The world's richest people have become poorer.
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.
Namrata Thakker takes a look the celebs who impressed us with their sartorial choices in May.
The offer of $196 per share represents a premium of 49.5 per cent to LinkedIn's Friday closing price
Lacazette fired the Gunners ahead in the eighth minute after poor defending by the home side before new signing Gabriel made it 2-0 in the 49th and Aubameyang put the icing on the cake with a superb shot into the top corner.
Bastian Schweinsteiger wants to continue playing for Manchester United this season, even though manager Jose Mourinho said last week that the former Germany captain is unlikely to figure in his plans. "My dream is to play for Manchester United," the 32-year-old told reporters at a Germany news conference on Tuesday, reflecting on his bad luck with injuries last season.
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.
Britain's Olympic silver medallist Amir Khan is likely to drop back to welterweight to fight Manny Pacquiao, who holds the WBO title at the weight.
Playing helps me forget the war, the bombs, the rockets and the children who were killed.
The FIFA task force looking into dates for the Qatar World Cup has recommended a shorter tournament to be staged in November and December 2022, the head of the Asian Football Confederation told reporters on Tuesday.
New Zealand's Jeff Crowe has been named the match referee, with England's Ian Gould and Steve Davis of Australia the third and fourth umpires respectively.
Here are the events that shaped the newspaper.
We had been hearing about the Amazon tablet for quite some time. The rumour mill has been put to rest after Amazon CEO Jeff Bezos launched the latest Kindle. Now, that the secret is out of the box, we take a look at the bells and whistles Fire has to offer.
Goyal wondered why an e-commerce market place model, where a firm provides an IT platform for buyers and sellers, was incurring such huge losses adding that it needs to be looked into.
Kishore Biyani met Jeff Bezos, the founder and CEO of Amazon, in Delhi last week and "discussed many things like the macro environment and the prime minister"
Mobile phone could someday have an airbag.
The signing of Germany captain Bastian Schweinsteiger from Bayern Munich was a massive statement of intent by Manchester United.
Amazon's fresh investment in its India entities come at a time when the Seattle-based firm has faced losses in several of its business entities in India, such as seller services, wholesale, transportation services and digital payments, for the 2018-19 financial year.
UAL and Continental Airlines closed their merger on October 1 creating the world's largest carrier by traffic.
Mitchell Johnson's Ashes rampage has got the highest praise from former Australian cricketer Jeff Thomson who was reminded of the hurricane force that he and Dennis Lillee were in the 1974-75 series against England, according to reports.
Satya Nadella was drenched with a bucket of ice water on his head as part of a challenge he took to raise awareness about a neurodegenerative disease and in turn challenged Amazon CEO Jeff Bezos and Google co-founder Larry Page to do the same.
United States coach Jurgen Klinsmann has been suspended for the CONCACAF Gold Cup final for showing dissent on the sideline following his side's 3-1 semi-final victory over Honduras.
As if the defeat in the first Test was not enough, West Indies paceman Ravi Rampaul was on Friday fined for showing dissent to an umpire's decision and skipper Darren Sammy was reprimanded for his actions against the spirit of the game.
While revenge and God's grace on the right-doers are the dominant themes of True Grit, one could say the film is equally about special relationships that you forge along the way.
'Very few things have given me greater joy than watching/hearing Gavaskar take on some of the fastest bowlers the game has seen, with guts, without the now ubiquitous helmet, says M P Anil Kumar.
Sikka ranks 35th in the list.
The endorsement first by a sitting American Senator comes days ahead of the crucial Republican presidential primaries on Tuesday in 11 states.
Manchester United midfielder Bastian Schweinsteiger says he will not play for another club in Europe despite being unable to seal a place in the squad under new manager Jose Mourinho. Schweinsteiger, who is yet to make a first team appearance for United this season, has been made to train with the club's reserves and would be sold after Mourinho signed French midfielder Paul Pogba from Juventus, according to media reports.
"I am on the side of the bishops' conference," Francis said.
ICC CEO Haroon Lorgat on Monday played down the toss controversy during the India-Sri Lanka World Cup final, when the coin had to flipped twice by India captain Mahendra Singh Dhoni, following a confusion.
A group of teenagers in western New York has been arrested for allegedly harassing worshipers and firing a shotgun outside a mosque.
Two goals each for Roberto Firmino and Sadio Mane helped Liverpool to keep in touch with Premier League leaders Manchester City with a 4-2 win over lowly Burnley at Anfield on Sunday.
The Best Actor category this year is largely being considered a two man fight between Jeff Bridges and George Clooney.
'To be an immigrant, a South Asian immigrant of colour, a woman to be included in the Portrait Gallery... it really says that we are the country where people look for the people who make a positive impact and celebrate them,' Nooyi, 64, told reporters during the portrait gallery induction ceremony on Sunday.
The last of the major Oscar nomination contenders this year, True Grit is often discussed as a remake of the 1969 hit Western that fetched an Oscar to John Wayne. But Coen brothers insist while the plot line is same as in the previous True Grit, and both films are based on a well-reviewed novel by Charles Portis, they went directly to the source. Their film is seen through the eyes of the young girl, unlike in the 1969 film.
A 15-year-old youth armed with a handgun who burst into a classroom and held 23 students and a teacher hostage for more than five hours in a US town died on Tuesday from a self-inflicted gunshot wound, police said.
As part of the arrangement, products from Timberland's portfolio will be available through various premium department stores across the country, besides its own outlets. "With rapidly-growing fashion and retail sectors, we believe India will become a key market for us," Timberland president and chief executive officer Jeff Swartz said in a statement.
Total committed investment in India now is over $5.
Shannon Gabriel extends unreserved apology to Joe Root for sledging
South African paceman Dale Steyn is to be investigated by match referee Jeff Crowe for allegedly spitting in the direction of West Indies spinner Sulieman Benn during the third and final Test in Bridgetown, Barbados.
