Retail

Retail – Latest news, funding & startup financials, governments policies, sector landscape of Retail in India

New Amazon India Flag Controversy
News

Amazon Boycott Trending On Twitter Over Products Depicting Indian Flag...

In 2017, the ecommerce giant faced similar criticism after a doormat bearing the imprint...
24th January, 2022
Amazon Asks Future Group To Open Books For Samara Capital; Directors Refuse
News

Amazon Asks Future Group To Open Books For Samara Capital; Directors R...

After Future Retail’s independent directors (IDs) reportedly agreed to accept Amazon’s offer…
24th January, 2022
Future Retail Independent Directors Seek Amazon’s Help For INR 3500 Cr Loan Repayment
News

Future Retail Independent Directors Seek Amazon’s Help For INR 3500 Cr...

The independent directors of Kishore Biyani-led Future Retail…
22nd January, 2022
Reliance Signs Non-Binding Term Sheet With Disney For Merger Of India Business
News

India’s Largest Retailer Reliance Wants Govt To Tighten Ecommerce Mark...

Mukesh Ambani-led Reliance Retail, which is one of…
22nd January, 2022
Aaditya Thackeray Bats For Tesla, Urges Centre To Lower Import Duty On EVs
News

Aaditya Thackeray Bats For Tesla, Urges Centre To Lower Import Duty On...

The war of words over lowering of import…
20th January, 2022
Aditya Birla Fashion Retail Ltd. (ABFRL) has suffered a major data breach on its portal. A hacker group by the name of ShinyHunters has allegedly made ABFRL’s 700 GB of customer data public, including 5.4 Mn emails and phone numbers. ABFRL is one of the leading fashion conglomerates in the country with a presence in over 3k stores and 26k multi-brand outlets. Some of its leading retail formats include Pantaloons and Jaypore.com. Besides, it retails brands including Louis Philippe, Van Heusen, Allen Solly and Peter England.
News

Data Of 5.4 Mn Aditya Birla Fashion Retail Users Allegedly Leaked Onli...

Aditya Birla Fashion Retail Ltd. (ABFRL) has suffered…
17th January, 2022
Indian Ministers Invite Musk To Their States Summary Elon Musk had tweeted citing ‘challenges with the government’ as a reason for delays to Tesla’s India plans State cabinet ministers from Telangana, West Bengal, Maharashtra, and Punjab tweeted asking Musk to bring Tesla to their states Maharashtra, Tamil Nadu, Andhra Pradesh, Haryana, Gujarat and Karnataka are the current top destinations for automobile manufacturers, according to Invest India Elon Musk’s recent tweet saying challenges with the government are stopping the launch of electric car marque in India received a few responses from ministers of Indian states. Ministers from Telangana, Punjab, West Bengal, and Maharashtra have invited the Tesla founder to set up a plant in their states.
News

After KTR, Indian Ministers Line Up To Woo Elon Musk To Set Up Tesla I...

Elon Musk’s recent tweet saying challenges with the…
17th January, 2022
The Confederation of All India Traders (CAIT) has filed a petition with the Competition Commission of India (CCI) to block Amazon’s acquisition of Cloudtail, one of the largest sellers on the platform. “Essentially, Amazon holds a 24% stake in Prione as of today. However, by acquiring the shares of Hober Mallow, Amazon and its affiliated entities would have a 100% stake in Prione,” says the petition filed by CAIT.
News

CAIT Files Petition With CCI Against Amazon Acquisition Of Cloudtail

The Confederation of All India Traders (CAIT) has…
15th January, 2022
Amazon will counter Future Group’s assertion that it can only choose Reliance Industries (RIL) as an acquirer instead of the American giant due to the extant foreign investment regulations in the country, according to media reports.  According to anonymous sources who spoke to Mint, Amazon plans to show that the Reliance-Future deal already involves foreign money because overseas investors hold a substantial stake in RIL. 
News

Foreign Funding Make Reliance As Foreign—Amazon To Counter Future’s FD...

Amazon will counter Future Group’s assertion that it…
15th January, 2022
iPhone Maker Foxconn To Reopen Tamil Nadu Factory This Week
News

iPhone Maker Foxconn To Reopen Tamil Nadu Factory This Week

Electronics manufacturer Hon Hai Technology Group, known as…
10th January, 2022
Amazon Vs Future: Amazon Files Fresh Appeal Against CCI’s Suspension Decisions
News

Amazon Vs Future: Amazon Files Fresh Appeal Against CCI’s Suspension D...

In a fresh development to the ongoing Amazon-Future…
10th January, 2022
Bengaluru-rooted Algonomy will be acquiring Sri Lanka-based AI-powered demand planning and forecasting products startup Linear Squared.
News

Bengaluru-Based Algonomy To Acquire Sri Lanka’s Linear Squared

Bengaluru-rooted Algonomy, a startup that offers algorithmic decisioning…
6th January, 2022
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