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The companies, as per reports, felt that the assets are priced more than their actual value

Amazon Announces Plans To Tackle Counterfeits Across Retail Industry

The global conglomerate said that it has already detected hundreds of matching accounts where the same counterfeiter tried to create selling accounts on Amazon and at least one other store operator through ACX

Tech Layoffs: A Boon For Other Working Sectors

Suchita Sail

Tech

Industry giants like Google, Amazon, Meta and Microsoft have collectively laid off more than 1,50,000 workers with the backdrop of recession risks globally Rising inflation, geopolitical tensions, overzealous hiring amidst the pandemic are some of the reasons making the ‘IT layoffs’ the new normal

Govt Working To Develop National Retail Trade Policy To Promote Ease Of Doing Biz: Sanjiv Singh

The government is making efforts to develop a national retail trade strategy for brick and mortar retail dealers in order to enhance ease of doing business

Is Indian Retail Market Ready For Another Covid Wave?

Amisha Sharma

According to the Retailer Association of India (RAI), sales in India fell by 79 per cent during the pandemic compared to pre-pandemic levels. With a new variant of Covid already making its entry, it becomes critical for the retail industry to be ready for the impact of the pandemic

Beauty, Personal Care Sector Grows 143% In E-commerce Sales: Report

Economy

In comparison to other segments, beauty and personal care continues to have the fastest development

RBI To Launch Its First Pilot For Retail CBDC From Dec 1

Banking & Finance

Transactions can be both Person to Person (P2P) and Person to Merchant (P2M) through retail digital rupee

Landmark Group India Names Reliance Retail’s Vikram Idnani As President – CIO

Idnani has more than two decades of experience as a business-oriented technology leader

4.82% Surge In Indian Exports During September

Economy

The Indian exports surged by 4.82 per cent to 35.45 billion dollars in September, even when the trade deficit increased to reach 25.71 billion dollars, as per recent data released by the commerce ministry.

B2B Ecommerce Market Of India To Reach $100 Bn By 2030: Report

Led by firms like Jiomart and Udaan, the B2B e-commerce market of India is all set to reach $90-100 billion in gross merchandise value (GMV) by 2030, as per a report by Redseer Strategy Consultants.

Amazon India's Report Card Mixed, Profitability Elusive: Report

Tech

Bernstein’s report says Amazon India’s growth has come at a high cost of over USD 6.5 billion invested to-date while profitability remains elusive

Easing Raw Material Costs Promising For Indian Consumer Companies

Prices of palm oil, a key ingredient for many food products, detergents and cosmetics, are down 32 per cent from a record peak hit in March

Retail Inflation For Industrial Workers Eases To 6.16 % In June

Economy

Retail inflation for industrial workers eased to 6.16 per cent in June from 6.97 per cent in May this year due to lower prices of certain food items and petrol

Revised GST Rates: Boon Or Bane?

Aparajitha Nair