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Festive season spend may dip by 33 percent this year: Report

Consumers spending in the upcoming festive season is likely to drop by one-third compared to last year and Coronavirus impact may further add to the woes of local retailers, according to a survey by Localcircles. Most of the consumers surveyed...

Less reason to celebrate for retailers: GST deflates festive season jubilance for SMEs in retail

The festive season in India is a time for celebration and family revelries, and the important role of gifting in our culture has always meant that it is the busiest time for retail businesses. Large volumes of products flew...
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Swiggy announces 5th ESOP liquidity programme worth $65 million

So far, the company has cumulatively enabled over Rs 1,000 crore of ESOPs liquidity over the five events, benefitting...
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