The e-commerce platform is likely to tap the group's strong physical store network for its Amazon Now project
Apple Inc officials today met Commerce Ministry top brass amid its plans to open stores in India without initially having to source components locally.
In 2015, IKEA had signed MoUs with Karnataka, Telengana, Uttar Pradesh and Maharashtra to set up stores.
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.
Allen Solly, the premium readymade brand from Madura Garments owned by Aditya Birla Group, is eyeing a turnover of Rs 1,000 crore in FY16.
Net sales in the quarter under review stood at Rs 143.8 crore, up 31.89 percent as against Rs 109.03 crore in the corresponding quarter last year, the company said in a filing to the BSE.
Juvencio Maeztu, head of IKEA's operations in India, says that no shortcuts will be taken in the process of launching its stores in India. With access to the largest number of people being the retail giant's credo, Maeztu adds that the company‘s focus is on the cities with the largest populations.
Swedish major IKEA on Thursday welcomed the government's decision to open its stores in India saying the company will offer home furnishing solutions at an affordable price, besides ramping up sourcing from the country.
Rajeev Sheth, CMD, Tara Jewels explains to CNBC-TV18 that funds from the IPO will be used to set up an additional 20 stores and repay debt borrowed from the banks.
The scope of the Internet is expansive. Most tasks like paying bills, booking tickets, online shopping, etc. can be done in a few clicks. Now, a study by Capgemini has found that...
Samsung Electronics launched its flagship Galaxy S3 smartphone in India on Thursday, making an aggressive push to counter Apple's popular iPhones in a competitive market.
The Adidas group is suffering from a Rs 1,350 crore rupee shoe-bite from Reebok India. CNBC-TV18's Sajeet Manghat and Animesh Das report that the sporting goods giant will shut down 33% of its Reebok stores in India.
Jewellery exporter and retailer Rajesh Exports [REL] plans to scale up its retail chain 'Shubh Jewellers' to 550 outlets in south India by 2014, and sees revenue of over Rs 20,000 crore from retail alone by 2014-15.
Kewal Kiran Clothing hopes to maintain a revenue growth of 25-30% in the current fiscal, boosted by strong apparel sales and expansion of its retail operations.
Retail chain Shoppers Stop Ltd today said it will invest up to Rs 400 crore to expand presence in India by opening new stores across formats in the next four years.
Titan Industries expects its revenue in the current fiscal (2011-12) will be over Rs 8,200 crore, compared with net sales of Rs 6,352.97 crore in 2010-11, as jewellery demand is expected to continue unabated, while watches and accessories sales too remain strong.