FSN E-Commerce Ventures, the parent of Nykaa, has had a roller-coaster ride since listing last November. The initial public offering (IPO) was priced at Rs 1,125 apiece, and the stock listed at a 96 per cent premium, closing the first day at Rs 2,205 apiece. It subsequently hit a high of Rs 2,573 in late November, but has seen steady selling since, hitting a low of Rs 1,208 in May.
Teams of students and coders demonstrated in 24 hours diverse programmes impacting health and livelihood issues with use of a personal identity number.
The firm will invest over Rs 1,000 crore in marketing, cash backs and promotional spends
The latest upgrades may leave some investors and consumers underwhelmed.
The total amount of fraud reported by banks showed a drop in 2020-21 - for the first time in eight years - though there is an emerging trend of private sector banks reporting a larger number of frauds related to card and internet banking. According to the latest data released by the Reserve Bank of India, commercial banks reported Rs 1.38 trillion of frauds in 2020-21, as compared to Rs 1.85 trillion in the previous year. The first half of the current fiscal year saw banks reporting frauds worth Rs 36,342 crore.
These consumer-friendly gadgets are designed to make your life simpler.
He noted that the infrastructure in India has come 'quite a ways' since Apple began to put a lot of energy in the Indian market 'because of their leadership and so forth.'
The company raised Rs 53,124 crore through a rights issue and sold nearly 33 per cent stake in Jio Platforms Ltd - the firm that houses telecom business and apps - to likes of Facebook and Google for Rs 152,056 crore.
However, the government's draft policy on e-commerce companies has forced consumer companies to also adapt to the changes. For Dabur India, e-commerce channel continues to be a key driver of growth in urban India. The contribution of online sales to its entire portfolio is at six per cent compared to 1.5 per cent before the pandemic.
In many states, aggregators operate without a licence; in others, with the risk of the licence being revoked by any regional transport office on the slightest pretext.
There is a lot of police action on the ground and even inter-state movement has been stopped, because of which deliveries of essential items via platforms, such as Flipkart, Amazon, Grofers, and Milkbasket, aren't happening. Food-delivery firms -- Swiggy and Zomato -- are facing similar challenges, according to the sources.
Beauty, Nykaa's founder Falguni Nayar realised, is a very long-tailed business and with e-commerce picking up in India, it seemed like a good idea to venture into.
While players like Paytm, MobiKwik, and PhonePe allow you to buy gold for Rs 1, Amazon Pay has kept the minimum amount at Rs 5. Digital gold is essentially an avenue for investing in physical gold.
'The competition between the two is definitely going to be of great interest to the Indian market.'
These would include passenger engagement initiatives, consumer offers, and curated menus at food and beverage outlets.
'The pandemic helped me to shift my focus to the medicinal qualities of food.'
The four-Test Border Gavaskar Trophy that promises a lot of twists and turns, engrossing sub-plots and probably career-defining performances.
The company roped in Aamir Khan as its brand ambassador in March.
If you like chicken puff pastry, then you'll absolutely love this recipe.
After being caught in the perfect storm and conquering near death at sea four years ago, Abhilash Tomy has made seafaring history by coming second in the world's most difficult ocean race. As he sailed to the finish line to welcoming cheers, holding the Indian flag, his remarkable story tells us the amazing things human beings can do.
Don't share information over phone with anyone. Use only official apps. Keep Aadhaar locked unless needed.
Is Apple going the Android way? Some of the features and enhancements in iOS 14 might make you think the smartphone giant is trying to introduce some android experiences into its ecosystem, says Ashish Narsale/Rediff.com.
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Ola's rival Uber is trying to set up a local engineering centre in Bengaluru.
Apple said the new iPad Pro's screens will measure 12.9 inches diagonally
In a first of its kind move, the Indian Railways Catering and Tourism Corporation (IRCTC), the ticket booking arm of the Indian Railways, is looking to monetise its bank of passenger data while conducting business with private and government companies. IRCTC has a large bank of data related to every online railway ticket ever generated as it is the country's only railway ticketing platform, an IRCTC official told Business Standard. The public sector undertaking, which has sought the services of a consultant to assist with the monetisation process, plans to raise Rs 1,000 crore through this exercise.
The inspiring story of how Saurabh Aggarwal conquered it all with his mobile gaming company Octro.
Capillary Technologies building AI-backed products to empower offline retailers
After the Google investment, the company's monthly transactions have spiralled up from 65,000 to nearly one million in just a year. According to reports, the start-up is in fresh talks to raise about $6 million from investors, including Google, says Samreen Ahmad.
From omnichannel to AI and 3D technology, the fashion industry is in the middle of a digital revolution.
Several companies and technology heavyweights including Microsoft, Oracle and Salesforce are working to create a digital vaccination passport or health passport app in the hope that governments and airlines will require travellers to upload details of their Covid-19 tests and immunisation. The vaccine passport will effectively create digital credentials that could be the key to attending crowded events or even visiting countries.
While the government's recent moves may have been necessary in some cases, these would have an adverse impact on the investment cycles of some of these companies. The marquee global names are suddenly finding themselves out of favour as local flavour is gaining currency in the run up to 2019 elections.
Apart from fulfilling banking services, one can access more than 100 e-commerce sites, book tickets, and even pay for small value groceries through the app. The bank is now proposing to allow other banks to use this to serve their own customers.
Apple said it sold 51.2 million iPhones in its second fiscal quarter, down from 61.2 million in the same quarter a year ago but above analysts' estimates of about 50 million devices.
Nokia has launched the Ovi Store with the singular objective of becoming that one-stop shop where Nokia itself as well as third-party developers can sell (or give away free) latest apps and utilities.
A significant 69% respondents indicated keen interest to travel in 2021 post ease in restrictions with 18% ready to travel immediately post unlock and 51% within 3-6 months.
It was only in April that the social networking giant announced the move to a separate app.
Apple unveiled its highly anticipated iPhone 14 during its 'Far Out' event on Wednesday along with the iPhone 14 Plus variant, the iPhone 14 Pro and Pro Max. This new lineup is inspired by the iPhone 13, with sharp metal edges, rounded corners, a glass back, the recognisable notch at the top of the handset, and a lightning port.
'We are trying to empower teachers in the entire country because online teaching is very, very, complicated.'
Preetha Chaudhury, 58 from Mulund, Mumbai tells us how she, along with the help and support of her housing society is taking extra care to make the lockdown effective.
From your fingerprint to most private images and financial info -- all your privacy is under constant threat from hackers.
