The Reserve Bank of India has given Indian consumers a new option to make their daily payments at local shops and retail outlets for the purchase of daily household goods and services. In a bid to give increased impetus to small ticket digital payments RBI on Tuesday has introduced a new Prepaid Payment Instrument (PPI) […]
Digital-first brands took just three years to hit Rs 100 crore revenue
Digital-first brands such as BoAt, WoW Skin Sciences, MamaEarth and LifeLong have hit Rs 100 crore in revenue run rate within 24-36 months of launch, a milestone that used to take at least five years earlier, investors said. The brands — in the personal care, FMCG, electronics and appliances sectors — achieved traction quickly as […]
Best of the Blog 2019: Part I
We’re wrapping up a decade, readers! And the last year in this decade has been another good one for the FPA Practice Management Blog powered by the Journal of Financial Planning. This holiday season, we’re recapping the top 10 most-read blog posts of 2019 in two separate posts. Take a look part one of the […]
The Netflix decade: How one company changed the way we watch TV
In the not-so-distant past, TV viewers were forced to wait a week for the next installment of their favorite shows, parceled out by networks in half-hour or hour-long increments. Fast forward to 2019, when media and tech companies are subverting that schedule and the majority of viewers using U.S. TV streaming services watch an average […]
SoftBank’s $3 billion WeWork financing talks stall with Japan banks: Sources
SoftBank Group’s talks to secure $3 billion from Japan’s three biggest banks have stalled as the lenders have hit internal lending limits to the firm, two people said, complicating a $9.5 billion rescue package for WeWork. The Japanese technology conglomerate is now likely to enter the new year without the WeWork financing in place, the […]
Code decode: Newer challenges for professional coders
Representative Image Piyush Mishra, 30, started programming when he was 16. An IIT graduate who had moved back to his hometown in Balasore, Odisha, taught young Mishra the basics of coding. Gradually, Mishra, who studied in a government school in Balasore, mastered PHP, Flash and HTML, and started coding for local entities — a cricket […]
Have 60% revenue market share in food delivery: Swiggy CEO Sriharsha Majety
Talks of potential consolidation in the online food delivery space involving Zomato and UberEats does not worry Swiggy co-founder and CEO Sriharsha Majety. In an exclusive interview with TOI, Majety said Swiggy, with a $3.3-billion valuation, will continue to have a dominant market share both in revenues and number of orders. Swiggy said it crossed […]
Data policy tweaks set to keep India Inc busy in 2020
As 2019 comes to an end with the introduction of the long-awaited Personal Data Protection Bill, India Inc awaits yet another year of hectic technology policymaking that will seek to regulate everything from personal and non-personal data, technology intermediaries, ecommerce companies, over-the-top platforms, cloud services and digital taxation. Technology companies will have their hands full […]
After Google, Twitter warns Indian users about data breach
In an extremely stressful year for Internet users, Twitter on Saturday admitted a malicious code was inserted into its app by a bad actor that may have compromised some users’ information worldwide, including in India, as people woke up to an email from Twitter, warning them to update the app for Android. The vulnerability within […]
Internet shutdowns in world’s second largest net market
Over the last two weeks and especially over the last few days, internet has been shut down in various parts of India, and in Kashmir, from August 4. Here’s the map that shows India’s internet shutdowns, and some key facts.ETtech | December 21, 2019, 15:38 IST