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Credit card spending hits record high at Rs 1.4 lakh crore in May; cards in use at 87.4 million

Similarly, the number of cards in use has also jumped by more than 5 million since January and crossed 87.4 million in the reporting month, making this also an all-time high in May, according to the RBI data Mumbai: Credit...

Amazon Web Services to invest $12.7 billion into cloud infrastructure in India

The planned investment in data centre infrastructure in India will support an estimated average of 1,31,700 full-time equivalent (FTE) jobs in Indian businesses each year New Delhi: Cloud computing platform Amazon Web Services (AWS) plans to invest $12.7 billion (Rs 1,05,600...

IRF 2016 Rising Star Challenge: Battle of retail's smartest prodigies

Four top B-Schools from India have been shortlisted as the finalists for the India Retail Forum (IRF) Rising Star Challenge 2016 to be held on September 22, 2016 at India Retail Forum (IRF) 2016 in Mumbai. The finalists include...

Freecharge partners with Axis Bank, launches UPI payment

Digital payment platform FreeCharge in partnership with Axis Bank has launched Unified Payments Interface(UPI) that allows instant transactions from a smartphone using a virtual payment address (VPA). Customers will be able to create a virtual address on the Freecharge Android...

Snapdeal's Capital Assist Program to be managed by Freecharge

Snapdeal's merchant lending program Capital Assist will now be managed by Freecharge. According to a PTI report: Under the new arrangement, sellers on Snapdeal, Shopo and Freecharge will be able to access working capital in a time efficient and cost...

Surpluss.in ties up with ONEMi to offer easy EMI options to consumers ahead of festive season

Refurbished goods etailer Surpluss.in has entered into a partnership with ONEMi to offer equated monthly installment payment options to customers. "As we approach the festive season, we believe this initiative will empower our customers to buy products of their choice...

Oberoi Mall initiates 50-50 sale for a day

Oberoi Mall, one of Mumbai’s leading retail malls, is back with its “50-50 mega sale” with more than 50 leading brands offering flat 50% discount only for ONE DAY. Come Wednesday, January 14, the much awaited sale will have the most...

CART for aspiring retailers

Retailers Association of India (RAI) has tied up with 15 business schools in the country to introduce Post-Graduate Programme in Retail Management (PGPRM). The candidates aspiring entry into this programme will appear for the Common Admission Retail Test (CART). The...
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Indian consumers compelling national brands to reposition themselves

The 16th edition of the two-day India Food Forum powered by Smart Bazaar deliberates the consumer challenges on Day...
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