Cash And Carry

The traders' body has claimed that cash and carry brand Lots Wholesale Solutions, a subsidiary of Siam, has violated the FDI norms by selling goods to retail or end consumers without the applicable tax registration.

Walmart 2.0 wants to create a fresh innings in India

CNBC-TV18 travelled to Agra and caught up with Krish Iyer, CEO Walmart India, who was appointed by the Asia Pacific head of the retail giant Scott Price to set the house in order in the worlds second most promising market after China.

'SpiceJet asked to pay $31.5 mn to state airport operator'

A senior government official said the aviation ministry would decide the next course of action in case the airline didn't pay by the deadline.

SpiceJet may soon get investor on board

Sources say that the airline has informed the government that an investor will be coming on board soon. The low-cost airline‘s former promoter Ajay Singh has expressed an interest in buying back into the airline, and is even learnt to be helping it draw up a revival plan.

Fuel supply only on immediate payment:Oilcos to SpiceJet

SpiceJet had been put on cash-and-carry about six months back, which meant fuel will be supplied to the aircraft only if they pay for it, industry sources said.

Need 25-30% fare hike, falling demand a worry: SpiceJet

Airlines need to hike fares by 25-30 percent to combat high Aviation Turbine Fuel (ATF) or jet fuel prices but are unable to do so due to low demand, says SL Narayanan, group chief financial officer of Sun Group.

Reliance to open five cash & carry stores next quarter

Reliance Retail plans to launch five Cash & Carry stores in the country in the next quarter, a key company official said here today.

Walmart ready to jump over the wall to invest in India

The proposal on FDI multi-brand retail may have been put on hold, but it seems global retail giant Walmart remains optimistic.

Will take Bharti Walmart partnership to next level: Mittal

Welcoming this landmark economic reform Mittal told CNBC-TV18 that, "We have seen the conditions and this is a good balanced view to start this industry in the country."

Reliance Retail to enter wholesale business soon: Ambani

Reliance Retail will soon launch cash-and-carry format stores for wholesale business, while its consumer-focused business will become market leader across all formats in the next two years, Mukesh Ambani said today.