User: rohan Topic: Foreign Direct Investment in Retail
Category: Small Retailers
Last updated: Nov 15 2017 16:44 IST RSS 2.0
 
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Reliance Jio aims for e-commerce pie with FMCG tie-ups 15.11.2017 News
Will utilise it's wide user base to tie-up with local kirana stores
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DeMo@Ground Zero: 'No savings, no profits, only losses' 15.11.2017 Rediff: Business
'After household expenses, we are left with nothing...'
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Restaurateurs, exporters hopeful ahead of GST Council meeting 10.11.2017 Sify Finance
[India], Nov 10 (ANI): With the 23rd meeting of the Goods and Services Tax (GST) on the cards, exporters, small traders and those in the restaurant business are hoping for a much-needed relief to
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Restaurateurs, exporters hopeful ahead of GST Council meeting 10.11.2017 New Kerala: Business India
Restaurateurs, exporters hopeful ahead of GST Council meeting
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GST Council may cut rates today: Restaurants, traders keep fingers crossed 10.11.2017 All Economy & Policy Stories
Council expected to cut rates on A/C restaurants from 18% to 12%, deal with the issue of benami properties.
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A year of note ban: Despite widening losses, small retailers still back BJP 10.11.2017 News
All shopkeepers involved in the exercise said fewer customers wanted to pay through cashless modes, so fewer shopkeepers have invested in non-cash payment infrastructure such as card swipe machines
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Alibaba's retail experiment this Singles' Day 9.11.2017 Business Standard: News Now
It has enlisted 600,000 outlets to hawk goods and get parcels shipped in China
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Shopkeepers may sell tobacco products over eatables due to high margins 8.11.2017 Business Standard: Economy & Policy
Following the union health ministry's advisory to states to restrain small shops to stop sell any eatables in case they are selling tobacco products, shopkeepers are expected to choose to sell tobacco products over eatables due to high margins. In turn, this could lead to total realignment of entire supply chain of fast moving consumer goods (FMCG) products routed through roadside shops, impacting sales.Industry officials are of the view that, once laws based on the advisory are enacted and such shops, which make up for 25 per cent of the 10 million strong retail outlets in the country, gets registered with the authorities, they will continue to stick to selling tobacco and related products at the cost of doing away with the food and consumable items."Margins (profit) from cigarettes and other tobacco products are much higher than other FMCG products and thus, I think these retailers will stick to the tobacco trade. In turn, it'll lead to the entire foods portfolio shift towards ...
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Taking small-scale businesses along on the cashless journey 8.11.2017 Hindu: Home
An increase in access to digital payment options, better telecommunications infrastructure to enable customers to have a “reliable” Internet connection on their smartphones, and large-scale deployment...
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63% rural retailers intend to go cashless 7.11.2017 deccanherald.com
With an increase in the penetration of mobile phones and internet connectivity, coupled with demonetisation, a whopping 63% of rural retailers intend to go cashless in future. "This is on par with urban retailers (62%)," said Krishnan Dharmarajan, Executive Director of Centre for Digital Financial Inclusion (CDFI). CDFI at the Institute for Financial Management and Research, in collaboration with researchers at Digital Innovation Lab, IIM Bangalore, has released a report Going Cashless?, covering perceptions, usage and behaviour toward digital payments in India: pre and post demonetisation, and the study reports that in rural areas, people are willing to use mobile payments and their perceptions have changed as much as in urban areas. There are more than 1.2 crore unorganised retail stores in India, and 94% of the consumers fulfill their daily needs from the unorganised kirana stores. "There is a huge opportunity in the rural sector which is untapped. Only 9% of small retailers have access to loans, ...
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Walmart opens first 'dark store' in India to speed up retail operations 2.11.2017 Business Standard: News Now
The company will now start an online platform without a physical store
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News digest: GST composition scheme, Corporate India's profit, and more 30.10.2017 Business Standard: News Now
From Jio moves from mobile to fixed broadband and TV space to FinMin seeks to get more oversight on PSBs, BS brings you up to speed with latest news
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Service that doesn’t tax you 10.10.2017 HBL: Industry & Economy
Solutions providers have designed software programmes to help businesses comply with GST
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75 shopkeepers clock over 1 crore each during 'Mera Cashback Sale' on Paytm Mall 9.10.2017 New Kerala: Business India
New Delhi , Oct. 9 : Paytm Mall, owned by Paytm Ecommerce Pvt. Ltd., has announced that more than 75 shopkeepers across ten cities have clocked over one crore each in sales during its 'Mera Cashback Sale'. The e-commerce giant expects its 30,000 retail community partners to clock five times upward sale during the ongoing festive sale.
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Shoppers Stop, Future shares rise on deal 6.10.2017 Hindu: Home
‘Hypercity to spur Future’s expansion’
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Cash in on the web 2.10.2017 Hindu: Technology
Homepreneurs take to e-commerce with an online store set up within minutes using just a mobile phone
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Walmart India plans to launch Cash and Carry business in Mumbai 29.9.2017 Business Standard: News Now
Walmart India would be setting up various touch-points across the city for members to get a virtual store walk
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Paytm Mall launches 'Lucky Lifafa' offer, up to 100% cashback on deals 20.9.2017 Business Standard: Companies & Industry
The company has earmarked Rs 501 crore in assured cashback during this sale
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Discounts are passe; cashback is king at Paytm Mall's 'Mera Cashback Sale' 20.9.2017 New Kerala: Business India
New Delhi , Sep 20 : Cashback is the buzzword during the Paytm Mall Mera Cashback Sale on Paytm Mall, owned by Paytm Ecommerce Pvt. Ltd.
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Kirana stores have one thing Bodegas can't stock: the human touch 19.9.2017 Hindu: Home
The 'shop around the corner', the neighbourhood provision store, remains a thriving market all over India even today, as e-grocery stores and tech-driven retail start-ups mushroom across the globe.
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