Reliance Retail has launched Reliancefreshdirect.com which will sell fruits, dairy products, vegetables & others in select Mumbai neighbourhoods like South Mumbai, navi Mumbai & Thane. With E-commerce booming in India, Reliance retail’s step shows the emphasis Reliance is having on eCommerce.
This would offer direct delivery to customers along with ease of buying, convenience & great products/services easily. Localbanya.com, bigbasket.com & others are some of the competitors for the reliance venture. All the products available in Reliance Mart & Reliance Fresh would be available through the site.
Tata Group is the India’s most valuable brand followed by LIC, SBI, Airtel & Reliance as per the report from Brandirectory. Tata Group is valued at $21 Billion, LIC $4.1 billion & SBI at $4 Billion. HCL’s brand value has increased moving to 12 th spot from 14th spot in 2013. Govt run companies Among the top 10 are LIC, SBI, ONGC, IOC. Infosys is the top IT company at 9th spot. By investing in branding, customer satisfaction, engagement & other related activities, Indian companies can move up the brand value.
TRAI has released the latest figures for wireless & Wireline subscribers in India for year ending 2013 Dec 31st. Total of 886.30 million mobile subscribers with 28.89 wireline subscribers. There is a monthly growth of 0.59% in Mobile. Share of Urban subscribers is 59.42% & Rural is 40.58%. Total Broadband (> 512 Kbps) subscription is 55.20 million at the end of Dec, 2013. Total phone subscribers is 915.19 million at the end of December 2013.
Mobile Number Portability requests increased from 106.87 million subscribers at the end of Nov, 2013 to 109.37 million at the end of Dec, 2013. The overall Teledensity in India stands at 74.02% for Dec, 2013. Private operators hold 88.73% of the mobile subscriber market share where as BSNL and MTNL, the two PSU operators hold only 11.27% market share.
Interbrand India has unveiled the 30 most valuable Indian brands. For any brand, it is the value it achieves is of paramount importance. Several Indian brands have been popular in India after Independence. With the opening of Indian economy for MNC’s in the 90’s, Indian brands have come a long way. Interbrand’s brand valuation methodology determines the contribution that the brand makes to the business’s results.
Several new & old companies have made it to the top 30 list. The sectors are also varied ranging from telecom, financial services, tehcnology, energy, automotive, FMCG & others. TATA tops the table with $10,907M brand value. Tata is followed by Reliance, Airtel, SBI, Infosys in the top 5 position. Banking powerhouse SBI & other banking giants like Axis bank, ICICI, Bank of Baroda, PNB & Union Bank have made it to the top 30 list.