Articles

Khadim India Q2 Results: Net Profit of Rs 6.48 cr

Opportunity India Desk Nov 12, 2021 - 1 min read

Khadim India, a footwear retailer, has reported a consolidated net profit of Rs 6.48 crore in the second quarter of the financial year 2021-22, the company said in a BSE filing. The company had reported a consolidated net loss of Rs 21.14 crore in a similar quarter last year. The company's consolidated total income grew ...

Share
Page Industries Q2 Results: Profit Up 45 pc to Rs 160 cr

Opportunity India Desk Nov 12, 2021 - 2 min read

Page Industries Ltd, an apparel Indian manufacturer, and retailer reported a 44.76 percent rise in net profit at Rs 160.48 crore for the second quarter ended September 30, 2021. The company had posted a net profit of Rs 110.86 crore during the July-September period a year ago, Page Industries Ltd (PIL) said in a BSE ...

Share
Wakefit Raises Rs 200 crin Series C Funding from SIG, Others

Opportunity India Desk Nov 12, 2021 - 2 min read

A home and sleep solutions company, Wakefit has raised Rs 200 crore in a Series C funding round from investors led by US-based SIG, a global trading and investment firm headquartered in Pennsylvania. The funding round in which existing investors Sequoia Capital India and Verlinvest also participated values the company at over Rs 2,800 crore, according ...

Share
Why Consumer Spending are Increasing For Essential And Non-essential Purchases

Opportunity India Desk Nov 12, 2021 - 2 min read

50 percent of families have increased spending on essential items, 18 percent of households increase in non-essential purchases. Overall household spending has increased for 63 percent of families in November, a surge of 7 percentage points from the previous month. With more people now venturing out for outdoor activities, the signs of health-related caution ...

Share
Global Luxury Sales Set To Outpace Pre-Covid Levels This Year

Opportunity India Desk Nov 12, 2021 - 2 min read

The global sales of personal luxury goods is expected to reach $327 billion this year, bouncing back from the crisis with a 4 percent increase, at constant exchange rates, compared to 2019, before the pandemic hit. The largest players in the industry like LVMH, Hermes and Kering have already recovered strongly from the health crisis, pushing ...

Share
How Restaurant owners are responding to vaccine mandate

Opportunity India Desk Nov 12, 2021 - 3 min read

Ever since the pandemic has hit the nation, restaurant business was hit the large. From being shut for the longest time to back in operations with several SOPs that were tough to be followed, restaurants faced the brunt at large. Once the restaurants were back in action, it was also mandated that the ...

Share
Why Exclusive Emphasis On Manufacturing Firms In MSME Sector Is Imperative To Transform Indian Economy

Opportunity India Desk Nov 11, 2021 - 5 min read

By Mr. Ronak Chiripal, CEO, Nandan Terry The Ministry of Micro Small and Medium Enterprises (MSME) manufacturing firms have been imperative to the growth of the Indian economy. These small to medium sized ventures have always contributed largely to the country’s Gross Domestic Product (GDP), hence contributing to different aspects of its ...

Share
Six Persistent Small Business Ideas to Make Money

Opportunity India Desk Nov 11, 2021 - 4 min read

Many people desire to build multimillion-dollar businesses. They look for opportunities by heart and soul but rarely take any action for business Ideas. However, they should understand that ideas are the foundation of every business. Ideas determine whether the business will work or not. Any business out there was once an idea. If the Idea ...

Share
DoorDash acquires food delivery platform Wolt

Opportunity India Desk Nov 11, 2021 - 2 min read

US-based food ordering and delivery platform DoorDash has acquired a minority stake in Helsinki-based food-tech brand Wolt Enterprises. As per the statement, both companies share a mission to build a global platform for local commerce that connects consumers with the best of their community, drives incremental revenue for merchants, and provides ...

Share
6 things to know before you take a bite of Sapphire Foods IPO

Opportunity India Desk Nov 11, 2021 - 3 min read

Sapphire Foods India Ltd that operates KFC, Pizza Hut and Taco Bell outlets has raised Rs 933 crore from anchor investors ahead of its IPO. The much awaited IPO will open for public subscription on Nov 9 and concludes on November 11. Here are top things to know before you take a bite into this: Allocating ...

Share