As cryptocurrency continues to rise, its impact on traditional payment methods, like credit and debit cards, is becoming a hot topic. With Bitcoin reaching record highs and businesses like Trump Media & Technology showing interest in crypto payments, more consumers are eager to use digital currencies for their purchases. The holiday season is also sparking ...
As cryptocurrency gains traction, the question arises: could it eventually replace credit and debit cards? While Bitcoin recently hit a record high, widespread adoption remains uncertain. However, businesses like Trump Media & Technology are exploring crypto payment options, reflecting a growing interest among consumers during the holiday season. Instant crypto payments can simplify transactions, particularly ...
 "Candytoy Corporate partners with Reliance Retail, expanding candy toy supply to 1,400 stores, poised for rapid growth and potential IPO.")
Candytoy Corporate, a prominent manufacturer of candy toys based in Indore, has teamed up with Reliance Retail to supply confectionery toys across 1,400 of its stores. The partnership, recently initiated, aims to have at least 200 stores operational by Diwali, generating a revenue run rate of Rs 2 crore per month. The company specializes in ...
 "Carrefour aims to expand in India with a cluster format, exploring quick commerce partnerships for enhanced retail presence.")
Carrefour is gearing up for expansion in India by adopting a cluster format and exploring quick commerce opportunities. In an exclusive interview in Mumbai, Patrick Lasfargues, Carrefour’s International Partnership Executive Director, and Nilesh Ved, Chairman of the Apparel Group, discussed their strategic plans for the Indian Market. Currently, Carrefour operates 14,000 stores across 40 countries, ...
 "Lighthouse Advisors sells a stake in V2 Retail for Rs 85 crore, while Motilal Oswal Mutual Fund purchases shares amid market fluctuations.")
Lighthouse Advisors, a private equity firm, recently sold a 2% stake in V2 Retail for Rs 85 crore through an open Market deal. The sale involved over 734,000 shares at an average price of Rs 1,160 each, reducing Lighthouse’s holding in V2 Retail from 6.36% to 4.24%. Following this transaction, shares of V2 Retail rose ...
 "Bina Modi defends closing retail brand 24Seven amid family tensions, as Godfrey Phillips shifts focus amid boardroom drama.")
Godfrey Phillips India Ltd Chairperson, Bina Modi, recently defended the decision to close the retail division ’24Seven’, originally created by her son, Samir Modi. During the company’s annual general meeting, she emphasized the move’s alignment with the strategy of focusing on core business strengths. Earlier, a court lifted an injunction that had temporarily blocked this ...
 "Sebi plans strict derivative rules to curb risky retail trading, increasing costs and limiting options to enhance market stability.")
India’s Securities and Exchange Board of India (Sebi) is set to introduce stricter rules for derivatives trading to protect retail investors from speculation risks. The new regulations will limit options contract expiries to one per exchange each week and raise the minimum trading amount to between Rs 15 lakh and Rs 20 lakh, increasing the ...
 "Adani Enterprises Makes Bold Retail Bond Debut Amid Controversy")
Adani Enterprises has successfully launched its first retail bond, fully subscribed on its debut day. This move marks a significant return to the capital markets for the Indian conglomerate, which faced scrutiny following allegations by Hindenburg Research that impacted its share prices. The company aims to raise up to Rs 800 crore ($95.32 million) through ...
 "Raymond Lifestyle Set to Launch Stock Listing and Expand Retail Footprint")
Raymond Lifestyle Ltd is set to be listed on the stock exchanges on September 5, following the demerger of its retail and lifestyle businesses. The company plans to open 900 new stores over the next three years and aims for a 15% compound annual growth rate (CAGR) to secure a 7% Market share in the ...
 "Seven & i Holdings: The Retail Giant’s Bid for Transformation Under Pressure")
Seven & i Holdings Co., a diverse global retailer known for its various businesses like 7-Eleven, is currently facing a buyout proposal from Canada’s Alimentation Couche-Tard Inc. Originally a clothing store, Seven & i transformed into a major player in retail by introducing 7-Eleven in Japan, which now boasts over 21,000 locations. With pressures from ...
