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India Retail News

Reporting and analysis on retail, e-commerce, and consumer trends in India, updated continuously by our newsroom.

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3 Jul 2017

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Latest India retail stories

amazon
Mei Ling TanE-Tailing
1 min read

Amazon Prime Day will include China and India on July 11th

Amazon’s Black Friday-like event for the summer will be back for the third time. On July 11th, the e-commerce giant will hold the third annual “Prime Day,” and this time, more people will be able to take advantage of all the deals on offer. To start with, the…

Startup
Mei Ling TanGeneral
1 min read

India, Portugal launch international startup hub

India and Portugal have entered a collaboration to strengthen the connection between the startup ecosystems of the two countries. The recently-launched India-Portugal International Startup Hub is an initiative towards that end. “Startup sphere is an…

Indian Food
Mei Ling TanFood
2 min read

India to become the gateway to the food industry

India is all set to become the global manufacturing hub of the food industry, and to establish its presence and showcase its capabilities, the World Food India 2017 is being held in New Delhi, from 3rd to 5th November 2017. World Food India will be the…

Kioda
Mei Ling TanGeneral
1 min read

Kioda to enter India via franchise route, open 300 stores

Malaysia-based Korean concept retail store Kioda plans to open 300 stores in India by 2021 and has tied up with Franchise India which will invest USD 10 million for expansion and marketing. Kioda, which has a product range of cosmetics, gifts, stationery and…

Amazon India
Mei Ling TanE-Tailing
2 min read

Amazon India, Myntra get battle ready for fashion sales this weekend

With apparel manufacturers trying to liquidate old stock ahead of the new GST tax regime, e-commerce companies like Amazon India, Myntra and Jabong are expecting blockbuster sales this weekend. Flipkart firms Myntra & Jabong will go head on with Amazon India…

digital plan
Mei Ling TanTelecom
2 min read

India’s digital economy can reach $4tr by 2022

India’s digital economy has the potential to reach up to $4 trillion in just four years, according to India’s tech firms. This outshines the government’s goal of making India a $1 trillion digital economy by 2022. IT minister Ravi Shankar Prasad, who chaired…

telecom
Mei Ling TanTelecom
1 min read

India’s telecoms sector under “severe financial stress”

India’s Department of Telecom (DoT) has asked the nation’s finance ministry to cut its target for non-tax revenue to be raised from the telecoms industry by nearly 40% due to the “severe financial stress” the sector is facing. The Finance Ministry has set a…

Airasia plane
Mei Ling TanGeneral
1 min read

Budget airline AirAsia announces discount fares

There is good news for air travellers. Budget airline AirAsia has come out with ‘discount fares’ as part of its sales promotion campaign. The ‘discounted fares’ begin from as low as Rp1,099 for domestic destinations on flights operated by its Indian joint…

amazon dash
Mei Ling TanE-Tailing
1 min read

Amazon reportedly eyeing BigBasket buy in India

India’s e-commerce market, which is very much driven by mobile commerce, is growing fast and Amazon, which has been operating there for several years, is trying to stay ahead of that growth. The company recently made progress gaining on market leader…

flipkart logo
Mei Ling TanE-Tailing
1 min read

Flipkart fashion sale clocks 2x sales jump

Running on its 3rd day, Flipkart said its Fashion Sale event has witnessed a 2x sale jump in the first 3 days of the total 9 day sale event. The ecommerce player said, it is confident about receiving similar response on the remaining 6 days of the sale event.…

123360638
Mei Ling TanGeneral
1 min read

Thai AirAsia to launch direct flights to Bangkok

hai AirAsia has planned to operate direct flights to Bangkok from Trichy international Airport on a daily basis from August 12, according to sources. The move was widely welcomed as a large number of travellers from the central region currently have to take a…

airtel
Mei Ling TanTelecom
1 min read

Airtel beats Jio by active customer adds in March

India’s largest operator Bharti Airtel beat out disruptive new entrant Reliance Jio Infocomm in April in terms of active subscriber additions for the first time since Jio launched services last September. Analysis from Goldman Sachs finding that Airtel added…

internet
Mei Ling TanTelecom
1 min read

Vietnam, Indonesia have much faster internet speed than India

Ranked 89 globally, India’s average internet connection speed of 6.5 Mbps is slower than Vietnam and Indonesia, which are much faster, a report said on Friday. While Vietnam, ranked 58, had an average internet speed of 9.5 Mbps, Indonesia at rank 77 provided…

airtel
Mei Ling TanTelecom
1 min read

Airtel secures approvals for Telenor India merger

India’s Bharti Airtel is closer to completing its acquisition of Telenor’s Indian operations, after securing approval for the proposed merger from the Competition Commission of India (CCI). In a statement to the Bombay Stock Exchange (BSE), Airtel said CCI…

Rcom
Mei Ling TanTelecom
1 min read

RCom gets seven-month debt reprieve

India’s Reliance Communications (RCom) has been granted a seven-month reprieve from its debt repayment obligations to give it time to complete its proposed merger with Aircel and a planned sale of a stake in its mobile tower operations. In a media release,…

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