Reporting and analysis on retail, e-commerce, and consumer trends in India, updated continuously by our newsroom.
Bharti Airtel is reportedly in advanced negotiations to buy out Telenor’s Indian operations through a debt acquisition deal. Airtel is planning to take on debt of around 15 billion rupees ($219.6 million) from Telenor by way of payment for the purchase.…
Budget airline Philippines AirAsia wants flights to India and has sought the Philippine government’s approval for the right to launch a route to New Delhi. Philippines AirAsia, the domestic unit of Malaysian budget carrier giant AirAsia Berhad, filed an…
India’s Tier 2 and 3 cities led growth in smartphone sales during the festive season between August and October, according to IDC. Total sales in tier 2 and 3 cities – those with a population of between 20,000 and 100,000 – grew 23.3% growth over the previous…
Mobile wallet transactions in India are on pace to grow at a CAGR of a strong 160% through to 2022 to reach 260 billion, new research indicates. A joint study conducted by The Associated Chambers of Commerce & Industry of India (ASSOCHAM) and business…
India and Indonesia will be the Development Bank of Singapore’s “big” areas of focus for this year, its chief executive officer Piyush Gupta has said. “We also remain focused on building leading regional cash management, foreign exchange, debt markets and…
Less than a month after celebrity couple Jaime Teo and Daniel Ong made their divorce public, it is now confirmed that Twelve Cupcakes, the cupcake chain they founded in 2011, has been sold to Kolkata-based Dhunseri Group, one of India’s largest tea producers,…
The Mumbai Duty Free joint venture of DFS Group and Flemingo International teamed up with Pernod Ricard India recently for its third edition 2016 ‘Taste of Luxury’ promotion at Mumbai’s Chatrapati Shivaji International Airport Terminal ‘T2’. This offers the…
‘Frshly’ has launched its service offerings at the Bengaluru Central Railway Station and Chennai international Airport. Frshly is a first-of-its-kind automated retail marketplace that sells fresh and hot food from popular restaurant brands in the city for…
Indian retail customers are taking strongly to mobile commerce, with nearly 83 percent of people owning a smartphone saying that they shop online on their mobile phones, new study reveals. As expected, customers in the younger age group – 25-34 years old –…
In a bid to knock online marketplace Flipkart from its leadership position in India, eCommerce giant Amazon has injected Rs2010 crore (US$296 million) into its Indian unit. Regulatory filings show that the move takes Amazon’s total capital investment in India…
The inaugural HKTDC Lifestyle Expo in New Delhi welcomed more than 2,000 trade buyers during its two-day run on 19 and 20 December 2016, as 120 Hong Kong and mainland companies showcased a range of trendy, high-quality products, reaffirming Hong Kong’s…
India’s rapidly expanding digital population is expected to double to approximately 600 million users by 2020 from 343 million users today, a new study reveals. The joint study, conducted The Associated Chambers of Commerce & Industry of India (ASSOCHAM) and…
Eros Now has entered into a strategic partnership in India with Paytm to enable its subscribers to make easy and hassle free payments using the e-wallet service. “Post demonetization in India, there has been a high surge in mobile and digital payments as we…
The Indian government is reportedly planning to start screening imported telecoms equipment used in mobile networks and handsets from April 1, 2017, following several implementation delays over the last three and a half years. The government has assigned labs…
No-frills carrier AirAsia under a New Year offering is selling an all-inclusive tickets starting from Rs 917 onwards, NDTV reported on Monday. The Malaysia headquartered carrier’s offer is open till January 1 next year and is valid on travel from March 1 to…
Reliance Brands will launch Bally India after signing an exclusive distribution and marketing rights agreement with the Swiss luxury brand. Bally and Reliance plan to open a store in New Delhi next year and will look at further expansion afterwards in…
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