A surge in digital ordering and expanding customer base to propel the market to Rs 2.12 trillion, claims Bain & Company and Swiggy report India’s online food delivery market is on track to reach an impressive Rs 2.12 trillion by 2030, securing a 20 per cent share in the broader food services market, according to […]
Passenger vehicle sales in June dropped to 2,81,566 units, the lowest since September 2022, according to data from the Federation of Automobile Dealers Association Retail sales of cars in India fell by 6.8 per cent in June, marking its worst decline in almost two and half years, a dealers’ body said as reported by Reuters, […]
The latest openings in Old Bowenpally, Nagole and Nagaram in Hyderabad, Gerugambakkam in Chennai, Lucknow in Uttar Pradesh and Dehradun in Uttarakhand push EasyBuy’s store count beyond 150 nationwide EasyBuy continues its expansion across India with the addition of large format stores in various key locations. The latest openings in Old Bowenpally, Nagole and Nagaram […]
Supported by a hub-and-spoke distribution model, ITC has expanded its rural stockists network by 1.3 times over the last two years In rural markets, ITC has deployed market-specific strategies to enhance direct coverage based on socio-economic indicators and market potential. Supported by a hub-and-spoke distribution model, ITC has expanded its rural stockists network by 1.3 […]
The smartwatch is available with three colour straps, an Olive Green magnetic silicone strap, an Active Black silicone strap and a Black metal strap BoAt has introduced the boAt Lunar Oasis smartwatch, featuring a 1.43” AMOLED display, Bluetooth calling and real-time health monitoring. The smartwatch is equipped with a QR tray for quick scanning, on-board […]
Reliance will sell Shein’s products on its app and brick-and-mortar stores Reliance Retail Ventures is to re-introduce Chinese fast fashion label Shein in the Indian market in the coming weeks, selling the latter’s products on its app and brick-and-mortar stores according to media reports. The retail unit of Reliance Industries reportedly teamed up with the […]
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 […]
Operating margins for FMCG companies are projected to expand by 50-75 basis points to reach 20-21 per cent India’s fast-moving consumer goods (FMCG) sector is expected to experience revenue growth of 7 to 9 per cent in the fiscal year 2024, driven by increased sales volumes and a resurgence in rural markets, according to a […]
Launches ayurveda-inspired luxury skincare range offering facial cleanser, facial toner, facial serum and moisturizer Herbalife India unveils Vritilife outer nutrition range marking its entry into the Indian luxury skincare market. The newly introduced skincare range includes a facial cleanser, facial toner, facial serum and moisturizer. Developed at Herbalife’s dedicated centre of excellence in Bangalore, the […]
Opens second showroom at Leicester spanning over 2,000 square feet Malabar Gold and Diamonds unveiled its second showroom in the UK at Leicester. The new showroom was inaugurated by Peter Soulsby, City Mayor for Leicester in the presence of Shamlal Ahamed, MD-International Operations, Malabar Gold & Diamonds; Mohammed Ziad, Head of Operations – UK and […]
