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Showing 1 - 15 News out of 662

Pressure cooker to crockery, IKEA plans to go local with designs

IKEA has expressed concerns about the price-conscious buyers in India and Engman maintained that pricing could be a major challenge here.

June 22, 2018  |  comments ( 0 )  | 

Ananda Dairy expands in Delhi/NCR; opens 200 new outlets

Ananda is aiming to give its consumers a holistic experience, by opening up the company's entire fresh and wide dairy produce range, including confectionary and bakery

June 04, 2018  |  comments ( 0 )  | 

Increasing crude oil prices to make ACs, fridge & microwave costlier soon

The industry had benchmarked the rupee at Rs 66 against the dollar in its existing pricing strategy, but it’s currently hovering over Rs 67, having depreciated by 7%

May 30, 2018  |  comments ( 0 )  | 

ED imposed Rs 14-crore penalty on Videocon, 6 group companies in 2017

The order passed by ED on May 26 last year but previously not reported assumes significance since the inquiries revolved around loans disbursed and investments made by

May 28, 2018  |  comments ( 0 )  | 

Flipkart launches 5th handbags and footwear private label brand 'Cara Mia'

Cara Mia is the fifth private label from Flipkart Fashion, after the already established Divastri a private label for women ethnic wear, Metronaut a private label for the

May 21, 2018  |  comments ( 0 )  | 

PE Firm L Catterton Invests Rs 170 Cr in Future Lifestyle Fashion

FLF, which is the largest department store chain in the country has Central, Brand Factory and more than a dozen brands including Indigo Nation and Lee Cooper operating

May 19, 2018  |  comments ( 0 )  | 

Cricketer DJ Bravo brings his apparel brand to India

Bravo has agreed to his investment plans with the launch of his official merchandise under the brand 'DJ Bravo 47' recognizing a huge fan following in India

May 18, 2018  |  comments ( 0 )  | 

Digit Insurer To Cover Mobiles, Partners With E-tail Biggies

The payment mode being digital, the claims can also be settled by moving money to the customer’s account. This is one reason why the e-insurance sale is taking off.

May 18, 2018  |  comments ( 0 )  | 

Marico Limited Launches Its maiden digital exclusive brand Studio-X

As consumers evolve to a newly developed sense of styling inspired by the latest trends and celebrities, Set Wet has introduced its brand – Studio X to offer its

May 15, 2018  |  comments ( 0 )  | 

Flipkart's former employees can sell 30% of their Esops for $125-129

The company has reportedly kept aside $500 million for what will be the largest repurchase in the Indian startup ecosystem. It will take place upon closure of the deal

May 15, 2018  |  comments ( 0 )  | 

Walmart may put $ 3 bn more in Flipkart to Buy 85% stake

The Masayoshi Son-led, SoftBank group invested $2.5 billion in Flipkart in August last year through its $100 billion Vision Fund.

May 14, 2018  |  comments ( 0 )  | 

Post-Flipkart Deal Walmart Plans 50 new India Outlets in 4-5 yrs

For the cash-and-carry business, Walmart currently operates in 9 states and 19 cities and the future expansion is focused on more or less the same geographies.

May 10, 2018  |  comments ( 0 )  | 

Walmart-Flipkart May get Spared From FDI Norms

The $16-billion deal will see only $2 billion in fresh inflow into the Indian company. India allows 100% FDI in e-commerce marketplace subject to certain restrictions.

May 10, 2018  |  comments ( 0 )  | 

Deal Among Best Decisions By Flipkart: Walmart CEOWalmart CEO Calls deal the best decisions by Flipkart

Walmart's investment includes $2 billion of new equity funding that would help Flipkart to accelerate its growth pace amid stiff competition from Amazon, which is also

May 10, 2018  |  comments ( 0 )  | 

Philips gives India rights to TPV Technology To Bring Back TVs

Debt ridden Videocon was unable to sustain production of several brands due to working capital crisis and consequently the Philips television range had almost vanished

May 08, 2018  |  comments ( 0 )  |