Search Results for: e-commerce'

Rural consumption of FMCG goods surged 60 pc over last 2 years: Report

There has been a 60 per cent rise in the average FMCG basket size among India's rural consumers in the last two years, driven by a growing preference for convenience products, according to the latest Group M and Kantar report released on Monday.

11 days ago

Andhra Pradesh presents Rs 2.94 lakh crore Budget for 2024-25

Andhra Pradesh Finance Minister Payyavula Keshav on Monday presented a Budget of Rs 2,94,427 crore for the financial year 2024-25.

11 days ago

Rama Krishna Inampudi: Architect of Innovation in the Cards & Payments Domain

Rama Krishna's expertise was crucial in a large-scale switch implementation project, where he led the transition of payment processing to a leading payment network.

14 days ago

200 Indian women entrepreneurs set to raise Rs 850 cr from investors: Goldman Sachs

At least 200 women entrepreneurs in India are poised to raise an estimated Rs 850 crore ($100 million) from investors, helping to expand businesses and create new jobs, Goldman Sachs announced on Friday.

14 days ago

Zomato CEO Deepinder Goyal reveals the story behind flirtatious push notification of his app

Deepinder Goyal, the CEO of food e-commerce platform, recently graced the latest episode of the streaming sketch comedy show 'The Great Indian Kapil Show' along with his wife Gia Goyal, businessman Narayana Murthy, and his wife Sudha Murthy, who is the Rajya Sabha member.

15 days ago

ED conducts raids on multiple sellers linked to e-com players including Amazon, Flipkart

The Enforcement Directorate (ED) on Thursday conducted raids on multiple sellers across the country -- linked to e-commerce platforms including Amazon and Flipkart -- over alleged money laundering activities.

15 days ago

Elastic Scaling: Powering Cloud Efficiency with Adaptive Innovation

E-commerce platforms use elastic scaling to handle traffic surges during holiday sales, maintaining performance and preventing downtime

16 days ago

India's goods exports to top countries record double-digit surge

India's diversified export basket driving overall growth

India's export basket has diversified over the last five years into high-value electronics, engineering goods and petroleum products, with the total value of the country's exports surging by close to 40 per cent -- from $314 billion in 2019-20 to $437 billion in the financial year ended on March 31, 2024.

18 days ago

Govt to launch 4,740 digital service centres to boost inclusive growth in rural areas

The Ministry of Electronics and Information Technology (MeitY) on Friday launched the Digital India Common Service Center (DICSC) project to bridge the digital divide in rural India and ensure that digital services reach every citizen.

20 days ago

BPL Group Chairman T.P.G. Nambiar passes away, top leaders express condolences

Consumer electronics and medical device major BPL Group's founder and Chairman T.P.G. Nambiar passed away in Bengaluru early on Thursday. He was 94.

21 days ago

Jomla Announces to Launch a Podcast to Empower Tech and Podcasting Fans

The introduction of the podcast makes Jomla more than a marketplace and stays continuously on course in the fields of technology, fast searches, and content related to education.

22 days ago

E-commerce platform Meesho clocks Rs 53 crore loss in FY24

E-commerce platform Meesho on Wednesday reported a Rs 53 crore loss for FY 2023-24, while narrowing down the figure by 97 per cent from Rs 1,569 crore in FY 2022-23.

23 days ago

EAM Jaishankar holds discussions with German Foreign Minister Annalena Baerbock in Delhi

External Affairs Minister (EAM) S. Jaishankar held comprehensive talks with German Foreign Minister Annalena Baerbock on Friday and discussed various regional and global matters.

27 days ago

Time is ripe to join India's growth story: PM Modi tells German biz delegation

Prime Minister Narendra Modi on Friday said this is the right time to join India's growth story, as German Chancellor Olaf Scholz met the Prime Minister in the national capital with a business delegation.

28 days ago

UDAN Scheme Revolutionizes Indian Aviation Sector

The UDAN scheme has transformed India's aviation sector, making air travel more accessible and affordable. The initiative has operationalized 86 aerodromes, established 617 routes, and facilitated over 2.8 lakh flights.