To operate large wholesale markets and imports.
The demand for a Joint Parliamentary Committee probe into disclosures by retail giant Walmart on lobbying in India was made by several members in the Lok Sabha on Tuesday.
Among the options being weighed are discounts on existing rentals, short-term deferrals, and 50 per cent waivers.
This year's list includes 40 influential people under 40 years of age in five categories -- finance, technology, healthcare, government and politics, and media and entertainment.
Facebook CEO Mark Zuckerberg has said steps taken by the social media giant have helped protect the integrity of more than 200 different elections around the world, including in India, and have also played an important role in stopping abuse ahead of US elections.
The Spanish government has been accused of curbing proof linking footballers and tennis stars to a disreputable doctor who will go on trial in Madrid next week and has been described as a 'one-man Wal-Mart' of doping, according to a report in an English daily.
Amazon on Sunday won an interim award against its partner Future group selling retail business to Reliance Industries for Rs 24,713 crore after a Singapore-based single judge arbitration panel put the deal on hold. Amazon had dragged Future to arbitration after the Kishore Biyani group firm had agreed to sell businesses to billionaire Mukesh Ambani's Reliance.
As India gets ready to roll out one of the largest vaccine programmes, billionaire Mukesh Ambani on Tuesday said his group is working with authorities to provide technology tools and backbone for mass inoculation against COVID-19. Ambani's telecom venture Jio was rolled out four years back, offering free voice calling and dirt-cheap data. Today, Jio is India's largest telecom operator with over 400 million users, each connected to the internet. At a Facebook event, Ambani said the government's digital push kept the country running even during the pandemic and is now helping in the rollout of one of the largest vaccination programmes.
There have been at least 1,641 cases of the virus in the Gulf region. Dubai has postponed its March boat show until November and Abu Dhabi postponed the ITU World Triathlon event this month, after earlier cancelling a cycling event in which two riders were diagnosed with the virus.
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.
The central government has asked public sector undertakings to dissuade their employees from participating in the bandh.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
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 company has a network of 4,000 distributors, 10,000 stores and 100 mega marts.
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.
'This encourages escapism through the politics and economics of nationalism, made worse by tribalism or nativism, the package accompanied inevitably by the erosion of institutional bulwarks and therefore State capture by powerful businessmen,' notes T N Ninan.
Oil giant Exxon Mobil beat Wal-Mart Stores to become America's largest corporation.
Kataria, 49, an IIT-XLRI alumnus, was quick to implement a number of initiatives during the Covid-19 crisis including launching D2C initiatives such as mobile stores, WhatsApp messaging, video calling and home deliveries. Kataria was also swift to recognise that stay-at-home consumers were keen to buy informal rather than formal footwear, launching new collections quickly to take advantage of this trend, says Viveat Susan Pinto.
Multiple triggers such as asset sales, pickup in energy cash flows, increased traction in omni-channel retail, and rise in ARPUs could further drive the stock.
At the heart of the matter are revenue-share rental agreements that retailers are mooting over fixed-rent contracts that they say are unsustainable, given the revenue loss they've suffered during the lockdown.
Retail giant Walmart has the world's largest number of employees.
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.
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.
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.
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.
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.
Despite some manufacturers giving the Expo a miss, there will still be plenty of action.
'We are having an outsize impact not only on the lives of the customers and livelihood, but also the economy of India.'
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.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
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.
