Author: News Desk
Zomato’s 10-Minute Delivery Plan Explained by founder Deepinder Goya Zomato founder Deepinder Goyal has explained Zomato’s latest 10-minute delivery service, after being criticized Zomato was criticized as an open door to push delivery partners into a tough and unsafe working environment Mr Goyal tweeted the 10-minute delivery service “will be for specific nearby locations, popular and standardized items only.” He said 10-minute deliveries will lead to lesser time spent on the road per order The delivery partners will be educated on road safety, and will be provided accidental and life insurance Zomato will be delivering bread, omelet, poha, coffee, chai,…
Funding Results in Upsurge of Unicorns in India Accelerated funding to result in surge of 100 unicorns in India Unicorn stature bestowed when the net value of startup reach the 1 billion mark India ranked 3rd in the total number of unicorns Growth of One Unicorn expected every 5 days in 2022, with an expectation of 100+ unicorns by year end Fintech and e-commerce account for 50 per cent of total funds coming in for startups Health-tech, media-tech, food-tech and ed-tech accounted for 35 percent of total funds invested
Visakhapatnam station to implement ‘One station One product concept’ Finance Minister Nirmala Sitharaman announced the ‘One Station, One Product’ concept in the recent Union Budget The concept is to showcase destination and promotional hub for local products Visakhapatnam will be the first station on the East Coast Railway zone for implementation Local textiles/art and wood craft products will be marketed Kiosks to be temporarily erected in accessible areas The craftspeople will be identified through local self-help groups, NGOs, and co-operative societies
Business tycoon Adani explores partnership with Saudi Aramco Adani Group has held preliminary talks on a range of potential cooperation and joint investment opportunities with Saudi Aramco and the country’s Public Investment Fund. The Adani group is reportedly exploring a tie-up with Saudi Aramco and the oil kingdom’s Public Investment Fund. Rather than investing cash, Gautam Adani seeks to invest with his shares, offering potential partners a stake in his group. It makes sense for companies like Adani to strike share-swapping deals before the switch by the world’s major central banks from ultra-loose monetary policy to inflation-killing hawkishness. Gautam Adani-led Adani…
MG Motor India partners with engineering colleges MG Motor India announced plan to extend cars to selected engineering colleges in Gujarat This partnership will enhance technological skill sets in students under the MG Nurture initiative Bridging the existing gap between the industry and academia in the auto-tech world The partnership will empower students to carry out in-depth, hands-on research and garner insights This will enhance their future employability and make them industry ready The students will be empowered with first-hand knowledge of major automotive systems
Britannia promises a 50% increase in women’s employment next year Brittania celebrated Women’s day 2022 in a unique way by promising more opportunities to women. Women’s equality is integral to all dimensions of inclusive and sustainable development. Empowering women will allow them to have more control over their lives and future. This can be achieved through increasing women’s agency, ensuring equal access and control over resources and providing supportive institutional structures in place. Britannia Industries Chief Marketing Officer (CMO) Amit Doshi said, “We want to promote gender equality in the company,” At Britannia’s Guwahati factory, the proportion of women in…
Fully digital Mahila Money card launched Mahila money prepaid card paves way to economic freedom and financial inclusion for women entrepreneurs The card aims at engaging woman to actively use their bank accounts A survey by the All-India Debt and Investment (AIDIS) shows 55 % of women are dormant bank account users Mahila Money Prepaid Card will offer incentives, remittance, rewards, and cashback Loans can be transferred directly into the card The card is hassle-free, secure and protects user privacy Transcorp assists the digital card as India’s first non-bank,co-brand; offered on the Visa network
List of top 10 of India’s richest Mukesh Ambani reliance industries net worth 103billion$Gautam Adani Adani groups $81 billionShiv Nadar HCL $28 billionCyrus Poonawalla Serum Institute of India $26 billionLakshmi N Mittal ArcelorMittal $25 billionRadhakishan Damani Avenue Supermarts $23 billionSP Hinduja Hinduja $23 billionKumar Mangalam Birla Aditya Birla $18 billionDilip Shanghvi Sun Pharmaceutical Industries $18 billionUday Kotak Kotak Mahindra Bank $16 billion
Know about DigiSaathi and how can it help you with digital payments? Let me tell you more about DigiSaathi and what information it will offer. DigiSaathi is a 24-hour information hotline built for the users of digital payments products and services. The helpline would offer information on various products and services offered across payment cards of all kinds, including debit, credit and prepaid cards, UPI, QR-based payments, mobile or net banking, ATMs and more. Besides this, it will also provide contact details of various payment system participants, both banks and non-banks. The RBI also launched UPI123Pay, which will allow feature…
Tata Motors Close to Buying Fords’s Sanand Plant | Manufacturing Headroom to Boost | #FordIndia Tata motor to acquire ford Sanand’s plant Currently, Tata Motors is operating at 85% capacity across its plants in the country Ford shutter its manufacturing and sales operations in India Ford endures loss of 2 billion $ and falling volume Tata motors and Ford submit proposal for sale to Gujarat state govt for review The acquisition of the Ford factory would give it much-needed manufacturing headroom to boost output Tata Motors Sanand plant expected to manufacture 2.5 lakh cars per annum