Raj Jain

Raj Jain, Chairman and Managing Director at RS Software is of the view that India will be the fastest country to adopt digital payments.

India can contribute 50% to revenue in next 2-3 yrs: RS Software

In an interview with CNBC-TV18, Raj Jain, CMD of RS Software said that the company is well secured in terms of cash reserves and is building a digital platform for commerce and payments.

Expect to end FY15 with 25% operating margin: RS Software

Discussing the company‘s earnings, RS Software CMD Raj Jain said he sees a further improvement in payment business going forward and expect to achieve 22 percent growth in FY15.

Sunil Mittal: Riding the high tide in Indian telecom

After last year's dip, Sunil Mittal's Bharti Airtel has gained in strength and numbers, thanks mainly to an improved industry environment

Q3 traditionally weak, guidance unchanged: RS Software

RS Software (India), a leading software solutions provider for electronic payments industry reported highest ever consolidated sales of Rs 104 crore in the second quarter of FY14, a growth of 25 percent over the same quarter last year.

Bharti ropes in ex-Walmart India head Raj Jain

Jain had joined Walmart in 2006 and was named head of Walmart India in 2007. During his tenure, the company set up the wholesale cash-and-carry joint venture with Bharti Enterprises, back-end services and consulting businesses.

Industry movements in the last fortnight

Industry Movements in the Last Fortnight

RS Software Q1 net rises 17.4%

Electronic payments solutions provider RS Software's net profit rose by 17.4 percent in the first quarter of FY14 at Rs 11.07 crore. Revenue jumped by 20 percent to Rs 92.04 crore.

WalMart India unit head Jain leaves after 6 years

US retail giant WalMart on Wednesday said its India unit head Raj Jain has left the company and named Ramnik Narsey as interim head of the country's operations.

Walmart India head Raj Jain leaves, interim head named

Ramnik Narsey was named as the interim head of the India business of retail giant Walmart after Raj Jain left the company.

Bharti Walmart won't wait for all states to let retail FDI

Bharti Walmart will not wait till all states in India allow FDI in multi-brand retail to roll out its plans and may start opening its outlets from states like Maharashtra and Andhra Pradesh, a top official of the retail giant said here today.

Bharti Walmart to open 10-12 stores in 2012

Bharti Walmart's Raj Jain told CNBC-TV18 that demand in the food and FMCG segment is not waning.

Don't expect investments to flow instantly: Bharti Walmart

Jain who started his journey with Walmart in India five years ago in a joint venture with Bharti feels that this move would have a deep and long lasting impact on Indian landscape and the way consumers shop.

Cabinet approves 51% FDI in multi-brand retail

Indian retailers finally get a chance to rejoice as the Cabinet today cleared the bill to increase foreign direct investment to 51% in multi-brand retail and 100% in single brand.

FDI in multibrand retail to change India's retail skyline

Retail giant Wal-Mart is open to exploring a relationship with any Indian retailer for its front-end operations but of course, that's only if, and when, foreign direct investment in multi-brand retail is allowed, report CNBC-TV18's Tanvi Shukla and Shruti Rajkumar.

Bharti Walmart plans to open 8-10 new stores this year

Wal-Mart's joint venture with Bharti Enterprises in India aims to open eight to 10 wholesale stores in 2011. The company currently has six outlets in the country and the original plan was to open 10 to 12 stores this year.