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Chai Point enters instant tea segment amid WFH trend

Tea cafe chain Chai Point has entered the instant chai category to capitalise on the ongoing work-from-home trend kickstarted by the pandemic. Mountain Trail Foods Pvt Ltd, which operates Chai Point, aims to grow the instant chai category into Rs 10 crore business...

Flipkart to focus on grocery & fashion biz, scaling loyalty program

Walmart-owned Flipkart on Thursday said it is working on scaling its loyalty programme, grocery and fashion business while continuing to invest in technology and infrastructure this year as it looks to strengthen its position in the burgeoning Indian e-commerce market. The company, which...

Haldiram’s, Futurelife partner to bring nutritional product range to India

Food and snack company Haldiram's has partnered with Africa's Futurelife to bring its nutritional food product range to India.The two companies on Thursday announced the launch of a range of four products -- Smart Foods, Smart Oats and Ancient Grains, Crunchy Granola and High Protein--...

Govt’s logistics division starts formulating national packaging initiative

The logistics division, under the Commerce Ministry, has started an exercise to formulate a national packaging initiative, which will be part of the proposed logistics policy. The ministry on Wednesday said that a stakeholder consultation was organised to define the scope and the national packaging initiative...

Make in India is going to go global at massive scale: Amazon India head

E-commerce will play an important role in the government's vision of 'Atmanirbhar Bharat' (self-reliant India) as more homegrown brands scale up and go global, leveraging digital infrastructure, a top Amazon India executive said on Wednesday. Amit Agarwal, global senior vice president and...

Indian e-commerce will reach $90-100 billion in 3-4 years: Flipkart CEO, Kalyan Krishnamurthy

The pandemic has brought in a shift in consumer behaviour, providing a major fillip to the Indian e-commerce industry that is now poised to touch USD 90-100 billion in the next 3-4 years, Flipkart Group CEO Kalyan Krishnamurthy said on Wednesday. Krishnamurthy said while challenges brought in...

CCI gives an okay to Flipkart-Aditya Birla Fashion

Competition Commission of India (CCI) on Wednesday said it has approved the acquisition of 7.8 per cent minority stake in Aditya Birla Fashion by Flipkart Investments Private Ltd (FIPL).Aditya Birla Fashion had in October last year approved plans to raise Rs 1,500 crore...

Kiranas, MSMEs hop onto e-commerce bandwagon with Flipkart Wholesale app, Best Price cash-and-carry stores

Over a million small retailers in the country and hundreds of MSMEs continued to repose their faith on online platforms and digitisation as the entire retail ecosystem opts for e-commerce as a mode of doing business during the challenging...

Zomato worst digital workplace in India: Fairwork Survey

According to a survey by Fairwork India Ratings, Zomato, along with rival platform Swiggy and cab-hailing app Uber, were ranked the worst performing digital platforms this year, scoring only 1 out of 10 points. The report examined working conditions...

Walmart commits to export $10 bn India-made goods each year by 2027

Walmart on Thursday announced that it will triple its exports of goods from India to $10 billion each year by 2027. In a statement, Walmart said that its new export commitment is expected to provide a significant boost to micro,...
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Govt asks retailers to cut profit margins on pulses; pass on lower wholesale rates

The government warned that it would take stern actions against unscrupulous speculation and profiteering by market players.New Delhi: The...
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