Mumbai: Indians are buying gold for as little as one rupee (1 cent) as retailers offer online sales in bite-sized…
H&M sales grow roughly in line with expectations in Q4
STOCKHOLM: Sweden’s H&M, the world’s second-biggest fashion retailer, said on Monday that local-currency sales growth for its fiscal fourth quarter roughly matched market…
Export growth to surge 7% in Oct-Dec: Exim Bank
MUMBAI: The Export Import Bank of India (Exim Bank) Monday said the country’s export growth will surge to 7 per…
Nestle to cut about 380 jobs at four locations in Germany
ZURICH: Swiss food giant Nestle is cutting around 380 jobs in Germany by closing two locations and reducing the workforce…
E-commerce share in India’s FMCG retail sales triples in 2 years: Nielsen
Growing consumer trust and confidence in online buying has helped e-commerce platforms expand their share in India’s total FMCG retail…
Madras HC bars e-sale of drugs from Thursday
Mumbai: In what could be a big disappointment for e-pharmacies and a huge inconvenience to patients, the Madras high court…
Zara owner Inditex reports 4 pct profit growth
MADRID: Zara owner Inditex on Wednesday reported net profit of 2.4 billion euros ($2.7 billion) for the first nine months…
Small sellers on Amazon, Flipkart seek PMO intervention to safeguard interest
NEW DELHI: A group of small and medium online retailers selling on Amazon and Flipkart platforms has written to the Prime Minister’s Office, alleging…
Reliance Jio board approves plan to hive-off fibre, tower assets to separate entities
New Delhi: Telecom operator Reliance Jio Infocomm Tuesday said its board has approved schemes to spin off the company’s fibre…
Vistara offers flight tickets from Rs 999 in new sale
New Delhi: Vistara has announced a ‘24-hour only’ festive sale offer with ticket fares starting from Rs 999. The offer…