The price of 24-carat gold saw a modest increase of Rs 110, reaching Rs 63,000 for ten grams, according to reports from the GoodReturns website. Meanwhile, the cost of silver also witnessed an uptick, climbing by Rs 1,000, with one kilogram now selling at Rs 78,500. For 22-carat gold, the rise was Rs 100, setting […]
Tipping Mr Pink, the parent company of the QSR brand, Burger Singh, has secured an undisclosed amount in a pre-Series B funding round, elevating its valuation to a robust USD 52 million. This funding round was led by Turner Morrison, with notable participation from Homage Ventures LLP – Office of Aditya Ghosh and a strong […]
Shiprocket, an ecommerce enablement platform has revealed comprehensive consumer and industry insights showcasing the ecommerce trends in 2023. Shiprocket’s analysis revealed that Personal Care emerged as the highest-selling category in 2023, closely followed by Apparel, footwear and Accessories. Together, these categories collectively accounted for a substantial 63 per cent of sales. According to the data, […]
Radhakishan Damani, the man behind D-Mart, has secured the top spot on the list of self-made entrepreneurs, according to a recent announcement by Hurun, Damani took the top spot with a market capitalisation of Rs 2,38,188 crore. “The company’s success can be attributed to its focus on efficient operations, low-cost business model, and strong customer […]
Fashion group SMCP, the owner of French fashion labels Sandro and Maje, announced on Thursday that it has entered into a deal with Reliance for expansion into India. The company will join other prestigious European brands in opening stores in the Jio World Plaza mall in Mumbai. According to SMCP CEO Isabelle Guichot, “There aren’t […]
The Dharampal Satyapal Group (DS Group), a multi-business corporation and an FMCG Conglomerate, launched Läderach’s online operations in Mumbai. With Läderach ‘s online presence, customers in Mumbai and Navi Mumbai will now have online access to Läderach’s extensive range of premium chocolate products, including FrischSchoggi, tablets, pralines, truffles, tablets and exquisite gift collections, the company’s […]
PVR INOX, the largest and premium cinema exhibitor in India on 13 November, opened 10 screens across 2 new multiplexes in Mumbai and Bhubaneswar. The new cinemas aim to expand the company’s presence in key markets and target new demographics. PVR INOX now has 345 screens in 76 properties in Western India and 138 screens […]
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. […]
The festival of Navratri has ushered in a remarkable surge in Mumbai’s real estate registrations, with the city recording 4,594 property registrations during the nine-day period from 15 October to 23 October 2023 according to a report by Knight Frank India. According to the report, this marks a substantial year-on-year (YoY) growth of 37.4 per […]
Non-metro cities’ Micro, Small, and Medium Enterprises (MSMEs) are surpassing their metro counterparts in Diwali sales this year, with an estimated ecommerce opportunity of a whopping USD 13 billion for Indian MSMEs during the festive season, according to a report by tech-enabled logistics platform and unicorn, Shiprocket. The report suggests that 10-15 per cent of […]
