Sachin Bansal, who had co-founded Flipkart with Binny Bansal in 2007, would exit the company
Steel, cement, aluminum, fertilisers, tractors, two-wheelers, beverages and carbonated drinks, tyres and FMCG could see demand back to near normal levels by the third or the fourth quarter of the financial year, or even earlier.
Oil Minister Dharmendra Pradhan said the new timing of the price change was agreeable to the dealers and so daily price revision will be implemented from June 16
According to a 2013 CLSA report , online retail in India was worth $3.1 billion, or about 10% of the country's organised retail market
'The reason is that you may not enter the branch but you want to see it near you as it establishes trust.'
To give relief to Delhiites, the National Agricultural Cooperative Marketing Federation of India Ltd has started selling onions at Rs 55 a kg through its five retail outlets and two mobile vans in the national capital.
The once-powerful Japanese major is left with little to show in the face of sustained competition from rivals.
Feedback from telecom members indicated a 10 per cent increase in traffic, but no fears of choked networks. Telcos currently use 65-70 per cent of the network capacity. In other words, they have enough additional capacity to handle the new pressure without clogging the system.
The Swadeshi Jagaran Manch has pointed out that these firms pose a threat to domestic manufacturing and retailing as they do not pay relevant taxes such as GST, giving them a huge edge over local players.
A customer wanting to buy a car would have to wait a long time for delivery.
BPCL's impending privatisation and RIL's stake sale to Saudi Aramco raise questions about the future of the West Coast Refinery, once touted as the world's largest.
"All the products that we have announced -- Nokia 3310, Nokia 6, Nokia 5 and Nokia 3 -- will be available in the second quarter of this year in India. Average global selling price for Nokia 3310 is 49 euros," HMD Global Oy Chief Marketing Officer Pekka Rantala said.
While e-commerce operations for these firms are small at the moment, it is slated to grow in the next 3 to 4 years.
RJio will further add bottomline pressures on the already struggling telcos that will ultimately be forced to consolidate
Men and women from mofussil India are buying designerwear either on their laptops or their cellphones.
Tarun Mathur gives a quick low-down on what advantages one can have when buying motor insurance online
High-end brand experiments with EMIs via credit cards to push market share.
A glance back at some of the important ups and down Indian Inc faced in 2018.
With a surge in users and transactions in two weeks, payment wallets step up cashbacks to get more users online.
India's online listing space is witnessing phenomenal growth.
As advertising reaches a cacophonous pitch, as it does every year around this time, brands say they are finding newer and more effective ways to reach their audiences.
"Not a single step has been taken by this government to empower small businesses in India," says Praveen Khandelwal, national secretary general of the Confederation of All India Traders and former treasurer of the Bharatiya Janata Party's Delhi unit.
Private labels remain big business for e-commerce marketplaces. They comprise almost 15 per cent of the total business of such firms.
No financial details were disclosed.
Is the SBI chairman leaving the bank in a stronger and better position than what it was? Abhijit Lele finds out.
With over 200 brands and websites as participants this year, the Google Online Shopping Festival is turning bigger.
Devita Saraf, the founder of Vu Televisions, tells Karan Choudhury why she issued a front page newspaper ad praising Donald Trump last week.
Manu Kumar Jain, India head, Xiaomi, tells Sangeeta Tanwar how the Chinese smartphone maker won over the Indian market.
The idea was that despite some defaults the high rates would assure good profits.
The forthcoming budget is an excellent opportunity for the Government to fulfill its promise of high economic growth.
KV Kamath has had a tough journey so far.
1mg has made buying medicines easy and it aims to do more in online health care.
The sportswear major has picked the activity to encourage a community around it in colleges.
No longer an in-house task; hiring legal eagles is now becoming norm for M&As, fundraising
SBI had a tough journey in the last 40 years.
The deal that promises to make Flipkart a leading force in fashion segment - estimated at Rs 3 lakh crore - came after hectic weekend parleys.
Ashish Pratap Singh wonders if Samsung will meet the same fate as Nokia?
'Jin Jiang had invested in Louvre Hotels.' 'Louvre, a couple of months ago, took a majority in Sarovar hotels.' 'So they are coming in now.' 'Look at the Chinese -- two quarters ago they took 25 percent in Hilton.' And then HNA also took majority in Carlson (Radisson).'
Telecom Secretary J S Deepak has resolved the toughest issues facing the sector, but his real test will be in delivering on the govt's Digital India dream
Indian telecom seems to be getting back on its feet.
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