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TFW Bureau Aug 07 2024 - 1 min readE-commerce giant Flipkart has entered the quick-commerce race with a service called Minutes. The launch of this service pegs Flipkart in direct competition with firms such as Zepto, Swiggy’s Instamart, and Zomato’s Blinkit. Flipkart had been planning to enter the 10-minute delivery service space for the past few months and has finally done so as ...
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TFW Bureau Aug 06 2024 - 1 min readAmerican fast-food chain McDonald’s has announced the opening of its new outlet in Lucknow. The announcement was made on the brand’s social media page. The new outlet is located on the Rae Bareilly Road in Lucknow. The brand said in the post, “We are pleased to announce the opening of our newest McDonald’s restaurant in ...
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TFW Bureau Aug 06 2024 - 3 min readAfter the success of its franchise business of multi brand supplement store, Muscle & Strength India, one of the country’s leading retailers of fitness supplements & nutritional products has entered exclusive distributorship of renowned international supplement brands in India such as JNX Sport, Ryse Supplements, DY Nutrition, Unmatched Supplements, Universal Nutrition, VMI Sports, DarkLabs, Hawk ...
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TFW Bureau Aug 05 2024 - 2 min readLeading jewellery retailer and watchmaker Titan reported a 5.42 per cent decline in its consolidated net profit to Rs 715 crore for the quarter ended on June 2024. The company posted a net profit of Rs 756 crore in the April-June quarter a year ago. However, its sales were up 12.64 per cent to Rs ...
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TFW Bureau Aug 02 2024 - 2 min readOnline food delivery majorZomato-controlled Blinkit achieved impressive financial performance in the first quarter of the fiscal year 2025, as per reports. Blinkit’s revenue increased significantly by 22% quarter-on-quarter, reaching Rs 942 crore. Furthermore, the Gross Order Value (GOV) experienced substantial growth, rising by 130% year-on-year and 22% quarter-on-quarter to Rs 4,923 crore. Zomato had ...
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TFW Bureau Aug 02 2024 - 1 min readMetro Brands, India’s footwear retailer, announces the appointment of Mohit Dhanjal as chief operating officer (COO), effective on August 1, 2024. Dhanjal brings a wealth of retail experience and a proven track record of leading strategic growth in the sector. In his new role, Mohit Dhanjal will be responsible for driving operational excellence and process ...