Policy constraints may prevent many of the global retail giants from reaching their full potential.There are too many restrictions right now in the sector and policy makers lack clarity.
An alumnus of IIM-A from the 1983 batch, Nanda was a Robert Braucher Professor of Practice at Harvard Law School and later a Harvard Business School faculty member, before he took charge on September 2, 2013.
Top ten billionaires in India.
Hindalco has done very well with Rs 900 crore (Rs 9 billion) of ebidta in June quarter.
It took Flipkart a little over 24 hours to complete due diligence and come up with a final offer that was $20 million higher than what Snapdeal was ready to forfeit.
In the decade since Biyani revolutionised retailing in India, he has attempted a number of things, eventually exiting a few of them.
The meeting will focus on how to make the crisis an opportunity for India.
In about a year, top e-commerce companies are expected to raise as much funds as the three sector leaders raised in about five years.
Ambani brothers on Wednesday showered lavish praises on Prime Minister Narendra Modi saying, India has now got a decisive and visionary leader.
The Aditya Birla group has slammed rating firm Moody's for placing Novelis, the group's aluminium products subsidiary, in line for a possible downgrade to default.
CEOs are not happy with scorecard so far but are ready to invest more as they think one year is too short a time to revive the economy
Market breadth remained strong with 1,581 advances over 1,018 declines on the BSE
The financial year ending Saturday saw such big-ticket events that set the directional tone for the country's business journey.
The 46-year-old chairman of the Aditya Birla Group has made at least 28 acquisitions since he took the reins of the group 18 years ago.
Exuding confidence in setting up a profitable banking venture, industrialist Anil Ambani on Tuesday said the proposed bank will help lower Reliance Capital's debt to one-fourth of current levels and would be listed as a separate entity in three years.
12,000: Number of people Flipkart plans to hire in FY15.
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.
But the road map of telecom will be decided by one thing: Whether Jio sticks to its ambitious plan and whether incumbents have enough financial muscle or ability to raise money every year to ensure that Jio does not reach its target, says Surajeet Das Gupta.
CEOs fear any change in status of the mines will mean disruption in production, loss of investment and increased production cost for user industries.
Talking corporate heads are a barometer of the business community's engagement with the economy. If they have nothing to say now there should be cause for concern.
Chanda Kochhar, managing director of ICICI Bank, says the new government must take effective action bringing clarity around tax laws.
India Inc has too much on its plate to ensure double digit growth in FY16.
KVIC is keen to build an international footprint and is hopeful about signing up B2B agreements with at least 40 countries, to which end it has even registered a GI (geographical indicator) tag in the UK, Germany and Russia.
'When you come through the hassles and struggles of business life, your mind is wired differently.' 'You are more connected to reality,' Akali Dal MP Naresh Gujral tells Rahul Jacob and Archis Mohan
Tata Group's CLiQ is the latest to join the e-commerce club, to compete with the likes of Amazon, Flipkart and Snapdeal.
India Inc's investments abroad in April-June 2015 have once again risen to $1.3 billion.
'Research shows that customers want their loans instantly.' 'So the team asked can we reduce the time for approval from 5 days to 30 seconds?' 'It took the company two years of hard work to tear apart our operations and processes and rebuild them through fresh ideas and by leveraging technology.' 'We reduced the time of loan approval to 3 hours and another year to get it down to 30 seconds,' Sanjiv Bajaj tells Surajeet Das Gupta.
Reliance Retail follows Future Group in online foray
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Depreciating rupee a silver lining for some businesses amid the economic downturn.
Riding on a stock market boom since 2009, India Inc's chief executives have been able to salvage a lot of lost pride in their second innings.
R-Power, Essar could be hit as state mulls benefit-sharing levy for ecology loss.
Companies write off investments, shed assets as initial projections go haywire
Year 2013 saw business leaders facing the ire of hostile investigative agencies.
Bandhan Bank is the first bank to be launched in eastern India post Independence.
Discount chain to expand to the east and west, continue with third-party brands.
Jaitley's Budget has the potential to change the face of Modi's Bharat
The Supreme Court on Wednesday stayed the summons to former Prime Minister Manmohan Singh and 5 others by a trial court over the coal scam.
The combined networth of India's 100 wealthiest is $381 billion (nearly Rs 25.5 lakh crore), a rise of 10 per cent from $ 345 billion in 2015
The idea that technology and startups with newer business models will not disrupt traditional businesses has been thrown out the window.
For FY14, the first full year of the law's implementation, the spend could go up to nearly Rs 8,700 crore (Rs 87 billion), given that India Inc's profitability has grown at a compounded 7.5 per cent annually in the past three years.
