Retail
CCI finds Amazon and Flipkart favouring select phone makers like Samsung and Xiaomi
20 Sep 2024
The Competition Commission of India (CCI) has found e-market places Amazon and Flipkart to be colluding with select smartphone makes such as Samsung, Xiaomi and other major companies
NCLT orders liquidation of Future Retail as debt resolution fails
31 Jul 2024
The Mumbai bench of the National Company Law Tribunal (NCLT) has ordered the liquidation of Future Retail Limited (FRL) as the committee of creditors (CoC) failed to arrive at a resolution plan
Govt working to improve viability of Fair Price Shops
25 Jul 2024
The centre is carrying out a pilot study on ways to improve the viability of Fair Price Shops (FPS) that currently distribute food grains and related items provided under government subsidy to weaker section of population.
DMart’s consolidated Q3 net profit up 17% at Rs.690 cr
14 Jan 2024
Avenue Supermarts Ltd (ASL), which runs the DMart retail chain, has reported a consolidated net profit of Rs690 crore for fiscal third quarter ended 31 December 2023
eBay launches a 'seller guide' to boost Indian exporters in international e-commerce
06 Dec 2023
In a strategic move to enhance cross-border e-commerce opportunities for Indian sellers, eBay, the global commercial giant, has introduced its inaugural ‘Seller Guide.’
Walmart reduces import dependence on China and shifts focus to India
30 Nov 2023
Walmart, the world's largest retailer, has significantly increased its imports from India while decreasing its reliance on China.
Walmart prepares for 'Open Call' event in India as it aims for $10 billion annual export goal by 2027
08 Nov 2023
Retail giant Walmart is seizing the India-first opportunity in the global sourcing landscape as it prepares to host a groundbreaking mega sellers' summit in New Delhi on February 14 and 15, 2023.
Reliance Retail to buy out minority shareholders
11 Jul 2023
Reliance Retail will pay Rs1,362 per share to a host of global investors, including KKR, Mubadala, Abu Dhabi Investment Authority, General Atlantic, GIC and TPG, who together hold a 10.09 per cent stake in the company
Reliance to acquire Metro Cash & Carry India in € 500 m deal
07 Nov 2022
The deal includes 31 stores in 21 cities across India, as also land banks and other assets owned by Metro Cash & Carry in India