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Navigating the Cryptomaze- Business News origin-businesstoday.intoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from origin-businesstoday.intoday.in Daily Mail and Mail on Sunday newspapers.
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We Need to Reach Out to Millennials Globally Bata shoes are an integral part of almost every school-goer s life in India. That is why most Indians believe that the brand - founded in what is now the Czech Republic in 1894 and headquartered in Lausanne, Switzerland - is local, despite operating in ov Sandeep Kataria, Bata s newly appointed Global CEO - Photograph by Rajwant Rawat The company, which does a Rs 3,500 crore business in the country, recently appointed India CEO Sandeep Kataria as its global head. Kataria, who had taken over as India head in 2017 and under whom Bata India s profits rose 46 per cent, tells Ajita Shashidhar how India s diverse footwear consumption habits have given him a unique understanding of customer needs across the globe. Edited excerpts: ....
Retail s Battle of Wallets & Wits Mukesh Ambani s Reliance Retail, Jeff Bezos s Amazon Inc. and the Walton family s Walmart-Flipkart combo are pitching themselves for the long haul in Indian retail Rajeev Dubey, Editor, Business Today Knives - and wallets - are out in full measure as three of the world s richest businesses vie for supremacy of India s $850 billion retail market, an industry that is projected to present an even greater business opportunity of $1.3 trillion as soon as 2025. Mukesh Ambani s Reliance Retail, Jeff Bezos s Amazon Inc. and the Walton family s Walmart-Flipkart combo are pitching themselves for the long haul in Indian retail. With $33.3 billion (Rs 2.46 lakh crore) already invested, they are digging into their deep pockets to ready an arsenal that will endure a multi-year battle for leadership. And the Tatas - one of India s oldest business houses and among the most conservative - have also thrown their hat into the ring by bidding for India s ....