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Motovolt Launches Hyper One at Auto Expo 2025

Opportunity India Desk Jan 19, 2025 - 2 min read

Motovolt Mobility a leading innovator in the electric mobility sector, launched a new range of electric vehicles at the Auto Expo 2025, setting the stage for a new category aimed at tackling urban India’s most pressing mobility challenges. The vehicles are designed to address issues such as technology trade-offs, last-mile delivery inefficiencies, accessibility,...

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Havells Q3 revenue rises 10.8% to Rs 4,889 cr; net profit slips 3.5% to Rs 278 cr

TFW Bureau Jan 17, 2025 - 1 min read

Consumer electrical goods maker Havells India Ltd on Thursday reported a 3.45 per cent decline in consolidated net profit to Rs 277.96 crore for the third quarter ended December 2024. The company had posted a consolidated net profit of Rs 287.91 crore in the October-December quarter a year ago, according to a regulatory filing from...

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Reliance Retail Q3 result: Gross revenue up 8.7% to Rs 90,333 cr, profit up 10% to Rs 3,458 cr

TFW Bureau Jan 17, 2025 - 4 min read

Reliance Retail Venture Ltd. (RRVL) — the retail arm of billionaire Mukesh Ambani-led Reliance Industries — reported an 8.75 per cent increase in gross revenue to Rs 90,333 crore while its profit after tax (PAT) rose 10 per cent to Rs 3,458 crore for the December quarter, helped by pick-up in festive demand. The company...

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Soch Strengthens its Presence in Bengaluru with a new store in Electronic City

Beny Sachdeva Jan 17, 2025 - 1 min read

Soch, India’s leading evening and occasion wear brand has opened a new store in the city. This new launch reinforces the company's position as a retail leader in the city, strategically situated within the thriving hub of Electronic City at the M5 Ecity Mall. Since its inception in 2005 with its first store in Koramangala,...

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Velocity launches Shipfast to enable faster deliveries for D2C brands from their own websites

Beny Sachdeva Jan 17, 2025 - 3 min read

Velocity, one of India’s leading D2C enablers, has launched Shipfast, a solution designed to help Direct-to-Consumer (D2C) businesses offer faster deliveries through their own websites. With 4-hour, same-day, and next-day shipping options, Shipfast enables quicker order fulfillment while reducing operational overheads. The recent rise of quick commerce represents a significant shift in...

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Reliance Inks Franchise Deal with Saks Fifth Avenue for Indian Market

TFW Bureau Jan 17, 2025 - 2 min read

Country’s leading retailer Reliance Retail as part of its expansion into the luxury segment is introducing Saks Fifth Avenue, an American luxury department store chain to the Indian market. Its “premium brands business entered into India franchise arrangement for Saks Fifth Avenue,” said Reliance Industries in its earning statement on Thursday. Saks Fifth Avenue an...

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BPCL and Lubi Industries join forces to advance India EV infrastructure goals

Opportunity India Desk Jan 16, 2025 - 2 min read

Bharat Petroleum Corporation Limited (BPCL) has awarded a contract to Lubi Industries for the installation of 1,400 fast DC electric vehicle (EV) chargers across its retail outlets in India. Under the agreement, Lubi Industries will oversee the manufacturing, supply, installation, and commissioning of 60kW DC chargers. This initiative is part...

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India's restaurant industry shows signs of recovery; International brands will have edge: Report

TFW Bureau Jan 16, 2025 - 1 min read

The Indian restaurant industry is experiencing a significant recovery in growth, particularly highlighted by a surge in activity during December, according to a report from Macquarie Equity Research. This revival is sparked by climbing discretionary spending, changing demographics, and higher participation of women in the workforce. Trends like increased per capita income, smaller family units,...

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Euler Motors Aims for EV Expansion with Fresh Funding Boost

Opportunity India Desk Jan 16, 2025 - 2 min read

Electric commercial vehicle manufacturer Euler Motors has raised up to USD 20 million in debt funding from responsAbility Investments, a global impact asset manager focused on private market investments. The company plans to utilise the funds to advance next-generation technology for commercial EVs, improve vehicle efficiency, and bolster its after-sales and service...

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Gokul Kandhi Appointed as Chief Operating Officer of Curefoods

TFW Bureau Jan 16, 2025 - 2 min read

Curefoods, India’s leading F&B house of brands has promoted Gokul Kandhi as Chief Operating Officer (COO). Gokul will be instrumental in growing the company's varied portfolio of brands throughout India, advancing operational excellence, and guiding the strategic vision of the organization with this appointment. From the beginning of Curefoods' development, Gokul has been...

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