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Shopping centres incur Rs.3,000 crore loss in second wave

New Delhi, May 28 -- Malls and shopping centres in India have lost Rs.3,000 crore during the regional lockdowns triggered by the second wave of covid-19 infections since late March-early April, accord... Read More


Swanrose Inc eyes $1 billion in turnover from health, hygiene products

NEW DELHI, May 28 -- Swanrose Inc that has recently launched sanitizers under the Just Human brand is eyeing a turnover of $1 billion over the next four to five years as the company expands to other h... Read More


Indian eateries operating at 30% of pre-covid level

NEW DELHI, May 28 -- India's restaurant industry is staring at significant losses as localized lockdowns to contain the second wave of covid-19 have crippled business. Restaurant owners said they were... Read More


Liquor sales down 12% in FY21: CIABC

New Delhi, May 27 -- India's strict lockdown in the last fiscal led to a 12% dip in sales of Indian made foreign liquor (IMFL), industry body Confederation of Indian Alcoholic Beverage Companies (CIAB... Read More


Condom sales drop in FY21 as lockdown restricts socializing

New Delhi, May 27 -- Condom sales in the country dipped 48% over the three-month lockdown period in 2020 with a projected full-year decline of 35% in sales for the last fiscal, according to a report b... Read More


Retail association seeks concessions to tide over ongoing covid-19 surge

New Delhi, May 27 -- Retailers Association of India (RAI) on Thursday sought several concessions such as extension on existing permits and licences of retail establishments and shopping centres, waive... Read More


BigBasket and iD Fresh Food partner to launch 'iD Fresho'

New Delhi, May 27 -- Packaged foods company iD Fresh Food and online grocery retailer BigBasket have launched a co-branded label, 'iD Fresho', which will sell iD's idly-dosa batter and ready-to-cook p... Read More


Retail sales down 49% in April: Report

New Delhi, May 26 -- The second wave of covid-19 in India and subsequent restrictions imposed by several states have hurt retailers of apparel, footwear, personal care goods, electronics, and quick-se... Read More


Indian consumers buy essentials offline, discretionary goods online: YouGov

NEW DELHI, May 25 -- Shoppers in India bought more essentials offline while making more discretionary purchases online over the last three months, according to findings of a survey carried out by rese... Read More


Nestle India to setup oxygen plants in hospitals close to its factories

NEW DELHI, May 24 -- Packaged consumer goods company Nestle India is in the process of setting up oxygen plants in five hospitals close to its factories in Punjab, Himachal Pradesh, Uttarakhand, Karna... Read More