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Demonetization

Apparel Export Promotion Council seeks relaxed norms for garment exporters

To help exporting units tide over the impact of demonetization, the Apparel Export Promotion Council has asked for increased withdrawal limits and relaxation in rules for payment of statutory dues like PF, ESI and service tax for sometime. According to...

Demonetization a well-timed move, says Adi Godrej

Godrej Group Chairman Adi Godrej said demonetization is a well-timed move, in view of the proposed rollout of the Goods & Services Tax (GST) early next year. "Demonetization will certainly be a good thing in the medium to long term....

Almost 30 pc fall in demand after note ban: Raymond

Textile and apparel major Raymond has seen nearly 30 per cent decline in demand since demonetization was announced last month, but expects the situation to ease early next year. "We have seen a nearly 30 per cent decline in demand...

Now, order Rs 2,000 notes when you buy from GrocerMax

To ease the cash crunch post demonetization, GrocerMax.com - a Gurugram-based online grocery delivery company has started an initiative of delivering Rs 2,000 currency notes to its customers at their doorstep, on minimum grocery order of Rs 1,500. As the...

MobiKwik to help 30 lakh street vendors go digital

Domestic mobile wallet platform MobiKwik and the National Association of Street Vendors of India (NASVI) on Thursday teamed up to empower over 30 lakh street vendors from 25 states to use digital transactions. "We will train 10 lakh street vendors...

Demonetization bleeds Jharkhand markets, sales plunge

Demonetization has hit markets across Jharkhand -- be they big or small -- and the overall business volume in the state is down by about 40 per cent, traders say. From roadside vendors to builders, all have been affected equally,...

Grofers turns into mini ATM; allows customers to withdraw cash

Extending facility to deliver cash at doorstep, e-grocer Grofers has now tied-up with Yes Bank allowing customers to get cash of up to Rs 2,000 when they order grocery online. "Grofers, the on-demand e-commerce mobile and web application, is opening...

Demonetization: Lenovo experiences 20 per cent dip in PC sales

Lenovo said its PC sales have fallen by over 20 per cent in the past few weeks due to the twin impact of demonetization and seasonal slowdown post Diwali. According to a PTI report: However, the company has adopted measures...

India's November retail inflation declines to 24-month low

India's annual retail inflation declined in November to its lowest level in the last 24 months, official data showed on Tuesday. According to Consumer Price Index (CPI) data released by the Central Statistics Office (CSO), the annual retail inflation eased...

Domino's Pizza goes cashless for home deliveries

Jubilant FoodWorks, which operates Domino's Pizza outlets in India, has said that it will offer cashless payment option to all its customers on home deliveries. "With this service, when customers call to order and choose to pay with a cashless option,...
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The Luxottica report card for 2022

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