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Business
Walmart Announces Corporate Layoffs and Relocation Initiatives: A Strategic Restructuring Move
Walmart, a retail giant, has officially announced the layoff of hundreds of corporate employees in a memo issued by Chief…
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Food & Beverages
Nestle India Board Approves Hiking Royalty Payment to Up to 5.25%
Nestle India Ltd’s board has given the green light to boost royalty payments to its parent firm, Societe des Produits…
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Business
Revamping SOBO Central Mall: Kishore Biyani Bold Bid Challenges Runwal Group
Kishore Biyani, the renowned entrepreneur, has extended a remarkable Rs 476-crore proposal to creditors, spearheaded by Canara Bank, for a…
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Business
Walmart’s Boost in Consolidated Gross Margin Linked to Flipkart’s Festive Delay
In the recent quarterly report, US retail titan Walmart showcased a noteworthy surge in its consolidated gross margin. The delayed…
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Business
Reliance Retail Attracts ADIA Investment of INR 4,966.80 Crore for 0.59% Stake
Reliance Industries has announced that the Abu Dhabi Investment Authority (ADIA) will inject INR 4,966.80 crore into Reliance Retail Ventures…
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Exclusive
Tata’s Big Bite: Can They Conquer the Snack Food Empire?
Tata Group’s consumer unit is currently engaged in discussions to acquire a controlling stake of at least 51% in the…
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Technology
Vivo Bold Step to Redefine Premium Smartphone Retail
Embarking on an exciting trajectory of expansion and innovation, Vivo is set to revolutionize the premium smartphone segment with the…
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Business
The Rise of MA Yusuff Ali: From Humble Beginnings to Billionaire Retail Tycoon
MA Yusuff Ali, an eminent billionaire in the retail sector, is a renowned UAE-based Indian businessman, serving as the Chairman…
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Leader
DMart Online Business Achieves Over Rs 2000 Crore in Sales, Despite Widening Losses
Avenue Supermarts, the operator of the popular DMart retail chain, witnessed impressive sales of its online grocery unit, crossing the…
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