Facebook launches ‘Shops’ to help small businesses sell online across its apps

Agencies
May 20, 2020

In a bid to help struggling small businesses in Covid-19 times, Facebook has introduced Shops to help set up a single online store for customers to access on both Facebook and Instagram.

While Facebook Shops is being rolled out from Wednesday, the company will introduce Instagram Shop, a new way to discover and buy products in Instagram Explore, this summer, starting in the US.

The social networking giant also announced that it will invest in features across its family of apps to inspire people to shop and make buying and selling online easier.

"Creating a Facebook Shop is free and simple. Businesses can choose the products they want to feature from their catalogue and then customise the look and feel of their shop with a cover image and accent colours that showcase their brand," Facebook said in a statement late Tuesday.

Any seller, no matter their size or budget, can bring their business online and connect with customers wherever and whenever it's convenient for them.

People can find Facebook Shops on a business' Facebook Page or Instagram profile, or discover them through stories or ads.

"From there, you can browse the full collection, save products you're interested in and place an order — either on the business' website or without leaving the app if the business has enabled checkout in the US," informed the company.

Last month, Facebook announced $40 million in grants for 10,000 small businesses in the US to help them get through these challenging time.

The grants will go to small businesses in 34 locations where Facebook employees live and work.

The company said that in Facebook Shops, users will be able to message a business through WhatsApp, Messenger or Instagram Direct to ask questions, get support, track deliveries and more.

In the future, they will be able to view a business' shop and make purchases right within a chat in WhatsApp, Messenger or Instagram Direct.

Later this year, Facebook will add a new shop tab in the navigation bar, so people can get to Instagram Shop in just one tap.

Facebook said it is making it easier to shop for products in real time.

Soon, sellers, brands and creators will be able to tag products from their Facebook Shop or catalogue before going live and those products will be shown at the bottom of the video so people can easily tap to learn more and purchase.

"We're starting to test this with businesses on Facebook and Instagram, and we'll roll it out more broadly in the coming months," said the company.

Facebook is also working with partners like Shopify, BigCommerce, WooCommerce, ChannelAdvisor, CedCommerce, Cafe24, Tienda Nube and Feedonomics to support small businesses.

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Agencies
September 14,2020

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New Delhi, Sept 14: Domestic equity benchmark Sensex jumped over 300 points in early trade on Monday tracking gains in index majors Reliance Industries, HDFC twins and HCL Tech amid positive global cues and fresh foreign fund inflow. The 30-share BSE index was trading 340.10 points or 0.88 per cent higher at 39,194.65; while the NSE Nifty rose 89.15 points or 0.78 per cent to 11,553.60.

HCL Tech was the top gainer in the Sensex pack, surging around 5 per cent, followed by Tech Mahindra, HDFC duo, Reliance Industries, TCS, SBI and IndusInd Bank. On the other hand, HUL, Asian Paints, Maruti, Bajaj Auto and Nestle India were among the laggards.

In the previous session, Sensex ended 14.23 points or 0.04 per cent higher at 38,854.55, while the broader Nifty rose 15.20 points or 0.13 per cent to close at 11,464.45. Exchange data showed that foreign institutional investors bought equities worth Rs 1,175.81 crore on a net basis on Friday. Domestic equities opened on a positive note tracking positive cues from global markets and persistent foreign fund inflow, traders said.

Bourses in Shanghai, Hong Kong, Seoul and Tokyo were trading with gains in mid-day deals after Biopharmaceutical giant AstraZeneca and the University of Oxford on Saturday resumed trials for their coronavirus vaccine in the UK after the Medicines Health Regulatory Authority's approval. The human trials resumed days after a pause was announced in the trials after an adverse reaction in one of the participants. Meanwhile, global oil benchmark Brent crude was trading 0.35 per cent lower at USD 39.97 per barrel. 

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Agencies
September 10,2020

Mumbai, Sept 10: Markets roared back to life on Thursday after two days of declines as Reliance Industries ratcheted higher on reports that the company is offering to sell a substantial stake in its retail arm to Amazon.

