Medusa Beverages Enters GCC Markets, Expands Presence Across Saudi Arabia, UAE, Qatar
As part of this expansion, Medusa Beverages will introduce two of its flagship stock-keeping units (SKUs) including Medusa Premium and Medusa Air
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Maruti Suzuki Sets Ambitious Export Target, 300,000 Units For FY25
- by BW Retail World Bureau
- April 8, 2024
Maruti Suzuki India, following a successful fiscal year characterized by record exports, expresses confidence in surpassing 300,000 units in overseas shipments for FY25. A senior company official revealed that this accomplishment is part of a strategic scaling process aiming for up to 800,000 units by 2030. Aligned with this trajectory, Maruti Suzuki intends to introduce […]
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Arvind Signs MoU With Indian Navy For Technically Advanced Uniform Fabric Supply
- by BW Retail World Bureau
- January 12, 2024
A memorandum of understanding (MoU) was signed between the Indian Navy and textile and apparel company Arvind for the supply of technically advanced uniform fabric for the Navy. Taking to social media, the spokesperson for the Indian Navy posted on X, “MoU signed between Indian Navy and M/s Arvind Limited for supply of a technically […]
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FirstCry Files for IPO, Rs 1816 Cr Fundraising To Fuel Expansion, Acquisitions
- by BW Retail World Bureau
- December 29, 2023
Brainbees Solutions (FirstCry), a retail platform specialising in products for mothers, babies, and kids, has submitted its Draft Red Herring Prospectus (DRHP) to the Securities and Exchange Board of India (SEBI). The initial public offering (IPO) of the company includes a fresh issue of equity shares totaling up to Rs 18.16 million and an offer-for-sale […]
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Oil Prices Rise On Tight Supply Outlook As Russia Bans Fuel Exports
- by BW Retail World Bureau
- September 26, 2023
Investors are focusing on a tighter supply outlook as oil prices rose on Monday. This comes after Moscow issued a temporary ban on fuel exports while remaining cautious about further rate hikes that could dampen demand. Brent crude futures increased by 0.5 per cent, or 48 cents, to USD 93.75 a barrel by 0110 GMT […]
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FNP May Go Public By 2025, Amid Rapid Expansion
- by Amisha Sharma
- September 23, 2023
Ferns N Petals (FNP), the leading gifting brand in India, is considering the possibility of going public with an Initial Public Offering (IPO) by 2025, while also evaluating the prospect of securing additional funding in 2024, Vikaas Gutgutia, Founder & MD of the company told BW Retail World. “We are expanding,” said Gutgutia, “We probably […]
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India’s July Russian Oil Imports Drops; Saudi Imports Fall To Two-and-half-year Low
- by BW Retail World Bureau
- August 23, 2023
India’s July crude oil imports from Russia dipped for the first time in nine months, while inbound shipments from Saudi Arabia tumbled to their lowest in 2-1/2 years following OPEC+ cuts, tanker data from trade and industry sources showed. Both China and India, the world’s biggest and third-biggest oil importers, cut imports from Russia and […]
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Fluctuating Crude Prices: Potential Inflation Threat For Indian Consumers And Businesses
- by Amisha Sharma
- July 11, 2023
Saudi Arabia, the world’s largest crude oil exporter, has announced voluntary output cuts in crude oil in response to a tighter market induced by global central banks’ interest rate hikes and inflationary pressures. These cuts, initially set for this month, now have been extended to include August. Additionally, OPEC+ has agreed to further reduce production […]