Sep 16, 2015 - After decades of being a conservative player, Godrej has become more aggressive

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After decades of being a conservative player, Godrej has become more aggressive 'When the world zigs, zag' goes the famous ad tagline. Godrej's taking this advice very seriously, but is it the right path? Kirana stores the inspiration for big retail's small stores: BCG Some analysts, however, believe convenience stores could be challenged by digital grocery in the future photo Snapdeal launches a mobile wallet through its recharge and utility payments unit FreeCharge; receives approval from the RBI for a semi-closed wallet FreeCharge, which does not own an open mobile wallet licence, has tied up with Yes Bank to launch its wallet Abbott Healthcare in row with drug controller over cough syrup Whether the sample of Abbott's popular "Phensedyl" was a genuine product or a fake has not been established, but the suspect batch of 80,000 bottles has not been recalled. Omni-channel to be the next big play in retail - “I haven’t seen such a behaviour in other South East Asian markets. While businesses in countries like Taiwan, Thailand and Philippineshave adopted e-commerce in a big way, there is a clear focus on bottomline. Money is being made on every transaction and majority of the companies there are gross margin positive,” said Iyer at the inaugural session of the two-day IRF summit in Mumbai on Tuesday. Retail in therapy: Honchos urge, get down to business Krish Iyer, CEO, Walmart India said, "I urge each one of you to participate in the forums and make the industry chambers really meaningful.". SBI Card expects ecommerce transactions through credit cards to account for about 55 per cent-60 per cent of its total transaction value in the current fiscal SBI Card today rolled out an online specific credit card --SimplyCLICK --in association with seven partners including Amazon India, BookMyShow and Cleartrip... PM's US visit: Apple's Tim Cook joins star-studded list of CEOs set to meet Narendra Modi PM Modi will be keen to showcase initiatives such as 'Make in India' and persuade Tim Cook to invest in manufacturing and research and development in India. Using Geisha Secrets to Build a $12 Million Cosmetics Company The use of cosmetics goes back thousands of years. Now one entrepreneur is taking a page from the Japanese geisha ... Google Play Gift Cards Now Arriving In Stores Across India You can't gift people apps, books, or albums from the Play Store―but with Google Play gift cards, you can effectively do the same thing. But first, t... by Bertel King, Jr. in News Amazon to offer sops to woo sellers; to provide complete backend support, plans to add cash on delivery mode The online market place already provides an Easy Ship service whereby Amazon takes care of delivery from the seller's inventory when an order is placed. Wendy's all set to deliver burgers at your doorstep; eyes consumers shopping through mobile apps The world's third largest US burger chain Wendy's is kicking off home delivery to beat the continued slowdown in consumption. FitMeIn offers alternative to beating gym boredom, raises $100K funding from Green House Ventures When an anonymous writer on a Quora thread asked the top reason for quitting the gym, a large number of replies cited monotony and boredom. According to a "Our long-term plans for India continue to be stable" says Coca-Cola's Venkatesh Kini Coca-Cola has kicked off a new reporting structure, aimed at making it more nimble and enabling faster decision-making, even as cola sales have shrunk... OYO Rooms launches a new brand called OYO WE, a Women's Exclusive for women travelers with all-women staff and special amenities for women OYO Rooms has launched a new brand called OYO WE, a Women’s Exclusive for women travellers with all-women staff and special amenities for women... India Consumer Inflation Edges to Nine-Month Low Business Today NasdaqNEW DELHI--India's consumer inflation rate edged to a nine-month low in August, mirroring weak wholesale price pressures and building the case for the central bank to resume lowering interest rates later this month. The benchmark consumer price index ...India's August consumer price inflation easesBusiness Standardall 483 news articles » HomeShop18 posts a loss of Rs 174.91 crore for the financial year ended March 2015, up significantly from Rs 83.9 crore from the previous financial year HomeShop18 (TV18 Home Shopping Network) has posted a loss of Rs 174.91 crore for the financial year ended March 2015, up significantly from Rs 83.9 crore from Mobile commerce firm Paytm to invest Rs 500 crore over the next four years for branding and promotion across sporting events One97 Communications, owner of Paytm, has already acquired the title sponsorship rights for India's matches at home for a period of four years... Parksons Packaging: An out-of-the-box carton designer The Mumbai-based firm, which manufactures attractive cartons for top brands, has seen a near 10-fold increase in revenues in the past decade How hyperlocal logistics startup Opinio is differentiating itself with an online delivery tracker feature Opinio is a tech-enabled hyperlocal logistics startup which helps small businesses (merchants) fulfill their demand by offering delivery as a service. Same-day delivery of goods made possible through Flipkart With a massive centre in the backyard of Chennai, online shoppers on Flipkart can hope to get their products delivered at their doorsteps the same day.The new warehouse, sources said, will service key regions in Tamil N Switching to diet drinks won't make you slimmer Switching to diet drinks won\ 5 Myths About Selling on Amazon Why your ecommerce business should be selling on Amazon, if you're not doing so already India: Tea stores chain Chai Point raises $10 million Mountain Trail Foods, owner of the Chai Point network of tea stores, has raised nearly $10 million, a funding round led by Eight Roads Ventures, DSG Partners and existing partner Saama Capital Growth important but retailers should watch bottom lines: experts Ebitda margins of Indian retailers dropped to 2% in 2014 from 8% in 2011, while those of global chains were 7-11% India Retail Forum 2015: Certification scheme for retailers launched at IRF Adil Zainulbhai, Chairman, Quality Council of India (QCI) expressed his delight towards this initiative and said, “This ‘Trusted’ certification scheme will encourage more and more retailers to be customer centric and move towards the omni channel era.” Online commerce can't kill brick & mortar: Rakesh Biyani PwC survey says that 51% of retailers feel that the biggest challenge is creating a differentiated model Mobile shopping app Paytm challenges e-commerce rivals in India Whether or not Paytm becomes the first Indian e-commerce company to ship 1 million items in a day ahead of others, it's becoming increasingly clear that mobil.. 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