Flipkart
Retail
Flipkart launches ‘Billion’, a made for India brand with India-specific products
Flipkart, India’s largest e-commerce marketplace, announced the launch of ‘Billion’, a Made-for-India brand that aims to bring high quality products that are designed specifically for the unique needs of Indian customers. The products are conceived and tested in Indian...
Retail
Snapdeal to cut down 80 per cent of its employee strength
E-commerce major Snapdeal on Monday revealed that it is facilitating a major layoff in the company, with an agenda to cut down 80 percent of its employee strength.
According to a ANI report: A senior official of the company told...
Retail
No Deal: Snapdeal ends merger talks with Flipkart
IANS -
Leading e-tailer Snapdeal on Monday said it was terminating strategic discussions to sell its stake, ostensibly to rival Flipkart, as it had decided to pursue an independent path.
"As we have been exploring strategic options over the months, we have...
Food
From Traditional to Global: Gourmet grocery giants of India
Sales of gourmet and international foods – marked by unique and exciting flavour profiles, high-quality formulations and beautiful packaging – are soaring in India. The category has been growing at a steady healthy clip of 20 per cent CAGR...
Retail
Snapdeal to send Flipkart's US $900-950 million buyout proposal to shareholders this week
Snapdeal is likely to send Flipkart's US $900-950 million buyout proposal to its shareholders this week to seek their views on the plan, according to sources close to PTI.
The Board wants to get the shareholders' opinion on the proposed...
Retail
Amazon Q2 net profit tanks 77 per cent; remains committed to investing in India
E-tailing giant Amazon's net profits tanked 77 per cent to US $197 million (Rs 1,264 crore) in the June quarter hurt by wider losses in international operations, but said it remains committed to investing in India.
According to a PTI...
Retail
Time to focus on energy and passion continuing Snapdeal journey: Snapdeal's Kunal Bahl
The sale of Freecharge to Axis Bank will provide Snapdeal the "necessary boost in resources" to continue its e-commerce journey, Snapdeal CEO Kunal Bahl said.
According to a PTI report: Just hours after the deal was announced, Bahl wrote to...
Fashion & Lifestyle
Funding and investments in Indian fashion
The fashion and lifestyle sector in India has shaped up rather well since the turn of the new millennium. People today are as fashion-conscious as any celeb or a socialite, and this has resulted in increased fashion spending across...
Fashion & Lifestyle
Growth of casual wear in India
Changing lifestyles, the comfort seeking middle class with high disposable income, and increasing urbanization has lead to casualization of both men and women’s wardrobes in India. As the segment continues to grow further, Amit Gugnani, Senior Vice President -...
Retail
Flipkart celebrates 10th anniversary; opens its doors to customers
On Wednesday, July 26, 2017, Flipkart will throw open its doors to a select group of customers to allow them to experience a day in the life of India’s largest e-commerce marketplace. Flipkart Customer Day forges an intimate connect...
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Latest News
Reliance Retail opens 30 Metro stores in Q1, total count crosses 200
Reliance Retail had acquired the Indian operations of German firm Metro AG's wholesale operations in December 2022 in a...
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