The details of assets submitted by Lokesh look strikingly different when compared with the declared assets of his family on October 19, 2016.
Retailers and mall developers have seen 35-50 per cent growth in the first two weeks of the end-season sale.
Future Capital will be the first company to hit capital market as it is set to release its IPO at a fixed price band of Rs 700-765 per share.
"Online portals are also bleeding heavily and have huge accumulated losses. There is pressure from investors to cut down on discounting."
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
French giant might apply for multi-brand retailing if UK rival gets nod.
Former president of the Calcutta Stock Exchange, Kamal Parekh, was arrested in connection with the Rs 120 crore (Rs 1.2 billion) payment crisis of the bourse.
Retailer bodies to demand govt action against I-Day sales offers, threaten legal action for breach of FDI rules.
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.
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?
Ramdev is very angry' with the Congress after he was accused of destabilising the state government in the wake of revolt by nine party MLAs.
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Consultants say those selling imported consumer durables, apparel, food products, furniture, etc, are the ones hit the hardest.
The movie has attracted 60 brands as merchandise partners and seven media partners
Online retail in the country is expected to grow to $200 billion by 2026, up from $15 billion in 2016.
The Forbes 5th annual '30 Under 30' list features 600 women and men.
Retailers, especially food and grocery chains, are clearly unhappy, saying the ban is impractical
CCI investigation into predatory pricing likely
Prime Minister Narendra Modi on Wednesday said he has asked soft drink makers like Pepsi to try and mix aerated drinks with 5 per cent fruit juice to help distressed farmers find a new market for their produce.
India's MRP and Packaged Commodities Acts are dated and not in line with the modern world's digital price mechanisms and comparisons.
Modi had last month launched the 'Give-it-Up' campaign.
Saks sells luxury brands such as Jimmy Choo, Giorgio Armani, and Tod's, besides premium brands such as Fila and Puma.
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SBI will hold 30 per cent in RIL joint venture
Recent data from market analytics firm Nielsen shows that the rural market in the country's 630,000-odd villages is pulling down the overall FMCG business.
According to sources, the directorate has sent a letter to Flipkart on the basis of complaints received after the Big Billion Day sale on October 6.
'A number of facts are still left unaddressed by the Supreme Court judgment.' 'I think there are enough grounds for an inquiry to be ordered.'
He alone gets the credit for reviving consumer interest in Ayurveda, says Bhupesh Bhandari.
The near term will be challenging, as most will struggle to adapt to the new regime.
Falling sales since demonetisation has alarmed CEOs, who want to save cash till the economy recovers.
From crisis leaders to future Goliaths, India Inc saw them all in 2017, says Shailesh Dobhal.
National brands prefer the acquisition route since the southern market is culturally different, reports T E Narasimhan from Chennai.
With the holy month of Ramadan coming to a close, we ask you, dear readers which is the most delectable biryani you ever had.
Big retailers are openly talking of plans to harness the power of big data, even reporting those in annual reports as part of a long-term strategy.
After ending its wholesale partnership with Walmart, Bharti Retail has decided to merge with the Future group
While brick-and-mortar retailers have been the most vocal in their protests, e-tailers do not seem to be in a hurry.
E-commerce buyouts: Mahindra, Godrej to leverage on physical stores.
Sales have picked up in the past few days for retailers in the apparel and consumer durables segments.
