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Future Group may buy Snapdeal’s logistics arm Vulcan Express

Kishore Biyani-led Future Group is in initial stage of discussions to buy Snapdeal’s logistics arm — Vulcan Express — for about Rs 50 crore as the former looks to strengthen its supply chain business, according to multiple sources close...

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...

Snapdeal announces its curated Christmas store

Snapdeal's Christmas store has a range of festive gifts, X-Mas decor and eclectic products - all put together at prices that will make customers smile. The store features a wide range of products covering everything customers might possibly like to...

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...

Godrej Interio's India Circus eyes Rs 100 crore revenue post expansion plans

Godrej Interio, the furniture arm of Godrej & Boyce Mfg Co. Ltd, will open nine stores of India Circus, the home store run by designer Krsnaa Mehta. The partnership between Krsna Mehta and Godrej Interio is at a matrix...

Govt to tie up with Amazon to expand 'Tribe India' brand

The Union government is planning to tie up with e-commerce player Amazon to expand the market for tribal handicrafts via the online retail space. According to a PTI report: Pravir Krishna, Managing Director of Tribal Cooperative Marketing Development Federation of...

CAIT demands stay on business ops of Amazon & Flipkart, says discounts flout FDI policy

The Confederation of All India Traders (CAIT) has charged e-commerce biggies Amazon, Flipkart and Snapdeal - and others - for violating India's FDI policy for e-commerce issued by the Government on March 29, last year. The traders' body has filed...

Flipkart confident to surpass Amazon in smartphone sales

SoftBank-backed Flipkart is confident of extending its lead over US-based rival Amazon in smartphones sales and expects 1 in 2 smartphones sold online during the festive season will be through its platform. "We have been hovering around 2-2.5X of the...

Indian health and wellness brand Gaia ventures into organic spices

Spices are more than just a delectable way of enhancing the flavour of your favourite dishes. Besides boosting the nutritional value and preserving freshness, spices have an incredible number of medicinal properties including anti-inflammatory (cinnamon) and anti-carcinogenic (turmeric) as...

Snapdeal to host three-day festive sale from Sept 1 onwards

E-commerce firm Snapdeal said it will host a three-day sale offering double-digit discounts across categories like electronics, fashion, and home between September 1-3. According to a PTI report: Snapdeal, which was engaged in merger talks with larger rival Flipkart till...
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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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