Sunday, June 28, 2020

9:55 PM

5 facts about PV Narasimha Rao, the man who liberated Indian economy

From boosting Indian Army to ending License Raj: 5 facts about PV Narasimha Rao, the man who liberated Indian economyDid you know Rao was also referred to as 'Chanakya' for his ability...
9:47 PM

The Chinese government has acknowledged the deaths of only a few officers so far.

China still silent on Galwan casualties; failing to silence kin of slain soldiers: ReportDespite suffering multiple casualties in a violent faceoff with India in the Galwan Valley...
9:23 PM

Want level-playing field with offline cos: E-tailers

During a meeting convened by the department for promotion of industry and internal trade (DPIIT), e-commerce players pointed out that small players who sell on their platforms may...
9:21 PM

Chinese investments in Indian start-ups grow 12 times to USD 4.6 bn in 2019: Global Data

An analysis of the deals database of GlobalData's Disruptor Intelligence Centre showed 12 times growth of Chinese investments in Indian start-ups over the past four years from USD...
9:19 PM

Slow clearance of Chinese goods may put etailers like Amazon, Flipkart in a spot

Senior executives from ecommerce marketplaces told ET that the move to curb supplies from China will hurt local retailers, as many of these products, components or raw materials cannot...
9:18 PM

Food deliveries at quick service restaurants back at pre-covid levels

Almost all brands have restarted promotions, upfront discounts of 20-40%, or cash-back offers on deliveries, either through aggregators or exclusively on their own apps, to spur demand...
9:16 PM

Malls see 77% degrowth in first half of June; consumer sentiment low: Report

As per the survey conducted by the Retailers Association of India (RAI) with participation of more than 100 big and small retailers, it was found that lockdown relaxations did not...
9:13 PM

Amazon, Bigbasket ask sellers for ‘origin country’

Brands and merchants TOI spoke to said they have received email communications and notifications on seller apps to share relevant details on the origin of products. Platforms like...
9:09 PM

Xiaomi covers up its store branding with Make in India logo

Three senior industry executives said this comes on back of the brick-and-mortar cellphone stores, under their body All India Mobile Retailers Association (AIMRA), writing a letter...
9:06 PM

HUL to rebrand Fair & Lovely cream as criticism heaps on fairness products

The decision by Johnson & Johnson had put HUL and L’Oreal in a spot as they faced criticism over their presence in skin lightening products. The new name is awaiting regulatory...
9:05 PM

Top retail and restaurant brands in Delhi's high street locations switch to revenue share model

According to industry executives, average rentals in Khan Market till last year were Rs 7-10 lakh a month, or Rs 1,400-2,700 per sq ft, but things have changed drastically in the wake...
9:01 PM

Brands looking to shift production from China to India

Third-party manufacturers were already exploring options to reduce their dependence on imports of finished products since the Covid-19 crisis disrupted their supplies from China, but...
8:53 PM

Apps with Chinese funds face users’ ire

Users are targeting the Google Play Store ratings of apps which are backed by Chinese capital. Top Indian consumer-focused unicorns like Paytm, Ola, Zomato, MakeMyTrip and others are...
8:52 PM

HUL in a spot as J&J exits fairness line

The company, while vocal about its ‘purpose-led’ growth mission, has so far been quiet on this front. Unilever’s Fair & Lovely is the largest selling skin cream in India. The brand...
8:49 PM

Indian fashion industry on the verge of collapse

The Indian garment manufacturers have received virtually no orders from domestic fashion retailers in May and June, generally a busy time for businesses for the fall season, manufacturers...

Friday, June 26, 2020

8:55 PM

Amazon Pay now allows you to buy from local stores & pay via QR code

This initiative aims to encourage customers to visit small stores, which have seen a reduction in footfalls due to the Covid-19 pandemic.Bengaluru: Amazon Pay has launched Smart Stores,...
8:52 PM

Current crisis will expedite fashion retailer's digital transformation

For Ganguly of Puma, there is no doubt that there will be acceleration as everyone is now looking at the online opportunity. According to him, till the time offline has challenges...
8:51 PM

Technology is everywhere in the retail value chain today: Hari Vasudev, Walmart Labs

RetailTech Summit: Technology is everywhere in the retail value chain today: Hari Vasudev, Walmart LabsAccording to the top executive, in the last decade e-commerce penetration has...
8:48 PM

RetailTech Summit: Covid-19 situation will accelerate the adoption of omnichannel strategy

Big Bazaar, which was hardly into home deliveries of the food items, ramped up its deliveries from zero to 10,000 in a matter of forty days, to keep servicing the customers who were...
8:46 PM

A blanket ban on Chinese goods not in the best interest of India, calibrated, well-thought-out strategy needed: FIEO

Ever since 20 Indian soldiers died and more than 70 were injured in a clash with Chinese troops in Ladakh's Galwan area, there have been growing calls in the country to shun made-in-China...
8:45 PM

COVID-19 impact intense on MSMEs: Survey

The survey drew responses from close to 500 Indian micro, small and medium enterprises (MSMEs) in the first two weeks of June. One third of the respondents confirmed that they are...
8:44 PM

‘Origin’ debate to benefit us: eBay India

eBay India head Vidmay Naini told TOI the company has witnessed rising enquiries from SMEs and online sellers, who want to expand their businesses during the pandemic.The talks around...
8:36 PM

India plans to impose strict rules and tariffs on Chinese imports

The state-run Bureau of Indian Standards is finalizing tougher norms for at least 370 products to ensure items that can be locally produced aren’t imported, the people said, asking...
8:35 PM

Not just Corona drug, Patanjali's other projects also faced govt scrutiny

Many of the proposals made by Patanjali’s founder have been rejected by the government.New Delhi: The Ayush ministry's red flagging of Patanjali Ayurved’s drug Coronil on Tuesday is...
8:33 PM

Bigbasket hits annualised gross sale runrate of $1 billion

The Bengaluru-based company will become the second sector-focused online retailer after fashion portal Myntra, and horizontal e-tailers like Flipkart and Amazon India that sell all...
8:32 PM

HUL to rebrand Fair & Lovely cream as criticism heaps on fairness products

The decision by Johnson & Johnson had put HUL and L’Oreal in a spot as they faced criticism over their presence in skin lightening products. The new name is awaiting regulatory...
8:30 PM

Amazon, Bigbasket ask sellers for ‘origin country’

Brands and merchants TOI spoke to said they have received email communications and notifications on seller apps to share relevant details on the origin of products. Platforms like...

Tuesday, June 23, 2020

10:38 PM

Flipkart pushes electronics in first sale post lockdown

The sale will largely be led by brands looking to offload inventory, and partner banks bringing in affordability schemes.BENGALURU: Flipkart is organising its first big sale event...
10:34 PM

Consumer packaged goods companies need to reset channel strategies, says Kearney

"In the short to medium term, this will open up somewhat of a direct-to-consumer channel for CPG players," said Kearney in a whitepaper titled ' How brands can thrive in the new normal'.New...
10:30 PM

Brands looking to shift production from China to India

Third-party manufacturers were already exploring options to reduce their dependence on imports of finished products since the Covid-19 crisis disrupted their supplies from China, but...
10:19 PM

Top retail and restaurant brands in Delhi's high street locations switch to revenue share model

According to industry executives, average rentals in Khan Market till last year were Rs 7-10 lakh a month, or Rs 1,400-2,700 per sq ft, but things have changed drastically in the wake...
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