profitability
Beauty Brands Companies Finance News

The Good Glamm Group Prioritises Profitability Ahead of IPO In 2 Years

The Good Glamm Group, eyeing an IPO in two years, is strategically prioritizing profitability by diversifying revenue streams and optimizing costs, according to Co-Founder Priyanka Gill. The content-to-commerce player, known for its omni-channel strategy and digital velocity, aims to capitalise on strong consumer sentiment and shopping intentions in the upcoming festive season. Currently experiencing over […]

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Brands Companies Food News

Licious Reduces Losses By 38% In FY23, Revenue Grows 9.5%

The omnichannel meat retailer, Licious, witnessed a notable reduction in its losses for the financial year concluding on 31 March 2023, marking a decrease of approximately 38 per cent to Rs 528.6 crore compared to Rs 855.7 crore the previous year. Concurrently, the company experienced a growth in revenues by 9.5 per cent, reaching Rs […]

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Companies News Retail

Paytm Reports Strong Growth In Merchant Payments & Credit Distribution

Paytm, India’s leading payments and financial services company and the pioneer of mobile and QR payments, on Wednesday announced its business operating performance for Q1FY24. The company has achieved a new milestone in merchant payments with 79 Lakh devices deployed while the Gross Merchandise Value (GMV) for the quarter (for three months ended June 2023) […]

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Brands Companies E-commerce & Marketplaces Interviews News

Snapdeal CEO Himanshu Chakrawati Confident of Profitability In FY24

In a recent interview with BW Retail World, Himanshu Chakrawati, the CEO of Snapdeal, shared some insightful views about the Indian market and the company’s strategies. He highlighted the diversity of the Indian market, noting, “Everybody says, India is one market, aspirations are the same, one India one market. Let me tell you it’s not […]

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Brands Companies Electronics News

Hyundai Motor To Boost EV Sales To 2 Mn Units By 2030

Hyundai Motor Company aims to boost its annual electric vehicle sales to 2 million units by 2030, against its earlier target of 1.87 million, in line with rising global demands. Considering that the proportion of global EV production is set to increase from 8 per cent this year to 34 per cent in 2030, the […]

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Companies News

Reliance Most Valuable Indian Company: Hurun 500 List

Reliance Industries is India’s most valuable company and is also the highest taxpayer and most profitable company, according to ‘2022 Burgundy Private Hurun India 500’ list. Burgundy Private, Axis Bank’s Private Banking Business and Hurun India have released the ‘2022 Burgundy Private Hurun India 500’. This is the second edition of the list, which ranks […]

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