While brick-and-mortar retailers have been the most vocal in their protests, e-tailers do not seem to be in a hurry.
Many millennials believe that they have enough time to plan for long-term goals, hence they do not worry about goals such as retirement.
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.
The big boys of India's traditional retail have finally come together to fight the onslaught of their online counterparts.
Retailer bodies to demand govt action against I-Day sales offers, threaten legal action for breach of FDI rules.
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.
To generate ample private sector interest, there is a need to introduce market-linked tariff rates.
Asking the government to tweak FDI norms in multi-brand segment, retailers said sourcing rules must be made similar to that of single brand while demanding foreign firms be allowed to put only 50 per cent of first tranche of investment in back-end infrastructure.
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Traders were up in arms, fearing huge job loss if Walmart was to enter.
After six years in the business, the scorecard of Bengaluru-based QwikCilver is impressive, with a 90 per cent market share.
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