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Kumar Rajagopalan

Banks have done nothing to help retailers, says Retailers Association

Banks have done "sweet nothing" to provide financing to retailers to tide over the lockdown crisis, and the government intervention is needed to avoid mass unemployment in the sector, according to RAI. According to a PTI report: The retail industry...

Retailers seek wage support subsidy to retain workforce

The retailer associations have urged the government to announce a wage support subsidy that will help them save millions of jobs in the retail space reeling under COVID-19 stress. While lauding all government efforts while dealing with the pandemic, the...

Coronavirus Impact: ‘Fashion, grocery may take one year to recover’

At a webinar hosted by Retailers Association of India (RAI) and Trust for Retailers and Retail Associates of India (TRRAIN) on Monday – in which top industry associations Retailers Association of India (RAI), National Restaurant Association of India (NRAI) and The...

Retailers say enough stock if there is no panic buying; put restrictions on purchase quantity

Retailers on Wednesday said there is enough stock of essential items and groceries if people do not resort to panic buying, while some organised players put caps on items that a consumer can purchase during the lockdown. According to a...

Budget 2020: Wishlist of Indian retail titans

Budget 2020-21 is just around the corner and retailers have pinned high hopes that the new policies will have a positive impact on the retail market. The retail industry expects the Budget 2020 to revive consumption and spur demand. Apart...

New mall supply to touch 10 million sq.ft. in top 7 Indian cities in 2019

Responding to burgeoning consumerism in India, mall developers are rapidly infusing new retail developments across the top 7 cities, with nearly 10 million sq. ft. new mall supply in 2019. Factoring in the rollover of some supply from 2018,...

Walmart e-entry makes India attractive to global majors: Experts

The whopping US $16-billion mega deal by global retail giant Walmart with the country's leading e-tailer Flipkart for majority stake makes India an attractive destination for global majors in the digital space, industry experts said on Wednesday.Kishore Biyani, CEO,...

Relief to MSMEs would benefit ecosystem: Retail industry

The retail industry has welcomed the budget, saying the Government's move to cut corporate tax for MSMEs will benefit the ecosystem, boost the rural sector and increase domestic consumption.According to a PTI report: Besides, doubling of allocation of funds...

Budget 2018: No immediate benefits for retail sector

The Narendra Modi Government sought to give a marked thrust to the rural sector in this year's Union Budget, its last full-year budget before the 2019 Lok Sabha polls, with the central ministries getting an allocation of Rs 14.34...

Retail industry reacts to the Union Budget 2018

In his last full budget before general elections in 2019, Finance Minister Arun Jaitley reduced corporate tax for 99 percent of the companies to 25 percent.In keeping with his earlier announcement of reducing corporate taxation rate to 25 per...
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Pizza Hut opens 3 outlets in Mumbai

The new Pizza Hut stores are located at Square Mall in Vile Parle, Gharda Circle in Dombivli, and Ganesh...
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