News
KFC India all set to sell its 61 other stores to Franchise Partner Devyani
KFC India has decided to offload 61 equity-owned restaurants to Devyani International and has taken a step back to withdraw from capital intensive operations to building the brand. Devyani will likely to take ove... Read More
Flipkart Initiates Eco-friendly Delivery Initiatives in India
The online shopping platform Flipkart has included a new fleet of electric powered vehicles in its delivery vans and has set up a target of replacing more than 40% of its delivery fleet with eco-friendly electric ... Read More
FlexBen Program Of Flipkart Rolls Out For Diverse Workforce!
The Flexible Benefit (FlexBen) program of leading e-commerce marketplace Flipkart is inclusive and universal to benefit equal coverage to all employees. The introducing FlexBen program is the result of the ... Read More
Increased Tariffs on US Items Has kicked In
The hike in customs duties on US imported goods will come into effect from Sunday announced in the official notification. This sudden move by India will likely to hurt the American exporters as they have to ... Read More
Myntra Will Soon Start Selling its Product in the US Walmart Stores
India’s Myntra is expected to begin selling its brands’ products to the US via Walmart. The online fashion retailer was acquired by Walmart 10 months ago, since which time Myntra’s brands have be... Read More
Amazon is now a Domain Name Too
The E-commerce giant Amazon has now a domain name too (.amazon) after years of fruitless efforts. Finally, Amazon has been allowed to host the (.Amazon) domain name. The company was stuck with the process as there... Read More
Snapdeal Planning to Acquire ShopClues in $250 Million
Online shopping brand Snapdeal is carrying out a plan of a potential acquisition of its rival ShopClues and it has been reported that the evaluation of $200-250 million. Snapdeal had acquired Fintech ... Read More
German Food-And-Grocery Retailer Metro Is Eying Expansion In Myanmar!
The Leading German Wholesaler Metro Is Seeking Expansion Of Its Operations In Myanmar! The German-headquartered food-and-grocery wholesale retailer, Metro is looking to open a new store in Mandalay, Nay Pyi Taw, ... Read More
Amazon Extends Packaging-Free Shipment Process in 9 Cities of India
E-commerce major Amazon has expanded its packaging-free shipment programme to nine cities of India which include Delhi, Mumbai, Ahmedabad, Nagpur, Bengaluru, Gurgaon, Noida, Chennai and Hyderabad. This is a pr... Read More
Chinese e-tailer Club Factory starts selling locals goods to buyers in India
This trading started after the Customs of the Chinese e-tailer firms starts selling their good to Indian entities and shipping them through the carrier gifts to avoid the import duties. This comes as when t... Read More
Van Heusen India Launches its Biggest Mumbai store
The famous Indian formal brand Van Heusen has now become bigger by getting launched opened a new upscale fashion store in Bandra. Mumbai: With the new launch in Mumbai of the new Linking Road store, Van Heusen In... Read More
Paytm launches cash-back driven credit card in partnership with Citibank
The first Card of Paytm to offer unlimited 1% cash-back on the purchases into the user’s account in real time and eliminating the resistance of claiming reward points. Bengaluru: The online payment system P... Read More
Beyonce Join Hands With Adidas To Relaunch Ivy Park Label!
The leading sportswear brand Adidas and the famous celebrity Beyonce are teaming up to relaunch the superstar’s Ivy Park label. The news of collaboration sportswear firm has announced that partnership will ... Read More
Indian Lingerie Retailer Zivame Raises Capital Fund!
