We Indians are big on the gifting culture. Have you ever visited anybody’s place without at least a small gift in your hand? These gifts and the brands they come from are long remembered. In the age of the internet, people buy everything online, including gifts. In the dynamic landscape of e-commerce, the surge of […]
Shein is taking steps to expedite shipping times for its customers in the United States by sending more low-priced apparel and home goods to its U.S. warehouses from China. This strategic move, revealed through data from the global trade analysis firm ImportGenius and exclusively shared with Reuters, aims to reduce the wait times that many […]
Malabar Gold & Diamonds, the gold and diamond retail chain opened its 1st store in Dehradun, Uttarakhand in the presence of Minister Ganesh Joshi, State Cabinet Minister of the Government of Uttarakhand. This is Malabar Gold & Diamonds’ 24th store in the North region. Commenting on launching the showroom, M P Ahammed, Chairman, Malabar Group […]
McDonald’s (MCD.N) is increasing royalty fees for new franchise restaurants in the U.S. and Canada, marking the first such adjustment in nearly thirty years. This adjustment will align the fees with what McDonald’s charges in other global markets. Effective from 1 January, the fees will be raised from 4 per cent to 5 per cent. […]
In a major achievement for Chief Minister Yogi Adityanath-led Uttar Pradesh government, over 500 foreign buyers registered on the third day of the five-day UP International Trade Show being held at India Expo Center in Greater Noida on Sunday. The trade show, which aims at showcasing UP’s products to the global audience and also attracts […]
Apple is reportedly planning a substantial expansion of its production operations in India, to increase its production value to approximately USD 40 billion over the next four to five years, as per undisclosed government sources cited by news agency PTI. These sources indicate that in the previous fiscal year, Apple achieved a production milestone by […]
Reliance Retail (RRVL), the retail arm of Reliance Industries, has successfully received the full subscription amount of Rs 2,069.50 crore from the global investment firm KKR and has allotted 1.71 crore equity shares. Following this share allotment, KKR’s shareholding in RRVL has increased to 1.42 per cent, up from the previous 1.17 per cent. In […]
The profit margins of fashion retailers are likely to contract by around 120 bps in FY2024 due to higher discounts and ad spends, despite an estimated 13 per cent revenue growth, the rating agency Icra has said. According to Icra’s recent industry analysis, the operating profit margins of 11 listed retail entities in its sample set, […]
Farmers have suffered a heavy loss due to sudden heavy rainfall that occurred at Krishi Upaj Mandi in Madhya Pradesh’s Mandsaur district on Friday evening. The farmers at the mandi tried hard to save their garlic from water but due to the heavy rain, the garlic started flowing. It rained heavily for about an hour […]
The issue exclusively showcases the ‘Guide to Wealth Creation’ as well as an ‘Up-close with BW Top Marketers’ along with the ‘G20 Summit Takeaways’ The latest edition of BW Businessworld, releasing on September 23, 2023 delves deep into the world of business and entrepreneurship, offering an array of thought-provoking columns, interviews, and features.In a rapidly […]
