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From the Editor's Desk

Ikea seeks to disrupt itself before it is disrupted

World's largest furniture retailer rolls out a series of experiments that could uproot its business model

Just off Oslo's main shopping street lies an experiment at the heart of Ikea's attempts to disrupt itself before it is disrupted. Until recently the only way to experience Ikea was to travel to the outskirts of big cities, visit an enormous warehouse and transport the furniture home yourself to then spend hours assembling it.

All that is changing, and the Oslo planning studio is just one in a bewildering number of experiments encompassing everything from renting out furniture to students to selling second-hand sofas.

While at an early stage, the moves will provide a case study of a large company trying to rediscover the entrepreneurial spirit that brought it success. If scaled up, the experiments would potentially uproot a business model that Ikea has followed faithfully for seven decades.

Continued here

Editor's Note: We inadvertently had the wrong link to the article '41 of Google's Toughest Interview Questions' in yesterday's TradeBriefs International newsletter. Here is the correct link.

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RTGS payments to be available round the clock starting Dec 1. Check details here

Under the current rules, the transfers can be made between 7 am and 6 pm on all working days except for the second and fourth Saturday of the month and on Sundays

Today's TradeBriefs Cartoon

Will the new market share cap on UPI apps affect the user experience?

UPI has undoubtedly become the face of a cashless India. The use of this ingenious payment interface has made it possible to make swift and simple digital transactions. So it is hardly a surprise that as many as 2 billion UPI transactions took place in the month of October alone! In the midst of this exponential growth in the UPI industry, the National Payments Corporation of India (NPCI) has made a rather shocking announcement that has ruffled many feathers amongst Third-Party Apps like Google Pay and PhonePe.

Businesses get 4 months to implement QR code-based payment system

The government had also instructed tax officials to verify deemed GST registrations granted to business entities without Aadhaar authentication.

Personal data protection is essential to fully capitalise on the benefits of India's digital revolution: Cyble

/PRNewswire/ -- As an unfortunate flipside to the new data-fuelled World order, the growing digital interconnectivity has paved the way for greater...

Digital India’s regulatory paradox

By moving to censor online content, resorting to frequent internet shutdowns, government could end up stalling sector's innovation, growth.

Digital learning in govt higher educational institutions from 2020-21 academic yr

The Karnataka government on Monday said it has decided to implement Learning Management System (LMS) based digital learning in government higher educational institutions from the 2020-21 academic year.

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