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65% of Retailers Will Offer Same-Day Delivery by 2019

Small businesses are always looking for ways to have a competitive advantage in the market. Now they are not only competing on price and customer service, but also on speed. According to a recent report by Go People, a Sydney-based on-demand delivery and courier startup, 65% of retailers will provide same-day delivery services by the year 2019. “Globally speaking, same day delivery is no longer just a concept. Instead, it’s the standard practice in many industries nowadays,” writes Nick Hartman, Marketing and Communications Manager for Go People, on the company’s blog. “Fashion retailers,…

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Qualcomm Raises Offer to Buy NXP Semiconductors

US chipmaker Qualcomm raised its offer to buy NXP Semiconductors NV to $127.50 (roughly Rs. 8,265) per share on Tuesday, and said it now has the backing of the shareholder group led by Elliott Management that opposed the previous proposal. Qualcomm said it needs to buy a minimum 70 percent of NXP’s outstanding shares in a tender offer, instead of the 80 percent required in the earlier agreement. The latest offer values NXP at $44 billion (roughly Rs. 2.85 lakh crores). NXP’s shares were up 6.5 percent at $126.15 in premarket trading. The stock has…

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ArcelorMittal Submits Offer For Debt-Laden Essar Steel

The steel major said Essar would also have access to deep technical expertise London: ArcelorMittal on Monday said that its subsidiary ArcelorMittal India Pvt Ltd (AMIPL) has submitted an offer for Essar Steel India Limited in line with the corporate insolvency resolution process for Indian steel company. In its offer, AMIPL set out a detailed industrial plan for the debt-laden steel maker to address its operational issues and aimed at improving its performance and profitability. “Essar provides a compelling opportunity for us to enter the high growth Indian steel market. The…

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Airtel Takes on Jio Phone With Karbonn A1 Indian, A41 Power Smartphones: Price, Offer Details

Jio Phone is effectively free, while the new Airtel phones’ effective price starts at Rs. 1,799 HIGHLIGHTS The new Karbonn phones will compete against Jio Phone Karbonn A1 Indian comes at an ‘effective price’ of Rs. 1,799 Karbonn A41 Power at an ‘effective price’ of Rs. 1,849 Jio Phone is a looming threat for both phone makers and telecom operators, despite its pre-booking sale opening only once since it was unveiled in July. It came as no surprise to anyone that to counter Jio Phone, Airtel partnered with Karbonn and then Celkon to subsidise the…

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JNU to offer engineering and management courses, UGC nod pending

The Jawaharlal Nehru University (JNU) proposes to offer engineering and management courses, an initiative the University Grants Commission is said to be considering. If approved, the university will take students for these subjects from 2018. The New Delhi-based premier institution, established in 1969, is known for its arts and humanities subjects. JNU wants to expand its programme to engineering and management, for which officials submitted a proposal and made a presentation to the country’s university regulator, UGC. The government-run university can’t start new courses without the UGC’s clearance as these…

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Facebook Posts May Offer Insight Into Mental Illness

Your Facebook status updates, ‘likes’ and even photos could help researchers better understand mental health disorders, a new study says. Social networks may even be used in future to treat mental illness, particularly among young people, the researchers said. “Facebook is hugely popular and could provide us with a wealth of data to improve our knowledge of mental health disorders such as depression and schizophrenia,” said the study’s lead-author Becky Inkster from University of Cambridge. Over a billion people worldwide use Facebook daily – one in seven of the global…

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