Amid the noise around multinational retail chains queuing up to enter India comes a calming revelation. According to management consultancy firm A T Kearney, not all retail biggies continue in the new markets that they enter.
Indian players like Tata and Mahindra have low R&D spends (1 per cent and 1.5 per cent of sales respectively) as compared to the global players (about 4 per cent of sales), AT Kearney's 10th Townsend report said.
North American automotive executives have picked India over China as the most popular offshore destination for the migration of business processing activities, according to a new survey.
India has been placed among the top 10 most attractive destinations for foreign direct investment, ahead of Britain and Brazil, at the sixth position in the AT Kearney FDI Confidence Index 2003.
'The belief that FDI will shift from China appears to be a strategy of politicians to keep the media busy, chasing irrelevant news to ward off pressure and questions about the government's plans to deal with COVID,' observes Debashis Basu.
'Reliance on crude oil is still very high. Globally, natural gas is 25 per cent of the energy basket. In India, it has fallen to 6.5 per cent, from 11 per cent in 2014.'
'The easy availability of funds has enabled us to not only hire the best faculty, but has also made it possible for us to retain them with the best possible infrastructure -- labs, grants etc,' Ashoka University VC Malabika Sarkar tells Geetanjali Krishna.
Don't bet everything you have, Lemon Tree's Patu Keswani tells Pavan Lall.
As per the survey, the trade sector that comprises wholesale and retail grew by 4.8 per cent to Rs 14.79 lakh crore (Rs 14.79 trillion) in 2012-13, accounted for 15.8 per cent share in the gross domestic product.
IIM-A saw 36 per cent jump in maximum domestic salary in 2018 placements this year.
Netflix and Amazon Prime gain market share at the cost of Indian platforms Hotstar, VOOT, Jio Cinema.
The latest trigger has been Future group's buyout talk with the retail unit of Andhra Pradesh Chief Minister Chandrababu Naidu's family-owned Heritage Foods
'Unlike Big Bazaar, where the promoter calls the shot, in ABRL, professionals take decisions. So, every new CEO leads to a change in strategy, which confuses vendors and the team.'
The highest domestic package, however, fell 10 per cent
Reliance ADAG, Tech Mahindra among top recruiters at IIM-A
The Chinese billionaire and founder of Alibaba is said to be planning a significant investment in business to business e-tailing as well as payment services and logistics companies.
As fuel prices surged in September, the government's decision to ask companies to cut price by Rs1 each on a litre of petrol and diesel came as a dampner for private players.
The rise of the mall in India, at a time when many in the United States are becoming debt-ridden white elephants.
Indian American Aakash Dalal faces 30 years in jail after being found guilty by a New Jersey jury on charges of vandalising and firebombing North Jersey synagogues five years ago.
Experts said many firms had unbilled assets on their books.
Rediff.com brings you a glance of all the action from the week gone by.
The growth rate could continue for another seven years.
Recent easing of restrictions does not address the pain in the sector.
'There is much scope for ingenuity and inventiveness, and the stakes are very high.'
Wrist bands range from leather and stainless steel to sports models in hues from pink to blue.
Of the 27 projects being monitored, four to five are critical for Mumbai.
Ideas don't have border controls and visas.
Modi government needs to focus more.
Online shopping is becoming an obsession, a distraction and a cause of distress for a rising number of Indians. Are you a Compulsive Online Purchaser?