'We all grew around our mom's love for cooking and obviously we took it for granted. But now, I really miss it... I miss her.'
Technology start-ups that got listed in the last few quarters reported a hit to their December-quarter (Q3FY22) profitability due to higher marketing and employee costs. While fintech firms Paytm and PB Fintech saw their losses widen by 45 per cent year-on-year (YoY) to Rs 778 crore and 55 per cent to Rs 295 crore, respectively, food delivery company Zomato remained in the red despite narrowing its net loss by 81 per cent to Rs 66 crore. Meanwhile, online fashion and beauty products seller Nykaa saw its net profit drop 59 per cent to Rs 28 crore in Q3FY22.
Since April, India has seen multiple strains of the coronanavirus sweep the nation, upending life and businesses alike. Out-of-home retail and discretionary categories such as durables, auto, fashion, lifestyle, hospitality, food services, travel, and tourism have been the worst-hit as Covid cases remain high, leaving state governments with no option but to curtail mobility and economic activity.
Billionaire Mukesh Ambani-run Reliance Industries Ltd's retail arm on Thursday raised Rs 9,555 crore from Public Investment Fund (PIF) of Saudi Arabia, taking total fundraise in the last two months to Rs 47,265 crore. PIF will take a 2.04 per cent stake in Reliance Retail Ventures Ltd (RRVL), the Indian firm said in a statement. The investment values RRVL, the retail arm of Reliance Industries Ltd, at a pre-money equity value of Rs 4.587 lakh crore.
Last year in January at Amazon's flagship event Smbhav, Infosys Co-founder N R Narayana Murthy had to shorten his keynote speech from 20 minutes to about five because the event was delayed by 1.5 hours. "I will try to finish it in five minutes, because I am not used to delays," said Murthy, while addressing hundreds of micro, small and medium enterprises (MSMEs) about building businesses that last. In the audience was Amazon founder Jeff Bezos. Murthy referred to Bezos' prediction that the 21st century will be the Indian century. "That confidence enhances our enthusiasm," said Murthy. The relationship between Murthy and Bezos dates to 2014, when Prione, a 49:51 joint venture (JV) between Amazon and Murthy's venture capital company Catamaran, was formed.
Their startup investments number 13 so far, compared to 17 deals in 2020.
What inspired, engineering graduate Pooja Mor to quit her career and take up modelling?
Alia Bhatt got candid at a fashion event in Mumbai.
Cool red carpet fashion, right here.
''When I walk out of a room or enter a gathering, everybody should notice me.' 'I always want to make a statement.' 'I flaunt myself and there is no stopping me,' Nia Sharma says as she gets ready for her new show, Naagin 4.
To cater to the antiviral fabrics and antimicrobial segment, almost all the Indian big textiles brands, including Reliance, Arvind, Aditya Birla, Donear Group, Raymond, and Siyaram have entered the market. Companies started their journey with reusable masks and PPE kits, and today, they are offering a range of PPE clothing along with fashion and casualwear.
Drones flew handbags down the runway at the Dolce & Gabbana show.
Keep up with your cool, chic fashion statement. Here are some tips!
One of India's best-dressed designers Gaurav Khanijo reveals his ultimate dream. Is NaMo listening?
Kalki Koechlin, who walked the ramp for Delna Poonawalla's Rock Chic collection at Bombay Times Fashion Week, speaks up.
The stunner is known for her hot body and close friendship with the Jenners and Hadids.
Mukesh Ambani-owned RIL's JioMart is set to launch a slew of new products including financial services, electronics to airline tickets to take on the competition from upcoming rivals like the Tata Super app and other established players including PayTM, Amazon and Flipkart. This comes at a time when RIL's e-commerce revenues are set to grow by 35 per cent to $15 billion within four years and its core retail revenue is expected to grow at the same pace to $44 billion, as per a forecast by Goldman Sachs. "The Tata vs JioMart war will be the next big corporate battle to watch. "While Tata has an upper hand like in-house products and brands, RIL has the backing of global biggies like Google, Facebook and Microsoft," said head of a rating firm asking not to be quoted.
Rajiv Suri's resignation is effective August 25, the company said in a stock exchange filing. Suri quit for personal reasons and would pursue a career outside India, it added.
'We are not organising any large celebrations on New Year's Eve to avoid last-minute changes in guidelines.'
'Kindly advise about the following stocks. Can I hold or exit?'
'Private banks are well-placed to deliver good performance over the next six months.'
'We ask Bollywood to see the writing on the wall, acknowledge their responsibility, and get on the right side of history.'
Like on Pegasus, like Covid, there have been no answers from the government about why the situation on the economy and India's future is where it is today, notes Aakar Patel.
The actor walked for Abu Jani and Sandeep Khosla to celebrate 33 years in fashion.
Bhanu Athaiya on the films she has designed for, how Gandhi happened, and what it means to be a woman in a man's world.
It's party time for these stars this weekend.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Make a style statement by wearing the right colour!
'From a teenager who struggled with low self-esteem to representing India at Miss Teen Universe, I've really worked hard to become someone I'm proud of.'
Photo-messaging app Snapchat on Wednesday said its monthly user base has reached 100 million in the country, and the company will continue to anchor its efforts towards growing and providing more resources to its community of Indian creators. Snap Inc, the parent company of Snapchat, virtually hosted the second edition of 'Snap in India'. At the event, Snap co-founder and CEO Evan Spiegel announced the milestone of reaching 100 million Snapchatters monthly in India.
The reality star and model stuck to the theme and looked impressive on the red carpet.
With its political colour dominated by less than democratic trends, BRICS currently leaves some of us wondering -- where in this grouping is there an assurance that human freedom will be respected unconditionally? It would be nice to see the new members of BRICS drawn from the ranks of countries wedded to preserving and guarding human freedom, observes Shyam G Menon.
Future Retail's independent directors had last week asked Amazon if it was willing to give a long-term loan to avoid default on repayment of Rs 3,500 crore loan due on January 29. Amazon replied to that saying it was willing to financially assist Future Retail through the Samara Capital deal but the retailer must shelve Rs 24,713 crore deal with the Reliance group.
This is the second investment by General Atlantic in a subsidiary of Reliance Industries, following a Rs 6,598.38 crore investment in Jio Platforms announced earlier this year.
Future group firms have started getting large orders from Reliance Industries, its CEO Kishore Biyani said in an email to his employees on Tuesday. The group firms Future Consumer and Future Enterprises have recently received orders from Reliance Industries. This will be a big support for the cash-strapped future group firms before the completion of Rs 24,713 crore buyout of the country's second-largest retailer by Reliance Industries' arm. Ecommerce major Amazon has raised objections over the deal.
Fashion designer Pria Kataaria Puri, host of celebrity chat show 'Born Stylish', spills the beans about designing for celebrities, her journey as a fashion designer and her ultimate style icon in an interview with Anita Aikara/Rediff.com.
Celebs follow a template for their special day -- an intimate ceremony with few people and a keen eye for a touch of luxury in every aspect.
We bring you glimpses of a special fashion show called 'No More Fear', which saw several celebs take to the ramp in Mumbai last night.
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