There is a growing trend of combining automatic identification and data capture (AIDC) technologies, such as barcoding, RFID and the internet of things (IoT), to enhance supply chain efficiency and precision. Biplab Banik, Sr.VP & Business Head at Bar Code India emphasises the transformative impact of these technologies on supply chain efficiency and retail operations. […]
Tata Coffee, a Tata Group company, is set to finalise its merger with Tata Consumer Products (TCPL) and Tata Beverages and Foods (TBFL) on Monday, as per the company’s stock exchange filing. The record date for determining the shareholders entitled to receive TCPL’s equity shares post-demerger and amalgamation is 15 January. The company’s BSE filing […]
Chinese tech giant Huawei Technologies is reportedly expected to exceed its revenue by USD 98.5 billion for 2023, indicating a 9 per cent YoY revenue growth from last year, according to a media report on Friday. The forecast further suggested Huawei’s rebounding after US sanctions in 2019 that damaged some of its business lines. The […]
Unicommerce, an ecommerce enablement SaaS platform, expanded its suite of SaaS solutions with the launch of UniShip, an integrated post-order journey solution with shipment tracking and a smart courier partner allocation engine for D2C brands and online retailers. UniShip seamlessly manages three kinds of post-shipment journeys: orders en route to buyers, orders returned by buyers and […]
Greaves Retail, the retail unit of Greaves Cotton, a provider of clean mobility and energy solutions in the e3W, ICE 3W, and SCV segments, and UGRO Capital, a DataTech NBFC focused on MSME lending on Thursday announced its partnership to offer financing to dealers. Under this collaboration, UGRO Capital will offer an array of comprehensive […]
Adani Ports and Special Economic Zone, an Adani group firm, on Tuesday, reported a consolidated net profit of Rs 2,114.72 crore for the quarter that ended June 2023, which is 83 per cent higher compared with Rs 1,158.28 crore in the same quarter last year. Revenue from operations rose 23.51 per cent year-on-year (YoY) to […]
Shiprocket, an ecommerce enablement platform and Sayl.ai, an AI-driven WhatsApp commerce company, have joined forces in a strategic partnership that aims to transform the way ecommerce brands engage with their customers on WhatsApp. According to the media release, this collaboration brings together Shiprocket’s AI/ML-based product, Shiprocket and Sayl.ai’s proprietary AI capabilities to empower brands with […]
Rage Coffee, the Delhi-based FMCG company that manufactures, markets, and distributes innovative packaged coffee products, has opened its manufacturing and blending facility, which will enhance its coffee blending outputs across the board. The facility is highly resourceful, as it packs storage, production, and warehousing capabilities in its grand scheme of things, the press note stated. […]
