Havells India Net Profit Rises In Q3
Consumer electrical goods maker Havells India today reported a standalone net profit at Rs 194.36 crore for the quarter end in December 2017. The…
Flipkart And Amazon Promises 70-80% Discount On Upcoming Sale
Days after Amazon India announced its Great Indian Sale from January 21-24, Flipkart also announced its sale around the same time. Flipkart's…
Truefitt and Hill to hit Metros and Tier-II cities with 100 outlets
Truefitt and Hill, world’s oldest luxury salon and barber brand have been planning to open more than 100 outlets in the country. The brand operates…
India home to 100 billionaires; 6th largest population globally
India has retained its sixth position, in terms of number of billionaires with 100 such people collectively having $175 billion in net worth. While…
Explore Upcoming Events And New Age Agendas
  • IReC 2024
    29-30 Apr, Hotel Sheraton Grand, Bengaluru

    Launched in 2014, the Industry of Retail & eCommerce Summit has seen many years of growth, evolution and transition.

  • D2C INDIA 2024
    29-30 Apr, Hotel Sheraton Grand, Bengaluru

    Setting in Motion the New Commerce Revolution as the biggest and widest D2C community will gather in 2024.

  • Franchise India 2024 Delhi
    18-19 May, (IICC) India International Convention and Expo Centre, Delhi, India

    Meet 500+ franchisors across diverse industries, network with 40,000+ verified buyers, and gain insights from the startup community.

  • India EV Show
    29-30 June, Hall No. 3, Chennai Trade Centre, Chennai

    The INDIA EV SHOW's 4th edition is a Premier Show & Exhibition, sparking innovation and forging connections between emerging Startups and established heavyweights in the electric mobility arena.

  • FROEXPO Chennai
    29-30 June, Hall No. 2, Chennai Trade Centre, Chennai

    India’s premier and most trusted Business & Tradeshow is back in Chennai to provide a platform for highly evolved prospects, qualified investors, entrepreneurs from across India, neighbouring countries and delegations from other parts of the world.

