Retail
Swiss luxury goods group Richemont abandons sale of underperforming brands
09 Nov 2013
Richemont, the maker of Cartier jewellery and Piaget watches, says it has abandoned its divestment plans as potential bidders made offers that undervalued its brands
Wal-Mart probe: ball now in RBI’s court
19 Oct 2013
UK retail sales rise exceeds expectations
18 Oct 2013
No violation of FEMA rules by Walmart, says ED
18 Oct 2013
The Enforcement Directorate (ED) has found no contravention of foreign exchange rules by US retail giant Wal-Mart in its investments in India’s Bharti Enterprises
Tata-Tesco launch ‘Star Daily’ outlet in Pune
17 Oct 2013
Negatives forced Wal-Mart to drop retail hopes in India
10 Oct 2013
The Indian authorities are investigating whether Wal-Mart violated foreign investment rules by giving Bharti Retail an interest-free loan of $100 million that could later be converted into a controlling stake in the company
Tesco plans $554-mn supermarket JV in China with China Resources
03 Oct 2013
The JV comes after Tesco, the third-biggest supermarket chain in the UK, failed to establish a foothold in the country
Google takes on Amazon with same-day shopping delivery
01 Oct 2013
Diversifying from online advertising, its primary source of revenue, Internet search giant Google, has entered online retail, competing with online retail giant Amazon
eBay to buy payment processor Braintree for $800 million
27 Sep 2013
US online retailer eBay Inc is buying Chicago-based payment processing company Braintree Payment Solutions, for $800 million in cash, in order to boost its PayPal unit's mobile commerce business
Biyani eyes direct sales to households with Big Bazaar Direct
26 Sep 2013
Kishore Biyani's Future Group is confident that its new direct-selling venture, Big Bazaar Direct, will be a success despite the ongoing economic slowdown, as it seeks to partner kirana stores in a mutually beneficial business format
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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