Reliance’s acquisition of the Future Group is a consequence of disruptive and opportunistic thinking but it throws up interesting questions about the survival of smaller players.
Indian Commerce Minister Piyush Goyal’s rebuke of Amazon chief Jeff Bezos, during his recent visit to India, needs to be seen in the context of the e-commerce giant’s alleged predatory and anti-competitive practices that threaten the livelihoods of millions in India’s largely unorganised retail sector. Highlights: Indian Commerce Minister Piyush Goyal’s criticism of Amazon chief Jeff Bezos was an unprecedented move. The rebuff from the government and the traders’ protests come at a time when India’s anti-trust regulator, the Competition [...]
The region is a magnet for fintech growth, writes an entrepreneur behind a Dubai start-up. The UAE is known for tall buildings, large projects on sea, oil economy, trading and real-estate projects. The landscape is transformed with e-commerce start-up SOUQ.com taken-over by Amazon for over $650 million. The UAE is a very small country with 10 million people and seven emirates, diversity is huge with people from over 160 countries. So ideas flow rapidly. Given the context of the vision [...]
After the heady rush of initial years, Indian start-ups went through a churn in 2016. A spate of mergers beckons this year, as local firms brace against a global onslaught. He was a 26-year-old young achiever. A dropout from India’s premier tech institute —Bombay IIT. A chief executive officer of a company he himself co-founded with 11 others. A man who became the toast of the nascent start-up ecosystem in India when within two years, five rounds of funding, a [...]
Delhi-headquartered logistics technology solutions company FarEye recently announced its foray into Europe as Belgium’s leading postal service, TBC Post, opted for its services. The CEO and co-founder tells ‘India Global Business’ what sets Indian tech solutions apart in the global marketplace.
The FarEye logistics technology solution is unique in that it is a home-grown technology product and solution combination that has gained global acceptance in a short period of three years.
Let me share what FarEye’s powerful mobile platform does. Our logistics technology solution digitalises enterprise operations by empowering field workforce. The solution includes intuitive dashboards that deliver real-time visibility to CXOs (corporate executives) to better serve their customers. This empowers the enterprises to build a competitive advantage by improving agility.
Ramesh Abhishek, Secretary, Department of Investment Policy and Promotion (DIPP), took time out of his punishing schedule to meet ‘India Investment Journal’ to speak about, among other things, how his department is easing rules and re-engineering government processes to make India an easier place to do business in. India’s rank has improved just one place to 130th in this year’s World Bank Ease of Doing Business Index. Why? Reforms on ease of doing business are underway on 10 parameters. Unfortunately, [...]
Amazon’s India chief presents case studies to show how the global e-commerce giant is using technology to evolve and transform lives in this exclusive article for ‘India Investment Journal’. As a rule, Nadeem would come across as a predictable face in a ‘National Geographic’ documentary on Mumbai’s humming Dharavi. His job in a small leather workshop earned him just enough to meet household expenses.
Amazon’s India chief presents case studies to show how the global e-commerce giant is using technology to evolve and transform lives in this exclusive article for ‘India Investment Journal’. As a rule, Nadeem would come across as a predictable face in a ‘National Geographic’ documentary on Mumbai’s humming Dharavi. His job in a small leather workshop earned him just enough to meet household expenses. However, the changing growth dynamics brought him to his destiny; an opportunity to do business on [...]