News for 'Amazon and Future Group'

Waack Girls Review: Worth A Watch

Waack Girls Review: Worth A Watch

Rediff.com22 Nov 2024

Waack Girls, that captures the moods of Kolkata, follows an oft-used template. So there's not much novelty to look for in the plot, but the actors are excellent, applauds Deepa Gahlot.

Will end of Bezos-Murthy's e-com JV hit Amazon's biz?

Will end of Bezos-Murthy's e-com JV hit Amazon's biz?

Rediff.com27 Aug 2021

Last year in January at Amazon's flagship event Smbhav, Infosys Co-founder N R Narayana Murthy had to shorten his keynote speech from 20 minutes to about five because the event was delayed by 1.5 hours. "I will try to finish it in five minutes, because I am not used to delays," said Murthy, while addressing hundreds of micro, small and medium enterprises (MSMEs) about building businesses that last. In the audience was Amazon founder Jeff Bezos. Murthy referred to Bezos' prediction that the 21st century will be the Indian century. "That confidence enhances our enthusiasm," said Murthy. The relationship between Murthy and Bezos dates to 2014, when Prione, a 49:51 joint venture (JV) between Amazon and Murthy's venture capital company Catamaran, was formed.

Microsoft regains top spot as best employer to work for in India: Randstad

Microsoft regains top spot as best employer to work for in India: Randstad

Rediff.com8 Aug 2024

Tech giant Microsoft regained the top spot in the list of best employers to work for in India in 2024, followed by Tata Consultancy Services (TCS) and Amazon, according to a Randstad Employer Brand Research report released on Wednesday. Microsoft had topped the list in 2022, but slipped to fifth in 2023. The 2024 list is based on responses from 3,507 people.

Liverpool's Colombian sensation scores hat-trick in Champions League

Liverpool's Colombian sensation scores hat-trick in Champions League

Rediff.com6 Nov 2024

Liverpool's Luis Diaz scored a hat-trick as they maintained their perfect Champions League campaign with a barnstorming second-half display in a 4-0 victory over Xabi Alonso's Bayer Leverkusen at Anfield on Tuesday.

Foxconn Betting Big on South India

Foxconn Betting Big on South India

Rediff.com19 Aug 2024

Foxconn's business in India has grown to over $10 billion till 2024.

After Amazon caution, Biyani calls for clarity on retail laws

After Amazon caution, Biyani calls for clarity on retail laws

Rediff.com31 Oct 2014

Future, which recently tied up with Amazon in India to sell its fashion and food products exclusively on the American giant's marketplace platform, is looking at a gross merchandise value of about Rs 6,000 crore (Rs 60 billion) in the next three years from the venture.

2024's Must Watch Indian Films

2024's Must Watch Indian Films

Rediff.com26 Dec 2024

Aseem Chhabra picks his top 10 Indian films of 2024, which includes films that have had theatrical releases or are streaming on OTT.

Hurrah For These Women Achievers!

Hurrah For These Women Achievers!

Rediff.com22 Feb 2024

More and more women are making their presence felt in jobs related to sciences, technology, and engineering across organisations.

Jobless In US, Indian Techies Face Uncertain Future

Jobless In US, Indian Techies Face Uncertain Future

Rediff.com23 Jan 2023

Those on H-1B visas have to find a new job within 60 days or head back to India.

Zepto adds $340 million to basket; valuation at $5 billion ahead of IPO

Zepto adds $340 million to basket; valuation at $5 billion ahead of IPO

Rediff.com30 Aug 2024

Quick commerce major Zepto has raised $340 million in a follow-on financing round at a valuation of $5 billion as it gears up for an initial public offering (IPO). This is Zepto's third big-ticket fundraise within a year. With this, the company has raised more than $1 billion in 12 months.

Did Chances Of A Trump Win Spook Bezos?

Did Chances Of A Trump Win Spook Bezos?

Rediff.com31 Oct 2024

Did Jeff Bezos decide against endorsing Harris because it would hurt his business interests? Only God and Bezos know, and neither of them are talking, notes Prem Panicker.

Amitabh-Ayushmann's Gulabo-Sitabo to premiere on Amazon

Amitabh-Ayushmann's Gulabo-Sitabo to premiere on Amazon

Rediff.com14 May 2020

Amazon Prime has reportedly bought the film's exclusive premiere rights at a whopping Rs 30 crore.

