'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.
It hopes to leverage the growing number of mobile transactions
For the four new players, the spike in wealth is 126 per cent.
'He still has to deal with party norms and traditions and has been careful to follow the order of seniority,' points out Claude Arpi.
Traders were up in arms, fearing huge job loss if Walmart was to enter.
Paytm is just embarking on building a TaoBao like entity in India, it may want to address a challenge that the latter faced a few years after its launch.
'Saying that Snapdeal is not doing well is beyond premature. Suggesting that someone has won or lost is myopic.'
As football fans arrive to watch Euro 2016, France's trade unions have undertaken a series of strikes to provoke a make-or-break situation. Claude Arpi encounters both Gallic beauty and ugliness in the country of his birth.
'We are against Alibaba investing in Paytm.' 'We are against the concessions given to Paytm.' 'In fact, we want Paytm to close down because of its alliance with Alibaba.'
Reliance chairman Mukesh Ambani has moved 2 ranks ahead this year on the most powerful list.
What was the need for Xi Jinping, general secretary of the Chinese Communist Party, President of the People's Republic of China and Chairman, Central Military Commission, to don the new role of Commander in-Chief? Does this mean that the most powerful Chinese leader since Mao faces numerous threats from within the Communist Party?