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Spice Retail has unveiled its first \'Smartphone Spa\'
Spice Retail has unveiled its first 'Smartphone Spa', a concept where users can buy skins and other accessories as well as get repairs done for any…
Dubai, favourite tourist destination for Indians: Survey
MUMBAI: UAE's populous city Dubai has topped the list of most preferred overseas destination for Indian travellers in first half of 2014 in Hotels.…
Inflation at 5 month low of 5.19 per cent in July
New Delhi: Inflation dipped to a five month low of 5.19 per cent in July mainly on account of decline in prices of some food articles, vegetables…
Supertech raises Rs 400 cr from Xander
New Delhi: Realty firm Supertech said on Tuesday it has raised R400 crore from the private equity firm Xander to finance its upcoming township and…
ITC Q1 profit up 15.6% to Rs 2,186.39 crore
New Delhi: Diversified conglomerate ITC Ltd today posted a 15.6 per cent rise in its net profit to Rs 2,186.39 crore for the first quarter ended…
Govt planning media blitz to hard sell India for FDI
The Commerce and Industry Ministry is planning a media blitz- print, electronic and social - to hard sell India as an attractive investment…
Hidesign Appoints Narresh Mehtta as Chief Operations Officer
Hidesign,leading luxury brand has appointed Narresh Mehtta as the Chief Operating Officer. He has joined Hidesign with a 25 years of experience…
Reserve Bank of India relaxes norms for loans against gold ornaments
NEW DELHI: The Reserve Bank today relaxed the limit of loan that banks can sanction against the pledging of gold ornaments and jewellery.On …
Government, bank managements not making serious efforts to recover NPAs: Bank employees association
The Bank Employees Federation of India (BEFI) today came down heavily on the central government and the bank managements over accumulation of Non-…
India Has Higher Smartphone Usage Than the US: Study
New Delhi: Smartphone users in the country have among the highest rates of smartphone usage daily globally, spending over  three hours on an…
Mercedes Benz launches CLA 45 AMG at Rs 68.5 lakh
Greater Noida: German luxury car maker Mercedes Benz today launched its compact performance sedan CLA 45 AMG priced at Rs 68.5 lakh (ex-showroom…
Myntra.com inks deal with global fashion brand MANGO
New Delhi: Myntra.com partners with global fashion brand MANGO to offer international fashion to shoppers in India. The renowned fashion brand will…
Funskool opens its second store in India
Indore,  2014: Funskool (India) Ltd, India’s leading Toy Company has opened its first store in Madhya Pradesh at the C-21 Mall in Indore.  The…
115th Canton Fair: Enhanced innovation and service highlights future of trade
GUANGZHOU/China: Though the Chinese national team did not make it to the FIFA World Cup in Brazil, Chinese merchandise certainly did. One flag…
Higher weight of food items causing high retail inflation: GovtHigher weight of food items causing high retail inflation: Govt
NEW DELHI: A higher weight of food items in the consumer price index has kept retail inflation at elevated levels in the country, according to…
Ultratech Cement Q1 Net dips 6 per cent to Rs 628 crore
NEW DELHI: Ultartech Cement today reported a little over six per cent dip in its consolidated net profit for the first quarter of the current fiscal…
PayPal India Wins Top Industry Awards for Technology Leadership
PayPal India, an eBay Inc. company was honoured with awards at the 2014 Zinnov Awards in Bangalore on Thrusday. Zinnov, an advisory firm,…
GDP growth to improve this fiscal: Arun Jaitley
NEW DELHI: India's economic growth is expected to improve during the current fiscal from 4.7 per cent in 2013-14, helped by a revival in industrial…
Capillary Technologies raises $14 Million Series B Funding
Leading cloud based retail customer engagement management company, Capillary Technologies has recently raised $14 million Series B round of…
Rajkot to host international trade show in November
Rajkot: A Gujarat-based organisation will organise an international trade show here in a bid to attract investors to the Saurashtra-Kutch region. "…
Luxury industry optimism slides 14% in July-Sept qtr
The luxury industry appears to be less optimistic for the July-September quarter this year than it had been for the previous three months amid…
India's Exports Up 10.22% to USD 26.4 Billion in June
 India's exports grew by 10.22 per cent to USD 26.4 billion in June this year while imports stood at USD 38.24 billion, up by 8.33 per cent,…
India\'s services exports in May rose by 8.8 per cent to USD 13.9 billion
India's services exports in May rose by 8.8 per cent to USD 13.9 billion, according to the Reserve Bank data.    Import of services during the month…
Govt to offer wheat from FCI stock for open market sale
Government will sell wheat in open market from Food Corporation of India’s (FCI’s) stock as part of its measures to keep prices under control…
RBI tightens exit rules for foreign investors from pvt firms
RBI tightens exit rules for foreign investors from pvt firms     The Reserve Bank of India today modified norms governing issuance and transfer of…
Maruti Suzuki Unveils Limited Edition of Ertiga
NEW DELHI: The country's largest carmaker, Maruti Suzuki IndiaBSE 0.40 %, has launched limited edition variants of the multi-purpose van Ertiga,…
Government may look at amending Companies Act if needed: Nirmala Sitharaman
