This debut marks a significant moment for Indian luxury—a seamless fusion of timeless craftsmanship and modern accessibility, set to redefine how fine jewellery is discovered, admired, and owned in the digital age.

A Legacy Goes Live

Crafted at the legendary Sabyasachi Calcutta atelier, the online boutique will house the largest digital collection of the designer’s coveted Fine Jewellery to date. Each piece is a testament to the House’s ethos: refined, rooted, and timeless.

The collections are all crafted in 18 carat gold, using VVS-VS EF colour brilliant-cut diamonds, natural pearls, precious gemstones, and the unmistakable Bengal Tiger insignia—a Sabyasachi signature.

A Curated Glimpse into the Boutique

The Royal Bengal Heritage Gold Collection
Features the classic Sabyasachi Mangalsutra, with pure gold interpretations of the Bengal Tiger motif.

The Royal Bengal Diamond Collection
A high-luxe edit of diamond-studded heirlooms, complete with natural gemstones and intricately set charms.

The Royal Bengal Pearl Series
A poetic play of natural, cultured, and South Sea pearls, celebrating elegance in its purest form.

The Sunderbans Collection
Inspired by nature, this line evokes floral and faunal motifs, merging ancient craft with modern storytelling.

Tiger Stripe, Shalimar & Tiger Eye
Contemporary classics featuring gold lacquer, enamel artistry, and diamond-dusted Bengal Tigers.

Expect earrings, bracelets, pendants, and rings designed not just for special occasions, but for everyday elegance.

Crafted with Soul, Priced with Integrity

“Our pricing isn’t aspirational; it’s grounded,” says designer Sabyasachi Mukherjee, Founder & Creative Director of Sabyasachi Calcutta.
“This jewellery remains everything you’d expect from the House of Sabyasachi: integrity, craftsmanship, and lasting value. With this digital boutique, we’re bringing the soul of the atelier into people’s homes.”

Luxury Meets Digital Access

For Tata CLiQ Luxury, the partnership is a proud addition to its growing portfolio of world-class luxury experiences.

“This collaboration with Sabyasachi brings together two icons of Indian luxury,” says Gopal Asthana, CEO, Tata CLiQ Luxury.
“We’re making heritage accessible—not just to urban centres but also to discerning customers in Tier 2 and Tier 3 cities. The fine jewellery collection enhances our curated offering with timeless Indian artistry.”

The digital boutique offers personalised shopping assistance, where trained experts help customers choose pieces that reflect their story—be it a wedding heirloom, a personal indulgence, or a meaningful gift.

Now Live: India’s Most Iconic Jewellery, Just a Click Away

As digital luxury becomes more experiential, this launch stands as a shining example of how craftsmanship and e-commerce can coexist without compromise. The platform goes beyond transaction—it promises discovery, emotion, and elegance.

“We’re ready to see our jewellery create new stories in new homes,” says Manish Chopra, CEO, Sabyasachi Calcutta LLP.
“This is a new chapter, and it’s one that stays true to everything the brand stands for—quality, value, and emotion.”

Shop the collection exclusively on luxury.tatacliq.com
Boutique goes live: August 21, 2025

The post Sabyasachi Launches Its First Fine Jewellery Boutique on Tata CLiQ Luxury appeared first on NRI News.

To meet these rising expectations, more D2C brands and sellers are actively seeking fast, reliable, and cost-effective delivery solutions. While not aiming to match the ultra-fast timelines of quick-commerce platforms, D2C brands are accelerating the fulfillment of orders placed on their websites or marketplaces.

To support this growing demand for faster deliveries, logistics management platform Shipway has enhanced its services to include same-day, next-day, and hyperlocal delivery options across major metro cities, including Delhi, Mumbai, Bengaluru, and Pune.

With these new offerings, brands can now choose between standard e-commerce delivery (2–3 days) or opt for expedited same-day and next-day options. Orders placed before a morning cut-off time qualify for same-day delivery, while those placed before 5 PM are eligible for next-day delivery—both within and between cities. Since January 2025, Shipway has achieved a 94% success rate for its next-day delivery service.

By leveraging a robust multi-courier network of hyperlocal partners, Shipway is now also facilitating hyperlocal deliveries, effectively bringing physical stores closer to the customer’s doorstep.

