Viveat Susan Pinto, Business Standard Mumbai, 5 May 2016 Fabfurnish.com, the online furniture retailer acquired by Kishore-Biyani-led Future Group, was relaunched on Thursday with a fresh campaign and a slew of deals. It marks a new chapter in the evolution of the group, which is best known for kicking off the modern retail revolution in India a decade ago.However, when Biyani, 54, laid his hands on the Rocket-Internet-promoted company last month, it did come as a surprise. The Marwari businessman has been a fierce critic of the e-commerce business model in India, saying it is designed to lure consumers with discounts…
Chaitali Chakravarty & Sagar Malviya, The Economic Times Mumbai/New Delhi, 29 April 2016 Walmart, the world's largest retailer, is interested in selling food products directly to Indian consumers both by setting up brick-and-mortar as well as online stores, but it will take a final decision after evaluating the policy guidelines that will be notified by the government, said the head of its India unit. "The business of brick-and-mortar food retail stores and online sale of food products is of interest to us, but we have to evaluate the policy guidelines once they are notified," Walmart India Chief Executive Krish Iyer…
(Published in the Financial Express, 10 May 2016) In about 20 years, Café Coffee Day (CCD) has grown from one ‘cyber café’ in Bengaluru to the leading chain of cafés in the country by far. In its early years, it was a conservative, almost sleepy, business. The launch of Barista in the late 1990s and its rapid growth was the wake-up call for CCD — and wake up it did! CCD then expanded aggressively. It focussed on the young and more affluent customers. Affordability was a keystone in its strategy and it largely remains the most competitively priced among the…
Richa Maheshwari, The Economic Times Bengaluru, 15 April 2016 Paytm plans an aggressive expansion of its online travel business by branching out into rail, road, airline and tour bookings in order to drive more traffic to its portal that is largely payments driven. The company has partnered services marketplace Ezeego1 for hotels and flight bookings and is also in talks with several airlines. The online player is also integrating the rail inventory of Indian Railway Catering and Tourism Corporation on its platform. "It is becoming increasingly challenging for vertical players to drive traffic. Whereas, horizontal players like Paytm have been…
Financial Express 15 April 2006 BUSINESS CASE TO BE ANALYSED: Akash Paul was finding it hard to bet on the profitability of a proposed new venture when there was hardly any precedent of such a model in the country, which is one of the largest producers as well as biggest market for fresh produce. The model proposed a value proposition based on quality, shelf life, size and hygiene. It stressed controlled post harvest process with procurement partnership with sales through distinct marketing channels to sell different grades at different prices in main cities to begin with. But most important of…
Geopolitical friction has again sparked renewed concerns over inflation and rising input costs for FMCG companies as @itmeansjustice @whysnavi write. @devangshu commented.
