Reporting and analysis on retail, e-commerce, and consumer trends in India, updated continuously by our newsroom.
India’s Reliance Communications has arranged to merge its mobile business with rival Aircel to create one of India’s top four operators by customers and revenue. The deal is expected to be the largest ever consolidation in the Indian telecoms sector, RCom…
Belgium brewery, The Musketeers, has apologized for using Lord Ganesha as icon representing its Jack’s Precious IPA beer. The translation of the brewery’s (headquartered in Ursel, East Flanders) statement in Dutch, responding to criticism by Hindu community,…
Celebrations never end at Viviana Mall. Well known as the leading retail destination mall in Mumbai Metropolitan Region, Viviana mall in collaboration with its creative agency Thought Blurb is inviting customers to celebrate their everyday moments in their…
The state-run firm currently has marketing subsidiaries in Sri Lanka, Mauritius and West Asia. IOC, as part of its overseas expansion, is set to come up with its first international product pipeline to Nepal. “We have submitted a bid to start retail outlets…
India is the third biggest home to tech startups, following the US and the UK, a study indicates. The study, conducted by Assocham in association with Thought Arbitrage Research Institute, also indicates that Bengaluru hosts the largest share of technology…
Rocket Internet-backed Foodpanda India, which last year faced allegations of internal fraud and misappropriation of funds, is reported to be raising fresh capital. It has mandated Mumbai-based mid-market investment bank O3 Capital for a US$40-60 million…
Riding on a sustained double-digit growth in scooter volumes, Japanese auto major Honda has seen India emerge as its biggest two-wheeler market this financial year. Honda Motorcycle and Scooter India (HMSI) recently overtook the company’s volumes from the…
CapitaLand Mall Asia Ltd, CapitaLand’s wholly owned shopping mall business, has signed its first third-party management contract to manage the retail component of a mall in China. The contract with Changsha Pilot Investment Holdings Group Co is for Fortune…
Amazon India is planning to expand its private label fashion offer to gain a bigger foothold in the growing eCommerce sector. Deal Street Asia reports that the US-based company sees private label fashion and electronics lines will help give the brand…
India’s Bharti Airtel has launched a new suite of end to end networking and connectivity services for global companies looking to set up businesses in the market. The new India with Airtel services are aimed at improving the ease of setting up a business in…
After announcing plans to capture the global recovery in demand for diamond jewellery and other luxury items, India’s Gitanjali Gems saw its share price hit a 52-week high. This follows the jewellery manufacturer and exporter’s share price dipping to its…
Consumer internet firm AskMe may shut down operations from August 31, suggest minutes of a meeting held in July. It has terminated the services of its delivery boys and asked employees to work from home. The meeting between the authorised representatives of…
UCWeb, the mobile browsing arm of e-commerce giant Alibaba Group which is behind the UC Browser, is claiming more than 50 per cent shares of both the Indian and Indonesian mobile browser and search engine markets, six years after entering the countries for…
The Indian government does not intend to relax rules regarding foreign investments to allow Japan’s NTT DoCoMo to exit its Tata DoCoMo joint venture at a pre-determined price. The government has taken the view that there is no case for bending the rules for a…
The Indonesian Tourism Ministry believes that direct flight from and to India could increase the number of Indian tourist arrivals in Indonesia. “The main challenge is direct flights as the existing ones are just transit flights from and to India,” Dody…
Chinese internet giant Alibaba has been discussing the acquisition of Indian online marketplace ShopClues, which is valued at more than US$1 billion. Alibaba wants to merge the marketplace of Paytm, in which it has a stake, with larger rival ShopClues,…
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