Written By Shambhavi Anand, ET Bureau NEW DELHI: Amazon’s online food retail venture, which was expected to start during Diwali, is getting delayed as the company needs to keep this separate from its marketplace, which functions as a platform to connect sellers with buyers, said people with knowledge of the matter. Food is the only segment where it’s allowed to sell directly to consumers. The Seattle-based firm is the first global company to seek and get government nod to sell food made and packaged in India directly to consumers. India allowed 100% foreign ownership in food retail last year to…
Written By Sharleen Dsouza Billionaire Radhakishan Damani just entered Jeff Bezos’ turf. His supermarket chain D-Mart is running a pilot that allows customers to order online, and have everything from staples to shampoos either delivered at neighbourhood kiosks free or at their doorstep for a fee. India’s most valued retailer has set up 40 such booths in Mumbai. We have started a pilot run in a small part of Mumbai and will expand after understanding consumer response to this service. Neville Noronha, Managing Director, Avenue Supermarts Told BloombergQuint While it’s a pilot, D-Mart's scale could be a big advantage when…
Written By Ratna Bhushan & Chaitali Chakravarty, ET Bureau NEW DELHI: Top Indian retailers are furious at Amazon over what they see as ambush marketing — inside their own stores no less. Amazon has said the exercise was part of normal promotional activities. The India arm of the American online giant bundled its gift coupons with products of ITC, Nestle and Coca-Cola being sold on the shelves of large organised retail chains such as Big Bazaar, Hyper-City, Star Bazaar, D-Mart, Walmart-owned Best Price Modern Wholesale, Big-Basket and others. Not anymore it seems — the brick-and-mortar retailers are removing the items…
Written By Sulekha Nair People have become more realistic and know what a structural reform is. But the fire and chutzpah in Narendra Modi’s speeches now do not seem to evoke the same euphoria as earlier Notwithstanding the policy decisions such as demonetisation and a hurried rollout of the goods and services tax (GST) that have negatively impacted a large populace in the country, Brand Narendra Modi seems to be largely untouched as of now. However, with the situation on the ground remaining bleak, it remains to be seen how long can he hold on to the image, aver experts.…
In recent decades, the dependence on established medical disciplines has begun to be challenged. There is the oft-quoted dictum that healthcare sector tends to illness rather than health. Another saying goes that some of the food you eat keeps you in good health, but most of what you eat keeps your doctor in good health. With a gap emerging between wellness-seekers and the healthcare sector, so-called “alternative” options are stepping in. Some of these alternatives actually existed as well-structured and well-documented traditional medical practices for thousands of years before the introduction of more recent Western medical disciplines. This includes India’s…
Geopolitical friction has again sparked renewed concerns over inflation and rising input costs for FMCG companies as @itmeansjustice @whysnavi write. @devangshu commented.
