Fashion & Retail
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Opportunity India Desk Jul 26, 2022 - 4 min readThe majority of consumers have shown displeasure with the Delhi High Court’s stay on the recent guidelines issued by the Central Consumer Protection Authority (CCPA) prohibiting restaurants and hotels from levying service charge on food bills, a survey by LocalCircles said. Asked about their approach when visiting any restaurant, 70 per cent respondents ...
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Opportunity India Desk Jul 22, 2022 - 3 min readReliance Brands Limited (RBL) has partnered with Valentino to bring most established Italian Maison de Couture in India. Under this partnership, RBL will open its first boutique in the national capital, followed by a flagship store in Mumbai. The first store is due to open by the end of the summer this year, ...
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Opportunity India Desk Jul 19, 2022 - 3 min readUnion Minister of State for Finance Bhagwat Karad said that the beneficiary count has dropped 37 per cent from a mere 473 in the financial year 2020-21 to 298 in FY22 as the INR 20,000 crore Credit Guarantee Scheme for Subordinate Debt (CGSSD) launched in 2020 is yet to attract a sizeable number of potential ...
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Opportunity India Desk Jul 07, 2022 - 3 min readReliance Retail Limited, India’s largest retailer, has entered a long-term partnership with Gap Inc. to bring iconic American fashion brand Gap to India. Through the long-term franchise agreement, Reliance Retail has become the official retailer for Gap across all channels in India. Reliance Retail will introduce Gap’s latest fashion offerings to Indian consumers through ...
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Opportunity India Desk Jun 23, 2022 - 4 min readThe minister of Micro Small and Medium Enterprises, Narayan Rane, has been presented with India’s first comprehensive report on delayed payments to MSMEs. The report uncovers the issue of delayed payments and looks into the impact of this practice on the MSMEs’ survival and growth, supply chains and the overall economy. The report titled, ‘Payment ...
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Opportunity India Desk Nov 18, 2021 - 2 min readSmall Industries Development Bank of India (SIDBI), the principal financial institution engaged in the promotion, financing and development of Micro, Small and Medium Enterprises (MSMEs) has entered into collaboration with Google for having a social impact lending programme with financial assistance up to Rs. 100 lakh at competitive interest rates targeted at micro enterprises. This ...
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Opportunity India Desk Nov 17, 2021 - 2 min readIndia’s first and biggest security market, the Bombay Stock Exchange recently joined hands with the All India Association of Micro, Small and Medium Enterprises to foster the MSMEs and start-ups listing. The exchange stated that this covenant will aid in evaluating Micro, Small and Medium Enterprises and start-ups for listing on the exchange's SME platform ...
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Opportunity India Desk Aug 11, 2021 - 1 min readFour Aces Fashion House Pvt. Ltd., which has the license of Being Human Clothing label, has appointed a new CEO. Multidisciplinary business leader, Sanjeev Rao, who comes with over 27 years of management experience leading strategic growth in the retail arena (apparel, hypermarkets, departmental stores, supermarkets, convenience stores, and entertainment) has joined the clothing company on August ...
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Opportunity India Desk Nov 12, 2020 - 3 min readSeniority, India's largest shopping destination for senior citizens, has launched a bouquet of specialized services for the convenience of its elderly customers. The company has associated with well-known brands to provide a range of essential services like healthcare, senior care, assisted travel, etc. With this move, Seniority aims to become a one-stop holistic ’health and lifestyle ...
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Opportunity India Desk Sep 07, 2020 - 3 min readWith COVID-19 outbreak, the cloud-kitchen and delivery business has seen a boom in the country. Not only top restaurant majors have entered the segment but also many new players ventured into the cloud-kitchen market witnessing a surge in the category. Seeing the growth opportunity that the segment holds, Delhi-based SMART CHEF has announced their expansion ...