Ganesh Chaturthi To Generate Over Rs 30,000 Cr Business: Cait
A detailed breakdown by the industry body reveals an estimated business of Rs 12,000 crore from the Pandal setup, decoration and essentials
Consumer
Economy
Finance
News
Retail
Kirana Stores Ditch Paytm After RBI Ban, Incline Towards Other Apps
- by BW Retail World Bureau
- February 9, 2024
A recent announcement by the Reserve Bank of India (RBI) directing Paytm Payments Bank to halt services by February end, has led local Kirana store owners to start using other payment apps for business. A survey conducted by Kirana Club indicates that 69 per cent of respondents use the Paytm QR code for daily transactions […]
Brands
Companies
News
People
Jockey International Appoints Christopher Carroll Smith As Director
- by BW Retail World Bureau
- February 9, 2024
Jockey International has appointed Christopher Carroll Smith as director of the firm effective 8 February 2024, as a representative of Jockey International Inc, USA, subject to shareholder approval via postal ballot, according to a regulatory filing. Smith has been appointed as an additional director following Mark Fedyk’s resignation from the company’s board on 8 February 2024. Smith, […]
Food & Beverage.
Interviews
National
News
We Appeal For Restoration Of Input Tax Credit For GST In Restaurant Industry: Zorawar Kalra, Massive Restaurants
- by Poonam Singh
- January 20, 2024
In an interview with BW Businessworld, Zorawar Kalra of Massive Restaurants speaks about how his father, Jiggs Kalra, inspired him throughout his journey and requests the government to restore input tax credit for GST in the restaurant industry What are your expectations from this budget, considering it’s an interim budget with elections around the corner? […]
Companies
News
tech
90% Of Indian Business Leaders Bet Big On AI And Generative AI For Growth
- by BW Retail World Bureau
- January 16, 2024
The findings from the latest report suggested that about 90 per cent of the business leaders in India are planning to invest significantly in AI and generative AI. It added that Indian leaders are also interested in other investments such as 92 per cent in Cloud, 73 per cent in cybersecurity and 71 per cent […]
Companies
Government
News
Retail
Delhi Govt Allows 32 More Shops To Open For 24/7
- by BW Retail World Bureau
- January 4, 2024
Delhi Chief Minister Arvind Kejriwal on Tuesday granted permission for 32 more shops and commercial establishments to operate 24 hours, an official statement said. According to the initiative, it could provide new job opportunities for young people as well as boosting economic activity in Delhi, it said. The Delhi labour department suggested to the CM […]
Food & Beverage.
International
News
McDonald’s Malaysia Sues Israel Boycott Movement, Seeks $1.3 Mn
- by BW Retail World Bureau
- January 1, 2024
McDonald’s Malaysia has taken legal action against a movement advocating the boycott of Israel, asserting that the group’s “false and defamatory statements” have adversely impacted its business. The lawsuit, filed by Gerbang Alaf Restaurants Sdn Bhd (GAR), the licensee of McDonald’s in Malaysia, seeks damages totaling 6 million ringgit (USD 1.31 million). Malaysia, being a […]
Feature
News
Top 25 Most Read Stories In The Retail Sector In 2023
- by BW Retail World Bureau
- December 29, 2023
A look into the headlines that caught the reader’s interest most in the year gone. India’s Ecommerce Logistics Market All Set To Witness Exponential Growth India’s logistics sector has emerged as a market differentiator, with an increasing emphasis on efficiency and visibility within the supply chain. Recently, India made significant progress on the World Bank’s […]
Electronics
Government
National
News
“No Plans To Extend Ban On Electronics”: India Tells WTO
- by BW Retail World Bureau
- December 14, 2023
Indian government on Tuesday told the World Trade Organization (WTO) that it has no plans to extend the ban beyond the mentioned products in the October notification pertaining to IT hardware products such as personal computers, Tablets and laptops. The government said that industry consultations were undertaken before issuing the notification on 3 August and […]
Brands
Companies
Finance
International
News
McDonald’s To Acquire Carlyle’s Stake In China Business
- by BW Retail World Bureau
- November 21, 2023
McDonald’s said on Monday it would acquire investment firm Carlyle’s 28 per cent stake in a partnership that manages its business in mainland China, Hong Kong and Macau, as the burger chain looks to simplify its structure in the region. The deal will help McDonald’s raise its holdings to 48 per cent, while a consortium […]