Business failures rise when growth declines. When Indian growth slowed in the last decade, defaults increased. This is the normal working of the market economy, points out Ajay Shah.
'It's amazing how the mommy brain can do so many things at the same time.'
Flipkart has promoted several of its leaders into newer roles at a time when the Walmart-owned e-commerce giant has internally raised its IPO (initial public offering) valuation target to about $60 billion and aims for a US listing in 2023, according to the sources. "I am delighted to announce the promotion of some of our exemplary leaders," said Kalyan Krishnamurthy, chief executive officer, Flipkart Group, in an internal note, and which has been reviewed by Business Standard. "Each of them has been instrumental in delivering impact and creating long-term value for Flipkart.
Reliance Industries Ltd on Friday reported a 7 per cent drop in its June quarter net profit as retail business got hit by the second wave of COVID infections.
Is self-reliance the right approach in a mega-buck game, or better to be part of a network? asks T N Ninan.
Credit Suisse said if the deal fructifies, then this will bring together the largest offline and online retailers in India.
The Somali-American model is making the right career choices.
Model Shweta Raj takes you through her day at the on-going Lakme Fashion week.
'We do realise it is time to have a larger ambition.'
I said to myself, why should the player suffer if he was innocent while I went about settling scores with the Board? If I didn't finish the enquiry in time, Shami's career would be harmed and perhaps irretrievably so. I decided to complete the probe within the stipulated time and got going right away.
'It was always my intention to be different, because that is the only way to last.'
The actress is quite the clothes horse and gives us interesting outfits at public sightings.
IMAGES from day 3 of the 1st Test between Bangladesh and India played in Chottogram on Friday.
'When women are independent financially, they will never take crap.'
Nikita Sahay was a captain in the Indian Army when she decided to quit her job and pursue her childhood dream. After a lot of failed attempts, Sahay, now 26, is finally living her dream and is happy at that.
It took Australia seven attempts but under Aaron Finch they finally laid their hands on a maiden Twenty20 World Cup title on Sunday with an eight-wicket triumph over New Zealand.
'Post-Covid world will be different from the pre-Covid world.'
Images from the rain-curtailed 1st ODI between India and South Africa in Lucknow on Thursday.
Designer Namrata Lodha has been winning hearts with her sustainable hats.
The comedy is stale, but there are bits that make you laugh, notes Divya Nair.
Future Retail's independent directors had last week asked Amazon if it was willing to give a long-term loan to avoid default on repayment of Rs 3,500 crore loan due on January 29. Amazon replied to that saying it was willing to financially assist Future Retail through the Samara Capital deal but the retailer must shelve Rs 24,713 crore deal with the Reliance group.
Spin's rather old-fashioned and vanilla depiction of the Indian American way is a bit of a bummer, feels Sukanya Verma.
Far from outraging any woman's sensibility or sense of modesty, Ranveer looks like he could do with a hot meal and a hug, notes Deepa Gahlot.
I watched from my balcony and found that during the next eight hours up to 5.30 pm, not one prospective voter was seen to go to the Congress table, notes Rashme Sehgal. The rush was all around the BJP table.
Where Laal Singh Chaddha succeeds most is heart, notes Sukanya Verma.
Retailers want rental waivers should be extended for a few more months, since business is not expected to pick up before the Dussehra-Diwali period, which falls in October-November.
The change in ownership is expected to give a fresh lease of life to the company that has often been dragged by financial stress in its close to three-decade journey under the Khaitans, reports Ishita Ayan Dutt.
Immunity boosting foods and drinks. Sustainable fashion. Beauty products with natural ingredients. There was always a market for these, and the pandemic has only made it bigger. Within beauty, brands have recorded a greater demand for ayurveda products.
Meet the winners of the past seven editions of the T20 World cup.
Should we not stop uncritically celebrating NRIs' elevation without regard to what kind of companies they are getting to run, and the nature of their products or business practices, asks T N Ninan.
It currently has invested in 35 locations, some of which border on a luxury level format and are large at 2,500 square feet.
Zara could rake in Rs 1,571 crore sales in 2019-2020. H&M, which came in five years later, grew its revenue to Rs 1,729 crore.
As Lisa celebrates her 35th birthday on June 17, Namrata Thakker lists 10 things about the leggy beauty that make her so HOT!
Aishwarya Singh gives us a rare sneak peek into her busy life backstage.
Rediff.com Contributing Photographer Pradeep Bandekar glimpsed these stars over the weekend.
All roads led to Yash Raj Studios on May 25, as Bollywood's power couples and their friends celebrated Karan Johar's 50th birthday party.
Social e-commerce platform Meesho is set to disrupt the food and grocery market by offering free home delivery on all orders in over 200 below Tier 1 cities in a year's time, in the first phase. It is also disrupting the monetization model by focusing primarily on advertising revenues rather than commissions from sellers, as distinct from its competitors. The move is expected to challenge the big players in the sector which include Jio Mart, Tata's Big Basket, Amazon, Grofers, and others, many of which have minimum prices for free delivery.
Of the amount, the home-grown private equity player founded by Renuka Ramnath plans to deploy $8 billion in various companies as part of its blueprint for growth.
Even as regulatory focus has zeroed in on foreign e-commerce giant Amazon, a domestic retail giant has been created almost below the radar in Reliance Retail (RR), one of the most crucial businesses for the group's future. From doorstep delivery of groceries, apparels to branded jewellery, medicines, toys, furniture to high street retailing, RR's presence in the world's fourth largest consumer market is just one part of the story.
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