Monday, October 25, 2021

1:21 PM

Reliance is banking on JioMart to drive sales of new phone

Reliance Retail will also provide after-sales services, EMI and finance options for JioPhone Next.The phone, which was to be launched on 10 September, is delayed due to the industry-wide,...
1:00 PM

PLI tweaks to push textile exports, $65b target realistic: CII-Kearney

"Reaching $100 billion in five years will be a very steep goal. Hence, India could emulate the best-in-class exports growth seen over the past 10 years (9-10% by Vietnam in 2011-2015)...
12:58 PM

FSSAI should notify 'Front of Pack Labelling' regulations: Experts

At a webinar organised by Citizen Consumer and Civic Action Group in association with Women's Christian College, Chennai, and later to the media, experts said that the Food Safety...
12:57 PM

Keventers on expansion drive; targets system turnover of Rs 700 cr by 2025-26

The vintage brand was revived in 2015 by three individuals Agastya Dalmia, Aman Arora and Sohrab Sitaram, having undergone changes in ownership in its history since it was founded...
12:56 PM
 Pen in pain: Pen associations write to government over GST rate increaseIndustry trackers say that the low cost pens have high price elasticity and slightest increase in the...
12:54 PM
 Panasonic hopeful of robust festive sales, to invest Rs 300 crore under PLI scheme"We have seen a growth of 18 per cent in June-September quarter 2021 versus last year and we...
12:50 PM

A matchbox to cost Rs 2 from Dec 1, price revision after 14 years

Manufacturers pointed out that most of the 14 raw materials used are much costlier now. Red phosphorus now comes at Rs 810 instead of Rs 425 and wax at Rs 80 instead of Rs 58. Prices...

Friday, October 22, 2021

10:54 AM

Amazon to now tell 3rd-party sellers which products will be popular

Amazon said it is testing the 'Product Opportunity Explorer' feature in a beta programme through the end of the year and will expand the tool to all sellers throughout 2022.San Francisco:...
10:52 AM

Indiamart Q2 net profit rises 18% to Rs 82 crore

The company had registered a net profit of Rs 70 crore in the corresponding period a year ago.New Delhi: B2B e-commerce firm Indiamart Intermesh on Thursday posted an 18 per cent increase...
10:50 AM

India's textiles sector poised to achieve $100 billion exports: Jardosh

The government has already announced the MITRA (Mega Integrated Textile Region and Apparel) scheme to attract new investments and build mega textile parks in the country. Other significant...
10:36 AM

Rebel Foods ties up with Foodpanda for expansion into Southeast Asia

Rebel Foods, as part of its Foodpanda deal, will take its home brands — Faasos, Behrouz Biryani, Lunchbox, etc. — to Asian markets such as Singapore, Malaysia, Bangladesh, Thailand,...
10:34 AM

Aditya Birla Group to set up Rs 1,000 cr paint hub in Bengal

The ABG investment in paints is likely to be done through Grasim, whose board of directors earlier this year had approved a foray into the sector at a capital expenditure of Rs 5,000...
10:33 AM

Amazon files another petition in SC against NCLT order on Future Retail

The latest petition is filed on a day when the Singapore International Arbitration Centre (SIAC) had dismissed a January petition by Future Retail to exclude itself as a party to the...
10:32 AM
 Paytm weighs scrapping pre-IPO sale plan on valuation differencesA final decision hasn’t been made and Paytm could still consider a pre-IPO sale potentially at a lower valuation....
10:30 AM

Nykaa sets IPO launch date, seeks valuation of $7.4 billion

The Nykaa IPO will launch on October 28 to raise as much as Rs 5,200 crore at a valuation of $7.4 billion. It includes a primary issue worth as much as Rs 630 crore and an OFS of 43.11...
10:29 AM

SIAC rejects Future’s plea to allow RIL deal

Amazon claimed the investment gave it an indirect stake in the flagship Future Group company, which operates supermarket chain Big Bazaar, as FCPL owned around 10% stake in FRL.SIAC...
10:27 AM

Google in talks to back social commerce startup Meesho

 Google in talks to back social commerce startup MeeshoThe investment is part of Meesho's recent financing round and values the Bengaluru-based company at $4.9 billion.Meesho...

Thursday, October 21, 2021

6:35 PM

India is on the cusp of a virtuous cycle, says Morgan Stanley

 Increasing capex ratios in India will lift employment prospects, boosting income and consumption growth to create a virtuous cycle, broking firm Morgan Stanley said. India’s...
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