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INDIA RETAIL
India restricts sale of high speed diesel and motor spirit from retail outletsIndia has placed restrictions on institutional and commercial buyers of fuel. These customers must now source motor spirit and high-speed d...
Ecommerce isn't adding much to Retail Inc's cartAn ET analysis of eight major retailers-market leader Reliance Retail, Shoppers Stop, Westside, Arvind Fashions, DMart, Spencer's Retail, P...
Bank credit grows over 17% in May, extending double-digit rise for 9th month in a rowBank credit saw a strong 17.44 percent growth in May. This marks the ninth straight month of double-digit expansion. Demand for loans from ...
Manam Chocolate raises $9 million funding from Omnivore, Turner MorrisonThe craft chocolate company plans to use the funding to expand its retail footprint to 18 stores in the next two years, adding more product...
Retailers' body flags rise in illicit trade, seeks curbs on e-commerce practicesRetailers in India are facing challenges from e-commerce. The Federation of Retailers Association of India highlights issues like counterfe...
A new IPO frenzy: Why is Bharat making a beeline for bourses?Retail chains from smaller Indian towns are planning to raise over Rs 7,000 crore through IPOs. These companies see capital markets as a fa...
Meesho: Why Jefferies believes the stock could rally 34% from current levelsJefferies sees significant growth for Meesho. The brokerage initiated coverage with a 'Buy' rating and a target price of Rs 225. This sugge...
NLC India drops 3% even as gov OFS draws robust institutional demand; retail window opens todayNLC India shares fell sharply on Wednesday even as the government's Offer for Sale (OFS) attracted strong demand from institutional investo...
Regional retail companies chase IPO gold to fund dreamsSmall towns in India are becoming major retail growth centers. This is leading many regional companies to plan initial public offerings. Th...
Jio BlackRock prepares ETF debut by August after building $2 billion India fund baseJio BlackRock is set to launch its first Indian ETFs by August, aiming to mirror BlackRock's global success in passive investing. The joint...
NLC India OFS over-subscribed 5 times, institutional buyers put in Rs 4,158 cr bidsThe government's offer for sale in NLC India saw strong demand on the first day. Non-retail investors bid for shares worth Rs 4,158 crore. ...
Electric passenger vehicle retail sales jump 81.2% to 26,682 units in May: FADAElectric vehicle sales in India saw a significant surge in May. Passenger vehicle retail sales jumped 81.2 percent. Tata Motors led the ele...
Extreme heat dents productivity at India garment factories supplying global brandsIndia's garment factories face severe heat challenges. Productivity drops up to 10% affect global brands like Uniqlo and Marks & Spencer. H...
NLC India shares fall 3% as OFS worth up to Rs 1,263 crore opensThe government is set to launch an Offer for Sale (OFS) to divest up to 3% of its stake in NLC India, valued at approximately Rs 1,263 cror...
NLC India shares fall 3% as OFS worth up to Rs 1,263 crore opensNLC India shares dipped 3% as the government launched an Offer for Sale (OFS) to divest up to a 3% stake, aiming to raise Rs 1,263 crore. T...
India's EV penetration crosses 11% for first time as auto retail sales hit record in MayIndia's auto sales reached a record in May, growing 9.55 percent. Electric vehicle penetration surpassed 11 percent for the first time. Dea...
Why Amazon has struggled to crack IndiaAmazon's India strategy is changing: under new leadership, the company is focusing on profitability over rapid growth. This shift comes as ...