Walmart is close to launching its membership program, a direct competitor for online retail giant Amazon’s Prime service, Recode reported on Tuesday, citing sources. It says the company plans to launch the subscription service, called Walmart+, later this month and it will cost $98 a year. The membership program will include features like same-day delivery […]
Archives for July 2020
Government wants a level playing field across media with light regulation: I&B secretary
The I&B ministry is working on a “light touch regulatory regime” that will bring all the segments in the media and entertainment industry under one umbrella, allowing for a level playing field and better governance, said a top official. At the annual media conclave ‘FICCI FRAMES 2020’, held through video link, Amit Khare, secretary in […]
Jio Platforms gets Rs 43,574 Crore, completes Facebook deal
Jio Platforms Ltd, a unit of Reliance Industries, received ₹43,574 crore from US social media giant Facebook in exchange for a 9.99% stake, marking the culmination of a deal that was possibly the largest FDI investment in India’s tech landscape. “After receipt of all requisite approvals, Jio Platforms Ltd, a subsidiary of the company, today […]
Covid-19 pandemic will drive adoption of digital payments: PayPal CEO
The coronavirus pandemic will permanently change consumer behaviour in favour of digital in India, as it has done globally, PayPal CEO Dan Schulman told ET’s Ashwin Manikandan in an exclusive interview. Excerpts: How do you anticipate the global and Indian payments landscape emerging in a post-coronavirus world? Prior to the Covid-19 pandemic, we were already […]
Fashion & apparel companies still hurting
Illustration: Rahul Awasthi Hit by the nationwide lockdown, India’s fashion and apparel sector has recovered only 35% of sales compared to January levels, according to data shared by Redseer Consulting exclusively with ET. Fashion sales in January stood at $7 billion, or $85 billion annualised, the report said, adding that the dip was the steepest […]
20 index funds with the biggest net flows of the decade
Index funds with the biggest net flows of the decade reported losses this year as the coronavirus left no segment of the industry unscathed. With nearly $2.8 trillion in combined assets, the 20 U.S. index funds with the biggest net inflows over 10 years through July 1 raked in a combined $949 billion during that […]
Strategies for CPAs to encourage positive changes in diversity
The racial injustice taking place throughout the United States has hit home hard for members of the AICPA National Commission on Diversity and Inclusion, who spend much of their time developing strategies and resources for improving the diversity of the accounting profession. Commission member Elena Richards, minority initiatives and talent management leader in the Office […]
Sharekhan or Zerodha – Stock Brokers Comparison
Sharekhan or Zerodha – Sharekhan is among the leading online stockbroker. Sharekhan offers a wide range of financial products and services including stock broking, mutual funds, IPO, Loan against securities, etc. Sharekhan is a Full-service broker. Sharekhan charges 0.03% intraday brokerage. Sharekhan is famous for its robust products and strong customer relationship. On the other […]
Dr. Marianne Stankiewicz Battista ’56, ’70, a giant of Rider’s accounting program, dies at 85 – News at Rider
Dr. Marianne Stankiewicz Battista ’56, ’70, an associate professor emerita of accounting who helped Rider University’s accounting program gain national visibility, died on June 27. She was 85. She taught accounting at the undergraduate and graduate level for 24 years at Rider until her retirement in the mid-1990s. Since then, she was recognized repeatedly for […]
ETtech Top 5: Edtech’s dealmaking frenzy, TikTok’s suspension & more
India’s burgeoning education technology sector is undergoing a dealmaking frenzy, with a spike in investor interest as companies look to expand to other verticals Unacademy’s latest acquisitionUnacademy has acquired PrepLadder, a platform for postgraduate medical entrance exam preparation, for $50 million in a cash-and-stock deal. This is Unacademy’s fourth acquisition after test preparation platform for […]