Bengaluru-based leading lingerie retailer Zivame has raised INR 10 Cr (US$8.6 million) from Allana Investment and Trading Company to fund expansion! this new capital expansion will be used for technology augmenta... Read More
The Retail Sales Of Volvo Car India Increased 25% at 2,687 units in FY'19
The growth in the new product launch has largely increased the sales of Volvo new car model SUV XC40, the company said in a statement. Volvo Car India on April 4 has reported that the Volvo new model cars have se... Read More
Amazon funds Rs 238 crore into Indian food retail unit
The money invested by two of the Amazon's entities including the Amazon corporate holdings, a popular Singapore based entity engaged in food retail sector across the ASEAN countries and Amazon US-based parent comp... Read More
Flipkart launches venture fund to invest for startups
Flipkart has decided the first time to set up funds for the dedicated startups at its seed stage. Walmart-owned Flipkart on March 26 has decided and launched an investment fund and backed it early to al the... Read More
Walmart India opens 24th Cash & Carry store at Karimnagar
The modern best price wholesale retail store meets all the needs of underserved small businesses like the resellers, retailers, office & institutions (O&I) and hotels, restaurants, and caterers (HORECA) in... Read More
Amazon suffers greatly by the recent FDI policy shift
The Indian Government had put a law to remove the sellers from outside India to sell their product in the country with the help of global E-commerce website stores such as Amazon, Flipkart, Aliexpress etc. This ha... Read More
Walmart Opens Its Second Fulfillment Center In Lucknow To Speed Up Operations!
With Aggressive Expansion In India, Walmart Successfully Opens Its Second Fulfilment Centre In Uttar Pradesh! Walmart India is growing aggressively and with a goal to expand its wholesale presence in Lucknow, It ... Read More
Amazon's Human Robots Are Here To Stay!
The Human-Robot From Amazon Is Clearly The Next Biggest Hit Of The Future Which Be Helping Warehouse Workers Get Their Jobs Done Easily, Indeed Enhancing Productivity! Amazon, being the leading manufacturing comp... Read More
Women's workwear brand disruptor Ombre Lane wins seed funding
Women’s Indian workwear brand Ombre Lane has got chance to fund seed funding from a group of angel investors. The investment will take place among the investment group ex-LinkedIn India CEO Akshay Kot... Read More
Alibaba Will Not Be Shipping Goods To India As "Gifts"!
The Chinese E-commerce Platform, Allibaba Can’t Ship Goods To India As “Gifts”! The leading e-commerce platform, Alibaba has been restricted from shipping goods to India as gifts, as reported in... Read More
Flipkart's Delivery Unit, Ekart Fires 300 Seasonal Workers In Kheda, Gujarat!
Flipkart United Ekart Fires 300 Delivery Boys And Seasonal Workers! The AIOVA (All India Online Vendor Association) tweeted that Ekart, which is owned by Walmart and Flipkart have fired around 300 seasonal worker... Read More
The Government Put Bans On Deep Discount and Cash Back Schemes on Amazon and Flipkart
Many online retailers are now being banned from using coupon codes and cashback offers to promote their brand. India: The Indian government has raised a ban on famous e-commerce merchant from contributing deep di... Read More
Myntra’s Vector Registers 90% Drop in FY18 Revenue
The company Myntra has made a huge loss of Rs 52 lakhs this year in comparison with the profit of Rs 9 crore a year before. BENGALURU: One of the biggest E-commerce vendor Myntra has seen a great fall on the... Read More
Amazon Reports Its Record-Breaking Holiday Sales!
“Amazon Prime Is The Most Preferred App Around The World”, Says – Amazon! US-based leading online retail giant, Amazon on Wednesday has announced its record-breaking report showing millions of p... Read More
Aditya Birla Fashion Group Is The Most Organised Retail, With Its 3% Hike!
Aditya Birla Fashion Rallied Nearly 3% And Claims To Be A Top Pick Among The Organized Retail Sector, Says Jefferies! We know that Jefferies has greatly maintained its buy call on the stock with a set target pric... Read More
Success Story Behind The Great Indian Sale Of Amazon!
With over 50,000 seasonal positions Amazon is successfully competing with other e-commerce portals this festive season. New Delhi: For a neck-to-neck competes with the rivals e-commerce portals in this festive se... Read More
Google To Open Its E-Store By November To Sell Gadgets In India!
Google is planning to expand its sale and has premeditated to open an e-commerce store in India. But, it won’t be doing any direct commerce there as the purpose of its launch is to provide some valuable gadg... Read More