TATA INFINITI RETAIL

"There is a strategic reason for not making any equity infusion even as organisational changes are being made," said one of the persons. "However, new fund infusion will commence after the strategy and organisational changes for better operational e...

The RuPay credit card was launched in 2017 and these enable secured payments for purchasing goods and services at merchant locations in India as well as abroad. Given below are the top credit cards available on the Rupay network chosen basis the ove...

Most of the investors look at IT stock on a standalone basis as companies for bottomline line. Now let's look at it from the perspective, an economy where the biggest export is software services, shouldn't one be watchful when that sector says growt...

Despite the fact in the last one year, only negative things have been said about IT companies, look at their stocks performance. Except one large IT stock which had been a perennial under performer, most of the other IT stocks are not very far from ...

While IT stocks have been underperforming the broader market for more than a year. But if one looks at the reaction of the street to the Q2 numbers of the TCS, Infy and HCL tech, it is clear that the secular bearish outlook which the analysts have b...

After a long bullish phase, in the last four weeks the market has witnessed correction, Whether it is, large, mid or small cap market breadth in all segments remained weak in a number of trading sessions. In such times, if one is looking to buy stoc...

While IT stocks have been underperforming the broader market for more than a year, But at this point of time as second quarter results start to pour in, they witnessed another round of sharp correction. This was in the backdrop of some of the US IT ...

The company in the filings did not give any reasons behind the financial performance. Industry executives said this jump in revenue – highest growth rate in at least the last five years – is driven by Croma becoming the exclusive online seller for a...

While top companies like Reliance Retail, Aditya Birla Fashion and Retail (ABFRL), DMart, Tata's Trent and Starbucks continued to add stores, many brands are in the lookout for bigger space.

While top companies including Reliance Retail, Aditya Birla Fashion and Retail (ABFRL), D'Mart, Tata's Trent and Starbucks continued to add stores, many brands are in the lookout for bigger space. “India’s strong domestic consumption would continue ...

Infiniti Retail will become an Apple franchisee partner and intends to open 100 such outlets of 500-600 sq ft each at malls as well as high-street and neighbourhood locations.

The Tata’s are using Croma as the main seller for electronics and smartphones in its online platforms including the superapp Tata Neu. In fact, industry executives said Croma has been consistently burning cash to offer discounts which at present is ...

The consumer durables and electronics retailer, operating under the brand name Croma, has entered into an agreement for the same with DBG Estates, a subsidiary of Welspun One Logistics Parks (WOLP), an integrated fund, development, and asset managem...

A couple of months back, Tata Group's other ecommerce platform, Tata Cliq, exited the electronics category and has sold the inventory to Infiniti Retail for about ₹113 crore.

Last fiscal, Croma's same store growth was an "unprecedented" 33% and it launched a record number of 56 outlets. Ecommerce sales grew by 204% last fiscal and already contribute 9% to sales, it said. However, Infiniti did not specify any reason behin...

The disclosures also point out the change in the holding company for Infiniti Retail: The business is now owned by the group's new ecommerce entity Tata Digital. It was earlier under Tata Sons until a few months ago.

Tata Digital is acquiring a 64.3% stake in e-grocer BigBasket for about $1.2 billion and is spearheading the launch of a SuperApp that will bring all the group's consumer businesses under a single ecommerce platform

There has been an increasing demand for household comfort products, while average ticket size in sales is also moving up, they said.

Last fiscal, 22 new Croma stores were launched which the company said is the highest in any financial year