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Shoppers Stop is hiring Rajiv Suri, head of Dubai-based Majid Al Futtaim Fashion, as new chief executive, according to two people aware of the development. The post had been lying vacant since January, when Salil Nair had put in his papers. A Shoppers Stop spokesperson declined to comment on the matter. Suri could not be […]

A survey participated in by 18,000 people has revealed that 62 per cent experienced significant variations between online reviews and the final product received. Many consumers have reported that a lot of the reviews on e-commerce sites are fake or planted, according to a survey conducted by citizen’s engagement platform LocalCircles. Asked if the consumers […]

Ahmedabad-based Azafran Innovacion Limited has launched organic crayons, which claims to be the first of its kind by an Indian manufacture. The petroleum, synthetic, mineral or animal wax-free crayons are made with soya, palm waxes, soya butter and food-grade colours. The company claims the crayons are non-toxic and bio degradable and perfect for toddlers and […]

Swedish home furnishing major IKEA today launched its first experiential centre ‘IKEA Hej HOME‘ here, ahead of opening its first store in the country at Hyderabad in spring 2018. Designed for a six month duration, IKEA Hej HOME will familiarise customers with IKEA home furnishing solutions and offer a first-hand experience of an IKEA store. […]

Online food ordering and delivery platform Swiggy on Wednesday announced the launch of its platform in Ahmedabad. After continued success in Mumbai, Delhi-NCR, Bangalore, Chennai, Pune, Hyderabad, and Kolkata, the online delivery service platform, Swiggy is now on an expansion spree in Ahmedabad. Continuing with its superior consumer experience that has become synonymous with the […]

Retailers will not be able to levy GST after giving discount on MRP, like it was in the case of VAT, the Consumer Protection Council has decided. Advocate Ajay Jagga, member, Consumer Protection Council (CPC), Chandigarh, raised the issue following which it was made part of the agenda in the meeting and passed on October […]

SoftBank and Alibaba-backed Paytm today said it has invested in Mumbai-based lending startup CreditMate. The fintech major, however, did not disclose the investment amount. CreditMate was founded in 2016 by Jonathan Bill, Ashish Doshi and Aditya Singh. The company focuses on secured lending against two-wheelers. As a part of the deal, Paytm will also leverage […]

iStockPhoto ICICI Bank Ltd has partnered with Paytm to provide instant credit to its customers who are buyers on the latter’s e-commerce platform. The product, called Paytm-ICICI Bank Postpaid, is currently available only to those customers of ICICI Bank who are on Paytm’s platform, but the bank may extend such instant lending to customers of […]

Fashion vertical portal Koovs.com has beaten industry giants Amazon, Flipkart and Paytm to emerge as the platform offering the best customer experience, according to a survey by Forrester. Flipkart was left lagging at seventh position behind the Group’s own sites Myntra and Jabong and even Snapdeal, which has been struggling to regain marketshare.“Koovs made large […]

Amazon goes into the holiday season with a magnified brick-and-mortar presence, giving it more opportunities to sell its Kindle e-readers, Fire tablets and other gadgets. The online retailer now has more than a dozen Amazon Books stores, which also sell toys, electronics and small gifts. Kohl’s has carved out space for Amazon shops in 10 […]