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Showing 1 - 15 News out of 298

Harsimrat Kaur Badal asks ministry to relax restrictions over Amazon's food plans

Despite having state of the art resources Amazon has not been able to utilize them for food retailing venture due to policy hurdles.

June 14, 2018  |  comments ( 0 )  | 

Flipkart India Cuts losses to Rs 244.7 crore in 2017 Fiscal

Locked in an intense battle for market leadership against American rival Amazon in India, Flipkart had recently inked an agreement with Walmart.

May 17, 2018  |  comments ( 0 )  | 

Panasonic Indian Ropes In Manish Misra As Chief Innovation Officer

Panasonic’s Innovation hub is focused towards creating an ecosystem for the company to shape the future product strategy, and enable in digital transformation.

May 08, 2018  |  comments ( 0 )  | 

Walmart India cuts losses by 27% in FY17

The company posted a loss of Rs 75 crore for FY17. It also witnessed a 10% revenue growth for the fiscal ending March 2017 as compared to previous 12 months.

May 07, 2018  |  comments ( 0 )  | 

Amazon India launches Weavesmart For Handloom Promotion

Amazon.in has partnered with various government bodies such as DC Handlooms and Gujarat Tribal Development Dept. to onboard 1100 plus weavers/cooperatives/artisans in 11

May 04, 2018  |  comments ( 0 )  | 

CAIT Shows Disagreement over Union E-commerce Policy

CAIT said that the e-commerce market in India due to ill-designed business practices adopted by various leading e-commerce players with a single motto of controlling and

May 03, 2018  |  comments ( 0 )  | 

Snapdeal Net Loss Increases To Rs 4,647 Cr In 2016-17

The company's total income also declined by 12.6 per cent to Rs 1,291.3 crore in FY2017 from Rs 1,478.2 crore in the previous year.

April 30, 2018  |  comments ( 0 )  | 

Ikea promises up to Rs 2,000cr investments for West Bengal

Ikea has planned to open up to 2 stores in the state entailing an investment of up to Rs 2,000 crore.

April 30, 2018  |  comments ( 0 )  | 

Aditya Birla Group plans to sell 15-20% Stake in Idea Payments Bank

The payments bank, in which group companies Idea Cellular and Aditya Birla Nuvo own 51% and 49%, respectively, will use the money to expand it’s Aoperations.

April 20, 2018  |  comments ( 0 )  | 

BigBasket's wholesale arm generates Rs 1,176 cr Turnover In 2017 Fiscal

The company recently closed a $300-million round led by Alibaba.

April 07, 2018  |  comments ( 0 )  | 

Aditya Birla Group To Issue Rs 2,800 Cr Equity For Debt Weigh Down

ABRL, the operator of More supermarkets, reported a 20% increase in FY17 sales to Rs 4,194 crore, with net loss narrowing to Rs 644 Cr.

March 31, 2018  |  comments ( 0 )  | 

BigBasket's wholesale arm generates Rs 1,176 cr Turnover In 2017 Fiscal

The company recently closed a $300-million round led by Alibaba.

March 29, 2018  |  comments ( 0 )  | 

Germany's Audi to Hike Prices By 4% In India Post Customs Duty Increase

With this price hike, prices of Audi cars will rise in a range of Rs 1 lakh to Rs 9 lakh.

March 17, 2018  |  comments ( 0 )  | 

Actis Leads $82 mn Investment In Sequoia-backed Pine Labs

Pine Labs has developed a cloud-based payments platform, which allows merchants to accept traditional electronic payment methods such as credit or debit cards, e-wallets,

March 13, 2018  |  comments ( 0 )  | 

Trent Raises Rs 100 Cr To Refinance Loans

The rating signifies very strong degree of safety with respect to timely payment of financial obligations.

March 06, 2018  |  comments ( 0 )  |