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COVID-19

Lockdown: Fashion retailers seek govt support as many stare at insolvency; millions of jobs at risk

Fashion retailers on Monday sought government support to ease fund flow and to compensate for essential expenses like vendor payments, rents and salaries, saying many players stare at insolvency and recovery from COVID-19 will be a long and arduous...

NIVEA India to utilize its India factory for producing hand sanitizers in fight against COVID-19

In an effort to help combat the shortage of hand sanitizers during Covid-19, India’s leading and one of the most trusted skincare brands, NIVEA India in collaboration with its key partners has announced the production and donation of hand...

COVID-19 Impact: PE inflows by US-based firms in India to decline in 2020

With US becoming the new epicentre of COVID-19 and thus witnessing one of its worst economic blows, the economic repercussions may soon hit India, as well. As things stand now, US private equity funds which have been substantially active...

EsselWorld suggests self care and self entertaining options for consumers

India’s first amusement park, EsselWorld has entertained more than 40 million visitors for the past three decades. However, since the COVID-19 outbreak happened in India, EsselWorld has shut its operations until April 15, 2020 keeping in mind the health...

ShopClues introduces contactless delivery of essentials

Doing its bit to curb the spread of the novel coronavirus through people-to-people contact, e-commerce firm ShopClues has canceled its cash-on-delivery mode of payment for all essential items, urging customers to pay online for their purchases. On its part, ShopClues...

Walmart takes necessary steps to ensure health and safety of associates

As Walmart and country continue to deal with the spread of COVID-19, the brand remains focused on the health and safety of the associates. “We continue to follow and communicate the CDC’s recommended guidance on behaviors like washing hands, social...

adidas apologises after backlash over refusing to pay rent amid coronavirus scare

German sportsgear maker adidas on Wednesday said it had made ‘a mistake’ when it decided not to pay rent on its shuttered shops in April, after the move sparked a widespread outcry. adidas was one of a string of...

COVID-19: Retail sales recovery period for India might kick-start from May, says report

The short-term impact of the coronavirus pandemic on retailers in the country will be severe, but retail sales recovery period for India is expected to kick-start from the first week of May subject to the lockdown not being extended...

Snapdeal resumes its services in 96 cities for essential goods

Snapdeal has resumed operations in 96 cities covering more than 15,000 pin codes. Other than metro cities, the list also covers smaller cities like Agra, Bhopal, Dehradun, Jalandhar, Kanpur, Lucknow, Jaipur, Kota, Nashik, Patna, Raipur, Surat etc. The current operations cover...

Domino's Pizza, ITC Foods partner to deliver essential items

Domino's Pizza said on Thursday it is partnering with ITC Foods to help customers order everyday grocery essentials as coronavirus cases continue to climb despite the countrywide lockdown. "The partnership between a quick service restaurant (QSR) and a fast moving...
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India leads in GenAI adoption, investment trends likely to rise in coming years: Report

The study also predicted promising investment trends shortly, with about 94% of respondents anticipating increased investments and budget allocations...
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