Reliance Retail has established a dominant position and the growth trajectory remains robust - Devangshu Dutta of Third Eyesight tells Prashant Nair, Nigel D'Souza and Sonia Shenoy https://www.youtube.com/watch?v=mU5uIBD3Hd8
On CNBC-TV18 | Reliance Retail has established a dominant position and the growth trajectory remains robust - Devangshu Dutta of Third Eyesight tells Prashant Nair, Nigel D'Souza and Sonia Shenoy.
New Delhi, 23 August 2023 Bindu D. Menon, Financial Express Tata Group’s Titan Company is not the only one to be bullish on the fine jewellery segment by recently raising its stake in CaratLane from 71.09% to 98.28% for a consideration of Rs 4,621 crore. Other corporate groups as well as private equity firms who have entered this segment are making investments and scaling up. For instance, recently, Aditya Birla Group entered the gold jewellery market with the launch of Novel Jewels with an estimated investment of Rs 5,000 crore. It also plans to launch large-format jewellery formats and in-house…
Viveat Susan Pinto, Financial Express August 18, 2023 Retail activity in the country is set to increase with some 20 foreign brands likely to enter India in the next 6-8 months, according to retail consultants and experts. This is double the number of about 10 foreign brands that would enter India annually in the pre-pandemic period. An attractive retail market and growing affluence and consumer tastes are among the key reasons for the interest shown by foreign brands in India, said experts. Also, large groups such as Reliance and Aditya Birla are open to partnerships with foreign brands, with Reliance…
Christina Moniz, Financial Express August 11, 2023 Pizza chain Domino’s recently unveiled a Rs. 49 pizza, its cheapest anywhere in the world. At $0.60, the pizza chain’s seven-inch cheese pizza is priced far lower than Domino’s in China (where $3.80 is the cheapest option). As per media reports, the rising inflation has caused Jubilant FoodWorks, which runs Domino’s outlets in India, to see a 70% slide in profits in the first quarter of CY23. Competitor Pizza Hut has launched its Flavour Fun range, offering 12 new pizzas in five different sauce flavours, starting at a price of Rs. 79, which…
Geopolitical friction has again sparked renewed concerns over inflation and rising input costs for FMCG companies as @itmeansjustice @whysnavi write. @devangshu commented.
