In India, it is markets that sustain the farmers and not subsidies. We are therefore importing a failed model from America.
'Hundreds of thousands of people who earn their livelihood from the 12 million existing retail outlets may be put out of business by Big Retail,' says Bhavdeep Kang.
While NSE is exploring 8-10 new agri-commodities, BSE is eyeing as many as 15, most of which aren't traded on any other online derivative exchange in India.
PhonePe via Bharat Bill Payment System (BBPS) plans to get into a number of new verticals, including fee payments in schools and colleges, payments at hospitals and other services
Future Group Founder & CEO Kishore Biyani wants to take his pet theme of 'collaboration' to the next level for a greater share of the consumer's wallet.
Swedish firm IKEA has rubbished India's retail success claims. It is of the opinion that India is not yet ready for big retailers.
Online retail in the country is expected to grow to $200 billion by 2026, up from $15 billion in 2016.
Social activists, small traders and farmers organised protests in various cities across India, seeking restriction on foreign players' participation in the retail sector.
The traders' community in Thiruvananthapuram district has stepped up fight against the entry of big retail players into the state.
Big chains such as Star Bazaar, Future Group and D Mart have set up separate shelves to sell products of Patanjali.
Hindustan Unilever is associating with small-format retail through its Super Value Store, Dabur with Parivaar and Marico with Mera. At many shops, the counter has been modified into a U or L shape so that the shopper can move and pick items.
GE Money India said on Monday it is talking to big retailers including Bharti-Wal-Mart and Reliance for offering credit programmes such as the private label credit card it has provided to Tata Group.
Despite the onslaught from big retail chains, small kirana shops could get a lifeline from the Indian Institute of Packaging.
A dipstick survey of a bunch of small shops in Mumbai shows that the growth in their sales this season has been much less: under 15 per cent compared to 30 per cent in the previous years. "The malls have taken away our customers. They have a larger a variety of products which they are able to push through a plethora of schemes and very visible display," said Rajesh Shah, the owner of a kirana store in Andheri.
Durable retailers have lined up a series of offers to lure customers during Christmas and New Year's eve
The company, ranked 153rd on the Fortune list, is appointing a consultant to explore the possibilities, as part of an internal due-diligence followed for any new business.
Opposing the government's decision to allow foreign direct investment in key areas of the economy
T E Narasimhan/Business Standard reports from Chennai on how the Future group plans to shore up its small store network in the South.
About 27,420 tonnes of Maggi noodles will end up in furnaces.
Why should Reliance Digital position itself as an alternative to Chadhaji's store? It simply doesn't make good business sense, says Sudhir Bisht.
Phonemaker Apple is said to be in talks to take 30,000 sq ft retail space at plush property Maker Maxity, in Bandra Kurla Complex
In the concluding article of a six-part series, Business Standard visits Ludhiana, one of the largest industrial towns in Punjab, to assess the effect of demonetisation.
Lessons of Bengal's ill-advised restriction on potato trade.
Global sales made via mobile devices are expected to top $638 billion.
Not just Tesco, Auchan, Walmart, even Biyani & Reliance keen on food FDI: Harsimrat Kaur Badal
Neighbourhood stores have the ability to adapt to changes.
A number of smaller players are said to be gasping for breath.
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A discount on the product may make a credit card loan seem cheaper than a consumer durable loan. But missing a payment in case of the former will mean exorbitant charges.
"AAP has done a fabulous job highlighting corruption and governance issues and have a good platform for that, but their economic platform is very scary," Venktesh Shukla, president, The Indus Entrepreneurs Silicon Valley, the largest TiE chapter, told Rediff.com. "Valley investors are watching India minutely; the next few months are very crucial for Silicon Valley investors."
Mumbai-based LocalBanya is looking to expand to Pune and Delhi as part of its growth strategy.
PepsiCo India's new CEO admits to being an ardent follower of the world's management gurus and they clearly mould his outlook.
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