Archives
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ELECTRONICS April 17, 2020 Electronics firms resume talks with e-retailers to deliver goods from next week
By: Loknath DasElectronics companies and appliance makers have resumed conversations with third-party online marketplaces to start delivery of mobile phones, laptops, cooling devices next week, after the home ministry paved the way for sales of non-essential goods online. This comes as e-commerce companies now hope to open up inventory across different categories starting 20 April. Several retailers […]
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ELECTRONICS September 14, 2019 Revamped scheme: Ravi Shankar Prasad to meet electronics firm’s bosses
By: Loknath DasCommunications and IT minister Ravi Shankar Prasad. A revamped scheme in which suppliers to an anchor electronics unit are located close to the mother unit is on the cards. The scheme is an extension of the electronic manufacturing clusters (EMC) scheme, which has now been discontinued with no new applications being sought. The government is […]
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ELECTRONICS July 22, 2019 U.S. electronics makers worry sales to Chinese firms could fall more
By: Loknath DasU.S. chip and components manufacturers are nervous about the U.S. trade position with China because many Chinese companies buy and use many billions of dollars of U.S.-made electronics products every year. Simply put, U.S. chipmakers don’t want to lose the enormous Chinese market to sell chips into, analysts said in recent interviews. The lucrative Chinese market […]
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NEWS April 1, 2016 E-commerce firms will have to restructure businesses
By: sristy SahaFashion retailers such as Flipkart’s Myntra are moving to a marketplace model, but currently depend on one seller for most sales. Photo: Bloomberg New Delhi/Bengaluru: A day after the government approved foreign direct investment (FDI) with riders in online marketplaces, law experts said many e-commerce companies will have to rework their already complex corporate structures, […]
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NEWS April 1, 2016 Fidelity marks down start-ups; e-commerce firms to restructure businesses
By: sristy SahaPhoto: Priyanka Parashar/Mint What to watch out for New online marketplace rules fail to halt discounts, for now If you were worried that the new government rules for Internet companies will mean the end of eye-popping discounts on popular online marketplaces, breathe easy, at least for now. E-commerce firms will have to restructure businesses A […]
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NEWS March 16, 2016 Consolidation among consumer Internet firms remains brisk
By: sristy SahaOne of the largest deals to be announced so far this year was online classifieds firm Quikr’s acquisition of real estate listings website CommonFloor. Consolidation in the consumer Internet segment, which picked up in 2015, has continued at a brisk pace in the early months of 2016. Since January, 13 consumer Internet firms have already […]
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NEWS March 11, 2016 E-commerce firms expand their legal teams
By: sristy SahaWeb grocer Grofers, delivery firm Roadrunnr and ride hailing firm Ola are among those putting together legal teams, while Paytm is expanding its existing legal team given the growth in its business. Grofers has millions in its warchest but cannot spend any of it to sell baby foods at a discount as laws prohibit it. […]
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ALL DEALS March 11, 2016 As start-up funding slows, venture capital firms back in the driver’s seat
By: sristy SahaEven some well-funded start-ups are feeling the heat. Last week, grocery delivery start-up Grofers shut operations in nine cities, citing poor demand. Photo: Ramesh Pathania/Mint Venture capital (VC) firms are again wielding strong control over their portfolio companies, as a funding slowdown helps shift power back to the investors after more than a year when […]
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ALL DEALS March 4, 2016 Flipkart to offer its logistics services to third-party e-commerce firms
By: sristy SahaFlipkart is also gearing up to roll out an inter-city customer-to-customer courier service called eFlash in the next two months. Photo: Bloomberg Bengaluru/New Delhi: Flipkart Ltd, the country’s largest online retailer, has thrown open its logistics services eKart to third-party e-commerce firms even as the company is gearing up to roll out an inter-city customer-to-customer […]
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ALL DEALS March 2, 2016 Venture debt firms see pick up in demand as equity deals slow
By: sristy SahaVenture debt firms lend to new economy start-ups which are high-growth companies, asset-light and might have cash burn. Photo: Priyanka Parashar/Mint Mumbai: The slowdown in the availability of equity funding and a downward pressure on valuations in the venture capital ecosystem in the country has emerged as a business opportunity for firms which lend to […]
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ALL DEALS March 1, 2016 Food-tech firms eye institutional orders to increase cash flows
By: sristy SahaYumist piloted institutional sales with 25 companies in Gurgaon in January and has now expanded to South Delhi and Bengaluru. Food-tech start-ups such as Yumist, Bite Club and InnerChef have started serving institutional customers such as Google, Citibank, Snapdeal, Yatra and Oyo Rooms across Delhi, Gurgaon and Bengaluru in an effort to build scale and […]
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ALL DEALS February 25, 2016 Why the US Government and Tech Firms Can’t Agree About Encryption
By: sristy SahaYour phone is getting better and better at protecting your privacy. But Uncle Sam isn’t totally comfortable with that, because it’s also complicating the work of tracking criminals and potential national-security threats. For decades, tech companies have steadily expanded the use of encryption – a data-scrambling technology that shields information from prying eyes, whether it’s […]
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