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RapidRetail's new store in Ujjain aims to strengthens Patanjali’s brand connect

The megastore will have a dedicated Vaidya (medical service provider) who will treat patients free of cost and a Divya Pharmacy that stores the complete range of

June 18, 2018  |  comments ( 0 )  | 

Major Brands brings Bath & Body Works to India

The first two Bath & Body Works stores will open in India in New Delhi's Select City Walk and DLF Mall of India (Noida) followed by Ambience Mall Gurgaon. The Mumbai

June 12, 2018  |  comments ( 0 )  | 

PremjiInvest invests Rs 1,700 cr on Future Retail, buys 6%

The largest in brick-and-mortar retail appeared in the Wednesday reports of a financial daily. After the transaction, Sunil Mittal-led Bharti will still own 3% in the

June 08, 2018  |  comments ( 0 )  | 

Amazon Transportation Services sees revenue rise of Rs 996 cr in 2017 fiscal

Losses for the entity increased to Rs 16 crore from Rs 9 crore. The entity saw a significant increase in delivery expenses to Rs 594 crore from Rs 327 crore.

June 05, 2018  |  comments ( 0 )  | 

Zomato launches service in Lucknow and Ludhiana

The firm has tied up with 1000 restaurants across the two new cities including legendary restaurants, favourites, Quick Service Restaurants (QSRs), and new cafes.

June 02, 2018  |  comments ( 0 )  | 

Walmart launches new delivery service to challenge Amazon Prime

The service also allows shoppers to order items from Walmart.com and even websites of rival retailers. It is a part of Walmart's internal start-up incubator, Store No. 8.

June 01, 2018  |  comments ( 0 )  | 

E-wallet company PhonePe registers 100 mn users

An annual run rate is calculated based on the current month's volume of payments that a particular payments firm has processed.

June 01, 2018  |  comments ( 0 )  | 

IKEA selects UrbanClap as its furniture assembly partner in India

As a furniture assembly partner, UrbanClap said it will offer skilled and experienced professionals to IKEA customers for unpacking and assembling the furniture in 90

May 25, 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 )  | 

Report says retail sector has attracted Rs 5,500 cr PE since 2015

The steady increase in interest from private equity investment companies has propelled developers of retail malls to re-evaluate their portfolio to include of 3

May 23, 2018  |  comments ( 0 )  | 

Paytm Mall Adds New services to Online offerings Amid Growing Competition

The company will offer EMIs of Rs 1,000 crore across two million products from 60 brands. It will also offer easy exchange across 7,000 pin codes and affordable device

May 21, 2018  |  comments ( 0 )  | 

Myntra To Launch Its Exclusive Red Carpet Line

Myntra recently has partnered with over 2000 leading fashion and lifestyle brands in the country such as Nike, Adidas, Puma, Levis, Wrangler, Arrow, Jealous 21, Diesel,

May 18, 2018  |  comments ( 0 )  | 

Arvind Internet plans To Extend its omnichannel services overseas

In October last year, Arvind Internet started providing technological and back-end support to large brands for scaling their businesses across multiple channels — brick

May 15, 2018  |  comments ( 0 )  | 

Foxconn unit writes off another $40 million in Snapdeal investment

The latest write down comes about nine months after the Hong Kong-listed unit of the Apple iPhone manufacturer announced that it had undertaken an impairment loss of $160

May 15, 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 )  |