Remove tag
article thumbnail

India's no longer 'fragile', can weather global market volatility

CFO News

In the face of global financial market turbulence, India's rupee appears more resilient due to a narrowed current account deficit (CAD) and bolstered forex reserves. Increased exports post-pandemic buffered the CAD, keeping it manageable at 2% in FY23 despite soaring commodity prices.

article thumbnail

Prosus may have promoter tag in Swiggy’s $1 billion IPO

CFO News

In 2022, it had withdrawn its draft red herring prospectus (DRHP) filed with the Securities and Exchange Board of India citing market conditions. While Swiggy prepares to file its IPO papers, New Delhi-based wearables and audio accessory brand Boat is likely to reconsider its plan to make an IPO in 2024, people in the know of its plans said.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

NXP Rolls Out Privacy-Enabled Tag Chips For IoT

PYMNTS

NXP Semiconductors in late September introduced its latest NTAG DNA tag chip, providing privacy-enabled, multi-layered security for NFC and IoT authentication applications. With the new NTAG 424 DNA, brands can fight counterfeit and grey market activities at a cost that enables mass-market deployment of advanced NFC tags.

article thumbnail

Tagly App: The Anti-Selfie?

PYMNTS

A new app is poised to move social content marketing away from user-generated content and put the power in the hands of brands themselves. To date, the Tagly app has generated $2 million in seed funding from IZI Mobile, shares the outlet.

article thumbnail

Best Buy Minimizes Iconic Price Tag In New Logo

PYMNTS

The new design moves the company’s wordmark outside the giant yellow tag, making it a less noticeable part of the layout, The Verge reported. The updated logo is true to our heritage, but it’s really cleaned up,” Best Buy Chief Marketing Officer Whit Alexander said in an article on the retailer’s website.

Retail 40
article thumbnail

Shoppers Are Caught Off Guard as Prices on Everyday Items Change More Often

CFO News Room

“We are printing thousands of new price tags every week,” Mr. Griffin said. Adjusting prices is tedious work and can interrupt store operations, Mr. Griffin said, adding that some employees are working overtime to put in new tags. Weis Markets Inc., To save time, B&R is trying electronic shelf labels at a store. Best Buy Co.

Retail 130
article thumbnail

Apple iPhone Launch Pushes Market Cap Past $1T Again

PYMNTS

Microsoft also has a market cap higher than $1 trillion, at $1.04 In a similar move, Apple Watch’s newest edition (the 5) will carry a top tier price tag — but Apple has also officially lowered the price of the Apple Watch Series 3 to $199.”. On Tuesday, Apple held an event where it showcased its new iPhone, Apple Watch and iPads.