NEW DELHI: Amendments to the Companies Act would be considered only if statutory orders and changes to rules do not address the practical…
BIBA inaugurates its 150th Store in India
BIBA has recently launched its premium retail outlet in Bangalore. Spread over 2200 sq ft, the brand achieved a milestone of 150 retail outlets in…
Tihar Sets Up Restaurant, Trained Inmates to Cook and Serve
New Delhi: Tihar Jail is working to keep its inmates happy -- the jail authorities have set up a restaurant on Jail Road near Janakpuri where…
Apparel Exporters ask govt to expedite India-EU FTA
By PTI New Delhi: Exporters today sought expeditious finalisation of the India-EU Free Trade Agreement to enable better market access for Indian…
Adlabs Imagica to open water park, hotel this year
By PTI New Delhi: Adlabs Imagica, the flagship venture of Adlabs Entertainment (AEL), which has filed for IPO, is planning to open water park and…
Monte Carlo files for initial public offe
The company plans to sell 25% stake that would comprise of sale of over 54 lakh shares by promoters and other shareholders. New Delhi: In signs of…
Flyers duty free allowance of cigarettes, cigars halved
BY PTI  In another step against smoking, the government has reduced by 50 per cent the duty free allowance of cigarettes to 100 sticks and 25 cigars…
Curbs on gold import can go after situation improves: Arun Jaitley
The government will consider relaxing curbs on gold import once the fiscal situation becomes more comfortable, Finance Minister Arun Jaitley said."…
Amazon launches document collaboration service
By PTI Amazon has launched an online service for collaborating on work projects in a challenge to tech titan Google. Zocalo is being billed as…
India Inc's thumbs up for Narendra Modi's maiden Budget
India Inc on Wednesday welcomed the new government's maiden Budget-exercise as practical and positve. This budget will induce growth and overall…
Ex Microsoft Exec to Lead Polycom's Sales Strategy
Ex Microsoft executive, Geoff Thomas joins Polycom Inc as President. He would  be leading the regional sales strategy and execution to drive…
TastyKhana.in Expands its Footprints
Leading food portal TastyKhana.in, has revealed plans of expanding its base to ten more cities in India. At present, the portal is operating in…
Survey outlines 3 pronged strategy to push GDP to 7-8%
By PTI New Delhi: The government today suggested a three-pronged strategy of containing inflation, pushing tax and expenditure reforms and legal and…
Budget 2014: American corporate houses ready to pump money into India
By PTI Anticipating major economic reforms in the maiden budget to be presented by the new Indian government, Corporate America has said it is ready…
Multiple controls hindering trade growth in India
By PTI Multiple controls and plethora of orders are hindering the growth of wholesale and retail trade in India, which has slipped to 14th position…
Government begins anti-dumping investigation on Chinese auto parts
By PTI NEW DELHI: The government has started an investigation on whether to extend anti-dumping duties imposed on front axle beam and steering…
Rajiv Bhatia joins Growel Group
Veteran Rajiv Bhatia has recently joined Grauer & Weil Limited, as the COO of retail and real estate. He would be spearheading the group’s…
Railway Budget 2014: Government plans support for e-commerce companies
While presenting the Railway Budget for 2014-15, Railways Minister Sadananda Gowda announced that the government will plan logistical support to…
Rail Budget 2014: Ready-to-eat meals of reputed brands in trains
By PTI New Delhi: The Railway Budget today proposed to introduce ready-to-eat meals of reputed brands on-board trains to improve food quality and…
Carnival Group buys HDIL\'s multiplex business for Rs 110 cr
By PTI New Delhi: Media and entertainment firm Carnival Group today said it has bought Housing Development and Infrastructure's multiplex business…
Tata Motors to launch models regularly till 2020
By PTI Tata Motors   is looking at launching a couple of models each year till 2020 as the company looks to ramp up its portfolio in the competitive…
No need to panic on price rise; states should take action: Arun Jailey, FM
By PTI New Delhi: Blaming hoarders for the rise in food inflation, Finance Minister Arun Jaitley on Friday said there is “no panic situation” and…
Hike in LPG rates to affect only 1 pc of consumers: Govt
By PTINew Delhi: Days after the price of non-subsidised cooking gas (LPG) was hiked by Rs 16.50 per cylinder, the government today said the increase…
Rajnath Singh orders action against hoarders in Delhi
By PTI New Delhi: Home Minister Rajnath Singh today directed massive crackdown against hoarding of essential commodities including onion and…
Govt hikes onion MEP to USD 500 per tonne
By PTI New Delhi: The government today hiked the minimum export price of onion to USD 500 per tonne to improve the domestic supply and curb prices.…
LG to launch India specific products in home appliances
By PTI Seoul: Korean consumer electronics major LG plans to launch India specific products in the home appliances…
Mahindra & Mahindra sales rise marginally in June
By PTI New Delhi: Automaker major Mahindra & Mahindra today reported a marginal increase in total sales at 38,471 units in June.Mahindra &…
LPG price hiked by Rs 16.50 per cylinder; ATF by 0.6%
By PTI Price of non-subsidised cooking gas (LPG) was today hiked by Rs 16.50 per cylinder and that of jet fuel by over half-a-per cent after…
