The government's new initiative appears to be timely for health and hygiene players, battling low awareness and the lack of use of branded products.
Perhaps, the group's leadership position and potential in the retail segment prompted Tata Sons Chairman Cyrus Mistry to identify retail as one of the group's four growth clusters in his recent Vision 2025 statement.
Forbes said Prime Minister Narendra Modi's "economic experiments" barely affected India's billionaires while none gained more than oil-and-gas tycoon Mukesh Ambani, who cemented his decade-long hold on the top slot by adding a staggering USD 15.3 billion (67 per cent) to his last year's wealth to become one of Asia's top five richest.
Avenue Supermarts, which runs D-Mart, posted a 47 per cent jump in net profit in the March quarter and its revenue and operating profit went up 41 per cent. The company's chief executive and managing director, Neville Noronha, talks to Raghavendra Kamath about strategy.
In the broader markets, the BSE Midcap and Smallcap indices were up 0.5% each
Malls, retail stores are being hit by online sales and are struggling this festive season.
Be it consumer products, lifestyle or entertainment, spiritual gurus are stepping into business and are finding success
Companies are innovating with tech tools to ensure that you spend less time at the cash counter.
Sales have picked up in the past few days for retailers in the apparel and consumer durables segments.
Local traders are evaluating other options rather in FDI.
A platform that helps retailers reduce failed transactions while keeping the cost down, Innoviti is all set for India's digital payments revolution.
Founded in 2006, PremjiInvest's assets under management are worth over $2 billion across India
Another important early decision of Birla was to get into the wireless telephony business in association with AT&T and another revered Indian business house, the Tatas.
The company's search for a partner in India seems to be grounded once again
Parag Milk Foods, Prabhat Dairy, Hatsun Agro are sharpening their gaze on the retail space and buttering up their customers.
The threat may be a decade away, but it has brick-and-mortar sellers rethinking their strategies and banking on the govt to regulate online companies.
Retailers and mall developers have seen 35-50 per cent growth in the first two weeks of the end-season sale.
For the past few years, Avigo has been in talks with many strategic players, including private equity investors, to sell its stake in Spykar.
The Department of Post, Tech Mahindra, Videocon Group and stock exchange NSE have joined big corporates like Ambanis and Birlas to seek entry into banking business through newly created niche category of Payments and Small Finance Banks.
The 53-year-old entrepreneur has felt the heat of e-commerce.
Start-ups that did not have a business model and, hence, could not grow or attract new funding, are shutting shop.
The reason for Trent's success is rooted in its slow and steady approach to expansion. Unlike others, Trent, led by Noel Tata, ensured that each store was profitable before it went on to the next, says Raghavendra Kamath.
Future, which recently tied up with Amazon in India to sell its fashion and food products exclusively on the American giant's marketplace platform, is looking at a gross merchandise value of about Rs 6,000 crore (Rs 60 billion) in the next three years from the venture.
In the last couple of months, the Prime Minister has visited Japan and the US and launched the Make in India campaign to lure foreign investments into manufacturing sector.
In the last few years, zero per cent financing has become quite attractive as consumers aspire to buy the latest products, especially in categories such as mobile phones and television sets.
His tryst with investing in start-ups began when his juniors started approaching him for guidance and capital.
India Inc was, perhaps, watching out for a repeat of the dot-com bubble burst of the early 2000s.
Not just Tesco, Auchan, Walmart, even Biyani & Reliance keen on food FDI: Harsimrat Kaur Badal
The big challenge is beating piracy and convincing users to pay for content.
Walmart, the world's largest retailer, is hoping to get more than 30,000 consumers through its e-commerce pilot project that will be launched in the first week of July.
Foreign retail chains, reluctantly allowed limited entry, have begun to make their initial moves and, like Ikea, intend to spend big money -- sometimes in the billions of dollars.
Recent easing of restrictions does not address the pain in the sector.
Global sales made via mobile devices are expected to top $638 billion.
Industry body to write to commerce ministry, seek regulation for e-tailers.
CCI investigation into predatory pricing likely
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Consultants say those selling imported consumer durables, apparel, food products, furniture, etc, are the ones hit the hardest.
Prime Minister Narendra Modi on Wednesday said he has asked soft drink makers like Pepsi to try and mix aerated drinks with 5 per cent fruit juice to help distressed farmers find a new market for their produce.
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Traders were up in arms, fearing huge job loss if Walmart was to enter.
Chocolate majors, home and surface cleaning companies, beauty brands say that business has been brisk this festive season.
Deal with current owner Exide may be signed next week
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