News for 'Retailers'

Why BMW India hopes to buck the trend of low sales in 2025

Why BMW India hopes to buck the trend of low sales in 2025

Rediff.com14 Apr 2025

While sedan sales have declined in the mass-market segment in recent years, demand remains strong for BMW sedans, which account for 45 per cent of its sales in India.

Cooking gas to be costlier by Rs 50 from Tuesday

Cooking gas to be costlier by Rs 50 from Tuesday

Rediff.com7 Apr 2025

Cooking gas or Liquified Petroleum Gas (LPG) price has been raised by Rs 50 per cylinder by distribution companies, Union Oil Minister Hardeep Singh Puri said on Monday.

Four IPOs worth Rs 6600 to hit D-Street next week

Four IPOs worth Rs 6600 to hit D-Street next week

Rediff.com25 May 2025

The initial public offering (IPO) lane will be busy next week, with four main-line companies, including Leela Palaces Hotels & Resorts operator Schloss Bangalore Ltd and Aegis Vopak Terminals tapping the primary market to raise over Rs 6,600 crore collectively.

Passenger vehicle sales crash 10% in Feb, 2Ws down 6%

Passenger vehicle sales crash 10% in Feb, 2Ws down 6%

Rediff.com21 Mar 2025

The meltdown in Dalal Street that wiped out investor wealth to the tune of 44 trillion in 2025 also seems to be having a ripple effect on the country's vibrant automobile retail sales.

Markets tumble as India-Pak conflict flares up; Sensex sinks 880 points

Markets tumble as India-Pak conflict flares up; Sensex sinks 880 points

Rediff.com9 May 2025

Stock market benchmark indices Sensex and Nifty tumbled over 1 per cent each on Friday as tensions soared between India and Pakistan, fuelling fears of a wider conflict.

NSE chief cautions retail investors against derivatives trading

NSE chief cautions retail investors against derivatives trading

Rediff.com14 Jun 2024

National Stock Exchange (NSE) chief Ashishkumar Chauhan on Friday cautioned retail investors against trading in derivatives and suggested them to invest in equities through mutual fund route. He emphasized that trading in Futures & Options (F&O) derivatives should be limited to informed investors who can manage risk and comprehend the market. Recently, Finance Minister Nirmala Sitharaman and chief economic advisor V Anantha Nageswaran flagged the growing risk of F&O trading for retail investors.

Can AI Improve Customer Service At PSBs?

Can AI Improve Customer Service At PSBs?

Rediff.com20 May 2025

'AI analyses body language, etiquette, and communication skills, providing an in-depth performance matrix and a ranking system to help employees identify areas of improvement.'

Wholesale inflation eases to 2% in March on cheaper food items

Wholesale inflation eases to 2% in March on cheaper food items

Rediff.com15 Apr 2025

Wholesale price inflation eased to 2.05 per cent in March, as against 2.38 per cent in February, government data showed on Tuesday. The wholesale price index (WPI) based inflation, however, rose year-on-year.

Why Are All Eyes on Nifty Bank?

Why Are All Eyes on Nifty Bank?

Rediff.com19 May 2025

With rising credit demand, cleaner balance sheets, and renewed investor confidence, banks are positioned at the forefront of the market rally. From major players like ICICI and HDFC to broader policy shifts, there's much driving this momentum.

Why Are All Eyes on Nifty Bank?

Why Are All Eyes on Nifty Bank?

Rediff.com19 May 2025

With rising credit demand, cleaner balance sheets, and renewed investor confidence, banks are positioned at the forefront of the market rally. From major players like ICICI and HDFC to broader policy shifts, there's much driving this momentum.

Why Are All Eyes on Nifty Bank?

Why Are All Eyes on Nifty Bank?

Rediff.com19 May 2025

With rising credit demand, cleaner balance sheets, and renewed investor confidence, banks are positioned at the forefront of the market rally. From major players like ICICI and HDFC to broader policy shifts, there's much driving this momentum.

RBI lowers FY26 inflation projection to 4%

RBI lowers FY26 inflation projection to 4%

Rediff.com9 Apr 2025

The Reserve Bank on Wednesday lowered the inflation projection for the current fiscal to 4 per cent from 4.2 per cent earlier, taking into account good agricultural output and falling crude prices.

