Written By Sulekha Nair Many experts feel by giving the startup sector the required boost and making the entrepreneurs’ life easier, Modi will be able to meet his election promise With less than two years to go for the next general election, the government’s report card has become too unpleasant with failures at multiple levels. The economic situation is so bad that State Bank of India in a recent report pointed out that slowdown that is now experienced is real and not technical. Many economists have called for more public spending to arrest the slide. Clearly, the biggest blot on…

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Written By Maria Thomas A number of Asian countries are well known for their obsession with stationery, but India, for the most part, has not been one of them. While notebooks and other paper products of every shape, size, and colour are widely available for cheap, they’re a far cry from the sumptuous, stylish options on offer in countries such as South Korea or Japan, where locals are known to line up to purchase meticulously crafted notebooks. Source: qz

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Written By Kavya Kothiyal, Reghu Balakrishnan Mumbai: PremjiInvest, the family investment arm of Wipro chairman and billionaire Azim Premji, is in talks to acquire a 10-15% stake in Wildcraft India Pvt. Ltd, a Bengaluru-based adventure equipment and outdoor gear firm, said two people familiar with the development. Source: livemint

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Written By Chandni Mathur Still in their infancy in the growing QSR segment, doughnut chains in India are looking to offer an expansive product range to operate feasibly Still in their infancy in the growing QSR segment, doughnut chains in India are looking to offer an expansive product range to operate feasibly Fancy consuming a cinnamon-sprinkled doughnut and coffee for breakfast? Not quite? While doughnuts are a part of daily consumption in mature markets like the US, India is still opening up to this new dough-filled world. Although consumption is gradually increasing with the young generation willing to experiment, the…

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Foreign retailers, big and small, are scrambling to make a mark in the big Indian bazaar It’s the company that’s showing foreign entrants how to succeed in the Indian retail maze. Swedish fashion retailer Hennes & Mauritz has been on the fast track from when it opened in September 2015. This month, it’s moving further into India’s second-tier cities and launching in different corners of the country — Indore, Coimbatore, Amritsar and Kolkata. In just two years, H&M has opened 17 stores and expects to end 2017 with 25. In the Indian market, that pace represents lightning speed. When they…

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