Reporting and analysis on retail, e-commerce, and consumer trends in India, updated continuously by our newsroom.
Volkswagen has signed an agreement with Tata Motors to explore cooperation in India, company sources close to the matter said, as the German carmaker tries once again to conquer emerging markets. After months of talks, the carmakers have signed a memorandum…
Chinese electronic major iVoomi is all set to enter the Indian market with the launch of mid- to low-range of smartphones, the company said on Monday. To begin with, the company will unveil iV505 (priced at Rs 3,999) as its first smartphone in the country…
India’s plan of utilizing 5G technology to keep up with the rest of the world may soon become a reality. Indian operators will start the process of upgrading to 5G technology from this year. According to Huawei India CEO Jay Chen, 5G technology in present…
Ahead of the Holi festival next week, AirAsia India has announced a promotional offer, selling tickets starting Rs. 1,499. Bookings for this AirAsia India offer are open till March 12, 2017, the airline – which is a joint venture between Tata Sons and…
Low-fare carrier AirAsia will introduce its fourth direct daily flight between Kuala Lumpur and Trichy from April 26th. This will make the Tamil Nadu town the receiver of the highest number of flights in India from the Malaysian capital. The Trichy-Kuala…
AirAsia India, which is in the midst of a court case about foreign control and investments, plans to restart expansion and fly international by next year after regulatory authorities gave it tacit approval last month. Aviation regulator Directorate General of…
Branded luggage-maker Samsonite Asia aims to make China its biggest market within five years, pinning its hopes on eCommerce and social media to fuel growth. While sales in China now account for more than 10 per cent of its total revenue, Samsonite CEO Ramesh…
The Reserve Bank of India and the Indian Banks Association have launched Bharat QR, the world’s first interoperable QR code acceptance solution. The solution was developed by Mastercard in collaboration with National Payments Corporation of India (NPCI) and…
Disruptive new Indian 4G operator Reliance Jio’s free services offer will soon be coming to an end, but the operator has announced an aggressive new pricing strategy in a bid to retain as many of its new customers as possible. Jio launched nationwide services…
Vodafone India and Idea Cellular are reportedly on the verge of finalizing the terms of a major merger that would create India’s largest operator by subscribers. The operators are expected to finalize the agreement within a month and could be ready to…
Global brands like Gap, The Body Shop and Zara are slashing Indian retail prices to stay competitive in the heavily price-sensitive market. UK cosmetic brand The Body Shop slashed prices across categories in India by 20 to 30 per cent last week, and US…
DKNY India may quit the market after failing to generate sustainable profits. While mall executives and DKNY store managers have confirmed the exit, India franchisee DLF Brands has denied the US fashion brand is completely leaving the country, says the…
Through its Wonderful Indonesia brand, Indonesia will promote its vast tourism potential at the annual International Yoga Festival, due to be held in the Indian city of Rishikesh on March 1-7, 2017. To this end, the Indonesian Tourism Ministrys Deputy for…
Faberge, owned by UK emeralds and rubies mining company Gemfields, is the latest in a growing list of global luxury brands to enter India. It is following on the heels of such brands as Burberry and Rolex as India’s economic expansion spawns more billionaires…
Amazon India has applied to the government to invest US$500 million in a wholly owned venture that will allow the US eCommerce giant to stock locally produced food items and sell them online. If successful, it would become the first foreign retailer to enter…
Agility Logistics has launched the 2017 Agility Emerging Markets Logistics Index, an annual survey of more than 800 logistics professionals. The Index provides an annual snapshot of industry sentiment and a ranking of the world’s 50 leading emerging markets…
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