SoftBank gets nod for stake acquisition


Softbank in a newest development has secured the Competition Commission of India’s go ahead for 20% stake acquisition in One97 Communications, the parent of digital payments leader Paytm. The approval comes two months after the Noida-headquartered company raised Rs 9,000 ...

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Liquor bottles invite pictorial warnings


In an encouraging development, Food Safety and Standards Authority of India (FSSAI), which is in the process of finalizing standards for alcoholic beverage, is all set to order pictorial warnings and messages cautioning people against ill effects of alcohol and ...

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BigBasket pushes funds in supply chain


In an attempt to make available fresh produce to its customers, grocery e-tailer BigBasket is upping is investing heavily into its fresh produce and staples supply chain, as it prepares to take on global giant Amazon which recently received the ...

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Lenovo focuses on after sales services


Chinese tech-major Lenovo is planning to introduce a QR code scan option on its PCs by providing after sales service to customers retrieving all product-related support info on a mobile app. The QR-code scan options like to be introduced across ...

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RJio is jewel in RIL’s crown


The Reliance Industries chairman, Mukesh Ambani has described Jio as a jewel among the many assets of Reliance group. As a matter of fact, this is the best-in-the-world connectivity network enables customers to participate on multiple digital platforms, including e-commerce, ...

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FMCG records resounding sales post GST


The fast moving consumer goods (FMCG) industry witnessed a quantum jump of 5.37% in overall sales volume in the first week after the implementation of the Goods & Services Tax (GST), compared to the week before June 15 this year, ...

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JCPenney retail shines on Indian shores

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In a short span of less than a year of opening its technology centre in Bengaluru, US-based retail plahyer of global repute, JCPenney has made a remarkable headway in its hub of fundamental engineering solutions, one that works very closely ...

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Amazon eats into retail share in US


Though Amazon claims a mere 5 percent share of total retail sales, but it eats into the retail share of its competitors across states in the United State of America,according to data from the U.S. Census Bureau, but factually its ...

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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


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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