Saurabh Kumar Choudhary, Chief Business Officer at Shipway, said: “More brands are recognizing the value of faster delivery. Customers are increasingly expecting quick fulfillment, and when brands meet these expectations, it leads to higher conversion rates and improved customer loyalty. Fast deliveries also drive impulse purchases and help reduce return-to-origin (RTO) incidents, ultimately improving operational efficiency. At Shipway, we’re committed to enabling businesses, big or small, with better, faster, and competitively priced delivery solutions.”

Shipway will continue to expand its same-day, next-day, and hyperlocal delivery services to additional locations in the coming months

The post Shipway Revolutionizes Same-Day Delivery for D2C Brands appeared first on NRI News.

NEW DELHI: Walmart today announced that its supplier development program, Walmart Vriddhi, has achieved its goal of empowering more than 50,000 MSMEs over five years. Launched in December 2019, the program provides free training, mentoring, and digital tools to help businesses grow, scale, and integrate into domestic supply chains. The program reached this milestone well ahead of schedule.

The program, together with Walmart’s program partner, Swasti, offers local suppliers the chance to access training, mentoring, and business advice while tapping into Flipkart’s platform expertise. The digital training provided to MSMEs covers crucial aspects of business management such as finance, marketing, workforce management, and environmental sustainability. This empowers entrepreneurs to establish successful and sustainable business models while contributing to employment opportunities in local communities.

The program is accessible across India and has played a pivotal role in connecting MSMEs in key centers such as Moradabad and Agra (Uttar Pradesh), Panipat (Haryana), Bhopal (Madhya Pradesh), Surat (Gujarat), Guwahati (Assam), and Tirupur (Tamil Nadu). This connection with consumers nationwide is also achieved through collaborations with the respective state governments. The Walmart Vriddhi graduates who have already been integrated into the Flipkart Marketplace, have witnessed approximately 55% growth Y-o-Y.

Jason Fremstad, Senior Vice President, Supplier Development, at Walmart, said, “Empowering MSMEs is at the heart of Walmart’s commitment to fostering inclusive economic growth. I commend the 50,000+ Walmart Vriddhi graduates for their unwavering dedication to the initiative. The rapid growth they have achieved stands as a testament to the program’s robust curriculum, effective delivery, and the valuable partnerships forged at every step. We eagerly anticipate these businesses reinvesting in their communities, generating new jobs, stimulating local value chains and economies, and acting as catalysts in India’s burgeoning economy.”

Rakesh Krishnan, Vice President and Head of Marketplace at Flipkart said, “Flipkart’s mission is to create opportunities for sellers to thrive in the digital age. The Walmart Vriddhi program has significantly enhanced Flipkart’s capacity to serve as a preferred platform. It has enabled first-time sellers to establish connections and reach buyers across the country, democratizing eCommerce on a large scale and setting off a chain reaction that contributes to more livelihoods and greater prosperity.“

Joseph Julian, Program Director, Swasti said, “Swasti is honored to be a partner in digitizing and empowering over 50,000 MSMEs through the Walmart Vriddhi program. The program underscores the vital importance of comprehensive support systems for entrepreneurs. We are proud to contribute to this significant endeavor and committed to supporting MSMEs through our unique learning modules that are designed to equip them with essential skills for sustainable growth in today’s business landscape.”

Shri Narayan Rane, Minister of Micro, Small and Medium Enterprises of India, said, “As India advances towards achieving a $5 trillion economy, a substantial portion of this growth will be driven by a competitive and productive MSME sector, catalyzing economic expansion and job creation. The government actively supports the promotion and development of the MSME sector across all states.” He further added, “Initiatives like the Walmart Vriddhi program play a pivotal role in facilitating the digital transformation and growth of MSMEs. I extend my congratulations to the Walmart and Flipkart team for providing over 50,000 Vriddhi graduates with the opportunity to unlock market opportunities.”

The following success stories of a few Walmart Vriddhi graduates exemplify the program’s role in scaling their businesses and achieving success:

Ishita Jolly, Business Development Manager, (manufactures high-quality aluminum foil and butter paper), New Delhi said, “Established in 2008 as a traditional family business, Europhil adapted to the rise in online shopping post-COVID-19. Our digital journey reached a turning point with the transformative partnership with Walmart Vriddhi in 2023. The program provided crucial insights into online business strategies, enhancing our presence on platforms like Flipkart. This knowledge led to a remarkable 15% revenue growth, showcasing the significant impact of the Walmart Vriddhi association on our business.”

