Day: October 7, 2020

Through videos, the ecommerce company will show us the behind the scenes of entrepreneurs and the economy that you move when buying online.

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This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process.


  • In Mexico alone, the ecommerce platform has managed to add more than 8,000 SMEs since March 24, which means around 45 a day.

The COVID-19 pandemic accelerated the digital transformation of businesses, since not being able to sell in physical spaces, they looked for ways to continue operating through the internet. In this context, Mercado Libre presented a campaign called ” Let’s put the economy in gear ” with the aim of making visible the stories of all the entrepreneurs


In order to further simplify the buying of by retail consumers and to help them make informed decisions, the Regulatory and Development Authority (Irdai) is set to introduce a colour coding system for all individual health products that will enable the customers to gauge the complexity of the product.


In a draft released on Monday, the regulator said, every product offered by general and companies shall carry a colour code, which will indicate the level and extent of the complexity of the product.


The insurance companies will use “green, orange, and red” colours to indicate the complexity of the products that are on offer. Green will signify that the product on offer is simple, and easy to understand, while orange will mean that the product is moderately complex. Red will indicate that the product offered is


The Centre on Tuesday approved 16 proposals from marquee brands, including makers of Apple devices, under two new flagship schemes, in a move expected to fetch Rs 11,000-crore additional investments in local In turn, this would imply production worth Rs 10.5 trillion over the next five years, giving a fillip to Prime Minister Narendra Modi’s Make in India and Atma Nirbhar Bharat schemes.


A statement issued by the Ministry of Electronics and Information Technology said that of the total, Rs 6.5 trillion worth of electronic goods will be exported by 2025 under the Production Linked Incentive (PLI) plan.



As part of the newly introduced PLI scheme, five applications have been approved from international majors Foxconn, Wistron, Pegatron (all three makers of Apple products besides other brands), Samsung and Rising Star. These proposals are expected to translate into


Group hired nine private bankers from to build its wealth management business in India and capture “booming demand” in a market dominated by local firms.


The Zurich-based bank recruited one managing director, two directors, three relationship managers and three assistant relationship managers to be based in Mumbai, Benjamin Cavalli, the South Asia private banking head, said in a statement on Tuesday.



“The Indian market has significant opportunities that both our investment banking and wealth management businesses can capture,” Cavalli said. The Swiss bank provides services ranging from financing, debt and capital market transactions, as well as trading, he said.


is on a hiring spree in from China to Southeast Asia as it seeks to tap more business with rich Asians and boost revenue in the region. India’s total wealth has quadrupled since