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SoftBank takes Indian on board

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In a recent development the SoftBank Group, which is a Japanese conglomerate, has taken Indian on board as it has inducted India-born Rajeev Misra as a board member to the SBG. Misra currently holds the position of the chief executive ...

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Demand for edible oils on upswing

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In a clear indication in the food and beverage segment, up-trading of consumers in edible oils, even as those categorized under the high Socio Economic Classification (SEC) A and B are the main drivers of packaged edible oils in the ...

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Google goes for digital wallet way

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Adding to the tough competition in the online payment segment, Google is preparing to introduce its digital wallet, Android Pay , in India this year, anchoring the platform to the government-backed Unified Payments Interface as are other global companies including ...

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Foodpanda in brand building mode

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In an aggressive brand building exercise, Foodpanda signed up actor Shah Rukh Khan to endorse its brand, as the online food delivery startup looks to regain the market share it has lost to competitors such as Zomato and Swiggy, said ...

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Amazon expands operational ambit

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Online America-based retail giant Amazon planned the expansion of operational ambit and aggressively expanding its operations in more and more areas across the country with the addition of seven new warehouses with employment potential worth 4,000 people. The global player, ...

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Retail awaits FDI in personal care products

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The government eagerness to allow retail of personal care items has gained momentum with the next set of foreign direct investment (FDI) reforms likely to permit the sale of such India-made products to the extent of 25% of total merchandise ...

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Apple plans own online iPhone stores

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Though Apple’s iconic offline stores in India is still a way behind but the company first planning to set up its own online iPhone stores by this year largely riding on the fact that local manufacturers can have a direct ...

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SoftBank plans newest funding infusion

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Japanese media and telecom conglomerate SoftBank planned the newest funding infusion worth $ 1.9 billion in One 97 Communications, which is owned by online payments provider Paytm in a single-largest round of funding for an Indian digital commerce company. The ...

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IBM ranks Indian ahead in self-driving cars

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In a recently carried out survey, IBM concluded that Indian consumers are way ahead of their counterparts in matured markets when it comes being tech savvy and show a high level of interest in the intelligent, intuitive, self-driving cars. Titled ...

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Jio backs telecom regulator for lack of transparency

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In a newest twist of event in the telecom sector, the newest 4G entrant Reliance Jio Infocomm’s fight with incumbent carriers has spilled over from the market with the company back the telecom regulator regarding lack of transparency in tariff ...

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