With e-commerce poised for exponential growth in India, the country is fast emerging as the new battleground for global retail giants. Can local players withstand the onslaught? The Walmart-Flipkart deal is a possible nightmare for the tax department given the complex holding structure of the Indian e-commerce giant.
OnePlus has always delighted customers by launching flagship smartphones at prices that are not over the top.
The Narendra Modi-led NDA government has completed four years. Let's evaluate its performance on some key parameters. The Gurgaon-headquartered start-up caters to the aspirational segment and the B2B space. The recent build-up of retail bad loans could be a sign of trouble ahead. Is Vedanta's Sterlite Copper smelter plant in Tuticorin (English for Thoothukudi) responsible for the cancer in the region? The burgeoning renewable energy industry is likely to witness an unprecedented IPO rush in the near future to tap India's capital markets. The relentless rise in crude oil prices is proving to be an intractable fiscal and political problem. Absolute transparency from social media sites is need of the hour. Fifteen years after the Model Contract Farming Act, the government has again formulated a model law for the states. In spite of the buzz around hiring them young and keeping them engaged at the workplace, the proportion of young professionals in IT companies is decreasing. As Europe's General Data Protection Regulation (GDPR) comes into force on May 25, Indian companies with business interests in the region will need to rework their data management systems. The aviation sector is facing fresh headwinds. Rising crude oil prices and intensified competition are hurting airlines.
Water-resistant smartphone cameras with 4k and superslow-motion video capabilities are strong contenders in the action camera space, although staunch adventure enthusiasts will disagree Interacting with humans, cobots will save time and money. Through examples of some of the world's most valued companies, the author illustrates how business leaders can achieve the brand-culture alignment. Gastric problems are quite common during summer months, but a little care and caution can help avert serious issues. Select picks from the world of luxury. The Android P update brings in some radical changes for users and developers. Active noise cancellation tech on windows for some blissful silence is the future.
Hardayal Prasad, MD and CEO, SBI Card, talks to Naveen Kumar on a range of issues affecting the credit card industry and how SBI Card, one of the leading players in the segment, is responding to those challenges. Managing your money can be tricky. Send your queries, and top-notch industry leaders will help you resolve any issue.
With SEBI mandating mutual fund schemes to recategorise and follow well-defined investment paths, it is time to review your portfolio.
The low-down on which asset class will attract the most investors this year.
Dr. Roland Busch, Chief Technology Officer and Member of the Managing Board of Siemens AG, since 2011, was in India recently to kick-start Siemens digital solutions for Indian industries. While IBC and GST are game changers, most policy moves of the Modi government in four years are work in progress The rise of family offices is redefining how rich and famous Indian business leaders manage personal wealth and other family matters. Futsal turfs, or mini-football grounds, are piquing the interests of sports enthusiasts, investors and entrepreneurs in India. A significant rise in private investments and constant reforms are needed to accelerate India's growth story. As the NDA government enters its final year, there is a long unfinished agenda that it may not be able to implement by 2019. The RBI's move to clean up bank balance sheets has made close to half a dozen banks nearly dysfunctional. There is little hope of their recovery in the near term.
"Work hard and never give up. That is the way to realise your vision. Self-initiative is the key to make changes happen."
Banks are joining hands with fintech companies to provide new services to customers. Public sector banks have a lot of catching up to do to engage with fintech players. Banks need to do a lot of work to secure their systems and customer data. As banks and financial institutions integrate fintech solutions with their core banking platform, it's a win for both.
The US-based retail giant Walmart is paying $16 billion to take a 77 per cent stake in Indian online retailer Flipkart.