News for 'Future Retail'

Stand-off between retailers and malls over rentals worsens

Stand-off between retailers and malls over rentals worsens

Rediff.com3 Jun 2020

At the heart of the matter are revenue-share rental agreements that retailers are mooting over fixed-rent contracts that they say are unsustainable, given the revenue loss they've suffered during the lockdown.

Bitcoin Rallies: Time To Book Profits?

Bitcoin Rallies: Time To Book Profits?

Rediff.com15 Nov 2024

Only investors with knowledge of cryptocurrencies, long-term conviction, and a long horizon should invest in this asset class.

Sebi's F&O curbs for stemming 'frenzied trading'

Sebi's F&O curbs for stemming 'frenzied trading'

Rediff.com5 Aug 2024

Markets regulator Securities and Exchange Board of India (Sebi's) measures to curb speculative activity in the Rs 450-trillion-a-day futures and options (F&O) market is not a case of "throwing the baby out with the bathwater," whole-time member (WTM) Ananth Narayan said on Friday. "As a regulator, we are conscious that we must not throw the baby out with the bathwater. "When it comes to frenzied trading in options nearing expiry, however, it is difficult to see any baby in this bathwater," he said while delivering his address at the 21st FICCI Annual Capital Markets Conference.

Will Poonawalla Let Karan Johar Thrive?

Will Poonawalla Let Karan Johar Thrive?

Rediff.com27 Nov 2024

A non-strategic investor like Poonawalla brings in not only capital but also creative freedom. Indian cinema needs more investors like him, reports Vanita Kohli Khandekar.

Street Signs: F&O seismic shift, IPO fervour going strong, and more

Street Signs: F&O seismic shift, IPO fervour going strong, and more

Rediff.com9 Sep 2024

With new eligibility criteria for futures and options (F&O) coming into effect, Jio Financial Services and Zomato are strong contenders for inclusion in the derivatives segment, according to an analysis by Nuvama Alternative & Quantitative Research. The report suggests that these new F&O inclusions could also propel these two companies into the benchmark National Stock Exchange Nifty 50 during the March rebalancing.

Automobile retail sales rise 14% in Jan to cross 18 lakh unit mark: FADA

Automobile retail sales rise 14% in Jan to cross 18 lakh unit mark: FADA

Rediff.com6 Feb 2023

Automobile retail sales in India rose 14 per cent in January on the back of robust registrations across passenger vehicles, two-wheelers and tractors, dealers' body Federation of Automobile Dealers Associations said on Monday. Total sales across categories last month rose to 18,26,669 units, as compared to 16,08,505 units in January 2022. Passenger vehicle registrations rose to 340,220 units last month, an increase of 22 per cent as compared to 279,050 units in the year-ago period.

Future Group is going hi-tech to grab market

Future Group is going hi-tech to grab market

Rediff.com23 Jul 2018

Under its door-step delivery model, consumers can shop at any of the three Future Group-owned convenience formats - Easyday, Nilgiris and Heritage - both online or offline.

'Housing finance Sector Will Only Grow'

'Housing finance Sector Will Only Grow'

Rediff.com18 Jun 2024

'The demand for housing is always increasing, and so is housing shortage.'

''Made Good Money? Take Your Capital Out'

''Made Good Money? Take Your Capital Out'

Rediff.com7 Aug 2024

'Forget your loss or profit in your portfolio.' 'Look at how much cash you have in hand.' 'If you don't have cash in hand, liquidate at least partially; get into about 20 per cent in cash.'

'Carrefour looking to export from India in next 5 years'

'Carrefour looking to export from India in next 5 years'

Rediff.com12 Oct 2024

'All competitors are sourcing within the country, so we'll be at the same level of competition.'

Amazon faces ED probe for violation of forex rules

Amazon faces ED probe for violation of forex rules

Rediff.com28 Jan 2021

The probe is being conducted under various sections of the Foreign Exchange Management Act (FEMA) after the central probe agency recently received a communication from the commerce ministry seeking "necessary action" against e-commerce players like Amazon and Flipkart pertaining to certain multi-brand retail businesses and an observation made by the Delhi High Court in relation to Amazon.

Sensex, Nifty rise on buying in banking stocks

Sensex, Nifty rise on buying in banking stocks

Rediff.com10 Oct 2024

Equity benchmark indices Sensex and Nifty settled higher on Thursday, powered by a rally in banking and power stocks amid a largely firm trend in global markets. The stock markets mostly traded range-bound in the absence of any major trigger and persistent foreign capital outflows, traders said. The 30-share BSE Sensex rose 144.31 points, or 0.18 per cent, to settle at 81,611.41.

