Nineteen per cent of global fund managers remain bullish on India, suggests the latest BofA Asia Fund Manager Survey (FMS). A total of 249 panelists with $656 billion worth of assets under management (AUM) participated in the survey between February 2 and 8, BofA said. Two hundred and nine participants with $568 billion AUM responded to the global FMS questions, while 145 participants with $331 billion in AUM responded to the regional fund manager survey (FMS) questions, BofA said.
'Romance not in a physical manner maybe, but, you know, where you are just sharing dialogues and looking at each other and conversations are happening.'
The size of the Indian financial services market could touch around $340 billion in the next few years.
Chinese fashion e-commerce platform Shein is expected to make a second entry into India and has tied up with Reliance Retail for this, according to a source in the know. The source said as part of the tie-up, Shein would source goods from India for its global operations. Also, the manufacturing of its products could happen in the country and they could be exported.
A group comprising top tech startups and unicorns has raised several "serious concerns" over a platform-based gig workers Bill proposed by the Karnataka government, saying it would hurt the ease of doing business. They told the state government the Bill in its current form would hamper operations and increase regulatory and compliance burden on the nascent gig and startup economy, according to sources.
Its success script: Investing more in local content ecosystem; growing its partnership footprint.
After raising $2.5 billion from SoftBank's Masayoshi Son and his Vision Fund, Sachin Bansal and Binny Bansal are back in the driving seat at Flipkart, the company they founded over a decade ago.
We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.
Pratham Barot, CEO and co-founder, Zell Education, explains how specialised courses in finance can help you earn a cushy six-figure salary.
Bajaj Auto was the top laggard in the Sensex pack, tumbling around 6 per cent, followed by M&M, Reliance Industries (RIL), Tata Steel, Tech Mahindra, SBI, Axis Bank and ICICI Bank. NSE Nifty tumbled 162.60 points or 1.36 per cent to 11,767.75.
Similar discounts compared to online led to a spike in demand for offline, where customers can get a more personal and hands-on product experience.
Fantasy and road trips rule OTT this week. Sukanya Verma gives you options to take your pick from.
Jiomart B2B is the latest among organised supply-chain companies to bite the bullet, shutting down its warehouses, and asking its employees to leave. Why are companies finding it difficult to sustain the supply-chain business? Experts point out that gross margins in supplying fast-moving consumer goods (FMCGs) are very low.
It also plans to open 5 new centres across India in addition to its two fulfilment centres (FCs) in Mumbai and Bangalore.
Take a look at some of the most memorable moments from Amazon India Fashion Week in Delhi.
With the abolition of the Foreign Investment Promotion Board (FIPB), Amazon's proposal will now be vetted by the Department of Industrial Policy and Promotion (DIPP) under the commerce ministry.
Amazon Web Services (AWS) on Friday announced setting up of its second data centre region in India in Telangana that will be operational by mid-2022, and will see the tech giant investing about Rs 20,761 crore. While AWS did not comment on the investment detail, Telangana IT and Industries Minister KT Rama Rao tweeted that AWS will invest Rs 20,761 crore ($2.77 billion) to set up multiple data centres in the state.
Internet retailer Amazon and its fast-growing local rivals are driving a boom in commercial property leasing in India.
'I don't know whether it was the Sabarimala issue that made them reject my film.'
Amazon has built the largest store in India with 22 million products.
"Amazon, better behave. Desist from being flippant about Indian symbols & icons. Indifference will be at your own peril," Das said in a tweet.
At the heart of the issue is the way e-commerce is defined in the current draft policy.
A spread of eclectic entertainment on OTT for you.
So far, only one major series and another original film have been announced for release. Rest are all digital releases of films that have already arrived in theatres.
The ministry of information and broadcasting (I&B) on Wednesday held an inter-ministerial meeting with various departments to discuss issues regarding revenue sharing between Big Tech companies and digital news publishers, according to sources. The meeting - chaired by I&B Secretary Sanjay Jaju - invited senior officials from the ministry of corporate affairs (MCA), Competition Commission of India (CCI), ministry of electronics and information technology (Meity) and departments of promotion of industry and internal trade, legal affairs and consumer affairs.
"If this is not done forthwith, we will not grant Indian visa to any Amazon official. We will also rescind the Visas issued earlier," Swaraj warned.
'It is not easy to pull off a seven-part show because it is almost like making four films at once.'
Both sports and digital will drag down the healthy operating margins that entertainment television continues to make.
Abhik Sen believes it's a must-have.
Billionaire Mukesh Ambani's Reliance Industries and Tata Group have made it to the prestigious TIME's list of 100 World's Most Influential Companies of 2024. TIME called Reliance 'India's Juggernaut'. This is the second time that Reliance has found its way into the TIME list. Jio Platforms, the firm that holds digital properties of the conglomerate, was included in the inaugural TIME 100 Most Influential Companies List of 2021. Serum Institute is the other Indian company on the list.
She was the cynosure of all eyes on Sunday having played a massive role in RCB's WPL triumph but Tuesday night gave 'Purple Cap' winner Shreyanka Patil a chance to enjoy a rare 'Fan Girl' moment with none other than Virat Kohli.
It was a grand occasion to mark the launch of Citadel: Honey Bunny, which sees Varun paired opposite Samantha Ruth Prabhu in a dhamakedar spy action Web series combined with a tadka of their steamy romance.
Salim-Javed became the first Hindi film writers who could be considered brands, and they are still boldface names, celebrities in their own right, chronicles Dinesh Raheja.
Ranbir, Rashmika, Raveena, Vic, Nic, it's raining movie stars on OTT this week. Sukanya Verma lists her recommendations.
Experts say Biyani will now become a contract manufacturer of fashion and FMCG products, with the Reliance group being one of his customers.
'To those who have just finished engineering or MCA or BSc, BBA, I will say they should take up whatever internship opportunities they are getting.' 'They should look for opportunities to learn the latest tools.' 'They should think innovative and try to solve problems. Only when you sharpen your skills, you will remain relevant.'
Stories are legion about the Karatmeter's use at that time. Hundreds of people standing in queue for testing, customers breaking down after discovering the actual purity of their jewellery and then becoming irate about the jeweller who had gypped them, the local jewellery industry leaning heavily on the Tanishq franchisees to desist from using it, some jewellers even threatening violent action.
Just when it seemed like OTT market is fading away with very limited original Web series arriving over the last few months, the month of March is throwing quite a few surprises.
The device supports a host of India-specific apps and the more you use it, the better it gets.
The 24-hour delivery offer applies only to select postal codes and is not available across the country.
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