OYO is already India's largest hotel network with more than 100,000 rooms in 230 cities, as opposed to Marriott's 23,000 and Taj Hotel's 17,000.

A Walmart spokesperson said that there is always a scope to move talent across different entities or geographies based on expertise.

RBI pulls back rupee from the brink by selling dollarsThe rupee slumped to a historic low of 72.91 in morning trade on Wednesday forcing the RBI to sell US dollars in the market through public sector banks to bring the Indian currency back from the brink. The government also issued a statement that the rupee would not be allowed to crash to an unreasonable level which further bolstered sentiments and enabled the rupee to climb back to 72.18 vis-a-vis the US dollar at the end of th...

Last year, Amazon was granted permission by the Indian government to invest $500 million in a wholly-owned venture to sell local produces and packaged food items through online and offline mediums.

In grocery, we have national as well as regional brands. We are bullish about staples and expect lot of online traction, so we have put our own brand, Natures, which has done very well, says Avani Davda, Managing Director, Godrej Nature's Basket.

Google is reportedly looking to team up with Alibaba-backed Paytm Mall to pick up a 7-10 per cent stake in Future Retail for Rs 3,500-4,000 crore.

Agritech companies are revamping the farm-to-fork supply chain. The big gainers are farmers.

Flipkart Pvt Ltd, which has made its second entry in the segment after a failed attempt with Nearby, aims to make a difference by launching an extensive supply chain, bringing in its own label, giving every day discounts, etc.

This will be Swiggy's third round of funding this year. People in the know said that some of the company's early investors may sell their shares this round.

In a statement Swiggy said that Scootsy will continue to operate as an independent app post acquisition.

Swiggy that fulfills around 14 million orders every month is planning to grow their business vertical to almost 15-20% of their revenues in the next two years.

Paytm Payments Bank CEO Renu Satti has resigned from the role and will now head Paytm's new retail initiative. Paytm will look for a replacement for Satti, who had taken over as the CEO last year.

Amazon Prime members can be a part of the Prime Day sale that will last for 36 hours straight from 12 pm on Monday. Amazon Prime is launching over 200 new products.

Prime members shopping for Rs 1,000 on Amazon Pantry during Prime Day will get additional savings of Rs 2,400 over the next one year.

\"As Reliance transitions to become a technology platform company, we see our biggest growth opportunity in creating a hybrid, online-to-offline new commerce platform,\" Ambani said at the RIL AGM.

This is in addition to the recently launched Amazon devices, Fire TV Stick, new Kindle, Kindle Paperwhite (WiFi), Echo Dot and Echo on Prime Now. 

Amazon announced the launch of Fire TV Stick, Kindle and Echo on Prime Now. Prime Now is an app-only \"ultrafast\" delivery service available to Prime members in Bengaluru, Mumbai, New Delhi and Hyderabad.

How India stores is changing; big money sniffs fortune

The plan is to initially see how it's 'milk-bread-egg' model works, and subsequently push in more profitable daily food items like vegetables, fruits, etc, at your doorstep.

The online retail behemoth said that people from 100 per cent serviceable pin codes in India have placed orders on its platform.