User: rohan Topic: Foreign Direct Investment in Retail
Category: Small Retailers
Last updated: Jan 31 2019 16:25 IST RSS 2.0
 
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As Mukesh Ambani expands e-commerce plans, Walmart and Amazon should sit up and take notice 31.1.2019 Scroll.in
The retail giants don’t know India as well as the home-grown businessman does.
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Retail and Banking goes next version, dials Kirana and ration shops for last-mile 23.1.2019 Sify Finance
Hail the Kirana store, a ration shop that offers everything right from Yes bank's basic banking services to Myntra's fashion and accessories. Here's how banks and e-commerce behemoths seem to be overjoyed at an integration with Kirana stores.
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Traders resent RIL bid to enter e-commerce 21.1.2019 Financial Chronicle
Chennai Traders, who have been critical of the operations of FDI-funded multi-national e-commerce biggies, are not happy about the entry of Reliance Industries either. They want rules to be applicable alike for both multinationals and domestic players. However, the industry reckons that it would be tougher to get the new norms eased for multinational players, with Reliance announcing its foray into the e-commerce sector. The current regulations and norms in the e-commerce space are mostly meant for the FDI-funded entities. These may not be applicable for Reliance, as it does not need FDI to fund its e-commerce venture. “Whosoever launches an e-commerce portal, it should be based on fair fundamentals and not on malpractices, which includes predatory pricing, deep discounting, loss funding or exclusivity. We have seen in the past that big corporate houses are more interested in generating profits rather than serving as a strong conduit of supply chain,” said the Confederation of All-India Traders ...
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How do those biscuits reach your neighborhood kirana store? 22.10.2018 Citizen Matters
Exploring the intricate distribution system in cities that ensures food, household and consumer products, from biscuits to colas reach the thousands of super markets and stores across the city.
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Today is the Bharat Bandh of Traders 28.9.2018 Central Chronicle
Medical shops will also remain closed Chronicle Reporter, Bhopal, There will be a Bharat Bandh today against the policies of BJP’s central government. This will be the third time in the month of September that there is a Bharat Bandh. After upper caste (Savarn) it was Congress and now the big association of traders that is […]
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Post CCI consent, Walmart shows confidence in the Indian market 9.8.2018 Sify Finance
[India], Aug 9 (ANI): Hailing the approval by the Competition Commission of India (CCI) in the proposed acquisition of e-commerce major Flipkart, American multinational retail corporation Walmart,
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DNA MONEY EDIT: E-retailers on regulatory radar 3.8.2018 DNA: Bangalore
DNA MONEY EDIT: E-retailers on regulatory radar
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Need for Balance Between Interests of Small Traders and Organized Retail: Suresh Prabhu 25.7.2018 Govt of india: PIB
Minister of Commerce and Industry speaking at National Conclave of Traders in New Delhi Union Minister of Commerce & Industry and Civil Aviation, Suresh Prabhu has said that Central government is considering formulation of a Retail Policy for the balanced growth of trade in the country.
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PriceMap Bridges 'Digital Divide' in retail sector, infuses new life into Brick and Mortar retail 9.7.2018 Sify Finance
[India], July 09 (NewsVoir): Brick and Mortar retail is one of the biggest contributors to India's GDP as it comprises nearly 92 percent of total retail trade in the country which is worth $660
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Maharashtra plastic ban brings bagful of woes for trade 25.6.2018 DNA: Opinion
On Day 2 of the plastic ban in Maharashtra on Saturday, retailers, restaurant owners and many businesses said confusion over which items were banned and lack of alternatives to plastic for packing impacted sales volumes and turnover. They termed the ban unilateral. Under the ban, violators can be penalised Rs 5,000 for the first offence, which may rise to Rs 25,000 and three months in jail. Viren Shah, president of Federation of Retail Traders Welfare Association (FRTWA), said around 3 lakh kirana stores in Maharashtra, including 75,000 in Mumbai, would lose business due to lack of alternatives for packaging, especially during monsoon. The fear of fines prompted over 2,000 kirana shops in the state and 700 in Mumbai to stay shut. Shah said farsan, dry fruits and snack shops faced a 25 per cent loss in turnover and sales of juice, milk and curd had fallen. "There is a lot of fear among shopkeepers due to lack of clarity," he noted, pointing to how a pani puri seller in a Central Mumbai mall was fined for ...
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Pune traders threaten strike from today 25.6.2018 Hindu: Home
Say civic body action ‘coercive’, no alternatives available
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World bank backed Aadhar Housing Finance expects loan portfolio to grow by... 24.6.2018 DNA: Bangalore
World bank backed Aadhar Housing Finance expects loan portfolio to grow by...
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Power to empower - leading B2B2C digital fintech portal 13.6.2018 Sify Finance
[India], June 13 (ANI-BusinessWireIndia): Multilink is a retail tech platform focused on empowering the unorganised retailers of India. Today we have more than 60,000 mom and pop stores spread
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Roadblocks that could derail the Walmart, Flipkart deal 12.6.2018 Rediff: Business
'If Walmart is a physical retailer, why is it striking a deal with Flipkart for the online space?'
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Kirana stores and the power of big data 11.6.2018 Rediff: Business
Big retailers are openly talking of plans to harness the power of big data, even reporting those in annual reports as part of a long-term strategy.
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Walmart-Flipkart: CCI may suggest changes 10.6.2018 Hindu: Fitness
To address competition concerns
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Competition Commission may suggest structural changes in Walmart-Flipkart deal 10.6.2018 Hindu: Home
The CCI might also take cues from a ruling in South Africa with respect to Walmart-Massmart deal, which was announced in 2010.
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How to use consumer laws against shops selling goods above MRP 8.6.2018 Citizen Matters
Nobody can sell anything above Maximum Retail Price (MRP). If they do, they can be sued. Many cases of people who won the MRP battle, explained here. »
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'Walmart will dump all the kachra in India' 7.6.2018 Rediff: Business
'Walmart will source globally and more from China and will dump these cheap goods in India, making our country a dumping yard.'
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India's biggest competitors to Walmart and Amazon? Mom and Pop 30.5.2018 Business Standard: Today
As Walmart and Amazon sink billions into e-commerce in India, they might be overlooking a tough rival on every corner
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