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RETAIL EXPANSION IN INDIA
Punjab National Bank eyes ambitious target to break into world's top 100Punjab National Bank is setting its sights on breaking into the elite group of the world's top 100 lenders in the near future. With a signi...
QX Global Group appoints Vijay Pahuja as Group Chief Executive OfficerLong Ridge Equity Partners-backed finance, accounting and recruitment KPO leader appoints industry veteran Vijay Pahuja to lead its next ph...
IKEA expands Delhi footprint with second city store in Saket, deepens NCR growth strategyIKEA India is opening its second city store in Delhi at DLF Avenue, Saket. This new store will offer nearly three thousand products for cus...
India's private banks draw thinner margins on tepid credit growthTop private sector banks reported weaker net interest margins (NIMs) in the June quarter as sluggish retail loan demand pushed them towards...
Bonus bonanza! Aastha Spintex to consider bonus issue, dividend less than a month since debut on July 23Aastha Spintex will consider a 1:1 bonus issue, a final FY26 dividend of up to Rs 10 per share, and textile expansion plans on July 23. Des...
India-UK trade deal: More British brands are coming to India, but here's why your shopping bill may not fall anytime soonIndia-UK CETA is expected to bring more British brands to India, though immediate price cuts remain unlikely due to a weaker rupee and high...
Rs 91,000 crore wipeout: What spooked HDFC Bank, Axis Bank and Kotak investors even as credit growth picked up?Nearly Rs 91,000 crore was wiped off the market value of HDFC Bank, Axis Bank and Kotak Mahindra Bank as stronger credit growth failed to o...
Tata’s fashion brand Westside plans biggest push yet with 100 annual storesTrent's Westside brand plans to open one hundred new stores annually. This expansion aims to invigorate growth and reach new markets. The c...
Manufacturing emerges as new growth engine for India’s GCC office demandIndia's Global Capability Centres are expanding significantly into manufacturing and other industries. These centers are now handling produ...
Trade, NBFC credit to remain fastest-growing lending segments: ReportTrade and NBFC credit are expected to remain among the fastest-growing segments of India's banking system, supported by rising formalisatio...
Quick commerce firms deepen battle for orders in the same pin codes: ReportQuick-commerce operators are densely expanding dark stores within existing neighborhoods. Blinkit, Flipkart Minutes, and Amazon Now signifi...
Shyam Steel to invest Rs 15,000 crore in West Bengal expansionShyam Steel Group will invest Rs 15,000 crores in West Bengal's expansion projects. This initiative will create over 20,000 direct and indi...
Magicpin rolls out AI assistant Vera across 6 international markets, eyes further overseas expansionMagicpin announced Vera's international rollout across six nations. The AI assistant offers real-time order insights to businesses. This ex...
YatriKart opens first Delhi-NCR store, targets 50 stores in 50 daysYatriKart has launched its first store in Delhi NCR and plans fifty more. The company aims to open these new stores within the next fifty d...
TechnoSport launches 64,000 sq ft Bengaluru warehouse to boost national distribution and activewear growthTechnoSport launched a large warehouse in Bengaluru to enhance its national distribution capabilities. This expansion increases controlled ...
IKEA India plans to double investment to over Rs 21,000 cr by 2030; targets Rs 8,000 cr turnoverSwedish retailer IKEA plans to invest over Rs 21,000 crore in India by 2030. This significant investment will accelerate store expansion an...
Grocery chain Sumosave Retail raises Rs 50 crore led by 12 FlagsFounded in 2022, Sumosave had previously raised $3.3 million from Lightspeed and angel investors. The firm operates company-owned neighbour...