Former PepsiCo CEO Indra Nooyi has lauded India's efforts in fighting the Covid-19 pandemic. However, for the country to grow, it needs to further improve ease of doing business, she has said.
Speaking at the Amazon Smbhav event, the HUL chairman argued that the pandemic has accelerated digital adoption, and it has made companies rely more than ever before on partnerships.
Today, the urgency to pivot to radically new ways of doing business has become paramount. Companies must operate like startups—with an ability to shed old skin quickly and adapt to innovative ways.
The ongoing legal battle between the retail giants has raised several concerns. The delay in sewing up the deal may spell trouble for the cash-strapped Future Group.
While the trillion-dollar-market-cap club has been dominated by firms from the West, of late there has been shift in innovation and influence to the East. This gives India a chance to join the club.
Cloud computing will lead the new digital transformation journey for companies big and small. Who will emerge as the undisputed cloud leader from the big-tech stable, however, remains to be seen.
B2B marketing got on to the digital bandwagon relatively late. But the foundations have already been laid. Companies now need to leverage digitalisation to hit that growth curve.
The Indian retail industry witnessed heightened activity this year. Seated at the high table are Reliance Industries, Walmart-owned Flipkart, Jeff Bezos’ Amazon, and the Tata group. Game on, then.
