Tag: INDIA
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Luxury Market Anticipates Growth as Winter and Wedding Seasons Approach
Luxury companies, recovering from a sluggish summer, are optimistic about winter and wedding shopping, with brands like Aquazzura and Brunello Cucinelli seeing increased sales. Expectations for 2025 are bright due to rising disposable incomes and a focus on exclusive, sustainable experiences. On November 18, 2024, luxury companies are recovering from a lackluster summer sales season…
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Grow Digi Secures Two Patents for Innovative Blockchain Technology
Grow Digi, an Indian blockchain startup, has obtained two patents for groundbreaking blockchain technology that reduces data storage by 95% and transaction times to less than 300 milliseconds. The company pioneered a Layer 1 blockchain, enabling enterprises to build applications securely. They are also developing various industry-focused blockchain solutions, including applications in healthcare and electric…
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Navigating AI Development in India: The Need for Local Expertise and Consultation
India’s rich linguistic diversity challenges AI companies to develop inclusive technologies. The BharatGen initiative seeks to enhance generative AI for local languages, yet this requires genuine public consultation and collaboration with local experts. Failures in previous tech offerings exemplify the risks of overlooking local input. To effectively serve Indian users, AI must integrate local cultural…
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Beauty Companies Pivot to Quick Commerce Amidst Slowing Growth
Beauty companies are experiencing slower growth, prompting them to shift towards offline and quick commerce channels to enhance profitability. E-commerce growth has decelerated due to market saturation as direct-to-consumer brands emerge, leading to a strategic pivot to broader retail opportunities. Notably, investments in quick commerce are gaining traction, indicating potential for resurgence in the beauty…
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NPCI’s Bharat Connect Revolutionizes B2B Payments for MSMEs in India
On November 8, 2024, Companies News reports on NPCI’s Bharat Connect, which aims to streamline B2B payments for India’s MSMEs, estimated at 63 million. Additionally, Aavishkaar Capital is raising ₹1,500 crore for its largest fund to date, focusing on commercial startups. As of November 8, 2024, Companies News provides insights into NPCI’s Bharat Connect, an…
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IMSTA FESTA Toronto 2024: A Hub of Music Technology and Professional Development
IMSTA FESTA Toronto 2024 will be held on November 23 at Toronto Metropolitan University, featuring over 25 master classes from distinguished music industry professionals. Key sessions include “Cookin’ Beats” led by Yogi The Producer and workshops on various music production aspects. The event is free to attend, encourages song submissions for reviews, and offers opportunities…