February 2, 2021
Justdial’s B2B e-commerce platform JD Mart will be launched soon, company executives said on an investor call on Monday for the company’s Q3FY21 earnings report (quarter ended December 31, 2020). Retailers, distributors, and any kind of B2B supplier will be able to list their products on JD Mart, and also avail of hyperlocal, national, and international logistics services.
Justdial’s operational revenues fell 28% YoY to ₹169.5 crore in the quarter, traffic also fell over last year but improved marginally over the previous quarter. However, monthly monetisation levels stand at 80% of pre-COVID-19 levels.
The company plans to hire for sales and expects headcount to rise in next quarter, since India has largely reopened and local trains have recommenced in Mumbai. “We have been accused of being a profit obsessed company, there will be a change in the categories. We will be more invested in our products and invest in marketing in the coming months,” founde
Union Budget 2021: Realty sector wants finance minister to accord long-awaited industry status The last few years have witnessed a major downfall in the real estate sector owing to demonisation, GST, RERA, NBFC crisis, says Sanjay Daga, COO, Runwal FP Staff January 31, 2021 19:39:28 IST Expectations rise for real estate sector ahead of budget.
The real estate sector is confronting crippling liquidity for a long time. A relaxation in norms for raising capital, tax incentives for home buyers, reduction in housing finance cost through preferred interest rates, continuing subsidies under Pradhan Mantri Awas Yojana (PMAY), and paving the road for the quick availability of Alternate Investment Funds (AIF) are some of the relief measures the sector expects. These initiatives will put more money in buyers’ and developers hands, stoking the revival in the sec
Realtors Await Sector-Specific Budget Announcements singaporestar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from singaporestar.com Daily Mail and Mail on Sunday newspapers.
New Delhi [India], January 29 (ANI/NewsVoir): In order to streamline the industry and provide liquidity alternatives for stalled projects, the government made a range of announcements and initiatives during 2020; the sector now has high hopes for the upcoming budget. The government should take last year s thought and action to come up with announcements that can be enforced in the short term. The first and foremost need is to see that the process of permissions gets resolved through single window clearance, a demand that has been there for quite some time. Authorities responsible for giving permissions can also be brought under the ambit of RERA to make sure that the permissions do not take much time; this step can be an option if single-window clearance is not announced. We all know that government is promoting Housing for All and for it to become a reality it is important to ease out the cost burden on real estate by controlling the cost of construction; the Budget must have an a
A new two-year project has launched to pilot what is described as a radically resource-efficient cotton farming technology, with the goal of ultimately scaling the solution in key regions where cotton agriculture is challenged by limited resources such as water and few solutions for pest control.
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