India’s eB2B market is expected to cross $60 billion in 2025, an ambitious growth from a small base of $1.7 billion as on March 31, 2019, as per a report released by Redseer, an Internet and new age advisory firm.Though e-commerce, mostly in the B2C segment, had taken off in the country in a big way, the eB2B sector experienced slow growth as credit facility wasn’t available for online deals. However, this scenario may slowly change as credit is increasingly being made available for online transactions, said the firm.As per the Redseer report titled “Unlocking the Indian eB2B Retail Opportunity,” the $60 billion eB2B opportunity includes some of the new age B2B retail business models such as Udaan, ShopX and Jumbotail that are trying to resolve traditional retail value chain challenges through technology led innovation.Abhishek Chauhan, associate partner at RedSeer, said, “With higher capital efficiency and faster speed of growth as compared to eB2C … [Read more...] about India’s eB2B market may cross $60 bn
Ingevity credit facility
It wasn’t an official campaign event, but it might as well have beengot a tour of the small factory that’s assembling Apple’s Mac Pro computers. This is the same factory that’s been churning out that model since 2013, but that fact apparently didn’t seem to matter to the president. Right after the visit, Trump took credit for opening the factory and took a swipe at Democrats. Apple hasn’t said a word about the truth. Taking credit for things he didn’t do is not a new hobby for the president. Neither is lying, in general. There were actually two lies in Trump’s tweet about the Apple factory: Advertisement Nancy Pelosi did not, in fact, close Congress on Wednesday, although Trump might be making a sideways reference to the historic, attention-grabbing impeachment inquiry happening right now in the House. But that line about the Apple plant is very clearly false. Operated by Flextronics America—Flex for short—the Austin … [Read more...] about Why Did Apple Just Host a Campaign Event for Trump in Texas?
Kingsley Ben-Adir and Brit Marling in The OA Part II. Photo: Nicola Goode/Netflix Remember The OA, that Netflix spiritual thriller that polarized audiences when it debuted back in December of 2016? It’s the series that Brit Marling and Zal Batmanglij co-created about a once-blind woman (Marling) who returned, with her sight regained, to her Michigan hometown after being missing for seven years, then retold the story of her imprisonment and near-death experiences to a group of high schoolers and an algebra teacher. Calling herself the OA, or the Original Angel, she taught them “the Movements,” a series of choreographed physical poses that, eventually, the teens and their teacher did together to save themselves and others from a school shooter. The vibe of the show was so odd and mystical, and it landed on Netflix so long ago — we were so much lighter, so much more naïve — that it may seem like a dream you had rather than a season of television you … [Read more...] about Is a Glorious, Ridiculous Mind-bender
New Delhi: Markets regulator Sebi on Thursday asked listed companies to disclose any loan default within 24 hours of any failure to repay principal or interest amount to banks or financial institutions beyond 30 days. The decision is aimed at addressing the gaps in the availability of information to investors, the Securities and Exchange Board of India (Sebi) said in a circular. The move comes just a day after the board of Sebi approved a decision in this regard. "To begin with, listed entities shall make disclosure of any default on loans, including revolving facilities like cash credit, from banks / financial institutions which continues beyond 30 days. Such disclosure shall be made promptly, but not later than 24 hours from the 30th day of such default," the regulator said. In case of unlisted debt securities such as Non-Convertible Debentures (NCDs) and Non-Convertible Redeemable Preference Shares (NCRPS), the disclosure shall be made within 24 hours from the occurrence of the … [Read more...] about Sebi tightens disclosure norms on loan defaults for listed companies
New Delhi: After state-run news channel Doordarshan announced that 2,500 petrol pumps would dispense Rs 2,000 cash per person per day in order to end the ongoing hustle in the banks and ATMs, the petrol pump owners have blatantly refused to any such information saying, "they have not been informed". The tweet from state-run Doordarshan came out on Thursday. "Cash to be dispensed at 2,500 petrol pumps; Cash to be given by swiping of debit/credit card via POS (Point of Sale) machine," @DDNewsLive tweeted. Govt: Cash to be dispensed at 2500 petrol pumps; Cash to be given by swiping of debit/credit card via POS machine pic.twitter.com/Rw5ccwK9K0 — Doordarshan News (@DDNewsLive) November 17, 2016 "Rs 2,000 per person per day in cash can be dispensed. Facility to be extended to over 20,000 petrol pumps," the tweet said. Rs. 2000 per person per day in cash can be dispensed.Facility to be extended to over 20,000 petrol pumps — Doordarshan News (@DDNewsLive) … [Read more...] about Demonetisation: Petrol pump owners refuse to provide cash