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Dismisses speculation that he would launch a major e-commerce initiative soon.
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Close to 25 per cent of smartphone-users in country prefer to shop online than use shopping apps, a study by research firm Nielsen said.
The ban in India would hit Chinese internet companies that were making headway in the world's fastest-growing mobile market.
Apple's online launch is a symbol of success for FDI in single-brand retail, though there's no indication of how much the Silicon Valley major would invest in the country.
The new jobs - created both directly and indirectly - will be across industries, including IT, skill development, content creation, retail, logistics, and manufacturing.
From new and competitively-priced iPhones to slashing prices of its older models, it had a multi-pronged strategy.
The UN Conference on Trade and Development (UNCTAD) said in a report on Monday that a lower but positive economic growth in India in the post-Covid-19 pandemic period and India's large market will continue to attract market-seeking investments to the country. The World Investment Report 2020 by UNCTAD said that India was the 9th largest recipient of FDI in 2019, with 51 billion dollars of inflows during the year, an increase from the 42 billion dollars of FDI received in 2018, when India ranked 12 among the top 20 host economies in the world.
Snapdeal chief executive officer Kunal Bahl said Piramal's investment was a significant endorsement for the firm and the transformation the company has undergone over the last couple of years.
Across the country, companies have stepped up their act to contain the crisis. IT and other new economy firms seem to have taken a lead.
For last two months, much of the discussion, a large part of due diligence, agreement negotiations, etc, have happened remotely.
Flipkart has long been under the ED scanner for alleged violation of FDI rules.
A glance back at some of the important ups and down Indian Inc faced in 2018.
"We are delighted to welcome Google as a strategic investor in Jio Platforms. We have signed a binding partnership and an investment agreement under which Google will invest Rs 33,737 crores for a 7.7 per cent stake in Jio Platforms," Mukesh Ambani said at the company's annual general meeting.
The company is likely to choose one of its existing auditing partners -- PricewaterhouseCoopers, EY (formerly Ernst & Young) and KPMG -- as an advisor for the listing process.
Top 100 billionaires see their wealth rise 10%; top 20 account for half of total wealth of top 100.
Paytm has been preparing for the sale for the past three months.
Its overall picture quality is nowhere close to what Samsung, Sony or even Lloyd 4K TVs offer, says Veer Arjun Singh.
Tech start-ups will continue to take the lead in bolstering the regional economy, says Murali Talasila.
Vogo, which has a fleet of over 12,000 vehicles mainly across Hyderabad, Mysuru and Bengaluru, is also betting big on India's growing traffic congestion.
Amazon Fashion flaunts its triple digit month-on-month growth, races ahead of competitors Flipkart, Jabong and Myntra.
The company declined to comment on the banks or NBFCs that would be providing the loans.
Top companies across sectors -- automobile maker Maruti Suzuki, consumer electronics giant Samsung to IT giant Infosys -- have reopened factories and offices as India took its first steps towards resuming economic activity after weeks under a near-total coronavirus lockdown.
The highest domestic package, however, fell 10 per cent
Some other sites that allow repayment over longer tenures also waive off interest cost but that might be built into the product price.
To make the service a hassle-free everyday option, Daily will allow users to schedule their meals in advance or opt for a daily, weekly or monthly subscription.
'Almost 75 per cent of our total sales come from the top 50 cities in India.'
Chinese tech giant Lenovo unveiled its new 'layered' smartphone - Vibe X2 - priced at Rs 19,999 in India.
Indian retail market would have a size of $1 trillion by 2020, said India director for e-commerce and local classified, Nitin Bawankule, on Thursday.
'Walmart will source globally and more from China and will dump these cheap goods in India, making our country a dumping yard.'
US retail major is in talks with Flipkart, Snapdeal, ShopClues and Grofers for partnership.
The delivery channel of India Post is being utilised primarily for small towns and cities.
The agreement means consumers will enjoy more choices and varied price points.
The strategy of selling the phone will remain the same.
This issue assumes greater importance if you are a managed marketplace in the hypercompetitive online world.
The power of the small neighbourhood retailer can barely be ignored as organised players look to leverage their last-mile connectivity and reach, luring them by promising support in technology, inventory and tax management.
Nets three more foreign brands for exclusive retailing, but the cost of the business model may be high, say experts.
A large number of American companies like Google, Uber and IBM are offering their resources to help India successfully fight the battle against the deadly coronavirus pandemic.
Confused on when you should use 'the'? You are not alone!
Total exit value breached the $10 billion mark for the first time to touch $10.3 billion this calendar, from $9.4 billion in 2015
Indian non-store market set to touch Rs 57,500 crore by the end of the year.
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