As Amazon India, Flipkart are forced to shut down 60 categories and push out 45 mn products, a new lobby group comprising sellers is in the making to take up e-com concerns.
Analysts say consumers would be the real winners.
Ma is also exploring strategic play in one of the largest media houses in India.
Eight months after acquiring the semi-express carrier Speedage, mail company TNT India is still integrating the two entities.
Lack of visibility on rates makes companies apprehensive.
'Unlike India and Sri Lanka, there was no internal air travel needed.' 'For all 8 teams, different hotels are available, a separate one for the broadcasting team too.'
This is the fifth centre to be established at the ISB. The school has already set up four such centres in the areas of entrepreneurship, finance, logistics & manufacturing, and IT.
Plans to outsource record-keeping to private entities.
The National Institute of Business Management, Chennai, invites applications for admission to its two-year distance learning MBA programme.
With expectations of customers changing and demand for seamless, uninterrupted shopping increasing, tech companies are now using this fear of becoming irrelevant as a sales pitch to sell their products to traditional retailers.
Snapdeal, which has raised about $400 million since its inception, has invested about $100 million in logistics and operations to expand its presence in the $3 billion Indian eCommerce market.
India's economy could prove to be the "most resilient" in the subregion of South and South-West Asia over the long term, according to a report by the UN, which says a positive but lower economic growth post COVID-19 pandemic and the country's large market will continue to attract investments. The report titled 'Foreign Direct Investment Trends And Outlook In Asia And The Pacific 2020/2021', and compiled by United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP), stated that inward FDI flows to South and South-West Asia slightly decreased by 2 per cent in 2019, from $67 billion in 2018 to $66 billion in 2019. The growth, however, was mainly driven by India, which accounted for 77 per cent of the total inflows to the subregion and received $51 billion in 2019, up 20 per cent from the previous year.
As a model of transport, the A380 strikes a parallel -- a shared fragility -- with giant container ships, observes Shyam G Menon.
What is aggravating the situation is that e-commerce firms are facing huge shortage of delivery personnel. They have not been able to bring back their staff to work, despite offering higher pay and Covid-related insurance packages.
Mumbai Mantra has produced eight movies -- Sorry Bhai!, Acid Factory, Sab Se Peeche Hum Khade and Mumbai Chakachak in Hindi, Antaheen and Shukna Lanka in Bengali and Hum Bahubali and Chandu Ki Chameli in Bhojpuri.
PSU divestment, LIC IPO, fiscal deficit: Budget 2021 marks a clear change in the Modi government's stance from fiscal conservatism to growth orientation.
Indian auto and pharma industries import several critical components and raw materials from China.
This was the biggest IPO in the Indian market since Infratel's.
A number of smaller players are said to be gasping for breath.
ICICI Bank extended yesterday gains, rising 10% in two trading sessions
The near term will be challenging, as most will struggle to adapt to the new regime.
"I could not bring the rickshaw for the US President due to logistics problem," a disappointed Irfan Alam told PTI at a reception hosted by Indian Embassy in Washington in honour of six Indian entrepreneurs invited by Obama to the summit that concluded in Washington on Wednesday.
Record equity divestment by the Reliance Group in its telecom and retail businesses garnering around $23 billion revved up the deal street in 2020, which otherwise would have gone down as one of the dullest on record, and dealmakers are seeing sunnier days in 2021 given the large scope for consolidation in a slew of sectors ravaged by the pandemic. With Jio Platforms alone garnering over $16 billion (Rs 1,18,318 crore) by selling 25.24 per cent stake and Reliance Retail notching up $6.4 billion (Rs 47,265 crore) by divesting around 9 per cent shareholding, the deal street signed off with $85 billion in the deal kitty across 1,270 transactions. This is higher by about 10 per cent over 2019. What is significant is that over a third of the total deal value came from Reliance transactions, say investment bankers.
Prabhu's maiden Railway budget is high on vision.
Siddhartha's knack for value investment dates back to 1995 when he infused capital in Kshema Technologies, which was acquired by MphasiS. He also took an early exposure in Mindtree way back in 1999. Since 1995, he had invested in more than 15 technology companies including chip-designing firm Ittiam Software, and GlobalEdge Technologies, among others, says Debasis Mohapatra.
Ahead of United States President Barack Obama's visit to New Delhi, an advance American team held talks on agenda and security-related aspects on Friday even as top Pentagon official Frank Kendall will arrive on January 21 to give final touches to defence-related content.
Labour law changes for three years may not be enough as it takes a couple of years for factories to build and operations at a proper scale start only in the third or fourth year.
Mr Prabhu has a big challenge ahead in implementing trade reforms to regain the lost export momentum, says Jayanta Roy.
The decline was led by index heavyweight Reliance Industries along with ITC and HDFC.
Once heavily dependent on the cigarettes segment, corporate behemoth ITC has diversified over the past two decades into many businesses that now generates 58 per cent of its revenue. Sanjiv Puri, chief executive officer, ITC, shares his plans with Arnab Dutta.
He's betting big on small stores to help him reach 10 million households by FY21, report Abhineet Kumar and Raghavendra Kamath.
Cheap data plans, affordable handsets, increasing popularity of video services and 4G networks have helped average data consumption per user in India to grow to over 11 GB a month, telecom gear maker Nokia said on Thursday. Nokia -- in its annual Mobile Broadband India Traffic Index (MBiT) report -- said the overall data traffic in India increased by 47 per cent in 2019, driven by continued 4G consumption. 4G data constitute 96 per cent of the total data traffic consumed across the country, while 3G data traffic registered its highest ever decline of 30 per cent, it added.
Maruti Suzuki, Tata Motors and Hyundai stand to gain the maximum, given their large portfolio of products in the sub-4 meter segment.
FMCG, automobile industries say if GST regime kicks in, rail hubs can take Make in India to a new high.
A day after the Ministry of Home Affairs allowed sports complexes and stadia to open without spectators, National Sports Federations were deliberating ways to facilitate training of at least the Olympic-bound athletes. The lockdown has been extended till May 31.
To tide over the difficulties due to incessant shutdowns, several farmers in Maharashtra have turned into aggregators and started selling their produce without the help of mandis or agents. They have started contracting with bulk consumers like hypermarkets and co-operative housing societies to sell their produce directly.
The sector will start making operating profits by 2020.
The Budget would have been the perfect vehicle to introduce some bold initiatives.
That opportunity has been lost through this Budget, observes Shreekant Sambrani.
Market place model of e-commerce means providing of an IT platform by an e-commerce entity on a digital and electronic network to act as a facilitator between buyer and seller.
