B2B E COMMERCE
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Only 57% B.E. & B.Tech. graduates employable in automotive industry: Report
A study by the Society of Indian Automobile Manufacturers (SIAM) reveals that only 57.44% of B.E. and B.Tech. graduates in India are employable in the automotive industry, highlighting the need for curriculum revisions in colleges. The "SIAM EV Talent Landscape in India" report indicates a 38% faculty shortfall in top engineering institutes, as skilled EV educators prefer industry jobs.
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Financial audit, top-deck rejig at Medikabazaar; GCCs woo more techies
A financial audit and top-level reshuffle are in the works at business-to-business (B2B) startup for medical supplies Medikabazaar. Details on this and more in today’s ETtech Morning Dispatch.
![Centriti raises Rs 6 crore in funding round led by Emergent India Ventures](https://img.etimg.com/thumb/msid-111585046,width-100,height-75,resizemode-4/tech/funding/centriti-raises-rs-6-crore-in-funding-round-led-by-emergent-india-ventures.jpg)
Centriti raises Rs 6 crore in funding round led by Emergent India Ventures
The B2B e-procurement platform works with 120 hotels and restaurants, including Taj Hotels, Oberoi Hotels, Accor Group, Barbeque Nation, and Chai Point in Delhi, Bengaluru, and Jaipur. It plans to expand to Goa, Hyderabad, Kochi, and Chennai in the next couple of years.
![Nykaa expects consolidated revenue to rise 22-23% in April-June quarter](https://img.etimg.com/thumb/msid-111564894,width-100,height-75,resizemode-4/tech/startups/nykaa-expects-consolidated-revenue-to-rise-22-23-in-april-june-quarter.jpg)
Nykaa expects consolidated revenue to rise 22-23% in April-June quarter
In a BSE filing on its quarterly revenue update for the April-June quarter of FY25, Nykaa said for the consolidated entity, the GMV (Gross Merchandise Value) growth for the quarter is seen to be in the mid-20s year-on-year.
![15 places to buy Amazon liquidation pallets in the USA](https://img.etimg.com/thumb/msid-111490351,width-100,height-75,resizemode-4/industry/services/retail/15-places-to-buy-amazon-liquidation-pallets-in-the-usa.jpg)
15 places to buy Amazon liquidation pallets in the USA
Discover reputable companies offering Amazon liquidation pallets with a wide range of products at competitive rates. From electronics to household essentials, these top 15 companies provide quality goods for wholesalers, retailers, and bargain hunters.
![Best ‘Today's Deals’ on Mobile Phones on Amazon (2024)](https://img.etimg.com/thumb/msid-110725108,width-100,height-75,resizemode-4/top-trending-products/news/best-todays-deals-on-mobile-phones-on-amazon-2024.jpg)
Best ‘Today's Deals’ on Mobile Phones on Amazon (2024)
Are you looking for a mobile phone at the lowest price possible today? If so, then continue reading this article where we have curated a list of the best deals available on Amazon on its Today’s Deals portal on smartphones. From excellent display features to powerful battery backup, everything you need is covered here.
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HUL elevates Arun Neelakantan to the role of exec director, customer development
Hindustan Unilever Limited (HUL) has appointed Arun Neelakantan as the new executive director, customer development, effective July 1st, 2024. Neelakantan, who started his career in 2006 as Key Account Manager in Modern Trade, has a strong track record in customer development and marketing. He has led large teams and changed agendas across various trades and channels.
From phones to fries: Flipkart users may soon be able to order food via ONDC
Flipkart users may soon be able to order from various fast-food outlets and restaurants, such as Dominos and McDonalds, from Flipkart app. This development is noteworthy because the government started ONDC to counter the dominance of Amazon and Flipkart. Recently several top Flipkart executives met ONDC officials for the integration.
Adani One superapp clocked gross sales of Rs 750 crore in FY24
According to the 2023-24 annual report of the Ahmedabad-based conglomerate's flagship company Adani Enterprises, the user base of the superapp grew to 30 million at the end of the financial year. The company aims to expand the superapp's customer base to 400 million by 2030. Adani group is also in discussions with Paytm for potentially acquiring a stake in the fintech firm.
Airtel's $100b market capitalisation reflects a stable economy under a solid leader: Sunil Mittal
Sunil Bharti Mittal, Chairman of Bharti Enterprises, emphasized that Airtel's resurgence post the challenges posed by Reliance Jio's entry and the AGR ruling showcased India's stable economy and supportive policies under strong leadership. Reflecting on Airtel's path to the $100-billion milestone, Mittal highlighted the company's resilience amidst industry disruptions. He noted that Airtel's achievement as the first-generation Indian company to reach this milestone was significant, especially considering the competitive landscape.
Is it a good idea for laid off H-1B workers to switch to a US tourist visa, and back again?
When laid-off H-1B workers consider transitioning to B-1/B-2 visitor status for job searching, they gain valuable time and a streamlined process back to H-1B, endorsed by USCIS. This strategic move offers a safety net and opportunity for a successful career transition in the U.S.
