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Online marketplaces’ cashback offers distort level-playing field, says retail association | Latest News & Updates at Daily News & Analysis
According to the Retailers Association of India (RAI), the cashback or money back guarantee offered by an e-commerce marketplace should be considered tantamount to influencing the selling price.
India joins the debate on forking out extra at restaurants | ET Retail
Adding a service charge of 5-10% to the bill is a fairly established practice in Indian restaurants, although some, especially in hotels, have a polic..
Source: India joins the debate on forking out extra at restaurants | ET Retail
Hands, heads and robots work in sync at Amazon warehouses | The Seattle Times
Amazon’s DuPont fulfillment center is a sort of laboratory for how the company is using robots to do much of its heavy lifting. But it also shows how the human workforce is not only necessary but superior in some respects.
Source: Hands, heads and robots work in sync at Amazon warehouses | The Seattle Times
Alibaba set to bring back the Walmart ghost for Indian retailers | Business Standard News
Panic buttons were pressed when Alibaba recently announced it was exploring options to directly enter India
Source: Alibaba set to bring back the Walmart ghost for Indian retailers | Business Standard News
Hard Rock Cafe’s India franchisee to raise Rs200 crore – Livemint
JSM Corp, which also runs California Pizza Kitchen and Shiro in India, plans to bring in more global brands
Source: Hard Rock Cafe’s India franchisee to raise Rs200 crore – Livemint
DLF promoters to sell 40% stake in rental arm for Rs 12,000-14,000 crore | Latest News & Updates at Daily News & Analysis
The real estate firm will continue to own remaining 60% stake in its rental arm DLF Cyber City Developers Ltd (DCCDL).
Mi stores: Xiaomi seeks exemption from local sourcing norms in India – Times of India
Chinese mobile device maker Xiaomi has sought complete exemption from the mandatory 30% local sourcing norms for opening single brand retail stores in India.
Source: Mi stores: Xiaomi seeks exemption from local sourcing norms in India – Times of India
Flipkart logistics arm Ekart bets big on offline clients, bags Madura Fashion – The Economic Times
Ekart has started winning clients among brick-and-mortar brands as it aims to become an independent logistics powerhouse.
Source: Flipkart logistics arm Ekart bets big on offline clients, bags Madura Fashion – The Economic Times