All stories by Arnab Dutta
What makes Reliance Retail a unique venture in India?Rediff.com31 Oct 2021
Even as regulatory focus has zeroed in on foreign e-commerce giant Amazon, a domestic retail giant has been created almost below the radar in Reliance Retail (RR), one of the most crucial businesses for the group's future. From doorstep delivery of groceries, apparels to branded jewellery, medicines, toys, furniture to high street retailing, RR's presence in the world's fourth largest consumer market is just one part of the story.
How resurrected DLF is planning its tryst with MumbaiRediff.com1 Sep 2021
In mid-2020, when Kushal Pal Singh, the undisputed king of India's vast real estate market, relinquished the top post at the country's largest realtor, he left behind an empire that is best compared to the Greek myth of the Phoenix. Once the leader of Delhi's organised real estate market, DLF's steep decline in the 1970s and its majestic rise since has often been cited as a business resurrection story. Now, a year after his departure from the helm of affairs, history seems to be repeating itself at the real estate major. In the 1970s, it was the government prohibitions that had forced DLF to venture into uncharted territory; some five decades later, the Delhi-headquartered firm has set its eyes on another growth trajectory that holds immense potential.
'2022 will be blockbuster year for films'Rediff.com19 Aug 2021
'We will see footfall returning to pre-COVID levels by January.'
FMCG leaders beat FY21 blues, exceed pre-Covid levelsRediff.com5 Aug 2021
In spite of a severe second wave of the coronavirus pandemic, and a widespread disruption in public life therefore, India's fast-moving consumer goods (FMGC) sector seems to have emerged as one of the most resilient segments of the economy. The early numbers and estimates for the April-June quarter indicate a steady recovery in FMCG players' business, which is now set to exceed the pre-pandemic level. Amid nationwide lockdowns because of the first Covid wave, FMCG revenues had been severely affected in mid-2020.
'Covid has made Ayurveda mainstream'Rediff.com24 Jul 2021
'The spurt in demand for Ayurvedic products has exhausted our production capacity.'
'Not seen such inflation in 7-8 years'Rediff.com20 Jul 2021
Higher prices are burdening household budgets and threatening the margins of leading manufacturers.
Covid robs Moradabad's Brass City of its shineRediff.com18 Jul 2021
According to the local Brass Handicrafts Manufacturers Association (BHMA), some 800,000 people are directly employed in Moradabad's massive brass handicrafts and utensils manufacturing industry, which has some 30,000 small and micro-scale units and a total annual turnover of Rs 10,000 crore. The manufacturers are heavily dependent on export markets such as the US, Canada, Australia and the European Union. And exports account for nearly 70 per cent of their revenues. According to industry insiders, since this year's lockdowns, manufacturing has been at 65 per cent of normal levels.
Covid blues fail to dampen Apple's dream runRediff.com27 May 2021
Rising prevalence of work-from-home and e-learning is driving sales of notebooks and tablets for most brands, but Apple's superior performance has more to do with its product quality.
Apple takes a big bite out of locked down India, posts record JFM salesRediff.com14 May 2021
Apple was a fringe player in all key categories like smartphones, notebooks, and tablets till recently. But with the last quarter's record-breaking performance, the brand has established itself in the country's price-sensitive consumer electronics market.
2nd Covid wave may erase gains in smartphone marketRediff.com28 Apr 2021
While the record shipments reflects the prevailing mood at the time, the exponential rise in Covid cases in the country has turned the tide since.
Delhi curfew, oxygen shortage takes a toll on Noida industrial beltRediff.com23 Apr 2021
From trucks lined up and waiting in the area to local vendors, the scenes tell a story of livelihoods stalled.
Apple revs up India offering with new iMac, iPads and iPhoneRediff.com22 Apr 2021
The new iMac, two iPads and iPhone 12 and 12 Mini will be open for ordering starting April 30, just like in the US, the UK, China and Japan.
Decade on, Jaypee Infratech customers still waiting for a homeRediff.com14 Apr 2021
Booked between 2007 and 2011, out of the total 32,700 residential units under various Jaypee Infratech (JIL) projects, at least 20,000 homes are yet to be delivered. Supreme Court documents show that, till last March, Jaypee had issued 7,997 offers of possession to homebuyers while executing only 6,530 sub-lease deeds. These deeds offer homebuyers possession rights but, unlike registration, does not guarantee absolute ownership.
Real estate, travel and tourism blues hit India's consumption storyRediff.com15 Mar 2021
India's Rs 4.5-trillion fast-moving consumer goods (FMCG) sector was one of the first to bounce back from the lockdown induced blues, reporting a year-on-year (YoY) growth in the October-December quarter last year. That said, the overall consumption figures continue to remain depressed. The FMCG market, which includes daily consumables like branded atta, hand sanitizers, edible oils, shampoos, razors, and so on, recorded 7.3 per cent value growth during the period, while the smartphone market grew by 21 per cent.
Xiaomi expands smartphone, TV capacity in India with 3 new plantsRediff.com26 Feb 2021
Apart from bringing new suppliers on board, Xiaomi is also hoping to take advantage of the newly launched PLI scheme that offers incentives on incremental production of smartphones with 2020 as the base year.
Lava plans to turn up the heat on Chinese brandsRediff.com8 Feb 2021
Expansion of distribution network, venturing into new markets, supplementing production capacity, and ramping up workforce are all on the cards. Instead of trying to fight with brands having massive war chests, it will pass on the benefits to consumers by offering them phones at lower prices.
5G: Smartphone makers poised for a sharp rebound this yearRediff.com18 Jan 2021
Even if 5G is not launched by operators this year, the handsets market will certainly witness a strong supply ecosystem for 5G ready smartphones in 2021.
PM urged to drop 'harsh' norms on sale, promotion of tobacco productsRediff.com8 Jan 2021
New proposals like booking of retailers selling loose cigarettes and 7 years of imprisonment, are unacceptable, traders argued.
Durable makers end 2020 at record low, sales down 30% amid Covid-19Rediff.com31 Dec 2020
The Rs 1.5-trillion-a-year industry has ended the year with a 30 per cent fall in sales because after a steady recovery in the festive season, multiple factors dashed its hopes of revival at the end of the year.
Battle of the brands: H&M takes on ZaraRediff.com16 Dec 2020
Zara could rake in Rs 1,571 crore sales in 2019-2020. H&M, which came in five years later, grew its revenue to Rs 1,729 crore.