Tata group getting ready for online grocery debut

India’s leading business conglomerate Tata Group is getting ready for making a debut in the online grocery segment which is believed to be at a nascent stage with immense potential. Bigbasket, Grofers are the leading players in the segment and global online retail giant Amazon has given indications of big ticket foray in the space to expand its wings in India. According to a news report published in a leading national daily recently, Tata Group is all set to launch a pilot project in the next two months before full-fledged venturing…

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Overwhelming response to Google’s Tez

Global internet major Google’s new offering to Indian users has struck a positive chord right at the beginning. Early this week, the company launched Google Tez, a digital payment app which saw over half a million users registering with the app within 24 hours of going live. The app facilitates all kinds of transactions on the Unified Payment Interface (UPI) platform. Speaking to a leading newspaper, Diana Layfield, VP and head of finance and commerce commented, “We are seeing strong adoption. There is a huge market out there. Anyone using cash is…

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Sail supplies 85,000 tonnes of steel for Sardar Sarovar Project

Steel Authority of India Limited (SAIL) has supplied 80 per cent steel required for construction of the Sardar Sarovar Project inaugurated by the Prime Minister Narendra Modi recently.  SAIL supplied around 85,000 tonnes of steel (TMT) for the entire Sardar Sarovar Narmada Nigam Ltd. (SSNNL) project, which comprises all the canals throughout Gujarat, which are connected to Narmada River and Dam. Sardar Sarovar project is the second largest concrete gravity dam (by volume) and has the world’s third largest spillway discharging capacity. The Sardar Sarovar Dam is a gravity dam…

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Ford-Mahindra partnership for electric vehicles

In its bid to find partners for the next gen electric vehicles, global automobile giant Ford Motor has decided to partner with Mahindra and Mahindra which has taken a lead in the segment in the domestic market with its Reva cars. On Monday, Ford and Mahindra announced a strategic alliance to counter challenges posed by fast-changing technology and global competition. Observers believe the new alliance strongly indicates the strong intent of Ford’s new Chief Executive Jim Hackett to place the company in the front league of electric vehicles manufacturing globally…

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Pizza hut eyeing for over 700 outlets

Yum Brands-owned popular pizza chain Pizza Hut India is looking to significantly expand its presence in the country. The company is looking to double its outlets count – over 700 by the end of 2022. This was recently confirmed by a senior company executive to the news agency PTI. “In the long-term, India is one of our most important markets. In the medium term, we plan to double the number of outlets. We currently have 360 restaurants across 100 cities. We will double that to over 700 in the next five years,”…

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CEVA signs contract with Dawsonrentals

In order to further enhance its service offering to customers, CEVA Logistics, one of the world’s largest supply chain management companies, has signed a three year lease with Dawsonrentals|truck & trailer in the UK to provide 120 new vehicles to upgrade its vehicle fleet. Commencing this autumn, CEVA will introduce a series of IVECO Stralis tractor units into its operation to enhance efficiency, produce greater fuel economy and increase focus on sustainability through minimizing the impact of its fleet on the environment. The 44 tonne gross vehicle weight vehicles are…

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It’s raining mobile phones, bikes and cars with Kopiko

Kopiko, India’s leading coffee candy brand, is exciting the nation with its Scratch Karo Aagey Raho offer. Everyone is a winner in this contest that assures buyers exciting prizes to be won every hour, every day and every week while they enjoy their favourite pocket coffee. Besides offering a coffeelicious candy Kopiko is also serving up a sweet deal with this activity. Consumers stand a chance to win Xiaomi Smart phones every hour, a Pulsar bike every day and a Maruti Swift car every week. Making the festivities sweeter, the contest will run till…

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Biyani eyeing to buy out HyperCity

Speculations are rife in the marketplace that Future Group chief Kishore Biyani is keen to buy out grocery retailer HyperCity which has a strong presence particularly in western India. According to a news report recently published in a national daily, both the parties are engaged in a parley to give a finalise the deal. HyperCity profile includes as many as 20 hypermarket stores which would significantly add to the portfolio of Future Group. HyperCity had reported a topline of Rs 1,077 crore in the fiscal 2016-17. “The deal involves Rs…

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Balmer Lawrie to commission its Vizag logistics hub early next year

The state-run diversified firm Balmer Lawrie is likely to commission its multi-modal logistic hub at Vizag in the January-March quarter of the current fiscal, a senior official of the company recently indicated.   “We are setting up multi modal logistics hub (MMLH) project at Vizag in partnership with Visakhapatnam Port Trust (VPT). In this MMLH, facilities will be created for handling Exim (export and import) and domestic cargo. The commissioning of the same is expected in the last quarter of financial year 2017-18,” company’s Chairman and Managing Director Prabal Basu…

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Amdocs launches Smartbot

Amdocs (NASDAQ: DOX), a leading provider of software and services to communications and media companies, is launching Smartbot, an artificial intelligence (AI) and machine learning-based bot that enables digital service providers (DSPs) to provide customer care, sales and marketing engagements to even the most discerning millennial.  Amdocs Smartbot with Microsoft Cognitive Services, specifically Microsoft Language Understanding Intelligent Service and Text Analytics API, provides leading DSPs with the ability to transform how they deliver highly personalized, self-service interactions with customers that are simple, quick and helpful. As an Amdocs commissioned global study that surveyed over 7,000…

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