After 2 years of lull, sale of winter products like heaters and woollens grow in double-digit
The Chinese smartphone maker's focus on offline retail has helped it overtake Samsung in top 50 cities in India.
With India contributing only 2% to its revenues, the multinational is focusing more on key markets like the US and China.
Revenue share from India has inched up to nearly 0.8 per cent of its global sales. The revenue growth rate is in stark contrast to the firm's performance in volume terms.
A decline in the real estate sector, rising debt and the company's alleged involvement in 2G scam caused damage to the business and its image.
While brick-and-mortar retailers have been the most vocal in their protests, e-tailers do not seem to be in a hurry.
India's MRP and Packaged Commodities Acts are dated and not in line with the modern world's digital price mechanisms and comparisons.
The once-popular brand plans to try its luck in the smartphone market with reliability as its key proposition.
This time food regulators found excess presence of ash content in Maggi
According to experts, banks have found better arbitrage opportunities in dollar terms in mature economies with mortgage and leverage rather than take equity exposure on Indian real estate.
YCook can add a year of shelf life to food without the side effects of chemical preservatives.
While Gurugram sees biggest drop in house prices, housing sales in Bengaluru dropped by 45 per cent followed by Kolkata, a 44 per cent decrease, and Ahmedabad, a 42 per cent decline.
'Financial independence will help unlock the full potential of these businesses.'
Many consumer good companies say they will pass on the benefits to consumers, which will bring down prices.
Firms are offering employees flexi hours; demand for air purifiers, masks have skyrocketed.
It is raining private equity funds in the logistics and warehousing space.
The firm is likely to spend $600 million in total for the new stores. The average size of its stores is about 55,000 sq ft.
PepsiCo bets on value-added water by launching vitamin-fortified drinks in a segment that is growing rapidly in India.
Indian Railways under Piyush Goyal has chalked out a new plan for station redevelopment. Railway stations in 15 cities may soon offer residential apartments.
Shoppers Stop returns to its core business after divestments. The retailer plans growth through web and private labels.