The company looks at data to determine how much stock that a neighborhood needs of a particular product in each tiny distribution center. “We’re calculating demand within hyperlocal territories,” says Asaf Hachmon, Bond’s CEO. “And based on this calculation, we know how much supply or how much inventory needs to be held in each one of these nano distribution centers.” The system means that brands can avoid the carbon footprint of sending packages next-day air on planes. Ohi, another startup working with online brands, is using a similar model. … [Read more...] about This startup wants to replace traditional package delivery with hyperlocal, electric-trike-driving couriers
Q: What is the interaction of the Audit Committee with other Board members?A: After the full audit committee meeting comes the Board meeting. Invariably, what happens is that where compliance, governance and numbers are concerned the Audit Committee is doing most of the heavy lifting for the Board.In all the Boards, I always invite all other directors to join the Audit Committee if they have the time. And many of them do, especially if it is a finance-oriented organisation. Not everyone joins in because many members cannot come the day before. So that is the process that I follow in an audit committee. … [Read more...] about What is a good way to run an Audit Committee?
In a way, common services represent “aggregated demand'' for energy in the complex. Since these services are managed by a collective of residents, there are opportunities for these entities to introduce solar energy generation and energy efficiency measures in common areas. … [Read more...] about India needs to prioritise solar rooftop among residential, industrial users: Report
Brijesh Modi, Chief Financial Officer, Thomas Cook (India) Ltd, expects that newer sectors and travel circuits needs to be created and encouraged through incentives and promotion. North East of India and Kashmir according to him have the potential to provide a lot of opportunities for tourism. … [Read more...] about Here’s what travel and tourism industry expects from Budget 2020
Everstone is focused on India and South East Asia and has assets in excess of $5 billion across private equity, real estate, green infrastructure and venture capital. It has invested in more than 30 portfolio companies in the region and its India portfolio includes fast-food chain Burger King (which has received the Sebi nod for an IPO), Indostar Capital Finance, nutraceutical ingredient player OmniActive Health Technologies and Modern Foods. … [Read more...] about Everstone Capital to exit Ashok Leyland-promoted Hinduja Leyland Finance