Younger brother Surendra wants to re-invest his share in real estate and education
While the first half of the year saw India's e-commerce market shrinking, the success of Diwali sales will boost the sector beyond last year's benchmark
Flipkart and Myntra, together, post higher sales than Amazon
Good pay hikes, positive macroeconomic factors and the taming of inflation have had a positive effect on purchases
Draft prospectus to be filed next week; second trust, with Panchshil, in a few months
Pallon has already joined the boards of some of the unlisted companies such as Afcons
With Ola Corporate, aims to provide services to 10,000 firms by next year
The latest trigger has been Future group's buyout talk with the retail unit of Andhra Pradesh Chief Minister Chandrababu Naidu's family-owned Heritage Foods
Assocham estimates offices are facing staff crunches of 15 to 25 per cent with the various strains of fever.
The mobile wallet player plans to add more Chinese sellers to its e-commerce platform and boost technology for its soon-to-be-launched payments bank
Paytm, which recently hived off its e-commerce and payments bank businesses into separate companies, would use these fresh funds to bolster the two businesses
Future Group said customer acquisition costs, fulfilment costs and other expenses in e-commerce add up to 50 per cent of overall business costs, making it unviable
Canada Pension Plan Investment Board has stringent processes and systems, which are proving to be a stumbling block
No longer an in-house task; hiring legal eagles is now becoming norm for M&As, fundraising
Alibaba is playing a big role in helping to train the senior management of the upcoming Paytm Payment Bank
Retailer bodies to demand govt action against I-Day sales offers, threaten legal action for breach of FDI rules.
The company has a network of 4,000 distributors, 10,000 stores and 100 mega marts.
Most e-commerce firms offer aggressive discounting and freebies, with specific purchases.
Patanjali Ayurved, founded in 2007 by yoga guru Ramdev, is targeting Rs 10,000-crore (Rs 100-billion) revenue in 2016-17
Industry experts said the major pain point would be tax collection at source, which would create a rift between sellers and e-commerce companies.
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