Rage Coffee: At present, 30 per cent of the business for the brand comes from marketplaces, 20 per cent from D2C and the remaining 50 per cent is equally divided between GT and MT.
German retailer METRO AG on Thursday announced the completion of the sale of its Indian cash & Carry business to Reliance Retail Ventures Ltd (RRVL), which holds the retail empire of Reliance Industries Ltd.
The Competition Commission of India (CCI) on Tuesday said it has approved Reliance Retail Venture's acquisition of German firm Metro AG's wholesale operations in India.
The draft policy is aimed at improvement in ease of doing business ensuring easy and quick access to affordable credit, facilitating modernization and digitization of retail trade by promoting modern technology and superior infrastructural support, among others