Optimism
E-commerce & Marketplaces News Retail

Online Sellers Gear Up For Promising Festive Season, Expect 15% Sales Growth

Online sellers are gearing up for a promising festive season in 2023, expecting a significant uptick in sales after a rocky first three quarters of the year. A report by Redseer Strategy Consultants highlighted the optimism among sellers, with at least a 15 per cent year-on-year (YoY) jump in festive sales anticipated. The report, based […]

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Brands Companies News

ITC To Boost RoCE By Up To 20% After Demerger of Hotels Business

ITC, in a bid to address investor concerns over the demerger of its hotels business, has outlined plans to boost its Return on Capital Employed (RoCE) by up to 20 per cent. The company aims to ensure that the new entity, ITC Hotels, maintains a well-capitalised, debt-free balance sheet. The demerger is designed to benefit […]

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Companies News

Akzo Nobel India’s Revenue Rises 21% YoY To Rs 3,802 Cr For FY23

Akzo Noble India, a manufacturer and seller of paints and related products on Monday reported a 15 per cent year-on-year (YoY) growth in its profit after tax (PAT) at Rs 3,351 crore for the financial year 2022-23 (FY23) compared to to the previous financial year at Rs 2,900 crore. The company’s revenue from operations also […]

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