News for 'luxury retail'

Brands chase flyers as new airports open a runway to revenue for retail

Brands chase flyers as new airports open a runway to revenue for retail

Rediff.com27 Apr 2026

Indian airports are rapidly becoming a significant growth avenue for the country's retail sector, with brands across various consumer segments actively opening stores to tap into the increasing number of flyers and strong domestic tourism momentum.

Top end luxury cars power Mercedes over entry-level models

Top end luxury cars power Mercedes over entry-level models

Rediff.com13 Apr 2026

What we will not do is discount deeply, neither will we compromise on product substance, says Managing Director and Chief Executive Officer (MD&CEO) Santosh Iyer.

Rich Indians Are Spending More Money On...

Rich Indians Are Spending More Money On...

Rediff.com28 Apr 2026

Travel is now the dominant spending category for India's affluent consumers, who are prioritising experiences and luxury goods over retail buying, according to a new report.

Audi to rework India strategy as EU FTA may slash import duty on luxury cars to 10%

Audi to rework India strategy as EU FTA may slash import duty on luxury cars to 10%

Rediff.com26 Mar 2026

German carmaker Audi plans to reassess and adjust its product launch strategy in India once the specific details of import duty reductions under the India-EU free trade agreement (FTA) become clear, according to Balbir Singh Dhillon, the brand's director in India.

Tayal forays into luxury retail

Tayal forays into luxury retail

Rediff.com4 Jun 2007

The Tayal family, which has promoted companies such as Bank of Rajasthan and KSL Realty and Infrastructure, is foraying into high-end luxury retail with flagship store K Lifestyle.

TaMo PV profit slumps 32% on JLR headwinds

TaMo PV profit slumps 32% on JLR headwinds

Rediff.com4 days ago

Tata Motors' MD and CEO, Girish Wagh, has identified rising diesel prices as the most significant threat to India's commercial vehicle (CV) industry recovery, despite the sector recently surpassing its pre-FY19 wholesale peak. Diesel costs account for 25-50% of a truck operator's total cost of ownership, making any increase a critical concern for fleet economics.

Shoppers' gears up for luxury retail push

Shoppers' gears up for luxury retail push

Rediff.com20 Dec 2006

Retail major Shoppers' Stop, part of the K Raheja Corp, is consolidating its luxury retail business by roping in over 40 global brands and has lined up Rs 500 crore

GST 2.0 Puts Luxury Cars In Fast Lane

GST 2.0 Puts Luxury Cars In Fast Lane

Rediff.com10 Dec 2025

India's luxury auto market is rebounding after a slow start to 2025, with GST 2.0 emerging as the main catalyst.

East India Company Shuts Down Again

East India Company Shuts Down Again

Rediff.com27 Feb 2026

The East India Company, revived by Indian businessman Sanjiv Mehta in 2010, has ceased operations and entered liquidation, marking the end of its modern incarnation.

Isha Ambani's STUNNING Oscar Debut!

Isha Ambani's STUNNING Oscar Debut!

Rediff.com16 Mar 2026

The managing director of Reliance Retail Ventures Limited turned heads in a vintage Valentino for her debut at the Oscars 2026.

India's Reliance On Strait Of Hormuz Exceeds Global Average

India's Reliance On Strait Of Hormuz Exceeds Global Average

Rediff.com10 Apr 2026

'The West Asia or the Gulf crisis has shown that what we develop as national infrastructure when things are not as bad as they could be, we forget to plan for adversities.'

Noida International Airport: Property Prices Soar Along Yamuna Expressway

Noida International Airport: Property Prices Soar Along Yamuna Expressway

Rediff.com30 Mar 2026

The inauguration of Noida International Airport (NIA) is set to significantly increase property values in micro-markets along the Yamuna Expressway, with projections indicating a 28 per cent rise for plots and 22 per cent for apartments over the next two years, according to Colliers.

Who should use a trading terminal?

Who should use a trading terminal?

Rediff.com25 Mar 2026

Using a trading terminal is not suitable for all market participants. Before market participants start using a trading terminal, it is important for them to know who really needs a trading terminal and what they can do with it. Here, we will explore who should actually use a trading terminal.

Luxury retail demand boom in Bangalore

Luxury retail demand boom in Bangalore

Rediff.com30 Jan 2007

Large format shopowners look outside malls for spaces with international look & feel.

