Search

APRIL Group, a global producer of fiber, pulp, and paper, has acquired a controlling stake in Origami, India's leading consumer tissue products company. This move marks APRIL Group's entrance into the fast-growing Indian tissue and personal hygiene market. Origami is a well-known brand in India, manufacturing a wide range of tissue and personal hygiene products. In other news, IKEA has partnered with logistics player Rhenus to support its e-commerce expansion and improve home delivery services for customers in the Delhi-NCR region. Additionally, Amazon has made a fresh equity infusion of Rs 1,660 crore ($199 million) into its Indian marketplace entity. [Extracted from the article]

The article reports on role of the Ecommerce in the growth of paper consumption market in India and mentions the views of Manish Gupta, director of the Bengaluru-based firm, on the same.

The article presents the results of a survey conducted among students from class 8-12 in India which reveals that 83% of students in the 12-18 age group in the country's top cities engage in online shopping.

Tata Consumer Products is restructuring its US business, with subsidiaries Tata Tea Extractions and Consolidated Coffee transferring their businesses and assets to Tata Consumer Products US. Additionally, American brands Good Earth, Tata Waters, and Eight O'Clock Coffee will merge into Tata Consumer Products US Inc. This restructuring is expected to be completed by December 31, 2024. In other news, the government may address the issue of inverted duty structures for products like paper, furniture, washing machines, solar glass, and air purifiers to promote domestic manufacturing. [Extracted from the article]

The article reports on a study, published in the "International Journal of Scientific Research," which revealed that only 3% of the youth in Mumbai, India buy clothes online and about 64% of them prefer to purchase branded products.

Amazon has invested Rs 1,660 crore ($199 million) into its marketplace entity in India, according to a regulatory filing. The US parent company made the equity infusion into Amazon Seller Services, and in return, the Indian entity allocated 1.66 billion equity shares to Amazon Corporate Holdings Ltd and Amazon.com, Inc. This investment demonstrates Amazon's commitment to the Indian market and its ongoing efforts to expand its presence in the country. [Extracted from the article]

The article informs that a group of more than 260 micro, small, and medium enterprises has asked the Union government to delay the ban on single-use plastic by a year saying they need more time to switch to alternatives such as biodegradable paper.

The article reports that India has requested input from member nations of the World Trade Organization (WTO) regarding the challenges faced by countries in adopting and utilizing digital public infrastructure, and its potential role in promoting global electronic commerce.

The article reports that according to the paper "Growing market for branded kids-wear in India" by Associated Chambers of Commerce and Industry of India (ASSOCHAM), India's children apparel sector is growing is growing at compound annual growth rate (CAGR) of 20 percent.

The article reports that according to a Reserve Bank of India's (RBI) report Concept Paper on Card Acceptance Infrastructure, usage of debit cards at automated teller machines (ATMs) still account for 88 percent of debit card transactions.

The article reports on the moves of Indian startup companies including Elrhino, a handmade paper products manufacturer, and Tamul Plates that makes biodegradable disposable products to attract venture capitalists.

The article reports on the higher growth rate of online shopping compared to regular trade in India in 2013 according to a paper from the Associated Chambers of Commerce and Industry of India (Assocham).

The article reports on the paper from the Associated Chambers of Commerce and Industry of India (ASSOCHAM) concerning the electronic (e)-commerce challenge faced by the shopping malls in India.

Reliance Industries is reportedly in talks with British fashion retailer Primark to bring the brand to the Indian market. This move would position Reliance against competitors such as Tata's Zudio, Max from Landmark Group, and Shoppers Stop's InTune. In a speech at the Great India Retail Summit, Ashish Dikshit, Managing Director of Aditya Birla Fashion and Retail, highlighted India's progress in the retail industry, attributing it to creativity, technology, and a focus on consumer-centric services. Jewellery retailer Malabar Gold & Diamonds plans to open 10 new stores in India and aims to have a total of 350 stores globally by March. Amazon Pay has received a payment aggregator license from the Reserve Bank of India, joining other digital payment platforms like Zomato and Google Pay. [Extracted from the article]

The article informs that after the ban imposed by Madras high court on use of plastic bags has saw an increase in cloth bag manufacturers across the Indian states and saw an increase in demand and sales too.

The article reports on the conflict between electronic commerce firm AskMe Group's minority shareholders and its owner Astro Malaysia Holdings Bhd over Astro's old dues and its exit from the company in India.

The article French dairy company Danone SA has decided to close down its dairy business in India and company will discontinue stock keeping units (SKUs) sold in India and reasons to close down the business are ultra-high temperature processing and fresh dairy products.

The article reports Reliance Retail is leading the structured financing market of India, with the company and OPC Asset Solutions working out a securitisation arrangement in order to raise Rs 12,000 crore.

The article reports on the continued cash crunch with banks and automated teller machines (ATMs) in the Indian state of Tamil Nadu ever after several days of demonetisation.

The article reports on the Indian government's plans to open several multi-modal logistics parks in major cities to improve the supply chain and cargo flow and reduce costs.

This article discusses the rise in the prices of automobile fuels in India, especially diesel fuels, which has caused inflation in other industries including the food, beverage and materials industries.

