Kerala merchant’s union strike against black-money currency move

Kerala’s merchants and traders union has asked its members to shut all shops from Tuesday to protest the Center’s decision to swap currency notes to control black money. The central government has withdrawn existing 500 and 1000 rupee notes and asked everyone holding the same to get them exchanged with new notes from their nearest […]

Rajesh Exports starts second phase of retail expansion with Bangalore

Gold Jewellery exporter, Rajesh Exports Ltd said it launched its 81st retail showroom under it’s brand name ´Shubh Jewellers´ at Bangalore. “With this launch the company has launched it’s second phase of retail expansion. The company in the second phase of retail expansion has finalized plans to launch series of retail showrooms in the four […]

V2 Retail opens its 32nd store in Sitamarhi, Bihar

Value retailer V2 Retail Ltd. said it has opened a new retail store at Sitamarhi, Bihar. By this launch V2 retail currently has 32 operational retail stores across the country. V2 Retail Limited is a retail company in India. It offers more than 70,000 products including ready made, apparels, household merchandise and other consumer goods […]

itel launches VoLTE phone with Iris scanner @ Rs 8,490

itel Mobile said it has launched its s flagship selfie phone, ´it1520´ at Rs 8,490 in India. it520 is equipped with wide angle 13 MP front and back cameras, Iris scanner, 4G-VoLTE connectivity and a Reliance Jio connection. The model runs on Android 6.0 Marshmallow. “The latest launch from itel is the perfect smartphone companion […]

NewU launches new beauty brand Jaquline USA

Dabur India Ltd’s beauty retail venture, NewU said it was bringing the make-up and beauty brand — Jaquline USA — to India. The new brand Jaquline USA will feature a range of make-up & beauty products. “NewU is the first Indian company to enter the Nail Care and Styling market with a range of products. […]

Tata CLiQ ecommerce website starts Diwali discounts and offers

Tata group’s ecommerce venture CLiQ has announced its first festive season offers by providing exciting deals, new launches, flash sales, best price offers and bumper prizes for its customers. “Tata CLiQ has earmarked 50% of its marketing budget for the one month long festive offer named ´Festober´ celebrations,” said the e-commerce website. Tata CLiQ will […]

Mahindra invests in online agri-retail start-up Merakisan.com

Mahindra & Mahindra´s agri solutions company Mahindra Univeg Pvt Ltd. said it has invested in Merakisan PVt. Ltd., an agri e-commerce start-up. Mahindra Univeg Pvt Ltd. is a 60:40 joint venture between Mahindra Agri Solutions Ltd. and and Belgium based Univeg (Greenyard Foods). It focuses on developing fresh fruit supply chain in India and imports […]

Future Retail adds 3 lakh sq ft retail space, shuts down ecommerce site

Future Retail, one of the leading retail chains in India, has increased its retail floor space by 3 lakh square feet to 1.3 cr square feet during the April-June quarter this year, said the company. The company has increased its floor spaces in nine cities which includes Hyderabad, Pune, Mumbai, Indore, Nellore, Gaya and Keonjhar. […]

NSE seeks details on reported Aditya Birla and Future Group merger talks

The NSE today has sought clarification from Aditya Birla Fashion and Retail (ABRL) on whether any negotiations for merger has taken place with Kishore Biyani’s Future Group. The exhange’s request for clarification has come after a report in the Economic Times. The report said that Biyani’s Future Group was in early discussion with ABRL to […]

India online shoppers to jump to 8 cr this year from 5.5 cr – Assocham-PwC study

The number of people shopping online is expected to rise to 8 cr (80 mln) this year from 5.5 cr in 2015 with better infrastructure in terms of logistics, broadband and Internet-ready devices, according to an ASSOCHAM-PwC study. The overall e-commerce industry, valued at $25 billion at present has been growing at a compounded annual […]

Amazon India to sell daily household items and FMCG

Amazon India today announced the launch of its Household Supplies store that offers a wide range of products including dishwashing detergents, household cleaners, laundry detergents, paper, plastic wraps as well as puja supplies. These products will be delivered to any place in India. The entry of the giant into this space could squeeze specialized online […]