India set to become luxury retail destination

India set to become luxury retail destination

Rediff.com7 Nov 2007

The luxury retail market, which is currently in its nascent stage was roughly estimated to be around Rs 1,500 crore (Rs 15 billion) and expected to grow at 20 per cent in next five years. The booming stock market and the recent news that India's leading industrialist, Mukesh Ambani, had even overtaken Bill Gates, to become the richest person in the world, is an indication that the country was ready for that ultimate 'haute couture' experience.

Luxury retail headed to hotels for the brand fit

Luxury retail headed to hotels for the brand fit

Rediff.com28 Mar 2013

Absence of quality real estate in malls and on high street seen as factors behind migration.

SUVs rule resale market despite small cars getting cheaper

SUVs rule resale market despite small cars getting cheaper

Rediff.com13 Jan 2026

Data from used-car platforms suggest that buyer preferences have remained broadly stable post-GST, with SUVs retaining their dominance even as price adjustments played out across segments.

GST 2.0 boosts petrol-diesel car sales over EVs

GST 2.0 boosts petrol-diesel car sales over EVs

Rediff.com10 Dec 2025

While GST on ICE vehicles was brought down significantly, for electric cars it remained at 5 per cent.

Air, Water Purifiers: GST Council May Weigh 5% Levy

Air, Water Purifiers: GST Council May Weigh 5% Levy

Rediff.com30 Dec 2025

The GST Council at its next meeting may consider a reduction in taxes on air and water purifiers as air quality across the country worsens and access to safe drinking water remains uneven.

High street holds lead in rental growth over malls

High street holds lead in rental growth over malls

Rediff.com22 Nov 2025

High-street rentals continue to outpace those of malls, as retailers focus on prime locations and are willing to pay a premium for visibility. Between 2021 and 2025, rental values on prime high street have grown 7-15 per cent annually, driven by strong consumption density and limited new supply, even outpacing grade A malls, which grew by 5-8 per cent, according to Anarock.

HDFC pips TCS as India's most-valued brand

HDFC pips TCS as India's most-valued brand

Rediff.com20 Nov 2025

Financial services giant HDFC Bank, carrying a brand value of $44.9 billion, has surged past IT consulting behemoth Tata Consultancy Services (TCS) to reclaim its crown as the country's most valued brand, according to the 2025 Kantar BrandZ Most Valuable Indian Brands report.

Stocks for Diwali 2025: Shares That Historically Outperform in Oct-Nov

Stocks for Diwali 2025: Shares That Historically Outperform in Oct-Nov

Rediff.com14 Oct 2025

The Indian stock market in the October-November period sees high trading activity due to increased consumer spending, festive demand, upbeat sentiment, renewed investor confidence, and the auspicious Muhurat trading session. This impacts many stocks and sectors in the festive season.

Worst may be over for Asian Paints, but prospects still far from bright

Worst may be over for Asian Paints, but prospects still far from bright

Rediff.com21 Nov 2025

Asian Paints reported a good performance for the second quarter (July-September) of 2025-26 (Q2FY26), with some help from base effects, despite strong competition and extended monsoon. Volume grew in low double digits in the key domestic decorative paints, and value in that segment grew by 6 per cent. Ebitda (earnings before interest, taxes, depreciation, and amortisation) grew 21 per cent year-on-year (Y-o-Y), and PAT (profit after tax) grew 14 per cent. Asian Paints also defended market share better after several quarters where it had lost ground to Birla Opus.

Automakers On Luxury Top Gear To Woo Buyers

Automakers On Luxury Top Gear To Woo Buyers

Rediff.com30 Oct 2024

Armed with swanky showrooms, decked with plush fixtures, and offering indulgences such as high-end perfumes and customisable accessories, BMW, Mercedes, Audi are rolling out the red carpet for the well-heeled.

Electric PV sales more than double in September; Tata Motors leads

Electric PV sales more than double in September; Tata Motors leads

Rediff.com9 Oct 2025

Electric passenger vehicle (PV) retail sales jumped more than twofold in September with Tata Motors (TaMo) leading the pack having over 6,000 registrations and a 40 per cent market share.

Glowcations: When Travel Becomes Skincare Routine

Glowcations: When Travel Becomes Skincare Routine

Rediff.com7 Nov 2025

More Indians are choosing trips based on beauty rituals, skincare treatments and access to cult products.

Chef Ranveer's Secret Ingredient Is...

Chef Ranveer's Secret Ingredient Is...

Rediff.com11 Oct 2025

Chef Ranveer Brar walked as showstopper for Tarun Tahiliani's Tasva collection at the FDCI x Lakme Fashion Week 2025 in Delhi.

