Wed, Dec 18, 2024
Global e-commerce giant Amazon on Wednesday exited retail chain Shoppers Stop by selling a 4 per cent stake in the company for Rs 276 crore through an open market transaction.
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Mon, May 27, 2024
High Street Essentials, the makers of fashion brand Indya, on Monday announced a Rs 50-crore fund-raise from JSW Group chairman Sajjan Jindal's wife, Sangita Jindal, and other investors.
Mon, Apr 29, 2024
The company had posted a consolidated net profit of Rs 14.26 crore in the same period a year-ago, Shoppers Stop said in a regulatory filing. Consolidated revenue from operations during the quarter under review stood at Rs 1,046.34 crore as against Rs 923.90 crore in the corresponding period of the previous fiscal.
Thu, Jan 18, 2024
The company had posted a net profit of Rs 62.74 crore in the October-December period a year ago, according to a regulatory filing from Shoppers Stop.
Fri, Aug 25, 2023
Venu Nair, Managing Director and Chief Executive Officer of the Company has tendered his resignation, effective from the close of business hours of August 31, due to personal reasons, to enable him to spend more time with his family and explore other options.
Tue, Jul 25, 2023
Its total expenses in the June quarter were at Rs 980.92 crore, up 6.43 per cent.
Mon, Jan 23, 2023
Q3 Results 2023: Poonawalla Fincorp Limited on Monday reported an 88 per jump in net profit to Rs 150 crore for the third quarter ended December 2022.
Tue, Jul 26, 2022
Q1 Results FY2023: Several listed companies on Tuesday announced their April-June quarter results. Among them were engineering and construction conglomerate Larsen & Toubro (L&T), Union Bank of India, Shoppers Stop and India Grid Trust which announced their earnings results
Fri, Jan 21, 2022
Shoppers Stop rallied more than 17 per cent in intraday trade to hit a fresh 52-week high of Rs 425 on the BSE after the retail major reported a consolidated net profit of Rs 77.32 crore for the third quarter ended December 2021.
Thu, Oct 21, 2021
On the BSE, the shares of Shoppers Stop Ltd after opening the trade in the green further jumped 20 per cent to close at its 52-week high of Rs 336.65. While it zoomed 20 per cent to close at its 52-week high of Rs 336.70 on the NSE.
Wed, Sep 01, 2021
The shares of Shoppers Stop on Wednesday surged over 6 percent intraday and was trading around 1.5 percent at 10:51 am after the company said that it has closed the sale of a controlling stake in its wholly-owned subsidiary Crossword Bookstores.
Tue, Dec 17, 2019
Shopper Stop is embarking on a programme to fulfil our customers' need. Some time back, we did research, in which the customers informed that they would like to see new brands in India and have a better shopping experience here. Keeping the same in mind, we designed two concepts (i) with a company in London Dalziel and Pow and (ii) Schwitzke in Duesseldorf.
Tue, Feb 26, 2019
E-commerce rules that went into effect in India on February 1 has caused widespread disruption for Amazon.com as Shoppers Stop has delisted all its products from the Amazon India site.
Sat, Jan 13, 2018
As part of the deal, Shoppers Stop will have an exclusive flagship store on the Amazon marketplace
Sun, Dec 24, 2017
Key Highlights:
Mon, Sep 25, 2017
On September 23, Shoppers Stop stated that Amazon's investment arm will acquire 5% stake in the company aggregating up to Rs 179.26 crore. Analysts are quite optimistic about the deal and the company in coming days.
Sun, Sep 24, 2017
This week say Aditya Birla Group shut down e-commerce site Abof and move back to its offline retail business, while Amazon acquired stake in Shoppers Stop in exchange for offline presence.
Wed, Jun 29, 2016
The bill will allow women to work during night time in such offices with mandatory cab services and other workplace facilities for them.
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