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Coronavirus Impact: India’s retail trade incurs losses worth US$ 30 billion last fortnight

Coronavirus Impact: India’s retail trade incurs losses worth US$ 30 billion...

Retailers have incurred around US$ 30 billion losses in the past 15 days due to the lockdown announced by the government to contain Covid-19...
ITC limits operations to production of essential items

ITC limits operations to production of essential items

FMCG-to-hospitality major ITC on Friday said that its factories are producing only essential items such as flour, buiscuits and sanitisers.The company, however, said that...
NRAI urges mall owner to waive rents for restaurants till June

NRAI urges mall owner to waive rents for restaurants till June

Hit by the coronavirus crisis and the nation-wide lockdown, the National Restaurant Association of India (NRAI) has urged landlords in the food and beverage...
RBI moratorium on term loan EMIs to benefit retailers, MSMEs, corporates

RBI moratorium on term loan EMIs to benefit retailers, MSMEs, corporates

In a big relief to the corporate sector the Reserve Bank of India on Friday allowed a three month moratorium on payment of instalments...
ITC sets up Rs 150 cr Covid Contingency Fund

ITC sets up Rs 150 cr Covid Contingency Fund

FMCG major, ITC has set up a Rs 150 crore Covid Contingency Fund for vulnerable sections of society who have been affected by the...
Zomato, Swiggy still there but no food to order

Zomato, Swiggy still there but no food to order

Ironic as it may sound but digital India saw its biggest challenge on Wednesday when smartphone-based leading food delivery platforms Zomato and Swiggy found...
India lockdown throws online delivery out of gear, millions cry

India lockdown throws online delivery out of gear, millions cry

In an unprecedented crisis despite Prime Minister Narendra Modi assuring the continuation of essential services like food and groceries, online marketplaces like Flipkart and...
Big Bazaar enters doorstep delivery space as biggies log out

Big Bazaar enters doorstep delivery space as biggies log out

As the online delivery space shrunk with Flipkart, Amazon, Bigbasket and Grofers suspending or curtailing operations amid the 21-day lockdown, supermarket chain Big Bazaar...
Flipkart ceases operations across supply chain amid lockdown

Flipkart ceases operations across supply chain amid lockdown

E-tailer Flipkart on Wednesday said it has temporarily suspended its operations and services - including grocery items -- as India enters a 21-day lockdown.Although...
E-grocer bigbasket buys milk delivery app DailyNinja

E-grocer bigbasket buys milk delivery app DailyNinja

E-grocer bigbasket bought online milk delivery app DailyNinja, an official said on Tuesday."We are pleased to be a part of bigbasket, this is a...