Mercedes clocks record Navratri sale of 2,500 cars

Mercedes clocks record Navratri sale of 2,500 cars

Rediff.com8 Oct 2025

'We expect this festival buying spirit to continue in October as well, with upcoming festivities including Dhanteras and Diwali, which traditionally witness spirited buying from customers.'

Mercedes Rules Luxury Cars Segment

Mercedes Rules Luxury Cars Segment

Rediff.com21 Dec 2024

For the first time in history, the luxury car market is poised to cross the sales mark of 50,000 units in 2024, with Mercedes leading the way

'Strong retail growth is expected'

'Strong retail growth is expected'

Rediff.com10 Feb 2025

'The retail business was somewhat slow initially, but it has picked up over the past seven to eight days. Following Makar Sankranti, there is a renewed sense of positivity.'

Will GST cut bring back hatchbacks to top of the line?

Will GST cut bring back hatchbacks to top of the line?

Rediff.com12 Nov 2025

Since the Indian government reduced GST on small cars on September 22, the small car segment's share in Maruti's overall sales has risen to more than 25 per cent, up from 16.6 per cent earlier in FY26.

Jaguar Land Rover gets UK govt loan guarantee after cyber-attack

Jaguar Land Rover gets UK govt loan guarantee after cyber-attack

Rediff.com28 Sep 2025

The UK government on Sunday announced that it will support "iconic British brand" Jaguar Land Rover (JLR) with a loan guarantee of up to 1.5 billion pounds to give certainty to the Tata Motors owned carmaker's supply chain following a devastating cyber-attack. The loan will come from a commercial bank, backed by the Department for Business and Trade's (DBT) Export Development Guarantee (EDG), provided by export credit agency UK Export Finance, to be paid back over five years.

'We Have Become The Largest Eyewear Brand In Asia'

'We Have Become The Largest Eyewear Brand In Asia'

Rediff.com5 Nov 2025

'India needs at least 70,000 to 80,000 eyewear stores; our 2,000 stores are just a drop in the ocean.'

Flipkart, Amazon Stack Up Space For Festival Rush

Flipkart, Amazon Stack Up Space For Festival Rush

Rediff.com9 Sep 2025

Festive sales are expected to surge 27 per cent to cross Rs 120,000 crore in 2025, driving Amazon and Flipkart to expand warehousing capacity by millions of cubic feet and extend delivery networks to thousands of new pin codes -- an infrastructure buildout that could reshape India's retail landscape for years.

GST 2.0: These will get cheaper from September 22

GST 2.0: These will get cheaper from September 22

Rediff.com4 Sep 2025

Some of the key names include: Maruti, M&M, Ashok Leyland, Britannia, Ultratech, JK Cement, Havells, Voltas, Amber, Metro, Trent, LemonTree, Indian Hotels, Niva Bupa, HDFC Life, IGL, Acme Solar, Suzlon, Swiggy, Delhivery, ICICI Bank, HDFC Bank, Bajaj Finance, Shriram Finance," according to a report by Motilal Oswal Financial Services.

9 Must Read Money Rules For YOU

9 Must Read Money Rules For YOU

Rediff.com25 Aug 2025

Chartered accountant Nitin Kaushik's message to India's young workforce is clear: spend smart, save smarter and let money serve your goals.

AI & automation to play a crucial role for retail industry in 2025

AI & automation to play a crucial role for retail industry in 2025

Rediff.com30 Dec 2024

With the rapid evolution of channels like quick-commerce and the emergence of ONDC, the Indian retail industry is 'cautiously optimistic' for 2025, in which new-age technologies such as AI and automation will play a crucial role, driving efficiency and personalisation.

The Sweet Rise of Indian Chocolates

The Sweet Rise of Indian Chocolates

Rediff.com20 Aug 2025

India's craft chocolate makers are changing the market by using local cacao, creating bold new flavours, making chocolate both a luxury and a story.

India's legacy liquor brands raise a toast to growth, reinvention

India's legacy liquor brands raise a toast to growth, reinvention

Rediff.com21 Sep 2025

By 10 am, Rakshit N Jagdale is already deep into the rhythm of the day, which promises to be a carousel of meetings, calls, and strategic decisions. As managing director of Amrut Distilleries, he balances ritual and ambition, tradition and transformation, like many other legacy players in India's alcoholic beverages sector who are staring at a rosy future.

Luxury brands have to brace for high rent

Luxury brands have to brace for high rent

Rediff.com20 Nov 2013

Because of high rents in Mumbai and the response from Delhi, most luxury retail players want to expand in the capital.