Chief minister BS Yediyurappa has been exploring revenue opportunities, and plans to also auction off plots of land in and around Bengaluru to mobilise funds. The revised retail prices will take effect Thursday. The CM has, however, spared beer and wine.

The company, which has a portfolio of more than 50 beer brands including Stella Artois, Corona and Harbin, reported quarterly revenue of $956 million, down from $1.6 billion last year.

Assam finance minister, Himanta Biswa Sarma said, “We had an informal discussion with these states and we may increase the tax on liquor. Tomorrow we are having a cabinet meeting in Assam and a decision in this regard will be taken.”

The five southern states of Andhra Pradesh, Telangana, Tamil Nadu, Karnataka and Kerala together consume as much as 45 per cent of all liquor sold in the country, the report by Crisil said. While Tamil Nadu and Kerala top the list in revenue percentage terms at 15 per cent each, for Kerala the tax on liquor is its single largest revenue source.

According to an official statement, the government released a web link - www.qtoken.in - where people will be designated specific time for purchasing liquor after they fill personal details. The e-tokens will be sent on the mobile phones of the registered persons, it said.

The move came after Future group firms defaulted on loans taken against the pledged shares of Future Retail in March, which also impacted its share price.

Following instructions from Excise Minister Ram Naresh Agnihotri, principal secretary (excise) Sanjay R Bhoosreddy said that a rate higher than the fixed MRP cannot be charged by liquor vendors under any circumstances.

The Supreme Court refused to pass any orders to this effect, but suggested that it could be a better alternative than the chaos which has followed the government decision to open liquor shops during the lockdown.

The High Court passed the interim order on Friday as a result of the blatant violation of the conditions that the court had prescribed under which liquor shops could function. These conditions included adhering to social distancing norms while also deploying additional staff to manage the crowd.

Under the e-token system, customers are given specific time for purchasing alcohol so that there is no violation of social distancing norms by people queuing up outside liquor stores.

On a yearly basis, the Kolkata-based company's share price, which stood at Rs 1127.35, as of January 1, 2019, has gained around 55.32 per cent.

"Similar to others in the marketplace, approximately half of Nike-owned stores have been temporarily closed," while it is "experiencing lower than planned retail traffic in stores that do remain open."

Every year, leather shoes worth over Rs 3,000 crore are exported to European countries from Agra. The US and several African countries are also important destinations for Agra footwear, say industry sources.

The outbreak that has infected over 24,000 people and killed nearly 500 in mainland China has forced many stores and factories to close and airlines to cancel flights.

Dutch news agency ANP, citing an internal email, reported overnight that the office in Hilversum would be disinfected. The employee was staying home in isolation for 14 days, it said.

Founded in 2017 by Taran Chhabra and Amar Preet Singh, Neeman’s is a sustainable shoe brand that uses completely natural, renewable, recyclable and chemical-free materials to reduce the carbon footprint.

The donation will impact a number of countries in Europe, Latin America, Africa, Asia-Pacific, including India.

The pandemic is also likely to catalyse the shift to e-commerce.

Women’s share in the activewear category has gone up for sports brands such as Nike, Reebok, Adidas and Puma because of an increase in their participation in sports and other activities such as running, yoga, pilates and Zumba.

The brand will expand into Hyderabad, Goa, Kochi, Pune and Mysuru next year by introducing products through a mix of exclusive and multi-brand outlets, Xtep India director Vijay Chowdhary said at an event here organised in memory of US-born boxing legend Muhammad Ali.

Sportswear makers say sales in tier II and III towns have grown exponentially in the last few years and contribute a sizable percentage of their revenue now.

"Our business activity in Greater China has been around 85 percent below the prior year level since Chinese New Year on January 25," Adidas said in a statement.

Puma operates 365 owned stores in India, and over the past three years, has signed up cricketer Virat Kohli, boxer Mary Kom, footballer Sunil Chhetri and actress Sarah Ali Khan to endorse its products.

According to the company, Puma's collaboration with the Indian cricket captain saw a massive rise in sales in FY2019 with sales through One8 accounting for almost 10 per cent of its overall sales, and cementing the leadership position by a wider margin.

Vatika has leased this space to French firm Decathlon, which is into retailing of sports goods, at its project 'Shopper's Village INXT' in New Gurugram, Haryana.

In a letter to the brand’s business partners, Bjorn Gulden, global CEO of Puma SE, announced Ganguly’s elevation in the company adding that that he will continue to work out of Puma’s India head office in Bengaluru.

China accounted for 20% of Adidas sales in 2018. It sells its products from about 12,000 stores in China, most franchises plus fewer than 500 of its own stores. Almost a fifth of its shoes and apparel are produced in the country.