India Seeks Japanese Investment in Smart Cities, Bullet Trains
BY PTI New Delhi: India today sought Japanese investment to develop 100 smart cities and high-speed bullet trains to improve infrastructure and…
Weak monsoon: Punjab for short duration crop varieties
By PTI Chandigarh: Amid fear of weak monsoon, Punjab agriculture department has suggested sowing of short duration varieties of paddy, maize and…
2 IITians open tea cafe chain in NCR, look to VC funding
NEW DELHI: Quitting high flying jobs in the US, two IITians have joined hands to start a tea cafe chain 'Chaayos' in the NCR region and are looking…
Japan E-commerce giant Rakuten to tie-up with AirAsia
Japan's top E-commerce site operator Rakuten is all set to venture into the air travel business by allying with Asia's biggest budget carrier,…
New Bill on Delhi apartment ownership in the offing
By PTI NEW DELHI: To address the problems of owners of apartments in the national capital, the Government is mulling introduction of a fresh Bill to…
OnMobile appoints CEO Rajiv Pancholy as Managing Director
By PTI   NEW DELHI: Mobile value added services firm OnMobileBSE 9.01 % Global has appointed Chief Executive Officer Rajiv Pancholy as Managing…
BMW rolls out diesel variant of X5 at Rs 70.9 lakh
By PTI New Delhi: German luxury carmaker BMW on Thursday rolled out a diesel variant of its locally manufactured Sports Utility Vehicle, X5, from…
RetailMeNot launches new, free tablet app for iPad
By Indian Retailer Bureau    AUSTIN, Texas, RetailMeNot, the largest digital offers destination in the United States, has announced the launch…
How US Postal Service helps restaurants reach new patrons
By Indian Retailer Bureau   HOUSTON, For any restaurant or small business to succeed, they must identify, grow and retain a customer base. To…
Domino\'s partners with Detroit Startup, Quikly to offer free pizza in US
By Indian Retailer Bureau ANN ARBOR, Mich: Domino's Pizza has partnered with Quikly to give one lucky recipient free pizza for a year. The recognized…
Narendra Modi\'s favourite Jade Blue expects Rs 230 crore revenue in FY2014-15
Jade Blue, a clothing retailer based in Ahmedabad, is favorite shop of prime minister Narendra Modi. It is the store from Modi buys his trademark…
Overcart closes series A investment
Online marketplace Overcart has closed Series A investment led by K Ganesh's entrepreneurship platform GrowthStory.in with follow-on investment from…
UP govt says no reduction in VAT to check inflation
By PTI Lucknow: The Uttar Pradesh government today said that it will not reduce VAT rates to check price rise, saying there are other factors as…
Godrej Appliances to focus on premium products
By PTI New Delhi: Godrej Appliances plans to focus on premium products to achieve 30 per cent growth in turnover for the current fiscal to Rs 2,700…
TTK Prestige to grow up to 15% this fiscal
By PTI Bangalore-based TTK Prestige is betting big on its newly launched low cost water purifier range as it eyes an overall revenue growth of…
India - Bangladesh Trade Can Double to $10 billion by 2018: CII
Industry body Confederation of Indian Industry said that India-Bangladesh trade could double to $10 billion by 2018, provided trading irritants like…
RetailLending.com Unveils the First of its Kind Refer-A-Friend Online Loan App
RetailLending.com, a leading loan advisory service in India, has launched their unique Refer-A-Friend online loan app. This unique program allows…
Airtel likely to be world\'s third largest telco soon: Kohli
New Delhi: Bharti Airtel today said it is likely to become the world's third largest telecom operator soon, after China Mobile and UK-based Vodafone…
Latin Quarters plans expansion to Middle East countries
Indian Retailer Bureau New Delhi: Fashion brand Latin Quarters plans to expand its footprint to to East Asian and Middle East countries.  'We …
ePrime Global partners with Idram to expand Middle East online ops
Armenia based Internet payment system ‘Idram’ has partnered with ePrime Global to help US merchants reach online shoppers in Armenia, which is a…
Government hikes sugar import duty from 15% to 40%
BY PTI NEW DELHI: The Centre today decided to provide additional interest-free loan of up to Rs 4,400 crore to cash-starved sugar industry for…
Whirlpool eyes Rs 200-cr revenue from kitchen appliances biz
  By PTI New Delhi: Consumer durables major Whirlpool of India is targeting over six-fold jump in revenue from its kitchen appliances in three to…
Car makers want excise duty cut to continue even after June 30
By PTI New Delhi: With the June 30-deadline fast approaching for expiry of reduced excise rate, car makers want the government to extend it…
C K Birla group up Rs 270 cr investment in healthcare
The C K Birla Group has firmed Rs 270 crore in investments for modernising and setting up new hospitals in the country. "We are opening a new 250-bed…
TGS Ecom forays into e-retail grocery market
TGS Ecom forays into e-retail grocery market E- commerce company TGS ventures into the e-retail grocery market with its new website TGS bazaar.…
Not sure about young consumers? Check out their online habits
By Indian Retailer Bureau New Delhi: With the increasing popularity of social networking sites websites, there has been a change in the urban…
Cement demand may increase up to 7% in southern region
Mumbai: The demand for cement in the southern region is expected to rise by 5-7 per cent in FY'15 as compared to 1 per cent Y-o-Y growth in FY'14, a…
