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Amazon may open more than 3,000 cashierless stores by 2021

The Amazon Go store has no cashiers and allows shoppers to buy things with the help of a smartphone app.

September 20, 2018  |  comments ( 0 )  | 

Samara-Amazon acquires Kumar Mangalam Birla's More retail chain

Samara acquired majority 51% in Kumar Mangalam Birla’s ABRL while Amazon's investment arm, Amazon.com NV Investment Holdings LLC, the balance 49%.

September 20, 2018  |  comments ( 0 )  | 

Baba Ramdev's Patanjali launches dairy products

The company expects to generate Rs 1,000 crore revenue by 2020

September 14, 2018  |  comments ( 0 )  | 

Flipkart Fashion to bank on private labels to increase market share

With Flipkart Fashion expect to witness 100% growth over next few months.

September 10, 2018  |  comments ( 0 )  | 

Spykar Lifestyle promotes Sanjay Vakharia as the company’s CEO

Amongst the top 3 denim brands in India, Spykar has 220 standalone stores across 140 cities and over 700 SIS (shop in shops) and 700 multi brand outlets across 350 cities

September 06, 2018  |  comments ( 0 )  | 

Grofers eyes over Rs 2,500-cr revenue in FY19

Presently, the company has a monthly revenue run rate of about Rs 150 crore (translating into Rs 1,800 crore for the year).

August 27, 2018  |  comments ( 0 )  | 

Flipkart Launches ‘Flipkart Supermart’, Its Online Grocery Store

Flipkart has announced the launch of Flipkart Supermart its grocery store, in all major pin codes of Bengaluru with plans to expand to 5 - 6 major cities by the end of

August 10, 2018  |  comments ( 0 )  | 

GST slab of 28% may become virtual "hollow shell" in year or so:CEA

The all-powerful GST Council comprising state finance ministers and headed by Union Finance Minister has pruned the highest 28 per cent slab by cutting tax rates on 191

July 26, 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 )  | 

Bata India reports 37% rise in Q1 2018-19 Net profit to Rs 82.6 crore

The number is not comparable to previous period because of introduction of GST from July 2017.

July 21, 2018  |  comments ( 0 )  | 

Shoppers Stop betting big on omni-channel strategy

The company said it believes that more consumers across the country will discover Shoppers Stop through its digital shopping channels.

July 16, 2018  |  comments ( 0 )  | 

LEGO partners with Amazon to bring back the iconic 'Taj Mahal'

The products will also be available in other select stores pan India.

July 12, 2018  |  comments ( 0 )  | 

Amazon Prime Day returning back on 16th July

It will feature products across different categories with deals and offers through 16th -17th July 2018.

July 07, 2018  |  comments ( 0 )  | 

Amazon to acquire online pharmacy PillPack

Privately-held PillPack provided online medication to the patients who take multiple daily prescriptions and delivers orders in pre-sorted dose packaging and coordinates

June 29, 2018  |  comments ( 0 )  | 

Maharashtra govt exempts retail packaging from plastic ban ambit

Environment minister Ramdas Kadam stated that the decision was taken by an empowered committee on Wednesday that retail packaging of not less than 250gm will be allowed

June 28, 2018  |  comments ( 0 )  |