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Government to soon clear Amazon's FDI in food retail, says Badal

The Government will soon clear the US retail giant Amazon's proposed US $500 million investment in retail of food products in India, Food Processing Minister Harsimrat Kaur Badal said. "There was some delay due to abolition of FIPB. It (Amazon's...

Pune’s Retail Real Estate Sector: The Game Gets Real

While the demonetisation wave put a dampener on residential sales across India, the retail market was comparatively unaffected and showed good flexibility in terms of a steady consumer spending pattern. Pune’s retail market is receiving considerable investment attention from...

Amazon to get official nod for FDI in food retail

US retail giant Amazon's proposed US $500 million investment in retail of food products in India would soon get official nod, an official said. According to a PTI report: The proposal was pending before the Foreign Investment Promotion Board (FIPB)...

Amazon launches Alexa-enabled smartwatch in India

Delhi-based e-commerce portal Yerha.com on Friday launched a new smartwatch which is powered by Alexa, an intelligent personal assistant developed by Amazon. Priced at Rs 13,900, iMCO Watch includes alarm, alternate timezone, calendar, music Bluetooth control, notifications, step counter, heart...

The Future of Grocery: E-commerce, digital technology and changing shopping preferences

Imagine a grocery store where you can receive personal recommendations and offers the moment you step in the store, where checkout takes seconds and you can pay for groceries without ever taking out your wallet. Sound far-fetched? It’s closer...

Myntra appoints Jeyandran Venugopal CTO

Flipkart-owned online fashion retailer Myntra has named former Amazon executive Jeyandran Venugopal as its new Chief Technology Officer. Ajit Narayanan, who was appointed as the head of technology for Myntra late last year, has resigned from the company. Venugopal will...

Harsimrat Kaur Badal takes up high GST rate on pickles, papad with FM

Union Food Processing Minister Harsimrat Kaur Badal has taken up with the finance ministry the issue of high GST rate proposed on some products like pickles, murabba and papad and sought a review of the same. According to a PTI...

Amazon patents shipping label with built-in parachute for drone deliveries

On Wednesday, Amazon was granted a patent for a shipping label that includes a built-in parachute "to enable the delivery of packages by aerial vehicles (UAVs) or other aerial vehicles". The patent, as reported by GeekWire, was filed in August...

Amazon launches direct air freight service to China

Retail giant Amazon has launched direct cargo flights from the US to Zhengzhou, capital of central China's Henan Province. The planes which were carrying products, including food, clothes and household appliances ordered by Chinese buyers, flew from New York, Chicago...

Badal hints at FDI policy change on processed food

The Government's allowing 100 per cent FDI in domestic trading of food products has yielded results, Food Processing Industries Minister Harsimrat Kaur Badal has said, while hinting the Central Government is looking at permitting FDI in non-food items, along...
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Nautica India onboards Ayushmann Khurrana as brand ambassador

Khurrana will spearhead the brand's latest Spring Summer collection campaign which will be visible across regions nationally Bengaluru: E-commerce marketplace Myntra...
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