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DUTY FREE STORE
Why Trump's tariffs had plenty of bark, but limited biteDonald Trump's tariffs, once feared to cripple markets, have had a surprisingly muted impact, with actual levies lower than headline rates....- Assembly Luggage: Redefining Premium Travel, Designed in IndiaAssembly is redefining premium travel gear by designing in India for practical Indian travel realities. Catering to over 103,000 travellers...
- Organised jewellers seen sustaining growth despite 80% surge in gold prices: NuvamaIndia's jewellery sector anticipates strong growth. Weddings and festivals are driving demand, even with high gold prices. Retailers report...
- Hormuz halt forces Middle East trade into huge rewiringA year after a US-Israel and Iran conflict, Siemens Energy explored alternative routes to Dammam, Saudi Arabia, due to potential Strait of ...
- Titan's big wager on the premiumisation boom now rests on watches priced above ₹25,000Titan is significantly increasing its focus on premium watches. The company anticipates that timepieces priced above Rs 25,000 will soon ac...
- Open MSP procurement, storage to private sector: StarAgri CEOStarAgri CEO Amith Agarwal advocates a bigger private-sector role in MSP procurement and storage to boost efficiency, warehousing capacity,...
- Onion farmers seek Rs 10,000 crore revival package, stable export policy from CentreMaharashtra onion farmers are facing a severe financial crisis. They are urging the central government for a special Rs 10,000 crore reviva...
- Gold demand drops 70% after sharp duty hike in IndiaDemand fell to about 7.5 tonnes in the fortnight ended May 27 from around 25 tonnes a year earlier, according to industry estimates. The go...
- Soaring inflation and plummeting economy test Iran's ability to withstand war and US blockadeIran faces severe economic hardship due to war and US sanctions. Prices for essentials like food and medicine have surged. Job losses and b...
- Adani Airports, MakeMyTrip launch duty-free pre-booking service for international travellersInternational travellers can now pre-book duty-free items before reaching the airport. Adani Airports and MakeMyTrip have partnered to offe...
- Piccadily's Indri Single Malt introduces exclusive red wine cask whiskey for Mumbai duty freeIndri Single Malt has launched a limited-edition Red Wine Cask expression for its City Series, exclusively available at Ospree Duty Free in...
- Delhi airport's duty free store starts online 'click and collect' serviceThe duty free store at the airport is run by Delhi Duty-Free Services, a JV of the DIAL, Aer Rianta International and GMR Airports Ltd. Onc...
- Do not reduce liquor quota to 1 from 2: ACI to IndiaAirports Council International (ACI) Asia-Pacific has also requested India to not reduce the quota of liquor bottle that an international f...
- One-stop shop: How Delhi Duty Free Services is changing the face of travel retailDelhi Duty Free Services opened its new duty-free shops after renovation at Delhi International Airport's Terminal 3.
- No GST on sales at duty-free stores, says Allahabad High CourtThe ruling is similar to the one by Karnataka high court where in case of Flemingo Duty Free Shop.
- Flemingo Travel Retail gets Sebi nod for Rs 2,600 crore IPOThe company had filed its draft papers with Sebi in February and received its "observations" on June 22.
- Flemingo Travel Retail files IPO papers with SebiAccording to merchant banking sources, the IPO size is estimated to be Rs 2,600 crore.
- Duty-free shops at airports in non-metro cities like Amritsar, Jaipur, etc see uptick in bizMore Indian travellers are buying at duty-free stores in local airports instead of overseas, attracted by discounts and a growing range of ...
- Attracted by discounts and growing range of spirits, more travellers are buying at duty-free stores in airports“Privatisation of airports, too, has led to a large-scale change in the business. Also, tastes and preferences of Indian travellers are fas...
- Companies bet on duty-free shops to encash festive seasonMakers of liquor, tobacco and cosmetics are making an aggressive beeline for duty-free shops, to cash in on the festive season.
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