traffic and local word-of-mouth to attract customers. However, by embracing digital tools and strategies, they can significantly […]
Buyers have expressed concern over the rising onion prices in several parts of the country and urged the government to take additional steps to bring it down. The price of onion has touched Rs 80 per kg in Mumbai. The government recently imposed Minimum Export Price for onions and procurement of additional 2 lakh tonnes […]
Ice cream is a sweet treat that we all enjoy especially during the summers, as even a single scoop feels like a bowl of heaven to beat the heatwaves. Most of the ice cream brands have reported good sales because of the high demand during summer. However, as winter approaches with the advent of the […]
India, home to over 1.4 billion people, has one of the fastest-growing retail sectors in the world. As of FY22, India’s retail sector was estimated to be a whopping USD 836 billion, according to a joint report by Unicommerce and Wazir Advisors. Over the years, India’s retail sector has seen remarkable growth and transformation. This […]
