Reporting and analysis on retail, e-commerce, and consumer trends in India, updated continuously by our newsroom.
India’s YES BANK has deployed Gemalto technology to secure mobile payment transactions for its customers under India’s recently implemented Unified Payments Interface (UPI). YES BANK, India’s fifth largest private sector bank, has adopted Gemalto’s SafeNet…
India’s Bharti Airtel posted a 30.8% slump in net profit for the June quarter, as a steep 42.1% decline in the value of the Nigerian Naira reduced contributions from the operator’s African operations. Airtel reported a net profit for its fiscal first quarter…
Online retailer Amazon India has rolled out the global Prime membership service, giving customers access to unlimited free one- and two-day delivery on more than 100,000 products. It is also introducing its Prime video service, giving members access to movies…
In a bid to bridge the skills gap in the mobile app development segment in India, Google has launched a new certification program to train two million Android app developers over the next three years. The company hopes to support the government’s Skill India…
Zee Entertainment Enterprises has decided to acquire fully Sarthak Entertainment, which operates Odia-language Sarthak TV. The acquisition shall be from current shareholders of Sarthak Entertainment, subject to requisite regulatory approvals, as an all-cash…
A massive Starbucks Asia store roll-out has boosted the global coffee company’s third quarter results. Across China and the Asia-Pacific region, Starbucks opened 888 new stores in the first nine months of the current financial year. That helped lift revenues…
The GSMA has launched its Mobile Connect authentication service across India, in collaboration with six mobile operators. Bharti Airtel, Idea, Aircel, Vodafone India, Tata Teleservices and Telenor India have all started offering Mobile Connect services. A…
Telenor Group has revealed it will not participate in India’s upcoming spectrum auction, leading to speculation about the company’s future in the market. The company has decided after thorough consideration not to participate in the auction, “as we believe…
Italian fashion house Valentino is about to enter India, joining a growing list of luxury brands changing their focus to a buoyant retail scene far from the slowing Chinese economy. Valentino is reportedly dealing with IDFS Tradings and is also in talks with…
NEC in Japan and NEC Technologies India have established the “OSS Technology Center,” an organization specializing in technical support related to the use of open source software (OSS). The new organization began operations July 1, with approximately 50 staff…
Aditya Birla Fashion and Retail (ABFRL) will acquire US-based clothing brand Forever 21 India from existing local franchise partner Diana Retail. The Rs.175-crore (US$26 million) transaction involves a business transfer agreement, not share transfer, says…
India’s Bharti Airtel has received approval for its 35 billion rupee ($521.2 million) acquisition of 4G spectrum from Maxis-owned Aircel. The Telecom Ministry has agreed to allow Bharti Airtel to acquire 20 MHz of 2300-MHz spectrum in eight of India’s 22…
It’s going to be a lot tougher to buy smartphones in India around the festive season beginning October, a time when Indians buy the maximum, fancy gadgets included. The reason is really very simple, plain economics-a demand-supply mismatch. There is, as of…
Sportshoe brand Adidas Group India is planning to launch a shopping app by December, primarily to drive customer engagement through content and loyalty programs, as well as boost online sales. It is a significant move as it indicates increasing fragmentation…
Intellect Design Arena Limited, a specialist in applying true Digital Technologies across Banking, Financial Services & Insurance, announced that Bank Maybank Indonesia one of the largest banks in Indonesia has gone live with Intellect’s Integrated Treasury…
Vodafone India is reportedly the frontrunner for acquiring Telenor’s Indian spectrum holdings and operations in a deal that could be worth over $1 billion. Two people close to the negotiations said that Vodafone India is pursuing the deal to help it better…
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