Growing number of NRIs are seeking companies in the home aggregator and rental space to manage their properties in India.
Source: NRIs turn to startup expertise for better returns on homes – The Economic Times
Chennai Metro Rail plans to have two small shopping malls soon — one at Arumbakkam station and the other at Ekkatuthangal station — as part of its property development initiative aimed at stepping up
Source: Mini shopping malls at Metro stations soon – The Hindu
Levi Strauss & Co, the maker of the popular Levis denim jeans, has sought the governments permission for converting its existing local wholesale entities into retail.
Source: Levi Strauss seeks nod for direct retail – The Economic Times
ITC has started rolling out a new variant of its best-selling brand Classic with the tag Low Smell attached to it
Source: ITC launches ‘low smell’ cigarettes – Livemint
Online food ordering and delivery platform Swiggy has inked a pact with Australian premium cafe chain Di Bella Coffee to deliver its coffee blends in Mumbai. “We are excited to associate with a global premium cafe chain like Di Bella Coffee… This
Source: Di Bella Coffee partners Swiggy for home delivery | Business Standard News
Despite recent government clarifications on foreign direct investment (FDI) in e-commerce and the definition of a marketplace model, online companies continue to flout rules, organised retailers have said.
Source: Brick and mortar firms unite to oppose violation of FDI rules by e-tailers | business | Hindustan Times
After getting a stay from the Uttarakhand High Court over the issue of entry tax, Flipkart has sued the government of West Bengal over a similar issue.
Source: Interim relief for Flipkart: Calcutta HC stays entry tax on West Bengal e-shipments – The Economic Times
According to the Retailers Association of India (RAI), the cashback or money back guarantee offered by an e-commerce marketplace should be considered tantamount to influencing the selling price.
Source: Online marketplaces’ cashback offers distort level-playing field, says retail association | Latest News & Updates at Daily News & Analysis