'Opportunity for a country like India is huge in terms of wealth creation.' 'That's the reason India is an attractive economy for investors.'
"This is completely untrue. Please do not re-circulate such message without checking it with authority," Adhia said.
While most others have not been able to replicate the WeChat model successfully, experts expect Jio to be able to score on its 300 million plus new mobile phone users.
Bengaluru-based iKaaz Software, a mobile payment solution provider, is launching a new application, MOWA, that works almost like the Apple Pay
Recent easing of restrictions does not address the pain in the sector.
Wal-Mart India said it will "engage and work" with the new government and continue to focus on the cash and carry business in the country in the backdrop of Narendra Modi led BJP getting mandate to come to power at the Centre.
'Have we finally gotten over the holy cow syndrome?' asks Saisuresh Sivaswamy after watching Aisi Taisi Democracy in action.
Over 12,450 LPG users have so far voluntarily given up their subsidies, but this accounts for only 0.008 per cent of about 15 crore (150 million) domestic cooking gas consumers in the country.
'Unlike Big Bazaar, where the promoter calls the shot, in ABRL, professionals take decisions. So, every new CEO leads to a change in strategy, which confuses vendors and the team.'
Gaurav Mehta, one of 100 'Young Global Leaders', is tapping entrepreneurs inside rural Indians.
AAdhar cannot be successful unless there is proper coordination at the helm.
Telecom companies (Airtel, Vodafone, ABNL-via Idea Cellular), which enjoy larger reach, appear to be better placed among the key companies bagging payments bank licences.
Reliance Retail and Bharti Enterprises are understood to be in talks to buy India assets of the world's second largest retailer Carrefour that has decided to exit the country by closing its five stores.
Make no mistake, Reliance's entry into Indian e-commerce cannot be taken lightly. It is akin to a combine of AT&T and Wal-Mart challenging Amazon on its home turf, says Shailesh Dobhal.
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.
India Inc has expressed strong displeasure over the Delhi government's decision to withdraw approval to FDI in multi-brand retail, saying the move was likely to hinder foreign investments flowing into the country.
Ajit Balakrishnan on how the Web could return to its original egalitarian goals.
Singing the national anthem and watching patriotic movies on Doordarshan.
Coca-Cola's acquisition of British coffee chain Costa, its biggest acquisition of a brand in history, faces three challenges in India.
Dismayed by the BJP's decision to say no to FDI in multi-brand retail in its election manifesto, India Inc has urged the party to reconsider its stand, saying the move may send a wrong signal to overseas investors.
Most public sector banks, flush with deposits now, offer 3-4% interest on savings deposits, while a few private sector banks go up to 6%.
The governments of Karnataka, Uttar Pradesh and Rajasthan want a lower limit of Rs 100,00,00 gross annual turnover.
There is a need for stimulus, as India is essentially a consumption economy, argues Cargill India chairman Siraj Chaudhry
Physical format stores are here to stay.
With Big Bazaar Direct, the company franchisees will visit customers to take orders and the products would be delivered in three to seven days.
In conversation with Walmart India president and CEO Krish Iyer.
While the government's demonetisation move is aimed at curbing under-invoicing, the worry was that retailers would de-stock in the short term, impacting sales.
Even the well heeled in metros find it difficult to go completely digital. Cash withdrawals from ATMs are back at the same level as they were before demonetisation
In the crazily complex cauldron that is India, where caste, community, class and cash are just the primary ingredients, no one has yet come up with a fool-proof method to ascertain how voters make up their minds, on which button to press, in the privacy of their 'confessional' booths, notes Krishna Prasad.
Walmart is waiting to understand as to how much multibrand retail might or might not move forward.
Mumbai-based LocalBanya is looking to expand to Pune and Delhi as part of its growth strategy.
He's betting big on small stores to help him reach 10 million households by FY21, report Abhineet Kumar and Raghavendra Kamath.
Ajit Balakrishnan reflects on pariahs, small businesses, and blockchains.
iD Fresh Foods, India's largest ready-to-cook food manufacturer, is looking to create a Rs 1,000-crore business in the next five years.
The Pakistan High Commission staffer, who was detained for his alleged involvement in an espionage ring, belongs to the Baloch regiment of Pakistani Army and was on deputation to spy agency ISI since 2013.
Governor also says two-stage verification for card transactions might go; RBI in process of setting up IT arm
Nandigram today is a conglomeration of model villages fenced by its greenery.
Santosh Kaveri, a young inventor from Karnataka, is a sterling example of the 'Made In India' initiative. Find out why his dreams of being an innovator-enterpreneur shattered.
While the widespread feeling is that employment growth has been sluggish, some argue that, since sabka vikas slogan will most probably not deliver, Mr Modi and the BJP are going in for an unambiguous strategy of Hindu consolidation, says Subir Roy.
Walmart, the world's largest retailer, is hoping to get more than 30,000 consumers through its e-commerce pilot project that will be launched in the first week of July.
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