
Walmart bets on Uttar Pradesh’s small businesses
The global retail giant is banking on India’s large micro, small and medium enterprises (MSME) sector, and sees Uttar Pradesh as its key focus area.
The global retail giant is banking on India’s large micro, small and medium enterprises (MSME) sector, and sees Uttar Pradesh as its key focus area.
In a bleak 2020, beauty and fashion retailer Nykaa showed strategic nimbleness to stay strongly in the game, even managing to raise funds and become a unicorn in the process. Will it stay the course?
Finally, the moment-in-the-sun for the Indian startup ecosystem seems to be on the horizon. And this is why the fate of Flipkart's maiden IPO—that too worth $10 billion— matters.
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.
CEO Jeff Bezos says the e-commerce giant will use its global footprint to export $10 billion worth of ‘Make In India’ goods by 2025.
Reliance plans to launch a unique physical-digital retail business platform that is already being piloted across India and is expected to be rolled out nationally in the coming years.
The outlook for private equity (PE) deals remains strong due to robust macroeconomic fundamentals and rising competition among PE funds.
Amazon India’s smooth ride may have faced a bump in the form of the revised e-commerce norms, but the company has taken it in its stride and is aggressively courting new customers.
Why is the Walmart-Flipkart deal what we at Fortune India call the “Move of the year”? Our predictions on what the biggest trends and stories of 2019 are going to be, and more from the latest issue.
Biggest ever acquisition is set to pull down operating income and earnings per share till FY20; but management gung-ho about success in the long run.