Vikalp Maithil: Co-founder, of Pavika Organics (Cold pressed oils), Bhopal, Madhya Pradesh said, “Our venture, Pavika Organics, found its true potential with the Walmart Vriddhi program. Joining in April 2022, we experienced a dramatic 40% increase in sales, largely attributed to the program’s mentorship. It guided us in areas like marketing, finance, and brand value. The highlight was onboarding onto Flipkart, which expanded our reach beyond Madhya Pradesh and led to a tenfold sales increase in 2023. The program not only facilitated business growth but also empowered us to navigate the eCommerce landscape effectively.” 

Prerna Agarwal: Founder, of Samakhya Sustainable Alternatives (Handcrafted lifestyle products), Bikaner, Rajasthan said, “Embarking on the Walmart Vriddhi program in 2023 was a transformative step for Samakhya. The program’s holistic mentorship enabled me to refine our business strategies and train my team effectively. It helped articulate the unique standpoints of our two brands and enhanced our operational efficiency. The emphasis on rural visibility and supply chain improvements was invaluable. Notably, the journey from zero to significant sales figures on platforms like Flipkart, and the expansion of our network to include over 3000 artisans and farmers, are testaments to the program’s effectiveness in propelling Samakhya’s growth and impact in social entrepreneurship.” 

The post Walmart Vriddhi Empowers 50000+ MSMEs To Join Retail Supply Chains Through Digital Training And Mentorship appeared first on NRI News.

The project will be carried out in two phases. Phase 1 will cover a market assessment, feasibility study, and business plan addressing the competitive landscape based on outcomes of the market assessment and a 5-year financial model and sensitivity analysis. Phase 2 will cover the development of the Pavilion platform, including the interface and content.

The IsDB Institute is leading the project in partnership with EZ2Business, a business consultancy company that provides expert advice and builds custom solutions to address business transformation.

Dr. Sami Al-Suwailem, Acting Director General, of IsDBI, stated that the Islamic Finance Knowledge Pavilion Marketplace is not just a platform but also a catalyst for creative collaboration within the Islamic finance industry and the development landscape. He added that the initiative has the potential to create enduring value for all stakeholders.

The project aligns with the IsDB Institute’s strategic objective to provide fintech knowledge solutions to the Islamic finance industry to support sustainable development in IsDB Member Countries and worldwide.

The IsDB Institute is the knowledge beacon of the Islamic Development Bank Group. Guided by the principles of Islamic economics and finance, the IsDB Institute leads the development of innovative knowledge-based solutions to support the sustainable economic advancement of IsDB Member Countries and various Muslim communities worldwide.

For more information about the project, please contact Mr. Yazan Alsayed (yalsayed@isdb.org) or Mr. Mohamad Naamani (mnaamani@isdb.org).

The post Islamic Development Bank Institute Launches Islamic Finance Knowledge Pavilion Marketplace appeared first on NRI News.

UNITED STATES: The Federal Trade Commission (FTC) and 17 state attorneys general have filed a lawsuit against Amazon, alleging that the online retail giant is a monopolist that uses anticompetitive and unfair strategies to illegally maintain its monopoly power. The lawsuit alleges that Amazon’s ongoing pattern of illegal conduct blocks competition, allowing it to wield monopoly power to inflate prices, degrade quality, and stifle innovation for consumers and businesses.

The complaint alleges that Amazon violates the law not because it is big, but because it engages in a course of exclusionary conduct that prevents current competitors from growing and new competitors from emerging. By stifling competition on price, product selection, and quality, and by preventing its current or future rivals from attracting a critical mass of shoppers and sellers, Amazon ensures that no current or future rival can threaten its dominance.

The FTC and its state partners say Amazon’s actions allow it to stop rivals and sellers from lowering prices, degrade quality for shoppers, overcharge sellers, stifle innovation, and prevent rivals from fairly competing against Amazon. Amazon’s far-reaching schemes impact hundreds of billions of dollars in retail sales every year, touch hundreds of thousands of products sold by businesses big and small, and affect over a hundred million shoppers.

“Our complaint lays out how Amazon has used a set of punitive and coercive tactics to unlawfully maintain its monopolies,” said FTC Chair Lina M. Khan. “The complaint sets forth detailed allegations noting how Amazon is now exploiting its monopoly power to enrich itself while raising prices and degrading service for the tens of millions of American families who shop on its platform and the hundreds of thousands of businesses that rely on Amazon to reach them. Today’s lawsuit seeks to hold Amazon to account for these monopolistic practices and restore the lost promise of free and fair competition.“

The FTC and states allege Amazon’s anticompetitive conduct occurs in two markets—the online superstore market that serves shoppers and the market for online marketplace services purchased by sellers. These tactics include anti-discounting measures that punish sellers and deter other online retailers from offering prices lower than Amazon, conditioning sellers’ ability to obtain “Prime” eligibility for their products on sellers using Amazon’s costly fulfillment service, and biasing Amazon’s search results to preference Amazon’s own products over ones that Amazon knows are of better quality.

