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Showing 1 - 15 News out of 301

Ecommerce to contribute 11% of FMCG sales by 2030: Nielsen

Presently e-commerce accounts for 1.3% of the total FMCG sales and it is gaining traction very fast.

November 15, 2018  |  comments ( 0 )  | 

Nestle eyes 3 per cent sales growth

Food group Nestle confirmed it wants to grow sales by around 3 per cent this year after strong trading in North America and China pushed up underlying sales in the third

October 18, 2018  |  comments ( 0 )  | 

Paytm may acquire UCWeb’s India biz

UC Browser has a strong foothold in Vietnam, Indonesia, Russia and its home turf, China.

October 12, 2018  |  comments ( 0 )  | 

Samsung opens its largest store in India

Samsung Electronics Co Ltd has opened its biggest mobile store in the world in India as the part of strategy to take lead position in the world's second-biggest

September 12, 2018  |  comments ( 0 )  | 

Samsung opens its largest store in India

Samsung Electronics Co Ltd has opened its biggest mobile store in the world in India as the part of strategy to take lead position in the world's second-biggest

September 11, 2018  |  comments ( 0 )  | 

Counfreedise Retail Services ties up with Circle Tech

Counfreeside and HongKong Circle Tech pave the way for China's entry into Indian retail directly.

August 27, 2018  |  comments ( 0 )  | 

Mitashi mulling doubling sales to Rs 1,000 crore in 3 yrs

Homegrown consumer durables firm Mitashi aims to double its turnover to Rs 1,000 crore over next three years as the part of growth strategy.

August 20, 2018  |  comments ( 0 )  | 

ShopClues raises US $16 million

The company is expecting break-even by upcoming festive season.

August 13, 2018  |  comments ( 0 )  | 

Gome yet another Chinese brand plans to foray India

Gome Electronics India which is a fully-owned subsidiary of Gome Telecom Equipment, part of the Hong Kong listed Gome Retail Holdings has over 1,700 stores in China.

August 10, 2018  |  comments ( 0 )  | 

US payment firms, Paytm face off in data storage debate

The Reserve Bank of India (RBI) in April directed payment firms to store data locally for “unfettered supervisory access” a move companies such as Visa, Mastercard

July 25, 2018  |  comments ( 0 )  | 

Retailers Carrefour and Tesco join forces in a strategic alliance

The alliance, which will be formally agreed in the next two months, will exclude fresh food products, while each company will continue to work with supplier partners at a

July 02, 2018  |  comments ( 0 )  | 

Alibaba to invest over 100 bn yuan on smart logistics

Executive Chairman of Alibaba Group, Jack Ma made the announcement at the 2018 Global Smart Logistics Summit in Hangzhou, China.

June 02, 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 )  | 

Coca-Cola's legal and HR heads step down

Both officials were part of the leadership team at the beverage maker.

May 29, 2018  |  comments ( 0 )  | 

Amazon in talks to buy 10% stake in Future Retail

The move comes close at the heels of Walmart's $16 billion payout to acquire 77% of Flipkart India’s largest e-commerce firm. Walmart is Amazon’s biggest rival in the

May 23, 2018  |  comments ( 0 )  |