The Union Budget for the fiscal year 2023-24 will be presented in Parliament on 1 February by Finance Minister Nirmala Sitharaman, and the clock has already started ticking. The retail industry has a big wish list for Budget 2023 and retailers in the country express their hopes for the industry ahead of the Budget. Electronics […]
Amazon India has reduced the referral fee for sellers by half to encourage new sellers to use e-commerce, according to a press statement issued on Tuesday. Sellers pay a referral fee to Amazon in exchange for enabling sales on the online marketplace. “As the new year begins, we are thrilled to announce a 50 per […]
Polling of Indian consumers and business leaders reveals that 83 per cent of consumers consider a company’s purpose when making a purchasing decision and that 83 per cent will abandon a product or business acting inconsistently with its purpose – a sign that consumers have lost patience with organizations that do not follow the principles […]
The Centre has directed enterprises to include all necessary notifications, including MRP, on the outer pack of commodities that comprise more than one pack, including gift and multi-piece packs. According to the Consumer Affairs Ministry, it will be needed for all retail commodity packaging having more than one pack, including gift and multi-piece packs. According […]
Union Budget 2023 is presented on 1st February, is less than 10 days away, and all the sectors, especially the consumer goods/FMCG companies, are eagerly awaiting to see the possible new initiatives that the FM will announce to boost consumption and drive growth in the sectors. Rural markets continued to pull the FMCG sector down, […]
Zomato gave clarification on stopping the 10- minute service on Friday. “Zomato stops 10-minute food delivery offering” which appeared in http://www.rediff.com on January 24, 2023. “In this regard, we would like to submit that the said news article itself clarifies Company’s stance,” the company said in its regulatory filing. “Instant (10-minute food delivery offering) is […]
Deepinder Goyal, CEO of Zomato, announced on Monday that the firm was looking to employ 800 individuals for positions such as growth managers, software development engineers, and even chiefs of staff to the CEOs of Zomato, Hyperpure, and Blinkit. “We have roughly 800 vacancies vacant across these five roles at Zomato,” Goyal said on LinkedIn. […]
Shopify Technologies Inc launched a new service on Tuesday, aimed at large retailers allowing them to choose tools and services from the Canadian tech giant and integrate them with their online platform. The company said it had signed up toymaker Mattel Inc for the product and was looking to bring on other enterprise clients like […]
Blinkit, owned by Zomato, announced on Wednesday that it has partnered with homegrown audio brand boAt to deliver headphones and other accessories to people’s doorsteps in Delhi-NCR, Mumbai, Kolkata, and Bengaluru in minutes. Blinkit co-founder and CEO Albinder Dhindsa said in a statement that boAt is extremely popular, and Blinkit is delighted to have them […]
Continuing the high pace of investment, Tata Group has already infused over Rs 5,000 crore into its e-commerce business this fiscal.
