New Delhi: India’s venture capital market saw large sequential growth during the third quarter of 2018 with over USD 2…
wise retail
Xiaomi Financial Services soon to float a NBFC in India
Xiaomi plans to foray into consumer finance and business-to-business lending by floating a non-banking financial company (NBFC), the Chinese smartphone…
Flipkart, Amazon claim record sales in festive season face-off
Bengaluru: After less than two days into the festive season sale, India’s top online retailers Flipkart and Amazon have claimed…
Food outlet loses licence for violating MRP rules
PUNE: The Pune airport officials have shut down a food outlet and terminated its agreement. The action followed a passenger’s…
Future Group partners with Vardhman to for apparel biz
New Delhi: Future Group has partnered with fabric brand Vardhman to co-develop products for its apparel business and plans to…
IKEA India breaks ground for its 500,000 sq.ft. store in Bengaluru
New Delhi: IKEA India, the Swedish home furnishings retailer, today celebrated the ground-breaking ceremony of its third India store in…
Flipkart CEO claims victory, says there is no clear No.2
Flipkart CEO Kalyan Krishnamurthy claimed victory just a day after the e-commerce giant kicked off its annual festive season sales,…
Panasonic India mulls hiking prices of mobiles, consumer appliances on rupee woes
NEW DELHI: Following a continuous fall in the rupee’s value against the US dollar, Panasonic India Thursday said it is…
New threat: Future Consumer brands top FMCG sales in Big Bazaar
MUMBAI: One in every five products sold at the country’s biggest hypermarket chain Big Bazaar is owned by Future Consumer,…
Most payment cos fall in line with RBI’s data storage diktat
Mumbai: As many as 62 of the 78 payments service companies affected by the Reserve Bank of India’s (the RBI’s)…