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CAIT, DPIIT to launch e-commerce platform for small retailers

The Confederation of All India Traders (CAIT) and the Department for Promotion of Industry & Internal Trade (DPIIT) have joined hands to come up with an e-commerce platform for local retailers and grocery stores. The announcement comes a day after...

CAIT awaits clarity on relaxed lockdown norms on shops

The Confederation of All India Traders (CAIT) on Sunday said that "confusion" is preventing traders from opening shops even following the orders issued by Ministry of Home Affairs and various state governments. In a statement, CAIT said: "Despite of the...

Instagram launches in-app food delivery to support businesses

Facebook-owned photo and video-sharing app Instagram has launched a new feature that allows food orders to be placed through the app, as part of an effort to support local businesses during lockdowns. The feature was first rolled out in the...

Reliance JioMart goes live on WhatsApp

After signing a massive $5.7 billion deal with Facebook, Reliance Industries latest venture to expand into the retail market, JioMart, has reportedly gone live with its official WhatsApp number. According to media reports, JioMart is currently available in the suburban...

Boost e-commerce to salvage economy post-Covid: Pawar to PM

With 'social distancing' likely to become a norm in the future, Nationalist Congress Party President Sharad Pawar has urged Prime Minister Narendra Modi to boost e-commerce and home delivery to salvage the Indian economy badly battered by the Covid-19...

64 pc Indian consumers to prefer online shopping in next 6-9 months: Report

In view of the coronavirus pandemic and persistent concerns, the share of Indian consumers preferring online shopping over physical shops may rise to 64 per cent in the next 6-9 months, according to a survey by Capgemini Research Institute. The...

Govt allows reopening of local shops, shopping centres to remain closed

The government on Friday allowed opening of shops as part of the easing of lockdown restrictions announced on April 15 with neighbourhood shops and others being allowed within the city and all shops except those in malls allowed outside...

Abu Dhabi and Dubai prepare to reopen malls with new rules

Abu Dhabi and Dubai have announced preparations to reopen malls and shopping centers, issuing guidelines on Thursday for business owners and shoppers. However, Dubai Economy has asked businesses to be on ‘standby’ for official announcements on the date of reopening...

Entrepreneurs in beauty & wellness sector on the impact of lockdown 2.0

The coronavirus pandemic has caused an economic tsunami in the world. While social distancing has proved disastrous for many businesses, it has been most unkind to one sector whose professionals make a living by touching people – the salon...

CapitaLand Retail China Trust posts encouraging signs of recovery

In its 1Q 2020 business updates, CapitaLand Retail China Trust shared encouraging signs of recovery in its portfolio of China malls: - Shopper Traffic in Mar’20 up 105 pc month-on-month - Tenant sales in Mar’20 up 189 pc month-on-month - Malls that...
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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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