Amazon India has launched a pilot program to test in-store pick up service in India's two largest cities. In Mumbai and Delhi, the company has partnered with state-owned oil marketing firm Bharat Petroleum. BPCL operates a retail chain known as In&Out at some of its gasoline stations across the country....
Joe Biden envisons half-trillion dollar trade between USA and India
While acknowledging the need to remove trade barriers on both side, American Vice President Joe Biden celebrated the rising bilateral trade between India and the United States. Speaking at the Bombay Stock Exchange in Mumbai last week, he told business leaders, “Our bilateral trade has increased fivefold to $100 billion...
India among top 15 emerging retail markets
A.T. Kearney's Global Retail Development Index for 2013 views India favorably and realistically. It points to India's large, young, increasingly brand- and fashion-conscious population. Retail growth of 14 to 15 percent per year is expected through 2015. "Modern retail" remains limited (7 percent in 2012), but it is expected to...
India starts receving P-8i surveillance aircraft
According to Aviation Week, India's first delivery of an 'in-country' Boeing P8-i aircraft this month will be followed by two further aircraft in the third and fourth quarters of the year. India has eight P-8Is on firm order and Boeing is optimistic that options on a further four could be...
Mumbai sixth in Billionaire Count
According to a study by WealthInsight, Mumbai takes the sixth position of the world's top cities with the maximum number of billionaires, with a count of 26 billionaires. New York tops the list with 70 billionaires, followed by Moscow with 64 and London with 54. Los Angeles counts 19 billionaires...
Returning Indian Expats Prefer Bangalore, New Delhi and Mumbai
According to the Times of India, Bangalore hires the highest proportion of returning overseas Indians (NRIs or non-resident Indian as they are still oxymoronically called) in its workforce. It is especially relevant in the IT, pharmacy and healthcare sectors, where they prefer to hire candidates with international exposure, as told...