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GST refund adversely effects Small biz exports

As per the data reveal by RBI micro, small and medium enterprises witnessed slump in credit even before demonetization and GST has not improved the situation.

August 18, 2018  |  comments ( 0 )  | 

Walmart India to add 1,000 employees to strengthen its tech operations

Walmart has about 1,800 employees in technology operations in Bengaluru and Gurgaon and currently. The company is planning to increase the headcount and driving more

August 06, 2018  |  comments ( 0 )  | 

UPI transactions fall 4% on round tripping curbs, PhonePe beats Paytm to claim Ist spot

The payments systems of the country NPCI, in July had asked to end transactions originating from different UPI apps with the debit and the credit happening in the same

August 02, 2018  |  comments ( 0 )  | 

Flipkart introduces'Plus' service' to counter Amazon's Prime service

Unlike Amazon's Prime service, Flipkart Plus won't be a paid programme but will bring along many offers like free delivery, early access to sale events like Big Billion

August 01, 2018  |  comments ( 0 )  | 

Shoppers Stop appoints Uma Talreja as chief marketing officer

This is Talreja’s starts second journey with Shoppers Shop after her five-year stint that ended in 2007.

July 31, 2018  |  comments ( 0 )  | 

Reliance Retail goes online to fight Flipkart, Amazon

Reliance Retail, which is the country’s largest brick-and-mortar retail chain, has launched an online shop front for its smartphone and electronics format Reliance

July 30, 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 )  | 

Yaantra sells 500k refurbished smartphones

Recently Yaantra has launched doorstep repair service in Delhi-NCR, and extended this service to Bengaluru, Pune, Chennai and other neighbouring areas.

July 19, 2018  |  comments ( 0 )  | 

Milkbasket launches voice buying

Recently, Milkbasket had raised its Series A funding of $7 Million from Kalaari Capital and BeeNext which it has marked for bringing logistical efficiencies and last mile

July 18, 2018  |  comments ( 0 )  | 

Grofers to enter FMCG segment; targets Rs 2,500 crore sales in FY19

Grofers' range of private label is priced approximately 5 to 50 per cent lower than the market price for popular brands in these categories, it claimed.

July 18, 2018  |  comments ( 0 )  | 

Panasonic India aims aggressive growth

The company also plans to strengthen its sales network by increasing its retail outlets from 7,500 to 12,000 stores by 2020.

July 13, 2018  |  comments ( 0 )  | 

Reliance to focus on last-mile delivery, customer experience for its e-com biz

The key focus for the company will be on speed and the ability to deliver the right products with minimum errors, the source said.

July 10, 2018  |  comments ( 0 )  | 

A.O. Smith doubles its Water Purifiers business

The company aims to expand across the country with presence in 46 cities

July 05, 2018  |  comments ( 0 )  | 

Reliance Jewels launches premium flagship outlet in Ahmedabad

Reliance Jewels currently has 77 showrooms across 47 cities and is expanding exponentially.

July 02, 2018  |  comments ( 0 )  |