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Alibaba and Tencent among new investors pouring $10 billion into China Unicom: Sources

About 50 billion yuan would be raised through new share issues, while China's second-largest telecom carrier would also sell part of its stake in the Shanghai-listed unit

June 23, 2017  |  comments ( 0 )  | 

Hike becomes India's first messenger to launch digital wallet

Hike said its wallet will allow instant money transfer among its clients and enable fund transfer to banks using the government-backed United Payments Interface (UPI)

June 21, 2017  |  comments ( 0 )  | 

Raymond sets up garment manufacturing plant in Ethiopia for export to US, Europe

The company has set a target of annual revenue of about Rs 250 crore within a year from the plant by exporting mainly to the two developed markets

June 21, 2017  |  comments ( 0 )  | 

Snapdeal fashion end of the season sale: Flat 40-70% off with an additional 10% off over the weekends

The sale will offer its customers over 20000 styles and options offered by top 50 plus brands across Indian and ethnic wear

June 16, 2017  |  comments ( 0 )  | 

Alibaba Group to open cloud data centre in Mumbai by March 2018

Establishing data centres in India and Indonesia will further strengthen the company's position in the region and across the globe.

June 12, 2017  |  comments ( 0 )  | 

Amazon plans to open 13 more bookstores in US by year end

The store carries 3,000 titles, none of which have received fewer than four out of five stars by Amazon's online customers, who are invited to post their own reviews on

May 26, 2017  |  comments ( 0 )  | 

Zivame, Benneton apply single-brand retail licence

Actoserba Active Wholesale, which owns Zivame, has applied to DIPP for expansion of its existing facilities and conversion of wholesale to retail operations

May 26, 2017  |  comments ( 0 )  | 

Amazon to host sneaker fest from 25th to 28th May

Amazon said the festival will offer Deals of the Day on all the four days of the festival

May 25, 2017  |  comments ( 0 )  | 

Crocs launches new store in Bengaluru

The store’s business is set to commence from May 25, 2017 and has a wide collection of flats, loafers, sneakers, flip flops, and Crocs’ signature trademark clogs in a

May 24, 2017  |  comments ( 0 )  | 

Bebe expects to close all its stores by the end of May

Bebe had recently said it had more than 130 retail stores and more than 30 outlet stores in the United States, Canada and Puerto Rico. It also offers branded products

April 24, 2017  |  comments ( 0 )  | 

Benetton hires Tommaso Bruso as its new COO

The Benetton has announced Tommaso Bruso as its new chief operating officer, who is currently CEO in North America for the Fedon, Furla and Diesel fashion brands.

April 06, 2017  |  comments ( 0 )  | to buy Dubai-based internet retailer, which sells consumer electronics, fashion, household items and other goods, lays claim on its website to being the largest e-commerce site in the Arab world.

March 23, 2017  |  comments ( 0 )  | 

Future Group aims to grow to $15 billion from $3.5 billion in next 5 years

Biyani further said, the amount of value-added products the company will import in the next five years will rise by nearly 200 percent without disclosing the current

March 21, 2017  |  comments ( 0 )  | 

Canaccord Genuity expects to rise its global business around 10-15% within the next five years

Canaccord Genuity is also in discussions with large European and North American private equity funds, pension funds and hedge funds about potential investments in Saudi,

March 09, 2017  |  comments ( 0 )  | 

After Tommy Hilfiger, Calvin Klein, BMI to sell FCUK

Murjani Group is the owner of Brand Marketing India (BMI), the holding company in the country for London’s French Connection that owns the FCUK brand. The group, which

February 24, 2017  |  comments ( 0 )  |