Puneet Kapani
Puneet Kapani
Timex Group has announced its partnership with the retail entity Timehut as an authorised online retailer for its leading brands today. Through this partnership, Timehut will be authorised to sell all the brands under Timex Group across various e-commerce portals such as Flipkart, Amazon, Myntra, Ajio, Tata Cliq as well as brand’s owned channels. This will help Timex India to have control and grow marketplace across channels.
In an interaction, Sharmila Sahai, MD, Timex shares more about the deal, future strategies and a lot more.
One India One Gold Rate
In India, all leading jewellers procure gold from the same banks at the same international rates. On top of this, they pay the same duties and taxes to the government authorities. And yet customers in different states pay different rates for gold even though they are buying a commodity of standard quality. The only reason for this is rate fixation by local and regional industry bodies.