What the top retailers can learn from kirana stores

What the top retailers can learn from kirana stores

Rediff.com16 Sep 2015

Some analysts believe convenience stores could be challenged by digital grocery in the future.

First two retail stores in India 'milestone' for Apple: Tim Cook

First two retail stores in India 'milestone' for Apple: Tim Cook

Rediff.com5 May 2023

India is at a "tipping point" and a major focus for Apple, the technology giant's CEO Tim Cook has said, terming the opening of its first two retail stores in the country - in Mumbai and Delhi - as a "milestone" for the company. Speaking at Apple's Q2 2023 earnings call on Thursday, Cook emphasised the dynamism and vibrancy in the Indian market, calling it "unbelievable". "Looking at the business in India, we did set a quarterly record, grew very strong, double digits year-over-year.

'AI Has Pushed India 5 To 7 Years Behind!'

'AI Has Pushed India 5 To 7 Years Behind!'

Rediff.com19 Sep 2024

'Unfortunately, most of our students use AI to replace knowledge when they should be using the AI tools to enhance their knowledge.' 'I am sorry to say, even those students who have opted to study AI have no idea what AI is.'

FX derivatives mkt in a fix before new RBI rules

FX derivatives mkt in a fix before new RBI rules

Rediff.com11 Apr 2024

Exchange-traded currency derivatives volumes are likely to drop in view of new Reserve Bank of India (RBI) rules, casting a cloud over further participation of retail investors and proprietary traders. There are concerns that existing positions without any underlying exposure will need to be liquidated. Also, weighed down by dollar demand from local oil companies and weakness in its Asian peers, the rupee on Wednesday (April 3) ended at a new closing low of 83.44 versus the US currency.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com25 Aug 2024

Release of key macroeconomic numbers, monthly derivatives expiry, and global cues are likely to drive stock market movement this week, according to analysts. Markets will also be reacting to remarks made by the US Federal Reserve Chair Jerome Powell, they said. "This week, we expect the market to witness a gradual up-move with stock-specific action.

First pilot of retail digital rupee in 4 cities on Dec 1

First pilot of retail digital rupee in 4 cities on Dec 1

Rediff.com29 Nov 2022

The Reserve Bank will launch the first pilot for retail digital rupee in Mumbai, New Delhi, Bengaluru and Bhubaneswar on December 1, and later expand it to nine more cities in the initial phase. This follows a month after the RBI had started a pilot in the digital rupee - wholesale segment on November 1. The Reserve Bank announces the launch of the first pilot for retail digital rupee (e?-R) on December 1, 2022, the central bank said in a statement on Tuesday.

Should You Invest In SM Reits?

Should You Invest In SM Reits?

Rediff.com22 Oct 2024

'Investors with a long-term investment horizon and the risk appetite for fluctuations in property values may find SM Reits a viable option.'

Investing in IPOs: What First-Time Investors Must Know

Investing in IPOs: What First-Time Investors Must Know

Rediff.com11 Jul 2024

Are you a first-time IPO investor? Even if IPOs appear attractive with expectations of high returns, they come with risks and complexities, cautions Sheetal Jhaveri and shares her checklist to help you navigate through the world of IPOs

How To Lose Money In F&O Trading

How To Lose Money In F&O Trading

Rediff.com15 Oct 2024

F&O trading is a zero-sum game where one person's loss is another's gain. Only one per cent of traders gained the money lost by 93 per cent, warns Harsh Roongta.

'In No Rush To Say Economy Is Slowing Down'

'In No Rush To Say Economy Is Slowing Down'

Rediff.com7 Nov 2024

'Whether I am optimistic or pessimistic is not the issue; I am just going by the evidence available.' 'The Indian economy and financial sector are now well-placed and very resilient in dealing with any kind of spillover coming from the external world.'

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.

Titan helps Tatas win retail sweepstake

Titan helps Tatas win retail sweepstake

Rediff.com8 Aug 2014

Perhaps, the group's leadership position and potential in the retail segment prompted Tata Sons Chairman Cyrus Mistry to identify retail as one of the group's four growth clusters in his recent Vision 2025 statement.

Where Would India Be Without Dr Singh?

Where Would India Be Without Dr Singh?

Rediff.com27 Dec 2024

What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister and finance minister, he understood the importance of gradualism, except when the economy or the polity was in a crisis.

'Noel Tata Should Be Inducted Into Tata Sons Soon'

'Noel Tata Should Be Inducted Into Tata Sons Soon'

Rediff.com12 Oct 2024

'The quality of a leader should be such that even if the leader is not there, the institution carries on.'

New MF Investors, Read This

New MF Investors, Read This

Rediff.com2 Sep 2024

Adopting overly aggressive strategies without considering risk could lead to significant losses during the next downturn.

