The BSE Sensex has been one of the top-performing areas of investment in the past 40 years, consistently delivering double-digit returns in rupee terms, beating assets such as global equities, precious metals, and fixed income.
With a confident new generation of innovators, India now has the scale and self-belief to shape its own digital destiny marked by creation, observes Ajay Kumar chairman, UPSC.
Tamal Bandyopadhyay details HDFC Bank's digital journey.
'One Chinese interlocutor said India should realise that "China can do without India, but India could not do without China", pointing to its inability to do without Chinese intermediates and components,' former foreign secretary Shyam Saran discovers on a visit to China.
In spite of the mega IPO of Alibaba, Flipkart-Myntra is not thinking of a public offering at this point
'The startup ecosystem, the government, and the owners of large pools of Indian capital need to actively support the creation of these local champions, not pull down the teams that are trying hard to get there.'
Commerce Minister Piyush Goyal's scathing remarks on Indian startup ecosystem and its innovation priorities have drawn sharp reaction from the industry, with Zepto CEO Aadit Palicha putting up a strong defence citing the company's contribution to jobs, FDI and terming it a "miracle in Indian innovation".
High-networth individuals and domestic funds from India are eyeing a slice of the much-touted mega IPO of Chinese e-commerce giant Alibaba, which looking to raise an eye-popping $21.1 billion.
Alibaba will acquire 25 per cent stake in One97 Communications.
He was number three in 1999 when the company was founded.
Alibaba is playing a big role in helping to train the senior management of the upcoming Paytm Payment Bank
The largest e-commerce entity of China is setting up its first India office -- an indication that it intends to capture a pie of the growing e-commerce market here. Raghavendra Kamath & Alnoor Peermohamed report.
The founder of the e-commerce firm, which specialises in procurement of industrial products, believes if he plays his cards right, his company could become a unicorn with a valuation of $1 billion in 5 years.
The next time you visit Alibaba.com, seeking professional advice on international marketing, you'll find a young Indian at your service.
Ma and the other co-founders had finalised the name "Alibaba" after much research on its acceptability.
Alibaba Group Holdings Ltd may scrap plans to invest in online marketplace Snapdeal, technology website Recode has reported.
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Traders were up in arms, fearing huge job loss if Walmart was to enter.
'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'
The privately-owned Hangzhou-based group, which has been in news for its impending IPO, is already sourcing human hair from the southern regions of India and has identified this category as a 'big opportunity', along with others like machinery, agro products, apparel and spices.
Chinese e-commerce giant planning to enter India this year, will take on global e-retailer
Even within China, economic slowdown and stiffer competition may hit growth.
Consumers are set to gain from discounts.
It is watching e-commerce policy fineprint before spelling out India plan
A source said the deal would see Alibaba invest around $600 million
Alipay payment service is about bringing the world's consumers and businesses together.
To take on Amazon, Paytm e-commerce plans to add close to a billion products from all across the globe to its shopping cart.
Alibaba in talks to invest up to $700 million in Snapdeal
Amidst strained ties with China, the pre-budget Economic Survey on Monday made a strong case for seeking foreign direct investments (FDI) from Beijing to boost local manufacturing and tap the export market. As the US and Europe are shifting their immediate sourcing away from China, it is more effective to have Chinese companies invest in India and then export the products to these markets rather than importing from the neighbouring country, the Survey said.
He also praised PM Modi for his leadership and said that it is the best time for both the countries to work together.
The 24-hour delivery offer applies only to select postal codes and is not available across the country.
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.
Startup founders need to sit up and think about how not to take stardom for granted and how not to disappoint their fans who have stood in long queues for those precious selfies with popular entrepreneurs, notes Nivedita Mookerji.
Alibaba, the world's biggest e-commerce firm by transaction value, supports small businesses on its platforms.
Flipkart claims to have more than 90,000 sellers on its platform.
Alibaba.com, China's biggest business-to-business website, on Tuesday said it was poised to become India 's top online marketplace by number of users as it launches its first major overseas expansion.
RJio's LYF, Videocon and other smartphone makers to also get notices
Its internet penetration still matches up poorly to other countries
Paytm will cross 100 million wallets ahead of its self-determined deadline of 2015-end. It currently has 66 million.
Billionaire Mukesh Ambani's Reliance Industries Ltd climbed eight spots to the 45th rank, the highest for an Indian company on Forbes' latest Global 2000 list of public companies worldwide.
Its market capitalisation tops those of the 3 largest Indian firms combined
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