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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 ...
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TFW Bureau Aug 01, 2024 - 2 min readCigarette 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 ...
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TFW Bureau Aug 01, 2024 - 2 min readThe 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 ...
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Beny Sachdeva Jul 31, 2024 - 1 min readKushal’s Fashion Jewellery is significantly expanding its retail footprint, now boasting over 90 stores in more than 30 cities, including Chennai, Mumbai, Pune, Hyderabad, Lucknow, Indore, Chandigarh, and Guwahati. Each store, averaging 900 square feet, is meticulously designed to offer a premium shopping experience. Talking about the future plans and vision, Company’s Official Spokesperson confirms, ...