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Everstone to acquire Kenstar from Videocon

Everstone Group, an Indian and Southeast Asian focussed private equity firm, said it will acquire the Kenstar home appliances brand and business from the Videocon Group’s Dhoot family. “The proposed sale, subject to statutory approvals and specific clearances, includes the...

Budget 2017: FMCG players expect the Govt to enhance rural spending, rip taxes

Government's move to enhance rural spending through welfare schemes like MGNREGA and reduction in tax rate on basic income slab would help drive demand for products, say leading FMCG firms. PTI quoted Managing Director, Godrej Consumer Products Ltd (GCPL), Vivek...

Videocon eyes 30 pc sales growth this Diwali

Betting big on an offer which allows customers to take home its products at zero down payment and no EMIs in 2016, consumer durables major Videocon said that it is eyeing at a 30 percent sales growth this Diwali. "We...

FDI Logjam: What’s in Store?

The retail industry was ecstatic when the government announced liberalization of the fdi regime in november. However, things quickly ground to a halt in the teeth of opposition from political parties and interest groups. The FDI decision is in...
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Which technologies will fuel the next wave of growth in retail?

AI, IoT, Robotics, AR, VR, and Computer vision sensor fusion to play a key role as per a report...
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