'We exited the month of September at 70 per cent of pre-Covid sales.'
Despite the dispute with Amazon, Future group and Reliance seem determined to execute their nearly Rs 25,000-cr transaction. What is Kishore Biyani left with?
Convenience and comfort of ordering from homes apart from discounts pushing people to choose e-commerce over offline
No eatables permitted, can run only outside containment zones
Statement comes after Amazon wrote to Sebi and stock exchanges last week on Singapore arbitrator's stay order
Speculation had also mounted of possible acquisitions of Urban Ladder and Milkbasket in online furniture and grocery delivery spaces respectively, though the deals haven't fructified yet
In contrast to the rapid scale-up by JioMart and others in the online grocery business, DMart Ready remains measured with its e-commerce expansion
The company said that 85 per cent of its stores were operational now
Footfall at 60-70% of last year's level; at malls, it is much less, but improving
If these reforms were implemented appropriately, Mehta noted that rural areas could continue growing over the long term.
Total expenses were up nearly 8 per cent to Rs 1,641 crore in Q2, as the firm witnessed inflationary trends.
Urban growth could stage a comeback by June quarter next year, say analysts; firms concur, saying growth divide could narrow in the future
Time running out for Future Group, which has defaulted on debt payments
Mondelez is the country's largest chocolate player and ranks among the top two health food drink makers in India
Conversations with distributors and film exhibitors reveal discounts on ticket prices are being planned to attract audience
Redirecting LTC to buy consumer goods a dampener for tourism, says industry
This comes as restaurants grapple with a 33% patron cap and restricted business hours, something many say will delay recovery
For want of a substitute, many willing to give BARC time to come clean
With spotlight on alleged manipulation of viewership data, Business Standard decodes the system used to measure TV viewership in India
Those responsible, Mumbai Police Commissioner said, would be arrested, be it a director, promoter or any other employee of the channel