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UST BlueConch wins Privacy Leader of the Year award
... Best Security Practices in the IT ITES sector. I am humbled to receive the Privacy Leader of the Year award. Anil Lole, Head of Information Security and Data Privacy Officer... ... products and platforms across the industry, including healthcare, hospitality, logistics, retail, fintech, and technology. BlueConch's team of over 1200 highly skilled technology... ... our clients' organizations - delivering measurable value and lasting change across industries and around the world. We build for a boundless impact with over 28,000 employees...
Updated: 01/12/2022
Bank of America to eliminate overdraft fees
... toward reining in overdraft-fee revenues. This is the final step in the journey we've been on, said Holly O Neill, president of retail banking at BofA, in an interview. Consumer groups and politicians applauded the measure, especially with Bank of America ... ... dollars staying in customers' accounts instead of going toward fees. It remains to be seen whether the decision by BofA - a leader in the retail banking industry, to cut overdraft fees will pressure other banks to take similar measures. Banks are going ...
Updated: 01/12/2022
Japan firms buck deflation trend, raise prices
... Sekine, executive director of the Food Marketing Research and Information Center, said retailers generally allow food suppliers to hike prices only when the cost of raw materials... ... other businesses say they are careful about the size of their increases. Nippon Paper Industries Co Ltd, which accounts for around 40% of the domestic paper market excluding... ... spokesperson Tetsuo Egawa, the increase is limiting to products where it is a market leader, such as the gable-top cartons used by milk producers. It's hard for a company...
Updated: 01/11/2022
Amazon, Future in legal standoff over Indian retail assets
... Reliance Industries. NEW DELHI, Jan 11, Reuters - For more than a year, Amazon.com Inc and India 's Future Group have been locked in a complex legal standoff that has stalled Future's $3.4 billion sale of assets to the U.S. firm's rival Reliance Industries . Here's what the dispute is about, which is a key to deciding who gets an upper hand in one of the world's fastest-growing retail markets https: reut.rs 2 OYLmMV. In 2019, Amazon and Future, the number two player behind market leader Reliance, became business partners when the U.S. company invested $200 million in a gift voucher unit of the Indian group. The deal, Amazon argues, came with certain non-compete clauses that prevented Future from selling retail assets to certain ...
Updated: 01/11/2022
IIBS 2021 kicks off with industry leaders
New Delhi, India January 10, ANI SRV The 2nd edition of the India International Brand Summit 2021 brought together industry leaders and advertising enthusiasts to share insights and engage in discussions on themes designed to address current market realities.... ... drive through small content creators is a long way. The panel was moderated by Denny Joseph Business Director, Magnon eg, The Retail Revolution: Digital Natives Vs. Adopters, Ankit Dhingra Head of Marketing-Mobiles TVs, Amazon Tony McDermott Director-Marketing,...
Updated: 01/10/2022
Adani Group sets up subsidiary to produce green hydrogen
... modules, batteries, electrolyzers, associated upstream manufacturing and ancillary industries, and will undertake all of the activities associated therewith in this regard... ... Adani Transmission Ltd, ATL India 's largest private sector power transmission and retail distribution company, is looking to increase the share of renewable power procurement... ... that the combination of renewable capacity and the size of our investment makes us the leader among all global companies in the effort to produce cheap green electricity and...
Updated: 01/09/2022
India regulator suspends Amazon.com deal with Future
... Indian market leader. The suspension has jolted Amazon as it led to a halt to the arbitration proceedings between the two sides in a long-running commercial dispute. Amazon has long argued that Future violated the terms of its 2019 deal in order to sell retail assets to market leader Reliance Industries , and the U.S. company's position has so far been backed by the Singapore Arbitrator and Indian courts. Future denies any wrongdoing. The Competition Commission of India CCI suspended the deal last month, saying Amazon suppressed information ...
Updated: 01/09/2022
Reliance Retail joins forces with Dunzo in e-commerce push
... Retail Ventures Limited Reliance Retail with participation from Lightbox, Lightrock, 3 L Capital and Alteria Capital. Reliance Retail will own a 25.8 per cent stake on a fully diluted basis, with an investment of $200 million. According to an exchange filing by Reliance Industries Limited, the capital will be used to further Dunzo 's vision to be the largest quick commerce business in the country,... ... expanding its B 2 B business vertical to enable logistics for local merchants in Indian cities. Dunzo has established itself as the leader in the quick commerce category in India , which has an addressable market opportunity of US $50 billion. Dunzo is currently ...
Updated: 01/06/2022
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