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Future Retail clocks Rs.471 crore loss in Q4

New Delhi, Sept. 4 -- Future Retail Ltd plunged to a net loss of Rs.470.61 crore in the March quarter compared to a net profit of Rs.203.17 crore in the year-ago, underscoring the financial stress at ... Read More


Norway's Orkla picks up majority stake in Eastern Condiments

NEW DELHI, Sept. 4 -- Norway's packaged consumer goods firm Orkla on Friday said it will acquire 67.8% stake in Kerala-based spice maker Eastern Condiments, reaffirming that India's packaged spice and... Read More


H&M's country manager for India quits

NEW DELHI, Sept. 4 -- Swedish fast fashion retailer Hennes & Mauritz's (H&M) country manager for India, Janne Einola, is stepping down from his role of overseeing the fashion retailer's business in th... Read More


Krishnakumar named Coca-Cola India chairman in major overhaul

New Delhi, Sept. 3 -- The Coca-Cola Company on Thursday named T. Krishnakumar, current president of the India and Southwest Asia business unit, chairman of Coca-Cola India Inc. The beverage major has ... Read More


Jubilant FoodWorks posts Rs74 crore loss in June quarter

NEW DELHI, Sept. 2 -- Jubilant FoodWorks Ltd, that operates the Domino's pizza chain and Dunkin' Donuts coffee shops in India, on Wednesday reported a consolidated loss of Rs.74.5 crore for the June-e... Read More


There's festival-linked uptick in demand: CavinKare

NEW DELHI, Sept. 1 -- As the government lifts restrictions further, especially ahead of the key festival season, large consumer goods companies are likely to see a spike in sales. Gayatri Kabilan, sen... Read More


Kishore Biyani writes to suppliers to allay concerns on dues

New Delhi, Aug. 31 -- Two days after Reliance Industries announced taking over the retail, wholesale, logistics and warehousing business of Future Group, suppliers and vendors to the group raised conc... Read More


Unlock 4: Bars look forward to resuming services

NEW DELHI, Aug. 30 -- The central government on Saturday kept bars out of the list of places and activities that remain prohibited in the fourth phase of India's unlock guidelines, allowing them to re... Read More


Kishore Biyani's rise and fall

New Delhi, Aug. 29 -- India's retail maverick, Kishore Biyani, on Saturday gave up his sprawling, over three-decade-old retail empire that earned him the monicker of India's Sam Walton-the founder of ... Read More


Future set to seal the deal with Reliance today

New Delhi, Aug. 29 -- The board of Future Enterprises Ltd (FEL) is set to meet on Saturday to approve the impending sale of Future Group's retail assets to Reliance Retail, people familiar with the de... Read More