The recent few months were quite struggling for the Indian automobile industry where it faced a consecutive decline for 10 months in automobile sales. The drop was recorded by nearly 31% for the sales of passenger vehicles in August 2019, which was a huge fall observed in the automobile sector (even claimed to be one […]
Category Archives: Business
25
Sep
Sep
One of the oldest British tour company, Thomas Cook that lasted for 178 years until recently when it collapsed after it failed to secure the rescue funding. The collapse took place on 23 September 2019, Monday which led to the stranding of nearly 150,000 British customers. Due to the mishap, the further planned travel bookings […]
23
Sep
Sep
Amazon’s fleet is electrifying! The company is thrilled to announce the largest order of electric delivery vehicles in the history. The company ordered 10,000 electric delivery vehicles on 19 September 2019 from Rivian, an electric-vehicle startup that is focusing on trucks and SUVs. This order is a part of Climate Pledge of the Amazon which […]
23
Sep
Sep
The current turmoil for the Indian economy where it is facing a substantial slowdown, took a sigh of relief when the Indian Finance Minister, Nirmala Sitharaman made a declaration regarding the reduction of the corporate tax rate. The reformation was announced on Friday, 20 September 2019 under which the basic corporate tax rate, which earlier […]
20
Sep
Sep
In India, EV sales are at the nascent stage and government want it to push it with a large force to fight with the pollution and to curb the fuel-bill as well. However, one of the setbacks which the country can face with the adoption of the EV is limited charger stations. As per the […]
19
Sep
Sep
Amazon India is gearing up for the imminent e-commerce clash with the Indian conglomerate Reliance Industries Limited (RIL) by adding its own set of provision stores. Amazon fresh forayed into metro cities of India such as Mumbai, Delhi, Bangalore, Pune, Kolkata and Chennai. Amazon plans smaller acquisitions, signing up thousands of stores to sell products […]
19
Sep
Sep
Amidst of the several major issues, the global economy is facing- be it the US and China trade war or the recession phase of a few developing economies like India; the recent phenomenal attack on Saudi Arabia deemed as ‘act of war’ has definitely taken the world to a shock. The last Saturday will remain […]
The past few years have been no less than a roller coaster ride for the aspiring Indian startup- Zomato. Be it the controversy of dine-in restaurants logging off from the company or the successful listing of the giant in the unicorn club, way back in 2015; the company has gone through a lot of negative […]
If you keep even a bit of interest in music, you might have heard of the term ’streaming’. Streaming was the major savior of the music industry back in 2016, and since then, the industry witnessed a continuous growth in revenue, thanks to services like Spotify and Apple Music. It’s a fact that streaming has […]
05
Aug
Aug
No movement, no assembly, no mobile internet- India Lockdown Kashmir and put leaders under house arrest. Kashmir – The India-administered region is always a major area of discussion worldwide. Now, the recent drastic action of India government has given another topic to the world for discussion on this region. According to a report, India has […]
25
Jun
Jun
The aim of this partnership is to promote digital prepaid card targeted at Southeast Asia’s 430 million unbanked and underserved population. Razer, the Singapore-based company best known for its gaming laptops and peripherals, announced a partnership with Visa to develop a Visa prepaid solution. The service, which allows unbanked users to top up and cash […]