India's quick-commerce (qcom) industry is facing significant profitability challenges in metro markets due to saturation and intense competition, with the number of dark stores already exceeding profitable capacity, according to a Bernstein report.
'The focus on easier access and faster delivery is creating a new consumption pattern that allows consumers to satisfy their last-minute cravings and restock essentials at the click of a button.'
"Our strategy has always been to focus on volume-led penetration growth," said Manish Tiwary, chairman and managing director, Nestle India.
10 stocks from the Nifty 200 index that offer good growth potential and scope to deliver decent returns from current levels, based on brokerage estimates.
Homegrown e-commerce giant Flipkart is experiencing a significant trend of senior leaders rejoining the company, driven by its people-first culture, opportunities for growth with ownership, and the chance to solve problems at an India scale.
Live commerce, quick commerce, group buying, WhatsApp commerce, dukaantech have made their mark.
'Regulatory challenges exist everywhere. What we look for is regulatory stability over time.'
Nepali students studying in India express anxiety and concern for their families back home amidst violent protests in Nepal, delaying travel plans and maintaining constant contact to ensure their safety.
Jane Street could do what they did because of the most fundamental flaw in the Indian stock market: a fragmented, fractured, fissured, fistula-ed liquidity stream, points out Shankar Sharma.
'If you align your ambition with India's rise, the peak of your careers will unfold alongside the peak of India's power.'
Reliance Industries invested Rs 30,000 crore (around $3.76 billion) in its retail business and added 2,500 stores, taking the total store count to 15,196 in FY22. Besides, Reliance Retail added 11.1 million square feet of warehousing space during the year, nearly doubling the warehousing space to 22.7 million square feet, Reliance Industries Ltd (RIL) said in the annual report for FY22. In FY22, Reliance Retail added over 1.50 lakh jobs, taking its total headcount to 3.61 lakh.
'After his warm and affectionate farewell speech, the Chief of Staff of the formation asked me, "So, now you are off to Coorg to look after your coffee estates?"' For the last time, in Army uniform and much to his surprise, I replied, "Sir, I am not from Kodagu.".'
It all started with Flipkart and Amazon trying to outdo each other - after Flipkart announced $1-billion fund-raising in July.
We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.
Morgan Stanley writing down its investment in the e-commerce leader by 27 per cent does not augur well for the sector.
'Given the inherent volatility, investors should take at least a three to five-year view.'
'Just the amount of work which is there just to become more and more successful in banking. For this to happen you need to have leaders who understand technology.'
Three years after launching Big Bazaar Direct, Future group CEO Kishore Biyani's enthusiasm for online ventures has been tempered by growth concerns
'We need a candidate who will do our work and fight with the authorities; someone we can hold accountable.' 'Piyush Goyal is not that candidate.'
As farmers continue their protests demanding repealing of the three new laws, Kumar also emphasised that continued negotiations with protesting farmers is of course the way forward.
... and I learn more about economic trends than from books, says Ajit Balakrishnan.
Chief Economic Adviser (CEA) K V Subramanian on Tuesday exuded confidence that India would achieve double-digit growth in the current financial year on the back of policy initiatives and continuing reforms. He also said the country is well poised to meet the fiscal deficit target of 6.8 per cent of GDP. "At this stage, I can say confidently that we should be able to achieve that fiscal deficit number. "Any shortfalls that might happen on the disinvestment side will also be accompanied by positive surprises that have happened on tax revenue," he told reporters.
Railway Budget is the first indicator of possibly better days
Here's a quick guide to navigating and ordering from global websites.
'If the RBI blesses us with a banking licence, we would like to launch a successful bank.'
'The BJP would like to capitalise on Yogi's tough image on criminals, law and order situation, and hands-on CM.' 'Modi will be an additional advantage, but it is primarily a contest between Yogi and Akhilesh.'
'The economy of Kashmir has collapsed.'
Entrepreneurship hasn't been a cakewalk for him, says Sinha.
'The threat that India faces and the threat the United States faces is not just to the homeland, but to our people and to our institutions wherever they may be.' In an exclusive conversation with Aziz Haniffa/Rediff.com, US Assistant Secretary of State Nisha Desai Biswal outlines the importance of Prime Minister Modi's visit for America.
Pakistan's High Commissioner to India Abdul Basit on Wednesday hoped that Prime Minister Narendra Modi's visit to his country during the next SAARC meet would go beyond SAARC issues.
Manu Kumar Jain, India head, Xiaomi, tells Sangeeta Tanwar how the Chinese smartphone maker won over the Indian market.
'This solid verdict would further strengthen his resolve to drive forward the economic agenda to ensure that the fruits of the economic momentum continue to reach the poor, so visible during the last five years.'
Critics have even suggested that India is doing this because it is not prepared to take on the requirements of TFA, with a relatively weak trade infrastructure.
Or it could lose you one, says Samali Basu Guha.
Radhakishan Damani is the only billionaire to see his wealth grow by around 20% during the lockdown.
'I give Modi full credit, for brilliantly using his personal diplomacy, his personal stature, to accomplish his goals...'
From mass layoffs to acquisitions, here's how the Indian start-up industry kept us on our toes.
News of all that's transpired on and off the football field
The prayer, Sarvejana Sukhinobhavantu, or let the whole universe of living beings be well, helps. So do profound and relevant Ancient Wise Words and aphorisms: Vasudaiva Kutumbakam, or the whole world is one big family, interconnected, interdependent. And a sense of humour, jokes, pranks, writing, conversations. And, last but definitely not least, the rippling waves of inner realisation on the background mind-track -- about the insignificance of ego, the importance of humility, the wasted opportunities in life, the wrong moves, the strokes of luck, the past 'sins', the what-ifs.
Swaraj said there is scope to do a lot more and this would be an important element of their deliberations.
