Reporting and analysis on retail, e-commerce, and consumer trends in India, updated continuously by our newsroom.
DHL Supply Chain (DHL) plans to invest €500 million in India over the next five years as it looks to grow its warehousing capacity, workforce and sustainability initiatives in the country. The company plans to own and operate large multi-client sites in…
SoftBank Group is in talks to invest $35 million in Indian car service and repair firm GoMechanic, in what would be one of the Japanese investor’s smallest bets in India by its Vision Fund, which typically signs bigger cheques, two sources told Reuters.…
Bangladesh is finalizing deals with Vietnam and India to import a total of 330,000 tonnes of rice as it races to replenish reserves and cool domestic prices, two officials with direct knowledge of the matter said on Monday. Soaring prices of the staple grain…
India’s telecom leader Reliance said on Monday it is working with Alphabet’s Google to launch a budget 5G smartphone as it laid out a $25 billion plan for introducing the next-generation wireless services within two months. Speaking at the company’s annual…
India is expected to roll out 5G services by October 12, according to Ashwini Vaishnaw, union communication, electronics and information technology minister. Vaishnaw revealed that 5G prices will be reasonable for users and that 5G services will be scaled up…
Airtel has paid Rs 8,312.4 crores to the Department of Telecom (Government of India) toward dues for spectrum acquired in the recently concluded 5G auctions. Airtel has paid four years of 2022 spectrum dues upfront. Airtel believes that this upfront payment,…
With an objective to boost the 5G ecosystem within India and to achieve the objectives of Aatmanirbhar Bharat and Make in India initiatives, the Government of India has decided to offer the use of Indigenous 5G Test Bed free of cost to the Indian…
Shares of Indian food-delivery company Zomato plunged 14.3 per cent to a record low today, as a one-year lock-in period for promoters, employees and other investors came to an end following last year’s listing. Zomato made a stellar debut on July 23 last year…
Reliance Retail Ltd on Wednesday announced its long-term partnership with Gap and plans to bring the iconic American fashion brand to India. “Through a long-term franchise agreement, Reliance Retail has become the official retailer for Gap across all channels…
Kacific Broadband Satellites Group, along with local partners PT Bis Data Indonesia (BIGNET) and PT Primacom Interbuana (PRIMACOM), has completed the deployment of over 2,500 sites, in a record five month timeframe, to provide satellite internet access to…
India will be holding a 5G spectrum auction by the end of July, with frequencies set aside for private mobile networks. This was announced by the Union Cabinet chaired by Prime Minister Narendra Modi. 72 GHz of spectrum will be auctioned for a 20-year tenure…
Skoda Auto India has announced expanding its total customer touchpoints to over 205 outlets, across 123 cities. The carmaker says that it has 175 touchpoints in India in December 2021, and in the last six months the company has added more than 30 outlets.…
India has received 34 million barrels of discounted Russian oil since Moscow invaded Ukraine on Feb. 24, according to Refinitiv Eikon data, more than trebling the value of total imports from Russia, including other products, compared with the same period of…
At an event celebrating the Telecom Regulatory Authority of India’s (TRAI) 25th anniversary, Prime Minister Narendra Modi said that the country is on track to roll out domestically developed 6G by the end of the decade. Currently, India’s 5G developments are…
Southeast Asia and Latin America are strong growth regions for Mastercard after its withdrawal from Russia in March and India’s 2021 ban on it from issuing new cards, the company’s co-president for international markets said. “Southeast Asia is exciting (due…
The pre-owned car segment is a lucrative market, especially for a luxury carmaker like Porsche as it prepares to open it’s first ‘Porsche Approved’ pre-owned car store in Kochi on June 8, 2022. Part of the Volkswagen Group, the Porsche Approved Centres joins…
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