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Indonesia will be promoting “Wonderful Indonesia,” its country branding, in Mumbai, India, from December 2-4, 2015 in order to market tour packages featuring attractive cultural performances and festivals. Assistant Deputy for Asia Pacific Market Development,…
Indian retailer Malabar Gold and Diamonds says it will open 22 new stores in India, the Gulf and ‘the Far East’ over the next six months. New showrooms will be opened in Hong Kong and Indonesia as part of the plan, but there are no details as yet on timing or…
WS Retail, the largest seller on India’s biggest online marketplace Flipkart, nearly tripled its turnover to Rs 10,163 crore in FY15 — more than the combined sales of top brickand-mortal retailers such as Shoppers Stop, Future Lifestyle, Tata’s Trent and…
KidZania, the global chain of role-play centres for children, will invest over US$15 million in a facility in Delhi-NCR, CEO Sanjeev Kumar, has said. “The project funding will be done through 70 per cent equity and 30 per cent debt, Kumar said. The new…
Elitecore Technologies, a global provider of BSS and Packet Core solutios, announces that a leading Tier 1 Operator in Malaysia has deployed Elitecore’s 3GPP compliant Online Charging System (OCS) for their voice and data services; the solution enables its…
Fashion denim brand G-Star Raw says it is considering forays into Malaysia and Vietnam after a successful debut in India. G-Star recently opened its first Indian store in Mumbai’s Palladium Mall and plans a network of up to 35 stores by 2020 in partnership…
Global turmoil may have forced many foreign banks to exit non-profit making India businesses but Singapore-headquartered DBS Bank has a different story to sell: retail banking. The lender is now planning to expand its retail footprints through remittance…
With only a tiny share of the world’s fastest-growing major smartphone market, Apple Inc is stepping up its push into India, with a first targeted TV advertising campaign, expanded retail network and promotional financing schemes. For years, India has been a…
Consumer goods company Capital Foods, which sells the Ching’s Secret instant noodles and Smith & Jones ketchup and masala noodles, has officially exited the noodles category post the Nestle Maggi controvery. The company says it had a marginal contribution…
Ikea India has acquired the land for the first of 25 stores planned for the country. The Swedish home furnishings company says the 13 acre site is located close to the IT hub Hitec City and is close to public transport, including a metro line under…
Japanese minimalist retailer Muji will open its first shops in India by the center of subsequent yr. Muji has sealed a cope with Reliance Industries to create an Indian operation, turning into Reliance’s 19th worldwide retail model. Muji’s information comes…
Reliance Retail would launch a B2B digital market to allow small retailers to transact on-line, chairman Mukesh Ambani stated at Reliance Industries’ 41st annual common assembly at this time. “We’re rolling out the Reliance Digital Market platform to allow…
Hole has lastly made its debut in India – opening its first retailer at Choose Citywalk in an upmarket suburb of Delhi on Saturday. India represents one of many final remaining main creating markets the US informal attire model had not entered. It trails Zara…
More than 10 Indian shopping malls have been shuttered or converted into office space in the last two years – most of them in Mumbai. And more – like the Nirmal Lifestyle Mall in Mulund, central Mumbai, and Centre One, the oldest mall in Vashi, New Mumbai –…
