
Blog
 Sree Vijaykumar |
From the Editor's Desk Ok, so your 'Uber for party planners' idea is probably not going to work. There are several reasons Uber has worked, however the primary reason is a combination of factors unique to the transportation industry. The average customer has a high frequency need for transportation. The incumbent system is highly inefficient for both drivers and passengers (taxis wait around forever, customers don't get taxis when they need them). Technology does a good job of matching demand and supply in a timely fashion, thus adding huge efficiencies. Price points are high enough where margins can be extracted. The service touchpoints are simple (get me safely from point A to point B in a clean car). Several reasons have been quoted for the recent failure of heavily funded Homejoy, including inconsistent quality (complicated delivery) and low margins. Entrepreneurs are advised to consider all these factors and more before pitching their next big marketplace idea - Comment |
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Ecommerce
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EcommerceRealme Debuts Consumer Appliances Range On Flipkart Ahead Of The Big Billion Days Bengaluru: Flipkart, India’s homegrown e-commerce marketplace, today announced the launch of the brand new realme TechLife Washing Machine range ahead of The Big Billion Days 2021. With the launch of its washing machine lineup on Flipkart, Realme marks its entry into the large consumer appliance segment. The Realme range of washing machines is equipped with intelligent features that include smart sensors, Fabric safe wash, 150W powerful motor, In-Built Heater and IPX4 water-resistant panels. The new range seeks to offer a bigger capacity (7.5kg) with robust features at a budget price.
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EcommercePayback India launches Pay feature on its app PAYBACK PAY will enable PAYBACK India’s 100 million+ members to make payments by scanning the UPI QR at any retail store/ merchant outlet by using the PAYBACK app and earn loyalty points on every transaction., , payback, application, startup
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EcommerceAustralias most trusted natural health brand Blackmores launches in IndiaAustralian-based and internationally loved natural health and dietary supplements company has announced its launch into the Indian market, reaching local consumers in association with Amazon India and other major ecommerce platforms before expansion to traditional retail in... Read Full Story of Business India News, Australias most trusted natural health brand Blackmores launches in India
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EcommerceMyntra expects 5.5 million customers to shop during upcoming Big Fashion Festival "Myntra is expecting about 5.5 million unique customers during its upcoming Big Fashion Festival, with about 1.8X increase in traffic over the previous edition. This edition of the mega fashion event is expected to see a massive uptick in demand, at 4X over BAU and 1.6X over the last festive season, with about 40 per cent contribution coming from tier II-III markets," a statement said.
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HR
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HRRupinder Pal ends international career Drag-flicker Rupinder Pal Singh and defender Birendra Lakra, who were part of the the Indian men’s hockey team that won bronze at the Tokyo Olympics, today announced their international retirements. While Rupinder quit “to make way for youngsters” and announced his decision by post
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HRBalachaur couple on forest clean-up mission In a bid to protect the forests of Nawanshahr from waste dumping and littering, Aman Verma and Dr Sunita have been carrying out drives to rid the forests of garbage for the past eight years. The Nawanshahr-based couple runs a hospital at Balachaur and is known for its philanthropy.
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HRJob alert! This global services major plans to hire 10,000 people in India New Delhi: Global financial services provider FIS Thursday announced plans to hire 10,000 people in India in the next one year amid increasing investment and growth prospects. As part of its 12-month recruitment drive across India, the company plans to onboard more than 10,000 people at all levels and there will be a special focus […]
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HRAmish Mehta is new Crisil CEO India Business News: Mumbai: Crisil’s president and chief operating officer Amish Mehta will take over as the MD & CEO from Friday.
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Construction
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Construction
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ConstructionKairon, the unhailed hero of Punjab On October 1, a man would have turned 120 and it makes me walk down memory lane. I came to Chandigarh from Kolkata in 1960 and the person instrumental for this move was Sardar Partap Singh Kairon, the then Chief Minister of Punjab. I came to meet him in Chandigarh and at the appointed time entered h
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Construction
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ConstructionSullivan meets French Ambassador to discuss confidence-building measures Washington, Oct 1 (UNI/Sputnik) US National Security Adviser Jake Sullivan has held a meeting with French Ambassador to the United States Philippe Etienne to discuss confidence-building measures following the diplomatic row over the US submarine contract with Australia under the recently-established AUKUS alliance, the White House said.
