What you need to know to deal with tighter regulations, activist shareholders and the crackdown on CEO salaries.
Mukesh Ambani's Reliance group has struck acquisition deals worth $4.2 billion with a dozen companies in just two years to expand its retail business. The latest purchase was of a majority stake in Justdial for Rs 3,497 crore. Elaborating on his acquisition strategy a few weeks ago during the AGM, Ambani stated that one of the key planks would be to acquire businesses that enhanced Reliance's offerings and experiences to customers and that they would be both physical and digital.
Former European Footballer of the Year Ruud Gullit has been appointed Frank Yallop's successor as coach of Los Angeles Galaxy. The 45-year-old Dutchman previously coached Chelsea, Newcastle United and Feyenoord.
With new signing David Beckham looking on from the sidelines, the struggling Los Angeles Galaxy were thumped 3-0 by Mexican club Tigres UANL in a friendly on Tuesday.
The England midfielder joins a struggling Galaxy side that has won only three of its 12 league games so far this season.
The company reportedly in talks with a dozen firms overseas for an acquisition.
David Beckham, who has been hampered by an injured left ankle for the last two months, expects to make his first start for Los Angeles Galaxy in their SuperLiga semi-final against D.C. United on Wednesday.
David Beckham made his long-awaited debut for Los Angeles Galaxy in front of a capacity crowd when he came on as a substitute in the 78th minute of Saturday's exhibition match against Chelsea.
David Beckham's new side LA Galaxy have been dismissed as a pub team by English reporters who watched their 3-0 loss to Mexican side Tigres in a friendly.
Four new retailers from US, two from Germany may have shown interest in setting up shop in India.
Forex dealers said besides continued demand for the American currency from importers, increased capital outflows by foreign funds kept pressure on the rupee.
The suspect, a 29-year-old man identified as Saifullo Saipov, of Uzbek descent, was shot in the stomach before being arrested.
Saipov was charged with providing material support to the Islamic State group and violence and destruction of motor vehicles.
Physical format stores are here to stay.
Did top Indian business groups miss the e-commerce opportunity by focusing on replicating the Walmart model instead of following the Amazon model of online shopping?
As many as 29 people have been injured in an explosion that rocked New York's busy and upscale neighbourhood also frequented by tourists, authorities said about the "intentional act", hours before world leaders arrive in the city for the high-level UN General Assembly session.
'India missed the software products revolution (and now is in danger of missing the platform revolution), complacent that we are the software experts of the world based on IT services prowess,' points out Rajeev Srinivasan.
A national cyber crime and coordination centre meant to fend off such attacks is still awaiting approval
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