Chennai Angels invests Rs 2.22 cr in Bumberry

The Chennai Angels (TCA), one of India’s foremost angel investment groups, today announced an investment of Rs 2.22 crores in Bumberry, a pioneer in the cloth diapering space. Continue Reading

Retail, race & reality

Would you believe it – if I say the vending machine background is more than 2000 years? Yes, Hero of Alexandria in Roman Egypt is said to have developed a mechanical lever that dispensed holy water after receiving a coin. Continue Reading

India can emerge as key player in global supply chain: Nooyi

India can become a key player in the global supply chain in the post-Covid era but it has to carefully think through what its place would be and take control of its destiny in terms of critical items, else it could be left holding at the negative end of the whole supply chain, former Chairman and CEO of PepsiCo, Indra Nooyi has said. Continue Reading

Is Centre looking to revise FDI rules in e-commerce?

The Centre is considering revising the foreign investment rules for e-commerce, three sources and a government spokesman said, a move that could compel players, including Amazon.com Inc, to restructure their ties with some major sellers. Continue Reading

Govt directs ED, RBI to act against Amazon

In a significant development related to war between e-commerce giants and traders of India, the Union Government has directed the Enforcement Directorate and Reserve Bank of India to take necessary action against Amazon and Walmart-owned-Flipkart. Continue Reading

Prione wins CII Customer Engagement Award

Prione Business Services Pvt. Ltd. a joint venture between Catamaran and Amazon, won the Recognition for Active Customer Engagement at the ‘Confederation of Indian Industry (CII) Award for Customer Obsession, 2020’ ceremony. Continue Reading