Reporting and analysis on retail, e-commerce, and consumer trends in India, updated continuously by our newsroom.
US tech major Apple will set up an App Accelerator in Bangalore, in order to provide support to Indian developers and help them to transform the design and performance of their apps on its mobile operating system iOS. The Accelerator in Bengaluru, the hub of…
India’s Reliance Jio Infocomm has called on the market’s telecoms regulator to penalize incumbent operators Bharti Airtel, Vodafone India and Idea Cellular for allegedly violating regulations covering mobile plans in an attempt to prevent more customers from…
GMR Hyderabad International Airport (GHIAL), which operates Hyderabad Airport today announced the opening of ‘Mumbai Central’ near EAT at Hyderabad food court at the domestic departures Security Hold Area (SHA) of the airport. With the opening of its outlet…
Alibaba Mobile Business Group-owned company UCWeb’s news app UC News has garnered more than 100 million monthly active users (MAUs) in India and Indonesia. With 100 million daily article views, UC News has rapidly grown in the India and Indonesia markets…
Instant messaging app WhatsApp India, owned by Facebook, has advertised for someone to head its digital transactions. It is the first time it has looked at moving into digital payment services globally, Reuters reports. India is WhatsApp’s biggest market with…
The latest H&M Sustainability Report released this week aims for 100 per cent recycled or other sustainably sourced materials by 2030. And the Swedish headquartered retailer says it wants to be “climate positive” throughout its entire value chain by 2040.…
Australian swimwear brand Seafolly and Colombian beachwear brand Maaji are the first signings for a global lifestyle platform launched by L Catterton Asia. Based in Singapore, L Catterton Asia is an arm of private equity firm L Catterton, formed last year…
Indian telecoms regulator Trai has finally ordered an end to disruptive new operator Reliance Jio Infocomm’s practice of offering free services to customers as promotional exercises. The regulator has instructed Jio to withdraw its Summer Surprise offer,…
According to the latest numbers, the Maruti Suzuki Alto is yet again the best selling car in India. Leading the sales in its 13th consecutive year, the car maker registered sales of over 2.41 lakh units of the Alto in 2016-17. The fiscal year of 2016-17 saw…
AirAsia India is offering all-inclusive fares starting from Rs. 1,249 for domestic travel while its Malaysian parent AirAsia is selling tickets from Rs. 1,999 for international travel as part of the “Mega Sale” scheme, which is open till April 9, 2017. Some…
Sri Lankan mobile operator Mobitel has appointed Nalin Perera as its CEO. Perera started his career at Mobitel in 2001 as general manager of marketing and was later promoted to the positions of senior general manager of marketing and senior general manager of…
Ericsson and the Indian Institute of Technology Delhi (IIT Delhi) have signed a MoU to jointly roll out a ‘5G for India’ program, conceptualized to fast-track realization of Digital India initiatives and aid application development for Indian start-ups and…
Fast-fashion brand Forever 21 India has opened a store in Kolkata, its 16th outlet on the sub-continent. Covering 6000 sqft (557 sqm), the store features the latest spring/summer collection, and as well as Forever 21 apparel and accessories includes the…
Indian auto parts maker Motherson Sumi Systems Ltd said on Monday it had completed the buyout of Finland’s PKC Group for 571 million euros ($619.4 million). Motherson is now the controlling shareholder of PKC Group, holding 93.75 percent of PKC’s outstanding…
The Indian government has instructed the nation’s mobile operators to re-verify all their mobile subscribers with a system that uses biometric authentication by next February. All existing subscribers will need to be re-verified using the Aadhaar-based…
Three days after closing a funding round of US$1 billion, Flipkart is taking steps to acquire eBay India. Insiders say eBay India will be folded into Flipkart, reports start-up specialist publication E27. After Flipkart, Amazon, Shopclues, PayTM and Snapdeal,…
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