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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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Google goes for digital wallet way

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Adding to the tough competition in the online payment segment, Google is preparing to introduce its digital wallet, Android Pay , in India this year, anchoring the platform to the government-backed Unified Payments Interface as are other global companies including ...

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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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Retail awaits FDI in personal care products

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The government eagerness to allow retail of personal care items has gained momentum with the next set of foreign direct investment (FDI) reforms likely to permit the sale of such India-made products to the extent of 25% of total merchandise ...

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Apple plans own online iPhone stores

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Though Apple’s iconic offline stores in India is still a way behind but the company first planning to set up its own online iPhone stores by this year largely riding on the fact that local manufacturers can have a direct ...

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SoftBank plans newest funding infusion

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Japanese media and telecom conglomerate SoftBank planned the newest funding infusion worth $ 1.9 billion in One 97 Communications, which is owned by online payments provider Paytm in a single-largest round of funding for an Indian digital commerce company. The ...

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IBM ranks Indian ahead in self-driving cars

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In a recently carried out survey, IBM concluded that Indian consumers are way ahead of their counterparts in matured markets when it comes being tech savvy and show a high level of interest in the intelligent, intuitive, self-driving cars. Titled ...

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