New Delhi: Starting from today, you have to shell out more to buy Maruti Suzuki cars. India’s largest carmaker has…
Retail
Ecommerce rule tweak will aid kiranas: Metro CEO
BENGALURU: Metro AG, the world’s fourth-largest retailer that operates wholesale stores in India, said the country’s updated policy on foreign…
Metro Cash & Carry profitable in India after 15 years of ops
NEW DELHI: German wholesaler Metro AG’s Indian arm Metro Cash & Carry has turned profitable 15 years after the company…
Snapdeal in the dock for selling Suhagra online
Bengaluru: In a first, the Karnataka drugs control department is prosecuting an e-commerce company for online sale of drugs falling…
No regulation can stop online retail growth: Kulin Lalbhai, Arvind Ltd
NEW DELHI: Kulin Lalbhai, executive director of Arvind Ltd, believes no regulatory hurdle can stop the growth of online retail…
Myntra’s revenue dives 80% in FY18
BENGALURU: Flipkart-owned Myntra’s revenue for the year ended March 2018 fell sharply by 80% to just Rs 427 crore, the…
Amazon starts closed user-group testing of UPI pay platform
BENGALURU: Amazon’s efforts to issue its own Unified Payments Interface (UPI) handles in India has entered the closed-user-group stage, where the company is…
Crude oil prices to direct sugar prices in 2019
Dry weather, deficient rain and pest infestation have come as a blessing in disguise for sugarcane millers. As yields dropped…
Ecommerce-fintech deals may attract scrutiny
Bengaluru: The newly revised ecommerce policy could have indirect effects on digital payments and the broader fintech industry, especially regarding…
Move may hit e-tailers’ pvt label biz
BENGALURU: The private label businesses of Amazon and Walmart-owned Flipkart may come under regulatory lens, following fresh guidelines issued to…