Sagar Malviya, The Economic Times Mumbai, 11 December 2014 Just three years... and the fashion retail industry may be at the threshold of a revolution. Jabong and Myntra, India's biggest e-tailers of fashion, are clocking up impressive top line numbers and, more importantly, red hot 3-digit and 4-digit growth figures that signal a tipping point in how urban Indians will dress themselves — they will likely move most of their clothes shopping to e-commerce. Consider the numbers. In three years of operations (2012-2014), Jabong and Myntra's combined top line has hit Rs 1,000 crore for the year ended March 2014.…
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Himanshu Kakkar, Outlook Business New Delhi, 28 November 2014 There is no denying that business histories are rarely documented, let alone in print, so a museum that chronicles a renowned company’s tumultuous history was till recently a far-fetched idea. This is where the experiential DS Museum started by the Dharampal Satyapal (DS) Group has scored a major first, recounting the grassroots-to-major-group transition of the entity, covering its diverse interests, from tobacco, mouth fresheners, confectionery, food and beverage and dairy — its core businesses — to latex, agroforestry, packaging, hospitality and infrastructure — its emerging businesses. Started by Dharampal in 1929…
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Samar Srivastava, Forbes India Mumbai, 28 November 2014 When Forbes India first visited Burger King in July this year, its office in Mumbai’s Lower Parel business district was a beehive of activity. Employees were busy scouting for locations, negotiating with suppliers, conducting blind tastings and fine-tuning the international hamburger chain’s India menu. At the time, the $1.1 billion (2013 revenues) global fast food giant was still a quarter away from launching in India, but the countdown had begun. A late entrant into the market, Burger King has seen many a competitor trip in its understanding of the Indian consumer. Which…
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Devjyot Ghoshal, Quartz India 27 November 2014 The founder of e-commerce giant Alibaba and China’s richest man, Jack Ma, is in India after apparently being swayed by the persuasive powers of prime minister Narendra Modi to come and do business in the subcontinent. And expectedly, his visit to New Delhi has got India’s fledgling e-commerce industry rather excited. Alibaba, after all, is one of the world’s largest internet companies and raised an astounding $25 billion in its initial public offering (IPO) this September. Yet, Ma and Alibaba need India just as much as India need the Chinese e-commerce behemoth. For…
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