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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
An early peek into how Ambani versus Damani is going to play out—offline and online—now that Biyani looks to be folding.
Altamount Road is the billionaire boulevard in Mumbai, home to many of India’s wealthiest. The 27-floor palace of Mukesh Ambani, India’s wealthiest person, is about a four-minute walk from the home of Radhakishan Damani, currently the second-wealthiest Indian, who lives on the 30th floor of Prithvi Apartments.
As a shift in India’s organized retail sector plays out, a clash between the two billionaires is imminent.
For weeks now, the air in newsrooms has hung heavy with the rumour of an imminent sale of Kishore Biyani’s retail empire to Reliance Retail, owned by Reliance Industries Ltd, Ambani’s oil-to-telecom conglomerate. Last …
As the smart fan maker gears up for an IPO, prospective investors could do with some clarity on what the company’s next phase of growth will look like.
The retailer has shrunk operations to fix its loss-making vertical. But a reduced presence risks hurting volumes in a segment dominated by Blinkit and Instamart.
