The idea that technology and startups with newer business models will not disrupt traditional businesses has been thrown out the window.
RIL is also more profitable than Tata Motors.
Big retailers are openly talking of plans to harness the power of big data, even reporting those in annual reports as part of a long-term strategy.
Nearly 150 companies visited the campus this year.
'Almost 75 per cent of our total sales come from the top 50 cities in India.'
Before leaving on a 10-day foreign visit starting Monday, Sharma said he would address concerns of foreign retail sector investors and ensure help in setting up stores.
Here's a quick guide to navigating and ordering from global websites.
The US-based firm has marked down the value of Flipkart for the sixth time, the latest at a time when it has been struggling to raise funds at a valuation higher than or equal to $15.2 billion.
Amazon has committed over $5 billion to grow its business in India so far and says it will pump in more capital as and when needed, a big worry for rival Flipkart which has been struggling to raise funds over the past couple of months.
If you looked back at 2018 and had to give it a name, the Year of Limitations might be the most accurate.
Not just Tesco, Auchan, Walmart, even Biyani & Reliance keen on food FDI: Harsimrat Kaur Badal
"Rather than putting pressure on the businesspeople of the Manufacturing Council & Strategy & Policy Forum, I am ending both. Thank you all!" Trump said in a tweet.
One of the key concerns for non-users of voice assistants is trust.
Chidambaram expressed India's discomfort on the immigration issue
As many as seven retail shops on Lanka Road in Varanasi are owned and run by the extended family of the Kejriwals in the holy town.
India's growth presents a win-win partnership for the country and the US, and American companies have a great opportunity to contribute to that, Modi told the CEOs.
The news that Welspun has run into trouble with one of its biggest US-based clients has stressed its suppliers and investors alike
India looks less equal to China than 5 years ago, the strategic alliance with the US is hobbled by trade, and Pakistan is looking anything but chastened by Balakot. What has gone wrong? asks Shekhar Gupta.
Thirteen people, including the owners of a garment manufacturing unit, were on Sunday charged with culpable homicide for the death of 112 people in Bangladesh's deadliest factory fire.
There have been significant changes in Gujarat, says Uttam Ghosh, as he captures the state in his camera.
Business Standard checks out trade hubs across the country to assess the impact of demonetisation. The first of a six-part series takes a look at Tirupur.
In a recent interview, Narendra Modi, set to take charge as prime minister in a few days, had said his government wouldn't roll back any policy in the sector.
Deciding to focus on the cash-and-carry segment in India, retail giant Wal-Mart plans to open 50 wholesale stores in the next four to five years to expand its footprint in the country.
Will the next generation possess an even more internationalist outlook, and lose their Indian identities entirely? Will they continue to believe in a larger role for business in society and go beyond the boardroom to truly understand the Indian consumer, ask Geoffrey Jones & Vinay Sridhar of Harvard Business School.
Turbocharged with technology is becoming the Holy Grail of retail.
'Modi remains the most popular politician in India; the BJP's organisational and fundraising prowess is considerable; and the Opposition, while newly collaborative, has no leader or clear economic messaging as of yet.'
The first quarter of 2018 saw infrastructure and real estate drive investment worth close to $8 billion across 180 deals
New initiatives expected to bear fruit by middle of 2015
'India is so poor that political parties will not be able to wipe out poverty from our country in another 100 years. I am of the opinion that development can come only through corporates.' 'Tomorrow, if Tata or Birla or Reliance takes up another 500 panchayats, it will boost the Indian economy also.' Sabu M Jacob, managing director of the Kitex group whose NGO Twenty20 has just won a panchayat election in Kerala, speaks to Shobha Warrier/Rediff.com
Taking advantage of the absence of Nestl's Maggi noodles, Patanjali launched its own atta noodles last month.
Bharti Retail will issue one equity share of Rs 2 each for every share of Rs 2 held in Future Retail
Our governments are easily prone to arbitrary decisions but if you are dealing with international firms, such arbitrariness can turn back and bite you, says T N Ninan.
Core sector companies have seen volumes drop to single digit in the first nine months of FY16.
The world awaits a creative breakthrough for mobile phone ads, says Ajit Balakrishnan.
A 27-year-old Indian-origin woman, convicted of arson leading to her husband's death two years ago, has been sentenced to 20 years in prison by a court in the US state of Texas.
Aam Aadmi Party leader Arvind Kejriwal claimed on Sunday that his party will secure 100 seats in the upcoming Lok Sabha election and that the next government cannot be formed without its support.
India's rank was further amplified by the collapse of the South American and Russian economies.
In a major policy reversal, the AAP government wrote to the Centre to withdraw the approval given by the previous Sheila Dikshit government for FDI in multi-brand retailing in Delhi, saying the entry of global chains such as Walmart and Tesco in India would result in large-scale job losses.
Online grocers like Bigbasket and localbanya witness surge in sales.
The company's search for a partner in India seems to be grounded once again
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