Retail
CCI probes alleged anti-trust practices by Amazon, Flipkart
14 Jan 2020
The anti-trust regulator has ordered a probe into allegations of exclusive sales, deep discounts and preferential treatment to certain sellers by the two e-commerce firms
Amazon India, Future Retail sign long-term business deal
06 Jan 2020
Under the agreement, Amazon India will become the authorised online sales channel for FRL stores, and FRL will ensure participation of its relevant stores and programmes on the Amazon India marketplace
Retail, telecom push RIL's Q2 net to record Rs11,262 crore
21 Oct 2019
The results reflect the shifting focus of RIL to direct-to-consumer businesses, which helped offset energy weakness in September quarter
Japanese fashion retailer Uniqlo enters India
04 Oct 2019
Govt eases FDI norms to propel growth
29 Aug 2019
The government has relaxed norms for FDI in several sectors including the manufacturing sector, single brand retail and digital media
Amazon to acquire 10% stake in Future Retail
13 Aug 2019
Under the agreement, Amazon will have the option to buy more shares from Kishore Biyani, Future Retail’s founder and chairman, giving the US e-commerce firm an edge over rival Flipkart and the planned e-commerce venture of Reliance Retail
Binny Bansal sells 0.33% in Flipkart to Walmart for $76.4 million
24 Jun 2019
Binny Bansal, who had earlier also sold a small portion of his residual stake in Flipkart, owned 3.52 per cent stake in Flipkart before the latest sale of 5,39,912 shares to Walmart
Foreign fund flows to Indian retail real estate market doubled to $1.2 bn in 2017-18: report
24 May 2019
Flipkart launches online grocery store ‘Supermart’ In Mumbai
09 May 2019
Flipkart Supermart promises free delivery on orders above Rs600, the best prices on top brands, and an easy returns policy on delivery itself
Walmart looks to acquire grocery chain Namdhari through Flipkart
02 May 2019
This is part of Walmart’s strategy against Reliance Retail’s planned nation-wide rollout of its “new-commerce” multi-channel retail play by bringing millions of kiranas or small neighbourhood stores on board
Reliance Industries reports record Q4 net profit of Rs10,362 cr
19 Apr 2019
Reliance Jio ended FY19 with a 309 per cent increase in net profit to Rs2,964 crore and a subscriber base of over 300 million, while RIL’s retail segment revenue crossed Rs100,000 crore
Reliance buys ITC's menswear brand John Players
26 Mar 2019
Amazon appoints ex-PepsiCo CEO Indra Nooyi on its board
26 Feb 2019
Nooyi’s appointment as a member of the audit committee on Amazon’s board comes at a time when the online retail giant’s business plans are going awry under India’s new e-commerce policy
India to insist on local presence for foreign online retailers
25 Feb 2019
Policy loopholes have helped e-com entities from China to grab a major share of the smartphone and fashion businesses in India, with Tier-II and Tier-III cities accounting for 30 per cent of their fashion sales
US may end GST preferences for India: report
08 Feb 2019
While the immediate cause for the US move could be India’s new rules on e-commerce that restrict the way Amazon.com Inc and Walmart-backed Flipkart do business in India, Modi has also annoyed global card payment companies such as Mastercard and Visa by forcing them to move their data to India
New FDI rules could force Walmart to exit Flipkart: Morgan Stanley
05 Feb 2019
Effective 1 February, e-commerce platforms cannot sell their own products or brands that are directly or indirectly owned by them or make more than 25 per cent of their sales from private labels
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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