In a filing with the US Security and Exchange Commission on Friday, Walmart said it would allow the initial public offering of Flipkart in four years at a valuation no less than what it invested in the e-commerce firm, if a grouping of minority shareholders asks for it.
Ajit Issac started as a management trainee at Godrej.
Presenting tips and case studies about innovation, management, leadership, growth, technology and investment.
UPI transactions are growing faster, but wallets remain relevant for those without a bank account and seeking cashbacks.
The Gurugram-based company had acquired Lucknow-based drone manufacturer and consultant start-up TechEagle in December, to expand food delivery using drones
With regard to his investment in Ola, Bansal said that on the one hand, the ride-hailing major had emerged as a global force in the mobility space and on the other it continued to build deeper for various needs of a billion Indians through its platform. This is the largest funding by an individual in the app cab.
Flipkart's value has eroded by a third from a peak of $15.2 billion to as low as $9 billion following several investor markdowns
Few top honchos of India Inc did very well in 2014.
Despite Uber facing a ban across many states, including Karnataka and Maharashtra, for Lingaraju, a driver employed by the company in Bengaluru, it is business as usual.
They encouraged start-ups to pay for acquiring customers rather than focusing on the business fundamentals.
GM India said customers will be able to book the Trailblazer on Amazon.in only from October 21-25, at a reservation deposit of Rs 25,000.
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India is estimated to have 302 million Internet users by December 2014, overtaking the US as the world's second largest online userbase.
If automation is the future, these jobs will surge in 2018.
Vistara'a launch, the steel plant at Kalinganagar and e-commerce venture are the ones most awaited for
Private firms' offer to print Aadhaar details on plastic card a breach of law
Bubbly is the latest in a string of brands that are touching the three-digit mark quickly.
Nature's Basket is changing its offering. Its new strategy zeroes in on pushing joint ventures, focusing on private labels and reentering Delhi.
CCI investigation into predatory pricing likely
Bharatiya Janata Party's prime ministerial candidate, Narendra Modi, last month urged small traders to compete with foreign retail chains through e-commerce.
In this era of online commerce and virtual shopping, Raymond Ltd, one of India's oldest textile manufacturers and retailers, has tailor-made an offline strategy to maintain a strong foothold in the tier III and IV towns. Samreen Ahmad reports.
The reason for digital and IT interventions increasingly being adopted is not just the change in ways commuters move but also the mode on which this transport moves, says Jyoti Mukul.
The New York Film Festival served an amazing plate of films. Aseem Chhabra picks the best ones.
The fixed line broadband will offer "ultra high-definition entertainment on large screen TVs, multi-party video conferencing from your living room, voice-activated virtual assistants, virtual reality gaming, digital shopping, immersive experiences," Ambani said.
Bringing in people with large corporate experience also helps in bringing in world class processes in quality and compliance
'Modi remains the most popular politician in India; the BJP's organisational and fundraising prowess is considerable; and the Opposition, while newly collaborative, has no leader or clear economic messaging as of yet.'
60-plus men and women who live independent lives are becoming the cynosure of ad men's eyes.
'Respect nature, working with (it) rather than against it.'
While brick-and-mortar retailers have been the most vocal in their protests, e-tailers do not seem to be in a hurry.
Radhika Sharma/PTI catches up with the stars at the international film festival in Goa.
Fortune's third annual 'World's 50 Greatest Leaders' list features men and women from across the globe from the fields of business, government, philanthropy and the arts who are "transforming the world and inspiring others to do the same."
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According to sector officials and watchers, the funding (among the largest so far in the segment) from its existing investors -- Naspers, Accel Partners, Tiger Global and Iconiq Capital -- might be a sign of confidence they have in the company but it's still unsure if it will be enough for Flipkart to turn a corner and become profitable.
If Aldo, Charles & Keith, Hush Puppies, Steve Madden can do it, why can't Woods?
'A lot of people in the West think that India has a very conservative culture, so we don't show much intimacy and sex in movies here. But I always say that, without sex, India won't have a population of over 1.2 billion people.'
MySmartPrice has been growing about 100 per cent a year and is profitable.
Physical format stores are here to stay.
Dabbawalas have been in the profession of transporting lunch boxes.
'India is no longer the India of the '70s and the '80s.' 'It's a large country with the fastest growing economy.' 'In working with India, you just can't go and humiliate the nation publicly.' USIBC President Mukesh Aghi tells Aziz Haniffa/Rediff.com about how he advises American companies to do business with India, what he thinks of Modi's government and the way forward for the India-US relationship.
Indian e-commerce company raises Rs 600 crore in sixth round of funding.
The adjustment orders for AY2012, are expected between January and March 2016.
'I can snap my fingers and get 1,000 people overnight, but I can't guarantee that they will develop because there has been zero change in education in the country in the last nine years.'
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