The "euphoria" over the scorching pace of e-commerce market in India will last about 18 months as things begin to settle down and "reality" sets in, says a PTI report quoting the Future Group chief Kishore Biyani.
Future Lifestyle Fashions (FLFL) today said its board has approved issue of equity shares as well as compulsory convertible debentures (CCDs) on preferential basis to raise nearly Rs 175 crore, says a PTI report.
This new crop of rural liberators aka companies are not just helping the unemployed rural youth get jobs but bringing to light huge reservoir of a resourceful catchment that was untapped hitherto, and thus balancing the economy.
With the retail houses experiencing down turn in sales, corrective measures are in offing. Brands plan to convert their stand-alone retail format to shop-in-shop format. What makes them adopt this format, Sharmila Das takes a look!