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Showing posts from January, 2025

Digital Icon : Samrat Banerjee

Samrat, a Computer Science Engineering graduate from Jadavpur University, began his career at ITC Ltd. in 1996. After seven years in the USA, he returned to ITC and spent 16 successful years, culminating in his role as CIO, leading FMCG sales and distribution. Transitioning to Spencer’s Retail as CIO in 2021, he revolutionized the e-commerce platform, resulting in tripled growth. In 2022, he joined Emami Ltd. as CIO, tasked with driving digital transformation, focusing on data-driven operations and profitability. At ITC, Samrat spearheaded strategic IT initiatives, including nationwide mobility solutions, analytics platforms, and AI/ML-driven innovations. His expertise spans Consumer Packaged Goods (CPG), Retail, IT strategy, project delivery, vendor management, and cost optimization, with a knack for integrating cutting-edge technologies to solve business challenges. The post Digital Icon : Samrat Banerjee appeared first on India Retailing . from India Retailing https://ift.tt/...

DMart’s Q3 revenue up 17.5% to Rs 15,565 cr

The company had posted a revenue of Rs 13,247.33 crore in December quarter a year ago New Delhi: Avenue Supermarts Ltd, which owns and operates retail chain DMart, has reported 17.5 per cent increase in standalone revenue from operations at Rs 15,565.23 crore for the third quarter ended December 31, 2024. The company had posted a revenue of Rs 13,247.33 crore in December quarter a year ago, Avenue Supermarts informed BSE on Thursday. The total number of stores as of December 2024 stood at 387. Revenue for the quarter is subject to limited review by the statutory auditors of the company, it said. In October-December 2022-23, standalone revenue was Rs 11,304.58 crore. Promoted by Radhakishan Damani and his family, DMart retails basic home and personal products across Maharashtra, Gujarat, Andhra Pradesh, Madhya Pradesh, Karnataka, Telangana, Chhattisgarh, NCR, Tamil Nadu, Punjab and Rajasthan. The post DMart’s Q3 revenue up 17.5% to Rs 15,565 cr appeared first on India Retailing ...

Blinkit starts 10-minute ambulance service in select areas of Gurugram

Users will be able to see the option to call for an ambulance on the Blinkit app New Delhi: Quick commerce major Blinkit on Thursday launched 10-minute ambulance service in select areas of Gurugram as a pilot project. Users will be able to see the option to call for an ambulance on the Blinkit app, according to a company statement. “These ambulances will be stocked with essential life-saving equipment, including oxygen cylinders, AED (automated external defibrillator), stretcher, monitor, suction machine, and essential emergency medicines and injections. They will also be equipped with a scoop stretcher and a wheelchair to safely transport those in need,” it said. Each vehicle will be manned by a paramedic, a duty assistant, and a trained driver. The service will soon be expanded to more areas. “We are taking our first step towards solving the problem of providing quick and reliable ambulance service in our cities. The first five ambulances will be on the road in Gurugram starti...

Bigbasket Now broadens product range, accelerates delivery speed

Launched in 2021, Bigbasket Now is currently present in more than 300 cities, including tier-2 and tier-3 locations Bengaluru: Tata-owned quick-commerce platform Bigbasket Now has expanded its offerings from essential groceries to electronics, lifestyle products, and home essentials, the company said in a press release.  In 2024, Bigbasket Now fulfilled approximately 1.5 crore tender coconut orders and 40 million apples in the grocery segment. In the lifestyle and household categories, demand included 375,000 notebooks, 350,000 containers, 454,417 brooms, 295,000 batteries, and 90,000 liters of moisturisers.  Moreover, the company accelerated its delivery speed and managed to deliver an iPhone 16 in under 10 minutes. Bigbasket Now has a partnership with over 30,000 farmers enabling it to source fresh produce. 25%  of consumers embraced organic products on the platform, driving a 20% monthly growth in the organic category.  Omnichannel grocery delivery firm BigB...

‘Serve’ tells the story of building a brand with heart – B S Nagesh

B S Nagesh shares insights into his journey of writing ‘Serve’, discusses the book’s content, highlights its key messages, and more Bengaluru: B S Nagesh founded Shoppers Stop in 1991, bringing the concept of modern retail to India more than a decade ago. Now, his journey and the principles that shaped his leadership are encapsulated in his recently published book ‘Serve: Business from the Heart – The Shoppers Stop Way’ .  The book, which has been co-authored by Ritu D Ferrao , bridges a long-standing gap by offering an insider’s perspective on the evolution of one of India’s first department store chains. “This is not an autobiography—it is a fictional narrative. It tells the story of Shoppers Stop, a brand’s journey in India, through my perspective. It is about building a brand with heart,” says Nagesh.  ‘Serve’ is centered on the values of inclusion, service, and giving back. It starts with the anthem played at Shoppers Stop every day at 10:45 AM, which represents ...