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Taj Brings All Its Hotels Under Single Brand 

February 10, 2017

Sharleen Dsouza, Bloomberg Quint  Mumbai, 10 February 2017 Less than seven years after launching the Vivanta brand and four years after inaugurating its first Gateway property, Indian Hotels Co Ltd. has decided to re-brand the two verticals and bring them back under the Taj Group brand.All existing properties run by the Taj Group will now be classified under four categories -- Taj Hotels, Taj Palaces, Taj Resorts and Taj Safari. Only its budget chain, Ginger Hotels, will continue to be operated under the existing brand.Analysts and brand consultants maintain that this entire exercise will have no impact on the company’s…

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Food Processing – Supply Chain Conflicts and Food Security (Video)

February 9, 2017

This is a recording of a short, candid talk by Devangshu Dutta (chief executive, Third Eyesight) at the ASSOCHAM's 8th Global Food Processing Summit in New Delhi, India. He touched upon the inherent conflicts in the food supply chain we need to be aware of before formulating policies and practices, and strongly urged everyone to look at food security from the point of view of sustainability and risk-management. (Transcript below.) TRANSCRIPT: I'll just take just few minutes to share a few thoughts with you on the sector. The session was titled "Make in India: Platform for investment opportunity in food…

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Amazon takes up record level of office property in 2016 

January 25, 2017

Raghavendra Kamath, Business Standard Mumbai, 25 January 2017 To expand its storage capacity in India, Amazon had opened its largest Fulfilment Centre in Sonipat, Haryana.US-based e-commerce giant Amazon took about a million square feet of office spaces on lease last year, making it equal to what it took between 2008 and 2015 in the country. Founder and chief executive Jeff Bezos said last year that it would invest another $3 billion in India, amid intense competition in the e-commerce space. Much of the leased space could be used for seller and development services, besides a 30,000-sq ft building in Bandra…

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Amazon takes up record level of office property in 2016

January 25, 2017

Raghavendra Kamath, Business Standard  Mumbai, 25 January 2017 To expand its storage capacity in India, Amazon had opened its largest Fulfilment Centre in Sonipat, Haryana. US-based e-commerce giant Amazon took about a million square feet of office spaces on lease last year, making it equal to what it took between 2008 and 2015 in the country. Founder and chief executive Jeff Bezos said last year that it would invest another $3 billion in India, amid intense competition in the e-commerce space. Much of the leased space could be used for seller and development services, besides a 30,000-sq ft building in…

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Are India’s Startups At Risk Of Meddling From Their VC Investors? 

January 17, 2017

Suparna Goswami, Forbes Bengaluru, 17 January 2017 The past week saw India’s Flipkart appointing a non-founder CEO who is also part of Tiger Global Management, the online marketplace’s largest investor firm. A few days later, Snapdeal, another large Indian online marketplace, brought in real estate firm Housing.com’s CEO Jason Kothari as its chief strategy and investment officer. This news comes on the heels of a recent merger between Housing.com and real estate brokerage firm Prop Tiger, which has raised funds from SoftBank – a major investor in Snapdeal. Are we seeing a pattern of investor overreach into startups in India?…

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Are India’s Startups At Risk Of Meddling From Their VC Investors? 

January 17, 2017

Suparna Goswami, Forbes   Bengaluru, 17 January 2017 The past week saw India’s Flipkart appointing a non-founder CEO who is also part of Tiger Global Management, the online marketplace’s largest investor firm.A few days later, Snapdeal, another large Indian online marketplace, brought in real estate firm Housing.com’s CEO Jason Kothari as its chief strategy and investment officer. This news comes on the heels of a recent merger between Housing.com and real estate brokerage firm Prop Tiger, which has raised funds from SoftBank – a major investor in Snapdeal.Are we seeing a pattern of investor overreach into startups in India?With this…

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One Ring That Rules Them All

January 10, 2017

In this piece I’ll just focus on one aspect of technology – artificial intelligence or AI – that is likely to shape many aspects of the retail business and the consumer’s experience over the coming years. To be able to see the scope of its potential all-pervasive impact we need to go beyond our expectations of humanoid robots. We also need to understand that artificial intelligence works on a cycle of several mutually supportive elements that enable learning and adaptation. The terms “big data” and “analytics” have been bandied about a lot, but have had limited impact so far in…

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Will Lever Ayush Makeover Help HUL Make Inroads In Southern Ayurvedic Market?

January 9, 2017

Sharleen Dsouza, Bloomberg Quint Mumbai, 9 January 2017 As demand for ayurvedic products grows, especially driven by Yoga guru Baba Ramdev’s Patanjali Ayurved Ltd., FMCG major Hindustan Unilever Ltd. has relaunched its Lever Ayush brand in southern India, the biggest and most competitive market in the space. The Rs 32,000-crore HUL will offer 20 Lever Ayush products for as low as Rs 30 in the hair, skin and oral care categories across Tamil Nadu, Kerala, Andhra Pradesh, Telangana and Karnataka -- the five states are home to several local ayurvedic brands Patanjali, which largely operates in the north, offers products…

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Women’s ethnic wear tailors growth 

January 3, 2017

Neha Tyagi & Sagar Malviya, The Economic Times  Mumbai, 3 January 2017 Leading Indian womenswear brands bucked the slowdown trend on the back of mostly younger consumers shifting from tailor-made to ready-to-wear stylish designs at affordable rates and discounts. Makers of ethnic brands in the country — TCNS Clothing (maker of W and Aurelia brands), BIBA, House of Anita Dongre (AND and Global Desi brands), and Ritu Kumar — all posted 14 per cent-64 per cent year-on-year jump in their revenues last fiscal, even as the overall Indian apparel market slipped to single-digit growth at 8 per cent. Sales of…

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CashKaro may be profitable in next 18 to 20 months 

December 30, 2016

Shipra Srivastava, Retailer   New Delhi, 30 December 2016 The Gurgaon-based  cashback  and  coupon website CashKaro.com  which has raised Rs 25 crore in its Series A funding round from Kalaari Capital in November 2015, and  a very small amount of investment  from Ratan Tata in January this year, is very close to achieve its break-even.  In an exclusive conversation with indianretailer.com, Rohan Bhargava, Co-founder, Cashkaro.com, said, “We are very close to our break-even. In fact, we should be profitable in next 18 to 20 months.” The raised funds are being utilised to ramp up marketing, technology and expanding the human resource. …

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