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Indian Retail: 5 Highlights of the year 2016

In a year when change became the only constant for India's retail, both brick-and-mortar and e-commerce majors remained on their toes to decipher consumers consumption behavior and demand. Where 2016 brings to an end, years long wild exuberance by online...

Hauz Khas, Khan Market worst affected by demonetization: India Head of Business, Barcelos

On November 8, Prime Minister Narendra Modi announced the replacement of 86 per cent of India’s cash by withdrawing large currency notes - Rs 500 and Rs 1,000 - as a part of legal tender in India. Demonetization was...

Apple holds talks with Indian Government on opening stores

Apple Inc officials met Commerce Ministry top brass amid its plans to open stores in India without initially having to source components locally. According to sources, the meeting chaired by Department of Industrial Policy and Promotion (DIPP) Secretary Ramesh Abhishek...

Patanjali targets reaching Rs 1 lakh crore production by 2020

Yoga guru turned businessman Ramdev on Tuesday said his FMCG venture Patanjali Ayurved is targetting to shore up its production to Rs 1 lakh crore by 2020. "Patanjali has been registering 100 per cent growth for the last four years...

It's been tough for small traders since demonetization

When Prime Minister Narendra Modi announced demonetization of Rs 500 and Rs 1,000 currency notes, Ravi Kumar, a small trader in Noida like many others across the nation, welcomed the decision with enthusiasm. Two days later, while Kumar still believes...

PepsiCo to cut sugar, salts, fat to make products healthier

Global food and beverages giant PepsiCo on Monday announced a major initiative to cut calories across its product range to make them more nutritious and meet the present-day health and societal priorities. Both Indian Prime Minister Narendra Modi and Food...

Italian Trade Commissioner lauds Modi's 'Make in India' initiative

Francesco Pensabene, Trade Commissioner at the Embassy of Italy and Coordinator for Italian Trade Commission Offices in India, feels Prime Minister Narendra Modi's 'Make in India' initiative can strengthen business ties between the two countries. Fashion Design Council of India...

Exempt seafood from the GST: SEAI

Seafood should be treated as agricultural produce and exempted from the GST, proposed to come in force from April 1, 2017, said an advisor to a marine products exporters association. Raghavan Ramabadran, a Chennai-based partner in law firm Lakshmikumaran and...

CAIT to launch series of 'town hall' meetings on GST

In order to impart awareness and knowledge of the proposed provisions of GST law and to train the small tarders for the same, the Confederation of All India Traders (CAIT) is all set to launch a series of "town...

Cabinet notifies constitution of GST Council

The Cabinet has cleared the process, formation and functioning of the Goods and Services Tax (GST) Council, which will decide on the rate of tax under the new indirect taxation regime. The Cabinet, headed by Prime Minister Narendra Modi, has approved the...
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Parle, Britannia, and Amul named as top 3 most chosen in-home FMCG brands: Report

On a global scale, the five most chosen FMCG brands are Coca Cola, Colgate, Maggi, Omo and Knorr Bengaluru: Parle Products...
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