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- Probably 60 to 70 per cent online business is from three-four cities. We operate in 244 cities. I don't know if there is a comparison at all, says Future Group CEO Kishore Biyani.
- The reborn Future group is banking on two big breaks from the past: one, it will depend heavily on white-label FMCG to offer the cheapest and best groceries in its shops. Second, to allow customers to shop from anywhere and take deliveries anywhere as well.

Gold's status as preferred investment option falls
The recovery in the US economy, a strengthening dollar and surging equity markets weighed on gold, resulting in a sharp drop of 18 per cent in the yellow metal prices between September 2013 and March 2015.Investment returns likely to be muted in 2015
As the euphoria of the Modi government taking over subsides, investment returns are likely to be muted in 2015. Asset allocation premised on riding the next wave in a not-too-distant future is the key.
India Inc's overseas investment fell to 10-year low in 2014/15
India Inc's overseas investment fell to a 10-year low in 2014/15, a sharp drop from the heady years of 2008/09 when companies were aggressively pursuing global ambitions.Debate: Is an independent Public Debt Management Agency needed?
Shankar Raman, Larsen & Toubro CFO and Aditya Birla Group's Chief Economist Ajit Ranade debate on whether India needs an independent Public Debt Management Agency.Oil price spike may not hit FM Arun Jaitley's Budget math
What is a bit more worrying, though manageable, is the rise in the import bill. India imported crude oil worth $138 billion in 2014/15. If this figure rises, trade and current account deficits will widen, pressuring the rupee.Is the RTI Act being made dysfunctional, asks Shailesh Gandhi
Eternal vigilance is the price for democracy. We have a very useful tool to make our democracy meaningful and effective. It will work if we struggle to ensure its health, writes Shailesh Gandhi, former Central Information Commissioner.Markets likely to be volatile in short to medium term
The key triggers for the market in coming months are the monsoon, the RBI's monetary policy, April-June corporate earnings and important bills pending in Parliament including on GST and land acquisition.
Ronnie Screwvala is taking a shot at uncharted, unheralded businesses
Post-UTV, the entrepreneur wants to be a team player.Behind the cult, crazy ways of Housing.com CEO Rahul Yadav
The 26-year-old, in a matter of weeks, fought a public battle with a venture fund and a media house, sent his resignation to the board and then pulled it back.
Newsmakers: J Jayalalithaa, Nikesh Arora, KV Kamath and more
She is the ultimate comeback heroine. Whenever political pundits have written her off, Jayalalithaa Jayaraman has managed to bounce back from the brink.
Four steps to reboot reactive talent agendas
Talent is the scarcest resource in business and it's time to invest in the talent economy for growth. Here are four steps to reboot reactive talent agendas.
Book review: The Crown Prince, The Gladiator & The Hope: Battle for Change and Capital Conquest: How the AAP's Incredible Victory Has Redefined Indian Elections
Both Ashutosh's and Saba Naqvi's books on the Aam Aadmi Party experiment - while riveting - suffer from being too close to the subject, writes Sandip Ghose.Book review: The Business of Belief by Tom Asacker
The Business of Belief is an impactful book on beliefs not just for business people, but for everyone.
Xiaomi Mi Band or Goqii: Which smartband should you buy?
Buying a fitness band will be based on your individual needs. Here's a sneak peak into Xiaomi Mi Band and Goqii. Take your pick.Aeroguard Clean Air Glo makes purifying indoor air easy
The Clean Air Glo has a compact size and is affordable at Rs 1,390 but works well in small areas only.Review: BlackBerry Leap is a mix of the company's old devices
Overall, the phones performance is good. But not everything is great.
Investing in social entrepreneurs a sound business sense
These firms provide money to social entrepreneurs who, with their projects, meet the critical needs of people.Wind energy sector is flying high again. Here's why
With the accelerated depreciation tax benefit and generation-based incentives restored, the wind energy sector is flying high again.How child labour is being kept under wraps in India
Cut to Kailash Nagar in East Delhi where some 50,000 children are engaged in thread cutting of jeans. They get 40 paisa per piece for thread cutting and 75 paisa for packing. These children don't work in any factory or production unit, neither do they go to fetch work.
Buying a house? Here's how to check if builder can be trusted or not
While builders give a whole long list of reasons for these delays, in the end the burden is borne by buyers. So, it's up to them to do due diligence before buying.Be careful when going for discount schemes offered by realty developers
Calculate the discount as a percentage of the cost. Only if the discount is significant should you go for it.
IPO market struggles to sustain euphoria of stock exchanges
The primary market's shortcomings remain, despite the runaway success of VRL Logistics and Inox Wind's IPOs.
DDB Mudra Group is a work in progress, says CEO Madhukar Kamat
DDB Mudra Group's CEO and MD Madhukar Kamat talks about his company's transformation from an Ahmedabad-based advertising agency to a globally aligned communications company.
When it comes to investing, people like playing safe: PFRDA Chairman Hemant Contractor
Hemant G. Contractor, Chairman, PFRDA, talks to Money Today about making the National Pension System more attractive, among other things.
Social networks are changing the way we travel
This rise of a tribe of travellers who document their journeys every inch of the way on social media is set to impact the travel economy in a big way.
It's the right time to buy a house; bargain hard for discounts
Experts say it is the right time for end users to get into the market as buyers may get a good deal due to low demand.Investors switch to equity, debt funds to cash in on stock market rally
While equity funds have done even better with the category average returns ranging from 35% to 75%, debt MFs also gave 25% returns, compared to gold funds losing 9% during the last one year.National Pension System has miles to go before it succeeds
The National Pension System (NPS) is a low-cost, tax-efficient retirement savings product. Its fund management charges are as low as 0.01 per cent - much lower than mutual funds.
No mechanism to monitor children working at home, says MoS Labour Bandaru Dattatreya
Minister of State for Labour and Employment Bandaru Dattatreya speaks with Business Today on the government's plans to combat child labour, given the blurring lines between 'helping' the family at home and 'working' and mechanisms to monitor it.
Case Study: How TOMS Shoes made a cause the centre of its activities
US-based TOMS Shoes gives away one shoe to a poor child for free, for every shoe it sells. This case study looks at how TOMS Shoes has made the cause contribute to its revenues.
Business Today readers feedback on the magazine's coverage
Business Today readers share their feedback on the magazine's coverage.
Newsmakers: Narendra Modi's China visit, Takata airbag recall and more
Featuring: Narendra Modi's China visit, Takata airbag recall and more.