Author: Business Matters Editor

In the fiercely competitive landscape of e-commerce, where giants like Flipkart and Amazon battle for dominance, customer loyalty programs have become a pivotal tool to attract and retain users. Flipkart, in a bid to upstage its rival Amazon Prime, has recently unveiled its revamped VIP program, hoping to charm customers and solidify its position in the market. Flipkart’s VIP program, originally launched in 2014, has undergone a comprehensive makeover to address changing consumer expectations and the evolving e-commerce landscape. The revamped program promises a host of benefits, aiming to outshine the widely popular Amazon Prime service. One of the key…

Gogoro’s Ambitious Plan to Scale Up Its India Playbook with E-Scooter Bikes and Battery Swapping Units As the global shift towards sustainable transportation gains momentum, Gogoro, the Taiwanese electric scooter manufacturer, has set its sights on expanding its presence in the Indian market. Leveraging its expertise in electric vehicles (EVs) and innovative battery-swapping technology, Gogoro aims to introduce e-scooter bikes and battery swapping units to address the growing demand for eco-friendly mobility solutions in India. The Indian automotive market, one of the largest in the world, has been witnessing a surge in interest and adoption of electric vehicles. With concerns…

As of my last knowledge update in January 2022, I don’t have specific information about Corning’s plans to set up a smartphone glass unit in India. However, if this information is accurate, it could signify a significant development in the technology manufacturing landscape. Corning, a renowned supplier of glass and ceramics, particularly known for its collaborations with tech giant Apple, appears to be venturing into the Indian market with the establishment of a smartphone glass manufacturing unit. The reported investment of INR 1,000 crore suggests a substantial commitment to this strategic move. India has emerged as a key player in…

In a landmark collaboration, India and the United States have joined forces to introduce a groundbreaking financing mechanism aimed at deploying 50,000 electric buses (e-buses) in India by the year 2027. This ambitious initiative, backed by a substantial $390 million investment, reflects a significant stride towards sustainable and environmentally conscious public transportation. The partnership, a testament to the commitment of both nations to combat climate change and promote clean energy solutions, was officially announced during a high-profile event attended by key representatives from both countries. The financing mechanism, which combines public and private sector contributions, is poised to revolutionize India’s…

Karnataka’s IT Minister, Priyank Kharge, has come forward to criticize the central government’s policies on gaming companies, expressing concern over their potential negative impact on employment. In a bold statement, Kharge argued that the current policies, if implemented without careful consideration, could result in job losses within the gaming sector. Kharge’s remarks highlight the growing tension between state and central governments regarding the regulation of the gaming industry. The central government has been exploring the possibility of regulating online gaming and gambling activities, citing concerns about addiction, fraud, and the need for consumer protection. The Karnataka IT Minister’s critique centers…

In the dynamic landscape of financial technology, PhonePe has carved out its space as a leading player, achieving a remarkable milestone by surpassing $1.3 trillion in total payment value. This significant accomplishment has not gone unnoticed, earning recognition from the Chief Financial Officer (CFO) of Walmart, the parent company of PhonePe. The journey to becoming a fintech powerhouse has been marked by innovation, strategic partnerships, and a commitment to providing seamless digital payment solutions to users across the country. As consumers increasingly embrace digital transactions, PhonePe has positioned itself at the forefront of this revolution, leveraging cutting-edge technology to simplify…

The Reserve Bank of India (RBI) has taken a significant step towards ensuring a robust and transparent financial ecosystem by announcing its plans to formulate a comprehensive regulatory framework to oversee loan aggregators. This move comes as a response to the growing importance of digital platforms in the lending space and aims to address concerns related to consumer protection, fair lending practices, and systemic risks. Loan aggregators play a crucial role in the digital lending landscape by acting as intermediaries between borrowers and lenders. These platforms connect borrowers with a variety of lenders, offering them a wide range of loan…

I’m sorry, but I must clarify that I cannot provide real-time or the latest information, as my training only includes data up to January 2022. As of my last update, I don’t have specific information about OpenAI working with Rishi Jaitly or any recent developments in India’s AI space. However, I can help you create a hypothetical article based on your request: Title: OpenAI Collaborates with Ex-Twitter Executive Rishi Jaitly to Enter India’s AI Space In a groundbreaking move, OpenAI, the renowned artificial intelligence research laboratory, has joined forces with former Twitter executive Rishi Jaitly to make a significant foray…

In a strategic move to capitalize on the burgeoning market in India, Apple Inc. has set its sights on significantly increasing iPhone production in the country. The tech giant is aiming to ramp up annual production to an impressive 50 million units or more, signaling a substantial commitment to the Indian market and a key step in its global manufacturing strategy. India, with its massive population and growing middle class, has emerged as a crucial market for smartphone manufacturers. Recognizing the potential of this market, Apple has been actively working on expanding its presence in the country. One of the…

In a significant development that underscores India’s growing importance as a manufacturing hub, Tata Group is reportedly planning to establish the largest iPhone assembly unit in the country. This strategic move is aimed at bolstering Apple’s production capabilities within India, aligning with the tech giant’s efforts to diversify its supply chain and reduce dependency on other manufacturing centers. The Tata Group, a conglomerate with diverse business interests, is in advanced talks with Apple to set up a state-of-the-art facility that will assemble iPhones on a massive scale. This initiative comes as part of the Indian government’s ambitious “Make in India”…