retail industry latest updates
Consumer Durables & IT
Sony India MD says country expected to overtake Japan to become 3rd largest global market in two years
PTI -
At present, the US, China and Japan are the top three markets for Sony globally, followed by IndiaNew Delhi: Japanese consumer electronics giant Sony expects India to overtake home market and become the company's third largest market globally in...
Spotlight
Accel bullish on non-urban markets; sees large cos emerging in e-comm
PTI -
Accel is also bullish on companies dabbling in edtech, upskilling and recruitment solutions as well as content platforms and consumer companiesNew Delhi: Several large, $1 billion-plus companies will be built over the coming decade, serving promising domains such as...
Food & Beverage
Bigguys enters Andhra Pradesh, plans 20 stores by FY 2025
With an anticipated investment of over $1 million through franchising, the company aims to establish a robust network of outlets in all major cities across the state
New Delhi: Bengaluru-based quick service restaurant (QSR) chain Bigguys has entered Andhra Pradesh...
Latest News
Davaindia opens another store in Lucknow
The generic pharmacy chain has 220 stores in Uttar Pradesh, with 25 in Lucknow alone
New Delhi: Surat-based private generic pharmacy retail chain Davaindia on Friday announced the opening of yet another store in Lucknow, where it already has 25...
E-Commerce
Sellers on Flipkart facing issue in changing price, firms denies any intervention in pricing
PTI -
The FDI norms bar any e-commerce player from interfering in price-related decisions of sellers on their platformNew Delhi: Some sellers on Flipkart have complained about issues facing problems in changing the price of their products since May 18 after...
Food & Beverage
Japanese alcoholic beverage maker Suntory sets up India subsidiary
PTI -
This "aims to cover corporate functions required to build a firm business foundation and accelerate growth in its existing spirits businessNew Delhi: Japanese multinational brewing and distilling company Suntory on Thursday said it has set up an Indian...
Food & Beverage
Zomato extends its ‘restaurant services hub’ offering pan-India
PTI -
It will be extended to all restaurants across India, irrespective of their arrangement with ZomatoNew Delhi: Online food ordering and delivery platform Zomato on Thursday said it is expanding its 'restaurant services hub', a one-stop solution to help restaurants...
Fashion & Lifestyle
Raymond shareholders approve reappointment of Gautam Singhania as CMD
PTI -
The shareholders of Raymond approved the ordinary resolution for Singhania's appointment for another five years with a 94.24% voteNew Delhi: Textiles and fabric manufacturer Raymond Ltd on Thursday said its shareholders have approved the reappointment of Gautam Hari Singhania...
E-Commerce
ONDC to touch 10 million transactions in June: Official
PTI -
ONDC will surpass major e-commerce players like Flipkart and Amazon in futureNew Delhi: The Open Network for Digital Commerce (ONDC), which was set up with an aim to democratise the country's e-commerce ecosystem, is on course to touch...
Fashion & Lifestyle
Fabindia onboards Unicommerce to power E-commerce
The partnership will further enable Fabindia to synchronize inventory on an hourly basis, ship-from-store for orders placed online
New Delhi: Consumer lifestyle brand Fabindia has onboarded Unicommerce, a software as a service company, to streamline its omnichannel business and e-commerce...
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Latest News
India’s gems, jewellery exports dip 13.44% in June to Rs 15,939.77 cr: GJEPC
The total gems and jewellery exports stood at Rs 18,413.88 crore ($2,240.77 million) during June 2023Mumbai: India's overall gems...
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