Reporting and analysis on retail, e-commerce, and consumer trends in India, updated continuously by our newsroom.
Indian conglomerate Tata Group is reportedly considering winding down its struggling mobile operation Tata Teleservices after failing to find a potential buyer. Cciting unnamed sources, Tata Group chairman N Chandrasekaran is evaluating suspending its…
Dorothy Perkins, the UK-based women’s fashion retailer, which has been dressing and inspiring women worldwide for more than 100 years, has announced Jabong as their third largest global digital partner. The brand is available on Jabong, with an extensive…
Zara India is launching an online store on October 4, it has announced on its Facebook page. This follows the Spanish clothing retailer launching e-commerce sites this year for Malaysia, Singapore, Thailand and Vietnam. With a presence in 93 countries, the…
Nike India is planning to further trim back its business activities to stem losses. A year ago the US sportswear major had already closed about 35 per cent of its stores, leaving it with about 200 outlets. While the sportswear market is expected to touch US$8…
CK Hutchison Holdings has been hit with a 320.32 billion rupee ($5 billion) tax demand in India over the sale of its Indian mobile business to Vodafone a decade earlier. The demand includes a base tax claim of 79 billion rupees, as well as 164.3 billion…
Crocs, the US footwear brand, as promised has started its retail expansion drive in India and opened a store at MGF Metropolitan Mall in the city of Jaipur. The store features a full line-up of the brand’s flats, loafers, sneakers, flip flops and its…
Bengaluru-based restaurant chain Barbeque Nation Hospitality aims to raise about Rs700 crore (US$109 million) through an IPO. Draft documents filed with the Securities and Exchange Board of India say the offer comprises a fresh issue of up to Rs200 crore as…
Retail Food Group owned Pizza Capers, has today announced it’s entering the Indian market via a master franchise license in favour of local firm Krsna Foods (India) Pvt Limited. RFG chief executive – international, Mike Gilbert, said the grant of master…
Online payments company PayPal has set up two new innovation labs at its Chennai and Bangalore tech centers in India. These are the first of such facilities in India set up by the company and third globally after the US and Singapore. These labs will support…
Bally has brought its luxury offerings to India, opening its debut location in New Delhi in partnership with local licensee Reliance Brands. Situated in Delhi’s DLF Emporio, the flagship store is lavishly designed with a focus on the high-end products…
Low-cost carrier AirAsia India has inducted a new aircraft (Airbus A320) to its fleet taking the total to 12. Focusing on its expansion plans, the airline has announced a new Hyderabad-Jaipur route which will be operational from September 1. AirAsia India has…
India’s Bharti Airtel has reported a steep 75% decline in first quarter profit as a result of the intense competition triggered by the entry into the market of Reliance Jio Infocomm. Net profit fell to 3.67 billion rupees ($56.9 million), marking the Indian…
The Competition Commission of India has approved the proposed merger between Indian operators Vodafone India and Idea Cellular, which would create the market’s largest mobile operator by subscribers. The regulator has cleared a proposal that would see…
The digital B2B marketplace for warehousing, Log-hub AG from Switzerland, and the Indian Supply Chain specialist 3SC are now collaborating on the Indian market. Both companies are technology based and offer advanced analytics based transportation and…
India’s Reliance Jio Infocomm has disrupted the mobile market once again with the launch of a “free” 4G handset named the JioPhone. The operator is offering the JioPhone for a security deposit of 1,500 rupees ($23.29), fully refundable after three years. The…
India’s largest operator by subscribers Bharti Airtel has accused disruptive new market entrant Reliance Jio Infocomm of attempting to distort competition and create a monopoly with its proposal to scrap the current interconnect usage charge (IUC). At an…
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