Consumer durables
Retail
Amway enters consumer durables segment with premium cookware range launch
The largest direct marketing company Amway India on Monday announced its entry into the consumer durables space with a premium cookware range under the label of Amway Queen.
According to a PTI report, Amway India sells over 130 products across nutrition, beauty,...
Retail
Consumer Durable companies foresee growth to prove 2017 profitable
With a 'fairly profitable' year of 2016, the consumer durable industry is looking forward to maintaining the momentum by cashing in on GST, likely to be rolled out in 2017, and overcome the short-term issues thrown up by demonetisation.
According...
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Consumer durables not a luxury item; GST rate should be 18 per cent, says CEAMA
Consumer electronics manufacturers’ association has urged the government to bring refrigerators, washing machines and other electronics of daily use in the 18 per cent slab rate under the goods and services tax (GST) regime, as opposed to the 28...
Food
4 GST slabs may make oil, chicken expensive; TV, air conditioner cheaper
The recently proposed 4 slabs GST structure may hit the common man as it is likely to result in higher taxes on various items including kitchen staples such as edible oils, spices and chicken, as per a PTI report.
However,...
Retail
4 GST slabs planned, consumer durables, FMCG face 26 pc levy
The Goods and Services Tax (GST) Council, at the end of Day One of its meeting on Tuesday, decided on the issue of compensation for states, Finance Minister Arun Jaitley told reporters.
"One main issue in today's (Tuesday) agenda was...
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Among durables, Indians spent the most on vehicles : NSSO data
According to new data released by the National Sample Survey Office (NSSO), vehicles accounted for the highest share of the amount Indian households spent on consumer durables in 2014-15.
The study named, 'Key Indicators of Household Expenditure on Services and...
Retail
Intex stores strive to take retail to a whole new level
At a time when big-ticket retailers are scrambling to grab a share of the online pie, and rolling out robust Omnichannel strategies, homegrown handset maker Intex Technologies went back to the basics and decided to strengthen its distribution network with offline branded...
Food & Grocery
Godrej looks for more acquisitions in Indonesia
FMCG major Godrej Consumer Products Ltd (GCPL) is eyeing an inorgranic growth in Indonesia via acquisitions strategy. The company has also shared 'a wish list of assets' with various investment bankers for the same.
GCPL had already acquired Indonesian household product major...
Retail
Reliance Digital goes for image makeover
Reliance Digital, the consumer durables and electronics arm of Reliance Retail, has embarked on a remodelling exercise to provide customers with a well differentiated value and experience. As part of the exercise, all Reliance Digital stores, including existing and...
Retail
Tesco starts testing ‘Tesco Direct’ in small format ‘Tesco Metro’ stores
UK-based grocery retailer Tesco has installed Tesco Direct desks in 19 Tesco Metro stores. Further, the company plans to roll them out in all its stores if the project turns successful, according to company spokesperson.He further said, the company...
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In 2-3 years, you’ll see Samosa Singh outlets across the globe: Co-founder Nidhi Singh
The focus of the homegrown samosa QSR chain in the next 10-12 months is to reach the 100 store...
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