Shoppers Stop’s Managing Director and Chief Executive Officer (CEO), Venugopal G. Nair, has submitted his resignation, effective from the close of business hours on 31 August 2023, citing personal reasons. The company officially announced his departure on Thursday. The board of directors has accepted Nair’s resignation, acknowledging his desire to dedicate more time to his […]
Unicommerce, an ecommerce enablement SaaS platform, has reported 50 per cent revenue growth in financial year 2023. The company has been consistently performing and expanding its presence in India and international geographies of Middle East and Southeast Asia. The company has been consistently growing its revenue, according to its last RoC filing, the company reported […]
Hindware Home Innovation Limited (HHIL), a consumer appliances company has named Salil Kapoor as its new chief executive officer (CEO), the company said in a press release on Monday. In his new role, Kapoor will lead the consumer business overseeing both consumer appliances and retail divisions. Additionally, he will be responsible for overseeing the water […]
The Laundry Industry is expected to reach USD 70 billion at a compound annual growth rate (CAGR) of 6-7 per cent year-on-year (YoY) basis and yet the industry is highly unorganised and it is dominated by the local dhobis because people don’t have options, however, this scenario is changing, Anurabh Sinha, CEO of UClean in […]
Ecom Express, an end-to-end technology-enabled logistics solutions provider to ecommerce industry backed by marquee private equity investors Partners Group, Warburg Pincus and British International Investment, on Thursday, announced that Ajay Chitkara will join as the new Managing Director and Chief Executive Officer of the Company. Chitkara currently serves as Director & CEO of Bharti Airtel’s […]
Vodafone Idea (Vi) has experienced an uptick in discussions with banks, promoters, and external investors to raise funds in recent weeks. Akshaya Moondra, the company’s CEO, revealed that these discussions have gained momentum following the implementation of most provisions of the telecom relief package. It may ne recalled that Vi has been grappling with financial […]
In an interaction with BW Retail World, Angelo George, Chief Executive Officer, Bisleri International Pvt. Ltd talks about the company’s sustainable approach and how the company is addressing the issues like plastic production and sourcing water from underground aquifers. What is Bisleri’s strategy around sustainability? What are their visions and goals for promoting sustainability in […]
Hisense India, a consumer electronics and home appliances company, has announced the appointment of Pranab Mohanty as CEO. He is a seasoned professional with almost three decades of experience in Sales & Marketing, Business Development, and General Management with P&L accountability. Hisense is committed to expanding its presence in the Indian market and delivering high-quality products […]
Tesla cut prices on its entire US electric vehicle model lineup for the third time this year in an apparent effort to lure more buyers amid rising interest rates, Asia Nikkei reported. The largest of the cuts that appeared Friday on Tesla’s website were $ 5,000 per vehicle for the company’s slower-selling more expensive models, […]
Starbucks has named Laxman Narasimhan as their new CEO, succeeding Howard Schultz almost two weeks earlier than expected. Schultz who previously led the organisation from 1986 to 2000 and then from 2008 to 2017, will continue to serve on the company’s board. Last September, the company announced that Narasimhan would be appointed as its new […]
