RedTape Reports Strong Q2 Despite Margin Dip
RedTape reports solid Q2 results with strong profit and revenue growth, though margins narrow on higher costs; shares rise on positive sentiment.
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Food & Beverage.
Britannia CEO Varun Berry Exits, Rakshit Hargave Steps In
- by BW Retail World Bureau
- November 11, 2025
Britannia CEO Varun Berry resigns after a decade in leadership; Rakshit Hargave named successor as shares drop nearly 6 percent.
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Eternal Shares Hit Record High Despite Q1 Profit Crash
- by BW Retail World Bureau
- July 22, 2025
The stock jumps 8 per cent amid positive management commentary; Blinkit surpasses Zomato in revenue as quick commerce leads growth
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Yum Restaurants India Sells Entire 4.4% Stake In Devyani International
- by BW Retail World Bureau
- February 23, 2024
Yum Restaurants India sold its whole 4.4 per cent share in Devyani International on Wednesday for Rs 871 crore in an open market transaction. Devyani International, the Quick Service Restaurant (QSR) operator, is a franchisee of Yum Brands, which runs KFC, Pizza Hut, and Taco Bell in India. SBI Mutual Fund (MF), Axis MF, Franklin […]
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Will Zomato Continue To Ride Bullish Wave
- by Krishankant Chourasia
- February 22, 2024
The stock has generated more than 27 per cent returns year-to-date outperforming the benchmark indices Nifty and Sensex The e-commerce player Zomato has witnessed optimistic sentiments from investors after posting robust growth in recent quarters. Its stock has been riding a bullish wave in 2024, delivering more than a 27 per cent return year-to-date (YTD). […]
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Yum Restaurants To Exit Devyani International With Rs 815 Cr Block Deal
- by BW Retail World Bureau
- February 21, 2024
Yum Restaurants India is expected to exit quick service restaurant giant Devyani International by selling a 4.4 per cent interest in a block sale on Wednesday, according to media reports. Yum Restaurants expects to raise around Rs 815 crore from the deal, it said. The floor price for the sale has been set at Rs […]
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Whirlpool To Sell 24% Stake In Indian Unit For Up To $451 Mn
- by BW Retail World Bureau
- February 20, 2024
Appliance maker Whirlpool is selling a 24 per cent stake in its Indian unit this week for up to USD 451 million via stock market deals, according to a term sheet seen by Reuters, amid record stock markets in the country. Whirlpool plans to sell the stake at a price of Rs 1,230, a 7 […]
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What’s Up With Paytm Stock As RBI Repeals The Unicorn’s Horn?
- by Krishankant Chourasia
- February 14, 2024
The RBI has restricted Paytm Payment Banks from taking any further deposits or credit transactions which results in 55 per cent loss to the Paytm stocks One of the first unicorns of the Indian startup ecosystem, Paytm, which operates under the umbrella brand One97 Communication, was hit by an unexpected whip from the country’s central […]
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Jeff Bezos Sells $2 Billion Worth Of Amazon Shares
- by BW Retail World Bureau
- February 12, 2024
Amazon founder Jeff Bezos sold around 12 million shares of the online retail and cloud services firm for over USD 2 billion, according to a company filing on Friday, shortly after laying out a plan to sell his shares over the next year. The sale took place on Wednesday and Thursday, according to the fillings. Last week, Amazon […]
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Delhivery Reports Its First-ever Quarterly Profit Of Rs 11 Cr In Q3 Since Listing
- by BW Retail World Bureau
- February 3, 2024
Delhivery posted its first-ever quarterly profit since listing on Friday, helped by healthy demand for online shopping during the festive season. Consolidated profit for the three months ended 31 December was Rs 11.71 crore compared with a loss of Rs 196 crore a year earlier, the company said in an exchange filing. “We are satisfied […]