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They spoke of weakness in retail, telecom and finance and said "advertising continued to remain challenged through October as a result of general market softness".
Successfully branched into retail, telecom and other businesses.
Companies in sectors like retail, telecom, manufacturing and pharmaceuticals will expand globally while consolidating India operations.
In recent years he has preferred to be a portfolio investor, putting money into real estate, retail, telecom, construction, and oil fields.
Vekselberg's fellow Ukrainian Fridman, ranked 50th overall at $9.7 billion, founded Alfa Group in 1999 with college friends German Khan and Alexei Kuzmichov; it's now a diverse conglomerate with oil, retail, telecom and banking interests.
Taking a sample of about 50 McKinsey-supported implementations of big data projects in the last two years, in sectors as varied as chemicals, grocery retail, telecom, or oil and gas, roughly two-thirds of them seem to be biased towards leveraging customer data.
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Vodafone's chief executive, Vittorio Colao, claimed last week that BT was trying to use Openreach to create a new monopoly of the retail telecoms market, which BT dominates.
The group also raised concern that the recently announced merger of BT and the mobile provider EE meant the group would eventually have a 40% share of the retail telecoms market and a 70% share of the wholesale market.
BT's return to the mobile phone market with a £12.5bn takeover of EE would make matters worse by giving the group 40% of the retail telecoms market and 70% of the wholesale market, she said.
To such critics, Reliance represents one of India's besetting problems: a huge concentration of wealth and power in the hands of dynasties that determine the country's fate.A conglomerate spanning energy, chemicals, retail, telecoms and media (see chart 1), Reliance accounts for 15% of India's exports, 4% of its stockmarket's value and 3% of its tax revenues.
But business software is up for grabs in a lot of other industries, including retail, telecoms and financial institutions, CCID says.
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