Archive for April 2015

Number of modern food & grocery stores dip on rising rentals, power costs & online rivals

Western-style grocery and food stores have shrunk in India, with outlets closing down and expansion completely put on hold. Net closures in 2014 were estimated at about 180 stores amid high rentals, competition from online retailers, and higher power and…Continue Reading →

Startups, E-commerce companies are most sought after placements in top campuses like IITs, NIDs, IIMs; upsurge in salary and number of offers

Online companies and startup firms have come to a long way from an almost negligible presence earlier to the most sought-after companies on campus now. Salaries have surged, as have the number of people being offered. Here’s a look at…Continue Reading →

E-commerce firms like Amazon India, Paytm, Snapdeal to Cardekho, are booking tickets to Indian Premier League ad extravaganza

The Indian Premier League (IPL) is never short of advertisers but now, joining telcos, auto manufactures and beverage makers, in the last year season will be a group of top e-commerce firms. MultiScreen Media (MSM), which broadcasts the IPL on…Continue Reading →

Myntra to shut website from May 1

Online fashion retailer Myntra told that they will shut their website from May 1, in what seems like a sure step towards becoming only a mobile app-based retailer.. This will be the first such instance of an online player transforming…Continue Reading →

Online grocers like Amazon’s Kirana Now and LocalBanya turn focus on timely delivery

Amazon’s started ‘Kirana Now’ programme, which promises to deliver orders from small local stores in 2 to 4 hours time, was launched recently as India’s budding online grocery retailers are increasing focus on ontime delivery instead of large building warehouses….Continue Reading →