Kotak Mahindra Bank Buys Deutsche Bank’s India Retail Arm

Mumbai, India-headquartered Kotak Mahindra Bank has signed an agreement to acquire Frankfurt-based Deutsche Bank’s retail banking, affluent private banking, and wealth management businesses in India. The deal is valued at approximately $29.8 million. Deutsche Bank has been operating in India since 1980, with branches in 16 cities and nearly 13,000...

Small Grocery Stores in India Digitize

With the grocery business in India being dominated by big names such as Flipkart, Walmart, Amazon and Grofers, as well as supermarket chains, smaller family-owned kirana stores are finding ways to stay relevant in this sector. The biggest advantage the kirana's have is proximity to the customer as well as...

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