The article reports on the plan of handset vendor Intex Technologies (India) Ltd. to invest and set up standalone brand stores in the next fiscal year to boost its market share in the retail industry.

The article reports on the move of online retailers in India, including Flipkart.com, to make cardboard packaging worth reusing by printing it with board games and puzzles for brand recall.

The article presents the highlights of a report by the Associated Chambers of Commerce and Industry in India (ASSOCHAM) which says that, due to high rentals and low pedestrian traffic, one-third of retail tenants at Indian shopping malls in large cities such as Mumbai, Delhi and Banagalore are moving to smaller or tier-II and III cities. ASSOCHAM President Rana Kapoor says malls shift their focus to the smaller cities because of their lower operational costs, less competition and novel values.

The article reports that the Indian Department of Industrial Policy and Promotion (DIPP) is no longer responsible for determining cutting edge products for the exemption of applicants for foreign direct investments (FDI) from locally sourcing products in India in single brand retailing.

The article reports on opposing views among traders and consumers in the Indian state of Rajasthan regarding the state government's move to revoke foreign direct investment (FDI) in multi-brand retail.

The article reports on the opposition of the Confederation of All India to foreign direct investment (FDI) in electronic commerce (e-commerce) due to its potential in haltering the retail trade and micro, small and medium enterprises (MSME) sector in the country.

The article focuses on the plans of India to impose stringent quality control measures and higher tariffs on imports from China.

The article reports on the proposed amendments to India's Competition Law for greater regulation of e-commerce platforms and ensuring that presence of etailers has no severe impact on local jobs.

The article reports on the plan of Mumbai, India-based Tata Group to radically change the way they approach consumers.

The article discusses how Amazon India has received a fresh infusion of Rs 2,700 crore, just months after its parent company had pumped in Rs 2,600 crore into the marketplace business bringing the total infusion into Amazon India to over $1 billion since January 2018.

The article reports that Indian government will change the base year for calculation of GDP and retail inflation to 2017-2018 and 2018, respectively, for more accurate assessment of the progress of the economy and the society.

The article reports the growth in revenue for Reliance Retail owning the strong performance in the digital category of the retail business.

The article focuses on the double standards shown by the multinational fast food companies wherein they have eliminated antibiotics misuse in the meat supply chains of other countries but not India.

The article discusses India's policy on food retail allowing 100% foreign direct investment both in brick-and-mortar stores and online establishments with goods procuring locally and it states investments came from electronic commerce firms Amazon.com, Inc., and Big Basket benefitting farm sector.

The article reports that India's retail market has not been able to make its place in Deloitte's annual Global Powers of Retailing ranking and needs more efforts.

The article reports on the success of the electronic commerce Amazon.com Inc.'s largest seller Cloudtail India Pvt. Ltd. in surpassing the largest department chain Shoppers Stop by revenues as of March 2016 in India.

The article reports on the data from the Associated Chambers of Commerce & Industry of India (ASSOCHAM) which reveals that shopping mall owners in major cities in India face electronic (e)-commerce challenges.

The article reports on the launched by American electronic commerce company Amazon.com Inc. to its Global Store in India which will allow Indian customers to purchase products directly from the U.S.

The article discusses plans of trader bodies plan to complain to the Indian department of industry policy and promotion (DIPP) that electronic commerce firms Amazon, Snapdeal and Flipkart are flouting the foreign direct investment (FDI) norms with discounts offered on Independence Day sales.

The article reports on changes implemented by Flipkart chief executive officer (CEO) Binny Bansal on the Indian electronic commerce company including increasing charges, reviving desktop web sites and reducing costs.

The article presents an obituary for Xerxes Desai, the founding managing director of Indian watch maker Titan Co. Ltd.

The article reports that Indian conglomerate Tata Group's retail unit, Trent Ltd., is preparing for a stock split and will issue non-convertible debentures to raise 300 crore rupees.

The article reports that restaurant chain Genuine Broaster Chicken (GBC) will start 90 outlets in India towards the end of the year 2017, suggesting a competition against the U.S. fast food restaurant chain Kentucky Fried Chicken (KFC).

The article discusses cash-rich e-commerce companies in India eyeing the online consumer during festival season around the Hindu festival Diwali with an expected expenditure of _2,000 crore towards marketing and promotion activities of these companies, roping in film actors for promotion purposes.

The article announce that Australian coffee chain Di Bella coffee has decided to expand its business in India and plans to setup stores throughout the country.

The article announces the decision of the Gujrat based aerated drink brand Sosyo to become a national brand.

The article offers the author's insights on the need for the retail sector in India to modernise its policy related to electronic commerce (e-commerce).

The article offers the insights of Google Inc. Director for E-commerce and Online Nitin Bawankule on the possibility that the online fashion retail in India may reach $35 billion by 2020.

The article discusses the expansion plan of founder chairman Ravi Jaipuria of Business house RJ Corp. It has diversified businesses including fast food company Devyani International and bottling operations Varun Beverages. The article reports plans to raise capital through initial public offerings (IPOs) of two companies for about $300 million by 2016 and plans to double group's turnover by 2017 to Rs 20,000 crore.