The 53-year-old entrepreneur has felt the heat of e-commerce.
Footfall at malls are down 20-25 per cent in the past couple of years.
Sachin Bansal, who had co-founded Flipkart with Binny Bansal in 2007, would exit the company
By being a mindful, eco-conscious consumer of food you can make a difference. On World Environment Day, we tell you how you can do that.
The latest updates from the Tamil film industry.
11 private firms would be involved in the ambitious project.
About 9 million people in Mumbai live in areas where homes are hardly two metres apart. Vaihayasi Pande Daniel/Rediff.com reports on the lurking dangers in the city's slums in the times of the coronavirus.
A fun excerpt from Diptakirti Chaudhuri's Bollygeek: The Crazy Trivia Guide to Bollywood.
'If it works, something good can come out of this tragedy for the common public good,' say Dr Prasad Gadgil and Dr Kunal Basu.
The company would venture into khadi products and animal feed this year, Ramdev said.
Patanjali Ayurved is also looking at entering the highly competitive dairy segment this year.
This Jenner sister is on her way to becoming the queen of cosmetics. And she just turned 20.
Invests $1.1 billion in 6 months, against $3.7 billion in 20 years
If Sachin Bansal sells his stake at a little over 5 per cent and steps down from Flipkart, as reports have suggested recently, either Binny Bansal or Kalyan Krishnamurthy, CEO of Flipkart, could be an option for the leadership position.
Apple Inc may have the best to offer in the near term.
Given that India will get a huge part of its oil supplies from Iran through its government-owned oil PSUs, any unwelcome shocks in global crude rates could be absorbed well enough.
Jigar Shah, chief executive officer, Maybank Kim Eng Securities is not certain that the DMart listing would trigger a re-rating of the Indian retailing sector.
Uber said it is conducting a full audit of its verification, rider feedback and support processes apart from assessing its driver screening processes, Ola is getting GPS installed in all its partner taxis.
The Rs 51 per GB data versus industry norm of Rs 250-plus comes with the caveat of an upfront payment of Rs 1,498 for a year
Telecom Secretary J S Deepak has resolved the toughest issues facing the sector, but his real test will be in delivering on the govt's Digital India dream
Here's your weekly dose of stories that are weird, true and funny!
With the festive season underway, retailers in the online and the offline world need to prepare well to offer the best deals to consumers and earn trust.
'Understand one thing, if you want immediately and magically that things should become cheap, it's not possible. It's a long-term policy.' 'Inflation is linked to the storage system and with the production system. Whenever production rises, prices go lower. So if we store when the prices are low and release them when prices rise, prices can be maintained.' 'The problem is that in our country fruits and vegetables worth Rs 110,000 crore go to waste as they rot. And grains worth Rs 85,000 crore rot. So the storage system is another big reason for inflation.' Union Transport Minister Nitin Gadkari in an exclusive interaction with Sheela Bhatt/Rediff.com
'Till the time the Modi government is ruling, they will write off loans of corporates and give opportunities to rogue businessmen to run away, so we will have to come again and again on the roads to demand our just rights.'
Last September on the eve of the release of Gurmeet Ram Rahim's MSG: The Warrior Lion Heart, Rediff.com's Patcy N and Afsar Dayatar attended a huge concert in Sirsa, Haryana, to promote the film.
Guadalupe Jaimes, a Chicago roofing supply salesman, calls the $100 pay-per-view price tag for a high-definition broadcast of Saturday's boxing mega-match "ridiculous."
Eat clean and chemical free for a happy and healthy heart, mind, body and soul, says Anang Agarwalla.
CCI investigation into predatory pricing likely
'Modi wants to reverse everything Nehru did, but is shy of touching his daughter's most unwise policies.' 'There is no example of this more stark than bank nationalisation,' says Shekhar Gupta.
Given the current global cues, if the next six months do not turn out to be the way we would want it to, we are definitely looking at a very gloomy start to 2016.
Ma and the other co-founders had finalised the name "Alibaba" after much research on its acceptability.
With a middle class still so small and no apparent leaps in productivity on the farm or in manufacturing on the horizon, India faces its own age of diminished expectations.
The Information Technology Act needs another tweak to allow a different kind of information intermediary to flourish, says Ajit Balakrishnan.
A government that confuses PowerPoints for policy is delaying structural change too much.
How did the Kwid become an Indian success story?
Duncan Fletcher's impending exit prompts Haresh Pandya to suggest 'Indian' options for the job of national coach.
Have committed themselves to investing Rs 1,85,000 crore since last year.
Nestle refused to regret the mistake in a public statement.
A look at the life and times of maverick businessman Chinnakannan Sivasankaran
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