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Global IT Outage: Various Indian retailers also hit with glitches

While some companies did face disruptions, others have denied any major hindrances in their operations.New Delhi: From disruptions at store levels to impact on ERP, a host of retailers in India also suffered tech disruptions amid an unprecedented global...

Cost, speed top priority for logistics sector: Last-Mile Trends Report 2024

In last-mile delivery now top priority is cost and speed. The needle has shifted from cost and satisfaction to cost and speedNew Delhi: Cost and speed has now become the top priority of the firms engaged in logistics business...

Parle Products collaborates with IBM to drive digital transformation using cloud and AI

Since its first association with IBM in 2014, Parle has been able to bring operational efficiencies by leveraging the cloud and AI capabilities of IBM ConsultingBengaluru: Indian food processing company Parle Products has expanded its collaboration with tech company...

Delivery work not permanent career choice, gig staffing segment sees half-yearly churn: experts

A Zinnov and Microsoft study in March noted that gig workers will play an instrumental role in India's USD 5 trillion economy, with the current 77 lakh gig workforce set to triple to 2.3 crore by 2030, generating USD...

MensXP launches online men’s lifestyle shopping festival featuring over 250 leading brands

To kick off the festive season in style, the country’s largest lifestyle platform, MensXP is all set to launch the first edition of its week-long festival shopping extravaganza, the MensXP Newhood Shopping Festival starting October 14, 2020. The festival is...

AI, sustainable practices to propel fashion retail in new decade

The Indian fashion retail industry has undergone radical changes in the past decade with technology, social media, artificial intelligence and digital commerce finding increasing usage among the consumers across demographics in the country. As the Indian consumer and retailer...

H&M introduces interactive mirrors in US stores

Swedish clothing brand H&M has introduced an interactive mirror with speech and face recognition features that kicks into gear automatically as a customer walks up to it. It has been developed by Microsoft.The mirror is programmed to take selfies...

Indian e-commerce market sees M&A deals worth US $2.1 bn in 2017

As much as US $2.1 billion worth of M&A (merger and acquisition) transactions were inked in 2017 in the booming Indian e-commerce industry, which may soon witness its largest-ever deal - the proposed Flipkart-Walmart nuptial.According to a PTI report:...

Zara founder Amancio Ortega beats Bill Gates to become world's richest man

Amancio Ortega, co-founder of Spanish retailing giant Inditex, is now the richest person on the planet, with a US $200 million edge over previous leader Bill Gates, Forbes reported. Ortega, 81, founder of Zara parent Inditex S.A. and Europe’s wealthiest...

Flipkart, Microsoft forge cloud partnership to expand e-commerce in India

Microsoft and Flipkart - one of India’s leading marketplaces -  announced a strategic partnership on Monday to provide consumers in India with the best online shopping service. As a first step in the broad collaboration between the two companies, Flipkart will...
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Twenty1 Foodcourt’s first outlet in Raipur to open on Saturday

The first food court, which will be in Colors Mall, Pachpedi Naka, Raipur, will open on 27 July New Delhi:...
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