eBay, a global commerce platform that connects millions of buyers and sellers around the world, has launched its first-ever ‘Seller Guide’ for Indian exporters. This handbook serves as a tool, providing sellers venturing into cross-border ecommerce with a complete roadmap. From data on India-centric supply to onboarding procedures, promotions and shipping strategies, this guide paves […]
Japanese electronics manufacturer TDX Corporation will manufacture battery cells for iPhones In India, according to a media report. As per the report, TDX will supply battery cells to Premium electronic manufacturer Apple. The company is likely to work with the Sunwoda Electronics which already has operational units in India. TDK has reportedly acquired Li-ion battery […]
The Open Network for Digital Commerce (ONDC), in collaboration with Google Cloud India, Antler in India, Paytm, Protean and Startup India revealed ‘Build for Bharat’ initiative. According to the ONDC, the initiative aims to tackle diverse challenges in digital commerce, promoting industry innovation to develop practical solutions in this space. ‘Build for Bharat’ intends to […]
The Ministry of Corporate Affairs (MCA) is likely to investigate Chinese smartphone manufacturer Vivo under a Serious Fraud Investigation Office (SFIO). Vivo has already been accused by the Enforcement Directorate (ED) of laundering, a leading media house reported on Saturday from people familiar with the matter. The ministry has instructed Vivo’s regional director to conduct […]
The global smartwatch shipments increased 9 per cent in Q3 FY23 compared to same quarter last year, according to Counterpoint Research. The primary drivers of this growth were sustained strong performance of the Indian market led by Fire-Boltt as well as Huawei smartwatches. Amid a global economic slowdown, most consumer device like smartphones are […]
Hindustan Unilever (HUL) has unveiled plans to restructure its beauty and personal care business, dividing it into two distinct divisions, to intensify focus on these high-growth segments amidst mounting competition from emerging brands. The consumer goods giant announced this strategic move in an exchange filing on Friday, stating that the split into dedicated ‘beauty and […]
More than 60 Indian footwear and leather goods manufacturers are set to participate in the largest exhibition of such products in the Middle East and North Africa (MENA) region from 11-13 December. The Dubai International Footwear and Leather Exhibition (DIFLEX 2023) comes against the backdrop of rising demand for footwear and leather goods in the […]
Coca-Cola on Thursday revealed a substantial investment of Rs 1,387 crore for a new manufacturing facility in Maharashtra’s Ratnagiri district. Spanning 88 acres in the Lote Parshuram Industrial area within the Maharashtra Industrial Development Corporation zone, the facility will utilize water from the Vashishthi river, according to a statement from Hindustan Coca-Cola Beverages. The greenfield […]
UltraTech Cement, an Aditya Birla group company, announced on Wednesday that it had purchased the cement grinding assets of Burnpur Cement Ltd in Jharkhand for Rs 169.79 crore. UltraTech Cement said in a regulatory filing that it had acquired the 0.54 mtpa cement grinding assets of Burnpur Cement, which is based in Patratu, Jharkhand. “The […]
Dixon Technologies’ subsidiary, Padget Electronics, has unveiled its new Noida factory which will manufacture Xiaomi smartphones. The inauguration ceremony highlighted the investment of Rs 256 crore in this facility. The manufacturing plant is expected to generate approximately 5,000 job opportunities. With an annual production capacity of 25 million units, the facility aims to challenge prevailing […]
