Mumbai (Maharashtra) [India], May 1 (ANI): Fitch Ratings has downgraded Future Retail Ltd's (FRL's) long-term issuer default rating to 'restricted default' from 'distressed' following the company's announcement that it has completed restructuring of bulk of its onshore debt.
Pune (Maharashtra) [India], April 30 (ANI/NewsVoir): In the last decade, with a rapid advancement of technology and internet in the retail sector, e-commerce platforms have witnessed an enormous growth. Convenience, ease of use, and a vast range of products are some of the reasons why custom
New York [USA], April 30 (ANI): Amazon's profits more than tripled in the first quarter of 2021 as the pandemic continued to boost its online retail, cloud and advertising businesses, reports CNN.
Bengaluru (Karnataka) [India], April 30 (ANI): Global retailer Walmart is mobilising its global resources to further expand support for Covid-19 relief efforts in India.
New Delhi [India], April 29 (ANI): The Competition Commission of India (CCI) has approved the acquisition by Tata Digital of up to 64.3 per cent of Supermarket Grocery Supplies (SGS) and its sole control over Innovative Retail Concepts (IRC), the company that runs BigBasket.
San Jose [California], April 29 (ANI/PRNewswire): Loyalty Juggernaut, Inc. (LJI), the provider of GRAVTY, a next-gen, digital transformation platform for the ecosystem-centric loyalty programs in airline, hospitality, retail, financial services, telco and multi-brand, diversified business gr
Singapore, April 29 (ANI): S&P Global Ratings on Thursday downgraded Future Retail to selective default (SD) on restructuring of onshore debt but kept the issue rating at CCC-minus.
New Delhi [India], Apr 24 (ANI): The rising Covid-19 cases has again raised concerns on asset quality of retail loans from non-banking financial companies (NBFCs) and housing finance companies (HFCs), , according to investment information agency ICRA.
New Delhi [India], April 20 (ANI): Bengaluru-based MyDentalPlan Healthcare said on Tuesday it has secured a seed funding of 700,000 dollars (about Rs five crore) from Safe Planet Medicare LLP to foray into the retail business.
New Delhi [India], April 19 (ANI): The Supreme Court on Monday stayed further proceedings before Single Judge and Division Bench of Delhi High Court in the Amazon-Future-Reliance case.
New Delhi [India], April 17 (ANI): Amid the shortage of the anti-viral drug Remdesivir in the wake of spike in COVID-19 infections in the country, seven major pharmaceutical companies have reduced the maximum retail price (MRP) of the drug on the intervention of the Union government.