Trends
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Opportunity India Desk Jun 14, 2022 - 4 min readThe recent COVID-19 pandemic saw the global digital dependency rise to unprecedented heights, thereby fundamentally changing consumer behavior. This means a more significant percentage of consumers started working, learning, playing, and shopping online. The metaverse is a virtual place that is real-time, realistic, and – in many circumstances – interconnected, where one can undertake any ...
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Opportunity India Desk Jun 13, 2022 - 3 min readThe National Company Law Appellate Tribunal (NCLAT) on Monday rejected Amazon's plea challenging the decision of fair trade regulator Competition Commission of India (CCI) to suspend the approval for the e-commerce major’s deal with Future Coupons. It also slapped a fine of INR 200 crore to Amazon for non-disclosure of relevant information on combinations under ...
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Opportunity India Desk Jun 13, 2022 - 3 min readMaruti Suzuki India or MSI, which holds the honor of being India’s largest automobile manufacturer, has shipped over 2.33 lac units with the help of India Railways in the last financial year. This is said to be the highest ever dispatch in a single financial year so far, from starting the initiative of sending units ...
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Opportunity India Desk Jun 13, 2022 - 3 min readThe crypto market touched a new low on Monday as the major tokens were trading with large cuts in the backdrop of rising inflation. Bitcoin is trading at contraction of 7.92 per cent at USD 27,071.05 while Ethereum slumped to USD 1,400. The crypto behemoths were trading near 18-month lows leaving the global market cap ...
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Opportunity India Desk Jun 09, 2022 - 6 min readThe Reserve Bank of India on June 8 doubled the amount of loans that urban cooperative banks (UCBs) can issue for housing. The revision is done in order to factor in the rise in house prices. It has also been decided to permit UCBs to extend doorstep banking services to their customers. This will enable ...
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Opportunity India Desk Jun 07, 2022 - 3 min readIn an effort to galvanise States and UTs to work towards ensuring safe food for citizens, Union Minister for Health and Family Welfare Mansukh Mandaviya on Tuesday released Food Safety and Standards Authority of India (FSSAI)’s 4th State Food Safety Index (SFSI) to measure the performance of States across five parameters of food safety. SFSI ...
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Opportunity India Desk Jun 07, 2022 - 3 min readAs a result of sustained focus on customer relationships, distribution network, Tata Steels has recorded the highest ever consolidated EBITDA of INR 63,830 crore, a growth of 107 per cent, translating into an EBITDA per tonne of INR 21,626 and a healthy EBITDA margin of 26 per cent, the company said in its annual report. “FY ...
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Opportunity India Desk Jun 07, 2022 - 3 min readEmpowering over three lakh artisans and weavers, Amazon India has launched Panthoibi Emporium on its marketplace under its Amazon Karigar programme. The company has signed a Memorandum of Understanding (MoU) with Manipur Handloom and Handicrafts Development Corporation Limited (MHHDCL) to support the artisans across the state. This initiative is driven by the intent to encourage ...
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Opportunity India Desk Jun 07, 2022 - 3 min readThe National Health Authority (NHA) under its flagship scheme of Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY) on June 6, 2022 announced the release of its newly revamped and dynamic public dashboard that provides a granular view of PM-JAY scheme implementation data in a comprehensive manner. The newly updated dashboard provides detailed information ...
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Opportunity India Desk Jun 07, 2022 - 3 min readRatan Tata-backed BlueStone -- an omnichannel fine Jewellery destination has expanded its offline presence by opening four new stores in Delhi-NCR, taking the total number of retail outlets to 18 in this region. The newly opened outlets are located at some of the most prominent locations, and malls of the city, which are, East ...