From the Editor's Desk Market downturns are the best times for well-run startups. They can work on their core business, without having to worry about getting outpriced by flash-in-the-pan heavily-funded competitors. Bigbasket stuck to its core mission of getting an expanding assortment of groceries to you as quickly as possible and investors now want a bigger piece of that action. The grocery business with its issues of high number of SKUs, stockouts, low shelf life and notoriously low margins is a tough space to operate in. Ola, Flipkart and Paytm, have all shut their grocery adventures. Grofers and Peppertap will struggle to eke out margins from pure delivery. Private label and control on inventory should give Bigbasket an edge. Will it emerge as a stand-out success story in the online grocery space? Time will tell - Comment
CarDekho hires Fitrrati co-founder Amit Monga foto head auctions business Girnar Software Pvt Ltd, which owns auto portals CarDekho.com and Gaadi.com, has appointed Amit Monga as deputy director for its auctions business. Monga will be responsible for building the CarDekho’s auctions platform and managing a team of 70 members, the company said in a statement. An I
RJio preparing for soft launch of 4G services soon New Delhi, Mar 29 () Reliance Jio, the telecom arm of Reliance Industries, is preparing for a soft launch of its 4G services soon, Credit Suisse said in a note today. Jio has already launched services for Reliance group employees and their friends three months back.
Flipkart, Amazon will have to downsize WS Retail, Cloudtail WS Retail on Flipkart’s platform and Cloudtail on Amazon’s platform account for substantial shares of the sales on these platforms, with sales likely being above the 25% mark set by the government under the new FDI norms for e-commerce marketplaces.
Young startup leaders lead from the front Leadership experts say leading in startups and leading in large established organisations are two different ballgames. In startups, everyone has high energy and high level of excitement.
Very cheap, low-range electric cars key for China, India: Nissan CEO Ghosn Carlos Ghosn, who runs automakers Nissan and Renault, is one of the few auto executives who'll regularly take questions from a roomful of more than 100 journalists. At last week's New York Auto Show, many of the questions concerned plans by the Renault Nissan Alliance for more and higher-volume...
Jaitley agrees with Congress proposal to cap GST rate at 18% Finance minister Arun Jaitley said he agrees to the Congress demand that the proposed Goods and Services Tax (GST) rate should not go beyond 18 %, brightening prospects of the passage of the legislation in the second half of the budget session.
Indian govt disallows FDI in E-Commerce, limits discounting : Report In what is largely a status-quo ruling from the Indian government's Department of Industrial Policy and Promotion, FDI in B2C e-commerce has been disallowed in India, while FDI in marketplaces has been allowed to continue. A copy of the clarification and guidelines from the Indian governmen
Winners and losers, disruptors and disrupted : India Returning from a recent research trip, Kunal Desai asks three key questions: first, do prime minister Modi’s reform policies still offer hope for investors; second, what exactly is required to drive an earnings upgrade cycle; and finally, which areas of the market do we believe are most promising?
Wrestlemania Puts WWE In Competition With Major Sports Leagues We are closing in on a sports weekend for the record books in Texas - for an event that has nothing to do with March Madness and the Final Four. WrestleMania 32, taking place April 3 at AT&T Stadium in Dallas, will be the hottest WrestleMania ticket we’ve seen on [...]