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COVID-19

Shops and markets, except those in containment zones, to open from Monday

All shops and markets except those located in containment zones will open from Monday, more than 50 days after the countrywide lockdown was announced to combat the coronavirus pandemic. Barber shops, salons and spas will also start functioning in...

E-tailers welcome move to allow non-essential sales in red zones

E-commerce players on Sunday welcomed the government's decision to allow the delivery of non-essential items in the red zones across the country. The new guidelines for lockdown 4.0 announced by the Ministry of Home Affairs (MHA) paved the way for...

Retailers upset over no govt support

Finance Minister Nirmala Sitharaman may have announced all relief and reform measures as part of the Rs 20 lakh crore economic package to tide over the coronavirus crisis, but a major segment of the economy - the retailers and...

Hotel, restaurant players displeased with package, seek urgent support

The hospitality sector and restaurants have been among the worst hit due to the pandemic and the nationwide lockdown, but to their displeasure, there was nothing specific for the sectors in the mega economic package announced by Finance Minister...

Reliance Retail's success in JioMart could change industry dynamics: Jefferies

Reliance Retail's success in new commerce platform, JioMart could alter the industry dynamics, but execution holds the key and there are challenges, according to brokerage firm, Jefferies. "We see the grocery opportunity as huge and own-label introduction as the next...

Agri package to help farmers, strengthen food processing linkages, stop wastages: ITC & Dabur

FMCG majors ITC and Dabur welcomed the third tranche of economic stimulus package worth Rs 1.63 lakh crore announced by the government for farm and allied sectors, saying it would empower farmers, strengthen agri-food processing linkages and enable demand-driven...

COVID-19 to have long-term positive impact on e-commerce, says GlobalData

E-commerce is playing a critical role in the fight against COVID-19, with online retailers experiencing a flood of orders from customers confined to their homes, says GlobalData, a leading data and analytics company. GlobalData’s recent report, COVID-19 Impact on E-commerce,...

Bata India implements reopening strategy as Government eases lockdown restrictions

Amid the COVID-19 lockdown, fashion businesses are searching for ways to continue to carry out regular business. With central and state governments expected to impose strict regulations on non-essential retail when allowing them to reopen to limit the spread...

How retail industry is preparing to resume operations after lockdown

Not so long-ago various analysts and industry experts were of the opinion that the Indian retail industry would grow to US$ 1400 billion by FY24. The e-commerce market too was estimated to grow to US$ 98 billion in FY24....

Zomato to layoff around 13 pc employees due to COVID-19 impact

Online restaurant guide and food ordering platform Zomato on Friday said it is going to layoff around 13 per cent of its workforce on account of the impact of COVID-19 pandemic. The company has around 4,000 employees in different roles. In...
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Raymond Lifestyle shares make market debut post demerger; hit lower circuit level

The stock got listed at Rs 3,000 on the BSE. Later, it climbed 3.33 per cent to Rs 3,100...
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