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Amazon rides high on demonetization drive

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Cashing in on the ongoing demonetization drive across India, Amazon India is witnessing triple-digit growth in its sales as it has switched to various electronic payments platforms, said vice president and country manager Amit Agarwal, adding that the drive when ...

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Dell doubling counts of stat scientists

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In order to cater to its emerging requirements on the human resource front, Dell Technologies is looking to double the headcount of data scientists at its Performance Analytics Group (PAG), headquartered out of Bengaluru in the next one year. On ...

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Amazon unveils Amazon Go shopping

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In an attempt to expand its operational ambit, Amazon has recently launched its own grocery store in Seattle, as the e-commerce giant looks to shine a light on a new “checkout free” shopping experience. The new store is located at ...

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Apple-Samsung rivalry reaches US SC

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In a latest development, the epic legal battle pitting Apple against its bitter rival Samsung over the design of the iPhone reaches a new high recently when it heads to the US Supreme Court.The high court is set to hear ...

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McDonald’s sells franchise rights to Lionhorn

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In an attempt to move away from direct ownership in Asia, the fast food chain had sold the franchise rights for its restaurants in Singapore and Malaysia to Soudi Arabia-based Lionhorn Pte Ltd., said sources adding that the ownership interest ...

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Payment platforms on prowl to boost biz

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In the emerging scenario in the e-commerce era, Payment banks have become the buzzword in the financial services industry. As a matter of fact, payments bank is a differentiated bank with a specific objective of catering to the unbanked and ...

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Amul takes camel milk on board

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In a recent development whereby the food safety regulator FSSAI setting new standards for camel milk, dairy major GCMMF, which sells products under the Amul brand, is all set to launch camel milk in the next three months. To start ...

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Apple second largest smartphone maker

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As per the available stats, Indian unit of Apple Inc has become the country’s second-largest smartphone maker by revenue in the fiscal year to March 2016 piping the largest home-grown brand Micromax and touching almost `10,000 crore sales milestone in ...

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Amazon doubling fashion segment

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In order to take on its arch rival Flipkart, Amazon India is doubling down in the important fashion segment, introducing its second in-house brand, stitching exclusive partnerships and allowing for easier product returns as it endeavors for a larger presence ...

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Jio-Money Merchant Solution on anvil

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In order to make small merchants to transact digitally, Reliance Reliance Industries recently announced that it is launching the facility very shortly. On this score, Jio is working to empower Indian merchants by building a digital retail ecosystem, which we ...

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