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Samsung makes Noida manufacturing hub

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In order to expand its business both within and outside India, Samsung Electronics has set aside a staggering sum worth Rs. 5,000 crore to make Noida’s, plant as its manufacturing hub as it is doubling its manufacturing capacity of mobile ...

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ITC expands ambit in grocery biz

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In order to expand its ambit in grocery biz especially in the agribiz segment, ITC would sell premium fruits and vegetables and pricey processed foods thereby competing directly with its existing retail rivals and also new age grocers such as ...

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British Retail weighs Brexit journey

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In April 2017, the British Retail Consortium (BRC) launched its “Fair Brexit for Consumers” campaign which urges the future UK Government to ensure a fair deal for both retailers and consumers during the Brexit negotiations with the EU, Chief Executive, ...

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Foodpanda in brand building mode

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In an aggressive brand building exercise, Foodpanda signed up actor Shah Rukh Khan to endorse its brand, as the online food delivery startup looks to regain the market share it has lost to competitors such as Zomato and Swiggy, said ...

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Amazon expands operational ambit

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Online America-based retail giant Amazon planned the expansion of operational ambit and aggressively expanding its operations in more and more areas across the country with the addition of seven new warehouses with employment potential worth 4,000 people. The global player, ...

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Apple to bid Toshiba’s chip making biz

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In an attempt to make the most out of the recent twist in the sale of the world’s second-biggest flash memory chip making, Apple together with Foxconn considering to make a joint bid for Toshiba Corp’s semiconductor business, Japanese public ...

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Suzuki-Toshiba to make lithium battery

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In their quest to put in place form work for building blocks of an ecosystem for the fledgling electric car industry in India, Suzuki Motor Corp has recently partnered Toshiba Corp and Denso Corp to manufacture automotive lithium battery packs ...

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Paytm-Genesis in JV for premium brands

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In order to enable users scanning the store QR code and pay using the balance on their wallet, digital wallet player Paytm has recently entered into partnership with luxury brand distributor Genesis Luxury, which markets and distributes global luxury and ...

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ITC re-works its food & beverage portfolio

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In an attempt to increase its market share in the segment, ITC is overhauling its food & beverage portfolio in categories that have been showing signs of fatigue more than a decade after the cigarette maker challenged the dominance of ...

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Digital Wallet Paytm expands ambit

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Digital Wallet Company and marketplace Paytm while expanding ambit and launched its online-to-offline channel for shopping on Paytm Mall. The QR-code-based system has been launched by Paytm for its current partnership with Samsung and will be extended to brands in ...

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