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retail sector growth in india

Sitharaman proposes several changes in TDS structure

In the first Budget of Modi 3.0, Sitharaman proposed that the 5% TDS rate on many payments be merged into the 2% TDS rate and the 20% TDS rate on the repurchase of units by mutual funds or UTI...

Budget 2024: Entrepreneurs rejoice in the abolishment of angel tax

Entrepreneurs from the country’s startup system have heaved a sigh of relief as the government proposes doing away with the Angel Tax. New Delhi: In her budget speech as the Finance Minister of India, Nirmala Sitaraman has proposed abolishing the...

Data privacy issues, online frauds emerging as e-commerce growth hurdles: Eco Survey

The survey mentioned that India's e-commerce market has gained significant momentum during the past few years, owing to technological advancementsNew Delhi: Issues related to data privacy and rising online frauds are emerging as significant hurdles in the growth of e-commerce...

Homesalon brand YesMadam cuts commission rates 

Commission rates have been cut to 8% down from 15%  New Delhi: Home salon and wellness brand YesMadam has announced a reduction in commission rates for its service partners, a release by the company said on Monday. YesMadam currently offers different...

Inditex’s Bershka to make its India debut on Nov 1

Spain's Inditex is planning to bring Bershka, which is targeted at 20-somethings, after the spectacular success of its flagship Zara in the country.New Delhi: Youth fashion brand Bershka is making its debut in India in November, the third label...

Snitch opens 2nd store in Hyderabad, 14th in India

The new store is opened at Kukatpally in Hyderabad New Delhi: Bengaluru-based D2C fashion brand Snitch has opened its 14th store in India and second in  Hyderabad, a release by the company said on Monday. The new store boasts an area...

Paytm Apr-Jun quarter loss widens to Rs 840 cr

The company had posted a loss of Rs 358.4 crore in the same period a year ago, according to a regulatory filing by the companyNew Delhi: Fintech firm One97 Communications, which owns Paytm brand, on Friday said its loss has...

Shoppers Stop posts net loss of Rs 22.72 cr in Q1

The company posted a consolidated net profit of Rs 14.49 crore in the corresponding period last fiscal, Shoppers Stop said in a regulatory filingNew Delhi: Retail chain Shoppers Stop Ltd on Thursday reported a consolidated net loss of Rs...

Location AI startup GeoIQ unveils footfall & site analysis feature

GeoIQ has served retail brands across categories to open over 2,500 stores by assessing more than 25,000 locations with their site analysis report. New Delhi: Bengaluru-based location AI startup GeoIQ has launched a feature that will give users offline retail...

India’s 1st Foot Locker store to open in Nexus Select CityWalk, Delhi

The store, which will be based on the ‘Store of the future’ concept is currently under fit-outs Mumbai: New York-based athletic shoes and apparel retailer Foot Locker’s first store in India will open at Nexus Select CityWalk located at Saket...
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Indian consumers prefer ‘offers’ faster online than offline: Report

The research reveals that online buyers are more price sensitive and avail more offers compared to offline buyersBengaluru: As...
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