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Lighthouse Advisors divests 2% stake in V2 Retail for INR 85 Cr; Motilal Oswal Mutual Fund acquires shares
Private equity firm Lighthouse Advisors has divested a 2 per cent stake in value retail chain V2 Retail for͏͏ INR͏͏ 85͏͏ crore͏͏ through͏͏ an͏͏...
Pakka launches new range of compostable flexible packaging solutions for FMCG industry
Pakka, a maker of compostable packaging solutions, has introduced a new line of flexible compostable packaging. This͏͏ innovative͏͏ range͏͏ aims͏͏ to͏͏ meet͏͏ the͏͏ rising͏͏...
Ospree expands duty-free operations at Mangaluru International Airport
Ospree͏͏ Duty͏͏ Free͏͏ has͏͏ launched͏͏ its͏͏ newly͏͏ expanded͏͏ arrival͏͏ store͏͏ at͏͏ Mangaluru͏͏ International͏͏ Airport͏͏ in͏͏ Karnataka,͏͏ marking͏͏ a͏͏ significant͏͏ advancement͏͏ in͏͏ India's͏͏ retail͏͏ sector.͏͏...
Bigbasket partners with 30,000 farmers to offer affordable organic produce
Bigbasket, an omnichannel grocery delivery firm, has teamed up with more than 30,000 farmers to provide organically grown fruits, vegetables, and staples at͏͏ prices͏͏...
Oman India Joint Investment Fund sells shares in Senco Gold for over INR 75 Cr; ICICI Prudential Life acquires stake
Oman India Joint Investment Fund's arm sold shares of jewellery retail giant Senco Gold for over INR 75 crore in an open market transaction...
OYO expects EBITDA to cross INR 2,000 Cr in FY26 with Motel 6 acquisition
OYO, the IPO-bound travel tech platform, expects its EBITDA to hit INR 2,000 crore in 2025-26, largely driven by the American budget hotel chain...
Export of gems and jewellery falls over 18% in August due to global consumption slowdown
The exports of gems and jewellery from India in August declined by 18.79% to USD 2,012.51 million,͏͏ compared͏͏ to͏͏ USD͏͏ 2,478.23͏͏ million͏͏ in͏͏ the͏͏...
Unicommerce strengthens sales and marketing teams with new senior directors
Enterprise tech startup Unicommerce has bolstered͏͏ its͏͏ leadership͏͏ team͏͏ with͏͏ two͏͏ new͏͏ appointments͏͏ to͏͏ accelerate͏͏ growth͏͏ in͏͏ the͏͏ e-commerce͏͏ enablement͏͏ sector.The͏͏ company͏͏ has͏͏ enlisted͏͏...
Retail sales grow 2% YoY in August 2024: RAI Survey
Retail sales in August 2024 recorded a moderate increase of 2% compared to the same period in August 2023, according to the latest edition...
Arvind Fashions plans aggressive expansion for US Polo Assn in India, targeting INR 5,000 Cr in sales
Arvind Fashions Ltd aims to aggressively expand its casual lifestyle wear brand, US Polo Assn., in India,͏͏ prioritising͏͏ store͏͏ expansion͏͏ and͏͏ marketing͏͏ investments.͏͏ As͏͏...
Amrut unveils world’s first 100% jaggery distilled single rum ‘Bella’
Amrut Distilleries, a leading player in the spirits industry, has unveiled Bella, the world’s first 100% jaggery-distilled and matured single rum. Made͏͏ from͏͏ nutrient-rich͏͏...
ITC Sunfeast Baked Creations expands with first cafe in Bangalore
ITC Sunfeast Baked Creations, known for its success in the food delivery market with its popular Croissants and Pull-Apart Bagels, has introduced its first...