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PATEL RETAIL EXPANSION
Contactless card payments on the rise as Indian shoppers swipe less, tap moreIndian shoppers are increasingly opting for contactless 'tap-and-pay' card transactions, with estimates suggesting they now account for up ...- Ice Make targets Rs 850 cr revenue in FY27, sees new businesses boosting scaleThe company reported record revenue in FY26. Investments impacted profitability, but operating leverage should improve. An order book of Rs...
- Monika Alcobev FY26 revenue up 39% to Rs 310.36cr, Q4 PAT up 22% to Rs 22.3 crMonika Alcobev has announced a substantial profit increase of 22 percent for the March quarter of FY25-26. The company's revenue also saw a...
- Ahmedabad’s strategic shift: From industrial powerhouse to India’s next IT & GCC destinationIndia's technology sector is expanding geographically, with Ahmedabad, Gandhinagar, and GIFT City emerging as key destinations. Driven by s...
- Global investor Permira makes India foray with $100 million investment in SILAPermira has entered India with a $100 million investment in SILA, acquiring a 40% stake and valuing the company at $250 million. The deal i...
- Patel Retail shares fall 5% after strong listing on NSE and BSE. Should investors buy or sell?Patel Retail fell 5% to ₹290 after a strong debut but still trades 14% above its IPO price of ₹255; with a market cap of over ₹971 crore, a...
- Patel Retail IPO subscribed 24 times on Day 3 so far, GMP rises to 18%; Check other key detailsPatel Retail’s Rs 243 crore IPO was subscribed 24 times as of 10:10 AM on the final day, with strong demand across investor categories. Ret...
- Patel Retail IPO booked nearly 20 times on Day 2 so far, GMP at 17%; Check other key detailsPatel Retail’s Rs 243 crore IPO was subscribed nearly 20 times by Day 2. Retail investors subscribed 14.14 times, non-institutional investo...
- Patel Retail IPO subscribed 6.39x on Day 1; GMP at 18%. Check other key detailsPatel Retail's Rs 243 crore IPO was fully subscribed within hours, driven by strong investor interest and a grey market premium of 18%. The...
- Patel Retail raises Rs 43 crore from anchor investors ahead of IPO launchPatel Retail Ltd secured over Rs 43 crore from anchor investors like Chanakya Opportunities Fund, ahead of its IPO opening on August 19. Th...
- Dr. Kiran Patel, Florida based Indian-American philanthropist acquires significant stake in Axiom Energy Conversion LimitedAnupam Rasayan went public in March of this year at a valuation of over $750 million, fueled by a total capital infusion of $100 million fr...
- Offering interior design through virtual realityAhmedabad-based startup, TheRoot’s.in, launched the country’s first interactive virtual reality (VR) and artificial intelligence (AI)-based...
- Gujarat CM Anandiben Patel's daughter Anar Patel may sell artisan fashion products online“We are creating a craft brand to be sold online worldwide and looking for venture capitalists to fund it for expansion,“ she said.
- Retail chain Suwarnsparsh plans to raise Rs 40 crore via PESuwarnsparsh, an organised retail chain in gemstone and jewellery, said it is exploring options to raise Rs 40 crore through private equity.
- Cognizant poses challenge to Infosys, TCS in retailCognizant's revenues have doubled from the retail segment; it has eight of the top 30 global retailers among its clients.
- New-age pharma stores face slowdown heatShops close down as spending on cosmetics, lifestyle products shrink.
- India retail revolution on hold as slowdown hitsIt was hailed as the "great Indian retail revolution," but a slowing economy and over-ambitious expansion have left many retailers struggli...
- Air India IPO likely in second half of '08: PatelThe government is planning to divest 10% to 15% stake in Air India through a public issue in the second half of 2008.
- Pharma retailers join hands to take on big chainsIndian Retail Pharmacy Network, a partnership co set up by 7 pharmacy shop owners from Ahmedabad, is on an expansion mode in the state. Mon...
- Best Buy in talks with Vivek to enter IndiaBest Buy, the largest consumer electronics retailer in the US, appears to be setting its sights on India.
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