Succession plan triggered upgrades from brokerages
From rotating chairmanship to handing over firm to professionals, top family businesses have tried different formulae to ensure smooth transition
The e-commerce major said the aim is to empower the farmers of Gujarat and offer high-quality fruits and vegetables to its customers
Intends to raise $300-400 million as German parent unwilling to infuse fresh funds
udaan has already garnered over 50 per cent market share while Reliance is at around a quarter share, says the report by top investment bank Jefferies.
The pilot is expected to begin with select numbers in Navi Mumbai and will eventually be rolled out in phases to include the rest of Mumbai and another one or two cities in the next one to two months.
The funds will be used to focus on the product and tech development, expanding into new geographies and on working capital requirements
Slated for launch in 2022, JioMart's conversational e-commerce push on WhatsApp will serve up catalogues from merchants and allow users to order essentials both on demand and as subscriptions
Slated for launch in 2022, JioMart's conversational e-commerce push on WhatsApp will serve up catalogues from merchants and allow users to order essentials both on demand and as subscriptions
JioMart's B2B business model has created a dilemma for India's FMCG companies who risk alienating the 4.5-lakh distributor community. Find out the stumbling blocks in JioMart's path to dominance
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Nearly 45% of the total 301 retailers in a survey said they selected Udaan as distribution partner versus 33% for JioMart
Company's deeply discounted offerings were prompting more stores to order their digitally from JioMart Partner app, posing an existential threat to more than 450,000 company salesmen.
From Parag Agrawal's appointment as Twitter CEO to JioMart's new move, Business Standard brings you the top news on Tuesday
The move comes 19 months after Meta Platforms Inc., previously known as Facebook Inc., invested nearly $6 billion into Reliance's Jio Platforms unit
Thousands of salespeople representing consumer giants face an existential threat to their business.
While Tata has an upper hand like in-house products and brands, RIL has the backing of global biggies like Google, Facebook and Microsoft, says head of a rating firm
Techy conglomerate investing in Flipkart at a time when Reliance Industries and Tata are betting big on e-commerce as well.
Flipkart saw more than 250 mn customers over a 5-day period during its flagship 'Big Billion Day' sale event, and PhonePe reached milestone of 1 billion monthly payment transactions, McKenna said
Two recent steps, both by the original posterboy of e-commerce, Flipkart, make it clear that we've come full circle on grocery