Illustration: Rahul Awasthi Reliance Jio’s online shopping portal, JioMart, is now open for orders in 200 cities including all metros and places such as Mysuru, Visakhapatnam, Coimbatore, Dehradun and Bhatinda. The wide launch of the service comes after the company began testing its home delivery service in Navi Mumbai, Thane and Kalyan in late April, […]
Snapdeal furloughs 50-55 employees even as demand picks up for the online retailer
Online marketplace Snapdeal has put at least 55 people, or about 7% of its full-time workforce, on a three-month furlough, according to multiple people aware of the development. The e-commerce firm has 750 staff on its payroll while another 800 of workers are on contract. A Snapdeal spokesperson confirmed the development without offering any details. […]
FMCG sales drop 34% in April; e-commerce, cash & carry show recovery in lockdown 2.0: Nielsen
The FMCG industry witnessed a sharp 34 per cent drop in sales in April due to mobility restrictions and supply side challenges during the lockdown, after registering single-digit growth in the first quarter, according to market insights firm Nielsen. The decline was mainly on account of lower sales in traditional retail channels such as grocers, […]
BMC to use app cabs’ technology to cut waiting time for ambulances
In order to reduce waiting time of patients for ambulances, the BMC has decided to make use of the technology platform of app cabs so that it can track the movement of government ambulances real-time and despatch them quickly where they are needed. Civic officials said operators of app-based cabs would provide the BMC with […]
Finally, home delivery of liquor gets BMC nod
The BMC on Friday finally issued orders allowing home delivery of liquor during the lockdown; across-the-counter sale remains barred. Deliveries will not be allowed in containment zones, or areas where a Covid-19 patient or his high-risk contacts live. While the order permits shops to operate from Friday midnight, a retail liquor vendors’ association said its […]
Cyber criminals leak personal data of 2.9 cr Indians on dark web for free
Representative Image Cyber criminals have posted personal data of 2.9 crore job-seeking Indians on dark web for free in one of the hacking forums, according to online intelligence firm Cyble. The company had recently revealed hacking of Facebook and Sequoia-funded Indian education technology firm Unacademy. “29.1 million Indian jobseekers’ personal details leaked in deepweb for […]
After FDI curbs, India plans stricter check on FPIs from China and HK
India is considering additional checks on foreign portfolio investments from China and Hong Kong after making prior government clearance mandatory for any foreign direct investment (FDI) from seven countries it shares land borders with, including China. The finance ministry is in talks with the commerce and industry ministry, Sebi and RBI on the proposed framework […]
New items in cart: Guitars and Robot Vacuums
Illustration: Rahul Awasthi Middle class and upper middle class Indians are not only buying less than before, they are also buying very different items — guitars and weights, e-readers and children’s books, and robotic vacuum cleaners and super mops are filling up online shopping carts. Buying patterns are largely getting dictated by life’s travails under […]
Amazon all fired up, to hire 50,000 temp staff
Amazon will hire nearly 50,000 temporary workers to cope with surging demand from online shoppers for both essential and non-essential products, as India eases nationwide restrictions announced in March to curtail the Covid-19 pandemic. These temporary associates will work alongside the existing supply chain staff at the online marketplace helping to pick, pack, ship and […]
Restaurants to steer towards delivery & takeaway model in post Covid-19 era
Digital delivery and pre-order takeaway will gain prime focus of restaurants in post Covid-19 era to stay financially viable amid strict social distancing norms, said leading hospitality firms such as Massive Restaurants, Jubilant Foodworks, Wow! Momo Foods and Chaayos at a webinar hosted by Retailers Association of India (RAI) on the future of food business. […]