🚨Exclusive today for @ETtech:
PE giant Blackstone is in discussions with Jaipur-based parent entity of IB-affiliated Jayshree Periwal International School to pick a majority stake
This is part of a bigger plan by Blackstone to build an education platform
More below 👇
Indian ecommerce had a sluggish first quarter in 2024 coming off from the festive season as shipment levels remained muted, though purchase of more premium items helped buoy overall sales figures. @digbijaymishra1 and I report for the paper's front page and @ETtech
More than #AI there are 4-5 major shifts that are happening -- digital, geopolitical, alternate fuel, sustainability, reskilling, says S N Subrahmanyan of L&T at #ETAwards@arijitbarman76@EconomicTimes
On consumption in the premium category:
The way economic classes have lifted that is surely to drive consumption. Beauty and fashion as a category has also seen a lot of young consumers -- says @falguninayar of @MyNykaa at #ETAwards@arijitbarman76@EconomicTimes
Hailed as the Oscars in the grand theatre of #Indian#business, #ETAwards stands as the pinnacle of success. Join us to celebrate the winners of the ET Awards for Corporate Excellence 2023. Watch the event live at https://t.co/lwZZo73EBp.
@DeloitteIndia
🚨 After receiving the blessings of IRDAI to upgrade to a composite insurance broker, @policybazaar has now been granted a new certificate of registration
This will allow its entry into the reinsurance business as reported by @ETtech earlier
https://t.co/65b9fD55T7
@dilipasbe@ETtech@NPCI_NPCI on #AI
AI is going to be formidable force in data generation activity. And payments is the second biggest data generator after social media. So payments use case makes sense. We at NPCI are also looking at AI says @dilipasbe
The tipping point in digital payments is still to arrive and we are still sitting on a 10x growth which is possible says @dilipasbe at #FTX2024@harshilmathur@ETtech
RBI to tap NHAI, NPCI to fix rescue plan for #Paytm users
Meeting to take place next week prior to release of FAQ on impact of restrictions.
Read more at:
https://t.co/tshJL6JykV
By @Ta_rush and @deepshikhasET
🚨🚨 BREAKING: Shareholder, founder rift widens at Byju’s.
A group of key shareholders at Byju’s, holding more than 30% stake in the company, has issued a notice to the cash-strapped edtech firm calling for an extraordinary general meeting (EGM) to address ‘persistent issues’