Retail Business
Retail Business News

FDI policy on e-commerce: Online firms cannot win the game by blaming govt but by finding a way around regulations
The reluctance of digital/technology companies to invest time and resources to navigate an uncertain regulatory landscape is more to be blamed than the FDI policy itself.

RIL AGM 2020: Reliance Retail at forefront of bringing about Organised Retail Revolution in India, says Mukesh Ambani
The company is also partnering with farmers, small and medium-scale manufacturers, merchants, vendors, start-ups and global companies.

Dabur India Q3 net profit rises 8.62% to Rs 398.87 cr; revenue from consumer care business segment up 7.83% to Rs 2,061.36 cr
Dabur's domestic FMCG business reported an underlying volume growth of 5.6 percent during the quarter, the company said in a statement.

Traders' body CAIT to launch nation-wide movement to protest against Amazon, Flipkart
Traders' body CAIT on Sunday said it will launch a nation-wide movement to protest against e-commerce majors Amazon and Flipkart, alleging that they are flouting FDI policy norms and destroying the country's retail business

Snapdeal adds over 60k new vendor partners in 2 years; number of products listed up by 5 cr
Snapdeal expects to have a market share of 10 percent in a few years, he said.

Reliance Industries topples IOC to become the biggest Indian company; reports Rs 6.23 lakh cr turnover in FY19
With this milestone, Reliance has achieved the numero uno position in terms of all three parameters — revenue, profit, and market capitalisation.

DBS India to hire 600-800 persons in 18 months as it goes into expansion mode; acquires domestic subsidiary licence
The DBS group has close to 1,200 persons at its Hyderabad technology centre, which was started from scratch about two-and-a-half years ago, he said.

BoB fraud: ED arrests Subhiksha group MD R Subramanian for default of Rs 77 cr
Apart from seasonal retail businesses and telecom products, the Subhiksha group is into sale of FMCG products, pharma, groceries, fruits and vegetables.

Future Group eyeing Rs 40,000 cr retail business in 2018-19 : CEO Kishore Biyani
"We are looking at retail business of Rs 40,000 crore by next year; out of which Hyderabad will contribute Rs 4,000 crore," Future Group CEO Kishore Biyani said

Watch: Reliance Industries' Q4 consol net profit up 12.3%; CFO Alok Agarwal explains company's earnings
Reliance earned $11.5 on turning every barrel of crude oil into fuel as compared to a gross refining margin of $10.8 per barrel in fourth quarter of previous 2015-16 fiscal

Reliance Retail's Q2 turnover up 31% at Rs 3,456 cr
Retail business achieved profit before depreciation, interest and taxes of Rs 165 crore in the first half of FY 2014, it added.