From the Editor's Desk The recent Retail Leadership Summit started off with a bang, as famed investor Rakesh Jhunjhunwala almost 'ragged' Sachin Bansal of Flipkart on the issue of a sustainable business model for e-commerce companies in India. While Sachin was mostly cool and measured in his responses, the suggested path to profitability goes back to an old adage in retail - The customer chooses you for one or more of 3 things: Convenience, Assortment (Selection), Price. While pricing may be the primary differentiator today, it's likely that a unique and wide assortment (only available on Flipkart) becomes the differentiator tomorrow. This is especially possible online, where a long tail of products can be sold without the overheads of a brick and mortar operation - Comment
Global War for Talent: Time to React Enterprises are facing global competition for talent not only in engineering and math but also in business transformation. How can they attract the best and the brightest? An expert panel debates at NASSCOM 2016.
It’s official, OYO Rooms acquires rival Zo Rooms : Report Branded budget hotel rooms aggregator OYO Rooms has bought out its rival Zo Rooms. Talks of the acquisition were in the air since December 2015, but a quarterly presentation by SoftBank confirmed the deal. Earlier in the week, NextBigWhat pointed out that Zo Rooms website and mobile app were
The Indian automobile market : Big is in Even as policymakers try to discourage gas-guzzling, smoke-emitting vehicles with tougher emission norms, car makers pitch big cars with powerful engines to aspirational young consumers eager to explore the great outdoors
Ishrat Jahan: The inconvenient story no one wants to tell Firstpost has obtained 26/11 perpetrator David Headley’s testimony to the FBI, which shows he was told Ishrat Jahan was a suicide bomber. The UPA government has hidden this and other part of the story even as a CBI probe seeks to indict the highest leadership of India’s intelligence in the 'encounter killing'. - Firstpost