Nykaa’s Q4 revenue rises 28% to Rs 1,667 crore
The operating revenue growth was led by a 24% increase in the core business, beauty and personal care (BPC), to Rs 1,388 crore during the quarter. For the full financial year, BPC saw a 20% year-on-year increase to Rs 5,385 crore.
Nykaa Q4 Results: Profit zooms 187% YoY to Rs 6.9 crore; revenue rises 28%
Nykaa Q4 Results: The consolidated net profit stood at Rs 2.4 crore in the last-year period. The company's board has approved an investment of Rs 20 crore in FSN International, a wholly-owned subsidiary, on a rights basis.
Apple iPad Air (M2) in 11” and 13” specifications and price - Innovation in your hands
The Apple iPad Air (M2) sets a new standard for portable computing with its innovative design and powerful performance. Available in 11” and 13” sizes, these tablets boast impressive specifications catering to a wide range of users, from professionals to casual enthusiasts. With a focus on delivering exceptional value, Apple combines top-tier features with competitive pricing, making the iPad Air (M2) a compelling choice in the tablet market.
Ankush Aggarwal returns to Ola Cabs; declining H-1B visas for IT staff
Happy Tuesday! Ola Cabs founder Bhavish Aggarwal’s brother Ankush is back at the ride-hailing business. More on this in today’s ETtech Morning Dispatch.
India's coal import rises 8% to 268 MT in FY24
India's coal import surged by 7.7% to 268.24 MT in FY24, driven by lower seaborne prices and anticipated rise in power demand during summer. March FY24 saw an increase to 23.96 MT. Non-coking coal import was 15.33 MT, while coking coal import stood at 5.34 MT. Domestic coal production in FY24 grew by 11.65% to 997.25 MT.
Dealing with income tax notices, intimations or letters? This new feature in ITR portal will make your life easier
Income tax e-filing ITR portal: Two new changes were made specifically on the e-Proceedings tab of the e-filing ITR portal. The e-Proceedings tab houses all income tax notice, intimations and letters issued by the income tax department. With these changes implemented in the e-filing portal, taxpayers who have multiple tax proceedings would benefit.
Rockingdeals Circular Economy set to expand its footprint in Northeast India with new warehouse in Guwahati
Spread over 10,000 sq. ft., the warehouse reflects the company's commitment to cater to the burgeoning demand for affordable and genuine products in the region. With this addition, the company's overall warehouse capacity now stands at 60,000 sq. ft., significantly bolstering its operational capabilities and ensuring efficient service to customers across the country. Currently, RDCEL operates three warehouses in Faridabad.
Govt sets coal production target of 170 million tonnes for FY25
According to an official, additional secretary, coal, M Nagaraju this week reviewed the coal production targets for FY25. Representatives of 74 coal mines were present in the review meeting.
Dehaat joins B2B agrifood companies in launching consumer brand
This development comes when venture capital-backed agriculture technology startups are struggling to scale margins on mainstay business and have pared workforces to cut costs.
Top 10 Electric Toothbrushes for Superior Oral Care in the UAE
Discover the best electric toothbrushes for superior oral care in the UAE. From advanced sonic technology to customizable brushing modes, these toothbrushes offer thorough cleaning, plaque removal, and gum care for a healthier smile. Explore advanced features, user reviews, and expert insights to find the perfect toothbrush for a healthier smile.
How Online Dispute Resolution can elevate conflict redressal for B2C start-ups
Omnichannel fulfilment challenges in B2C start-ups and the potential ways to curb them through online dispute resolution can assist consumers while also remaining compliant with the company’s internal regulatory environment.
B2B ecommerce firm Jumbotail raises Rs 151 crore in funding
Jumbotail will use the funds raised to scale up its “Go-To-Market products and services for new and emerging brands,” it said in a statement without elaborating.
Moglix plans to recruit 500 new professionals in 18 months
The B2B ecommerce platform ramps up hiring efforts across key business verticals as part of its expansion strategy
JEE Mains 2024: NTA releases advance city intimation slip for Paper 1; Here's how to download
NTA has released the advance city intimation slip for JEE Mains 2024 Paper 1. It can be accessed from the main website. The slip discloses exam city details for sessions on January 27, 29, 30, 31, and February 1, 2024. With a user-friendly process, candidates can swiftly download the slip, offering an early peek into exam logistics. Notably, NTA's proactive disclosure aids candidates ahead of admit card release, showcasing commitment to a seamless examination experience. Support for any issues is available at 011-40759000 or [email protected].
No e-way bill sans e-invoice details from March 1
According to NIC, the move was initiated after many cases surfaced where the invoice details entered separately under e-way bill and e-invoice were not matching with respect to certain parameters.
India a focus market for us; e-commerce, B2B services propelling growth, says Payoneer’s Gaurav Shisodia
For a small exporter, overseas transactions are tough and expensive. Payoneer says its solutions can simplify the process.
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