Thursday, May 23 2019 | Time 08:41 Hrs(IST)
image
  • CONGRESS PRESIDENT RAHUL GANDHI LEADING FROM UP'S AMETHI
  • Man charged in Australia after being found with bomb-making materials in backpack
  • Counting begins in all 11 seats of Chhattisgarh
  • SP PATRIACH MULAYAM SINGH YADAV LEADING FROM UP'S MAINPURI
  • UPA CHAIRPERSON SONIA GANDHI LEADING FROM RAE BARELI
  • Counting of votes begins in Gujarat
  • Counting begins for two LS seats in Meghalaya
  • Xiamen Airlines demands compensation from Boeing for grounding 737 MAX Jets - Reports
  • Counting begins in Bengal at 8 AM
  • Counting of votes begins in MP
  • Venezuela's Maduro accuses Opposition Leader Guaido of stealing Citgo oil refiner
  • Counting for two seats begins in Manipur
  • Counting for 17 LS seats begins in Telangana
  • NARENDRA MODI LEADING IN POSTAL BALLOTS COUNTING IN VARANASI
  • Counting of votes for 14 Lok Sabha seats of Jharkhand kick starts
Business Economy


DLF holds first ever New Retail Summit in Delhi

New Delhi, Mar 25 (UNI) Real estate major DLF on Sunday hosted the first ever
New Retail Summit here in collaboration with the PHD Chambers and Signcatch.
The Indian Retail Industry has emerged as one of the most dynamic and fast-paced
industries in modern India's history. Providing a play-field to several new players, it
accounts for over 10 per cent of the country's Gross Domestic Product (GDP) and around
8 per cent of the employment, the company said.
The sessions highlighted the changing landscapes and disruptive impact of smart technology
on brick and mortar businesses globally and featured various discussion panels with experts
across various sectors. The panellists also focussed on the challenges faced by the retail industry
such as archaic legacy systems, lack of payment infrastructure, etc. as experienced by MSMEs
for expanding their scale.
Pushpa Bector, Chairperson, Retail Committee and EVP & Head of DLF Shopping Malls said,
“There is a pressing need for the retail industry to evolve in order to cater to the rapidly growing
segment of the digitally savvy consumer, who is always connected on social media and
expects a seamless online and offline experience. Thus, laying the foundation for New Retail with
differentiated products, personalized offers, self-service options and end-to-end lifecycle nurturing.”
“The e-commerce industry has revolutionised the retail industry.
Technology is expected to play an integral role in shaping the
industry for the future. Technology enabled innovations like Smart
Stores, Digital Payments, Hyper-local logistics, analytics driven
customer engagement and digital advertisements are expected to be the
drivers for growth within the sector.”
With a beneficial demographic dividend of the world's second largest
young population, an affluent middle class, and rapid urbanisation and
percolation of the internet across all strata, India is viewed as an
attractive global destination within the retail space, the company
added.
UNI SDR AE 1857
More News
SAT asks NSE to give Rs 625 cr to SEBI within 2 weeks

SAT asks NSE to give Rs 625 cr to SEBI within 2 weeks

22 May 2019 | 7:21 PM

Mumbai, May 22 (UNI) The Securities Appellate Tribunal (SAT) on Wednesday asked the National Stock Exchange (NSE) to transfer Securities and Exchange Board of India (SEBI) Rs 625 crore within two weeks in connection with the NSE co-location case.

see more..

Canara Bank launches Facebook and Instagram

22 May 2019 | 7:16 PM

Bengaluru, May 22 (UNI) Public lender Canara Bank, in order to serve and reach out to a larger clientele base, especially the youth, has marked its official presence on two of the most influential social media platforms in India--Facebook & Instagram today.

see more..

Heritage Foods registers revenue growth of 13 07 pc in Q4FY18-19

22 May 2019 | 7:02 PM

Hyderabad, May 22 (UNI) Heritage Foods Limited, one of the leading private dairy players in India, has declared its financial results for the fourth quarter ended March 31, 2019.

see more..

Fifth Smart Cities India Expo inaugurated

22 May 2019 | 6:40 PM

New Delhi, May 22 (UNI) The fifth Smart Cities India 2019 expo, including Transport India, Solar India, Buildings India and Water India expos, was inaugurated by Housing and Urban Affairs Secretary Durga Shanker Mishra on Wednesday.

see more..

Bharti AXA Life Insurance wins FICCI Claims Excellence Award

22 May 2019 | 6:38 PM

Mumbai, May 22 (UNI) Bharti AXA Life Insurance, a joint venture between Bharti Enterprises and AXA, one of the world’s largest insurance companies, has been conferred with the ‘Claims Excellence Award’ by the Federation of Indian Chambers of Commerce and Industry (FICCI).

see more..
image