How US tariffs impact Indian IT services cos in near term

How US tariffs impact Indian IT services cos in near term

Rediff.com3 Apr 2025

Export-led Indian IT sector is not directly hit by Trump's tariff order on goods, but there could be worrisome indirect bearings on it arising out of possible slowdown in decision-making and GDP growth in America over higher tariffs, which may then cloud demand from specific verticals, according to some analysts.

Apple India shipments grew 25% in Q4, Vivo tops smartphone market

Apple India shipments grew 25% in Q4, Vivo tops smartphone market

Rediff.com5 May 2025

Apple's iPhone supplies in India grew 25 per cent year-on-year in March quarter 2025, capturing 8 per cent market share, a CyberMedia Research report said on Monday.

Where Have All The Share Buybacks Gone?

Where Have All The Share Buybacks Gone?

Rediff.com15 May 2025

Without changes to the taxation rules, buybacks are expected to remain scarce.

Why health insurance premium growth is in slow lane

Why health insurance premium growth is in slow lane

Rediff.com11 Mar 2025

Health insurance premium growth has slowed after touching record highs during the Covid-19 pandemic due to tapering demand from retail consumers amid affordability issues. According to General Insurance Council data, health insurance premiums grew by 10.44 per cent year-on-year (Y-o-Y) in the Apr-Jan period of FY25 in comparison with 20.79 per cent in the year-ago period. It was around 23.57 per cent in FY23, and 25.89 per cent in FY22.

PV inventory surges even as auto retail sales rise

PV inventory surges even as auto retail sales rise

Rediff.com6 Aug 2024

Automobile (auto) retail sales in India grew by an impressive 14 per cent in July compared to the same period last year, driven by a surge in the rural economy, good product availability, and product launches. While passenger vehicles (PVs) saw a 10 per cent increase during this period, inventory levels have surged to a historic high of 67-72 days in PVs, equating to Rs 73,000 crore worth of stock, according to the Federation of Automobile Dealers Associations (Fada). This poses a risk to dealer sustainability. Inventory levels in July 2023 were only 50-55 days, equating to a stock worth Rs 49,833 crore. In June 2024, inventory was between 62 and 67 days, with a stock value of Rs 60,000 crore.

Nepalese tea takes the flavour out of Darjeeling tea

Nepalese tea takes the flavour out of Darjeeling tea

Rediff.com27 May 2025

Competition from Nepalese teas -- which has duty free access to the Indian market -- has emerged as a lower-cost alternative to Darjeeling tea, challenging its viability.

White collar hiring in March dips marginally by 1.4%

White collar hiring in March dips marginally by 1.4%

Rediff.com2 Apr 2025

Hiring trends in India's white-collar job market dipped marginally by 1.4 per cent in March compared to the same month last year, driven by a decline in recruitment in the retail, oil & gas, and education sectors, a report said on Wednesday.

Hero expects EV biz to break even with 30K monthly sales

Hero expects EV biz to break even with 30K monthly sales

Rediff.com15 May 2025

Hero MotoCorp is expecting its electric vehicle (EV) business to break even once it reaches monthly sales volumes of 25,000 to 30,000 units, which is a couple of years away, Chief Financial Officer (CFO) Vivek Anand said on Tuesday. "This year, in 2024-25 (FY25), if I really look at my EV performance, our volumes have grown by 200 per cent," Anand told analysts during the company's post-results conference call.

13 Fanciest Stores In The World

13 Fanciest Stores In The World

Rediff.com14 Mar 2025

The fancy-schmanziest stores across the globe are not just places with roomfuls of steep price tags. Many are stunning museums to retail therapy, constructed in such lavish style, boasting breathtaking architecture, sculpture, chandeliers, marble floors, that they are definitely worth a walk of wonderment.

India-Pak tensions: Govt warns traders against hoarding of food items

India-Pak tensions: Govt warns traders against hoarding of food items

Rediff.com10 May 2025

The Indian government has assured citizens that the country has ample food stocks to meet domestic demand, despite escalating tensions with Pakistan. The government has also warned traders against hoarding essential food items and creating artificial shortages, emphasizing that there is no need for panic buying. The food ministry detailed the country's current stock levels, showcasing a surplus over required buffer norms for rice, wheat, and pulses. Additionally, India holds substantial edible oil and sugar stocks, ensuring a strong food security position.

