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Future group firms have started getting large orders from Reliance Industries, its CEO Kishore Biyani said in an email to his employees on Tuesday. The group firms Future Consumer and Future Enterprises have recently received orders from Reliance Industries. This will be a big support for the cash-strapped future group firms before the completion of Rs 24,713 crore buyout of the country's second-largest retailer by Reliance Industries' arm. Ecommerce major Amazon has raised objections over the deal.
It's addictive. It's entertaining. It's gorgeous. Once bitten by the K-drama bug, there's no going back.
'A well made masala film will never go out of fashion. Pushpa proved it yet again.'
Former beauty queen Aishwarya Rai who made a comeback after five years walked the ramp as if she owned it.
Flipkart, India's largest e-tailer, raised $210 million in a fresh round of funding from a group of four investors led by internet-focussed investment group DST Global, it said in a statement on Monday.
Shareholders of the six listed Future Group companies voted on Wednesday. Bankers said all the large lenders had rejected the proposal.
In spite of the mega IPO of Alibaba, Flipkart-Myntra is not thinking of a public offering at this point
Reliance Retail Ventures Ltd, run by India's richest man Mukesh Ambani, on Tuesday raised Rs 5,512.50 crore from Abu Dhabi Investment Authority (ADIA), taking the total fundraise to Rs 37,710 crore in less than four weeks.
While festive season spends by consumers did contribute to the uptick seen in Q3, experts said greater aggression displayed by retailers to corner a larger share of the shopper's wallet also worked.
US private equity firm Silver Lake Partners will invest an additional Rs 1,875 crore in the retail arm of Reliance Industries, the Indian firm said in a statement on Wednesday.
Billionaire Mukesh Ambani-run Reliance Industries Ltd's retail arm on Thursday raised Rs 9,555 crore from Public Investment Fund (PIF) of Saudi Arabia, taking total fundraise in the last two months to Rs 47,265 crore. PIF will take a 2.04 per cent stake in Reliance Retail Ventures Ltd (RRVL), the Indian firm said in a statement. The investment values RRVL, the retail arm of Reliance Industries Ltd, at a pre-money equity value of Rs 4.587 lakh crore.
Flipkart's valuation of $15.2 bn arrived at during latest round of $700-mn fund raise.
Creative and confident, these emerging fashion designers are the future of Indian fashion.
Narayanan said while there would be some redundancies as a result of integration of the back-end functions of Myntra and Jabong, it will, however, be less than 10 per cent of the overall headcount
Flipkart and Myntra, together, post higher sales than Amazon
Nets three more foreign brands for exclusive retailing, but the cost of the business model may be high, say experts.
From mass layoffs to acquisitions, here's how the Indian start-up industry kept us on our toes.
Not only is the number of native language users set to grow faster than English users over the next five years, these users are more likely to lead a more active digital life. Arundhuti Dasgupta & Urvi Malvania find out how brands are rethinking digital marketing plans to accommodate this.
The threat may be a decade away, but it has brick-and-mortar sellers rethinking their strategies and banking on the govt to regulate online companies.
Cinema screens bring in over 60% of the Rs 19,100 crore that Indian films earned in 2019. The reception a film gets in theatres impacts the price of every other revenue stream -- TV, OTT, overseas. Vanita Kohli-Khandekar explains why the theatre business is not doomed and why OTT won't become the first window of release.
Its trajectory in telecom is well known but now it is pushing for a similar leap into the ranks of the top players in its other businesses: media and entertainment, e-commerce, a series of online businesses ranging from health to education, and retail.
Entrepreneurship hasn't been a cakewalk for him, says Sinha.
Ma and the other co-founders had finalised the name "Alibaba" after much research on its acceptability.
"Our artificial intelligence tells us what people are buying at that point, what is in fashion; on the other hand, we have a fair idea of the material available. It gives us a sense of what we should be putting across in the market and we can put them across really quickly," Ananth Narayanan, CEO, Myntra, tells Alokananda Chakraborty.
Aseem Chhabra lists his 10 favourite non-Indian shows streaming in India -- classics as well as recent shows.
Future Group said customer acquisition costs, fulfilment costs and other expenses in e-commerce add up to 50 per cent of overall business costs, making it unviable
'You worry when serious people, with control of our and our children's future, begin to start obsessing over social media, seeing it as an easy, lazy, fun, low-cost substitute for boring, old-fashioned practices of politics, governance and serious, fact-based debate,' says Shekhar Gupta.
The software had, perhaps unknown to Dr Tripathi, tracked the changes he had made. The 'morph track' feature of the software provided a trail of what had been done and also indicated that the doctor had, it seemed, opted to morph Sheena's face with the provided skull, much in the same manner that Fantamorph can turn a woman into a cheetah.
Satyajit Ray's fabulous use of fantasy to condemn fascism and Shah Rukh Khan's gift of enthralling oratory, Sukanya Verma's fantastic filmi week.
We sorted through countless photographs taken around the world to come up with the top photos of 2019. Together these images tell the story of the year -- capturing moments of hope and heartbreak, triumph and tragedy.
Three years after launching Big Bazaar Direct, Future group CEO Kishore Biyani's enthusiasm for online ventures has been tempered by growth concerns
Shuma Raha finds out how writers are using social media to produce bestsellers.
Aseem Chhabra tell us how he watched 302 films in 365 days on airplanes, on Netflix, Amazon, iTunes, Google, Hulu, DVDs and even on YouTube.
Malls, retail stores are being hit by online sales and are struggling this festive season.
Shopkeepers are losing buyers in droves to e-tailers for everything from fashion to smartphones, and are struggling to find solutions.
A buoyant economic mood and tempting discounts, both online and offline, are fuelling a shopping frenzy this Diwali.
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