The Board of Directors at rating agency Crisil Ltd declared an interim dividend of Rs 8 per share for the financial year ending December 2023, it informed exchanges through a stock filing. The decision was taken by its Board at its meeting held on Tuesday, where it also approved the unaudited financial results for the […]
Tanishq, a jewellery brand, migrates its inventory management system to Oracle Cloud Infrastructure (OCI), including Oracle Database, Oracle Application Express (APEX), Oracle Web Application Firewall, and OCI Flexible Load Balancing. With real-time visibility into inventory levels and order fulfilment, Tanishq is able to meet the influx of customer demand and reduce its technology support costs […]
Hindware Home Innovation Limited (HHIL), a consumer appliances company has named Salil Kapoor as its new chief executive officer (CEO), the company said in a press release on Monday. In his new role, Kapoor will lead the consumer business overseeing both consumer appliances and retail divisions. Additionally, he will be responsible for overseeing the water […]
Submarine Pens has introduced its new NASA-approved designs and merchandise range of premium writing instruments and assorted stationery gift sets. The collection features specially curated designs of pens and assorted stationary gift sets honouring the iconic milestones of triumphant human endeavours in the leadership of NASA and its commemorated space missions. The collectible pens and […]
Reliance Brands, a part of Reliance Industries’ retail arm Reliance Retail Ventures, is in talks to fully acquire Bollywood actor Alia Bhatt’s childwear brand Ed-a-Mamma for around Rs 300 crore to Rs 350 crore. As per the reports, the value of the actress’ brand is around INR 150 crore. However, Isha and Mukesh have proposed Rs 300–350 […]
Avenue Supermarts, which runs the retail chain DMart on Saturday reported a 2 per cent year-on-year (YoY) rise in its consolidated net profit at Rs 6,58.71 crore for the first quarter of the financial year 2023-24. Its standalone net profit rose 2.2 per cent at Rs.695 crore for Q1FY24, compared to Rs. 680 crore in […]
Deloitte Touche Tohmatsu India LLP and Capillary Technologies on Wednesday announced a strategic alliance to help companies increase customer loyalty, retention and engagement in India. According to the press note, the strategic alliance leverages Deloitte’s industry expertise and global networks along with Capillary’s AI-powered SaaS platform. Together, they intend to drive digital transformation and data-driven […]
The per plate cost of veg and non-veg thali in India, which has been on a decline since October 2022, nosed up in May and June 2023, according to Crisil Market Intelligence and Analytics report. Crisil’s monthly indicator of food plate cost said that soaring tomato, pulses, and staple grain prices have added pressure on […]
MyShubhLife, a finance platform, has joined hands with PayWorld, a fintech platform focusing on retail merchants across India. According to the press note, through its NBFC Ekagrata, MyShubhLife will provide PayWorld’s retailers with easy access to credit for their working capital needs. Through its embedded technology, MyShubhLife will leverage the vast retailer base of PayWorld […]
Apple is ramping up its efforts in India’s retail market to boost its revenue this year. The company aims to increase sales from the 200 or so franchisee-owned exclusive retail stores in India. To achieve this, Apple has introduced a global consumer promotion and student discount at its company-owned brick-and-mortar and online stores in India. […]
