Day: October 19, 2024
Zomato board to consider raising funds via QIP on Tuesday
In a regulatory filing, the company informed that a meeting of the board of directors is scheduled to be held on Tuesday, October 22, 2024 New Delhi: Food delivery platform Zomato on Thursday said its board will consider fundraising through qualified…
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Nestle to expand Cerelac with launch of ‘no refined sugar’ variants
The announcement is important as Nestle India, part of Swiss multinational Nestle SA, recently faced criticism for having added sugar in Cerelac New Delhi: FMCG major Nestle India on Thursday said it will soon launch variants “with no refined s…
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Vishal Mega Mart files updated IPO papers with Sebi; eyes Rs 8,000-cr
The proposed IPO will be entirely an offer-for-sale (OFS) of shares by promoter Samayat Services LLP, with no fresh issue of equity shares, according to the Updated Draft Red Herring Prospectus (UDRHP) New Delhi: Supermart major Vishal Mega Mart on T…
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Walmart expands snack sourcing from India for US market
Bentonville-based retail giant Walmart has also set a goal of sourcing goods worth $10 billion from India annually by 2027 New Delhi: US retail major Walmart on Thursday said it is increasing its food and snack products sourcing by adding new popular…
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Malabar Group announces Rs 42 cr investment for its FEC brand Playaza
Playaza plans to enter other south indian cities mainly Bengaluru, Chennai, Coimbatore and Hyderabad with a projected investment of Rs 60 crores for the next financial year New Delhi: Retail Conglomerate Malabar Group’s family entertainment division…
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Nexus Select Trust set to acquire Bengaluru’s Vega City Mall
The company is also in talks to buy South City Mall Kolkata and L& T Metro Malls Hyderabad. New Delhi: Nexus Select Trust, India’s first publicly listed retail real estate investment trust (REIT), is set to acquire Vega City Mall in Bengaluru, th…
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Digital Icon : Paritosh Bindra
Paritosh Bindra brings with him 24 years of dedicated experience in the expansion and development of retail, e-commerce, and TV shopping enterprises across diverse sectors including hypermarkets, home lifestyle, grocery, and apparel. His illustrious…
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How retail is benefiting from Data Science
The advantages of data science in retail cannot be underestimated for gaining insights into consumer behaviour for implementing dynamic, robust and responsive strategies The retail industry contributes significantly to the global economy. In 2023, t…
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MSMEs continue to recover post-pandemic, over 50% businesses record 10% YoY growth in sales: Report
As per the report, the trend of sales recovery is continuing strongly across sectors, indicating that the pandemic is fading into the past Bengaluru: Micro, small and medium enterprises (MSMEs) continue to recover post-pandemic, with over 50% of of b…
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Ashneer Grover withdraws oppression and mismanagement plea against BharatPe management
The withdrawal of the plea from the NCLT’s Delhi bench came after Grover settled with the company on September 30, 2024 New Delhi: Ashneer Grover, co-founder and former managing director of BharatPe, withdrew his plea from the National Company…
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AWG Names John Cosentino To Its Board of Directors
The co-op’s newest board member is vice president of regional grocer Cosentino Foods Stores.
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Bath & Body Works Upgrades Mobile App
The specialty retailer said the new features will streamline the shopping process for consumers.
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Aldi Adds Four New Stores
The grocer’s newest locations are in Florida, Connecticut, California, and Missouri.
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CVS Health Names New President/CEO
David Joyner has been named to the drug store chain’s top spot, replacing Karen Lynch.
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Hy-Vee President Donna Tweeten To Retire
The first woman to serve as the grocer’s president will officially call it a career In January 2025.
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Kaspi.kz объявил о приобретении турецкого маркетплейса Hepsiburada
Казахстанская финтех-компания Kaspi.kz договорился о покупке 65% акций Hepsiburada с Ханзаде Доган, основательницей и контролирующим акционером компании. Об этом сообщила пресс-служба компании.
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Товары с зарубежных маркетплейсов хотят обложить НДС
С таким предложением выступил Минфин, сообщает «Ъ».
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Жители РФ больше всего потратили денег на новые машины Lada и Geely
За 9 месяцев 2024 года на покупку новых легковых машин жители России потратили 3,6 трлн рублей, выяснили аналитики агентства «Автостат».
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Россельхознадзор временно ограничит ввоз бутонов и срезанных цветов из Казахстана
Россельхознадзор вводит с 21 октября временные ограничения на импорт бутонов и срезанных цветов из Казахстана из-за несоответствия российским стандартам фитосанитарных сертификатов. Об этом сообщила пресс-служба ведомства.
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Спрос на товары для квадроберов на Wildberries вырос на 4800%
Продажи приобрели массовый характер в мае этого года, сообщает РБК.
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