The 30-share BSE Sensex soared 646.40 points or 1.69 per cent to finish at 38,840.32.

The broader NSE Nifty rallied 171.25 points or 1.52 per cent to close at 11,449.25.

Market heavyweight Reliance Industries surged to its lifetime high during the session after reports said the company has held discussions with Amazon for the retail arm stake sale.

The Mukesh Ambani-led firm is reportedly offering as much as 40 per cent stake in its retail subsidiary to Amazon, which is seeking to expand its presence in the Indian market.

On Wednesday, Reliance had announced that US private equity firm Silver Lake Partners would buy 1.75 per cent stake in its retail arm for Rs 7,500 crore.

RIL stock jumped 8.45 per cent to a record high of Rs 2,343.90 on the BSE on Thursday. The company's market valuation rose to Rs 14,66,589.53 crore (USD 199.64 billion) in late afternoon trade.

The stock finally ended 7.10 per cent higher, accounting for most of the Sensex's gains.

Asian Paints, Axis Bank, UltraTech Cement, IndusInd Bank and Bajaj Finance were among the other index gainers, spurting up to 4.25 per cent.

On the other hand, Tata Steel, Bharti Airtel, Kotak Bank, Titan and HDFC Bank closed in the red, shedding up to 2.24 per cent.

"Indian indices again had a strong showing today backed by strong gains in the shares of RIL, which alone contributed to more than half of the gains seen on Nifty. Suitors lining up for potential stake sale in Reliance Retail drove its gains today. Positive global cues also palyed a part in the broader positivity seen in the markets.

"European markets have turned cautious ahead of the ECB policy meeting happening today. Investors seems to have kept the simmering border tensions on the backburner for now and, in the absence of fresh triggers, will look at global markets and stock specific news for direction," said Vinod Nair, Head of Research at Geojit Financial Services.

BSE energy index rallied 6.26 per cent, followed by oil and gas, basic materials, industrials, finance and capital goods.

On the other hand, telecom and metal fell up to 1.42 per cent.

Broader BSE mid-cap and small-cap indices surged up to 1.27 per cent.

In rest of Asia, bourses in Shanghai and Hong Kong ended in the red, while Seoul and Tokyo closed higher.

Stock exchanges in Europe were trading on a mixed note ahead of the European Central Bank's policy decision.

Global oil benchmark Brent crude was trading 1.27 per cent lower at USD 40.27 per barrel.

In the forex market, the rupee strengthened by 9 paise to end at 73.46 against the US dollar.

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Media Release
September 11,2020

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Nagpur: American Oncology Institute (AOI) at Nangia Specialty Hospital has launched a new Breast Cancer Clinic to provide quality care with an affordable treatment plan. This service helps and support patients with any breast-related queries and ensures awareness of comprehensive breast cancer screening.

“Breast cancer is the most common cancer in women worldwide. Our clinic ensures, people understand the importance of regular cancer screening and benefit the state-of-the-art cancer treatment at an affordable cost. This will help us to treat patients sooner and with greater precision", says Dr. Amit Dhawan, Regional Director, American Oncology Institute, Nagpur.

As an introductory package, the Hospital is offering “Beat Breast Cancer Package”, which includes Clinical and Diagnostic examination (FNAC or biopsy, mammography or USG) for Rs 2000/- with free doctor consultation till September 30, 2020.

A strong team of doctors comprising of Surgical, Medical and Radiation oncologists, along with group of trained nurses ensures the patient receives the best medical care possible.

About American Oncology Institute:

American Oncology Institute is the leading cancer care provider across South Asia operating a chain of cancer hospitals in multiple cities across South Asia. AOI today is a wholly owned subsidiary of Varian Medical Systems (NYSE: VAR).

The team of clinical, paraclinical and healthcare operations experts pride themselves with the aim of closing the gap between standards of cancer care in South Asia and the developed cancer hospitals in the West. AOI provides comprehensive cancer management that is powered by clinical excellence, world class technology as well as best in class clinical pathways and protocols for treatment planning and execution, providing best in-class quality in cancer care across South Asia.

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