This Diwali, quick commerce comes bearing gifts; platforms partner FMCG brands for special packs, offers,
Quick commerce companies are collaborating with FMCG brands like Parle, Mondelez, and ITC for the festive season. They are aiming to boost inventory levels by 60% and offer special packs and promotions on chocolates, sweets, dry fruits, and cookies. The platforms are also partnering with consumer electronics companies for kitchen appliances and personal care products. Key Points
Economic TimesThe 10-minute challenge: Quick-commerce becomes the villain for neighbourhood kirana stores
Quick commerce companies now make up 40-50% of all e-commerce sales of FMCG firms and they pose an existential threat to both neighbourhood kirana stores as well as big e-comm players. Heres what makes them tick. Key Points
Economic TimesPlan your Long Weekends in 2024 now with this itinerary
Here’s a quick guide to where to go and what to do within India. And the visa-free international destinations that you can add to your long weekend itinerary. | Travel Key Points
Hindustan TimesBlinkit quarterly contribution margin turns positive first time ever
For Blinkit, contribution counts as revenue minus costs like store operation expenses, delivery costs, wastage and packaging costs, among other things. The firm retained its earlier guidance of breaking even in the quick commerce business by the first quarter of FY25. Key Points
Economic TimesHow dark stores are powering quick commerce's rise
At the heart of the ‘quick behind this new form of commerce are these micro warehouses that have mushroomed all over urban commercial centres. Operated by players such as Zomatos Blinkit, Zepto, Swiggy Instamart and Bigbaskets BB Now, they house a limited number of high-frequency use products. Key Points
Economic Times
Samsung One UI 6.0: New features, enhanced design, improved performance and more
Samsung unveils One UI 6.0, featuring a range of enhancements for its smartphones and tablets, including a revamped layout, improved performance, and new features. Key Points
mint5 lazy girl lunch ideas that are quick, tasty, help with fat loss
These lazy girl lunch ideas are packed with protein and fiber to help you build muscle while losing fat. Plus the recipes are quick and delicious. Key Points
InsiderHoliday and party time; QSR stocks can deliver over 56 % returns, say analysts
We take a look at quick restaurant space ( QSR ) except the two stocks which would come on top of your mind. Jubilant Food Works and Westlife. These are other 4 companies which have got listed in the last few years and have been getting analyst attention. But there is a dichotomy, while scores are not so good, expected price performance is reasonably good. The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list. Key Points
Economic TimesZepto in talks for $300 million raise at $2.5-3 billion valuation
Zepto eyes $300 million fundraise for $2.5-3 billion valuation, targeting Ebitda positivity with $1.2 billion sales. Blinkit's GMV surpasses $1 billion; Zomato holds $1.5 billion cash; Swiggy prepares for IPO. Key Points
Economic TimesThis WhatsApp feature will let you respond quickly to status updates in future
This feature is designed to provide both channel owners and followers valuable insights into the reach and engagement of the content. Meta-owned WhatsApp... Key Points
The Tribune India
quick Style dances to Leke Pahla Pahla Pyar in Mumbai local
Norwegian dance group quick Style is touring in India. Recently, they were seen performing in Mumbai Local train. Watch their performance inside. | Trending Key Points
Hindustan Timesquick Style dances to Atif Aslam, Shreya Ghoshal’s Tere Liye
Norway dance group quick Style has shared yet another video of them dancing to a hit Bollywood track in Mumbai. Expectedly, it has gone viral. | Trending Key Points
Hindustan TimesSuniel Shetty and quick Style dance on Aankhon Mein Base Ho Tum; Ahan Shetty says ‘Love this papa’
The dance group quick Style had become an internet sensation after their performance on the Bollywood chartbuster "Kaala Chashma" became viral. The group is currently in India. Key Points
The Indian ExpressHere's What Silicon Valley Bank Collapse Did To The Indian Startup Ecosystem
Fintech firms have introduced quick funding options and ways of funnelling cash out of the U.S. and diversifying banking partners. Key Points
BQ PrimeNothing Phone 3 details leak, CEO hints Action button coming
Nothing CEO Carl Pei teases the phone of quick Settings. These images are speculated to be of the next in line, Nothing Phone 3. While Pei showcased the design of the quick Settings menu, the netizens noticed buttons provided on the edge of the smartphone. Key Points
India Today
Flipkart eyes quick-commerce entry; No point Googling ‘swadeshi’
