Deepinder Goyal, CEO of Zomato, announced on Monday that the firm was looking to employ 800 individuals for positions such as growth managers, software development engineers, and even chiefs of staff to the CEOs of Zomato, Hyperpure, and Blinkit. “We have roughly 800 vacancies vacant across these five roles at Zomato,” Goyal said on LinkedIn. […]
Reliance Retail’s e-commerce affiliate JioMart has increased its active client base on Whatsapp by 37 per cent month on month. It further stated that the number of orders on JioMart on Whatsapp has surged ninefold since its inception, according to the company’s quarterly report, Jiomart and Whatsapp announced the integration of the online shopping platform […]
Salzer Electronics, a capital goods engineering company offering total and customised electrical solutions has commenced a new manufacturing facility at Hosur, Tamil Nadu at an initial investment cost of Rs 15 crore in order to expand the capacity of high demand products like Wire Harness and Toroidal Transformers initially, the company said in its regulatory […]
PVR announced a total net profit of Rs 16.15 crore for the third quarter ended December 31, 2022, aided by increases in key performance parameters. According to a regulatory filing, the business incurred a combined loss of Rs 10.18 crore a year earlier. Its consolidated income from operations increased by 53.17 percent in the third […]
WOW Skin Science, a D2C and personal care business, has joined the Open Network for Digital Commerce (ONDC), a government project to democratise e-commerce in India, the firm stated in a press statement on Tuesday. WOW Skin Science co-founder Manish Chowdhary commented on the announcement, saying, “For a company that has been on an expansion […]
Smart Bazaar, Reliance Retail’s big format supermarket, has opened a shop in Gudur at PSR Mall. The store offers a one-stop shopping experience by bringing together a diverse selection of items under one roof, including groceries, fruits and vegetables, dairy, kitchenware, homeware, fashion, and consumer electronics. Smart Bazaar, which spans 15,000 square feet of retail […]
The Mumbai bench of the National Company Law Tribunal (NCLT) approved the merger of multiplex operators PVR and INOX on Thursday. “We are pleased to inform you that the NCLT, Mumbai Bench, has approved the Proposed Scheme today, January 12, 2023. The Company is awaiting a copy of the detailed order, which will be disclosed […]
BigBasket’s move into offline retail is intended to bridge the gap between offline and online experiences, as well as support its ambitious expansion plans amid rising competition in grocery retail, according to data and analytics firm GlobalData. The move comes at a time when consumers in India continue to prefer offline grocery stores. According to […]
Tata Group is on the point of acquiring a significant plant in southern India, creating the country’s first homegrown iPhone manufacturer. According to two people familiar with the process, the airline-to-software conglomerate has been in talks with the factory’s owner, Taiwan’s Wistron, for months and hopes to complete the purchase by the end of March. […]
Godrej Consumer Products reported higher third-quarter sales growth and profit margins on Thursday, citing strong demand for its home and personal care products as well as a drop in input costs. Godrej Consumer Products reported slow growth in the FMCG sector in the December quarter, owing to poor rural consumption and a post-holiday slowdown. The […]
