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We're reimagining retail for next 500 mn Indians: CityMall CEO Angad Kikla

E-commerce platform CityMall is reimagining retail for a massive, underserved population in Bharat struggling to access everyday essentials that are both affordable and aspirational, says co-founder and CEO Angad Kikla. India's food and grocery market is a USD 600 billion opportunity. Yet over 93 per cent of this market is still served by unorganised kirana stores and less than 2 per cent is captured by e-commerce, Kikla told PTI. The absence of a technology-led model, rich with data insights and real-time updates that remove inefficiencies, means choices are limited for small-town consumers, who may be often end up overpaying for inconsistent quality, he explained. That's where his company, which focuses on 500 million new to internet users living in small cities, towns, and villages in India, comes in. By removing inefficiencies, aggregating demand, and leveraging technology, we're not just making e-commerce accessible to Bharat, we're making it the most affordable way to shop fo

Siddaramaiah launches real-time 'CM Dashboard' for development monitoring

The 'Chief Minister's Dashboard' (CM Dashboard), a platform that provides real-time, integrated insights into key development indicators across Karnataka was launched on Friday. It was launched by Chief Minister Siddaramaiah during the review meeting with Deputy Commissioners of all districts and CEOs of all Zilla Panchayats at Vidhana Soudha, the seat of the state legislature and secretariat here. The dashboard, developed in-house by the Centre for e-Governance (CeG), is now functionally complete and hosted under the domain cmdashboard.karnataka.gov.in. This platform provides real-time, integrated insights into key development indicators across Karnataka, enabling data-driven governance and decision-making at the highest level, an official release said. The dashboard is built using a microservices-based architecture, ensuring scalability and ease of integration, and the data is integrated via APIs (Application Programming Interface) from various departments, eliminating manual ...

Tata Digital CEO Tahilyani resigns after a year, joins Prudential

Tahilyani, who joined Tata Digital in February 2024, exits after restructuring leadership and growing the firm's financial offerings including a booming credit card base

ONDC appoints COO Vibhor Jain as acting CEO as leadership reshuffle deepens

ONDC names Vibhor Jain as acting CEO with immediate effect, concluding the Executive Committee's interim oversight as the platform continues its search for a new CEO

Real estate major Puravankara Group's CEO Abhishek Kapoor steps down

Abhishek Kapoor resigns as CEO of Puravankara; group signs JV for 24.59-acre land in North Bengaluru with 3.48 mn sq ft saleable area and ₹3,000 crore development value

Who is Greg Abel, Warren Buffett's chosen heir at Berkshire Hathaway?

Greg Abel, a Canadian executive with deep roots in energy and a long tenure at Berkshire, is set to succeed Warren Buffett as CEO of the conglomerate in 2025

Kohl's CEO fired over secret business deal tied to romantic partner

Kohl's chief executive Ashley Buchanan is dismissed for violating 'code of conduct' involving multimillion-dollar deal with consultancy connected to former colleague Chandra Holt

7-Eleven's first foreign CEO nominee confident of growth amid slowdown

The first foreigner tapped to head 7-Eleven expressed confidence Friday the Japanese convenience store chain will continue to attract thrifty customers, even in an economic slowdown. But Stephen Hayes Dacus, an American with a Japanese mother, declined to comment on the specifics of the various investment plans now being studied, including an acquisition proposal by Alimentation Couche-Tard of Canada. A special company committee, which he isn't part of, is charged with studying the options totally objectively, he said. The process is moving forward very constructively, Dacus, who is currently a director, told a small group of reporters at the Tokyo headquarters of Seven and i Holdings Co., which operates 7-Eleven. His appointment as chief executive still needs shareholders' approval, set for May. Seven and i shares have risen more than 2 per cent in the past year. Fluent in Japanese and English, Dacus said he was determined to build a culture of leadership that he's learned to adm

