American online retailer Amazon.com Inc has sent a legal notice to Future Group, alleging that the sale of the retailer’s Rs 24,713 crore assets to Reliance Industries violated an agreement with the e-commerce giant. “We have initiated steps to enforce our contractual rights,” said a spokesman for the Seattle-based e-commerce …
Read More »Coronavirus | What made Koyambedu, Chennai’s popular wholesale complex market, a COVID-19 access point?
[ad_1] The story so far: Koyambedu, Chennai’s popular wholesale market, is now the epicenter of the largest group of the new coronavirus disease (COVID-19) in Tamil Nadu. Keeping the large expanding market open in the midst of an epidemic, with little or no precautionary measures, has been costly for the …
Read More »More stores expected to open, but confusion reigns, retailers say
[ad_1] The Indian Retail Association (RAI) said it will have to be seen how it works on the ground as there is confusion, and many states have yet to come up with guidelines for following the Center’s decision. You have already stated that what constitutes markets could be misinterpreted. Similarly, …
Read More »Lockdown 3.0: More stores expected to reopen, but confusion reigns, retailers say | India News
[ad_1] NEW DELHI: Retailers and merchants expect to reopen more stores starting Monday under new relaxed government guidelines for the extended shutdown period through May 17, although they still seek clarity from local authorities. The Indian Retail Association (RAI) said it will have to be seen how it works on …
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