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Construction8-storey building collapsed in landslide in Shimla 8-storey building collapsed in landslide in Shimla - An 8-storey building collapsed in the landslide in Shimla, the capital of Himachal Pradesh. In view of the heavy rains, the Municipal Corporation had asked people to vacate the building 15 days in advance.
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ConstructionStocks that will see action today Focus on automobile cos, F&O new players, oil & gas stocks, Dhanlaxmi Bank, Welspun Corp, L&T Tech, Inspirisys, Jai Corp, Jubilant Foodworks, GR Infraprojects, Sterling & Wilson
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Construction
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ConstructionMiami's top architect Kobi Karp enters Pakistani market In a big boost to Pakistan’s international prospects, Miami’s leading architect Kobi Karp has completed the designs for the $30 million luxury residential tower One Canal Road by Diyar Homes. Kobi Karp is the name behind some of Miami’s most iconic developments, including the Four Seasons Private Residences and the Legacy Tower, South Beach, USA. […]
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ConstructionA security architect’s POV on a mature data-centric security program, Part 2 In part one of this series, we explored the challenges associated with accessing and searching long-term retained database activity logs, and identifying sensitive customer data to comply with stricter compliance regulations. In this post, you’ll see through a security architect’s eyes the challenges of managing organizational leadership through the transition from compliance-centric to data-centric security. The post A security architect’s POV on a mature data-centric security program, Part 2 appeared first on Blog.
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Construction
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Construction‘Master Plan of Chandigarh should not be tweaked’ Concerned about the protection of clean and green environment and the planned heritage of the City Beautiful for the future generations, eminent citizens of the city have urged UT Administrator Banwarilal Purohit that the Master Plan of Chandigarh-2031 should be treated sacrosanct and deviation from
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Construction
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All Business
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All BusinessThese seven airlines have ceased operations in India over the past decade & here's a quick look The Indian aviation sector has been a grim space for the airlines due to a myriad of factors, including high ATF prices, low production cost and tough competition from low-cost carriers.These are the Indian airline companies that have ceased operations in the past 10 years: Check out the latest news and updates on Business Insider. AirAsia India has been making headlines over the past few months as the company fights for survival. The Indian arm of AirAsia has been under major financial distress, and the COVID-19 pandemic has only made it worse. According to reports, its parent company AirAsia Group Bhd. has also stopped funding the Indian arm as the global travel slump has left the parent company under duress.A TOI report also suggests that Tata Sons is mulling to acquire the rest of the 49% stake from AirAsia India in this joint venture since the parent company is facing problems. Earlier this week, the Union Aviation Minister Hardeep Singh Puri hinted that the airline may shut operations soon if not rescued. “AirAsia’s shop is anyway shutting down, their parent company has problems,” the aviation minister said. However, AirAsia India is not the first airline to experience the turbulence in its operations. The Indian aviation sector has been a grim space for the airlines due to a myriad of factors, including high ATF prices, low production cost and tough competition from low-cost carriers. More than half a dozen airlines have ceased their operations over the past decade.These are the Indian airline companies that have ceased operations in the past 10 years:
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All BusinessFlipkart expands supply chain in India to meet festive demand E-commerce platform Flipkart said on Wednesday that it has added over 3.4 million square feet space across its supply chain assets including fulfilment centres, mother hubs and delivery centres throughout the country in preparation of the upcoming festive season and the Big Billion Days sale event. With this addition, the total warehousing space for Flipkart …
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All Business2 In 5 Indian Professionals Are In Distress: LinkedIn Findings reflect that 51% of the Indian workforce is working remotely due to COVID-19, and continues to question the effectiveness of remote work as professionals experience increased stress and anxiety, , linkedin, COVID-19, World Mental Health Day 2020, stress
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All BusinessTCS surges to record after unveiling $2-bn buyback Tata Consultancy Services Ltd surged to a record high after the Indian giant announced a share buyback of as much as ₹16,000 crore ($2.2 billion) and said technology spending was recovering faster tha
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