India is currently on its way to dominating the mobile manufacturing landscape. Prime Minister Modi said that India has become the second-largest producer of mobile phones in the world. India’s infrastructure, favourable government policies and large talented workforce have attracted giant global corporations. The biggest smartphone company, Apple is turning to India to manufacture its […]
Food and Public Distribution Secretary Sanjeev Chopra on Tuesday held a video conference with food secretaries of all states and discussed ways to benefit citizens by cooling down of wheat prices. The meeting comes a day after the centre imposed stock limits on wheat applicable to wholesalers, traders, retailers, big chain retailers and processors; and […]
Reliance Jio is relatively ahead of its peers in preparing for fixed wireless access (FWA) deployment because of its wider 5G coverage, availability of wider-spectrum bands including 700MHz, and improved fibre infrastructure, among others, said Emkay Global Financial Services in a report. Stating that Reliance Jio has already committed to a USD 25 billion investment […]
UrbanPiper , a SaaS platform for restaurants and food businesses, is set to acquire Ordermark’s U.S. business as company’s global expansion strategy., according to a press release. With this acquisition, UrbanPiper further solidifies its position as a global leader. The addition of Ordermark’s technology and business expertise will enhance UrbanPiper’s capabilities and accelerate its growth, […]
CoutLoot, an online non-grocery retail aggregator, has expanded offline. The retail tech player has opened its first store in Mumbai. The company plans to open 50 stores by the end of this year in UP, Maharashtra, Gujarat, and Delhi where it will transform and standardize the existing small retail shops selling unbranded merchandise which are […]
With headline inflation based on the consumer price index (CPI) dropping near Reserve Bank of India (RBI) target, manufacturing on revival, Indian economy on a steady upturn, said Deepak Sood, Secretary General, Assocham. In May, India’s CPI inflation moderated to an almost 25-month low to 4.25 per cent as compared to 4.70 per cent in […]
Patanjali Foods has unveiled an ambitious growth plan aimed at achieving an operational profit of Rs 5,000 crore and a turnover exceeding Rs 50,000 crore in the next five years. In an interview with the news agency PTI, Ramdev expressed the company’s strong desire to expand its food and FMCG business, as well as its […]
Vinit Garg, Founder and CEO of Mylo, has been added in the prestigious ‘BW Retail World 40 under 40’ list by BW Businessworld. With over 18 years of mastery in product-enabled businesses, Garg has a track record of driving thriving methods and building outstanding teams. Before launching Mylo in 2018, Garg held key roles at […]
China’s factory gate prices reduced at the fastest pace in seven years in May 2023 and quicker than forecasts as demand weighed on a slowing production sector and affected the fragile economic recovery, Gulf Today reported. Factory-gate price is the price at which a factory sells goods to wholesalers. China has been tackling a sharp […]
The Minister of State for Foreign Trade of UAE, Thani Al Zeyoudi on Monday said that the trade ties between New Delhi and Abu Dhabi have proliferated following the Comprehensive Economic Partnership Agreement (CEPA). “Trade ties with India have grown very rapidly following CEPA. There are several areas where we are looking to provide a […]
