Adidas receives green signal from the government for FDI in retail
1Min Read
Adidas is planning to open around 30-50 company -owned stores across the major cities of the country by 2020.
FDI
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Lenovo opts for single-brand retail license to open company-owned showroom
1Min Read
Lenovo-Motorola combine sold around 10 million units last fiscal, accounting for nearly 10 per cent share in total smartphone sales of 103 million units.
24X7 shops may spark cultural degradation in the country: TNCCI
1Min Read
TNCCI has showed its concern if the states adopt the bill then small retail trade units will be taking an exit route.
Apple is no hurry to its retail store in India; Wants a clear picture on sourcing norm
1Min Read
When these amendments were rolled out, experts felt that it is a profitable deal for Apple. But Apple was not so convinced with these amendments.
LeEco gears up for business expansion in India
1Min Read
The company has taken a firm to decision of business expansion in major cities in India once it gets approval under single brand retail (SBR) license.
Why road for Apple is full of bummers in India?
2Min Read
As per a recent news, the Foreign Investment Promotion Board (FIPB) has rejected Apple's plea of exclusion of sourcing devices in the country.
How are Modi-fied efforts boosting Retail?
2Min Read
Anuj Puri of JLL talks about the impact of new government's initiatives in betterment of retail and what more is expected.
Start-ups say Modi's Action Plan Propelling Growth
4Min Read
Prime Minister Narendra Modi's policies and laws related to eCommerce, under his 'Start-Up India, Stand-Up India' initiatives have been well received by the start-up community.
FDI: Pleasant Surprise or Bolt Out of the Blue?
4Min Read
The long awaited but recent guidelines from DIPP on FDI in eCommerce came as a pleasant surprise for some, a boost and encouragement for some and of course a bolt out of the blue for many.
44% hike in FDI since June 2014: Nirmala Sitharaman
1Min Read
Due to the continuous reforms and initiatives being undertaken by the government, the FDI equity inflow has recorded a growth of 44 per cent in its 21 months tenure (June 2014 to February 2016).
Post FDI, retailers call for level playing field in eCommerce
3Min Read
Observing adamant stand from the eCommerce players in complying with the recent FDI clarification, leading retailers of the country call for level playing field with immediate enforcement of law.
What 100 per cent FDI in marketplace model spell for eComm companies?
2Min Read
While some believe that restructuring of eComm business models will take time, malls happy as GPI clears ambiguity.
Is the quest for FDI nothing but a ploy to give backdoor entry to int. brands?
2Min Read
Here are some of the after-effects of permitting 100 % FDI in e-Commerce and why it is a lose-lose scenario for Indian eRetailers:
Bigbasket should be shut immediately as per new norms: Biyani
1Min Read
As the government clarified that foreign direct investment (FDI) is not allowed in inventory-based eCommerce, Future Group CEO Kishore Biyani pointed out to one of the country's leading online grocers, Bigbasket.
Central government permits 100% FDI in e-commerce trading
3Min Read
However, given the guidelines by the Department of Industrial Policy and Promotion (DIPP), foreign direct investment is yet not permissible in the inventory-led e-commerce models.
Apple re-submits application to open company-owned stores in India
1Min Read
DIPP has asked the company to re-submit the application due to the incomplete information and its fresh application is now under procedure by the department.
Budget Highlight: A Whooping 100% FDI in processed food retailing
1Min Read
This move will surely boost retailers such as Walmart, IKEA, Tesco, Marks & Spencers and many others as they are aggressively moving towards setting up food-only retail joints.
Union Budget 2016: Industrialists insist slash in Corporate Tax & hike in Excise Duty
2Min Read
As Union Budget 2016 is around the corner, main expectation of city industrialists and businessmen is a hike in the excise duty limit, taking it up to Rs5 crore and a reduction of corporate tax from 30% to 20%.
Here's the retail industry wish list for Budget 2016
2Min Read
Most Retail players want a balanced Budget that broadens and pushes the overall economic growth, including cutting down on multiplicity of taxes and allowing FDi in multi brand retail.
Here are the budget expectations from the eCommerce sector!
2Min Read
Exempting start-ups from taxes, making expansion easy, lowering the formalities among some of the most expected budget stands. Read on...
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