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Punish Amazon with Rs 1.44 lakh crore penalty: CAIT to ED

The Confederation of All India Traders (CAIT) has asked the Enforcement Directorate to immediately punish Amazon for the brazen violations...

In Bezos vs Ambani battle, focus on disclosures by Amazon

In the Jeff Bezos vs Mukesh Ambani battle royale for the Indian retail market, which is now also evolving into...

H&M to expand physical stores in India

Swedish apparel retailer H&M will continue to expand its physical stores in India although it is closing down 250 stores...

Future Group seeks mediation over Amazon's legal notice

US online retailer Amazon.com Inc has slapped a legal notice on Future Group, alleging that the retailer's Rs 24,713 crore...

Increasing local sourcing; in dialogue with stakeholders for collaboration: IKEA India CEO

IKEA is steadily increasing its local sourcing footprint in India and has achieved 20 percent localised sourcing within the first...

Swedish furniture retailer IKEA to adopt omnichannel approach for expansion in India

The COVID-19 pandemic has slowed down Swedish furniture retailer IKEA's expansion plans in India but the company is adjusting to...

Loans of over Rs. 25,000 crore & a crore jobs at stake as hundreds of shopping centres face closure

The Indian Shopping Centre Industry is reeling under the pressure of repayments to banks, even as revenue streams dry up...

Fashion E-commerce Start-ups: Challenges in the Indian scenario

With the growth of the Internet over the past few years, the e-commerce sector has seen a major shift in...

India's organic food market growing at 17 pc annually: Harsimrat Kaur Badal

India's organic food market is growing at 17 percent annually and has the potential to grow at a faster pace...

Deloitte Global Powers of Retailing Report shows an Indian retail brand lead the fastest 50 list

Deloitte Global released the 23rd edition of its Global Powers of Retailing 2020 this week. The report shows that Reliance...

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Havells India Q1 net profit up 42% at Rs 407.51 crore

The company had posted a consolidated net profit of Rs 287.07 crore in the same quarter last fiscal New Delhi:...