The Indian retail market is estimated to be worth $250bnForeign retailers will be able to own their own stores in India for the first time as part of a major government liberalisation of business. Until now, foreign businesses have only been allowed to operate franchises for fear they would harm indigenous firms. But new regulations […] ↓ Read the rest of this entry…
Passive RFID Tags Passive RFID tags have no internal power supply. The minute electrical current induced in the antenna by the incoming radio frequency signal provides just enough power for the CMOS integrated circuit in the tag to power up and transmit a response. The lack of an onboard power supply means that the device […] ↓ Read the rest of this entry…
KOZHIKODE: Volunteers of a leading traders body in Kerala went on an agitation at various places in the city, protesting the opening of Reliance outlets here on Saturday. The activists of the ‘Kerala Vyapari Vyavasayi Ekopana Samithi,’ spearheading the campaign against entry of multinationals in the retail sector, gathered in large numbers in front of […] ↓ Read the rest of this entry…
MUMBAI: Mumbaikars will no more have to sweat it out while travelling by train from home to work and back — they can now hope to enjoy the comforts of air-conditioned coaches. “We have finalised the plan to introduce AC suburban trains in certain routes as there has been a demand for it for long,” […] ↓ Read the rest of this entry…
MUMBAI: Reliance Capital Asset Management, controlled by Anil Ambani, has sold a 5% stake to Eton Park Capital Management in a deal that for the first time puts a value on India’s largest mutual fund. US-based Eton Park will pay $127 million for the stake in Reliance’s mutual fund, valuing it at Rs 100 billion, […] ↓ Read the rest of this entry…
India’s largest publicly traded retailer, Pantaloon Retail (India) Ltd, will make its formal entry into the gourmet food business with its Gourmet Food Bazaar targeting those Indians with a global palate and a wallet to match. Pantaloon will open the first 4,500 sq. ft store in Select Citywalk mall, an upscale new shopping mall in […] ↓ Read the rest of this entry…
NEW DELHI: Bharti Enterprises on Monday said it is in talks with real estate developers including DLF, Unitech, Parsvnath and MGM for space for its retail venture. “As a retailer our job is to go and talk to real estate players who have got land bank. We are talking to many players including DLF, Unitech, […] ↓ Read the rest of this entry…
barcode overview There are many different types of barcode, often referred to as barcode symbologies. These have evolved in different places for different uses, but all have the common purpose of encoding a string of characters as a set of bars and spaces. The barcode you need will depend on what it is you need […] ↓ Read the rest of this entry…
New Delhi: The government may open up the $330-billion retail market in the future after being convinced that ‘kiranas’ (small grocery stores) will not be affected by big retailers. Minister of State for Food Processing Industries Subodh Kant Sahai said the Department of Industrial Policy and Promotion (DIPP) has engaged an agency for an in-depth study […] ↓ Read the rest of this entry…
New Delhi: Over five lakh ICICI-Big Bazaar credit card holders will be asked to migrate to Future card to be introduced by the Future Capital Holdings (FCH), a financial arm of the Kishore Biyani-led Future Group, after obtaining written consent. “We plan to migrate all holders of this card to Future card,” said the draft […] ↓ Read the rest of this entry…
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