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Latest Articles in retail

Govt Issues Notices To Flipkart, Amazon For Not Showing Mandatory Info About Products

The notices have been issued by the Department of Consumer Affairs, Ministry of Consumer Affairs, Food and Public Distribution.

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'The New Longing' Raghavendra Rathore

“Are brands, retail, fashion, or personal being pigeonholed into pedigree slots, much like the Royal gun salutes cryptically embedded during the British Raj that would dictate the order of a Princely State”

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Indusind Bank Posts 10 % Rise In Q2 Deposits At Rs 2.28 Lakh Cr

Of the Rs 2.28 lakh crore deposits in Q2 FY21, retail and deposits from small customers amounted to Rs 75,610 crore compared to Rs 67,318 crore in Q1 FY21.

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Amazon India Creates Over 1 Lakh Seasonal Job Opportunities Ahead Of Festive Season

Amazon India and rival Flipkart had announced creation of over 1.4 lakh temporary jobs across supply chain, last-mile connectivity and customer support in preparation for their festive sales.

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General Atlantic To Invest Rs 3,675 Cr In Reliance Retail Ventures

Partnership with global growth investor to help drive continued enablement, inclusion and progress via Reliance Retail's new commerce vision, says Reliance

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General Atlantic To Invest $498.31 Million In Reliance's Retail Arm

Reliance is India's biggest retailer with roughly 12,000 stores and has been looking to expand its so-called new e-commerce venture as it vies for market share in India's growing retail space.

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KKR To Invest Rs 5,500 Cr In Reliance Retail Ventures

The investment by KKR values RRVL at a pre-money equity value of Rs 4.21 lakh crores and with this its investment will translate into a 1.28 per cent equity stake in RRVL on a fully diluted basis.

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94% Of MSMEs Relied On IT Infrastructure During The Lockdown To Stay Afloat: Reports Tally Business Owner's Sentiments Study

MSMEs employ about 110 million people across the country but the lockdown saw a surge in reverse migration affecting small businesses who were left with a limited workforce.

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Future Enterprises Q4 net loss at Rs 394.77 cr

The company had posted a net profit of Rs 66.58 crore in the January-March quarter a year ago, Future Enterprises Ltd (FEL) said in a BSE filing.

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Indian Companies To Spend Half Of Cloud Budget On Hybrid Over 3 Years: IBM

According to the respondents, 17 per cent of their IT spend is allocated to cloud at present and they plan to increase the share of spend on hybrid from 42 per cent to 49 per cent by 2023.

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Flipkart Buys Parent Walmart's Indian Wholesale Business

Walmart, which has been running Best Price wholesale cash-and-carry stores in India since 2009, bought a controlling stake in Flipkart in 2018 for $16 billion.

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India E-commerce To Grow 27%; Reliance To Capture Half Of Online Grocery Sales: Goldman

Online penetration of retail is expected to reach 10.7 per cent by 2024, versus 4.7 per cent in 2019.

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Time to Re-imagine Consumer Journeys is Now

The full potential of this opportunity will not be unlocked unless e-commerce models evolve to address the core barriers and pain points and stay relevant to these new consumers.

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Future Group Partners With o9 Solutions In Their Retail 3.0 Journey

India’s publicly listed retailer has prioritized improving supply chain performance through next-generation technology as an important part of its 'Thathastu' initiative.

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