 "Peerzada Abrar")
Peerzada Abrar
Peerzada Abrar
Peerzada Abrar is a technology and business reporter at Business Standard. He covers the intersection of technology, AI, business and society, and their impact on our lives. This includes tracking top tech firms and startups. He joined Business Standard in 2019 after having worked at The Economic Times and The Hindu, where he covered the entrepreneurship ecosystem, start-ups, new technologies, venture capital, and private equity. A storyteller at heart, he is captivated by the potential of innovation to address global challenges. His narrative spans from resilient communities combating epidemics and natural disasters to groundbreaking initiatives that empower the underserved and transform humanitarian landscapes.
Peerzada Abrar is a technology and business reporter at Business Standard. He covers the intersection of technology, AI, business and society, and their impact on our lives. This includes tracking top tech firms and startups. He joined Business Standard in 2019 after having worked at The Economic Times and The Hindu, where he covered the entrepreneurship ecosystem, start-ups, new technologies, venture capital, and private equity. A storyteller at heart, he is captivated by the potential of innovation to address global challenges. His narrative spans from resilient communities combating epidemics and natural disasters to groundbreaking initiatives that empower the underserved and transform humanitarian landscapes.
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Keep 'East India Company' rhetoric aside, Amazon invested $6.5 bn: Lawyer
The legal counsel of Amazon told the court that it had introduced Samara, an investor to Future and the term sheet was offered to solve its problems
 "Keep 'East India Company' rhetoric aside, Amazon invested $6.5 bn: Lawyer")
India must grab digital opportunity, says Amazon India's Amit Agarwal
The Covid-19 crisis has highlighted the resilience and optimism of Indian entrepreneurs, with more small businesses and shops embracing technology and online to reinvent themselves
 "India must grab digital opportunity, says Amazon India's Amit Agarwal")
Do I have to ask Amazon sitting in US for deal with RIL, asks Future Retail
Future Retail which was represented by senior advocate Harish Salve told the court Future Retail does not need to seek permission from Amazon for any investments as it does not have any rights
 "Do I have to ask Amazon sitting in US for deal with RIL, asks Future Retail")
Technology will help us vaccinate large population in short time: PM Modi
PM Narendra Modi told India Inc that the country is uniquely positioned to leap ahead in the information era
 "Technology will help us vaccinate large population in short time: PM Modi")
PhonePe becomes largest platform for buying digital gold with 35% mkt share
With over 35%market share, the Walmart-owned firm which competes with Google Pay, Amazon Pay and Paytm has seen a more than 6X jump in the volume of Gold sold in the festival season
 "PhonePe becomes largest platform for buying digital gold with 35% mkt share")
Zomato to charge zero commission from restaurants for takeaway service
Takeaway on Zomato app has witnessed tremendous growth with the order volume increasing by more than 200% in the last few months
 "Zomato to charge zero commission from restaurants for takeaway service")
Covid-19 blues, funding crunch, made Urban Ladder do a fire sale to RIL
Urban Ladder was valued at around Rs 1,200 crore in 2019 and this dropped to about Rs 750 crore in 2019
 "Covid-19 blues, funding crunch, made Urban Ladder do a fire sale to RIL")
Flipkart acquires augmented reality company Scapic for undisclosed sum
With the pandemic bringing about a change in consumer behaviour and an increase in online adoption, Flipkart has been focusing on enhancing consumer experiences by strengthening tech capabilities
 "Flipkart acquires augmented reality company Scapic for undisclosed sum")
Flipkart, PhonePe monthly active customers at 'all time high': Walmart
Walmart International CEO Doug McMillon says group committed to high-value markets like India.
 "Flipkart, PhonePe monthly active customers at 'all time high': Walmart")
Zoom's Eric Yuan, top Silicon Valley VC invest in retail-tech firm Arzooo
Funding amount not known; Arzooo is Yuan's first India investment. Bill Tai has 22 IPOs to his credit, was among first investors in Twitter, Zoom Video, Wish.com, Canva, and ColorGenomics
 "Zoom's Eric Yuan, top Silicon Valley VC invest in retail-tech firm Arzooo")
Reliance Retail buys 96% stake in Urban Ladder for over Rs 182 crore
The deal is expected to help Mukesh Ambani-headed RIL take on players such as Amazon, Flipkart, Ikea, and smaller rival Pepperfry
 "Reliance Retail buys 96% stake in Urban Ladder for over Rs 182 crore")
Children are innovating, learning to code and solve real-world problems
More and more Indian children are learning to code - and coming up with a host of innovations to solve real-world problems, writes Peerzada Abrar
 "Children are innovating, learning to code and solve real-world problems")
Ola sees full recovery in cities, says demand to continue after festivals
The SoftBank-backed ride-hailing firm had seen a massive slump during the lockdown but is now seeing close to 100 per cent recovery in key cities
 "Ola sees full recovery in cities, says demand to continue after festivals")
Future Retail lawyer likens Amazon to East India Company over 'kill' remark
Counsel Harish Salve tells court Future may go bust, thousands may lose jobs due to Amazon's interference
 "Future Retail lawyer likens Amazon to East India Company over 'kill' remark")
School pass-outs, engineers among Flipkart's top sellers in festive sale
Fipkart says these sellers are continuing to grow rapidly with the pandemic accelerating shift to e-commerce
 "School pass-outs, engineers among Flipkart's top sellers in festive sale")
Flipkart bolsters gaming strategy, acquires gaming startup Mech Mocha
Walmart-owned company sees strong trend of casual gamers going on to become early shoppers
How Salesforce is helping enterprises bond with customers amid pandemic
The San Francisco-based customer-management software maker is providing AI and ML for a variety of enterprises, from tyre makers, adhesives manufacturers to sports apparel and footwear firms
 "How Salesforce is helping enterprises bond with customers amid pandemic")
PhonePe breaches 250-mn user mark; logs 925 mn transactions in October
Walmart-owned digital payments firm hits $277-billion annual TPV run-rate
 "PhonePe breaches 250-mn user mark; logs 925 mn transactions in October")
India Inc needs to respond to various reforms undertaken by govt, says CEA
He said that India is the only country which utilised the opportunity provided by the current crisis to unleash the second generation reforms that are focused on factor markets
 "India Inc needs to respond to various reforms undertaken by govt, says CEA")
Had a strong Prime Day in India, Diwali off to a good start: Amazon CFO
The e-commerce giant will continue to invest in international markets including India, where the volumes are growing