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Amazon India inks pact with Indian Coast Guard

Amazon India will collaborate with the ICG to help ex-servicemen from military backgrounds pursue their corporate careerMumbai: E-commerce giant Amazon India on Wednesday signed an agreement with the Indian Coast Guard (ICG), under the Ministry of Defence, to provide ex-service...

Walmart sources bicycles from India, partners Hero Ecotech

This initiative is a part of Walmart's commitment to triple exports out of India to $10 billion annually by 2027New Delhi: Global retail major Walmart has started sourcing bicycles from India by entering into a strategic partnership with Hero...

Flipkart ‘The Big Billion Days’ sales lift Walmart’s gross margins

Walmart International's net sales during the third quarter were $26.7 billion in constant currency terms, while its gross profit rate was up 151 bpsNew Delhi: US retail giant Walmart's consolidated gross margins improved in the third quarter (August-October), helped...

Here’s how retailers and e-commerce platforms use Generative AI

A look at how major retailers, e-commerce giants and other players have started capitalising on the potential of Generative AI to deliver customer satisfaction and achieve more engagementNew Delhi: ChatGPT by OpenAI took the world by storm when it...

The Centennial Club: Retail brands in business for over 100 years

From the toy wonderland of Hamleys, which traces its origins back to 1760, to P N Rao's bespoke tailoring legacy that began in 1923, and the global giant Bata, established in 1894, these retail legends have stood the test...

Scanning the Self-checkout Space

The trend of self-checkouts is fast catching in India. Here’s a look at what’s driving the adoption and who are the front-runnersBengaluru: In the dynamic domain of Indian retail, where a surplus of manpower is readily available, and customers...

Walmart increases stake in Flipkart, pays $3.5 billion to acquire further shares

During the same period, the company received $700 million related to new rounds of equity funding for the company's majority-owned PhonePe subsidiaryNew Delhi: US retail giant Walmart has increased its stake in Indian e-commerce subsidiary Flipkart as it paid...

EcoSoul onboards Bhumi Pednekar as brand ambassador and investor

With EcoSoul, Bollywood actor Bhumi Pednekar will advocate conscious consumption and the importance of choosing environmentally friendly alternatives to single-use plastic Mumbai: EcoSoul Home Inc., an eco-friendly products company, announced signing Bollywood actor and environmental advocate, Bhumi Pednekar, as its...

Walmart acquires Tiger Global’s stake in Flipkart for $1.4 billion

The transaction took place at an enterprise valuation of around $35 billionNew Delhi: US retail giant Walmart has acquired the entire stake of Tiger Global for USD 1.4 billion at an enterprise valuation of $35 billion, sources aware of...

Walmart, Flipkart join hands with Telangana govt to upskill, support local MSMEs

The MoU between Swasti and Telangana government will facilitate the development of local Micro, small and medium-sized enterprises towards accessing a wider domestic market space, to leverage online retail and enable sustained growth and commercialisationHyderabad: Walmart and Flipkart on Tuesday...
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How FMCG companies are rethinking packaging to become eco-friendly

More and more companies are opting for sustainable approaches to packing of FMCG products for e-commerce. Here’s an overview...
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