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Ajita Shashidhar
September 20, 2018
The irony is that the home-grown retailers are starved for cash and need capital and at the same time global giants are finding ways of investing in multi-brand physical retail companies.


BusinessToday.In
New Delhi, September 20, 2018
Income tax officials inspect books of Jet Airways in Mumbai, Delhi officesThe Income Tax Department on Wednesday swooped down on the premises of Jet Airways in Mumbai and Delhi to carry out an inspection of the books of the crisis-ridden airline for alleged falsification of accounts and siphoning of funds. As many as 50 tax officials are reported to have been pressed into action for the survey operation under Section 133A of the Income Tax Act at the Naresh Goyal-led airline's And...


BusinessToday.In
New Delhi, September 19, 2018
OYO is already India's largest hotel network with more than 100,000 rooms in 230 cities, as opposed to Marriott's 23,000 and Taj Hotel's 17,000.


BusinessToday.In
New Delhi, September 19, 2018
Once the process is complete Samara Capital and Amazon plan to rapidly expand the chain which was put on hold due to its burgeoning debt.


BusinessToday.In
New Delhi, September 19, 2018
This is the first capital infusion by the Walmart-backed e-commerce giant ever since the US-based retail behemoth acquired a majority stake in the company.


BusinessToday.In
New Delhi, September 13, 2018
A Walmart spokesperson said that there is always a scope to move talent across different entities or geographies based on expertise.


BusinessToday.In
New Delhi, September 13, 2018
RBI pulls back rupee from the brink by selling dollarsThe rupee slumped to a historic low of 72.91 in morning trade on Wednesday forcing the RBI to sell US dollars in the market through public sector banks to bring the Indian currency back from the brink. The government also issued a statement that the rupee would not be allowed to crash to an unreasonable level which further bolstered sentiments and enabled the rupee to climb back to 72.18 vis-a-vis the US dollar at the end of th...


BusinessToday.In
New Delhi, September 3, 2018
Payments banks can only accept deposits of up to Rs 1 lakh per customer in a savings/current account.


BusinessToday.In
August 31, 2018
Paytm Mall already has a revenue partnership with Future Retail, which operates hypermarket chain Big Bazaar and other fashion outlets.


BusinessToday.in
New Delhi, August 31, 2018
Rupee plunges to record low of 71 against US dollarThe Indian rupee collapsed to a fresh record low of 71 against the US dollar for the first time ever by falling 26 paise on persistent demand for the US currency amid rising crude prices, news agency PTI has reported.Rupee is worst performing currency in Asia on year-to-date basis. Rana Kapoor to remain Yes Bank CEO and MD till further notice from RBIPrivate sector lender Yes Bank today said it has received RBI's approval for the ...


BusinessToday.In
New Delhi, August 30, 2018
Last year, Amazon was granted permission by the Indian government to invest $500 million in a wholly-owned venture to sell local produces and packaged food items through online and offline mediums.


Ajita Shashidhar
New Delhi, August 29, 2018
In grocery, we have national as well as regional brands. We are bullish about staples and expect lot of online traction, so we have put our own brand, Natures, which has done very well, says Avani Davda, Managing Director, Godrej Nature's Basket.


BusinessToday.In
Mumbai, August 28, 2018
A team of three IIM-C students, Alan Shaji Idicula, Urjaswit Lal and Tushar Kumar, came up with the unique idea of installing wall-length billboards on the walls of the metro stations designed to look like a series of supermarket shelves and tying up with e-commerce majors like Flipkart or Amazon to start the virtual store.


BusinessToday.In
August 27, 2018
Google is reportedly looking to team up with Alibaba-backed Paytm Mall to pick up a 7-10 per cent stake in Future Retail for Rs 3,500-4,000 crore.


BusinessToday.In
August 20, 2018
The world's largest online retailer is reportedly interested in Kumar Mangalam Birla's food and grocery supermarket chain More.


Aarti Dua
New Delhi, August 20, 2018
Agritech companies are revamping the farm-to-fork supply chain. The big gainers are farmers.


BusinessToday.In
New Delhi, August 9, 2018
Flipkart Pvt Ltd, which has made its second entry in the segment after a failed attempt with Nearby, aims to make a difference by launching an extensive supply chain, bringing in its own label, giving every day discounts, etc.


BusinessToday.In
New Delhi, August 3, 2018
This will be Swiggy's third round of funding this year. People in the know said that some of the company's early investors may sell their shares this round.


BusinessToday.In
New Delhi, August 2, 2018
In a statement Swiggy said that Scootsy will continue to operate as an independent app post acquisition.


Ajita Shashidhar
New Delhi, July 30, 2018
The big shift we have done in the last couple of years is not just add stores but also see that they are sustainable over the next 10-12 months and eventually over the next 2-3 years, says Srinandan Sundaram, Executive Director, Sales and Customer Development, HUL.


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