Walmart, a retail giant, has officially announced the layoff of hundreds of corporate employees in a memo issued by Chief People Officer Donna Morris. The memo stated that changes within
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Nestle India Ltd’s board has given the green light to boost royalty payments to its parent firm, Societe des Produits Nestle SA. The decision entails a gradual increase of 0.15
Kishore Biyani, the renowned entrepreneur, has extended a remarkable Rs 476-crore proposal to creditors, spearheaded by Canara Bank, for a one-time settlement (OTS) of Bansi Mall Management Co (BMMCPL)’s debt,
In the recent quarterly report, US retail titan Walmart showcased a noteworthy surge in its consolidated gross margin. The delayed start of Flipkart‘s Big Billion Days (BBD) holiday season in
Reliance Industries has announced that the Abu Dhabi Investment Authority (ADIA) will inject INR 4,966.80 crore into Reliance Retail Ventures Limited (RRVL), acquiring a 0.59 percent stake in the company.
Tata Group’s consumer unit is currently engaged in discussions to acquire a controlling stake of at least 51% in the beloved Indian snack food giant, Haldiram’s. However, sources reveal that
Embarking on an exciting trajectory of expansion and innovation, Vivo is set to revolutionize the premium smartphone segment with the imminent launch of ten expansive experiential stores by 2024. This
MA Yusuff Ali, an eminent billionaire in the retail sector, is a renowned UAE-based Indian businessman, serving as the Chairman and Managing Director of the illustrious LuLu Group. This remarkable
Avenue Supermarts, the operator of the popular DMart retail chain, witnessed impressive sales of its online grocery unit, crossing the Rs 2000 crore mark in FY23. However, despite the positive
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