"We would like to wholeheartedly apologise. We have paid our landlords the rent for April." Adidas, which made a net profit of nearly two billion euros ($2.2 billion) in 2019, has been hard hit by a slump in Chinese sales and store closures around the world.

​​The Bluetooth-enabled smart sunglasses by Titan’s eyewear division will allow users to listen to music with 8-hour playtime. An in-built mic will give access to Siri and Google assistant and allow hands-free calling.

“Sales in all divisions in the second half of December were also impacted to some extent due to forced store closures due to the protests in the North East and in many other parts of the country,” the company said in a stock exchange filing on Saturday.

“We certainly expect FY21 to better than FY20, because we are going to work smarter and harder on many things that we need to do. But at the same time, we are prepared for a situation which is going to be very-very tough.”

Jewellery remains the main business of the company, generating most of its operating profit (EBIT). It added 34 jewellery stores in the first nine months and plans to add another 16 by the end of the fiscal taking the total store count to 337.

The watchmaker will form a development centre in Hyderabad with HUG in hardware, firmware, software and cloud technology and has appointed the company's founder Raj Neravati to head technology for wearables at Titan Company.

According to the company, each piece will have features such as front quick-access pockets, anti-theft zippers, mesh back padding and multiple spacious compartments found throughout the collection.

​Chumbak founder Vivek Prabhakar will continue as head of marketing and digital, and co-founder Shubhra Chaddha will continue to head product and design.

The unpredictable resurgence of vinyl has rekindled an interest in physical sonic structures. Gilles Azzaro’s “Macrogroove” realises the idea of a three-dimensional sonogram. It is a 3D printed ‘audio coding’, which is played by a laser beam, scanning the form →

The elderly Viv notices our presence and invites us to sit in her kitchen, right there in front of her, where she can see us. Thus began the interactive video experience “The Visit“, born from the collaboration of the artist →

Duke University Press, ISBN-13: 978-0822368687, English, 288 pages, 2019, USA

Eidsheim starts this book by introducing ‘the acousmatic question’ (“who’s this, who’s speaking?”) to discuss the dichotomy between a sound and its source before and →

Italian artist and teacher Giacomo Verde passed away today. Video artist and activist he has explored the use of electronic and digital video image in theatre and performances. Among the highlights in his career he collaborated with Van Gogh TV →

Bloomsbury Academic, ISBN-13: 978-1501333774, English, 208 pages, 2019, UK

This is the second (revisited edition) of one of the first books addressing sound art as such, attempting through a diversified research a consistent and universal →

Industry watchers say wholesalers are holding back stocks of popular phone models in anticipation of a price rise by the month-end as production in China slows; brands as yet unaware of complaints.

“There are supply issues for several brands. There is no clarity when the situation will normalise,” said Nilesh Gupta, director at Vijay Sales, a leading electronics retailer in Mumbai and New Delhi. “If it doesn’t get corrected fast, we may move into a stock-out situation from next month.”

Due to an 'abundance of caution' as the coronavirus threat loomed, Apple closed all retail stores, corporate offices and contact centres in Mainland China. Last week, Apple warned that coronavirus outbreak will affect its business in the January-March quarter as worldwide iPhone supply will be temporarily constrained

Apple reopened 38 Apple stores which were temporarily closed after the epidemic, state-run China Daily reported. Only four stores remain closed.

The decision was taken in the 39th GST Council meeting chaired by finance minister Nirmala Sitharaman. The move was made to correct the inverted duty structure. ​

The industry body represents 1.50 lakh mobile retailers who may be unable to pay their monthly instalments and interest towards credit cards, vehicle loan, home loan and business loans taken by them. A similar letter highlighting the concerns of the mobile retailers was also sent to non-banking finance companies (NBFCs).

Industry bodies Manufacturers’ Association of Information Technology (MAIT) and India Cellular & Electronics Association (ICEA) have written to the government seeking concessions in the delivery of smartphones among other electronics devices and removal of restrictions on the movement of components for inland and export purposes.

“We would appreciate it if the Finance Ministry could approach the RBI or the respective authorities to direct NBFCs and Banks to waive off DBD (dealer by down) and MDR (merchant discount rate) charges to retailers on paper finance and on digital transactions for at least 6 months post lockdown,” All India Mobile Retailers Association said in a letter to finance minister Nirmala Sitharaman.

Handset makers and offline traders have urged the commerce and home ministries to allow the sale and service of mobile devices and its accessories through offline stores in the country.

All India Mobile Retailer Association (AIMRA), which represents 1.5 lakh such retailers across the country, wrote to commerce minister Piyush Goyal to not consider mobile handsets as essential items.