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Akhilesh Yadav on bicycle The

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BBC's Ayeshea Perera explains why. India's election commission on Monday ruled that the iconic "bicycle" symbol, which is synonymous with the ruling regional Samajwadi Party, would go to the faction headed by current Chief Minister Akhilesh Yadav. "The group led by Akhilesh Yadav is the Samajwadi Party and is entitled to use its name and its reserved symbol, the bicycle, for the purposes of elections," the Election Commission said in its order. Analysts say the decision is a huge boost for Akhilesh Yadav, who has been battling his father Mulayam Singh Yadav, who is also a three-time chief minister of the state, for control of the party and the bicycle symbol. Celebrations have broken out outside the party office in the city of Lucknow. India announces key state elections Akhilesh Yadav has consistently maintained that he has the support of a majority of party members. The Election Commission confirmed that he had the support of 4,716 of the party's 5,731 delegates. "Losing control of the bicycle at such a late stage of the campaigning process would have put both factions on the back foot," the executive editor of India Today Television, Javed Ansari, told the BBC. Why are symbols so important?

Compared to other product classes, its minuscule. So why arent more groceries sold online? One big problem: Perishables Consumers are understandably reluctant to have someone else pick out their fruits, vegetables, meats, fish and chicken. Anecdotally, you never hear a consumer talk about how an online grocery service picked out better products than they could do at the store. The best youll ever hear is that it was pretty good. You never hear better than that and you could hear worse. The other big problem: Price The profit margins in the business of selling groceries in stores is as thin as it gets. And online shoppers dont want to pay a premium. The problem is, when you go to the supermarket, you do the picking and then you bring it home yourself.

For the original version including any supplementary images or video, visit http://www.forbes.com/sites/richardkestenbaum/2017/01/16/why-online-grocers-are-so-unsuccessful-and-what-amazon-is-doing-about-it/

Moreover, it intends to roll out drones in the near term for product deliveries to Wal-Mart facilities as well as to consumer homes. However, higher investments in e-commerce activities have increased the expense burden of the company, which was already pressurized due to a hike in wages and training

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costs. In fact, last week, the retailer reported that it will eliminate about 1000 jobs this month, mostly in human resources department, as it is struggling with rising expenses. Wal-Mart Stores, Inc. Net Income (TTM) View photos Wal-Mart Stores, Inc. Net Income (TTM) | Wal-Mart Stores, Inc. Quote Apart from the huge expense burden, the Zacks Rank #4 (Sell) company has been grappling with near-term headwinds, which are raising concerns. Increased competition from traditional and online players and slowdown in international operations along with a strong dollar are hindering sales. Higher labor costs, along with the companys efforts to overhaul its stores and invest in its online operations, will weigh on earnings.

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