Stock markets log biggest single-day rise; Sensex ends up 2975 points

Stock markets log biggest single-day rise; Sensex ends up 2975 points

Rediff.com12 May 2025

From the Sensex firms, Adani Ports, Eternal, Bajaj Finance, Axis Bank, Bajaj Finserv, Reliance Industries, Power Grid and NTPC were the major gainers. Sun Pharma, however, tanked over 5 per cent.

CAG report: 3 wholesalers given control of 71% liquor supply in Delhi

CAG report: 3 wholesalers given control of 71% liquor supply in Delhi

Rediff.com25 Feb 2025

A CAG report has found that the 2021-22 Delhi excise policy created risks of monopolies and brand pushing by an "exclusive arrangement" between a few wholesalers and manufacturers. The report highlights that three wholesalers controlled over 71% of the total liquor supply chain in the city, with just 25 brands accounting for nearly 70% of total liquor sales. The report also criticized the formation of retail zones with a minimum of 27 wards in each zone, which limited the number of total licensees and increased the risk of monopolization and cartel formation.

Rain fury wreaks havoc in Northeast; lakhs hit, toll at 36

Rain fury wreaks havoc in Northeast; lakhs hit, toll at 36

Rediff.com3 Jun 2025

So far, over 30 people have died across Northeastern states due to heavy rainfalls, floods and landslides, according to media reports.

Monthly SIP inflows may rise to Rs 40,000 cr in 18-24 months

Monthly SIP inflows may rise to Rs 40,000 cr in 18-24 months

Rediff.com14 Apr 2025

Fuelled by rising disposable incomes and growing awareness about disciplined investing, monthly SIP inflows across the mutual fund industry could scale up to Rs 40,000 crore over the next 18-?24 months, according to Madhu Nair, CEO of Union Asset Management Company (AMC). SIP inflows stood at Rs 25,925 crore in March, although the industry has witnessed a declining trend over the past four months amid heightened market volatility triggered by frequent US tariff changes.

Inflation cools to 6-year low of 3.16% in April

Inflation cools to 6-year low of 3.16% in April

Rediff.com13 May 2025

Retail inflation eased to a nearly six-year low of 3.16 per cent in April mainly due to subdued prices of vegetables, fruits, pulses, and other protein-rich items, creating enough room for the Reserve Bank to go for another round of rate cut in the June monetary policy review. The Consumer Price Index (CPI) based inflation was 3.34 per cent in March and 4.83 per cent in April 2024. It was 3.15 per cent in July 2019.

After CEO exit, RBI okays IndusIndexecutives' panel to run the show

After CEO exit, RBI okays IndusIndexecutives' panel to run the show

Rediff.com1 May 2025

The Reserve Bank of India (RBI) has approved IndusInd Bank's request to form an executive committee to discharge the duties and responsibilities of the chief executive officer (CEO) for a period of maximum three months or till a new CEO takes charge, whichever is earlier.

Motor Insurance Growth Slows Amid Weak Vehicle Sales

Motor Insurance Growth Slows Amid Weak Vehicle Sales

Rediff.com2 Apr 2025

'The slowdown in motor insurance premium growth is due to slower growth in vehicle sales. Also, there has been minimal hike in third-party rates in the past three years which is affecting the growth rate of third-party premiums.'

Oil: India to save Rs 1.8 lakh cr on import bill

Oil: India to save Rs 1.8 lakh cr on import bill

Rediff.com7 May 2025

India, the world's third largest oil importing and consuming nation, is likely to save as much as Rs 1.8 lakh crore on import of crude oil and LNG if the trend of softening international energy rates continues, Icra said Wednesday. India, which meets over 85 per cent of its crude oil needs through imports, spent $242.4 billion on buying crude from overseas in the fiscal year ended March 31, 2025.

Sensex regains 77,000-mark; Nifty climbs 108.65 points

Sensex regains 77,000-mark; Nifty climbs 108.65 points

Rediff.com16 Apr 2025

From the Sensex shares, IndusInd Bank jumped 7.12 per cent. Axis Bank, Adani Ports, Asian Paints, Bharti Airtel, State Bank of India and ITC were also among the gainers. Maruti, Infosys, Tata Motors, Larsen & Toubro, NTPC and Bajaj Finance were among the laggards.

