A summary of sports events and sports persons, who made news on Tuesday
The government is considering to tweak FDI policy in retail sector so as to allow global chains like Walmart, Carrefour and Tesco to open multi-brand stores in non-hilly cities with population less than one million.
Amazon committed a fresh investment of $3 billion, in addition to the $2 billion it announced in 2014.
Alnoor Peermohamed & Raghu Krishnan find out why the new CEO is said to be the perfect man for turning around Flipkart's fortunes.
AAP, set to form the government in Delhi, had said it was opposed to foreign direct investment in multi-brand retail.
In the previous Budget, the government had come out with a similar scheme.
The two companies have been negotiating to remain separate entities after a merger.
Over the last two years, despite an amnesty scheme, only about Rs 2,500 crore of taxes have been recovered.
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The best way to put the economy back on track is to abolish income and corporate taxes, as this will not only raise confidence but also increase savings and boost growth, the Bharatiya Janata Party's Subramanian Swamy tells Faisal Kidwai.
'While dairy farmers are suffering from low prices, consumers are paying a high price for milk.'
French giant might apply for multi-brand retailing if UK rival gets nod.
Thyrocare founder Arokiaswamy Velumani shares his success story with Anjuli Bhargava as he remembers the one person who stood by him through it all.
T E Narasimhan/Business Standard reports from Chennai on how the Future group plans to shore up its small store network in the South.
March and April payrolls were revised to show 32,000 more jobs.
The 53-year-old entrepreneur has felt the heat of e-commerce.
PE firm True North's investment model is to take 51% stake in mid-sized companies and make them large, says Niraj Bhatt.
Come and check us, we're always open and law-abiding, says co-founder of US-based entity selling in India, after Delhi Police asks govt to track some e-commerce sites.
Instead of announcing new schemes, focus will be on those already announced and key sectors.
Consumers are set to gain from discounts.
Foreign retail chains, reluctantly allowed limited entry, have begun to make their initial moves and, like Ikea, intend to spend big money -- sometimes in the billions of dollars.
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Retail giant Tesco's entry into Indian market has hit a regulatory roadblock.
His challenge now may be coping with Alibaba's undoubted status as a whale in the world of e-commerce.
India's plans to relax foreign direct investment (FDI) rules across a broad spectrum of industries have received the final approval from the Cabinet Committee of Economic Affairs (CCEA).
Come May, the Deltin Royale, which boasts of the country's largest poker room, will play host to India's first Poker Sports League.
Asking the government to tweak FDI norms in multi-brand segment, retailers said sourcing rules must be made similar to that of single brand while demanding foreign firms be allowed to put only 50 per cent of first tranche of investment in back-end infrastructure.
VCs have been especially bullish about India.
The company is not holding plans for clarity on policy.
These risks are viewed as more acute in the online world.
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Depreciating rupee a silver lining for some businesses amid the economic downturn.
'Competence, experience, matter, did you say?' 'No music was sweeter than the mash of xenophobia, jingoism, racism, misogyny.' 'And the master busker to play the tune was round the corner to capture an eager audience just in the nick of time.' Shreekant Sambrani on the Trump Triumph a week after his upset victory.
The numbers in India may not be as big but the opportunity for serious growth is all there.
Patience has kept IKEA, the euro 27-billion Swedish retailer, going despite entry hurdles. So says Juvencio Maeztu, its chief executive officer for India.
Despite four disarmament section talks and six strategic dialogues between the two foreign ministries, China's intransigence on recognising Indian nuclear status resulted in no confidence building measures in the nuclear field between the two, says Srikanth Kondapalli.
Jaitley said he is meeting the existing investors and potential investors, those who are looking at India, those who are looking to expand.
He wants to transform his retail-led enterprise into a consumer goods giant, and reach Rs 1 lakh crore in turnover by 2021, but is that feasible?
'Despite almost $30 billion of funding since 2001, all the US reaps today is unmitigated hostility of a Pakistan emboldened to flaunt its China card.' 'How can the US give credence to any offers from Pakistan, which has trotted out the standard alibi of non-State actors time and again, including dreaded terror outfits being out of State control, Pakistan itself being a victim and so forth?'
Companies world over have to confront unprecedented factors that can cause losses.
The target of $500 billion in bilateral trade by 2020 is doable, feels Anand Sharma.
Economist S Janakarajan, in an interview to Shobha Warrier/Rediff.com warns that without proper infrastructure, India will never be able to build a market economy.
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