TFW Bureau

Online 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 ...

Metro 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 ...

Cigarette maker Godfrey Phillips India Ltd. recently said it is going ahead with plans to exit from the retail business operated under the ‘24Seven’ brand following the setting aside of an interim injunction on the move by a district court in the Capital. Earlier an injunction order was passed against hiving of the retail business ...

The initial share sale will open for public subscription on August 6 and close on August 8 and the bidding for the anchor portion will open for a day on August 5, the company announced. The public issue of Pune-based Brainbees Solutions consists of a fresh issue of equity shares valued at Rs 1,666 crore ...

Capterra, an online marketplace vendor, reveals that 51% of Indian shoppers prefer AI chatbots and quick response codes (QR) for livestream shopping. This is followed by AI-based recommendations (42%), voice recognition (41%), augmented reality and virtual reality (39%) and livestream shopping (38%), as per a survey by Capterra. Metaverse is the least ...

Aditya Birla Group launched the jewellery brand 'Indriya', announcing its entry into the Rs 6.7 lakh crore Indian jewellery market. Aditya Birla Group aims to be among the top three retailers in the jewellery segment in the next five years and has earmarked Rs 5,000 crore for setting up a retail network for the jewellery ...