Reporting and analysis on retail, e-commerce, and consumer trends in India, updated continuously by our newsroom.
In January, passenger traffic across Asia-Pacific recorded a +4.4% increase whereas the Middle East reported a small reduction of -0.4% compared to the same period last year. This month’s traffic was largely distorted by the later timing of Chinese New Year…
India’s Bharti Airtel has approved a plan to merge its infrastructure unit Bharti Infratel with Indus Towers to create a listed pan-India tower company. The combined company will fully own the respective business of Bharti Infratel and Indus Towers, and will…
India’s Bharti Airtel has reported a steep 78% slump in net profit for the March quarter to 830 million rupees ($12.5 million), partly as a result of the industry’s ongoing price war. Revenue for the quarter fell 5.4% year-on-year to 196.3 billion rupees,…
India’s Blackberrys menswear brand is eyeing 25 per cent growth in turnover to touch INR1500 crore (US$226 million) by 2020 on the back of retail and portfolio expansion. The company, which also has the Casuals and Urban brands, plans to add 100 stores this…
Reliance Communications has been hit with a fresh roadblock to its attempt to sell its tower and fiber assets to Reliance Jio Infocomm. India’s National Company Law Appellate Tribunal (NCLAT) has withdrawn aninterim order that had cleared RCom to proceed with…
AirAsia India will launch two new daily flights from Bagdogra – one linking Calcutta in the morning and the other connecting Delhi in the evening – from May. “AirAsia India will launch a flight to Delhi in the evening from May 1 and a service to Calcutta in…
Earlier last week, a top official of AirAsia India reported that the carrier has charted out expansion plans to connect more tier-II and III cities and set a target to commence flights to overseas destinations by January 2019. This statement followed the…
India’s Supreme Court has cleared Reliance Communications (RCom) to sell its wireless assets to Reliance Jio Infocomm for 250 billion rupees ($3.85 billion), vacating two stay orders on the sell-off. The court has vacated a stay on the sale of spectrum, media…
AirAsia is rolling out tickets for a price of Rs 1,699. This offer comes as AirAsia India introduces new routes from Kolkata to Guwahati, Imphal, Pune and Visakhapatnam. The offer is available till April 15, 2018 and the travel period that starts on May 11,…
China’s Xiaomi said it wants its global smartphone component makers to set up base in India, in what is likely to bring as much as US$2.5 billion of investment to the South Asian nation while also creating up to 50,000 jobs. Xiaomi’s push could boost Prime…
Vodafone India has taken another step towards the closure of its planned merger with Idea Cellular, after the company completed Tuesday the sale of its standalone tower business to ATC Telecom Infrastructure Private Limited (ATC) for 38.5 billion rupees…
The Indian government has introduced a 10% import duty on key smartphone components as part of its ongoing efforts to stimulate local handset and component manufacturing. The new duty covers PCBs, camera modules and connectors and is likely to increase prices…
India’s Department of Telecom (DoT) has instructed operators including incumbent Bharti Airtel to vacate spectrum in the 3,300-MHz to 3,400-MHz range by the end of September so it can be included in a new auction. The operator has written to all existing…
Indian custom-clothing brand Creyate plans to open stores in Singapore, the US, UK and Dubai after a successful foray into Japan. Owned by Arvind Internet, the company recently opened its first luxury store in the Indian city of Bengaluru and is considering…
Indian fashion brand Alcis Sports plans to add 15 exclusive brand outlets in metro areas by year’s end. President Anuj Batra says the brand may also enter some top towns such as Lucknow and Mysore through franchise partners. While the brand is available…
After making her debut at India Runway Week, celebrity designer Mithi Kalra is all set to launch a Punjab inspired collection. Titled ‘Barkat Punjab’ the collection is celebrating the moods of a girl from Punjab who wishes to look traditional as well as…
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