Through this transaction, Amazon has managed to acquire around a 3.6 per cent stake in the Future group.
While reforms may translate into new opportunities for firms like ITC, Adani Wilmar and Reliance Retail, farmers are unlikely to use it for fear of upsetting commission agents.
A team of 50 people led by celebrity chef Sanjeev Kapoor and NGO Akshaya Patra supervised the night-long preparations and yoga guru Ramdev put crowning tadka in the dish at the World India Food event that will conclude on Sunday.
Age and experience not less relevant but firms are gradually moving towards younger leadership teams
Several leading industrialists, including Reliance Industries CMD Mukesh Ambani, Vedanta Resources Limited executive chairman Anil Agarwal, chairman emeritus of Tata Sons Ratan Tata, Mahindra Group chairman Anand Mahindra, Paytm Founder and CEO Vijay Shekhar Sharma, Welspun Group chairman and Assocham president B K Goenka, attended the swearing-in ceremony.
Gearing up for the upcoming state assembly polls, the Bharatiya Janata Partyon Wednesday named its organisational spearheads for the elections, putting Union ministers Dharmendra Pradhan, Pralhad Joshi, Gajendra Singh Shekhawat and Bhupender Yadav in charge for the contest in Uttar Pradesh, Uttarakhand, Punjab and Manipur respectively.
Finance Minister Nirmala Sitharaman on Tuesday unveiled a Rs 39.45 lakh crore Budget with a view to fire up the key engines of the economy to sustain a world-beating recovery from the pandemic. This was Sitharaman's fourth Budget. While the taxpayers were left in the lurch, once again, was she able to cheer Corporate India?
Once heavily dependent on the cigarettes segment, corporate behemoth ITC has diversified over the past two decades into many businesses that now generates 58 per cent of its revenue. Sanjiv Puri, chief executive officer, ITC, shares his plans with Arnab Dutta.
According to analysts, winning back consumers' trust in instant noodles won't be easy for any player.
The first flight to land at the Delhi airport from London on Friday was Air India's AI112 that had 256 passengers in it, said Gauri Agarwal, founder of the Genestrings Diagnostic Center.
"India's middle class, small traders and farmers are the lifelines of its economic growth. By catering to these ambitions #Budget2019 infuses hopes for millions of dreams."
The move by four airlines -- IndiGo, Air India, SpiceJet and GoAir -- to suspend the stand-up comedian raises fears that the government can use the no-fly list to settle political scores, undermine the freedom of citizens.
'We are certainly open to inorganic opportunities to grow.'
The hits and flops of the week.
Analysts remain sceptical on the profitability from freighter business, saying that once normal air transport resumes and there's abundant belly capacity, the traditional economics of air cargo may not be that lucrative.
As many as 48 ministers of National Democratic Allaince government were in the fray in the general elections.
The outgoing chairman believed in building for the future; for his successor, the challenge will be to maintain the momentum, says Ishita Ayan Dutt.
Sebi found that on average, the remuneration paid to CEOs in certain Indian companies are far higher than the remuneration received by their foreign counterparts.
Portfolios of more than half-a-dozen ministers are expected to be changed.
In the third reshuffle since coming to power, Prime Minister Modi raised the strength of his Council of Ministers from 73 to 76.
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