Last year, traffic jumped 15 times on Snapdeal's 'Big Sale Day' on Oct 6, when it had clocked Rs 1 crore a minute of sales over 10 hours.
Premji is ranked 13th on Forbes' first ever list of '100 Richest People In Tech', followed by Nadar on the 14th spot.
Amazon India Country Head Amit Agarwal refers to all talk of mergers as 'noise'. 'All this is a distraction, when the focus should be on the customer,' he says.
With expectations of customers changing and demand for seamless, uninterrupted shopping increasing, tech companies are now using this fear of becoming irrelevant as a sales pitch to sell their products to traditional retailers.
Rajiv Chandrasekaran wrote Imperial Life in the Emerald City: Inside Baghdad's Green Zone, based on his days as the Washington Post's correspondent in Baghdad. It was made into a movie, starring Matt Damon.
Jeff 'Amazon' Bezos' $250-million purchase of the iconic Washington Post last week has sparked a debate on why billionaires are buying into a medium that is staring at irrelevance, if not death.
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.
From convincing film-makers to do shows for online, to having a slate with some of the best films and shows, Amazon Prime Video has come a long way since it came to India four years ago.
Budget forces last minute change in finance minister's plans.
Although Walmart-Flipkart wholesale game-plan is to target about a $150 billion market out of a total pie of $700 billion in the country, the consolidation marks the end of the multi-brand dream of the American retail giant.
In a short span of time, with the help of Amazon, Cloudtail was able to devise a model that could protect it from the vagaries of online retail business.
How should one billion Indians, for whom deprivation has become an inescapable way of life, join us in celebrating 75 years of Independence? And where do we go from here? asks Kalyan Singhal.
What seems to have changed over the last two-three years is that earlier the CCI considered online as another channel for retail sales, while it now seems dividing the retail market into two -- online and offline, and looking at them separately, say competition law experts.
There are few firms that are applauded for managing a healthy top line growth along with an impressive brand image that inspires most companies.
In some ways, Elon Musk's vision is even bolder and more transformative than that of Steve Jobs, says B S Prakash.
Netflix plans local studio in India push. Move comes as rival Amazon Prime Video lines up as many as 18 original shows for India.
In about a year, top e-commerce companies are expected to raise as much funds as the three sector leaders raised in about five years.
'In a part of the world where the government tells people what not to eat and what slogans to shout and not shout, it is beneficial to develop a mentality that is science minded and therefore open-minded.' 'That is possibly why the space programme has always had support from all sides of the political divide,' says Aakar Patel.
The people on the front lines of fighting the Ebola epidemic are Time Magazine's Person of the Year.
In its first acquisition in India, the American online retail giant is planning to buy out the fashion portal
These include Microsoft's Satya Nadella, Mastercard CEO Ajay Banga, and Harman International Chairman Dinesh Paliwal.
Exercise. Check e-mails. Wake up to a cup of tea.
In spite of the mega IPO of Alibaba, Flipkart-Myntra is not thinking of a public offering at this point
'They are geopolitical, commercial, educational, cultural and about innovation.' 'Also, they are about a common value system.'
Ajit Balakrishnan offers a recipe for creating 100,000 plus angel investors in India.
'While high-level interventions may help smoothen inter-State relationships, they cannot fundamentally change the alchemy of such relationships, which are firmly rooted in mutual benefits and mutual interests,' points out Ambassador M K Bhadrakumar.
Indian names that figure on the list, but lower down the pecking order include Tatat (101). Airtel (rank: 252), Infosys (287), Life Insurance Corporation of India (292), State Bank of India (334), HCL (390), Indian Oil (427), Reliance (445) and Larsen & Toubro (464).
Apple CEO landed in Kanpur for IPL match as jet to Vizag was late; he also got to see Lucknow
While investment activity jumped three to four times this year over last year for e-commerce, it has shown marginal growth (five per cent) in the case of consumer and retail
If successful, this would increase capacity to hurl small satellites into space, meeting both local demand and serving global customers.
"It is a reflection of the bipartisan support in the US to the relationship with India. It is also a reflection of the value people attach to this relationship," Singh said.
The strategy these online marketplace companies follow in the next few months will determine whether Amazon gets to be the leader in 2017.
Amazon's investors are counting on its international business and expansion to help drive growth and support its $165 billion market value, one of the highest among US firms.
Alnoor Peermohamed & Raghu Krishnan find out why the new CEO is said to be the perfect man for turning around Flipkart's fortunes.
Policy constraints may prevent many of the global retail giants from reaching their full potential.There are too many restrictions right now in the sector and policy makers lack clarity.
Persistence is the name of the game, says Vineet Bajpai.
The world seems to have caught severe pneumonia, or worse, as China had flu.
Images from Day 5 of the 2021 US Open in New York on Friday.
Now that Jeremy has decided to try his hand at something new, we asked Top Gear's Top Fan Anywhere, Raja Sen, to give Mr C some advice.
Online biggies and global retail giants are working on being omnipresent in both the virtual and the real world to see what helps them get the numbers, says Karan Choudhury.
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