The last few months have seen a lot of mid-sized office and mixed-use buildings in Mumbai going under the hammer. Not very surprising, considering the wave of real estate redevelopment that has swept the city. What is so unusual about these buildings is the fact that they are going to be redeveloped into stand-alone retail [...]

American online retail giant Amazon.com has made an entry into the Indian market with Junglee.com, an online shopping site powered by the $ 48 billion company. The site which went live on Thursday morning says that its an online shopping service by Amazon “which enables customers to find and discover products from online and offline [...]

Starbucks Corp will open its first coffee shops in India in August or September, a year later than originally planned, and aims to have 50 outlets by year-end through a tie-up with the Tata group, the country’s biggest business house. The Seattle-based chain, known as much for the trendy urban lifestyle it represents as its [...]

Foreign investment is invariably beneficial as it creates jobs, adds value, and contributes to the GDP. Companies like Hyundai, Ford and Honda have built a giant automobile industry in India now producing over 2 million cars and tens of thousands of new jobs. By 2017 India will emerge as the third-largest car-making country in the [...]

When you think of women shopping, you see images of them haggling with the shopkeeper or standing meek on the other side of the counter. Be it with the vendors at Sarojini Nagar or a salesperson at some high-end shopping mall, bargaining to save every penny is a trait that has been closely associated with [...]

Free trade is necessarily anti-people as it leads to low wages. Protectionism can be pro-people if applied correctly.   Commerce minister Anand Sharma has called for countries across the globe not resorting to protectionism to solve their woes due to the ongoing economic slowdown. Sharma is ignoring the growing worldwide backlash against globalisation. White collar [...]

Faced with opposition from its own allies like Mamata Banerjee, the government has shelved its proposal to allow Walmart and other multibrand foreign retailers to have majority stakes in Indian hypermarkets. Critics have accepted the bogus claim that foreign retailers will kill small Indian shopkeepers. In fact, the Walmart model is a 20th century concept [...]

  The Man Who Stood Firm When Everyone From Left to BJP accused him of Destroying Livelihood of lakhs of people in 1991 when he opened up the Manufacturing Sector .While Everyone in Left to BJP agrees if that was implemented in 1991 we would have never seen our GDP zoom through 7 % to [...]