Kumar Rahul

All stories by Kumar Rahul

From the brink to recovery, India's retail sector pins hope on 2021

From the brink to recovery, India's retail sector pins hope on 2021

Rediff.com29 Dec 2020

With an epic battle of billionaires for supremacy in one of the world's most prolific markets and a pandemic-propelled surge in online shopping in the background, India's nearly trillion-dollar retail market is hoping to touch 85 per cent of the pre-COVID business in the first half of the New Year. In a year when the COVID-19 carnage ripped apart the retail business, circa 2020 will best go down for the unravelling of the war between Jeff Bezos, the world's wealthiest man, and richest Indian Mukesh Ambani for pre-eminence in the booming market that is estimated to reach $1.3 trillion by 2025. It all started with Ambani's Reliance Industries agreeing in August to buy assets of the nation's second-largest retailer for Rs 24,713 crore, just a year after Bezos' Amazon purchased an indirect stake in the indebted Future Retail.

Now Jio plans to cover 99% of India's population by Diwali

Now Jio plans to cover 99% of India's population by Diwali

Rediff.com27 Feb 2018

As part of its expansion plans, Jio has announced the roll-out of Internet of Things (IoT) services in association with Samsung, which will help consumers and enterprises.

FMCG learns Maggi lessons, eyes 2016 to regain lost ground

FMCG learns Maggi lessons, eyes 2016 to regain lost ground

Rediff.com17 Dec 2015

Having learnt their Maggi lessons hard way in 2015, the FMCG sector is desperately looking for a brighter new year with hopes pinned on revival in rural demand.

Mahindra lists factors that can boost investment in India

Mahindra lists factors that can boost investment in India

Rediff.com14 Jan 2015

New projects will boost investment in India, says Anand Mahindra.