e retail

India is set to significantly expand its ethanol dispensing stations, with 500 planned by December and 5,000 by 2027, to boost flex-fuel vehicle adoption. This initiative, marked by the launch of Maruti Suzuki's WagonR flex-fuel car, aims to reduce fuel imports. The government is implementing supportive measures including pricing incentives and infrastructure development.

India has launched E85 fuel in Delhi, priced significantly lower than regular petrol. This new ethanol-blended fuel, containing 85% ethanol, is currently compatible with only three specific motorcycle models and a yet-to-be-launched car. The government plans a substantial expansion of E85 dispensing stations across India in the coming years.

Bihar is taking a major step towards skill-based higher education with the introduction of apprenticeship-embedded degree programmes in nine colleges. The courses will allow students to combine academic studies with hands-on training, strengthening industry-academia collaboration and enhancing employment opportunities after graduation

IIM Ahmedabad's PGP Class of 2027 has concluded its summer internship placements. All 410 participating students secured roles across diverse sectors. Consulting firms led the hiring, followed by BFSI and consumer goods. Major companies from technology, conglomerates, and retail also recruited. Mumbai emerged as the top internship location. A few students pursued entrepreneurship instead of placements.

Walmart shareholders rejected a proposal urging the retail giant to report on AI's impact on employee well-being. The investor group United for Respect sought details on how Walmart measures AI's effects on jobs, pay, and training. Despite Walmart's significant AI investments, the company stated existing disclosures suffice, leading to the proposal's defeat.

A new 120-metre-wide VIP route is planned near Noida International Airport. This route will improve connectivity to the airport and key economic areas. It is expected to boost property demand in residential, commercial, and industrial sectors. This infrastructure development will enhance livability and attract new investments. The Yamuna Expressway region is becoming a prime real estate destination.

Blaupunkt has launched its new Rock & Roll Rave Party Speaker, boasting 100 watts of power and advanced German engineering for deep, impactful bass. This high-performance speaker features dual 6.5-inch woofers, a Bass Boost button, dynamic neon lighting, and up to 12 hours of playtime. It also includes a custom-tuned wired karaoke microphone and is available for Rs 9,990.

Stock market recommendations: Shriram Finance, Cummins India are the top stocks that Motilal Oswal Wealth Management Research Desk has recommended for the week starting June 8, 2026. The brokerage has also shared target levels and possible upside.

India is accelerating its ethanol drive, planning to establish 5,000 ethanol fuel stations by the end of 2027 to reduce fossil fuel imports. This initiative, alongside the launch of flex-fuel cars, aims to cut the country's $120 billion import bill and boost farmer income. Regulatory changes are also proposed to support higher ethanol blends and other alternative fuels.

Analysts are bullish on Reliance Industries, citing strong refining and petchem performance, with new energy businesses a future catalyst. Lenskart receives an outperform rating, poised for growth in India's eyewear market. BEML's order book offers visibility despite recent EBITDA pressure. ITC faces a significant tax hike on cigarettes, impacting near-term earnings and market share.

France has slapped a hefty €22 million fine on fast-fashion giant Shein for alleged consumer protection violations concerning order confirmations and product returns. While regulators cite breaches, Shein disputes the severity, calling the penalty disproportionate and plans to fight the decision. This action highlights increased European scrutiny on online marketplaces.

MRP violations, sales beyond designated hours & stalling closure in prohibited zones, Tasmac refuses to fall in line

Plans New Products & Eyes New Applications

World Bicycle Day on June 3

Amazon Web Services (AWS) is empowering retailers with Agentic Shopping Assistant (ASA), a new AI tool inspired by Alexa for Shopping. This allows businesses to create personalized conversational shopping experiences, boosting customer engagement and sales. Retailers can now deploy custom AI assistants tailored to their brand and products, enhancing product discovery and recommendations for shoppers.