“We’re bringing this case because Amazon’s illegal conduct has stifled competition across a huge swath of the online economy. Amazon is a monopolist that uses its power to hike prices on American shoppers and charge sky-high fees on hundreds of thousands of online sellers,” said John Newman, Deputy Director of the FTC’s Bureau of Competition. “Seldom in the history of U.S. antitrust law has one case had the potential to do so much good for so many people.”

The FTC and states allege Amazon’s anticompetitive conduct occurs in two markets—the online superstore market that serves shoppers and the market for online marketplace services purchased by sellers. These tactics include:

• Anti-discounting measures punish sellers and deter other online retailers from offering prices lower than Amazon, keeping prices higher for products across the internet. For example, if Amazon discovers that a seller is offering lower-priced goods elsewhere, Amazon can bury discounting sellers so far down in Amazon’s search results that they become effectively invisible.
• Conditioning sellers’ ability to obtain “Prime” eligibility for their products—a virtual necessity for doing business on Amazon—on sellers using Amazon’s costly fulfillment service, which has made it substantially more expensive for sellers on Amazon to also offer their products on other platforms. This unlawful coercion has in turn limited competitors’ ability to effectively compete against Amazon.

Amazon’s illegal, exclusionary conduct makes it impossible for competitors to gain a foothold. With its amassed power across both the online superstore market and online marketplace services market, Amazon extracts enormous monopoly rents from everyone within its reach. This includes:

• Degrading the customer experience by replacing relevant, organic search results with paid advertisements—and deliberately increasing junk ads that worsen search quality and frustrate both shoppers seeking products and sellers who are promised a return on their advertising purchase.
• Biasing Amazon’s search results to preference Amazon’s own products over ones that Amazon knows are of better quality. 
• Charging costly fees on the hundreds of thousands of sellers that currently have no choice but to rely on Amazon to stay in business. These fees range from a monthly fee sellers must pay for each item sold, to advertising fees that have become virtually necessary for sellers to do business. Combined, all of these fees force many sellers to pay close to 50% of their total revenues to Amazon. These fees harm not only sellers but also shoppers, who pay increased prices for thousands of products sold on or off Amazon.  

The FTC, along with its state partners, is seeking a permanent injunction in federal court that would prohibit Amazon from engaging in its unlawful conduct and pry loose Amazon’s monopolistic control to restore competition. Connecticut, Delaware, Maine, Maryland, Massachusetts, Michigan, Minnesota, New Jersey, New Hampshire, New Mexico, Nevada, New York, Oklahoma, Oregon, Pennsylvania, Rhode Island, and Wisconsin joined the Commission’s lawsuit. The Commission vote to authorize staff to file for a permanent injunction and other equitable relief in the U.S. District Court for the Western District of Washington was 3-0

The post FTC and 17 State Attorneys General Sue Amazon for Illegally Maintaining Monopoly Power appeared first on NRI News.

The mega carnival will usher in the country’s festive season, uniting millions of customers, sellers, MSMEs, and Kirana delivery partners across India under one platform. With a steadfast commitment to innovation and value creation at its core, this year’s TBBD will ignite the festive spirit with a wide array of exciting offerings and engagements.

The Big Billion Days has evolved into a grand festival that unites millions of people across India, transcending boundaries and backgrounds. The Big Billion Days stand testament to the power of e-commerce in driving inclusivity, enabling growth for the ecosystem at large, the opportunity for job creation that it presents, and delivering value to millions of customers.

