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Online retail sales to hit US$ 2.5 trillion in Asia by 2024

Online retail sales to hit US$ 2.5 trillion in Asia by...

Riding on the surge in grocery demand in the COVID-19 times, online retail sales in Asia will grow from US$ 1.5 trillion in 2019...
Apple says happy Diwali with 1st India online store on Sep 23

Apple says happy Diwali with 1st India online store on Sep...

Ending months of speculation, Apple is launching its first exclusive branded online store in India on September 23 just ahead of the festive season,...
How shifting to e-commerce has benefited small retailers

How shifting to e-commerce has benefited small retailers

While financial challenges following lockdown orders have forced many small and medium-sized-businesses to shut shop, a number of SMBs have seen the benefits of...
Sequential retail price inflation marginally eases in Aug

Sequential retail price inflation marginally eases in Aug

Lower food prices pulled down India's August retail inflation to 6.69 percent from 6.73 percent in July, official data showed on Monday.The data furnished...
Supply-Side Bottlenecks: August retail inflation expected to remain high on COVID impact

Supply-Side Bottlenecks: August retail inflation expected to remain high on COVID...

The COVID-19 induced supply-side constraints are expected to keep India's retail price inflation at an elevated level, consequently, eroding chances of a RBI lending...
India's online food delivery GMV to hit $13bn by 2024: Report

India’s online food delivery GMV to hit $13bn by 2024: Report

India’s total online food delivery gross merchandise value (GMV) is expected to be US$ 13 billion by 2024 by clocking 12 million daily orders...
RIL offers up to 40 pc stake in Reliance Retail to Amazon

RIL offers up to 40 pc stake in Reliance Retail to...

Reliance Industries Ltd (RIL) has offered up to 40 percent stake in its subsidiary Reliance Retail Ventures Ltd (RRVL) to Amazon.com Inc. for about...
Stake sale, Future's asset acquisition to boost RIL retail: Fitch

Stake sale, Future’s asset acquisition to boost RIL retail: Fitch

Reliance Industries' plan to sell a stake in its retail subsidiary at an equity valuation of Rs 4.21 trillion and its proposed acquisition of...
Walmart tests drone delivery amid competition with Amazon

Walmart tests drone delivery amid competition with Amazon

Retail giant Walmart has started testing drone delivery of grocery and household essential items in a bid to take on e-commerce giant Amazon.Walmart said...
Silver Lake picks 1.75 pc stake in Reliance Retail for Rs 7,500 cr

Silver Lake picks 1.75 pc stake in Reliance Retail for Rs...

Reliance Industries Limited (RIL) on Wednesday announced that Silver Lake will invest Rs 7,500 crore into its subsidiary Reliance Retail Ventures Limited (RRVL).The investment...