Big Bazaar gets ready for e-commerce play

Big Bazaar gets ready for e-commerce play

Rediff.com14 May 2016

Portal to be launched in three months, says Future Group's Kishore Biyani

A peek into Mukesh Ambani's big retail push

A peek into Mukesh Ambani's big retail push

Rediff.com26 Jul 2021

Mukesh Ambani's Reliance group has struck acquisition deals worth $4.2 billion with a dozen companies in just two years to expand its retail business. The latest purchase was of a majority stake in Justdial for Rs 3,497 crore. Elaborating on his acquisition strategy a few weeks ago during the AGM, Ambani stated that one of the key planks would be to acquire businesses that enhanced Reliance's offerings and experiences to customers and that they would be both physical and digital.

Ready For REVENGE On OTT?

Ready For REVENGE On OTT?

Rediff.com28 Jul 2023

It's raining brand new seasons and shows on OTT this week.

10 Youth Shows You Must Watch On OTT

10 Youth Shows You Must Watch On OTT

Rediff.com5 Dec 2023

As the Indian version of The Archies gets ready to hit OTT, Deepa Gahlot picks 10 interesting college-and-youth-oriented shows on OTT.

Kishore Biyani prepared to take on e-retailers?

Kishore Biyani prepared to take on e-retailers?

Rediff.com9 Oct 2014

Kishore Biyani met Jeff Bezos, the founder and CEO of Amazon, in Delhi last week and "discussed many things like the macro environment and the prime minister"

Shaitan To Stan Lee OTT This Week

Shaitan To Stan Lee OTT This Week

Rediff.com16 Jun 2023

Sukanya Verma covers the whole spectrum for you.

After Walmart, Amazon lobbies in US for Indian FDI

After Walmart, Amazon lobbies in US for Indian FDI

Rediff.com2 Feb 2014

After supermarket giant Walmart, it is online retail major Amazon which has begun lobbying with the US lawmakers to seek their support for facilitating its "foreign direct investment in India".

Sony Picture discloses its India plans

Sony Picture discloses its India plans

Rediff.com24 Jan 2024

Sony Picture Network India (SPNI) management is committed to long-term growth in India and the company will actively explore new organic and inorganic possibilities to strengthen its presence in the country, company managing director and CEO, NP Singh told employees. In a letter, two-days after the calling off of the $10 billion merger deal with Zee Entertainment, he asked employees to focus on current projects, with an immediate goal to unleash the company's full potential, continuing to craft content that not only engages audiences but also boosts subscriber growth and revenues. "As we close the chapter on our proposed merger with ZEEL (Zee Entertainment Enterprises Ltd), I want to take a moment to talk to you - not just as your CEO but as someone who has been on this journey with you.

Rediff's Wave Rider Retires!

Rediff's Wave Rider Retires!

Rediff.com1 Nov 2024

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.

94 new Indian entrants to Hurun rich list

94 new Indian entrants to Hurun rich list

Rediff.com27 Mar 2024

The global billionaires list witnessed as many as 94 new entrants from India, stated a report by Hurun India on Tuesday. Following a net addition of 84, the country's billionaire tally touched 271 with their combined wealth at $1 trillion, noted the report. Mukesh Ambani, chairman & managing director of Reliance Industries, is the only Indian to make it into the top 10 of the Hurun Global Rich List 2024, a ranking of billionaires in US dollar terms.

'Covid or not, show must go on'

'Covid or not, show must go on'

Rediff.com19 Apr 2021

'Post-Covid world will be different from the pre-Covid world.'

Walmart-owned PhonePe crosses 500 million lifetime registered users

Walmart-owned PhonePe crosses 500 million lifetime registered users

Rediff.com9 Nov 2023

Walmart-owned fintech firm PhonePe said it has crossed 500 million lifetime registered users on its platform. With this milestone, 1 in 3 Indians are now on PhonePe. The company said it is the first Indian internet company to have reached this scale globally. This milestone has been achieved in just over 7 years since the PhonePe UPI (Unified Payments Interface) payments launched in August 2016.

Sensex ends 215 points lower as Reliance tumbles

Sensex ends 215 points lower as Reliance tumbles

Rediff.com6 Aug 2021

Reliance Industries was the top laggard in the Sensex pack, shedding over 2 per cent, followed by UltraTech Cement, SBI, Tata Steel, HDFC and Axis Bank. NSE Nifty fell 56.40 points to 16,238.20.