• The Big Billion Days 2023 will be live for every shopper from 8 to 15 October, with early access for Plus customers on 7 October
• ‘Sale Price Live’ (SPL) kicked off the festive fervor on 27 September to help Flipkart marketplace sellers generate incremental sales, offering the best value to customers as a trailer to the Big Billion Days
• Flipkart kicks off the festive celebrations, bringing in lakhs of sellers, Kirana delivery partners, and MSMEs from across the country together for an inclusive festive season
• Over 1.4 million entrepreneurs, including Flipkart Samarth sellers, encompassing artisans, weavers, women, and self-help groups (SHGs), are set to participate in the Big Billion Days
• Never before deals on 500+ D2C brands across a range of categories
• ICICI Bank, Axis Bank, and Kotak Mahindra Bank to enable 10% instant savings to make shopping convenient for customers
• Through Flipkart Pay Later, customers can avail credit up to Rs 1 Lakh
• Personal loans of up to Rs 5 Lakhs at an interest rate of 12.5% per annum can be availed by customers from the Banking partners on the platform
• Continued investment to provide a safe shopping experience through the ‘Open box delivery’ on select high-value products
• ‘Lowest price lock’ feature allows customers to lock in the best deals in advance and avail great offers during BBD
• ‘Virtual try on’ and a new ‘Brand Mall’ experience to make shopping for fashion and lifestyle categories more exciting
• Access to cutting-edge technology and an immersive experience with unique affordability options for smartphones
• Flipkart VIP Subscription Program can be availed at a membership of Rs 499 to avail numerous rewards in select cities
• Wide range of deals and offers on products across group companies, including Flipkart Health+, Flipkart Wholesale and ClearTrip
• Flipkart Wholesale will bring forth unique offers for its kirana members while also strengthening its operations and value proposition
• Flipkart Home Services will be accessible at unique prices starting at Re.1/-
• New affordability paradigms such as No-Cost EMI and Pay Later available on ClearTrip

Speaking about the 10-year Big Billion Days milestone that has been consistently redefining the way India shops, Kalyan Krishnamurthy, CEO – Flipkart Group, said, “The Big Billion Days this year is a special one, not just for Flipkart, but for the entire ecosystem, as we step into this milestone 10th year. This growth story is one that transcends across our growing seller network, MSMEs, brands, kirana partners and Samarth programme – creating numerous jobs and promoting inclusion in the digital economy at large. Over the years, the Indian e-commerce industry has witnessed exponential growth, fueled by the country’s growing digital infrastructure. It gives us immense pride to play a pivotal role in India’s growth story while enabling digital commerce.  The Big Billion Days has evolved into a grand festival that unites millions of people across India, transcending boundaries and backgrounds. The Big Billion Days stand testament to the power of e-commerce in driving inclusivity, enabling growth for the ecosystem at large, the opportunity for job creation that it presents and delivering value to millions of customers.”

Flipkart has introduced several path-breaking technologies to create an enhanced shopping experience, including generative AI-powered conversational assistant ‘Flippi,’ an interactive short-video browse experience ‘Vibes,’ and a one-to-one video assistance feature. The integration of augmented reality (AR) and virtual reality (VR) capabilities allows customers to visualize products in real-life settings for better purchase decisions.

Flipkart has onboarded an extensive seller network to enable access for all, surpassing a milestone of over 1.4 million sellers, with a 27% year-on-year growth in sellers. Innovative tech interventions, such as AI-powered cataloging, enhanced seller experience, streamlined onboarding process, simplified listing, and more, bolster Flipkart’s commitment to empowering Indian entrepreneurs and driving digital adoption.

Value and affordability pave the way to an elevated customer experience, with ICICI Bank, Kotak Mahindra Bank, and Axis Bank offering 10% instant savings on Credit Card, Debit Card, and EMI transactions. Flipkart Axis Bank Credit Card offers customers 5% instant savings and 5% unlimited cashback on all festive season purchases. Assured savings on Paytm UPI and wallet, no-cost EMI facility for Bajaj Finserv EMI Network Cardholders, and credit and debit cards from leading banks for a wide range of products are also available.

Flipkart VIP Subscription Program will offer a host of differentiated features, including early access, 5% cashback on SuperCoins (up to 300) on all purchases, and an extra 5% savings using SuperCoins on all products. At an annual membership fee of Rs.499/-, members will get free same-day and next-day deliveries, instant customer support, and faster returns.

Flipkart Home Services will offer essential home services such as repair, installation, and maintenance at unbeatable prices starting at Re.1/- in select cities. Customers across metro cities will also get to enjoy the benefit of same-day doorstep mobile repair services provided by FHS.

The festive celebrations this year will be joined by some of India’s most-loved celebrities, including Amitabh Bachchan, Alia Bhatt, and Allu Arjun. Flipkart has created lakhs of jobs in the ecosystem while empowering generations of entrepreneurs and MSMEs. Flipkart is known for pioneering services such as Cash on Delivery, No Cost EMI, and Easy Returns, which are customer-centric innovations that have made online shopping more accessible and affordable for millions of Indians.

The post Flipkart’s Big Billion Days 2023 Marks a Decade of Innovation, Affordability, and Job Creation appeared first on NRI News.