After being under lock and key for most part of 2020, Hyderabad’s high street retail sector is once again witnessing hectic activity this year. According to rough market estimates, the city is eyeing around 1.3 million square feet (sft) of demand in this sector — set to come up in areas such as Banjara Hills, Jubilee Hills, A S...
Amazon, which owns a 49 per cent stake in Future Coupons a Future Group holding company, has objected to the deal and approached the arbitration court in Singapore, which said it should be suspended pending a final decision. Since the past few months, the transaction is under dispute in the Delhi High Court and the...
The rapid spread of Covid-19 finally forced the Uddhav Thackeray government to announce lockdown-like restrictions across the state from 8pm on Monday. On weekends, a complete lockdown will be imposed. TO READ MORE: https://retail.economictimes.indiatimes.com/news/industry/maharashtra-malls-restaurants-and-theatres-to-shut-till-april-30-full-lockdown-on-weekends/81905628
“RUNWAY TO SKILLED INDIA” to be released by Dr. Vinay Sahasrabuddhe MP, President, Indian Council For Cultural Relations (ICCR- MEA, GoI,) in the presence of Sri Alphons Kannanthanam MP, Former Union Minister of State for Culture & Tourism at 6.00 PM on 19th February, 2021 at Bikaner House, New Delhi. Dr. Darlie O. Koshy’s new...
Amazon has approached the Supreme Court seeking to stop Future Group’s $3.4 billion retail assets sale to Reliance Industries, days after the Delhi High Court revoked a previous single judge decision that effectively blocked the deal. TO READ MORE: https://www.ndtv.com/india-news/amazon-goes-to-supreme-court-against-delhi-high-courts-interim-order-unblocking-future-group-reliance-deal-2368010
Despite a consistent 10 per cent annual growth over the past few years, India’s retail sector has not been able to achieve the same level of growth as Malaysia and Thailand. Now, the pandemic has forced around 7 lakh small retailers to permanently shut. TO READ MORE: http://www.dealersforyou.com/categories/insight/a-simple-standardized-retail-policy-to-help-accelerate-india-s-economic-growth
2020 has been a very unusual year. The COVID-19 pandemic has inflicted many losses: human, social and economic. What we are now experiencing is an unprecedented moment of crisis in modern history. However, it is during uncertain times. TO READ MORE: https://www.indiaretailing.com/2021/02/08/fashion/2021-how-fashion-retail-is-inching-towards-normalcy-a-deloitte-report//
The commerce and industry ministry is “definitely” working on a new e-commerce policy which will have various features such as those related to data and consumer rights, a senior government official said on Friday. TO READ MORE: https://retail.economictimes.indiatimes.com/news/e-commerce/e-tailing/dpiit-working-on-new-e-commerce-policy-says-government-official/80707607
Three-month lockdown from mid-March and subsequent night curfew has had a telling impact on the city’s retail business Malls in the city registered a dismal 30-60% sales compared to a year ago due to closures experienced during the Covid. TO READ MORE: https://ahmedabadmirror.indiatimes.com/ahmedabad/others/malls-took-major-hit-footfalls-still-on-mat/articleshow/80676679.cms
To help apparel sector fight pandemic blues, the Union Budget 2021 has announced various schemes. The highlights include setting up of textile parks, PLI schemes, focus on vocal for local, 5 percent customs duty on nylon and withdrawal of exemption. TO READ MORE: https://www.indianretailer.com/article/whats-hot/policy/fashion-companies-to-gain-from-union-budget-2021.a6815/
