Tata Motors on Wednesday launched its Tiago EV with introductory prices for first 10,000 customers ranging between Rs 8.49-11.79 lakh
Even as regulatory focus has zeroed in on foreign e-commerce giant Amazon, a domestic retail giant has been created almost below the radar in Reliance Retail (RR), one of the most crucial businesses for the group's future. From doorstep delivery of groceries, apparels to branded jewellery, medicines, toys, furniture to high street retailing, RR's presence in the world's fourth largest consumer market is just one part of the story.
IPO-bound mobility platform Ola, said it has successfully raised $500 million via a Term Loan B (TLB) from marquee international institutional investors. This term loan has no impact on the valuation of Bhavish Aggarwal-led Ola. The Bengaluru-based firm recently raised $139 million. This is part of a $1 billion funding round for which the company is in talks with investors, increasing its valuation to about $7.5 billion, according to the sources.
Both are focused on the overall transportation business, in which taxi services are only a part; the extended ambit includes autos, motorbikes, cycles, electric vehicles, water transport as well as food delivery services, says Surajeet Das Gupta.
Siva Prasad Nanduri, chief business officer, TeamLease Digital, outlines the skills that will help you get a job in 2023.
Maruti is not an online outlier, of course; other heavyweights have rolled out similar services. But as an analyst pointed out, Maruti's all-India roll-out has significant impact given that it accounts for over half of all cars sold, reports, reports Pavan Lall.
Now they are reinventing their strategies to stay afloat, as they see no sign of recovery for at least six months.
Vistara is likely to offer 148 seats in a three-class configuration in its Airbus A320s, industry sources said.
The permission right now is for delivery only for stationary usage. This limits the service to those who operate units like diesel generation sets.
Live commerce, quick commerce, group buying, WhatsApp commerce, dukaantech have made their mark.
The department of post launched on Wednesday a premium speed post service between Mumbai and the national capital that promises delivery before noon next day.
Analysts remain sceptical on the profitability from freighter business, saying that once normal air transport resumes and there's abundant belly capacity, the traditional economics of air cargo may not be that lucrative.
The capital infusion is expected to bolster its presence in the country by funding its key businesses to take on Indian rival Ola.
The new online store, which will be launched on September 23, will provide customers with the same premium experience found in Apple Store locations around the world, delivered by online team members who are ready to offer their expertise, Apple said in a statement.
The 12th edition of EORS will be held from June 19-22. There will be a dedicated central virtual war-room for tactical problem solving across all phases of the event. Shoppers across the country will have access to over 700,000 styles from over 3,000 fashion and lifestyle brands. Myntra is expecting 3 million people to shop from the safety of their homes.
As share of cash volumes in trading mix sees decline, it will result in moderation of profitability from core broking operations.
Initial share sales are set to dazzle the Dalal Street in 2022 too as companies are expected to garner up to Rs 1.5 lakh crore in the New Year, continuing with the bullish momentum after 2021 turned out to be the best IPO year in two decades for the Indian market. Excessive liquidity and increased retail investor participation ensured a persistent euphoria in the Initial Public Offer (IPO) space wherein companies mopped up more than Rs 1.2 lakh crore this year even as pandemic gloom shadowed the broader economy. In 2022, the higher amount of funds through the primary market will be largely driven by the mega IPO of state-owned Life Insurance Corp (LIC).
And it's a strategy that seems to have paid off. Online booking for the motorcycle has been temporarily halted given the huge waiting list of buyers. Orders are still being taken at the dealerships, but the earliest one can expect a delivery is by the end of 2019, reports T E Narasimhan.
Bhanumurthy B M, president and chief operating officer, Wipro, tells Ayan Pramanik and Raghu Krishnan that service delivery through digital technology-enabled platforms will change the business dynamics for the company.
The vaccination rate needs to go up by three to four times, assert Ajay Shah and Amrita Agarwal.
'If price was the driver in 1st year, it was convenience in the 2nd.'
Branded and packaged edible oils are currently selling at around 50 per cent premiums over their loose varieties. Hence, products using edible oils would be costlier going forward.
By April, operational guidelines for the scheme will be finalised and shared with states
Vistara has fine-tuned strategies to tap the elite class and Jet Airways may lose out on market share in times to come.
The cloud kitchen market in India will hit $1.05 billion by 2023. Just 13% of the total market has been utilised so far.
Given the school break, this is the peak travel season and companies catering to the 'friends and family' segment are expected to gain.
Syed Firdaus Ashraf/Rediff.com lists 11 Modi flagship schemes that may have been gamechangers in the Lok Sabha election.
Which sectors will bounce back fast? Which will lag? Has the consumer changed forever? Here are some answers.
Zomato is investing in setting up infrastructure, which existing restaurants will be able to use'.
It will allow more transparency in policies and flexibility in premium payment, besides improving processing of claims.
Recently, Apple did two things differently. First, it entered video streaming sector with cheaper options and second it has opened up its OTT service for non-Apple users too.
India will require 1,740 planes over the next 20 years.
Engineering graduates specialising in artificial intelligence and machine learning can earn up to 24 lakh a year, says Saran Balasundaram, founder and CEO, HanDigital, a talent consulting firm.
Few of these highly sought-after socialising and networking hubs are seeing much activity as regulars are missing in action.
By 2023, Vistara's hangars will house a total of 70 aircraft, up from the current 42.
What can malls do to entice customers? Brand coach Ambi Parameswaran has a few suggestions.
As ferry services increase and remote working becomes the norm, the rural beach town has turned into a sought-after refuge for city slickers from Mumbai and Pune.
Despite its many flaws, Tamilselvanum Thaniyar Anjalum surprisingly keeps you entertained, feels S Saraswathi.
EV players suggest a reduction in the goods and services tax on batteries from 18 to 5 per cent as it would help push demand.
The domestic currency tumbled by 45 paise or 0.68 per cent in two days.
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