Retail Sector

Thursday, Apr 25, 2024 | Last Update : 07:12 PM IST

In e-commerce, online merchant, internet sales associate, marketing specialist and social media associate are the most sought out fresher roles. — Representational image/DC

Retail sector looks to hire freshers

The pandemic has created a new retail shopping experience which is leading to rise of jobs and opportunities for freshers and entrants

13 Dec 2021 9:31 AM

Mukesh Ambani’s Reliance Industries Ltd will pay between ₹24,000-27,000 crore to buy the Indian retail chains owned by Future Group. (PTI Photo)

Reliance set to acquire Future Group's retail business for Rs 27,000 crore

Reliance’s existing retail operation already runs close to 12,000 stores in over 6,700 Indian towns and cities

28 Jul 2020 2:55 PM

Crores of retail sector employees may lose jobs

Longer lockdown would hit retail industry hard

25 Mar 2020 12:39 PM

Govt to look at proposal to relax local sourcing norms for FDI in single brand retail

FM Nirmala Sitharaman in her Budget speech had said that local sourcing norms will be eased for FDI in single brand retail sector.

25 Aug 2019 12:32 PM

Finance minister announced upfront capital infusion of Rs 70,000 cr into PSBs to boost lending and improving liquidity situation.

Home, auto, other retail loans to become cheaper: Sitharaman

The move will also lead to cheaper working capital loans for industry.

24 Aug 2019 12:48 PM

In order to improve market access for the domestic retail investors, Aadhaar-based KYC will be permitted for opening of demat account and making investment in mutual funds.

Govt to allow Aadhaar-based KYC for retail investors

The government said the Depository Receipt Scheme 2014 is expected to be operationalised soon by Sebi.

24 Aug 2019 11:04 AM

Omni-channel supply chain as a multichannel distribution network which manages multiple methods of distributing and promoting products.

The rise of omni-channel supply chain and its impact on modern retail

The omni-channel supply chain has risen significantly with major online brands delving into retail stores.

22 Aug 2019 9:51 AM

India's unemployment rate hit a 45-year high of 6.1 per cent in 2017, a media report had said earlier based on an official survey.

Govt reforms creating new livelihoods; 8 sectors to add over 10 cr jobs: CII

MSMEs have the potential to enhance direct and indirect job opportunities by about 36 million over the next four years.

07 Mar 2019 4:27 PM

India is currently growing at over 7 per cent and if country has to grow at 9 per cent, then e-commerce will play major role, said NITI Aayog CEO Amitabh Kant.

E-commerce revolutionised retail sector in India: NITI Aayog CEO Amitabh Kant

'Driven by growth in India's retail market, country's GDP will increase and result in more job opportunities,' Amitabh Kant.

05 Mar 2019 5:13 PM

Amazon. (Representational image/ Photo: AFP)

Indian e-commerce market to touch USD 84 billion in 2021: report

The retail market in India is expected to grow to USD 1.2 trillion by 2021 from USD 795 billion in 2017.

26 Feb 2019 3:11 PM

The Government is pushing a new e-commerce policy from February 2019 wherein the concept of ‘exclusivity’ will no longer hold good. (Photo: Financial Chronicle)

Retail sector investments double to Rs 1,300 crore in 2018

The retail sector received Rs 5500 crore investments in the past four years.

24 Jan 2019 10:27 AM

The home goods retailer has already spent close to $750 million procuring Indian sites for four stores.

Five challenges IKEA will face in India

Prising Indians away from local furniture makers that they trust is going to be difficult for IKEA.

09 Aug 2018 10:52 AM

Out of the total outlay of Rs 10,500 crore, the company has so far invested Rs 4,500 crore in its different projects in India. (Photo: AFP)

Swedish home furnishings major IKEA opens first India store

Company plans to hire 15,000 in the coming years as it expands operations in India.

09 Aug 2018 10:45 AM

Online hiring activity registered a 7 per cent year-on-year growth in May, primarily led by robust hiring sentiment in the production and manufacturing sector, says a report.

Online hiring activity sees 7 per cent rise in May, says report

Online hiring activity in May as against the previous month slowed in all major metro cities.

06 Jun 2018 1:57 PM

Private equity investments in retail properties stood at Rs 800 crore in 2015, Rs 3,000 crore in 2016 and Rs 700 crore last calendar year.

PE investments in retail real estate touch Rs 5,500 crore since 2015: JLL

Indian retail sector has attracted a cumulative of Rs 5,500 crore between 2015 and Q1 2018.

23 May 2018 2:27 PM

Report noted that the market is characterised by optimism as 71 per cent of respondents reported that M&A is creating value, up from 48 per cent last year.

Consumer, retail M&A deal volume dips 16 pc in 2017: report

Retail sector took a breather in 2017 with deals worth USD 392 billion announced in 2017.

12 Apr 2018 2:46 PM

About 81 per cent of Indian investors believe it is important that investment professionals have credentials from respected industry organisations. (Photo: ANI)

Most Indian retail investors trust financial services sector

Global association of investment professionals, shows that 71 pc of Indian investors trust financial services industry.

11 Apr 2018 10:29 AM

Ramdev, a staunch supporter of swadeshi goods, also defended Patanjali's move to form partnership with US-based online retail major Amazon and PayTm.

Ramdev doesn't 'support' FDI in retail

Patanjali enters into e-commerce space by joining online retailers for selling its products.

17 Jan 2018 10:29 AM

CITU opposes move to allow 49 per cent FDI in Air India

CITU has called upon the working class to build up a determined resistance against such deliberate exercise.

11 Jan 2018 4:02 PM

The Centre also eased a rule on 30% mandatory local sourcing of products for five fiscal years after the opening of the first Indian store.

Quicker flow of FDI expected

Reforms will help attract significant funds after slowdown in retail.

11 Jan 2018 1:14 AM

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Columns

Dilip Cherian

retail sector