Big Grid

Tax holiday for these businesses was extended by one more year to March 2022 during Budget presentations today. Capital gains exemption given to them has also been extended by one more year. As of the last week of December, there...

Welcoming the focus of the 2021 Union Budget on inclusive governance policies for all-round capital spending on infrastructure and digital initiatives, Adeeb Ahamed, Managing Director, LuLu Financial Holdings and Tablez said that the Budget has been accommodative of the...

The Retail & Shopping Centre Industries have been the most adversely impacted sectors globally during the pandemic. The industry had to undergo a swift turnaround, adopt technology and irrevocably change the way traditional retail functioned. The year saw many...

Westlife Development Ltd, which owns Hardcastle Restaurants, the master franchisee of McDonald's restaurants for western and southern India, expects its business to return to pre-COVID-19 level from the next quarter and continue its expansion journey by adding more stores to its...

The Food Service Sector has been one of the most adversely impacted sectors during the pandemic. With an erstwhile annual turnover of approximately INR 4 Lakh Crore and providing direct employment to over 7 million Indians, the Restaurant Industry...

The Retail Industry has been one of the hardest hit by the COVID-19 pandemic and its crippling impact on the world economy. Within retail, the garment industry, whose manufacturing is solely dependent on the retail sector, has been perhaps the...

All eyes are set on the Budget 2021-2022 for the key role it will play in accelerating the revival of the economy. Consumption drives the economy, and retail is the gateway to consumption. The Indian Retail sector (sized at USD...

The government in the budget next week is expected to announce measures such as extending the facility of bulk clearance for e-commerce imports and exports with a view to promoting the growth of this fast-growing segment in the country, sources said. They...

The clothing industry and its supply chains were riddled with problems long before COVID-19 – but it took a global pandemic to push them to the forefront. Many companies are already changing the way they operate, and it is clear the ramifications...

According to a latest report 'Indian E-grocery - A Promising Opportunity Led By Value-First Users' released by one of the largest homegrown consulting firms, RedSeer Consulting, the 'value-first' e-grocery segment is projected to grow at 53% CAGR over the next 5 years...

E-commerce will play an important role in the government's vision of 'Atmanirbhar Bharat' (self-reliant India) as more homegrown brands scale up and go global, leveraging digital infrastructure, a top Amazon India executive said on Wednesday. Amit Agarwal, global senior vice president and...

The transformation of just 10% of the 13 million traditional grocery retailers in India, known as Kirana stores, could boost retail consumption by more than 5% and generate approximately 3.2 million new jobs in India, according to a new report from Accenture (NYSE: ACN) and...

Around 50 new stores were inaugurated at the Inorbit Malls located in Malad, Vashi, Bengaluru, Hyderabad and Vadodara in the last six months despite the pandemic, on the back of a strong commercial demand during India’s unlock phases as...

The pandemic has brought in a shift in consumer behaviour, providing a major fillip to the Indian e-commerce industry that is now poised to touch USD 90-100 billion in the next 3-4 years, Flipkart Group CEO Kalyan Krishnamurthy said on Wednesday. Krishnamurthy said while challenges brought in...