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May 1, 2024
Chinese smartphone firms are increasingly relying on Reliance Retails distribution arm to reach stores in the hinterlands due to a slowdown in online sales. Xiaomis sub-brand Poco has forged a strategic partnership with Jio Mart Digital to distribute its devices to around 80,000 retail stores across the country. This comes as offline retail channels accounted for 61% of sales in the first quarter of 2024, up from 56% in the previous three-month period. Xiaomi and Transsion saw the fastest growth...
April 23, 2024
The Redmi Pad SE will be available from April 24 at a starting price of Rs 11,999 after offers. Redmi Buds have an introductory price of Rs 1,499
January 24, 2024
The interim budget for FY25, which will be presented on February 1 after the Lok Sabha elections, is likely to stay on the fiscal course-correction glide path and avoid populist spending. However, the retail industrys message of slowing consumption cannot be ignored. Indias top retailers have slowed down their store expansion this fiscal year due to a sharper focus on profitability and lower-than-expected consumption levels. Retail sales have also been affected, with a growth of only 7% in Octob...
January 24, 2024
Budget 2024: The interim budget for FY25, which will be presented on February 1 after the Lok Sabha elections, is likely to stay on the fiscal course-correction glide path and avoid populist spending. However, the retail industrys message of slowing consumption cannot be ignored. Indias top retailers have slowed down their store expansion this fiscal year due to a sharper focus on profitability and lower-than-expected consumption levels. Retail sales have also been affected, with a growth of onl...
September 5, 2023
Reliance Retail: Reliance is going to start expansion of the business which will continue to run under the Metro brand name for a couple of years under the deal. It has opened a new store in Patiala, will convert a few of its existing dark stores for new and e-commerce into such outlets, and organically build some newer ones with plans to open 40 such new stores in the next few months, the executives said.
September 4, 2023
Reliance is going to start expansion of the business which will continue to run under the Metro brand name for a couple of years under the deal. It has opened a new store in Patiala, will convert a few of its existing dark stores for new and e-commerce into such outlets, and organically build some newer ones with plans to open 40 such new stores in the next few months, the executives said.
July 28, 2023
Milkbasket was valued over Rs 250 crore in 2020. Now Reliance Retail, parent company of Milkbasket, may pull the plug on the startup as the company is about to launch a new Jio Smart Daily platform, reports Entrackr.
April 29, 2022
The OnePlus 10R has been launched in India with up to 150W charging. The OnePlus Nord CE 2 Lite 5G is also official.