Despite market volatility, corporate fundraising at record high in FY25

Despite market volatility, corporate fundraising at record high in FY25

Rediff.com28 Mar 2025

Fundraising by Indian companies through equity and debt reached an all-time high in the financial year 2024-25 (FY25), according to data collated by primedatabase.com. Fundraising through debt stood at Rs 11.1 trillion in FY25, including contributions from InvITs (infrastructure investment trusts) and REITs (real estate investment trusts).

VC, PE funds bet big on traditional sectors

VC, PE funds bet big on traditional sectors

Rediff.com27 Mar 2025

Venture capital (VC) and private equity (PE) funds had, in 2024, taken bets on traditional businesses rather than tech-first domains like consumer tech, software as a service (SaaS) and software. According to data from Bain & Co, Pitchbook, Venture Intelligence, VCC Edge and AVCJ, prominent VC funds like PeakXV saw their share in this traditional space go up sharply from 14 per cent in 2023 to 23 per cent in 2024.

Retail ownership of Indian equities up 800bps in a decade: Morgan Stanley

Retail ownership of Indian equities up 800bps in a decade: Morgan Stanley

Rediff.com12 Nov 2024

Retail investors have become a force to reckon with in the last 10 years with their ownership of Indian equities rising 800 basis points, or 8 per cent, to 23.4 per cent during this period, suggests a recent note from Morgan Stanley. This number, Morgan Stanley said, is set to rise in the next few years as Indian households are still underinvested in equities. India's demographics, policy framework, investor education and modest positive real rates, it said, will fuel the 'equity cult' in India.

AI Challenges Loom Over 20Bn IT Contracts

AI Challenges Loom Over 20Bn IT Contracts

Rediff.com14 Apr 2025

Some major contracts coming up for renewal include TCS' deals with Star Alliance, a consortium of airlines based in Germany, and Nielsen; Infosys' deals with GE Appliances and Daimler; HCLTech's with UK-based life insurer Chesnara; Wipro's with German electric utility company E.ON and Petrobras of Brazil; and Tech Mahindra's with Circle Health.

Retail inflation slips to 5-yr low of 3.54% in July

Retail inflation slips to 5-yr low of 3.54% in July

Rediff.com12 Aug 2024

Retail inflation declined to a five-year low of 3.54 per cent in July mainly on account of subdued prices of food items, and base effect, according to official data released on Monday. The Consumer Price Index (CPI) based retail inflation was 5.08 per cent in June 2024 and 7.44 per cent in July 2023.

Leaning in: Isha Ambani beyond Reliance Retail

Leaning in: Isha Ambani beyond Reliance Retail

Rediff.com16 May 2024

Isha Ambani means business. Not only when she is doing business - she leads Reliance Retail - but also when she is not. The latter was unmistakable on Wednesday, during her eight-minute 49-second video address on the occasion of "Girls in Information and Communications Technology (ICT) Day India 2024".

What fintechs must do to scale up presence of e

What fintechs must do to scale up presence of e

Rediff.com24 Feb 2025

Non-banking entities such as fintech firms will have to tap into use cases beyond peer-to-peer (P2P) and peer-to-merchant (P2M) transactions to scale up the presence of the retail version of the central bank digital currency (CBDC), which is also known as the e, said industry players. These use cases will enable programmable transactions across domains, including the government's direct benefit transfer (DBT) schemes, with subsidies restricted to specific purposes such as food coupons, hospital bills, fertilisers, pesticides, and cross-border remittances.

Sensex jumps 1,006 pts on buying in RIL, foreign fund inflows

Sensex jumps 1,006 pts on buying in RIL, foreign fund inflows

Rediff.com28 Apr 2025

Sun Pharma, Tata Steel, State Bank of India, Axis Bank, Tata Motors, Larsen & Toubro and ICICI Bank were also among the Sensex gainers. HCL Tech, UltraTech Cement, Nestle and Hindustan Unilever were among the laggards.

Mcap of ten most valued firms jumps Rs 3.84 lakh cr

Mcap of ten most valued firms jumps Rs 3.84 lakh cr

Rediff.com20 Apr 2025

The combined market valuation of the top-ten most valued firms jumped by a whopping Rs 3,84,004.73 crore in the holiday-shortened last week, in-tandem with a smart rally in equities, with HDFC Bank and Bharti Airtel emerging as the biggest gainers. Last week, the BSE benchmark Sensex jumped 3,395.94 points or 4.51 per cent, and the NSE Nifty surged 1,023.1 points or 4.48 per cent.