August 24, 2017 09:06 AM IST
"GST could increase the overall cost benefit of retailers by up to 5 per cent over three years," Kumar Rajagopalan, chief executive officer of RAI, told PTI here.
February 22, 2017 06:18 PM IST
In a step to maintain secrecy of one's mobile phone number getting exposed to retailers for possible misuse, Vodafone today introduced its Private Recharge Mode for its subscribers in West Bengal.
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January 20, 2017 09:38 AM IST
Industry body Retailers Association of India has asked for early implementation of the GST, which will be a game changer for the Indian retail sector which is pegged to grow to USD 1.3 trillion by 2020, its CEO Kumar Rajagopalan said.
December 28, 2016 10:18 PM IST
CNBC-TV18's Priya Sheth visited many kirana stores in Mumbai and reports that most of them have lost around 20-30 percent of sales to super-markets and online players.
December 27, 2016 03:34 PM IST
A first-of-its kind application, Eazypay offers customers the improved convenience of paying by using their mobile phone through Unified Payment Interface (UPI), any credit or debit card or Internet banking, ICICI Bank said in a statement.
December 26, 2016 10:23 PM IST
Accounting for a whopping 23,000 crore per year in exports, Tirupur and Tamil Nadu is home to a vibrant textile industry. Since demonetisation, town's revenue from retail and wage payments have been hit.
December 14, 2016 10:27 PM IST
The cash crunch in Chennai has worsened due to the cyclone Vardah, which has caused a massive power and network outage in the city. This has thrown a lot of the progress made in the digital payments space for a loop.
November 26, 2016 08:35 AM IST
With US consumers bolstered by wage gains and higher employment, holiday sales will grow 3.6 percent, National Retail Federation predicts. Last year's growth was a modest 3.2 percent, short of the federation's 3.7-percent growth forecast.
November 24, 2016 10:22 PM IST
Mobile wallet firm MobiKwik today said its users will be able to use MobiKwik for payments across all online & offline retailers and shops, where credit and debit cards are accepted by January 2017 using a virtual card.
October 21, 2016 07:52 AM IST
Consumer goods companies have been grappling with slowing volume sales over the past year, hit by falling household spending across the world, fierce competition from retailers' own-brand products and economic weakness in emerging markets.
October 18, 2016 08:44 PM IST
Retailers at shopping malls are expecting about 45-50 per cent increase in sales this festive season as they are offering freebies and easy finance options to beat competition from e-commerce players, a study by industry body Assocham said.
October 17, 2016 07:44 AM IST
According to statement, the social media has once again prove its strength as the calls to boycott Chinese products this Diwali festive season circulating on social media since last fortnight have made inroads in the houses as well prompting even children and women not to use China-made products on ensuing festive season.
October 15, 2016 12:56 PM IST
The Indian IT industry is struggling. And proof is in the numbers Infosys put out yesterday. Now the second quarter performance themselves are above estimates.
September 06, 2016 05:52 PM IST
Ind-Ra believed that the higher number of wedding days coupled with reduced obstacles on the regulatory front will drive volumes.
April 28, 2016 08:46 AM IST
From April 1, the Health Ministry's notification came into force for implementation of the Cigarettes and other Tobacco Products (Packaging and Labeling) Amendment Rules, 2014. It prescribes larger pictorial warnings, covering 85 percent of packets on tobacco products.
April 15, 2016 12:05 PM IST
For traditional retailers, listing products, warehousing, payment reconciliation, all of which are integral to selling online are often a big challenge. Bluebox is a venture that helps offline retailers create their online shops on market places.
Ugam, a global leader in managed analytics, today announced its ...
January 29, 2016 05:17 PM IST
The Deloitte report titled 'Global Powers of Retailing 2016: Navigating the new digital divide' said it was a positive signal for the industry which had not so long ago witnessed revenue declines in 2011.
January 20, 2016 01:04 PM IST
According to the last population census, globally India has the largest illiterate population. Amidst this rural backdrop, we have start-up story that is predominantly technology driven and is attracting billions of dollars in funding.
January 19, 2016 04:37 PM IST
Harishankar Subramaniam, National Leader, Indirect Tax, EY says that retailers will benefit fundamentally from the GST as VAT, CST and excise duty on locally manufactured goods will be available as credits.
January 19, 2016 08:59 AM IST
According to the last population census, globally India has the largest illiterate population. Amidst this rural backdrop, we have start-up story that is predominantly technology driven and is attracting billions of dollars in funding.
January 01, 2016 03:07 PM IST
Traders said emergence of buying by jewellers and retailers mainly led to the recovery of gold prices.
December 28, 2015 04:21 PM IST
Prime Property travels to India's most expensive high street this Christmas to try and solve this puzzle, why are retailers willing to pay sky high rentals? Is your New Year resolution to buy a property? Prime Property gives you tips and also rewinds 2015 and reminds you of the biggest deals in India's property market.
December 23, 2015 03:16 PM IST
The company plans to use the funds to grow its team, expand into the top 10 cities in the country and to strengthen its core technology infrastructure over the next one year.
December 05, 2015 03:45 PM IST
Globally, gold climbed to USD 1,086.30 an ounce, after touching a low of 1,045.40 on December 3, the lowest since 2010 in New York.
