Page 31 - Sharleen Dsouza

Reliance Retail Ventures in talks with investors to raise another $2.5 bn

According to a Reuters report, the company intends to raise $2.5 billion, which is part of a combined target of $3.5 billion, and plans to complete this exercise by the end of the quarter

India's record dry August may push domestic FMCG sector in slow lane

Rural demand had just started to move back into positive territory after being under pressure for over a year

RIL AGM 2023: Reliance pumped $10 billion into retail biz in two years

Global investors showing new interest in Reliance Retail: Mukesh Ambani

OnePlus, Realme plans to exit Indian television market: Here's why

A report by Counterpoint Research on the Indian television market released in April revealed that Xiaomi remains the market leader in 2022, holding an 11% market share

US Polo Assn. anticipates 10-15% growth, on track to become Rs 2k cr brand

The store will not only have apparel but also footwear as well as it looks to provide an entire experience to customers

From hatchbacks to holidays, consumers ready to loosen purse strings

Consumer goods firms expect 40-50% growth in premium segment; hospitality industry expects heightened activity in coming weeks

Rel Retail aims to raise Rs 3K cr via InvIt for warehouse, logistics biz

The trust's portfolio consists of over 60 warehouses across major cities such as Delhi, Mumbai, and Bengaluru

QIA to invest Rs 8,278 cr in Reliance Retail Ventures for 0.99% stake

Retail arm of Reliance Industries valued at pre-money equity value of Rs 8.28 trn

Titan plans to take on partial debt to fund Caratlane's acquisition

The company also expects regulatory approvals in the next two months

Colgate exploring options to bring products from global portfolio to India

Colgate Palmolive India is also looking at acquisitions in the personal care segment and is looking at not only direct-to-consumer companies but also legacy companies to acquire

All eyes on rural recovery and volume growth in FMCG post Q1 results

Second half of the year will be closely watched, say brokerages

Retailers in the 'festival' mood after hit Independence Day weekend

Lifestyle recorded positive same-store sales growth during the Independence Day weekend, which the retailer did not anticipate, given a lacklustre EOSS

Uniqlo India sees 15% of its sales come from online channels: CEO

Expands to West India after opening 10 stores in North

Independence Day sales: E-tailers are all smiles after 23% surge in orders

Customers explored offers on millions of products and shop from a wide selection

HUL's Shikhar user interface made seamless as popular social media apps

Apart from making the B2B app user-friendly for retailers, the FMCG major is looking to expand Samadhan, which cuts delivery time to just a day

Rural sales witness a bounce back in July, but cities disappoint: Bizom

Month-on-month sales growth numbers for July were lower mainly on account of a significant drop in beverage sales

Britannia began price cuts in April-June as commodity prices softened

The company continues to expand its rural distribution and now has 28,000 rural distributors onboard

Reliance Retail crossed 1 bn transaction mark in FY23, to ramp up FMCG biz

In the previous financial year, it forayed into the FMCG and beauty businesses

Televisions likely to get costlier by up to 10% as open cell prices rise

The cost of open cells has seen an average increase of between 3 and 20%, and is higher for larger screen TVs in July, according to manufacturers of televisions

Britannia Industries' net profit up 35.6% as margins expanded in Q1

The maker of Good Day and Marie Gold biscuits saw its PBIDT at Rs 745.8 crore. It was down 13.4 per cent on a quarter-on-quarter basis