Zomato, one of India’s leading food delivery services, is facing the possibility of competition from the government-backed Open Network for Digital Commerce (ONDC). However, financial services firm Motilal Oswal Securities believes that ONDC does not pose an immediate threat to Zomato, considering its current scale and market dominance. While ONDC’s entry into the food delivery …
KPMG and Google Cloud are expanding their existing partnership to accelerate the adoption of generative artificial intelligence (AI) among enterprises. The companies announced that they are working together to provide practical and real-world applications of generative AI, with the aim of helping companies transform their operations and drive innovation. The expansion of their alliance comes …
Elon Musk, CEO of Tesla and Twitter, recently urged people to move their money out of bank accounts citing a “massive incentive”. He pointed out the significant difference in interest rates set by the US Treasury and the Federal Reserve, which creates a gap that banks use to earn profits on the money deposited with …
The Energy Company, a startup focused on accelerating electric vehicle (EV) adoption in the commercial space, has developed a full-stack battery platform called Flexi for mobility. The platform aims to increase the reliability and efficiency of EV battery charging, making it a more attractive option for commercial use. One of the biggest challenges for EVs …
WhatsApp, the popular messaging app owned by Facebook, has launched a new payment feature in Singapore, allowing residents to pay local businesses directly through their WhatsApp chat. The new feature, supported by payment service provider Stripe, enables customers and businesses to buy and sell goods and services without the need to visit a website, open …