Besides Jeff Bezos-led Amazon, Walmart-owned Flipkart is also facing a threat from Asia's richest man and RIL chairman Mukesh Ambani, who is also betting big to grab a share of the country's e-commerce market.
Historically, Indian stocks trade at earnings multiple of 17-18 times. At current prices, the earnings multiple for the Sensex is 26 times.
A look at the pictures.
Does the rally reflect expectations of improving fundamentals or they are likely to correct?
Baahubali Director S S Rajamouli's next... R Madhavan in hospital... All this and more in Subhash K Jha's Bollywood Buzz.
The short-term target for Sensex is at 13,900, and for Nifty is at 4,000.
'I agree Hinduism is misrepresented and there is a need to correct the image. But the question is how to go about it?' asks Harvard Professor Michael Witzel.
Dempo's Ranty Martins, who was top scorer with 14 goals in the National Football League, was awarded the golden boot award along with a cash prize of Rs 50,000.
Ruchir Sharma on the market potential over the next 12 months
Dried up liquidity, interest rate hikes and the resultant slump in consumption may slow down economic growth in the near term, according to the JM Morgan Stanley report for November 2005.
J M Morgan Stanley and UBS Securities have suggested that Reliance Communication Ventures has surpassed Bharti Airtel in terms of average usage but had lower revenue per subscriber.
The rain claimed the life of a eight-year-old girl, who was crushed to death when a portion of her hut collapsed early on Tuesday.
The growth in imports was led by product categories such as diagnostic items, ultra-sonogram machines, MRI and ECG apparatus, syringes with needles, suture needles, digital thermometers, malaria diagnostic kits, and hearing aids.
Amid lowering of bank deposit rates and falling yields from traditional investment vehicles like gold and real estate, investors are fast shifting to financial assets. The MF sector is emerging a clear beneficiary of this trend.
Is Rangoon a hit or a flop? Find out...
Nimesh Kampani of JM Morgan Stanley believes that a good quality IPO would always get a response from investors.
but it had a mixed view on the new tax proposals burdening the capital market.
The hits and misses of the week.
FIFA presidential candidate Sheikh Salman bin Ebrahim Al Khalifa has signed an amended version of an Amnesty International pledge to end human rights abuses and corruption in the sport should he win election to soccer's top job later this month.
Start-ups have begun looking at ways to conserve cash.
Technology stocks are likely to lead the decline in this market.
Flipkart faces intense competition from larger global rival Amazon and local rival Snapdeal.
The Tata Consultancy Services offer price of Rs 775-900 is attractive from a long-term perspective.
Fidelity's head of investment strategy defends his lengthy portfolio and explains his approach.
This is the largest outflow after 44 years.
'FDI is not a big issue because Indians are in now a position to raise big money.'
Images from the FA Cup matches played on Saturday
'I think we will win the game if our GDP grows at 7.5 to 8 per cent,'\nsays stockmarket legend Nimesh Kampani.
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