Decision on fare hike, FDI in rail sector soon, says railway minister
By PTI A decision on hiking passenger fares and on allowing foreign direct investment in railways is likely to be taken before the Rail Budget, the…
Ford launches Fiesta priced up to Rs 9.29 lakh
New DElhiKicking off a price war in the mid-sized sedan segment Ford India today launched the new version of its Fiesta model, priced up to Rs 9.29…
Transparency, timely approvals can reduce home prices by 20%: Deepak Parekh
By PTI synopsis: He laid emphasis on the need to increase the threshold limit for priority sector housing loans to at least Rs 40 lakh per unit…
Online food ordering startup foodpanda.in aims 10-15% market share by 2017
By PTI KOLKATA: Online food ordering startup foodpanda.in is aiming for a market share of 10-15 per cent of the food delivery market in India."Our…
Mahindra First Choice Wheels bags award in retail excellence
Mahindra First Choice Wheels, a leading player in the ‘used’ car segment, conferred with ‘Best in Retail – Automotive’ award at Indian Retail &…
Consumer products and retail companies struggling to innovate
As per the survey of 267 consumer products and 66% retail senior executives globally, it was noted that only one in 10 deem their companies to be…
Samsung unveils high-end Galaxy Tab S in US
South Korean electronics giant Samsung has unveiled its new range of high-end, Android-based tablet, 'Galaxy Tab S, with an emphasis on…
IndiGo to launch four new flights on domestic routes
By PTI Gurgaon-based budget carrier IndiGo, which is expected to face tough competition from the local subsidiary of the Malaysian airline AirAsia,…
AirAsia India launches ops, fare war to intensify
By PTI Breaking into Indian domestic aviation space, AirAsia India Thursday launched its operation with a flight from here to Goa in a foray that is…
Homestead launches organic products in Kerala
By PTI  Elements Homestead Products today launched organic commodities, sourced from Fair Trade Alliance Kerala (FTAK), in the state. FTAK is a…
Kolkata records highest cigarette consumption in India: Survey
By PTI Kolkata, June 12 (PTI) With a person in Kolkata on an average smoking 9-10 cigarettes per day, the city has recorded the highest cigarette…
Gold prices surge on sustained demand
By PTI Gold prices rose further in the domestic bullion market today due to continued buying from jewellery stockists and retail consumers, driven…
Prime Minister Narendra Modi promises to rein in prices
By  PTI  Vowing to control inflation, Prime Minister Narendra Modi today said improving agriculture productivity through modern farm techniques and…
Jaguar Land Rover sales rise 20 pc in May to 38,831 units
By PTI   Tata Motors-owned Jaguar Land Rover today reported a 20 per cent increase in global sales to 38,831 units in May. The Jaguar brand sold 6,…
PriceSpider offers dynamic re-pricing engine for marketplace sellers
By Indian Retailer Bureau PriceSpider, a leading online retail marketing service provider, has launched its re-pricing engine that enables…
Loyalty Builders launches customer analytics for catalogue marketing
By Indian Retailer Bureau US based Loyalty Builders, a leader in SaaS software that delivers affordable customer analytics, has launched a new,…
Jennifer Adams launches new Collection
By Indian Retailer Bureau Leading interior designer Jennifer Adams has launched its new collection comprising rugs, pillows, and poufs to…
Patni brothers buy stake in BSC
Amit Patni and Arihant Patni have purchased a significant stake in Mumbai-based Bombay Shirt Co (BSC), for an undisclosed amount. BSC sells…
FashionAndYou raises funding of $ 10 mn
FashionAndYou, an e-commerce company incubated by Smile Group, has raised $10 million in a fresh round of funding from new and existing investors…
Wagh Bakri to open tea lounges in tier-II cities
The Gujarat-based Wagh Bakri Group has decided to scale up its retail operations. The company is all set to enter tier-II cities with its six-year-…
Bombay Dyeing to expand
Bombay Dyeing, the flagship company of the Wadia Group, has plans to open 50 new age stores with contemporary design and product specific displays…
V-Mart expands in Bihar
The value retailer V-Mart Retail opened its 17th store in Bihar, and second in Patna. This store offers apparels, footwear, accessories and luggage…
Gap set to enter India
American garment retailer Gap is all set to launch its exclusive stores in India by next year. Media reports highlight that this US-based retailer…
Indian Government may announce FDI in e-retail
India could allow much awaited FDI approval in e-commerce by next month. Speaking to media a senior government official, said, “Most stakeholders…
Bijou Kurien joins L Capital
Bijou Kurien former chief executive (lifestyle) at Reliance Retail, has joined L Capital Asia, the private equity arm of French luxury giant LVMH,…
Amazon forays into men\'s apparel
Amazon.in has forayed into men's apparel and related accessories segment with the launch of 'Denim Hangout' on its online marketplace. 
Designer Rajesh Pratap Singh ties up with Myntra
Designer Rajesh Pratap Singh has collaborated with the e-retailer Myntra for his Mario de Miranda and Music T-shirts range. This collection is…
Nykaa raises funds
Beauty e-commerce portal Nykaa has raised funds from investors including from a leading business family, but this company declined to provide the…