Intense Competition Dents BigBasket’s Turnover In FY25
BigBasket’s business-to-consumer (B2C) unit, Innovative Retail Concepts’ fiscal year 2025 turnover dipped 3 per cent to Rs 7,673.44 crore
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Bata India Faces Rs 60.56 Cr Tax Notice Over GST Discrepancies
- by BW Retail World Bureau
- December 29, 2023
Footwear giant Bata India disclosed receiving a notice from the State Tax Officer, Anna Salai Assessment Circle, Chennai, stating a sum of Rs 60.56 crore. This notice, dated 27 December 2023, follows a final audit report issued on 25 December, concerning the 2018-19 financial year, as detailed in the filing to the bourses. The audit […]
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Asian Granito Stock Jumps 9% As Sanitaryware Plant Opens
- by BW Retail World Bureau
- December 26, 2023
Asian Granito’s stock surged nearly 9 per cent on 26 December, fueled by the launch of its sanitaryware manufacturing arm, AGL Sanitaryware. This marks the company’s big push into the bathroom market, leveraging its existing expertise in tiles. At 1.39 pm, shares of the company were trading nearly 6 per cent higher at Rs 75.85 […]