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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 )  | 

Report says online platforms capture 38% smartphone sales in India

Xiaomi led online platforms with a share of 57 per cent during Q1 2018, followed by Samsung (14 per cent) and Huawei (Honor) (8 per cent).

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 )  | 

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 )  | 

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 )  | 

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 )  | 

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 )  | 

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 )  | 

GSK exploring merger

40% tax liability in India would cost GSK $ 1.6 billion. The company has decided to sell Indian entity entirely instead of selling the Horlicks brand to the potential

May 24, 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 )  |