CCI finds Amazon and Flipkart favouring select phone makers like Samsung and Xiaomi

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

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

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

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

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

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

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

Reliance Retail to acquire Sephora business from Arvind

28 Sep 2022

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