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Snapdeal's Jason Kothari quits to join Infibeam

Kothari will join Infibeam as its President, leading the strategy, corporate development, international operations and investor relations functions.

June 15, 2018  |  comments ( 0 )  | 

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 )  | 

Sri Sri lines up Rs 200-cr investment to beat Patanjali

The new entrant in Ayurveda and herbal products field will spend this amount on mass media advertising, outdoor campaigns and below-the-line marketing across the country

June 08, 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 )  | 

Arvind to invest Rs 1,500 cr in 3 yrs to raise garment output

The company has listed states like Gujarat, Karnataka, Jharkhand and Andhra Pradesh for setting up of large factories which can employ 10,000 workers. The development

June 08, 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 )  | 

Whirlpool plans to acquire 49% in Elica PB

The transaction is expected to close in the second half of 2018, as per a media release. The parent companies of both the Indian entities will be filing for regulatory

June 04, 2018  |  comments ( 0 )  | 

CAIT files complaint with ED against Flipkart

In its complaint with ED, CAIT said that Flipkart in the guise of operating under a marketplace model is actively engaged in the inventory-based model of e-commerce.

June 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 )  | 

ED attaches Rs 177 crore assets in Rotomac case

As per the bank, conspirators had cheated a consortium of banks to the tune of Rs 3,695 crore, including the interest component. The principal amount involved is Rs 2,919

May 30, 2018  |  comments ( 0 )  | 

Ferrero to invest Rs 2,000 cr, to beef-up distribution network

Brands like Ferrero Rocher, Kinder, Tic Tac and Nutella operated by Ferrero is considering to get into the affordable segment in the sugar confectionery with value-based

May 28, 2018  |  comments ( 0 )  | 

Walmart India, Flipkart top executives meet CCI

The meeting convened after the Walmart's approach to CCI for the approval of its proposed acquisition of a majority stake in e-commerce major Flipkart.

May 24, 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 )  | 

Online Grocery Startup Milkbasket Raise $7 Mn Series A Round

In previous raises, the company had raised $3 million in a pre-series A funding from Unilever ventures and others in January 2018.

May 22, 2018  |  comments ( 0 )  | 

H&M Framing Plans for Increased Garment Sourcing From India

The brand has been sourcing home textiles from India for nearly three decades for its global clientele.

May 22, 2018  |  comments ( 0 )  |