Retail
Govt eases FDI norms to propel growth
29 Aug 2019
The government has relaxed norms for FDI in several sectors including the manufacturing sector, single brand retail and digital media
Amazon to acquire 10% stake in Future Retail
13 Aug 2019
Under the agreement, Amazon will have the option to buy more shares from Kishore Biyani, Future Retail’s founder and chairman, giving the US e-commerce firm an edge over rival Flipkart and the planned e-commerce venture of Reliance Retail
Binny Bansal sells 0.33% in Flipkart to Walmart for $76.4 million
24 Jun 2019
Binny Bansal, who had earlier also sold a small portion of his residual stake in Flipkart, owned 3.52 per cent stake in Flipkart before the latest sale of 5,39,912 shares to Walmart
Foreign fund flows to Indian retail real estate market doubled to $1.2 bn in 2017-18: report
24 May 2019
Flipkart launches online grocery store ‘Supermart’ In Mumbai
09 May 2019
Flipkart Supermart promises free delivery on orders above Rs600, the best prices on top brands, and an easy returns policy on delivery itself
Walmart looks to acquire grocery chain Namdhari through Flipkart
02 May 2019
This is part of Walmart’s strategy against Reliance Retail’s planned nation-wide rollout of its “new-commerce” multi-channel retail play by bringing millions of kiranas or small neighbourhood stores on board
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