Reliance Industries is in the headlines these days due to the account of continuously expanding its business, whether by getting investments or acquiring firms. The firm has got millions of investment and has acquired significant firms in the past few months. In a fresh news piece, Reliance Industries may purchase furniture brands Urban Ladder and Milk delivery platform “Milk Basket” in the upcoming days. It’s evident that Reliance Industries wants to expand its e-commerce business further and is joining hands with new ventures. Reliance launched online grocery service, Jio Mart, in May, which was launched in India to compete with…
Author: Harsh Verma
Amazon has launched an online pharmacy in Bangalore, the capital of India’s southern state of Karnataka. According to reports, the company announced the introduction of ‘Amazon Pharmacy’ in a statement. Under this, the company will also sell prescription-based and over-the-counter medicines, health equipment, and Hindustani herbal medication. At present, companies like One MG, Netmeds, MedLife, and PharmEG are working in this area, who are distributing medicines to their customers through online platforms. Amazon’s stepping in pharmacy business will affect portals. Amazon Pharmacy also sells traditional herbal medicines and some health devices such as glucose meters, nebulizers, and handheld messengers. Amazon’s…
Mukesh Ambani led Reliance Industries is viewing to purchase the TikTok’s Indian unit. According to 6 sources close to the matter, Reliance is currently assessing the profit and loss from investing in TikTok. The report said that negotiations are going on between TikTok’s parent company ByteDance and Mukesh Ambani-owned Reliance Industries Limited (RIL). However, both companies have not reached any deal yet. Reliance and TikTok have not yet responded to the case. TikTok CEO Kevin Mayer got reported to have met top Reliance executives. In this meeting, there has been talking about TikTok’s Indian business, although Reliance Industries has not…
The Board of Control for Cricket in India (BCCI) has broken ties with Chinese smartphone company Vivo for the title sponsorship of IPL 2020 as the Indian government is banning Chinese. The latest news is occurring that Patanjali Ayurved, a company founded by Baba Ramdev, may bid for the sponsorship title of IPL 2020. The current situation is not right for IPL in India due to the coronavirus epidemic. Therefore, IPL 2020 will get played in the UAE. from September 19 to November 10. After the end of the contract for the sponsorship of IPL worth Rs 440 crore by…
While several countries were making noise about winning the race for making the COVID vaccine first, Russia might have silently overpassed them. Russia has made a big claim regarding the Corona vaccine and its development. Russia says it has prepared the first vaccine for Corona, and the daughter of President Vladimir Putin was the first person to get the first dose and get vaccinated. According to the World Health Organization (WHO), clinical trials of more than 21 vaccines are currently underway all over the world, and Russia seems to be at the forefront of the development of the vaccine. President…
The global supply chain faced a significant impact as the logistics network between suppliers, manufacturers, and warehouses got impacted severely due to the halt in international flights, cargo shipments, and even regional freight. The uncertain stock fluctuation, consumer demand, purchasing behavior created a hurdle for e-commerce giants to manage inventory. Another challenge was to ensure the safety of workers and the consumers for which procedures such as contactless delivery, protective equipment, sanitization of warehouses and other measures got taken into account. Future of Ecommerce The worldwide e-commerce market was valued at 9.09 trillion in 2019 and get expected to grow…
EduTech company Byju’s has bought EduTech company White Hat Junior for about Rs 2200 crore. Byju’s said that after purchasing White Hat Junior, it will emerge stronger in education technology. Also, White Hat Junior’s expertise in live online coding will help the company grow. White Hat Junior, which started in 2018, provides online training to children aged 6 to 14 to make games, animations, apps, fundamentals of coding are taught through this platform. CEO of Byju’s, said that White Hat Junior is the leader start-up in the online coding space. Under his leadership, the company has achieved very good growth…
Indian education policy and its structure has been changed after 34 years. HRD Minister Ramesh Pokhriyal Nishank said that this policy will pave an important path in revolutionizing Indian education system. This new effectwill prove to be a milestone in the construction of new India. For the first time in the history of the country, it has happened that everyone’s opinion has been taken on such a large level. There will be only one factor for higher education in the country and it will have different horizons of scope and research. New skills (such as coding) will be introduced just…
The popular video conferencing app Zoom is considering making significant investments and increasing job recruitment in India over the next five years. A top official of the Zoom gave this information. In the past few days, big companies of America’s tech industry have started shifting their business in India due to rising tension. In this sequence, now Zoom is the next company that is looking to expand business in India. Viewing the increasing number of users in India, the Zoom app is planning to expand its business in India. Soon the company is going to open its new technology data…
India’s second-leading e-commerce company Flipkart Group has bought Walmart India and has acquired a 100% stake in Walmart India. With this deal, Flipkart is also bringing a new digital marketplace Flipkart Wholesale. This step by e-commerce giant will enable Walmart to take advantage of India’s strong wholesale capabilities and boost the growth of grocery and MSMEs. The move will also strengthen the company’s grocery business, which is becoming increasingly competitive. Flipkart made the announcement when the company recently raised $ 1.2 billion from a Walmart-led group of investors. However, Flipkart has not disclosed the value of the acquisition deal of…