 "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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Bike Taxis wage hygiene war on Covid-19 with cleaner seats and half-helmets
Remote working also being adopted for staff safety; masks and sanitisers for rider-partners
 "Bike Taxis wage hygiene war on Covid-19 with cleaner seats and half-helmets")
Coronavirus: E-commerce gets a boost as customers prefer to stay indoor
Firms like Flipkart, Amazon, Bigbasket witness 30% spike in orders as COVID-19 spreads
 "Coronavirus: E-commerce gets a boost as customers prefer to stay indoor")
Flipkart and Amazon play against Coronavirus, test work from home
While Amazon India has begun a dry-run for work from home, Flipkart has told its 10,000 odd staff at its Bellandur campus in Bengaluru to work offsite for three days as a part of a pilot project
 "Flipkart and Amazon play against Coronavirus, test work from home")
YES Bank crisis: PhonePe comes to a halt, but staff keeps it up and running
Payments firm came to a halt after RBI superseded YES Bank's board
 "YES Bank crisis: PhonePe comes to a halt, but staff keeps it up and running")
RBI's moratorium on Yes Bank disrupts digital payments, PhonePe hit hardest
Since YES Bank is PhonePe's exclusive UPI partner, the latter's users have been affected the most
 "RBI's moratorium on Yes Bank disrupts digital payments, PhonePe hit hardest")
Coronavirus: E-tailers see spike in demand for masks, sanitizers
Industry executives said customers were avoiding the items sourced from China, throwing an opportunity for India sellers to fill that gap
 "Coronavirus: E-tailers see spike in demand for masks, sanitizers")
Amazon-backed Capital Float betting big on co-lending partnerships
The firm also seeks to reduce its dependency on external funds
 "Amazon-backed Capital Float betting big on co-lending partnerships")
After Alexa, you can now talk to your smart fan to control cooling
The intelligent appliances sense the temperature and humidity and adjust the speed accordingly
 "After Alexa, you can now talk to your smart fan to control cooling")
Ola-backed bike and scooter sharing startup Vogo raises $19 million
The latest fundraising is critical for Vogo to grow as it tries to find space for itself across India's cities. Its rival Bounce has already crossed $520 million in valuation.
 "Ola-backed bike and scooter sharing startup Vogo raises $19 million")
Microsoft CEO Nadella to woo India Inc with tech to drive e-transformation
A lot has changed since then. His focused execution on enterprise cloud has driven Microsoft's market cap to grow nearly five-fold to cross the $1-trillion mark.
 "Microsoft CEO Nadella to woo India Inc with tech to drive e-transformation")
Now, Flipkart challenges India anti-trust probe after Amazon gets stay
The CCI ordered an investigation against e-commerce players last month after the Delhi Vyapar Mahasangh, a traders' body, filed a complaint against the firms' practices like giving deep discounts
 "Now, Flipkart challenges India anti-trust probe after Amazon gets stay")
Amazon's Q4 revenue takes a 300 bps hit due to Diwali timing, Japanese tax
Firms says large part of impact was felt as Diwali season moved more into third quarter, boosting Q3 sales at the cost of Q4
 "Amazon's Q4 revenue takes a 300 bps hit due to Diwali timing, Japanese tax")
Ride-hailing firm Ola to start in London on Feb 10 with over 20,000 drivers
Will be fully operational from day one, firm aims to offer a differentiated experience with features such as 24/7 helplines for drivers and customers and in-app emergency button
 "Ride-hailing firm Ola to start in London on Feb 10 with over 20,000 drivers")
Mahindra Electric Mobility plans a global journey, unveils a new brand
The new brand is meant to give the brand a renewed thrust to achieve its global ambition of being a leading player in electric mobility technology solutions
 "Mahindra Electric Mobility plans a global journey, unveils a new brand")
TVS Motor forays into electric mobility; unveils smart scooter iQube
TVS iQube Electric is equipped with 4.4 kW electric motor to deliver both high power and efficiency with no transmission loss
 "TVS Motor forays into electric mobility; unveils smart scooter iQube")
US payments giant Mastercard invests in Indian firm Pine Labs
The market opportunity in India for installment-based payments on consumer goods will hit $16.9 billion in 2021 and is expected to jump to $52.5 billion in 2025
 "US payments giant Mastercard invests in Indian firm Pine Labs")
Scooter-sharing start-up Bounce plans expansion, eyes global foray
It is now in Bengaluru and Hyderabad, besides six smaller cities, including Mangaluru and Vijayawada. It now aims to enter Maharashtra, Gujarat, Rajasthan and the NCR
 "Scooter-sharing start-up Bounce plans expansion, eyes global foray")
PhonePe expands into financial services, launches int'l travel insurance
PhonePe, which competes with Alibaba-backed Paytm, Amazon Pay and Google Pay, claimed it is India's first digital payment platform to launch international travel insurance.
 "PhonePe expands into financial services, launches int'l travel insurance")
PhonePe launches digital ATM, users can withdraw cash from merchant shops
PhonePe said there will not be any charges for customers or merchants to avail of this service
After scorching start, Oyo looks to get its business basics right
The firm is said to be firing 2,400 employees, or 20 per cent of its workforce in India, mainly in sales and business development
 "After scorching start, Oyo looks to get its business basics right")