Politics is a set of activities associated with the governance of a country or an area. It involves making decisions that apply to group of members. I would have realized that technology is an accessible field at a younger age. I really got interested in technology when I took a role on President Obama’s Technology, Innovation, and Government Reform transition team in 2008 to make recommendations.

Politics is a set of activities associated with the governance of a country or an area. It involves making decisions that apply to group of members. I would have realized that technology is an accessible field at a younger age. I really got interested in technology when I took a role on President Obama’s Technology, Innovation, and Government Reform transition team in 2008 to make recommendations.

Politics is a set of activities associated with the governance of a country or an area. It involves making decisions that apply to group of members. I would have realized that technology is an accessible field at a younger age. I really got interested in technology when I took a role on President Obama’s Technology, Innovation, and Government Reform transition team in 2008 to make recommendations.

Politics is a set of activities associated with the governance of a country or an area. It involves making decisions that apply to group of members. I would have realized that technology is an accessible field at a younger age. I really got interested in technology when I took a role on President Obama’s Technology, Innovation, and Government Reform transition team in 2008 to make recommendations.

Politics is a set of activities associated with the governance of a country or an area. It involves making decisions that apply to group of members. I would have realized that technology is an accessible field at a younger age. I really got interested in technology when I took a role on President Obama’s Technology, Innovation, and Government Reform transition team in 2008 to make recommendations.

Politics is a set of activities associated with the governance of a country or an area. It involves making decisions that apply to group of members. I would have realized that technology is an accessible field at a younger age. I really got interested in technology when I took a role on President Obama’s Technology, Innovation, and Government Reform transition team in 2008 to make recommendations.

Politics is a set of activities associated with the governance of a country or an area. It involves making decisions that apply to group of members. I would have realized that technology is an accessible field at a younger age. I really got interested in technology when I took a role on President Obama’s Technology, Innovation, and Government Reform transition team in 2008 to make recommendations.

Indian e-commerce battle has heated up with Seattle-based Amazon and Reliance Industries fighting over a $3.3 billion deal signed by the Mukesh Ambani-owned firm with the Future Group. The deal, which gives Reliance access to Future’s grocery stores and retail shops in India, is being challenged by Amazon in the Singapore International Arbitration Center.

Deal failure to force Future into liquidation

One reason for the feud is the 4.8 per cent stake that Amazon already owns in Future Retail since September 2020. The Future-Reliance deal doesn’t mention what happens to the Amazon stake if the deal materializes. Amazon argues that the deal debars Future Group from doing business with 30 companies including Reliance. The deal has been temporarily halted by SIAC.

Responding to Amazon’s allegations, Future Group says, its failure to go through with this deal may force their retail unit into liquidation besides causing a loss of 29,000 jobs. On its part, Reliance Retail Ventures believes the Future Retail deal is ‘fully enforceable’ under Indian law. The company aims to complete the transaction in terms of the scheme and agreement with Future group without any delay. Though it already has 11,000 stores across India, its aims to consolidate industry position through this acquisition.

Future growth calls for more collaboration

To realize its e-commerce ambitions, Reliance has already being expanding presence through JioMart, The company has expanded JioMart services to over 100 cities across India and plans to branch into electronics, fashion, pharmaceutical and healthcare soon. The company also plans to tap into Reliance Retail's network of physical stores across the country to fulfill online orders, say analysts.

As both Amazon and Reliance need each other’s expertise, the industry expects both companies to forge some kind of a deal in future. While Amazon needs to expand retail space by setting up more stores and delivery hubs, Reliance needs to upgrade its e-commerce experience. However, any kind of deal between them would be possible only if they let go of their individual egos and collaborate for the industry’s future growth.

Politics is a set of activities associated with the governance of a country or an area. It involves making decisions that apply to group of members. I would have realized that technology is an accessible field at a younger age. I really got interested in technology when I took a role on President Obama’s Technology, Innovation, and Government Reform transition team in 2008 to make recommendations.

Politics is a set of activities associated with the governance of a country or an area. It involves making decisions that apply to group of members. I would have realized that technology is an accessible field at a younger age. I really got interested in technology when I took a role on President Obama’s Technology, Innovation, and Government Reform transition team in 2008 to make recommendations.

Multi-brand retail Chain Tablez India aims to achieve a turnover of around Rs 500 crore and expand its network to around 250 stores in India over the next five years, says an Economic Times report.

A subsidiary of the UAE-based conglomerate Lulu Group, Tablez India currently operates 67 stores. The retailer plans to invest around Rs 75 crore every year to expand its retail footprint in the country.

The company aims to boost its presence in digital and e-commerce space as well as physical stores by FY 2026. It will invest around Rs 70 to Rs 75 crore a year for this. Its investments in brands will be re-calibrated post-2021 as per strategy.

The company would fund its expansion through equities as it's a family-owned enterprise. It is also open to expand in other parts of the country. This year, it expects to achieve a turnover of Rs 100 crore.

Tablez India, which launched its operations five years ago in India, operates in retail and food and beverages segments.

Its portfolio consists of brands such as -- Toys "R" Us, Babies "R" Us, Build-A-Bear, GO Sport, and YOYOSO. In the F&B vertical, Tablez holds India franchise rights for Cold Stone Creamery and Galito's, in addition to its home-grown brand, Bloomsbury's.