In the decade since Biyani revolutionised retailing in India, he has attempted a number of things, eventually exiting a few of them.
Few angels have seen exits; till that happens, they won't be rushing to invest again.
'This setback is only transient, and this too shall pass.'
With Big Bazaar Direct, the company franchisees will visit customers to take orders and the products would be delivered in three to seven days.
Except for Xi, 69, all top officials including the number two leader, Premier Li Keqiang will be replaced in the massive reshuffle to follow in the days to come, which included a new foreign minister replacing the incumbent Wang Yi.
'People are saying Mayawati has an understanding with the BJP.' 'They are calling us the BJP's 'B' team which I did not like.'
The Central Committee members on Sunday elected a 25-member Political Bureau which picked the Standing Committee members to govern the country.
However, NFTs and Metaverse are in their first-generation (Gen 1) or initial phase and the market is filtering the assets from the point of view of their worthiness. NFTs having real artistic value have not participated as much in the fall. Some innovations are also happening or expected going ahead, which will take this asset class to the next phase.
Chinese President Xi Jinping is all set for an unprecedented third five-year term as he was 'elected' to the powerful Central Committee of the ruling Communist Party on Saturday while several top leaders including Premier Li Keqiang have been left out in the major shake-up at the top.
With around 2 million Covid vaccine doses likely to get wasted in December, leading hospital chains have now started to give it gratis to citizens. Sohini Das and Ruchika Chitravanshi report.
'These measures should be in place throughout the year in order to bring down AQI levels to 100 or below'
IPO-bound mobility platform Ola, said it has successfully raised $500 million via a Term Loan B (TLB) from marquee international institutional investors. This term loan has no impact on the valuation of Bhavish Aggarwal-led Ola. The Bengaluru-based firm recently raised $139 million. This is part of a $1 billion funding round for which the company is in talks with investors, increasing its valuation to about $7.5 billion, according to the sources.
He becomes 2nd Indian to win this award; N R Narayana Murthy won it in 2003.
'Even if Akhilesh Yadav opens up the entire state treasury for us we will not vote for the Samajwadi Party... ''...I don't want to return to my village, my head will be chopped off. They want me to press the button on the lotus.' Caught between an aggressive BSP cornering Dalit votes and the BJP cornering other Hindu votes, the Muslims of Muzaffarnagar have nowhere to go, no one to turn to. Rediff.com's Sheela Bhatt presents the grim situation on the ground in western Uttar Pradesh.
Should we not be creating roles in India for the talented, asks Ajit Balakrishnan.
Richest Indian Mukesh Ambani on Tuesday mentioned about leadership transition at his energy-to-retail conglomerate, saying he wants the process to be accelerated with seniors, including him, yielding to the younger generation. Ambani, 64, who has previously not spoken about succession plans at the country's most valuable company, said Reliance is "now in the process of effecting a momentous leadership transition." Ambani has three children -- twins Akash and Isha, and Anant.
The Adani group has the maximum number of companies in the trillion club at five, followed by the Tata group (four).
'There was a certain difference that separated him from the rest. That's why his life is so celebrated, his loss is felt globally.'
'Enterprises have become more demanding in terms of their productivity expectation from their employees.'
A magisterial court had on July 2 dismissed his bail plea and sent him to 14-day judicial custody (JC) in the case, citing the nature and gravity of the offences against the accused and observing that the matter was at an initial stage of investigation.
Personal accident cover should be purchased by everyone, irrespective of age, occupation or health condition, as one does not know when an accident could occur, causing hardship to the family.
The court framed charges against Aam Aadmi Party leader Tahir Hussain and 10 others in the case.
Former head of McKinsey & Co,c, is not alone in writing a book on his life after serving a prison term.
'If we want a stable society, then all groups must feel that they have a seat at the table of power.'
The recent spate of technical glitches in aircraft has prompted the Directorate General of Civil Aviation (DGCA) to issue an order on July 18, making aircraft maintenance engineers (AMEs) with category B1/B2 licences the final authorities in certifying planes. This has put the spotlight on the availability of such personnel. According to the order, airlines were resorting to frequent one-off authorisation by the Category A certifying staff at transit stations, which is not in line with existing regulatory provisions.
Japanese tech investor SoftBank may end up investing around $1 billion in India in 2022, nearly a third of what it did last year, according to people closely tracking its plans. Last year, SoftBank undertook investments of $3.2 billion in 12 deals. In the first five months of CY22, the giant investor has invested $400-500 million in five deals.
Faced with one setback after another in expanding the scope of mining in the country, almost all the major miners of the world have wound down their operations in India.
For now, Bounce, Shuttl, Fab Hotels, Instamojo, Zomato, Curefit, and HealthifyMe, among others, are going for salary deductions. Most of the consumer internet start-ups, besides those who are in the grocery delivery, education tech, and video conferencing business, would ultimately lay-off people and cut back salaries.
On the itinerary: Luxury camping, tribal homestays, heritage cities.
After a recent fall in profit, Masayoshi Son of SoftBank announced that the Japanese tech investor will look at dramatic cost-cutting. Before he does that, investments in India for calendar year 2022 (CY22) will fall radically, observed sources in the know. Last year, the company had invested around $3.2-3.5 billion in the Indian start-up ecosystem - almost 10 per cent of the total investment the sector received. For CY22, the investments may not even touch $1 billion.
Internal documents at Facebook show "a struggle with misinformation, hate speech and celebrations of violence" in India, the company's biggest market, with researchers at the social media giant pointing out that there are groups and pages "replete with inflammatory and misleading anti-Muslim content" on its platform, US media reports have said.
In 2017, when Infosys announced that Salil Parekh would be its next chief executive officer (CEO) and managing director (MD), very few in the industry or the analyst community doubted his ability to bring the company back to a healthy growth trajectory, improve morale within the company and, more importantly, win the promoters' trust and investor confidence. There were reasons for this confidence. He was not only the deputy CEO of the Paris-headquartered IT services major Capgemini, but also one of the only non-European faces on the executive board of the company.
Pfizer and BioNTech SE on Monday said trial results of COVID-19 vaccine showed that it is safe and produced robust neutralising antibody response in children aged five to 11 years, and they plan to seek regulatory approvals as soon as possible.
The ever-astute Ravi Matthai, Director of Indian Institute of Management, Ahmedabad in 1971, offered me a basic salary of Rs 1,000 per month on my return from the United States. I doubt if IIMA could hire a faculty member at Rs 55,000 per month today! points out Dr Shreekant Sambrani.
The AFSPA is in force in Assam, Nagaland, Manipur (excluding Imphal Municipal Council Area), Changlang, Longding and Tirap districts of Arunachal Pradesh, and areas falling within the jurisdiction of eight police stations of districts in Arunachal Pradesh bordering Assam.
Sunday's yatra proved that it needs both the maturity of locals as well as the police doing their duty, to ensure that a religious procession doesn't turn ugly.
Zubair was arrested by the Delhi Police on June 27 for allegedly hurting religious sentiments through one of his tweets.
Prasanna D Zore/Rediff.com reports from Shivaji Park and the MMRDA ground to sense the mood of Shiv Sena workers -- from the Uddhav Thackeray and Eknath Shinde camps.
'Upper castes who complain against reservations are fighting only for their own castes.'
