Author name: eastindia_retail

Weave Me More Dreams: A Legacy of Tradition and Craftsmanship

At Weave Me More Dreams, every thread woven tells a story of tradition, passion, and a profound love for handloom textiles. Founded by Irene Chhangte, an alumna of the National Institute of Fashion Technology (NIFT), New Delhi, Weave Me More Dreams is a proof to her lifelong dedication to reviving traditional skills and designs in …

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A Bold Move in India’s Competitive Food Delivery Market with ONDC Support

Can Ola Disrupt the Zomato–Swiggy Duopoly? The food delivery market in India is more competitive than ever, with Ola, supported by the Open Network For Digital Commerce (ONDC) platform, making a bold move. ONDC, a government-backed initiative, aims to level the playing field by challenging the dominance of major players. Ola is taking advantage of …

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Delhivery Prepares to Launch 2-Hour Delivery Service to Capitalize on Rapid Growth in Quick Commerce

Delhivery is gearing up to offer 2-hour delivery services as part of its strategy to tap into the rapidly growing quick commerce sector. The logistics powerhouse aims to establish a network of multi-tenant dark stores to enhance delivery speeds for eCommerce businesses, targeting 2-4 hour fulfillment times. This micro-fulfillment strategy is becoming more popular as …

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West Bengal Makes Major Strides in Global Investment: Key Meeting with Industry Leaders

West Bengal Makes Big Strides in Attracting Global Investment: A Major Meeting with Industry Leaders! Last Friday, Hon’ble Minister Babul Supriyo welcomed a distinguished group of executives from some of the world’s most prominent companies, including Grant Thornton Bharat LLP, Oracle, Amazon, Wipro, RSM, Cognizant, Capgemini, IBM, Northern Trust, Cargill, Kimberly-Clark, and Frauscher Sensor Technology …

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Finance Minister Nirmala Sitharaman Unveils Union Budget for FY25

Finance Minister Nirmala Sitharaman presented the Union Budget for FY25. The budget emphasizes employment, skills development, and support for MSMEs, while noting that inflation is stable and progressing towards the 4% target. Key highlights include: The standard deduction for salaried employees will increase to ₹75,000 from ₹50,000 under the new income tax regime for FY25. …

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Revolutionizing Retail: The Major Transformation of the Online Shopping Landscape

The future of online shopping is set for a major transformation. Now, the landscape has evolved dramatically. Several emerging trends are poised to revolutionize how we shop, sell, and engage with customers online. Here are the key trends expected to shape the industry in 2024: 📌  Social Commerce: Social media platforms like Instagram and Facebook …

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Unveiling Tata’s Misbu: A Strategic Blueprint for Dominating the Beauty Market

Tata’s Misbu: A Blueprint for Beauty Market Success Tata’s entry into the beauty sector with Misbu echoes its triumph with Zudio. The strategy involves applying its fast-fashion model to the cosmetics field. By utilizing its vast retail network and in-depth knowledge of Indian consumers, Tata aims to shake up the beauty market. Misbu’s appeal is …

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MapmyIndia Issues Legal Notice to Ola, Accusing Use of Data for Ola Maps Development

Map my India has issued an intellectual property legal notice to Bhavish Aggarwal‘s Ola, accusing the ride-hailing company of using its data to develop Ola Maps as reported by Forbes. Ola Maps serves as the in-house navigation and location service for Ola. Map My India is owned by CE Info Systems. The complaint alleges that …

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Kolkata Airport to Undergo ₹5,000-Crore Expansion, Marking a Major Transformation

Kolkata Airport is set to undergo a significant transformation with an Rs 5,000-crore expansion plan. The project will introduce a new integrated terminal for both domestic and international travellers, designed to handle 1.1 crore passengers annually. Construction will begin next August with the demolition of the old domestic terminal and air traffic services building. According …

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Removal of Angel Tax and Revision of Section 56 of the IT Act: A Major Boost for Domestic Companies and Investors

The proposed removal of the Angel tax, specifically the revision of Section 56 of the IT Act, represents a major advancement for domestic companies and investors. Initially introduced to prevent value manipulation among resident taxpayers, the tax was later extended to non-residents, raising significant concerns within the industry. Angel tax, as outlined in Section 56(2)(viib) …

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