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Paytm to build ‘New Retail’ vertical

Digital payments company Paytm on Saturday said that it will build a "New Retail" model to equip shopkeepers with technology, logistics and marketing capabilities. According to One97 Communications, that owns the brand Paytm, under the new model, "consumers will soon...

Walmart e-entry makes India attractive to global majors: Experts

The whopping US $16-billion mega deal by global retail giant Walmart with the country's leading e-tailer Flipkart for majority stake makes India an attractive destination for global majors in the digital space, industry experts said on Wednesday. Kishore Biyani, CEO,...

Indian e-commerce market sees M&A deals worth US $2.1 bn in 2017

As much as US $2.1 billion worth of M&A (merger and acquisition) transactions were inked in 2017 in the booming Indian e-commerce industry, which may soon witness its largest-ever deal - the proposed Flipkart-Walmart nuptial. According to a PTI report:...

Amazon, Flipkart to drive growth in cargo segment; air cargo to benefit by Rs 1,000 cr: Report

The e-retail industry led by the likes of Amazon and Flipkart has brought about a major disruption in the domestic cargo sector with an expected contribution of about Rs 5,000 crore this fiscal, of which the air cargo segment...

Hope to cover 1 cr merchants in 3-6 months: Paytm

Mobile-first financial services platform Paytm hopes to cover 10 million merchants across India in three to six months from the existing six million merchant-partners for Quick Response (QR)-based payments, an official said on Thursday. The platform will invest Rs 500 crore in 2018 to...

PE investments jump 55 pc to all-time high of US $24 billion in 2017

Private equity firms invested US $23.8 billion across 591 deals in 2017, making it the biggest year for PE investments in India, says a report. According to deal tracker Venture Intelligence, the investment value is 39 per cent higher than...

E-commerce sector rides on Digital India, note ban

Adopting disruptive technology and riding on the Digital India bandwagon, the e-commerce sector has survived the slowdown in 2017 and benefited from the note ban, which spurred online transactions. More than computer-based Internet penetration and broadband extension, the record growth...

Paytm registers 3x growth on 12.12 Festival

India’s largest mobile-first financial services platform Paytm has registered 3x growth in payment transactions across offline merchant partner stores during the second edition of its ‘12.12 Festival’. This contributed to over 1.5x increase in a single-day revenue growth for...

Duke to expand brand locally, increase revenue to Rs 500 crore

Ludhiana based Duke Fashions (India) Ltd., a much-favored name in Knitwear is acknowledged today as one of the undisputed leaders in the Indian fashion retail industry. The company's values are based on its authentic fashion understanding heritage, dating back...

Paytm Mall posts Rs 13.63 cr loss during Aug16-Mar17

Paytm E-commerce, which operates online marketplace Paytm Mall, has posted a total loss of Rs 13.63 crore between August 2016 and March 2017, according to regulatory filings with the Corporate Affairs Ministry. According to a PTI report: Paytm Mall, which...
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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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