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Ashish K Tiwari

  • Online shopping portals account for 25% of counterfeit goods sales: Study

    You thought you got a good deal on a Gucci perfume, or a Lacoste T-shirt? Well, there’s a good chance they’re fake.

    Sunday, 20 April 2014 - 6:00am
  • Finally, Reliance retail turns around

    After seven years of losses and over $1 billion investment, Reliance Retail has finally turned profitable. The retail arm of Reliance Industries Ltd registered operating profit, or earnings before depreciation, interest and taxes (PBDIT), of Rs 363 crore while total revenues grew 34% to Rs 14,496...

    Saturday, 19 April 2014 - 8:20am
  • Flipkart to grow marketplace to compete with Amazon

    Flipkart, a leading home-grown e-retailer, is looking to grow its marketplace operations multi-fold to compete with the likes of Amazon India. It plans to add over 9,000 sellers on its marketplace taking the number to 12,000 by March 2015. An e-marketplace facilities meeting of buyers and sellers...

    Thursday, 17 April 2014 - 8:20am
  • Diageo Plc doubles open offer price for United Spirits Ltd

    To pay Rs 3,030 per share for 26% stake in the spirits maker, analysts see the offer aggregating Rs 11,500 crore sailing through on lender participation

    Wednesday, 16 April 2014 - 10:00am
  • Ad council pulls up TV commercials for encouraging unsafe practices

    Bollywood actor Amitabh Bachchan's stone throwing act in a television commercial (TVC) for candy brand 'Kachha Mango Bite' by Parle Products has been pulled up by the Consumer Complaints Council of the Advertising Standard Council of India (ASCI). Bachchan, who was roped in December by Parle as...

    Tuesday, 15 April 2014 - 8:15am
  • Wal-Mart to set up 50 cash and carry stores by 2019

    To extend e-commerce platform to wholesale customers

    Wednesday, 9 April 2014 - 8:30am
  • Cloud over joint venture with Tesco if BJP comes to power

    The Bharatiya Janta Party (BJP) manifesto on Monday that opposed foreign direct investment (FDI) in multi-brand retail sector has come as a shocker to many retailers which were looking for foreign tie-ups. Just last month, Tata Group's retail venture Trent Ltd finalised an equal joint venture with...

    Tuesday, 8 April 2014 - 10:25am
  • Late onset of summer may hit AC, refrigerator sales

    Anup Bhargava, senior general manager and product group head - air conditioners, Godrej Appliances, spoke to Ashish K Tiwari about the market scenario for compressor-based products this season. Excerpts from the interview:

    Monday, 7 April 2014 - 10:05am
  • AV Birla spruces up Pantaloons for next level of growth

    Shital Mehta, CEO, Pantaloons Fashion & Retail Ltd, says the group has worked overtime renovating the stores, changing merchandise mix and focusing on bringing the company back into the customers' mind. He believes that with these changes the coming year will be better for the company, which...

    Saturday, 5 April 2014 - 9:35am
  • Croma does a Best Buy to beat online retailers

    Tata Group's consumer electronics retail chain Croma is seeing huge opportunity in the 'store pickup' approach adopted by American retailer Best Buy, to increase sales across its retail outlets in the country. Ajit Joshi, CEO and MD, Infiniti Retail Ltd, the company which runs Croma stores, said no...

    Thursday, 3 April 2014 - 9:50am

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