technology
Finance

Retailers Lose $1 Million An Hour To Outages, Says New Relic

AI drives surge in observability investments as retailers seek to cut downtime and protect revenue during peak shopping seasons Retailers are increasingly investing in observability tools to ensure smooth digital experiences and minimise costly outages, as retailers lose a median of USD 1 million for every hour of downtime. The impact remains steep during high-traffic […]

Read More
Companies consumer Economy Retail Retail Tech tech

About 67% Of Retailers Credit AI For Enhanced Efficiency, Reveals Report

The report reveals that AI-powered applications like fashion avatars, smart shopping carts and virtual influencers are enhancing customer engagement

Read More
Brands Companies Consumer consumer E-commerce & Marketplaces Electronics News Retail Sector Stores tech

ASUS Eyes 30% Market Share In India With Aggressive Retail Expansion

With a goal to dominate India’s PC market, ASUS plans a rapid expansion into 600 districts within two years ASUS is setting its sights on becoming the top personal computer brand in India, targeting a market share of 25-30 per cent over the next two years. Arnold Su, Vice President of Consumer & Gaming PC, […]

Read More
Brands Companies Finance News

Pansari Group Achieves 39% Volume Increase, 20% Value Gain In FY24

Pansari Group, a prominent player in the FMCG industry, has reported an outstanding performance for the fiscal year 2023-24, marking a 20 per cent surge in value and 39 per cent increase in volume. This growth sets the stage for further expansion and solidifies the brand’s position as a market leader. Highlighting their strategic focus […]

Read More
Companies Events International News

Finnish Startups Eye Indian Market: Business Finland Hosts Virtual Session For Collaboration

Business Finland is set to host an interactive virtual session on March 20 to provide an exclusive platform for Finnish startups to explore opportunities within the dynamic Indian market, the Embassy of Finland in India informed in a press release. The session will bring together key players from the Finnish startup ecosystem and Indian industry […]

Read More
Brands Companies Electronics Manufacturing National News

Google To Shift Pixel Phone Production To India, Targets 10 Mn Units In 2024

Google has told suppliers to start making its Pixel smartphones in India by the next quarter at the earliest, as part of the search engine giant’s aim to further diversify its supply chain away from China and capture the booming Indian smartphone market, Nikkei Asia has reported. As per the news report published on Thursday, […]

Read More
Brands Companies News

Birla Group Unveils “Birla Opus” Paints Brand, Aims For Rs. 10,000 Cr Revenue

Aditya Birla Group Chairman Kumar Mangalam Birla, on Thursday, unveiled products and services under its new decorative paints brand “Birla Opus”, aiming for Rs.10,000 crore gross revenue within three years of full-scale operations. This marks the Aditya Birla Group’s entry into the rapidly expanding Rs 80,000 crore Indian decorative paints market, with an unprecedented level […]

Read More
Brands Companies News Retail

Walmart To Build Or Convert 150-plus Stores Over Next 5 years

Walmart on Wednesday said that it wants to build or convert more than 150 shops over the next five years, as well as refurbish existing ones. Walmart said in 2016 that it was halting new store openings and instead investing in online activities, technology, and shop remodels to compete with Amazon. A company spokesman stated that the […]

Read More
Electronics Finance Government National News

Focus On Youth, Tech & Innovation: FM Sitharaman Unveils Interim Budget 2024-25

Finance Minister Nirmala Sitharaman has presented the budget for the sixth time. On Thursday, she unveiled the interim budget for FY 2024-2025 ahead of the official government takeover in July 2024. Sitharaman expressed confidence in BJP’s victory in the upcoming general election this year. She stated, “In July 2024, our administration will present a comprehensive […]

Read More