Suneera Tandon
Senior Writer at Mint
I write on all things consumer @livemint I [email protected] I Previously @qzindia. Tea person for life.
Articles
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1 week ago |
livemint.com | Suneera Tandon
New Delhi: Online commerce platform Myntra, part of Walmart-backed Flipkart Group, has raised ₹1,062.50 crore from parent FK Myntra Holdings Pvt Ltd (Singapore), according to financial data accessed by business intelligence platform Tofler. This investment involved the issuance of 1.94 millionshares to the parent. Each share had a nominal amount of ₹1 with a significant premium of ₹5,465.23 per share. The move comes as Myntra has been expanding the scope of its business both in India and overseas.
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1 week ago |
livemint.com | Suneera Tandon
New Delhi: Malabar Gold & Diamonds is exploring an entry into the lab-grown diamond market with a distinct branding strategy, joining a small but growing list of large jewellery retailers eyeing the nascent segment. The company is studying consumer interest in lab-grown diamonds and evaluating how best to position its offering, said M.P. Ahammed, chairman of the Kerala-headquartered group.
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1 week ago |
livemint.com | Suneera Tandon
New Delhi: Food and beverage major PepsiCo India reported revenue of ₹8,877 crore and profit after tax of ₹883.4 crore for the 12 months to 31 December 2024. These numbers are not comparable to the previous year’s as the company switched from the financial year (April-March) to the calendar year. The previous filing was for a nine-month period – April 2023 to December 2024 – during which the company clocked consolidated revenue of ₹5,954.16 crore and a profit of ₹217.26 crore.
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1 week ago |
livemint.com | Suneera Tandon
"We would not be rushing our expansion because we are still a diamond-centric retail outlet and we will go by our experience," said Saumen Bhaumik, CEO and managing director of CaratLane. “There's a very robust system based on how many people search for us, how many orders we get. Plus, we also started physical roadshows. All of these help us decide which are our next markets.
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1 week ago |
htsyndication.com | Suneera Tandon
New Delhi, May 27 -- New Delhi: Titan Company Ltd-backed diamond retailer CaratLane will open 40 stores this fiscal year, less than the 50 outlets launched in the previous fiscal year. "We would not be rushing our expansion because we are still a diamond-centric retail outlet and we will go by our experience," said Saumen Bhaumik, CEO and managing director of CaratLane. "There's a very robust system based on how many people search for us, how many orders we get.
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