Bata India to add 150 retail, franchise stores in 2018

Jul 20 2018 | 5 hrs ago

Footwear major Bata India, which is focusing on "aggressive launch" of new products, plans to add around 100 new retail stores and 50 franchises across the country in 2018, an official said.

IOC, BPCL, Adani top bidders for city gas licences

Jul 19 2018

State-owned fuel retailers IOC and BPCL as well as billionaire Gautam Adani's group were the top bidders for gas retailing licences in the country's biggest city gas distribution (CGD) bid round.

UK second quarter retail sales growth strongest since 2004, boosted by warm weather

Jul 19 2018

British retail sales grew by the most in over a decade in the second quarter of 2018, official data showed, giving the Bank of England reassurance shoppers had shaken off a sluggish start to the year as it considers raising interest rates.

WPI inflation likely to ease to 4.1 percent in Mar 2019: Report

Jul 17 2018

Inflation based on wholesale prices, which touched a 4-yr high in June, seems to have peaked for financial year, and is expected to glide down to around 4.1% by Mar 2019, says a report.

US retail sales increase solidly in June

Jul 16 2018

U.S. retail sales rose solidly in June, boosted by increases in purchases of motor vehicles and a range of other goods, cementing expectations for robust economic growth in the second quarter.

Shoppers Stop bets on omni-channel strategy to grow business

Jul 15 2018

Brick and mortar retailer Shoppers Stop is betting big on an omni-channel retail strategy -- a combination of physical stores and online site -- to grow its business and aims to be completely debt-free by the end of this fiscal.

US-based Netgear appoints Kaira as retail distributor in India

Jul 10 2018

US-based networking leader Netgear on Tuesday announced its tie-up with Singapore-based IT product distributor Kaira for the Indian market.

India Week Ahead: Q1 Earnings, Progress on trade war, Macro economic data to guide markets

Jul 08 2018

Trade war was the buzz word last week with U.S. imposing higher tariffs on Chinese imports since Friday and the Chinese govt retaliating within hours to impose higher tariffs on goods imported from America.

MSP hike could impact retail inflation by 73 bps: SBI report

Jul 06 2018

The hike in minimum support price (MSP) of 14 summer crops can increase retail inflation by 73 basis points, depending upon the level of procurement, an SBI report said.

UBI expects Rs 3,000 cr recovery from NCLT resolutions

Jul 06 2018

United Bank of India is expecting to recover around Rs 3,000 crore out of a total of Rs 5,951 crore, by way of resolutions through the National Company Law Tribunal (NCLT), the public sector lender’s MD and CEO Pawan Bajaj said.

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