Monday, Jan 27 2020 | Time 05:31 Hrs(IST)
image
  • Vernon Philander suffers hamstring injury in final Test appearance
  • Philander fined for breaching the ICC Code of Conduct
  • England in pole position after setting target of 466
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
Singareni aims to reach Rs 50,000cr turnover in next 5-yeas, says SCCL CMD Sridhar

Singareni aims to reach Rs 50,000cr turnover in next 5-yeas, says SCCL CMD Sridhar

26 Jan 2020 | 6:09 PM

Hyderabad, Jan 26 (UNI) State-owned Singareni Collieries Company Limited (SCCL) would reach turnover of Rs 50,000 crore from the present Rs 25,000 crore in coming 5-years, said SCCL Chairman and Managing Director N Sridhar in his Republic Day speech here on Sunday.

see more..

Godrej Group Released an Intriguing Digital Film The Little Things We Do to Commemorate Indias 71st Republic Day

26 Jan 2020 | 6:02 PM

MUMBAI, Jan. 26, 2020 /PRNewswire/ -- The 122-year young Godrej Group has released an intriguing digital film titled #thelittlethingswedo, to commemorate India's 71st Republic Day.

see more..
Healthcare sector says raise allocation, provide low-cost funding for infra

Healthcare sector says raise allocation, provide low-cost funding for infra

26 Jan 2020 | 10:15 AM

New Delhi, Jan 26 (UNI) A healthy India is the first priority for all and for Union Budget 2020-21, the healthcare sector says the allocation to this essential segment should go up and the government should provide low-cost funding and creation of healthcare infrastructure technology upgradation fund among others.

see more..

Universal Sompo General Insurance Company Limited Wins "Golden Peacock Award for Corporate Ethics-2019"

25 Jan 2020 | 11:21 PM

MUMBAI, India, Jan 25, 2020 /PRNewswire/ - Universal Sompo General Insurance Company Limited a Multi-line non-life insurance company has been bestowed with the "Golden Peacock Award for Corporate Ethics-2019" in a Golden Peacock Awards Presentation Ceremony held on Thursday, January 16, 2020, at, Singapore.

see more..

TSGCC achieves Rs 200 Cr turnover in 2019-20 (till Dec’19)

25 Jan 2020 | 7:34 PM

Hyderabad, Jan 25 (UNI) Telangana State Girijan Cooperative Corporation Limited (TSGCCL) has achieved Rs 200.21 crore turnover against Rs 256.89 crore target up to December 2019 of current financial year.

see more..
image