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BigBasket CEO Hari Menon steps down; Amazon veteran Amit Nanda takes overBigBasket CEO Amit Nanda: Tata-owned BigBasket founder Hari Menon has stepped down from the CEO role at the e-grocery firm, the company ann...
PMS vs mutual funds: 5 reasons to invest, and 5 red flags to watchPortfolio Management Services (PMS) offer structural advantages over mutual funds, allowing for concentrated portfolios, significant cash h...
Bigbasket elevates Seshu Tirumala as COO as it sharpens quick commerce pushTirumala joined BigBasket in 2014 and was most recently its chief buying and merchandising officer. He has also overseen sourcing, category...
For a match made in retail heaven, friction on earth can be realQuick commerce is transforming Indian retail. Platforms like Blinkit and Zepto now drive a significant portion of online sales for major FM...
Despite Trump's pressure, Cuba may not turn out like VenezuelaThe U.S. is increasing pressure on Cuba, but unlike Venezuela, the island nation lacks a clear opposition leader or succession plan. Cuba's...
Fishermen are being pushed to the brink by fuel costs in Southeast AsiaRising energy, freight, and supply chain expenses are escalating seafood prices globally. Governments offer aid, but it's stretched thin, i...
Hobby to hustle: Six years ago, the pandemic and lockdowns sparked a wave of micro-entrepreneurs. Here’s how some built to lastIndia’s Covid-era “hobby economy” — spanning gardening, baking, fitness and pet care — has evolved into a ₹1.5-2 lakh cr market, though not...
Global Markets | Australian shares flat as bank rebound offsets broader losses; US-China talks in focusThe meeting between the leaders of Australia's key trading partners is seen as a test for risk appetite in the resource-heavy bourse, with ...
These large- and mid-cap stocks can give more than 25% return in 1 year, according to analystsAs the stock market witnesses a recovery, what one should watch for is market breadth. Also, check which sectors are leading the rally. Why...
For investors with patience, experience, and anxiety appetite: 5 stocks from different sectors with upside potential of up to 21%For the last five years, the theme on the street has mostly been: Buy today, expect comfort tomorrow. But some of the better wealth-creatin...
These large-, mid- and small-cap stocks can give more than 22% return in 1 year, according to analystsWhen a market is in a secular correction due to fears that the economy might take a hit for some reason, the fall is generally across the b...
DMart enters Haryana market with 94,000 sq ft store in FaridabadBuilt on a plot size of 1.57 acre, the store in Sector 75 comprises three floors — basement, ground, and first floor — with a total built u...
Assam tea workers get only 7 per cent of price, says reportFor a 200 gram packet of branded Assam tea sold in India for Rs 68, less than Rs 5 is left for workers.
Retail stocks take a hit as AAP says no to FDI-funded stores in DelhiThe stocks of retail firms took a beating on the Street a day after the Delhi govt officially shut its doors to foreign-owned supermarket g...
AAP government writes to DIPP, withdraws permission for FDI funded retail storesAAP led govt has written to the department of industrial policy and promotion (DIPP) seeking to withdraw its permission to allow FDI in mul...
- Tesco chairman Richard Broadbent seeks clarity on retail policy: Anand Sharma
"Sharma met Tesco Chairman who sought certain clarifications on conditionalities in the new FDI policy for the retail sector," an official ...
FDI in retail meant to serve global supermarkets: Baba Ramdev"If people want a govt which works for their interest and not for that of the US, they will have to overthrow the Congress govt", Ramdev sa...
FDI in retail: Big retailers barring Walmart, Tesco adopt a wait-and-watch attitude to govt’s decision to allow FDI in supermarkets sectorGovt may have spread the red carpet out for overseas retailers, but the political heat its reforms burst has generated means that footfalls...
- Don't open multi-brand FDI in retail, PM told
The Samajwadi Party and the Left have urged Prime Minister Manmohan Singh not to let FDI in multi-brand retail sector, saying this will vir...
- Super, hypermarts to corner majority of investments: Study
The booming Indian retail sector, which is expected to reach a size of $1,011 billion by 2017, will see supermarkets and hypermarkets corne...