Will STT Curb F&O Trading?

Will STT Curb F&O Trading?

Rediff.com24 Jul 2024

Brokers believe that the higher charges may not completely deter investors from taking bets in F&O but could help cool down some activity, as the threshold to break even rises.

How To Curb Speculation In F&Os

How To Curb Speculation In F&Os

Rediff.com13 Jul 2024

'Sebi had no problem with derivatives until trading exploded after Covid.' 'But now, having built a dangerous road, from which different entities, mainly governments, are extracting a heavy toll, Sebi is concerned that people are driving on it in much greater numbers,' explains Debashis Basu.

How Reliance Retail plans to take on ecommerce biggies

How Reliance Retail plans to take on ecommerce biggies

Rediff.com23 Feb 2019

Reliance has announced that it will roll out its e-commerce platform to as many as 1.2 million retailers and store owners in Gujarat. This is part of a nationwide roll-out that will come later this yea, reports Viveat Susan Pinto.

Gold Crash: Should You Invest Now?

Gold Crash: Should You Invest Now?

Rediff.com24 Jul 2024

'If you invest in sovereign gold bond, you are going to get the price rise of gold over an eight year period.' 'You're also going to get that two-and-a-half percent which the Government of India is willing to give you, treating the money that you've invested in the sovereign gold bond as a kind of a FD or a deposit.' 'That kind of return you can never get anywhere else.'

'Kirana Stores May Adopt Quick Commerce'

'Kirana Stores May Adopt Quick Commerce'

Rediff.com23 May 2024

'Traders must adopt digital payments as soon as possible within a set timeframe, as the nation is moving rapidly towards digitisation.' 'Ignoring digital systems is not an option for strengthening trade.'

Amazon's plea against CCI order junked; told to pay Rs 200 cr penalty in 45 days

Amazon's plea against CCI order junked; told to pay Rs 200 cr penalty in 45 days

Rediff.com13 Jun 2022

The National Company Law Appellate Tribunal (NCLAT) on Monday rejected Amazon's plea challenging the decision of fair trade regulator CCI to suspend the approval for the e-commerce major's deal with Future Coupons. A two-member bench comprising Justice M Venugopal and Ashok Kumar Mishra, upheld the findings of the Competition Commission of India (CCI) and directed it to pay the penalty of Rs 200 crore imposed on Amazon by the fair trade regulator within 45 days from Monday. "This appellate tribunal is in complete agreement" with the CCI, the two-member bench said.

Why Are Milk Prices On The Boil?

Why Are Milk Prices On The Boil?

Rediff.com19 Jul 2024

Milk supplies could improve with the monsoon, provided the rains are not excessive.

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.

Ikea India shuts its Mumbai City store, might open another in Pune

Ikea India shuts its Mumbai City store, might open another in Pune

Rediff.com23 Feb 2024

Furniture retailer Ikea India on Thursday said it will shut down its store in Mumbai's R City Mall by the middle of this year and explore omnichannel formats in the city. The store at R City Mall, which is spread across 72,000 sq ft, opened in June 2022 to test the viability of small-format stores. The company's plan to shut down the store illustrates the concerns surrounding the viability of running a small-format store, given the rising rentals.

Indians Dominate TIME 100 AI Titans List

Indians Dominate TIME 100 AI Titans List

Rediff.com23 Sep 2024

The TIME 100 AI list is an interesting assortment of titans. Indians make up about 20 per cent of the coveted list, which is pretty commendable, notes Sandeep Goyal.

Reliance, BP partnership to continue despite end of exclusivity

Reliance, BP partnership to continue despite end of exclusivity

Rediff.com2 Oct 2024

Global supermajor BP Plc's exclusivity with Reliance Industries Ltd has ended but the energy giant will continue to pursue oil and gas as well as mobility ventures in India with the Mukesh Ambani firm owing to an unwritten strategic partnership, BP's outgoing India head Sashi Mukundan said. BP in 2011 spent $7.2 billion to acquire 30 per cent interest in 23 oil and gas blocks of Reliance. Eastern offshore KG-D6 block was the cornerstone of the deal that also provided for a 10-year exclusivity period which meant that BP would take up energy projects or investments in India only in partnership with Reliance.

Why retailers are angry with the government

Why retailers are angry with the government

Rediff.com11 Dec 2017

While brick-and-mortar retailers have been the most vocal in their protests, e-tailers do not seem to be in a hurry.

'Capital Gains Tax Changes May Impact Investment Behaviour'

'Capital Gains Tax Changes May Impact Investment Behaviour'

Rediff.com5 Aug 2024

'Volumes in F&O trading had gone up rapidly and, in a way, the increase in STT on F&O will protect investor interest.'