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National retail and e-commerce policy in final stages of drafting: Som Parkash

New Delhi, Oct. 28 -- The government is in the final stages of drafting the national logistics policy, new industrial policy, e-commerce policy and national retail trade policy, Som Parkash, Minister ... Read More


Covid-19 is accelerating consumer shift towards online, say top FMCG cos

New Delhi, Oct. 28 -- The covid-19 pandemic is accelerating a consumer shift to online in a big way, the country's top consumer goods companies and retailers said on Wednesday, even though they mainta... Read More


As virus changes consumer habits, FMCG firms see e-commerce business booming

New Delhi, Oct. 28 -- Fast-moving consumer goods (FMCG) companies are seeing a surge in contribution of e-commerce to their overall sales as the pandemic has led more households to buy groceries onlin... Read More


Marico reports 8% jump in September quarter profit

New Delhi, Oct. 28 -- Marico Ltd on Wednesday reported a net profit of Rs.273 crore for the quarter ended 30 September 2020, up 7.9% from Rs.253 crore in the year ago period. The company's consolidate... Read More


Uniqlo begins online delivery in India

NEW DELHI, Oct. 27 -- Japanese apparel retailer Uniqlo on Tuesday said it will now offer home deliveries in India, a year after it opened stores here, as covid-led restrictions stoke consumer interest... Read More


Restaurants claw back up to 70% of pre-Covid sales

New delhi,, Oct. 26 -- India's restaurant chains have clawed back most of their business lost to Covid-19 since they began reopening beginning June 1, recovering up to 70% of their pre-pandemic sales.... Read More


Restaurants claw back up to 70% of pre-Covid sales

new delhi, Oct. 26 -- India's restaurant chains have clawed back most of their business lost to Covid-19 since they began reopening beginning June 1, recovering up to 70% of their pre-pandemic sales. ... Read More


Nestle boosts capex to scale up capacity

New Delhi, Oct. 24 -- Nestle India on Friday said it will invest Rs.2,600 crore over the next 3-4 years to expand its manufacturing capacities, including setting up a plant in Gujarat as demand for pa... Read More


Flipkart picks up 7.8% stake in ABFRL

NEW DELHI, Oct. 23 -- Aditya Birla Fashion and Retail Limited on Friday said it is raising Rs.1500 crore from Flipkart Group, the proceeds of which the company will use to strengthen its balance sheet... Read More


Over the hump now in India in terms of economy, market growth: Unilever

NEW DELHI, Oct. 23 -- Anglo-Dutch consumer goods company Unilever said its India business did well during the July-September quarter as pickup in economic activity after a strict lockdown helped the c... Read More