Export Government News

FIEO Requests Extension of Emergency Credit Line Guarantee Scheme Till March 2024

The Federation of Indian Export Organisations (FIEO) on Friday requested Union Finance Minister Nirmala Sitharaman to extend benefits till March 2024 that were provided under the Emergency Credit Line Guarantee Scheme (ECLGS). According to reports, the scheme ended in March 2023. The Emergency Credit Line Guarantee Scheme (ECLGS) was launched in May 2020 as part […]

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National News

India’s Core Sector Industries Grow By 12.1% In August 2023

The output of India’s eight core sector industries increased by 12.1 per cent (provisional) on a yearly basis in August 2023. The production of all eight core industries — cement, coal, crude oil, electricity, fertilizers, natural gas, refinery products and steel — recorded positive growth in August over the corresponding month of last year, according […]

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Companies News Retail

JioMart, Meta’s Chat-based Shopping Partnership Turns One In India

JioMart and Meta completed their one-year partnership through which they have enabled consumers to simply browse and shop for their household needs through WhatsApp chats and making shopping easier for Indian consumers. “Celebrating one year of enabling Indians to shop with ease, JioMart and WhatsApp’s collaboration has proven to be one of the most successful […]

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News Opinions

With The Ongoing Festive Season, The Diamond Jewelry Industry Is Poised For Significant Growth

Diamonds have always been an enduring symbol of love, happiness and the celebration of life’s most cherished moments. As we approach the upcoming festive season, the diamond jewelry industry is poised for significant growth, with expectations of a remarkable 20 per cent increase compared to last year’s festivities. This year has witnessed phenomenal growth in […]

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Beauty Brands Companies Finance News

Beauty & Personal Care Brand Pilgrim Raises $20 Mn In Series B Funding

Pilgrim, a beauty and personal care brand has raised USD 20 million in Series B funding led by Vertex Ventures Southeast Asia and India along with existing investors Fireside Ventures & Narotam Sekhsaria Family Office. Currently, at Rs 300 crore ARR, the brand is committed to scaling to Rs 1000CR ARR by 2025. Commenting on […]

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Brands Companies Finance News Retail

Reliance Retail Receives Full Subscription Amount of Rs 2,069.50 Cr From KKR

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 […]

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Brands Companies Finance Interviews News

FNP May Go Public By 2025, Amid Rapid Expansion

Ferns N Petals (FNP), the leading gifting brand in India, is considering the possibility of going public with an Initial Public Offering (IPO) by 2025, while also evaluating the prospect of securing additional funding in 2024, Vikaas Gutgutia, Founder & MD of the company told BW Retail World. “We are expanding,” said Gutgutia, “We probably […]

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Brands Companies FMCG News

Dabur To Elevate Hajmola and Odomos To Power Brand Status

Dabur, a well-known home-grown Fast-Moving Consumer Goods ( FMCG) company, is set to scale up its digestive brand, Hajmola and mosquito repellent brand, Odomos, as the power brands, CEO Mohit Malhotra said in the investor meet last week. Currently, Dabur’s FMCG portfolio includes nine distinct power brands, with eight in India and one in overseas […]

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Brands Companies Food & Beverage. News Retail

Chai Sutta Bar Expands Tea Menu In Agra, Offering 9 New Flavors

Chai Sutta Bar, the brand known for its diverse range of tea offerings, revealed its latest Agra outlet offerings with nine distinct tea flavors to delight its customers. “Contrary to any misunderstandings, Chai Sutta Bar has always been about tea, not sutta (smoke) or bar. This expansion of the tea menu underscores the brand’s commitment […]

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Companies News Retail Tech

Greaves Retail Partners With UGRO Capital To Offer Dealer Financing Solutions

Greaves Retail, the retail unit of Greaves Cotton, a provider of clean mobility and energy solutions in the e3W, ICE 3W, and SCV segments, and UGRO Capital, a DataTech NBFC focused on MSME lending on Thursday announced its partnership to offer financing to dealers. Under this collaboration, UGRO Capital will offer an array of comprehensive […]

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