Titan Company on Saturday has said that it will pay a total of Rs 4,621 crore for a further 27.1 per cent share in CaratLane. After the transaction is complete, Titan will own 98.28 per cent of the shares in CaratLane, a private firm that produces and sells jewellery. Titan made its initial investment in […]
Bata India is in talks with Adidas for a strategic partnership that could likely boost the German sportswear maker’s presence in the South Asian country, CNBC-TV18 reported on Thursday. Bata India’s shares ended 5.3 per cent higher, logging their best day since April 2020. Shares rose as much as 7.3 per cent earlier in the […]
The Index of Industrial Production (IIP) for India registered a decline in growth in June 2023, with the manufacturing sector particularly affected. The IIP growth, measured through the Index of Industrial Production, dropped to 3.7 per cent in June 2023, marking a three-month low. This decline contrasts with the substantial growth of 12.6 per cent […]
Wearable devices market in India saw a robust 53.3 per cent yearly growth in the first half of 2023, with shipping of 57.8 million units, according to data released by International Data Corporation (IDC). International Data Corporation (IDC) is a global market intelligence and advisory services provider. During the quarter of 2023, 32.8 million wearables […]
Wonderchef, a cookware and premium kitchen appliance company, has opened its 26th exclusive store in India in Mumbai Malad. With the vision of reaching out to more customers and offering them exceptional kitchen solutions, Wonderchef aims to open 50 exclusive stores across India by 2025. Additionally, the Company has a strong presence in about 15,000 […]
Adani Ports and Special Economic Zone, an Adani group firm, on Tuesday, reported a consolidated net profit of Rs 2,114.72 crore for the quarter that ended June 2023, which is 83 per cent higher compared with Rs 1,158.28 crore in the same quarter last year. Revenue from operations rose 23.51 per cent year-on-year (YoY) to […]
India has exported a total of 1,240.6 million dollar Ayush and Herbal products in last two years (2021-2022 to 2022-23), the Central government told the Rajya Sabha on Tuesday. A total of 612.1 million dollar Ayush and Herbal products were exported in 2021-2022 while 628.25 million dollar Ayush and Herbal products were exported in 2022-2023, […]
In the global market, ecommerce sales for alcohol typically make up about 2 to 3 per cent. China being one of the leads and has reached around 10 per cent, showcasing significant growth. However, in India, ecommerce for alcohol is still very far from it, said Atul Kumar Singh, Co-Founder & MD, Lone Wolf in […]
Flipkart, the ecommerce marketplace, joins hands with the government of Gujarat on National Handloom Day through a Memorandum of Understanding (MoU) with the Commissioner of Cottage & Rural Industries, Government of Gujarat, under the Flipkart Samarth program. The MoU aims to digitize local businesses that focus on the development of the crafts in every district […]
Zomato shares rose sharply for the second straight day after the company reported its first-ever quarterly profit. Shares of the food aggregator and delivery company Zomato soared 10 per cent on Friday and about 5 per cent today. At the time of writing this report, Zomato shares were trading 5 per cent higher at Rs […]