T Koshy steps down as CEO of ONDC after completing three-year tenure

The government-backed Open Network for Digital Commerce (ONDC) has announced that its MD and CEO, T Koshy, has stepped down following the completion of his three-year tenure at the company. ONDC is an initiative of the commerce and industry ministry to help small retailers expand their business and reduce the dominance of e-commerce giants. It aims to build an open, interoperable network on which buyers and sellers can transact without needing to be present on the same platform. "Koshy has expressed his desire to step down," ONDC said in a statement. The MD and CEO responsibilities have been transitioned to an executive committee. According to an official, the process to select a new CEO and MD would be initiated soon. ONDC offers small retailers an opportunity to provide their services and goods to buyers across the country through an e-commerce system, where buyers are able to purchase products that are sold on any platform. It is not an application, platform, intermediary or

Irwin Anand named CEO of Nimbuspost to drive growth, tech innovation

Logistics tech platform and Xpressbees subsidiary Nimbuspost on Thursday said it has appointed Irwin Anand as its new Chief Executive Officer as part of the leadership transition at the company. Anand, who was till recently the Managing Director for India and APAC at global learning platform Udemy, will focus on accelerating product innovation, enhancing seller success, driving operational excellence, and leading Nimbuspost's strategic expansion into new and existing markets, the company said. In addition, he will spearhead initiatives to strengthen operational capabilities, enhance delivery and fulfilment service, and leverage emerging technologies such as AI, automation, and real-time tracking to further improve service reliability, speed, and efficiency, Nimbuspost said. "Irwin's strategic vision is closely aligned with the company's commitment to building exceptional seller experiences, strengthening technology and data capabilities, and scaling in a thoughtful, resilient, and

Dhruv Agarwala resigns as CEO of REA India that owns Housing.com, PropTiger

Dhruv Agarwala, the CEO of REA India, that owns real estate classified platform Housing.com, has resigned from the company to pursue his own entrepreneurial journey. In 2011, Agarwala co-founded proptech firm Elara Technologies which owned PropTiger, one of the leading housing brokerage firms in the country. Later in 2017, he acquired Housing.com from Softbank and others. Australia's REA Group acquired Elara Technologies in 2020 and took control of Housing.com and PropTiger. In a statement on Thursday, Australia's REA Group announced that Agarwala has decided to step down as CEO of REA India after 14 years with the business. "Agarwala will remain with the business to support the appointment of his successor and ensure a smooth leadership transition before departing. A comprehensive process to appoint a new CEO is underway," it added. REA Group CEO Owen Wilson noted that Agarwala's leadership has been a key driver of REA India's growth. "Dhruv is an exceptional entrepreneur and ha

We want to promote beauty entrepreneurship in India: Estee Lauder CEO

ELC President and CEO Stephane de La Faverie talks about how they are fostering entrepreneurship in India's rapidly expanding beauty market

RBI stepped in after IndusInd Bank 'delayed' provisioning by a year

Seeks CEO probables' names soon; bank mcap slips Rs 19K cr

Siemens CEO & MD on growth, localization & India’s global impact | Tech Talk with Pranjal Sharma

Watch Pranjal Sharma in talks with Siemens CEO & MD on growth, localization & India’s global impact.

Nissan board to discuss potential CEO successors at March 11 meeting

The next CEO could be installed as a temporary or transitional leader, an option that would give the board more time to find a permanent replacement

Who could be the next Nissan CEO after Makoto Uchida? Check names here

If Uchida does exit, his replacement would become the fourth person to lead the carmaker in a little under six years, reflecting a sign of the management turmoil that has plagued Nissan

The Future of Mobility & AI | Manager’s Mantra ft. Zoomcar CEO

The mobility industry is evolving fast, and AI is playing a game-changing role! In this episode of Manager’s Mantra, we discuss all of it with Hiroshi Nishijima, CEO of Zoomcar.

Nokia picks Intel's AI and data center leader Justin Hotard as new CEO

Hotard, who will take up the position on April 1, is currently the executive vice president and general manager of Data Center & AI Group at Intel

Sridhar Vembu steps down as Zoho CEO; Shailesh Kumar Davey to succeed

In the surprise move, Vembu also added that he will be taking charge as the chief scientist of the company, overseeing the research and development division

LTIMindtree appoints Venugopal Lambu as CEO, succeeding Debashis Chatterjee

Debashis Chatterjee, or DC as he is colloquially known in the industry, took over the reins of LTIMindtree in November 2022 after the merger of Larsen & Toubro firms L&T Infotech and Mindtree