Homegrown start-ups like UrbanClap and AtHomeDiva will now have to compete with the global e-commerce giant. Anita Babu reports.
Real estate experts say rentals have corrected by 5-10 per cent across formats, including office, retail and housing, with a pick-up expected over the next few quarters as the economy recovers.
The power of the small neighbourhood retailer can barely be ignored as organised players look to leverage their last-mile connectivity and reach, luring them by promising support in technology, inventory and tax management.
As much as 20 per cent of the gross merchandise value (GMV) of sales made on e-commerce platforms is being financed through the no-cost EMI route, up from 4-5 pc two years ago.
The company's Indian operation, a joint venture with Tata Global Beverages, has got a new CEO.
In a recent interview, Narendra Modi, set to take charge as prime minister in a few days, had said his government wouldn't roll back any policy in the sector.
India's rank was further amplified by the collapse of the South American and Russian economies.
The Indian part of the Swiss group employs more than 5,000.
The ruling Bharatiya Janata Party won the mayoral elections in 10 of the 17 municipal corporations in Uttar Pradesh, results for which were announced on Saturday, virtually adding a third engine to its "double-engine" government.
On Tuesday, while several consumers took to social media to share their grievances about the Snapdeal site crash, many others said they visited the website to either compare prices or for window shopping.
Aditya Birla Retail set up seven years earlier, posted a 20% growth in sales over a year earlier for 2013-14.
The sale of Nature's Basket, Godrej's chain of food stores in west India, is the second exit by a big group in a year in the category
The deal that promises to make Flipkart a leading force in fashion segment - estimated at Rs 3 lakh crore - came after hectic weekend parleys.
AAP, set to form the government in Delhi, had said it was opposed to foreign direct investment in multi-brand retail.
Local traders are evaluating other options rather in FDI.
Senior advocate Arvind Datar, appearing for Twitter on Monday online, argued the company was following the rules laid out in the Information Technology Act.
From auto, refrigerator, and mobile handset makers to real estate firms, companies are tying up with banks to dole out attractive finance schemes and discounts to make buying more affordable.
Kataria, 49, an IIT-XLRI alumnus, was quick to implement a number of initiatives during the Covid-19 crisis including launching D2C initiatives such as mobile stores, WhatsApp messaging, video calling and home deliveries. Kataria was also swift to recognise that stay-at-home consumers were keen to buy informal rather than formal footwear, launching new collections quickly to take advantage of this trend, says Viveat Susan Pinto.
Reliance Retail would be exposed to implementation and execution risks in its expansion plans.
Auchan and another French retailer, Carrefour, exited India in 2014
While the government's recent moves may have been necessary in some cases, these would have an adverse impact on the investment cycles of some of these companies. The marquee global names are suddenly finding themselves out of favour as local flavour is gaining currency in the run up to 2019 elections.
While Google has market capitalisation of almost $753 billion and Facebook commands one of $515 billion, it is the wealth of user data they have that one fears
Policy constraints may prevent many of the global retail giants from reaching their full potential.There are too many restrictions right now in the sector and policy makers lack clarity.
Burger King's entry is expected to heat up the burger chain market in India, dominated by McDonald's.
Gearing up for the upcoming state assembly polls, the Bharatiya Janata Partyon Wednesday named its organisational spearheads for the elections, putting Union ministers Dharmendra Pradhan, Pralhad Joshi, Gajendra Singh Shekhawat and Bhupender Yadav in charge for the contest in Uttar Pradesh, Uttarakhand, Punjab and Manipur respectively.
Neighbourhood stores have the ability to adapt to changes.
Bubbly is the latest in a string of brands that are touching the three-digit mark quickly.
Myntra expects to reach $100-million annual revenue.
A sub-group has been formed to amend rules that govern safety standards at eating establishments
The government guidelines say online marketplaces must not influence the sale price of goods and services but experts say e-commerce majors categorise discounts under marketing expenses.
Kia's Seltos SUV has already crossed the 40,000 mark while the slightly pricier MG Hector has sold nearly 13,000 units.
The one-year extension would give Walmart and its Indian joint venture partner in the cash and carry business, Bharti Group, more time to sort things out and decide on a retail foray together, people in the know said.
In its first acquisition in India, the American online retail giant is planning to buy out the fashion portal
Consumers are set to gain from discounts.
Private labels remain big business for e-commerce marketplaces. They comprise almost 15 per cent of the total business of such firms.
Spends by e-commerce players have now touched Rs 1,000 crore.
Indian e-commerce companies in particular have been using their Facebook pages extensively to reach out to as many consumers as possible, apart from paid advertisements.
Britannia Industries, the bakery and dairy major, has tied up with e-tailer Amazon India for a pilot launch of Good Day Chunkies, a new chocolate chip cookie, for 15 days. The offer is currently on and closes on December 5, after which the product goes to offline (normal retail) stores.
Ratan Tata has invested his own money into 3 high-growth online retail firms, which are yet to make a profit.
From PhonePe to Jio, everyone wants to be a Super App but it is still unclear if they will actually work in India.
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