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The Rs 1,100 crore initial share sale received bids for 3,38,86,720 shares against 1,68,85,964 shares on offer, translating into 2.01 times subscription, according to the NSE data. The portion for non-institutional investors got booked 3.26 times and the quota for Retail Individual Investors (RIIs) received 2.61 times subscription. The Qualified Institutional Buyers (QIBs) part got ...

Aditya Birla Group’s jewellery brand, Indriya, has opened its third store in New Delhi, marking its eighth store launch since its introduction in July. The new outlet in Rajouri Garden is part of the brand's broader strategy to expand its presence in India's thriving jewellery market, further enhancing its consumer reach and leveraging the group's brand ...

On the onset of the festive season, fine jewellery brand CaratLane has announced the opening of two new outlets in the eastern part of the country. The announcement was made by company executives on social media. The two stores include CaratLane’s first ever store in Arunachal Pradesh. Located in the heart of Itanagar, ...

The world’s most Instagrammable café, EL&N Café, is set to make its debut in India on October 17 at the Jio World Plaza in Bandra-Kurla Complex (BKC), Mumbai, as premium café chains tap into the country’s growing base of affluent consumers. EL&N, which stands for Eat, Live & Nourish Café, was launched in 2017 by ...

The Indian e-commerce landscape is undergoing a transformative evolution, with Deloitte’s latest report forecasting a monumental growth trajectory. The projection of reaching $325 billion by 2030 represents not just a number, but a fundamental shift in how India conducts commerce. This 21% Compound Annual Growth Rate (CAGR) signifies a digital revolution that’s reshaping the retail ecosystem.

Jewellery retailer Kalyan Jewellers on Monday said its revenue from India operations witnessed an year-on-year growth of around 39% during the second quarter of 2024-25, led by robust footfalls across markets with a healthy same-store-sales-growth. "Our India operations witnessed revenue growth of approximately 39% during the second quarter of fiscal 2025, compared to the same ...