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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
Amazon has built its empire on incremental shifts in retail convenience - starting with e-commerce itself. Enter Ether-commerce, where products order themselves, and you are never out of stock. In late 2015, its Dash Replenishment Service (DRS) came online. It's Dash Button but without the button: Manufacturers large and small can bake automated purchasing into their devices, so long as those devices run software and can talk to the Internet. As of January, Brother and Samsung printers, Gmate glucose meters, and GE washers began ordering supplies for themselves without human intervention. The whole thing seems preposterous, but didn't e-commerce once seem unlikely, too? In time, inevitably, we'll adjust to robot shoppers, for good or for ill - Comment

Morgan Stanley India telecoms report: Cash is king ahead of spectrum auctions, 'overweight' on Jio

A sweeping Morgan Stanley India telecoms report for March stays "overweight" on Reliance Jio led by its high potential for savings leveraging existing licenses available with RCom.






IKEA to open first India store at Hyderabad in 2017

First IKEA India store to open at Hyderabad in 2017 - The company plans to open 25 stores by 2025 in nine Indian cities.



Kishore Biyani eyes Rs 20000 crore sales for food, consumer business by 2021

Betting big on food and consumer business, Future Group aims to clock a revenue of Rs 20,000 crore in this segment by the year 2021.



Weakening corporate, bank balance sheets undermine India's stability: Jose Vinals

IMF financial counselor Vinals says, in terms of fundamentals, among emerging market economies, India stands strong




India's first small bank to start operations on April 13

Jalandhar-based Capital Local Area Bank currently active as local area bank




Flipkart sees opportunity in selling automobiles and accessories online

Flipkart has started working with car and bike manufacturers like Mahindra & Mahindra, Kawasaki and TVS Motors.



Infotech woes hit home loans

he slowdown in the Information Technology (IT) industry, leading to uncertainty in career prospects for employees, is a major cause of the slump in the housing sector.

Google could test Project Loon with Indian telecom operators

Earlier in January 2016, the Indian government gave Google green light to proceed with piloting Project Loon in the country, representing a major step forw




3G outpaces 2G data traffic in India, says Nokia study

As companies like Google work to get the millions of people living in rural India online for the first time, the latest annual MBiT Index study from Nokia reports exponential 3G data traffic growth across the country in 2015.




Consulting firms EY, Deloitte, Cognizant looking to hire high number of MBA graduates this year

Cognizant, which topped ETs Top Recruiters at B-School study for over three years now, said it stepped up hiring this year.





Top IT players are now focussing on improving the revenue per employee

Of the top pack, Cognizant (listed on Nasdaq) and HCL Technologies have increased per employee revenue by 34% each since December 2009.






See huge market potential for handicraft in small cities, says X5 Retail CEO Pradeep Shekhawat

Around eight out of 10 Indians do not know of a credible place to shop for authentic ethnic goods.



BigFoot Retail Solutions gets Rs 13.5 crore more in Series-B funding

The latest tranche come less than two months after the four-year-old company raised $6 million (Rs 40.3 crore) in a fresh round of funding that was led by Bertelsmann India Investments.



Amazon is creating a new virtual reality platform

, a job posting on employer evaluation site GlassDoor has indicated. The posting, spotted by UploadVR, calls for a senior software development...



Jaiprakash Associates misses interest payment on bonds

Firm says dues will be paid from the proceeds of the proposed sale of its cement assets to UltraTech Cement





Govt to divest 5% stake in Container Corp

Govt will sell 9.74 million shares; floor price for share sale set at Rs1,195 per share





As India economy grows, female participation in work force declines: ILO

Usually, economic growth goes hand in hand with emancipation of women. But data available with the International Labour Organization (ILO) shows otherwise for India.




IKEA to invest Rs 2000 cr in Haryana

The company said it would employ about 1,000 workers directly and engage around 3,000 more for providing services such as furniture assembly, delivery services, among others



Lenovo ties up with Paytm to offer sops for distributors, sales representatives

Payments, which earlier used to take weeks, will now be instantaneous, a move that the company said will help attract more sales representatives to sell Lenovos tablets, laptops, desktop computers and servers to businesses.




Foreign private equity investment in India real estate rose 33% in 2015: Cushman Wakefield

According to the report, owing to high property prices and high investment potential, Mumbai accounted for about 35% of the total foreign investments.





ED summons Kingfisher Airlines CFO, IDBI Bank officials

The CBI is already probing the alleged collusion between the airlines and a few bank officials in defaulting the `950-crore bank loan




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