The recent implementation of the GST along with the rise of e-commerce has caused over 50 brands to announce that they will launch in India in the next six months. Data compiled by Franchise India states that a large number of brands, including 14 from the US…
After announcing last December a distribution partnership deal with Tablez Retail to enter India, Cortefiel group has opened its first retail stores. The contract will see 60 store openings in India, as well as nearby Sri Lanka. On July 17, mixed apparel…
Celebi Delhi Cargo terminal went live with Kale’s Galaxy (Domestic module) Cargo Management system as part of the phase wise implementation of the entire suite of Galaxy Air Cargo management software system comprising of EXIM operations, Warehouse Management,…
India’s Flipkart is planning to enter the brick-and-mortar space as a master franchisee for foreign brands. This follows other e-commerce companies opening on-ground ventures as the online market slows down. Flipkart is already in advanced talks with Giordano…
India’s Bharti Airtel has announced plans to launch VoLTE services later this year to counter new market entrant Reliance Jio Infocomm. Airtel is trialing VoLTE in five cities and plans to become the second operator in the nation after Reliance Jio to launch…
India’s annual retail inflation eased in June to its slowest pace in more than five years, as food prices fell, building pressure on the central bank to cut interest rate when it meets for a monetary policy review on August 2. The consumer price index rose…
Coming from some other debt-ridden airline, it might have been shrugged off as just another service cutback. But not this time: When Air India announced on Monday that coach passengers on its domestic flights would now be offered only vegetarian meals, the…
Delhi Duty Free posted its highest ever sales in a single month in June, hitting US$ 15.1 million. This compares to US$ 13.9m in the corresponding month last year. June also saw the highest daily sales yet (US$625,000), over +50% growth in Shop & Collect…
India may see a mega merger this year, if reports out of the region are correct. Tata Group has long been seeking a way to reconfigure its capital structure and relieve the pressure of its debt, and they may have found a way to do it with the help of the…
DHL Express, a group company of Deutsche Post DHL, which saw 8 per cent growth in volume terms in the March quarter, is eyeing India’s 7 per cent economic growth and is also exploring introduction of its electric van, StreetScooter, used for delivery of…
Foxconn will invest up to 320 billion rupees ($4.9 billion) to establish more manufacturing capabilities in India, in response to the nation’s recent legislative changes designed to incentivize local manufacturing. The company plans to exponentially scale up…
India’s big data analytics sector is set to record impressive growth in the coming years, WNS Global Services has predicted. The sector is expected to witness eight-fold growth to reach $16 billion by 2025 from the current $2 billion, according to industry…
The textile and apparel industry in India is worth some $110 billion, and is the nation’s second largest employer, after agriculture, providing direct employment to more than 45 million people and indirect employment to another 60 million. All this is set to…
Singapore is exploring more airline services to India whichis expected to overtake China and Indonesia to become the fastest-growing air-traffic generating market for Changi Airport here, according to a media report. New services to Pune, Madurai, Bhubaneswar…
AirAsia India aims to scale up to a fleet of 20 planes by September-October and commence international operations thereafter, its CEO Amar Abrol said on Tuesday. Any domestic airline with a fleet size of at least 20 aircraft will be eligible for international…
Some of India’s biggest retailers announced price cuts on Saturday as Asia’s third-largest economy switched to a new nationwide sales tax at the stroke of midnight, replacing a host of provincial and national levies. The Goods and Services Tax (GST), India’s…
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