Page 7 - Arvind Singhal News Today

A struggling 261-year-old UK toy-store chain is seeking a new lease of life in the hands of billionaire Mukesh Ambani, whos looking to India where about a fifth of the worlds babies are born to fuel its revival. Hamleys, a British retail icon that hasnt made a profit for a number of years, plans to quadruple its outlets in the former British colony to more than 500 in three years despite the pandemic, according to Darshan Mehta, chief executive officer of Ambanis Reliance Brands Ltd. Besides t...

Mukesh Ambani bought Hamleys in 2019 to strengthen his retail footprint. (File photo) NEW DEELHI: A struggling 261-year-old UK toy-store chain is seeking a new lease of life in the hands of billionaire Mukesh Ambani, who’s looking to India where about a fifth of the world’s babies are born to fuel its revival. Hamleys, a British retail icon that hasn’t made a profit for a number of years, plans to quadruple its outlets in the former British colony to more than 500 in three years despite ...

Lockdown blues SUBSCRIBE Well soon meet in your inbox. / Morning Dispatch Harsh lockdowns have brought e-commerce to a halt in some states, which means that while overall demand for online shopping is still up, it isn’t close to matching last year’s growth. Also in today’s letter: India’s national Unicorn week State of the e-commerce nation Regional lockdowns have hampered e-commerce sales in some states and boosted them in others. And while overall demand has grown, it hasn’t surg...

In season of gloom, IPL to accelerate off-take of in-house consumables ​ By IANS | Published on ​ Fri, Apr 9 2021 22:03 IST | ​ 7 Views   The all-new Tata SAFARI is the Official Partner for VIVO IPL 2021. Image Source: IANS News New Delhi, April 9 : The mega sporting event -- IPL 2021 -- is expected to give an added support to the in-house consumable, advertisement as well as e-commerce segment this season. The BCCI-backed IPL draws its financial muscle from millions of fans and fol...

NEW DELHI - Indias vaccination drive is expected to speed up substantially after the federal government roped in the private sector. Some 20,000 private and 10,000 public hospitals will be administering the vaccine from March 1, according to the government. Previously the drive involved only 10,000 hospitals, mostly public. Unlike scores of other countries, India does not have a problem with access to vaccines. Instead, its issue is that the roll-out has been too slow. More than 13 million heal...

Rise of Oligopolistic Dominance As debt-laden distressed companies fall by the wayside, some cash-rich large companies are practically monopolising their sectors Illustration by Siddhant Jumde During the 26th meeting of the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), one of the MPC members - Jayant R. Varma, Professor, Finance and Accounting, IIM Ahmedabad - made an interesting observation, which many in government institutions would barely admit to. "Anecdotal evidence...

NEW DELHI - As India moves to roll out one of the worlds biggest vaccination drives, an app called CoWIN (Covid Vaccine Intelligence Work) will be the "backbone" of the exercise to vaccinate its vast population. The vaccination drive comes with a whole set of challenges, including the seamless movement of the vaccine from the source to the vaccination centres, storing it at the right temperature throughout and identifying beneficiaries in order of priority, all of which can be difficult even in...

During the lockdown period there was definitely a change in consumer behaviour when it came to buying a lot of products in bulk. Has this continued even after things eased out quite considerably? In terms of what trends have continued post the lifting of lockdown, online shopping is going to be there. It got a boost, especially online grocery shopping. Other categories that have been growing include online shopping for fashion, lifestyle, consumer goods, electronics and mobiles. But grocery sho...

Appoints Kunal Dubey as Head of Marketing and Lucky Saini as Head of Brand. Dubey and Saini bring creative experience of working together with several brands in the last six to seven years

Kunal Dubey (left) and Lucky Saini Vedantu, a player in the live online tutorial marketing in India, has announced the appointment of Kunal Dubey and Lucky Saini.   Dubey joins as head of marketing while Saini is head of brand. The duo have been working together for the last seven years, most recently at Dentsu Slingshot.       Singhal said, “As we enter our next phase of unstoppable growth, Kunal and Lucky’s diverse experience in the internet, startup and advertising ecosystem w...