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COVID-19

Maharashtra shuts malls, eateries till April 30, restaurateurs say body blow to industry

Malls in Maharashtra will remain closed throughout the day under the latest restrictions imposed by the Maharashtra government. Essential services include hospitals, diagnostic centers, clinics, medical insurance offices, pharmacies, pharmaceutical companies, other medical and health services. Also included are groceries,...

Need coordinated efforts over ad hoc localised retail restrictions as second wave of COVID begins: RAI

The Indian retail industry had faced many hurdles last year due to the pandemic-led lockdowns and localized restrictions. As the number of COVID-19 cases surge and the pandemic takes a new turn with the second wave in the country,...

Welspun One Logistics Parks launches Partner Portal for landowners, brokers

In an industry-first move, Welspun One Logistics Parks, a pan-India integrated fund, development and asset management platform has introduced a unique, online ‘Partner Portal’ to effectively collaborate with their external stakeholders, especially landowners and brokers. The goal of this...

India has bounced back amazingly from the COVID-19: World Bank Report

India's economy has bounced back amazingly from the COVID-19 pandemic and nationwide lockdown over the last one year, but it is not out of the woods yet, according to the World Bank, which in its latest report has predicted that the...

Online F&G giant Grofers to cover COVID-19 vaccine cost for employees

Online grocery platform Grofers on Tuesday said it will cover the cost of COVID-19 vaccination for its employees, their family members as well as the company's contractual staff. The company aims to cover vaccination cost for 25,000 people across 38 cities, it added. Grofers will cover...

Karnataka’s retail market – strong fundamentals

South India has long been considered a pioneering base for organised retail in India. In fact, the state of Karnataka has been at the forefront of a retail transformation with several firsts to its credit – Bengaluru was home to...

Lenzing AG: Tailoring sustainable & environmentally responsible lifestyles

Lenzing AG, one of the largest wood-based fibre manufacturers of the world, has been promoting sustainable fashion in India for over a decade with its products TENCEL™ and LENZING™ ECOVERO™, all sustainable and environmentally responsible fibres. India is a young...

Credit Suisse Emerging Consumer Survey 2021 predicts higher consumption growth in India

The tenth edition of Emerging Markets Consumer Survey was launched by the Credit Suisse Research Institute (CSRI) at the 24th Asian Investment Conference in Hong Kong. This year’s survey shows three main overarching themes spanning the eight survey countries: 1) growth...

KFC to continue India expansion despite COVID-19: Report

US-based fast food chain KFC will continue to expand its restaurant network in India despite the coronavirus pandemic bringing structural changes in the business, believing the country to be a growth market in the coming years, according to a top company official. KFC India,...

It’s back to business as Mumbai malls clock 80-90% YoY sales, usher in new stores

Mumbai, India’s financial capital may have been the last to let shopping centres open their doors for consumers but six months since the opening, business has picked up and is almost at par with that of malls across other...
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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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