Dabur explores online sales, sees material COVID-19 impact

Dabur, one of India’s largest manufacturers of daily essentials such as toothpastes, nutraceuticals and so on, said it saw a material impact on its its finances from the ongoing COVID-19 impact, and said it was exploring online options to boost sales. “On account of Covid-19 and consequent lockdown since March, the impact on our production […]

Kerala Govt body starts online delivery of grocery

Kerala State Co-operative Consumers’ Federation Ltd, popularly known as ConsumerFed, has started online ordering of grocery kits, starting with the Ernakulam district. The government-controlled body, however, is yet to scale up deliveries, and is accepting only 100 orders per day. Moreover, orders are currently being delivered only out of the Kakkanad depot, in an around […]

Kerala High Court stays order to provide alcohol to addicts

Kerala High Court has stayed a government of Kerala order allowing the sales of alcohol to anyone who produces a doctor’s prescription for the same. A civil supplies department official had issued directions to liquor dispensing agencies instructing them to provide liquor in case a person came with a doctor’s prescription for the same. At […]

CORONAVIRUS: Kerala to allow online sales of liquor

With a 21-day lockdown on people movement coming into place overnight, the Kerala government has taken an in-principle decision to allow the sale of liquor via the Internet. A decision in this respect was taken at today’s meeting of the council of ministers headed by Chief Minister Pinarayi Vijayan, according to local media reports. Liquor […]

Blackstone invests Rs 1,750 cr into Future Lifestyle Fashions

Kishore Biyani owned Future Group announced that US-based private equity firm Blackstone will take a 6% stake in its fashion/garments unit, Future Lifestyle Fashions, by investing ₹1,750cr ($250 mln) into Ryka Commercial Ventures Pvt Ltd, the holding company of FLFL, and directly into FLFL. Blackstone joins other groups such as L Catterton, Premji Invest and […]

Dabur feels ‘sustained slowdown’, ‘liquidity crunch’ in the market

Dabur India, the country’s largest maker of fast-moving consumer goods based on traditional recipes and systems, reported a sequential slowdown in sales for the September quarter due to tight financial conditions. On a year-on-year basis, the company was still able to report a 4% growth. The Domestic FMCG business reported an underlying volume growth of […]

Reliance to offer up to 25% discount on electronics

Reliance Retail, which runs chains such as Reliance Digital and Jio Store, said it will offer 15% cashback on its full range of electronic goods as a part of its Diwali sale. Electronic accessories, such as headphones, will also get an additional discount of 10%, taking the total benefit to 25%. The offers are available […]

Amazon, Flipkart festival sales beat slowdown blues, US firm claims No.1 spot

Amazon, the US-based online retailer, released a bunch of numbers on the final day of its five-day festival sale to paint a surprisingly rosy picture of its performance during the biggest sales event of the annual online calendar. Notable among the numbers was a 15-fold jump in the sales of smartphones during the sale period, […]

Amazon slowed investment into India due to protectionism – Wilbur Ross

US Secretary of Commerce Wilbur Ross today said that e-commerce giant Amazon, one of the biggest foreign investors in India, had scaled down its plans for investments in this country after the government came up with new, protectionist and restrictive ecommerce rules. In what was seen as a nasty blow to the likes of Walmart […]

COLUMN: Why we should welcome a recession

Subramanian Swamy is often accused of propagating outlandish ideas and suggestions, but at least on the issue of addressing a slowdown in India’s GDP growth, he seems to be closer to the truth than India’s ruling establishment. Both Sitharaman and Swamy are united in recognizing the need for a ‘stimulus’ to nudge the economy from […]

Flipkart starts rolling out free Amazon Prime-like video service

Flipkart, Amazon’s biggest competitor in India, has started rolling out a video streaming service on its mobile app similar to Amazon Prime Video and Netflix. The service is very similar to other streaming apps, and offers videos classified into different sections based on genres and languages. Both movie and non-movie content are available. Non-movie content, […]

Dabur launches Babool Ayurveda toothpaste

Dabur, one of India’s biggest consumer brands specializing in products based on Ayurveda, today launched Babool Ayurvedic, a new variant of Babool, the most popular herbal toothpaste in India. Babool paste is named after Babool, the Hindi name for Acacia, which forms one of the ingredients. Even rivals like Patanjali and Himalaya have launched many […]

Amazon buys into Quess Corp’s repairing unit

Quess Corp, a provider of logistical, staffing and infrastructural solutions to businesses in India, said it has entered into an agreement with international e-commerce giant Amazon.com relating to investment in and operations of an electronics aftersales company. Though the finer details of the agreement were not revealed, the agreement could be aimed at diversifying the […]