India's online retail market is a US$ 50 bn opportunity waiting to be realised

New Delhi: India's online retail market is a US$ 50 billion opportunity, according to a joint report by Bain and Company, Google and Omidyar Network.

Bata India plans to invest Rs 1 billion in expanding, upgrading stores

Kolkata: Bata India is planning to invest Rs 1 billion (US$ 14.53 million) for setting up new stores, refurbishing existing stores and upgrading facilities in 2018-19, according to...

As World Cup hits fever pitch in India, brands see merchandise sales spike

New Delhi: Puma India recorded sales growth of 37 per cent month-on-month in June 2018 and Shopclues witnessed sales of 4,000 footballs along with sales of 300-350 fan jerseys ever...

First-time entrepreneurs propel Indian franchise biz; industry pegged at US$ 150 bn in 5 yrs

New Delhi: India's franchise industry has witnessed a year-on-year growth of 30-35 per cent in 2018 and is forecasted to reach USD 150 billion in 2023, driven by first-time ent...

India to be among top 10 markets in coming yrs: Dr Oetker

New Delhi: Processed food producer Dr Oetker is considering making India as one of its top 10 markets and aiming to achieve Rs 1,000 crore (US$ 146.88 million) in sales by 2020.

PremjiInvest buys 6% stake in Future Retail for ₹1,700 crore

Mumbai: PremjiInvest has acquired a six per cent stake in Future Retail Ltd from Bharti Ventures Ltd at a value of Rs 1,700 crore (US$ 251.77 million).

Online retail sales in India seen growing to US$ 32.7 billion this year

Bengaluru: India's online retail sales is expected to grow by 31 per cent to reach US$ 32.70 billion in 2018, due to large number of investments in e-commerce players, demograp...

IBC: Govt tosses a new lifeline to homebuyers

New Delhi: The Cabinet Committee on Economic Affairs, Government of India, has approved an ordinance to amend the Insolvency and Bankruptcy Code (IBC) 2016, to consider homebuyers ...