Seeking to put pressure on the government on the Walmart lobbying issue, the Bharatiya Janata Party on Tuesday said it was determined to raise the matter in both Houses of Parliament and seek suspension of Question Hour.
Faced with tough competition and a slow economy, hypermarkets run by retail biggies are outdoing each other with price challenges, aggressive discounts and combo offerings for the Independence Day sales.
The Obama Administration is encouraged by recent steps taken by the governments of India and Pakistan to initiate closer trade and commercial ties.
The Border Security Force has ordered court martial proceedings against eight of its personnel after a video of their stripping, kicking and beating a Bangladeshi national along the India-Bangla border in West Bengal's Murshidabad district surfaced recently. The personnel, according to BSF chief Utthan K Bansal, were found prima facie "guilty" after a court of inquiry was conducted into the incident, which took place early in January.
Oil giant Exxon Mobil beat Wal-Mart Stores to become America's largest corporation.
Despite some manufacturers giving the Expo a miss, there will still be plenty of action.
Jio's global partnerships took shape this year when Jio Platforms, a 100 per cent subsidiary of Reliance Jio which has invested in various digital platforms, was able to woo a bevy of marquee investors: Facebook, Google, Qualcomm, Intel, and a numerous PE funds.
In order to determine whether this would be sound strategy for them, one needs to look at two issues: One, on the alliances being built globally between telcos, on one hand, and cloud service firms, on the other, especially with the advent of 5G; and two, how their business strategies in India will blend into with such a deal.
Retail giant Walmart has the world's largest number of employees.
Five to six issues may hit the market if Chalet Hotels's IPO is successful and if there are no negative surprises in the Union Budget on February 1.
Out of 11 companies that got listed in 2019, nine have outrun the market by gaining more than 10 per cent against their respective issue price.
Reliance Retail, which started in 2006, runs over 1,000 stores across 86 cities.
Bihar Deputy Chief Minister Sushil Modi tells Business Standard that foreign direct investment (FDI) in retail will cause job losses and the state doesn't want it. Edited excerpts:
NASA's new rover blasted off for an eight-month, 570 million-km journey to Mars.
In India, it is markets that sustain the farmers and not subsidies. We are therefore importing a failed model from America.
The Union Cabinet on November 24 approved 51 per cent FDI in multi-brand retail paving the way for global giants like WalMart to open mega stores in cities with population of over one million.
Although Walmart-Flipkart wholesale game-plan is to target about a $150 billion market out of a total pie of $700 billion in the country, the consolidation marks the end of the multi-brand dream of the American retail giant.
The number of participating automakers has fallen from 50 in 2018 to 30 this year. The count of exhibitors, including technology companies, has come down from 119 to 112. And showstopper luxury and supercar brands, including Toyota, Jeep, Lamborghini, Porsche, and Volvo will be missing. Similarly, the commercial vehicle makers also gave the show a miss -- a prolonged economic slowdown has dented their fortunes and near chances of any recovery.
Walmart is happy with its current partnership with Bharti.
India on Friday moved closer to a major economic reform, with a committee of secretaries (CoS) giving an approval in principle for allowing up to 51 per cent foreign direct investment in multi-brand retail.
Apart from digital advertising revenue, both companies want to reach out to the 'next billion' Indian customers. After all, around half of the 1.3 billion population is still not on the net and this represents a challenge as well as an opportunity.
If you do not know much about Kasimbazar, I would not hold it against you; after all it has a population of only 10,000 and lies in one of the most neglected corners of the state of West Bengal.
Here's how she is linked to the most talked about Oscars speech of the year.
Bharti-Walmart, the joint wholesale retail venture between Bharti Enterprises and the world's largest retailer Wal-Mart Stores Inc of the US, unveiled its sustainable agricultural programme at Haider Nagar village, near Malerkotla in Punjab.
DMart's everyday low pricing model is being replicated aggressively by most players (online as well offline retailers), compelling the firm to keep prices down significantly.
Jyoti Dey, known as J Dey in Mumbai's journalism circle, was one of the leading crime reporters in the city. He was shot dead by suspected members of the underworld near his residence at Powai on Saturday afternoon.
'Virtual is the new Ritual and my mind often wonders: Did it have to take a microscopic inert organism to bring families closer?'
A slew of Indian firms, including Flipkart, Byju's and Zomato, is building a path to profitability and diversifying into newer business segments ahead of mega-IPO plans.
Domestic chains rejoice at Cabinet's in-principle nod to 51% cap, most of them call it a positive development.
Ramnik Narsey, the new chief, had joined the retail giant in May 2013.
The company's market valuation stood at Rs 10,972 crore in morning trade.
Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
Almost eight months after Noel Tata stepped down as managing director of Trent, retail arm of the Tata Group, the company said it had appointed Philip Auld as chief executive officer.
While festive season spends by consumers did contribute to the uptick seen in Q3, experts said greater aggression displayed by retailers to corner a larger share of the shopper's wallet also worked.
Tuesday's dastardly ambush of Naxals at Dantewada, which claimed the lives of 75 CRPF jawaans and policemen who were on their return path from an overnight search operation, raises many unanswered questions. Rediff.com's Sheela Bhatt speaks to local journalists, politicians as she tries to bring forth the flipside of the massacre.
Pacer Hamish Bennett picked a career-best four-wicket haul as New Zealand trounced Kenya by 10 wickets in a totally lop-sided World Cup Group A encounter in Chennai on Sunday.
NRI billionaire LN Mittal is among the front runners for a committee being set up to improve ethical behaviour of crisis-ridden Goldman Sachs, says a media report.
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