What Amazon's Win In Supreme Court Means For Reliance ndtv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ndtv.com Daily Mail and Mail on Sunday newspapers.
Online sales of retailers like Reliance Retail, Dmart surge 2-9 times during pandemic indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
super luxury car sales: ETAuto Original: Why do most of Indian super-rich steer clear of super-luxury cars?, Auto News, ET Auto indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Flipkart | Benzinga benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
Tata Consumer Products rose 2.7 per cent in a weak market to Rs 645.5 on the BSE on Wednesday on report that the Tata Group is in the final stages of acquiring a majority stake of 68 per cent in Supermarket Grocery Supplies, which runs and operates online grocery brand BigBasket. The deal, which is expected to close in the next four to five weeks, will give exit to investors Alibaba, Abraaj Group and IFC. The top management, including co-founder and CEO Hari Menon, will continue to stay on board, the report added. The deal worth Rs 9,300-9,500 crore biggest in the online grocery space so far values BigBasket at Rs 13,500 crore (around $1.85 billion). This comes about 20 months after the Hari Menon-led Bengaluru company had entered the unicorn club (companies with valuation of at least $1 billion), it said.
The Tata Group is in the final stages of acquiring a majority stake of 68 per cent in Supermarket Grocery Supplies, which runs and operates online grocery brand BigBasket, for about Rs 9,300-9,500 crore, said a source close to the development. The deal biggest in the online grocery space so far values BigBasket at Rs 13,500 crore (around $1.85 billion). This comes about 20 months after the Hari Menon-led Bengaluru company had entered the unicorn club (companies with valuation of at least $1 billion). The deal, which is expected to close in the next four to five weeks, will give exit to investors Alibaba, Abraaj Group and IFC. The parties are awaiting approval from the Competition Commission of India (CCI).
Online grocery sales grow by 65% in FY20, clock in at over Rs 6,000 crore Share Synopsis Big Basket, the country’s largest online food and grocery store, accounted for half of the sales. Grofers, DMart, Tata-owned StarQuik and Spencer’s Retail were the other retailers that submitted their filings. KOLKATA | MUMBAI: Online grocery sales by five of the largest e-grocers and brick-and-mortar retailers collectively grew by 65% to Rs 6,820 crore in FY20, while their combined losses widened to over Rs 1,175 crore, according to regulatory filings. Big Basket, the country’s largest online food and grocery store, accounted for half of the sales. Grofers,
The tenets of building a luxury brand versus a mass market brand⦠Share Via: In the light of Aditya Birla Fashion and Retail acquiring designer brand Sabyasachi, we explore the tenets of building a luxury versus a mass market brand. Aditya Birla Fashion and Retail (ABFRL) has announced a strategic partnership with Sabyasachi by signing a definitive agreement for acquiring 51 per cent stake in the latter. Sabyasachi is Indiaâs largest and most influential luxury designer brand, with strong Indian roots and global appeal. The brand straddles categories such as apparel, accessories and jewellery, and has a strong franchise in India, US, UK and the Middle East. The ABFRL platform will complement Sabyasachi in its journey to becoming a global luxury house out of India.
Image: Page Industries Jockey: What lies beneath Page Industries got the underwear out of the closet and achieved a decadal success story like no other. A slowing economy has dented its sheen, but the company believes it is still in a sweet spot. Jan 1, 2021 A visit to a Jockey store for day-to-day apparel like underwear or just plain pyjamas is sure to make one’s wallet lighter. For example, for men who like to laze at home in their boxers, the cost of the garment is upwards of ₹419 apiece. Pyjamas, another comfort garment, costs a shade under ₹1,000 apiece. Jockey, an American brand that re-entered India in 1995 (it was around for about three-four years in the early 1970s), generally carries a premium of at least 20% over other Indian mainline innerwear brands like Lux, Rupa, and Dollar.
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