The Rs 4 lakh crore FMCG sector will close fiscal 2020 with a 9 percent growth, down 4 percentage points and a jump in rural buying will lift the same to 11 percent in fiscal 2021, a report said...
India’s enchantment with foreign brands is no secret but the wheel has now turned to a full circle. Today, it’s the foreign brands that are chasing the Indian consumers. India is poised to become the third largest consumer economy...
The whopping US $16-billion mega deal by global retail giant Walmart with the country's leading e-tailer Flipkart for majority stake makes India an attractive destination for global majors in the digital space, industry experts said on Wednesday.
Kishore Biyani, CEO,...
Operating profit margins of home textiles exporters is seen falling 300 basis points (bps) from this fiscal following pressure on export realisations stemming from a shift in the dynamics of US retail, and a reduction in incentives after the...
Rating agency CRISIL expects the market share of organised retail in India to rise to 10 per cent by the financial year 2020, compared with 7 per cent last fiscal.
This will be supported by the Government’s decision to permit...
Organised jewellery retails will get a boost in the Goods and Services Tax (GST) regime as business is likely to be weaned away from unorganised players, who account for three-fourths of the industry's annual revenue, a CRISIL report said.
The...
Traders from across the country have not welcomed the Government's decision to allow 100 per cent FDI in B2C online market and have decided to stage a protest against it. Around 10,000 trade organisations from across the country are...
Accumulated losses of food retailers are estimated to have crossed Rs 13,000 crore in the last fiscal, as revealed in an analysis by CRISIL Ratings conducted for the top 10 food retailers (in gestation phase). They accounted for 40...
Accumulated losses of food retailers are estimated to have crossed Rs 13,000 crore in the last fiscal, as revealed in an analysis by CRISIL Ratings conducted for the top 10 food retailers (in gestation phase). They accounted for 40...
DLF Emporio Limited, a subsidiary of DLF Limited, has raised Rs 525 crore from issuance of India’s first Commercial Mortgage Backed Security (CMBS). The funds were raised at a coupon rate of 10.90 percent p.a. and carry a Legal...