Flipkart has been working to cut down the timeline of its deliveries across categories for some time now. The firm rolled out same-day delivery of products across several categories at no extra cost from February. Key Points
Economic Timesquick grocery has caught on, and BigBasket is smiling
The Tata group-backed company expects to turn profitable early next year, reaching a rarefied milestone in the online grocery space. But first, BigBasket needs its quick-commerce arm to hustle. Key Points
mint3rd cricket test: R Ashwin's 500th wicket and an English fightback
At the end of the second day of the Rajkot Test — where the highlight for India was R Ashwin picking up his 500th Test wicket — England controlled the game. India, from 33 for 3, recovered to 237 for 4 and just as they were on the ascendency again, lost quick wickets. This inconsistent, stopstart batting meant the home team ended with 445, having batted out 130.5 overs in very good batting conditions. Key Points
Economic TimesZomato Q3 Results: Profit skyrockets 283% QoQ to Rs 138 crore, beats estimates
Zomato Q3 Results: Net profit jumped nearly 4x (283%) quarter-on-quarter (QoQ) to Rs 138 crore. An ET Now poll saw the figure around Rs 36 crore. The company had posted a loss of Rs 34.7 crore in the last year period. Consolidated adjusted EBITDA was positive for the third consecutive quarter at Rs 125 crore. Key Points
Economic TimesHere's why so many people are losing money in online scams
The promise of quick financial gains has lured many into the web of deception. Cybersecurity, a vital aspect of Information Technology, plays a pivotal role in safeguarding personal data. Despite significant investments by tech firms in security measures such as fingerprint and facial recognition, criminals are evolving their tactics to dupe people. Key Points
Economic Times
quick Style's amazing dance to Khalasi is a hit. Watch
The dance video shared by quick Style has won the hearts of many people on social media. Watch the video here. | Trending Key Points
Hindustan TimesCarpooling banned in Bengaluru, penalty up to Rs 10,000. Know more
The transport department in Bengaluru has banned carpooling services offered through mobile apps like quick Ride, following complaints from taxi drivers. Offenders could have their registration certificates suspended for up to six months and be fined between INR 5,000 to INR 10,000. Carpooling apps are accused of violating regulations by aggregating private cars that are not authorized for commercial use. While carpooling is seen as an effective solution for reducing congestion, the government has yet to establish a clear policy regarding these services. Key Points
Economic TimesStocks in news: quick Heal, Infosys, Wipro, Adani Green, SBI Life, Uno Minda, Emami
American venture capital firm Sequoia Capital has exited quick Heal Technologies Ltd, by selling its entire 3.4% stake in the company through the open market on Thursday. Key Points
Economic TimesAmid skyrocketing prices, 25 kg tomato stolen in Fatehpur; two held
Two men in Kanpur stole 25kg of tomatoes, along with a small quantity of green chillies and ginger, to sell in the market for quick money. They have been arrested by the police. Key Points
Hindustan TimesETtech In-depth | Micropayments: Internet's 'sachet moment' in India
Be it shelling out Rs 10 for a tarot card reading session online, Rs 50 for a quick online game or Rs 30 in virtual offering at a temple, micropayments, enabled by UPI in India, are driving new-age users to consume and pay for a variety of services on the Internet. For apps, this avenue for revenue generation means big business. Key Points
Economic Times
Weekend Drive by Hormazd Sorabjee: The hills are alive
... with the sound of the Audi S5 Sportback, a luxury sedan that finds the right balance between comfort and performance Key Points
Hindustan TimesBuilding entry barriers in fintech; and other tech & startup stories this week
The free run that Indian fintech founders had is a thing of the past. Not only has the regulator stepped in to check the speed of innovation, banks are also looking to work only with regulated fintechs. Key Points
Economic TimesDiscretionary spending may weaken in Q4; apparel, lifestyle cos and eateries expect sales to grow only 15%
The slowdown is not restricted to apparel. Even the liquor segment that surpassed pre-Covid sales last year, could see slower growth. Analysts also said demand environment remains weak in the quick service restaurant (QSR) space. Fine dining restaurant chain Speciality Restaurants' managing director Anjan Chatterjee said the phenomenon of revenge eating is now tapering down with dine-in business down by 5%-15% for the industry. Key Points
Economic Times