From the brink to recovery, India's retail sector pins hope on 2021

From the brink to recovery, India's retail sector pins hope on 2021

Rediff.com29 Dec 2020

With an epic battle of billionaires for supremacy in one of the world's most prolific markets and a pandemic-propelled surge in online shopping in the background, India's nearly trillion-dollar retail market is hoping to touch 85 per cent of the pre-COVID business in the first half of the New Year. In a year when the COVID-19 carnage ripped apart the retail business, circa 2020 will best go down for the unravelling of the war between Jeff Bezos, the world's wealthiest man, and richest Indian Mukesh Ambani for pre-eminence in the booming market that is estimated to reach $1.3 trillion by 2025. It all started with Ambani's Reliance Industries agreeing in August to buy assets of the nation's second-largest retailer for Rs 24,713 crore, just a year after Bezos' Amazon purchased an indirect stake in the indebted Future Retail.

How RIL quietly reinvented its investment strategy to meet new goals

How RIL quietly reinvented its investment strategy to meet new goals

Rediff.com27 Sep 2022

Reliance Industries (RIL) has been distilling its investment strategy to meet new goals. The share of the new energy vertical - its key focus area - accounts for more than a fourth (26 per cent) of the total war chest of $6.4 billion, ploughed into acquisitions and picking up stake from 2018 to date, reveals the latest Morgan Stanley data. Nearly half the incremental investments made on deals by RIL between August 2020 and September this year ($3.3 billion) has been spent on new energy - acquiring global companies with technology and expertise.

India's retail king in BIG trouble

India's retail king in BIG trouble

Rediff.com9 Apr 2020

Though Kishore Biyani is selling stakes in group companies to pay off debt, a significant share price crash since January this year is making his task difficult.

Amazon, e-commerce rivals fuel commercial property boom in India

Amazon, e-commerce rivals fuel commercial property boom in India

Rediff.com23 Jan 2015

Internet retailer Amazon and its fast-growing local rivals are driving a boom in commercial property leasing in India.

Flipkart shows retail majors how to play the online game

Flipkart shows retail majors how to play the online game

Rediff.com13 May 2018

Did top Indian business groups miss the e-commerce opportunity by focusing on replicating the Walmart model instead of following the Amazon model of online shopping?

Why food and grocery retail looks like a tough nut to crack

Why food and grocery retail looks like a tough nut to crack

Rediff.com29 May 2019

The sale of Nature's Basket, Godrej's chain of food stores in west India, is the second exit by a big group in a year in the category

Big Bazaar to log out of online venture

Big Bazaar to log out of online venture

Rediff.com29 Aug 2016

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

Why India's retail biggies are wooing local mom and pop stores

Why India's retail biggies are wooing local mom and pop stores

Rediff.com17 May 2019

The power of the small neighbourhood retailer can barely be ignored as organised players look to leverage their last-mile connectivity and reach, luring them by promising support in technology, inventory and tax management.

If Ambani Buys Disney Star...

If Ambani Buys Disney Star...

Rediff.com18 Nov 2023

Assume Voot, JioCinema and Disney+ Hotstar are merged into one entertainment app, and you have a streaming service with more than 233 million unique visitors. That is a reach just under half of India's largest streaming app: YouTube. 'This level of consolidation does not exist even in the US.'

Drama. Romance. Whodunits: On OTT This Week

Drama. Romance. Whodunits: On OTT This Week

Rediff.com4 Jun 2022

Sukanya Verma lists out everything you can catch on OTT this week.

Retail majors unite to stand up to e-commerce onslaught

Retail majors unite to stand up to e-commerce onslaught

Rediff.com4 Dec 2014

The big boys of India's traditional retail have finally come together to fight the onslaught of their online counterparts.

Want to Know What Uorfi Javed Is Really Like?

Want to Know What Uorfi Javed Is Really Like?

Rediff.com20 Mar 2024

Amazon Prime Video has announced a huge number of assorted Web series and movies, and the slate sure looks interesting.

'Walmart has taken a back-door entry to retail'

'Walmart has taken a back-door entry to retail'

Rediff.com8 May 2018

Online retail in the country is expected to grow to $200 billion by 2026, up from $15 billion in 2016.

Why the Alibaba model does not work in India

Why the Alibaba model does not work in India

Rediff.com17 Sep 2014

While global competitors Amazon and Walmart are looking to explore B2B online in India, traditional Indian retailers like the Future group and Reliance Retail and e-commerce players such as Snapdeal and Flipkart have no immediate plans in this area.

Jee Karda Review: Poor Friends Version

Jee Karda Review: Poor Friends Version

Rediff.com15 Jun 2023

Jee Karda is a dish with a lot of garnish, but no flavour, observes Deepa Gahlot.