E-commerce makes the most out of private-label


The available trends in the e-commerce market, firms such as Pepperfry, Myntra, ShopClues, Flipkart and Amazon are increasingly directing their focus towards private-label brands to garner higher margins and to fill gaps in customer needs, as revealed by search query ...

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Huawei and Airtel conduct 5G network trial in India


In a recent development in the telecom sector, the country’s largest telecom operator, Bharti Airtel (Airtel), and Chinese telecom vendor, Huawei, have successfully conducted India’s first 5G network trial under a test set-up. The trial was conducted at Airtel’s modern ...

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Spot sugar gets on-line marketplace in India

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Called the Indian Sugar eMarket (ISeM), the electronic marketplace was declared open by Food and Public Distribution Secretary Ravikant. The first deal happened within a few minutes when an unknown buyer bought 10 tonnes of sugar from Bulandshahr-based Anamika Sugar ...

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Budget 2018-19: A trail-blazer for rural infrastructure


The finance minister in his Budget 2018-19 announcements has focused on rural infrastructure and played a balancing act between pressing political priorities and achieving the GDP growth and job generation targets. Terming infrastructure as the economy’s growth driver, he allocated ...

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E-commerce expands to countryside


The emerging scenario indicating that the increasing e-commerce penetration into India’s semi-rural hinterland has spawned unique expansion opportunities for a completely different online retail industry from earlier generation ¬ brick-and-mortar fashion stores. Strategists at India’s organized fashion chains are combing ...

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Myntra’s private-label biz turns positive


In a recent development in the fashion and lifestyle business segment, Myntra’s private-label biz brands portfolio delivers an encouraging 23 per cent of the e-tailer’s business and it has turned EBITDA positive in the last two months. As a matter ...

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Coca-Cola expands beverage portfolio


In view of the fast changing consumer preferences, the Coca-Cola Company plans to introduce fruit-based and other healthier drinks to cut reliance on its flagship Coke and that the strategy for the beverage giant will propel India to one of ...

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Parle-G banks on iconic brands

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With biscuits currently attracting a higher tax of 18% under GST compared with 12-14% earlier, Parle-G has decided to bank on the popularity of its iconic brands like Kisme and Poppins to grow its confectionary business, which accounts for 12% ...

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Nestle expanding packaged foods segment

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Packaged foods firm Nestle has said likely new categories by adding to its product portfolio and could foray into in India could include water and pet care. “These are very much on the radar in terms of India and we ...

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Spencer’s Retail chasing profitability


Spencer’s Retail, the retail arm of RP-Sanjiv Goenka Group flagship CESC Ltd, is hopeful of chasing profitability by becoming Ebitda-positive this fiscal. Ebitda refers to earnings before interest, tax, depreciation and amortisation. CESC Ltd in its annual report maintains that ...

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