Consumer durables
Food
4 GST slabs may make oil, chicken expensive; TV, air conditioner cheaper
The recently proposed 4 slabs GST structure may hit the common man as it is likely to result in higher taxes on various items including kitchen staples such as edible oils, spices and chicken, as per a PTI report.
However,...
Retail
4 GST slabs planned, consumer durables, FMCG face 26 pc levy
The Goods and Services Tax (GST) Council, at the end of Day One of its meeting on Tuesday, decided on the issue of compensation for states, Finance Minister Arun Jaitley told reporters.
"One main issue in today's (Tuesday) agenda was...
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Among durables, Indians spent the most on vehicles : NSSO data
According to new data released by the National Sample Survey Office (NSSO), vehicles accounted for the highest share of the amount Indian households spent on consumer durables in 2014-15.
The study named, 'Key Indicators of Household Expenditure on Services and...
Retail
Intex stores strive to take retail to a whole new level
At a time when big-ticket retailers are scrambling to grab a share of the online pie, and rolling out robust Omnichannel strategies, homegrown handset maker Intex Technologies went back to the basics and decided to strengthen its distribution network with offline branded...
Food & Grocery
Godrej looks for more acquisitions in Indonesia
FMCG major Godrej Consumer Products Ltd (GCPL) is eyeing an inorgranic growth in Indonesia via acquisitions strategy. The company has also shared 'a wish list of assets' with various investment bankers for the same.
GCPL had already acquired Indonesian household product major...
Retail
Reliance Digital goes for image makeover
Reliance Digital, the consumer durables and electronics arm of Reliance Retail, has embarked on a remodelling exercise to provide customers with a well differentiated value and experience. As part of the exercise, all Reliance Digital stores, including existing and...
Retail
Tesco starts testing ‘Tesco Direct’ in small format ‘Tesco Metro’ stores
UK-based grocery retailer Tesco has installed Tesco Direct desks in 19 Tesco Metro stores. Further, the company plans to roll them out in all its stores if the project turns successful, according to company spokesperson.
He further said, the company...
Retail
Reliance Mart inaugurated at Tain Square, Pune
Mukesh Ambani-led Reliance Mart has its new outlet in Pune. Tain, one of the leading construction companies, spearheaded by Tanveer Inamdar welcomed Reliance Mart, as its new occupant. The store was inaugurated at Tain Square located at Fatima Nagar.
According...
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The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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