In a recent acquisition, Flipkart has acquired an Israel-based start-up called Upstream Commerce. The move by India’s largest online retailer is a step towards supporting its consumer base with services such as real-time pricing and information about the products. Prior to this, Flipkart also acquired an Indian artificial intelligence start-up Liv.ai in August. The second […]
India’s Big Billion Days: Flipkart aims to double the size of electronic sales
Ahead of the festival season, Flipkart ̶ one of the India’s leading e-commerce giant ̶ is forging partnerships with key players like Xiaomi and Blaupunkt, expecting to take electronic sales to a new height, while competing with online retailers like Amazon and Snapdeal. Sandeep Karwa, head of electrical appliances, Flipkart, said that the company is […]
Gaurav Bhatia-headed Sotheby’s marks its auction debut in India
After ruling the art auction market across the globe, Sotheby’s, headed by Gaurav Bhatia has marked its presence in India with “Boundless: India” in Mumbai Ever since its inception in 1744, Sotheby’s has been uniting collectors with world-class art work. It became the first international auction house by expanding its operations from London to New […]
Flipkart eyes stakes in Hotstar
With more than 800 million users in India, the online entertainment segment is growing drastically in India, creating more space for the top OTT (Over the Top) sector. Players such as Amazon Prime, Netflix and Hotstar are already catering to millions of consumer with their online content. According to Reuters there can be a possibility […]
The Indian dairy market 2020 – on the path to becoming world leaders
According to CRISIL, the Indian dairy market is set to witness a boom in the coming years. The estimated investment in the next three years is approximately Rs 140 billion. Strengthening the claims by CRISIL, Amul, one of India’s leading dairy product manufacturers, is set to acquire a dairy plant in Wisconsin, USA. The first […]
Shubh Jewellers emerge as the leader of South Indian gold market with their value chain
The Indian gold industry has the largest market of gold across the world with a market size of nearly $80 billion. With numerous jewelers and great potential in the industry, the expectations of purity and design are soaring with each passing day. While short span of sinusoidal changes is a daily routine of the industry, Rajesh […]
The dominance of Rajesh Exports on SEZ trading and its future
The Cochin Special Economic Zone (SEZ) has seen an increase in the number of gold jewelry and bar shipments. However, the other SEZs have seen a decline. Looking at the imports for April and May, $1,381 million was the total worth of gold bars. The over increase in the import was 917 per cent, from […]
What makes airlines give you cheap flight tickets despite increased passenger traffic ?
The passenger traffic for airlines has increased by about 17 per cent in the past year. However, an increased competition along with a rise in the capacity by 15 per cent, is the reason why there has been no increase in the airline fares. The overall capacity in seat kilometers stands at 130 billion kilometers. […]
Lira falls again, Turkey in trouble
At the starting of the year, a Turkish Lira was worth $0.26. Now, the value has dropped to $0.15, marking a 42% drop, a new record low. This has caused a lot of concern in the Turkish business sphere, root of it being the clash between President Donald Trump and President Tayyip Erdogan. After Turkey […]
A list of India’s top 100 companies to work for in 2018
Many individuals dream about working in a multinational company, a well-known brand or a leading organization within the country. These organizations are termed as best after a proper validation, which is undertaken by the experts and pundits. On the other hand, feedback from employees and a cultural audit also makes it easy to list down […]