Ajay Modi &Amp;Amp; Karan Choudhury

Stories by Ajay Modi &Amp;Amp; Karan Choudhury

Zomato to rejig top brass as investors look for change

Zomato to rejig top brass as investors look for change

Rediff.com   7 Jun 2018

Company says it is just replacing old guard with stronger leaders

India gets first automated vehicle recycling unit

India gets first automated vehicle recycling unit

Rediff.com   5 Jun 2018

The five-acre facility, set up by M&M through a joint venture with government owned company MSTC, went on stream in April this year

Brand Nissan loses out as carmaker focuses on Datsun

Brand Nissan loses out as carmaker focuses on Datsun

Rediff.com   5 Jun 2018

Irrespective of the recent performance of Datsun, Nissan is ready to put more resources behind it.

Retail's technology therapy to counter 'Amazon Effect'

Retail's technology therapy to counter 'Amazon Effect'

Rediff.com   4 Jun 2018

With expectations of customers changing and demand for seamless, uninterrupted shopping increasing, tech companies are now using this fear of becoming irrelevant as a sales pitch to sell their products to traditional retailers.

Maruti Suzuki beats rivals on sales and profit per car sold

Maruti Suzuki beats rivals on sales and profit per car sold

Rediff.com   4 Jun 2018

The edge that Maruti Suzuki enjoys over Hyundai and other rivals stem primarily from its gigantic scale, reports Ajay Modi.

Toyota, Suzuki firm up India collaboration

Toyota, Suzuki firm up India collaboration

Rediff.com   2 Jun 2018

Toyota's India unit will also source two cars manufactured by Maruti Suzuki, the Baleno and Brezza, including their hybrid variants, and in return Toyota will offer its Corolla sedan to Maruti.

SUVs drive the bottomline of auto majors in India

SUVs drive the bottomline of auto majors in India

Rediff.com   27 May 2018

For players like Toyota Kirloskar and Ford, the contribution of UVs to overall sales is now well over 60%.

Audi ups the game in India with luxury electric vehicle plans

Audi ups the game in India with luxury electric vehicle plans

Rediff.com   24 May 2018

German Car maker Audi plans to offer cars that can do 400 km on a single charge, says Ajay Modi.

Amazon readies plan to take on Walmart in India's retail space

Amazon readies plan to take on Walmart in India's retail space

Rediff.com   17 May 2018

While the talks are still at a preliminary stage, sources said major retail players had held discussions with Amazon

Paytm may process Rs 60,000 cr in monthly bank transfers by end of 2018

Paytm may process Rs 60,000 cr in monthly bank transfers by end of 2018

Rediff.com   14 May 2018

Using the app, bank transfers can be done from/to any bank account, making it easier to make payments at no charge. Even non-KYC Paytm users can avail the facility.

Post Walmart deal, Flipkart will likely build a $1 bn M&A warchest

Post Walmart deal, Flipkart will likely build a $1 bn M&A warchest

Rediff.com   8 May 2018

Readying its game plan, the Bengaluru-based e-commerce giant plans to renew talks of investments in various companies such as Swiggy, BookMyShow, Pepperfry, UrbanClap

How Google stands to gain from the Flipkart-Walmart mega deal

How Google stands to gain from the Flipkart-Walmart mega deal

Rediff.com   7 May 2018

Google will be able to co-relate data from the first click to the final delivery of product. This kind of knowledge is invaluable, something which even Amazon does not have.

Why retailers are rattled by Walmart-Flipkart deal

Why retailers are rattled by Walmart-Flipkart deal

Rediff.com   6 May 2018

Sellers, especially the smaller ones, are planning to go to court as well as move CCI as they fear that Walmart could bring multiple private labels in India and flood the e-commerce platform with its own products.

Why Toyota is shifting to petrol-only cars

Why Toyota is shifting to petrol-only cars

Rediff.com   5 May 2018

The narrowing gap between petrol and diesel prices, an uncertainty around the future treatment of vehicles and low resale price of diesel cars are some of the apparent reasons for the strategy shift

Now, our netas won't be able to influence us through Facebook

Now, our netas won't be able to influence us through Facebook

Rediff.com   27 Apr 2018

The social media giant promised that news and views will be checked for veracity and pejorative content will be weeded out.

Tech majors seek more time to implement RBI's data onshoring order

Tech majors seek more time to implement RBI's data onshoring order

Rediff.com   21 Apr 2018

Many of India's fintech entities and banks have stored all their customer data in India; however, many do use foreign servers, for operations, providing services and for data analytics.

Why Sunil Munjal is keen to acquire Fortis

Why Sunil Munjal is keen to acquire Fortis

Rediff.com   17 Apr 2018

According to Munjal, there is an opportunity for somebody who comes from a not for profit background in health care to do something.

No sharing users' financial data with Facebook, says WhatsApp

No sharing users' financial data with Facebook, says WhatsApp

Rediff.com   14 Apr 2018

Its statement also said Facebook does not use WhatsApp payments information for commercial purposes.

Kolkata's Taj Gateway Hotel fails to repay loans; lands at NCLT

Kolkata's Taj Gateway Hotel fails to repay loans; lands at NCLT

Rediff.com   12 Apr 2018

Rooms at this Kolkata hotel are priced between Rs 7,000-8,000 per night. Gateway is a full-service upscale hospitality brand under the Taj Group of Hotels.

Tata Motors dethrones M&M; reclaims top spot in LCVs

Tata Motors dethrones M&M; reclaims top spot in LCVs

Rediff.com   10 Apr 2018

The Mumbai headquartered company also overtook Japanese carmaker Honda to occupy the fourth spot in domestic passenger vehicle market.