While digital commerce accounts for less that 1% of retail sales in India, it remains a fast-growing market and Gartner Inc expects it to grow at 40% every year. Accordingly, in order to grow their business, Indian digital commerce players must focus on customer experience, product range, delivery, payment and customer service Gartner says. “Digital commerce is at a nascent stage in India, and it accounts for less than 1 percent of total retail sales…

A month after his meeting with Minister Narendra Modi in California, Microsoft CEO Satya Nadella, who was in Mumbai on Thursday, said Microsoft wants to play a small part in helping India achieve its true potential. During his 45-minute keynote at Future Unleashed, Microsoft’s largest ever customer and partner event in India, Nadella explained how Microsoft has three interlocking ambitions now: Reinvention of productivity and business process and bringing them together; building an intelligent cloud…

Reliance Infrastructure on Wednesday said it has decided to sell its cement manufacturing and road development businesses to focus on defence. The company also said that it has shortlisted 7 potential buyers from 15 interested parties for its cement business which has an annual output of 5.6 million tonnes. The due diligence process for the sale has started and further announcements will be made at the “appropriate stage:, the company said The company also said…

PM Modi arrives in London on November 12 2015 and has a packed schedule during his three-day visit. India and the UK are expected to sign agreements in the financial sector aimed at improving the business climate in India during Prime Minister Narendra Modi’s first official visit to Britain next week. While details of any deals planned have not been released yet, a Financial Times report indicated that recommendations by the India-UK Financial Partnership (IUKFP)…