Govt e-Marketplace reports 7.4% fall in transactions

Government e-Marketplace GeM is a dedicated e-Market service platform, a National public procurement portal, governed by Government of India for marketing different goods and services. State-run public procurement platform Govt e-Marketplace (GeM) recorded a 7.4% decline in transactions in FY26, with gross merchandise value (GMV) at Rs 5 lakh crore, compared with Rs 5.4 lakh…

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Amazon pares Fresh as it pushes quick delivery

Bengaluru: Amazon is preparing to scale down its 4-24 hour grocery delivery service, Amazon Fresh, in several major Indian cities as it sharpens focus on its quick commerce offering, AmazonNow, according to a UBS Global Research report.The transition is expected to play out across 10-15 large urban markets where AmazonNow is being expanded, effectively replacing…

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GCC demand surges: Foreign firms lease record 9.1 mn sq ft office space in Jan-Mar; India cements global hub status

Foreign firms leased a record 9.1 million square feet of office space across India’s top nine cities during the January-March quarter to set up Global Capability Centres (GCCs), highlighting strong demand for workspaces, PTI reported citing CBRE data.Real estate consultant CBRE said total gross leasing of office space rose 5% to 20.7 million square feet…

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