The US-based firm already has two fulfilment centres in Mumbai and Bengaluru.
'Today, we have 150,000 orders a month. And a monthly sale of Rs 1 crore.'
Even as regulatory focus has zeroed in on foreign e-commerce giant Amazon, a domestic retail giant has been created almost below the radar in Reliance Retail (RR), one of the most crucial businesses for the group's future. From doorstep delivery of groceries, apparels to branded jewellery, medicines, toys, furniture to high street retailing, RR's presence in the world's fourth largest consumer market is just one part of the story.
The weekend lockdown will start from 8 pm on Fridays and last till 7 am on Mondays. Besides, prohibitory orders will be in force during daytime on weekdays, the Chief Minister's Office (CMO) said in a statement.
Some of the major spending categories that saw a drop included online food ordering and dining out, with more individuals purchasing groceries and preparing meals at home.
Companies bank on festive season to beat slow market blues
There are several more innovative ways to eat fries.
After a group of young hackers beat companies that claim to spend a bomb on cyber security, Karan Choudhury reports on just how easy it is to exploit digital wallets.
Flipkart has promoted several of its leaders into newer roles at a time when the Walmart-owned e-commerce giant has internally raised its IPO (initial public offering) valuation target to about $60 billion and aims for a US listing in 2023, according to the sources. "I am delighted to announce the promotion of some of our exemplary leaders," said Kalyan Krishnamurthy, chief executive officer, Flipkart Group, in an internal note, and which has been reviewed by Business Standard. "Each of them has been instrumental in delivering impact and creating long-term value for Flipkart.
'The digital trust level has drastically gone up due to Covid, not only in tier-I and II cities, but also in tier-III, IV and V geographies,'
RustOrange co-founders Samik Sarkar, Shashank Agnihotri and Kuvalaya Singh share their story and learnings.
E-commerce platform Snapdeal has filed preliminary documents with markets regulator Sebi to raise funds through an initial public offer (IPO), joining the league of internet-led businesses looking to list on domestic stock exchanges. The public issue comprises fresh issuance of equity shares worth Rs 1,250 crore and an offer for sale (OFS) of 3.07 crore equity shares, according to the draft red herring prospectus (DRHP). According to market sources, potential listing could value Snapdeal at about $1.5-1.7 billion.
Hopscotch.in wants to focus on enhancing technology and mobile applications.
Things are expected to change dramatically in a few years for urban consumers.
Next in line will be mega stores in cities such as Gurgaon and Bengaluru, though timelines for launch have not been specified yet. The company will also launch two more city-centre or smaller stores in 2021 in Mumbai to reach a wider audience.
Zhang Zhan has been convicted of "picking quarrels and provoking trouble" for her reporting in the chaotic initial stages of the outbreak.
No alcohol was served in bars, pubs, restaurants and hotels and none could be bought either as permits expired on July 31.
These would include passenger engagement initiatives, consumer offers, and curated menus at food and beverage outlets.
The National Investigation Agency Wednesday registered a case under the anti-terror Unlawful Activities (Prevention) Act in connection with the 'heinous murder' of a tailor in Rajasthan's Udaipur by two people who, the agency said, wanted to 'strike terror among the masses across the country'.
With colours resembling famous candies and lolly brands, Nike splashed bright hues to drive sales to younger fans
As COVID-19 cases are on the rise in Tamil Nadu, Palaniswami on Friday had announced a complete shutdown beginning Sunday in Chennai, Coimbatore and Madurai for four days, disallowing grocery shops as well and fully curtailing movement of the public.
Ramping up e-commerce operations and going beyond its current strongholds are key challenges for the grocery chain in its battle with Mukesh Ambani's retail behemoth.
Fusion dessert fans, have a look at this fancy recipe!
Crab and pineapple are the hero ingredients in this comforting noodle soup.
Photo-messaging app Snapchat on Wednesday said its monthly user base has reached 100 million in the country, and the company will continue to anchor its efforts towards growing and providing more resources to its community of Indian creators. Snap Inc, the parent company of Snapchat, virtually hosted the second edition of 'Snap in India'. At the event, Snap co-founder and CEO Evan Spiegel announced the milestone of reaching 100 million Snapchatters monthly in India.
From convincing film-makers to do shows for online, to having a slate with some of the best films and shows, Amazon Prime Video has come a long way since it came to India four years ago.
Archana Walavalkar is on a mission to 'make India stylish'.
The second day of pre-Diwali Dhanteras witnessed a tepid response from shoppers on Friday as gold and silver sales have likely to be fallen by up to 35 per cent year-on-year due to high prices and COVID-19 induced financial distress, although consumers moved to online buying to make most of the festival, jewellers said. The buying was heavily restricted to light weight jewellery, coins and precious stones due to lower purchasing power and high gold rates, they said. Due to the fear of coronavirus infection, many customers who had booked in advance were taking delivery of wedding orders on Friday, while some were seen buying safely through online brands like Tanishq and Melorra.
With smart data-led mobile marketing, companies can reach out to the right target consumer with relevant offers.
Road and rail traffic was partially affected in some regions on Monday during a 'Bharat bandh' called against the Agnipath military recruitment scheme, while protests appeared to taper off in many states, with authorities stepping up security and imposing curbs after days of unrest.
Check out Group Buying Ideas for This Wedding Season. Budget constraints usually make us opt for a not-so-useful and inexpensive present for the newlyweds. Let's look at a few collective buying ideas that will fittingly demonstrate your good wishes this wedding season.
Their startup investments number 13 so far, compared to 17 deals in 2020.
Crispy wedges of nutty-tasting purple yam or kand make for a great snack break.
Explore ingredients that you may have never thought to use or need to use better.
McAfee exposes the Top 12 Scams of Christmas that criminals plan to use to rip off consumers as they shop online this holiday season.
The ban by the Delhi government was imposed after a large number of ducks at Sanjay Lake and crows at various parks were found dead in the past several days.
We say take her out for coffee. Nothing too formal, just along with a couple of friends and while you are paying, flaunt your Dhoom 3 wallet! There is a plethora of amazing wallets from Dhoom 3 merchandise.
Traditional textile and art forms are being adapted into modern-day garments, ranging from the super-luxurious to the casual.
Indian Sellers Collective (ISC), a trade association of micro and small enterprises and family businesses, on Wednesday urged IT veteran NR Narayana Murthy to cooperate in the Competition Commission of India's antitrust probe against Amazon for alleged anti-competitive practices. In 2014, Murthy's Catamaran and Amazon had formed a joint venture, Prione Business Services. On Monday, the partners announced that they have mutually decided not to continue the JV beyond May 2022. ISC thanked Murthy for deciding to end the joint venture with Amazon.
West Bengal Chief Minister Mamata Banerjee on Wednesday took stock of the COVID-19 situation in the state, shortly after her swearing-in ceremony, and announced fresh curbs to combat the spread of COVID-19, including suspension of local train services.
