Topic: Indian retail
Forget Mukesh Ambani vs Bezos, kirana king Udaan is the new kid to beat in India’s retail war
Udaan has taken 80% of B2B e-commerce market, delivering goods it stocks in 200 warehouses to more than 17 lakh retail stores in 900 cities every day.
Indian economy began stabilising in November as retail demand picked up
The pace of activity was enough for the RBI to revise its forecast for the economy, which it now expects to exit a recession in the current quarter to December.
Fat tax — What you didn’t know clothing brands are charging you for
After being called out by fashion watchdog Diet Sabya, brands like Gauri and Nainika and Fuel are now owning up to the practice of discriminatory pricing.
Fears about largescale retail loan defaults in India overblown, Macquarie analysts say
The RBI has allowed borrowers to delay monthly payments on their loans until the end of August, to provide some relief from a prolonged lockdown.
Lipstick effect helped brands survive crises before. It can now aid Covid-hit companies
A lipstick is not an inferior or trivial good, but a significant economic barometer that can indicate how consumers might behave amid a bruised economy.
Mukesh Ambani is a man on a mission and even a pandemic or lockdown can’t stop him
Mukesh Ambani has raised $8 billion with 3 deals in 3 weeks as he races to transform his oil-and-petrochemicals empire into a tech-driven, e-commerce force.
Amazon close to acquiring 10% stake in Future Retail, which runs Big Bazaar chain
Amazon's deal with Future Retail will enable it to tap into India’s rising demand for household products and home-delivered fresh produce.
India’s retail market may not be as attractive as it appears
Global companies must understand consumer needs and let govt regulations settle down before investing in India’s attractive retail market.
On Sri Lankan man’s lynching, all of Pakistan reacted…and moved on
PM Imran Khan’s tweet of shock. Check. CM’s expression of sadness and ordering of inquiry. Check. IG police’s vow to arrest the culprits. Check.
Bezos, Branson & Musk — Are billionaires popularising space travel or just on an ego trip?
Jeff Bezos will travel to the edge of space in his New Shepard aircraft — more than a week after billionaire Richard Branson defeated him in a fast developing space race.