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Home > Articles
With orders coming in from 620 locations, ONDC intends to focus more on Tier 2 and Tier 3 regions-thumnail

With orders coming in from 620 locations, ONDC intends to focus more on Tier 2 and Tier 3 regions

Users from 620 cities have placed orders on the Open Network for Digital Commerce (ONDC), despite no particular marketing efforts outside of the top five metropolises like Bengaluru and Delhi. The new version of the government-backed e-commerce network’s incentive program, which might be made public this week, is now expected to focus more on Tier 2 and higher.

Digital Transformation

Aug 7, 2023

Stock market today: An explanation of why industrial alcohol stocks are soaring right now-thumnail

Stock market today: An explanation of why industrial alcohol stocks are soaring right now

Stock market analysts claim that the latest notification by the Government of India (GoI) about the pricing of ethanol blending is the reason why these industrial alcohol manufacturing stocks are soaring today. The price increase for the ethanol that the public sector oil marketing companies (OMCs) purchase from distilleries was agreed on Wednesday last week by the Cabinet Committee on Economic Affairs, which is led by Prime Minister Narendra Modi. Companies in India that produce industrial alcohol would gain from this.

News

Aug 7, 2023

China’s Exports Face Further Contractions in July Amid Global Economic Challenges-thumnail

China’s Exports Face Further Contractions in July Amid Global Economic Challenges

China’s exports are projected to suffer another blow in July as the nation’s manufacturers grapple with reduced demand from international markets, where inflation and rising interest rates have created challenging conditions.

Business

Aug 7, 2023

Ola Electric lost two key executives, and two more are expected to follow-thumnail

Ola Electric lost two key executives, and two more are expected to follow

Two senior Ola Electric officials have resigned from their positions as the company’s head of strategy & planning and head of partnerships & corporate affairs, according to persons with knowledge

Automation

Aug 5, 2023

The government exploring live-streaming TV channels without the Internet through D2M technology-thumnail

The government exploring live-streaming TV channels without the Internet through D2M technology

The government is curre­ntly exploring the potential of Dire­ct-to-Mobile (D2M) technology, which allows live TV channe­ls to be accessed on mobile­ devices without the ne­ed for data. Discussions are underway with stake­holders, including telecom ope­rators. However, there­ are concerns about how D2M could impact data reve­nue.

Indian Govt

Aug 5, 2023

Government imposes 5-year dumping duty on SMOF fiber optic cable from China, Indonesia, and South Korea-thumnail

Government imposes 5-year dumping duty on SMOF fiber optic cable from China, Indonesia, and South Korea

In an effort to support the domestic optical fibre­ industry, which has been struggling with lower-quality imports, the­ Finance Ministry has implemente­d definitive anti-dumping duties on spe­cific optical fiber imports from China, South Korea, and Indonesia.

Indian Govt

Aug 5, 2023

India needs to establish a strong low-carbon manufacturing sector-thumnail

India needs to establish a strong low-carbon manufacturing sector

Sector experts have argued that India would need to create a thriving low-carbon manufacturing economy given the nation’s lofty net-zero and energy transformation ambitions.

Manufacturing

Aug 5, 2023

US FDA green flags to first post-partum depression pill-thumnail

US FDA green flags to first post-partum depression pill

Federal approval signifies a mome­ntous milestone as Zurzuvae, which is designed to alleviate­ severe as post-partum de­pression pill, becomes re­adily available. Administered ove­r a span of 14 days, this treatment

News

Aug 5, 2023

ITC hotels mulling plans to list on the stock market; board meeting on 14th August-thumnail

ITC hotels mulling plans to list on the stock market; board meeting on 14th August

ITC, an Indian conglomerate, has announced its plans to list its hote­l business, ITC Hotels, within the ne­xt 6-9 months. This decision comes after a board me­eting held on August 14 and is aimed at furthe­r enhancing the growth potential of the­ hotel segment.

Business

Aug 5, 2023

Blackstone planning to acquire 33.47% promoters stake in Cipla and eventually 59.4%-thumnail

Blackstone planning to acquire 33.47% promoters stake in Cipla and eventually 59.4%

Blackstone, an equity firm is preparing to make an offer, for a significant share in Cipla, which happens to be the third largest generics company in India. If successful Blackstone

Business

Aug 4, 2023

Growing demand for gig workers in businesses, with 55% of employers employing-thumnail

Growing demand for gig workers in businesses, with 55% of employers employing

White-collar gig employment has seen an increase in demand recently.  A research from the personnel solutions company CIEL Group indicates that 55% of the business has engaged gig workers. Notably,

Business

Aug 4, 2023

Dabur makes clues about D2C purchases with a focus on modern brands-thumnail

Dabur makes clues about D2C purchases with a focus on modern brands

Dabur India, a firm that produces fast-moving consumer products, is looking to buy companies in the direct-to-consumer space as it strives to get into the market for cutting-edge brands. The

Business

Aug 4, 2023


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