Consumers across India are bullish, excited and more eager than ever to shop online during this festive season, as per a study conducted by Nielsen Media India, on behalf of Amazon India. 81 per cent indicated strong sentiment and intent; 78 per cent trust online shopping and 1 in 2 intend to increase online spending, […]
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 […]
Casio, the Japanese consumer electronic brand will start manufacturing watches by this financial year (FY24) in India, said Hideki Imai, Managing Director, Casio India, while adding that the company is serious about the Indian market. “We intend to start local manufacturing of watches in India this financial year, not G Shock but entry-level watches to […]
Reliance Retail, under the control of Mukesh Ambani, is reportedly engaged in discussions with existing investors, including sovereign wealth funds from Singapore, Abu Dhabi, and Saudi Arabia, regarding a potential additional round of investments totaling around USD 1.5 billion. These talks are part of an internal objective to secure USD 3.5 billion in investments by […]
Reliance Retail Ventures (“RRVL”) on Wednesday announced that Qatar Investment Authority (“QIA”), through a wholly-owned subsidiary, will invest Rs 8,278 crore into RRVL, a subsidiary of Reliance Industries. This investment values RRVL at a pre-money equity value of Rs 8.278 lakh crore. RRVL, through its subsidiaries and associates, operates India’s largest, fastest growing, and most […]
Aiwa India, a brand in the consumer electronics space, announced strategic partnerships with retail brands Aptronix and Sangeetha Mobiles to bolster its luxury acoustics range’s retail presence in India. In partnership with Aptronix, Aiwa India will establish a strong retail footprint across 50+ exclusive stores located in 14 cities throughout India. The association with Sangeetha […]
UBON, a gadget accessory & consumer electronics brand, unveiled its collaboration with Matrix Fight Night (MFN), a Mixed Martial Arts (MMA) platform. “The partnership aims to bring together the power of sports and technology to create an unparalleled experience for fans,” the official statement said. According to the statement, Tiger Shroff, UBON’s brand ambassador is […]
