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As China splashes out vouchers to revive retail, many just buy necessities
Instead, a big chunk of the vouchers end up spent at supermarkets on daily necessities, with little boost seen in…
NBFCs ready fireworks for big bang deals during festive season
Not just ecommerce companies, new-age non-banking financial companies (NBFCs), too, are looking to cash in on the festive season. These…
E-commerce cos will have to register in every state for collecting TCS
E-commerce operators will have to register themselves in every state where their suppliers are located for collection of TCS and foreign companies can…
White goods makers to include a lot more of India in products
This week’s increase in the customs duty on air-conditioners, washing machines, and refrigerators could boost localisation as the companies seek…
Rahul Gandhi: GST will be changed if Congress comes to power
Chitrakoot: Congress president Rahul Gandhi on Thursday said changes will be made to the Goods and Services Tax (GST) to reduce rates on items,…
Import duty hike to push up costs, hurt business: Ikea
Ikea, the world’s largest furniture retailer with 38 billion euros in annual sales, said the customs duty increases will push up…
Online festive sale to start soon-Flipkart vs Amazon
To beat Amazon’s Great Indian online festive sale, rival e-commerce major Flipkart is using the star power of Amitabh Bachchan,…
Michael Kors Holdings limited acquires Versace
Michael Kors Holdings Limited, a global fashion luxury group, announced that a definitive agreement has been signed to acquire all of…
FDI in food processing touches $1-billion mark this year: Harsimrat Kaur Badal
NEW DELHI: The foreign direct investment- FDI in food processing sector has already touched the USD 1-billion mark so far this year,…