Resurgence of hyperlocal model | Ravi Shankar Prasad interview | Labour shortage may break supply chain | Brands go big on face masks

ETtech Newsletter | Friday, April 10, 2020

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Pandemic gives hyperlocal model a new lease of life
Hyperlocal delivery may be a short-lived trend since it is a stopgap arrangement at a time of crisis with ecommerce business down to a trickle, industry execs said  read more...
Social media firms have to deal with misinformation responsibly: Ravi Shankar Prasad
I have instructed the department to come up with a policy framework so that work from home becomes a mass movement in India, said union minister Ravi Shankar Prasad  read more...
Rebel Foods gets $50 million more from US hedge fund Coatue Management
The company operates over 2,100 internet restaurants and an estimated 300 cloud kitchens across three countries  read more...
Big brands unmask a hot new sales category
For apparel companies, this huge demand for masks comes as a boon as their core products may not see an uptick in demand anytime soon  read more...
How people are getting fruits and vegetables amid lockdown
A look at state-wise availability of fruits and vegetables across online and offline channels  read more...
Firms try to save jobs amid the turmoil caused by Covid-19 outbreak
Deferring pay increases and incentives, reducing marketing & operations expenses, salary cuts are some of the options companies have been exploring  read more...
Labour shortage may break supply chain in Covid-19 lockdown extension
With millions of migrants either locked in or back home, businesses are struggling to deploy even 20% of the required labour force.  read more...
Cognizant withdraws FY20 guidance
The IT service firm draws on a credit line to boost financial flexibility and stops buybacks  read more...
Flipkart looking at ties with retail chains, FMCG giants
Spencer's will become a seller on the Flipkart platform and sell special packs of staples and FMCG products which will be delivered by Flipkart's last-mile delivery network.  read more...
IT companies face demands for discounts, payment delays from clients
IT companies, which are already facing the prospect of billings reducing sharply as clients stop non-essential work, will now have to begin managing their cash flows.  read more...
Online searches for games, movies soar amid lockdown: Report
In view of the ongoing lockdown due to the Covid-19 pandemic, online searches related to these topics and more have surged, says web analytics firm SEMrush, which shared its search data exclusively with ET.  read more...
Techies use Swiggy model to reach lakhs of meals to Bengaluru's labourers
Dasoha, the ambitious project of the labour department, has provided food for more than 10 lakh homeless or stranded labourers over the last seven days, Karnataka labour minister said.  read more...
L&T uses artificial intelligence to help 20 cities combat Covid-19
L&T has rolled out smart technology solutions in these cities that help local administration in monitoring crowds, tracking patients, communicating with the public and even maintaining law and order.  read more...
Internet crawls as usage surges
Median download and upload speeds for both WiFi and mobile data between 11 am and 11 pm dropped by up to 36% and 17%, respectively, according to analytics firm Ookla  read more...
Tata companies told to conserve cash, go slow on capex
Conserving cash for 2020-21 is our message to all group companies, said N Chandrasekaran, chairman of Tata Sons, in an exclusive telephonic interview with ET on Wednesday.  read more...
Delta Air cuts tech projects, slashes 1,300 vendor jobs
Airlines and hospitality companies were the first to take a hit as several countries imposed lockdowns.  read more...
Mobile handset brands reduce offline workforce; seek rent waiver for stores
Handset brands in India have started reducing retail store workforce or in-store promoters due to zero sales in the offline channel  read more...
Lockdown will not impact payments: NPCI CEO Dilip Asbe
There has been a dip in volumes as discretionary spends are near to zero but we expect it to pick up, said NPCI chief executive Dilip Asbe  read more...
Google must pay news firms for content: French regulator
The agency said it "requires Google, within three months, to conduct negotiations in good faith with publishers and news agencies on the remuneration for the re-use of their protected contents".  read more...
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Thursday, April 9, 2020

ETtech Newsletter | Thursday, April 9, 2020 Daily Newsletter Technology | Startups | Corporate | Mobile | Internet | People News & analysis you can't afford to miss. Delivered to your inbox

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