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Amazon gets Govt nod for FDI in food retail in India

The Government has approved American e-commerce major Amazon's proposed US $500 million investment in retailing of food products in India, an official said. According to a PTI report: The proposal was pending before the Foreign Investment Promotion Board (FIPB) which...

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...

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)...

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...

Big Basket to collaborate with organic farmers federation to supply organic produce

Karnataka Agriculture Minister Krishna Byre Gowda on Thursday said Big Basket, an online grocery store, had expressed interest in collaborating with 2 organic farmers' federations to supply and procure organic produce. According to a PTI report: The proposal is to...

The 9 Must-Dos: How private labels can stay relevant to consumers and retailers

In today’s dynamic world where consumers seem to be shaping choices, private labels have comfortably entrenched themselves in shoppers' hearts. The advent of online retail has also spurred this popularity. Today, we see more and more e-commerce players in categories...

How private labels have grown to become individual entities of their own

When retail started its ascent in India, consumers were thrilled by the advent of brands they had only seen or read about. Some of these, however, were priced beyond the reach of the average wallet. To offer consumers a...

Amazon to invest over US $500 million in e-retail food in India: Harsimrat Kaur Badal

The US-based retail giant Amazon has proposed to invest about US $500 million for e-retail of food products in India, Food Processing Minister Harsimrat Kaur Badal said. According to a PTI report: Besides Amazon, she said Grofers and Big Basket...

urDoorstep will quadruple revenue in next 6 months: Dinesh Malpani

At a time when many e-grocery players in India have not seen any sign of revival one grocery e-tailer is confident of turning EBITDA profitable in just 18 months of existence. Bengaluru-based online hypermarket, urDoorstep, is aiming to quadruple its revenue in...

Demonetization: Online shopping surges; Paytm, CoD via bank cards preferred payment methods

On November 8, Prime Minister Narendra Modi announced the replacement of 86 per cent of India’s cash by announcing demonetization Rs 500 and Rs 1,000 notes as a part of legal tender in India in a bid to cut corruption, counterfeit...
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Traditional sweets records 55% surge in pre-festive sales: Report

Western desserts make up only 25% of sales, with ice creams and chocolates representing the remaining 20%Bengaluru: Traditional Indian...
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