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China COVID crisis: Worried over supply chain disruptions, consumer durable makers stocking up on inventories

Due to the increasing COVID cases in China, consumer durable makers are stocking up on raw materials to deal with contingenciesNew Delhi: Worried over soaring COVID-19 cases in China, consumer durable makers are stocking up on raw materials to deal...

E-commerce firms bypassing foreign investment norms: Reliance to Govt

Billionaire Mukesh Ambani's Reliance Retail on Thursday told the government that complex legal structures have been used by some firms to bypass the country's e-commerce rules which from the very beginning do not allow foreign capital in the inventory-based model. At...

Flipkart to focus on grocery & fashion biz, scaling loyalty program

Walmart-owned Flipkart on Thursday said it is working on scaling its loyalty programme, grocery and fashion business while continuing to invest in technology and infrastructure this year as it looks to strengthen its position in the burgeoning Indian e-commerce market. The company, which...

Retailers, e-commerce platforms should get similar deal in festive time: Trade Body

Mobile phone retailers have urged handset companies to allow them a level playing field by offering the same deal which e-commerce majors like Amazon and Flipkart get during the coming festive season, an official said on Wednesday. According to a...
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Toys“R”Us to open up to 50 stores in India in 3 years: Nitin Chhabra, Ace Turtle

The company plans to open 12 Toys“R”Us stores in 2024 and 100 in five years, as per Nitin Chhabra...
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