Use of IoT in Indian Cold Chain Logistics

Cold chain logistics is known to be a temperature-controlled supply chain. This solution can be extremely beneficial for businesses that deal with transportation and logistics. It tends to involve the transportation of temperature-sensitive products which require a certain temperature. Use of the Internet of Things (IoT) in cold chain logistics […]

S&P Global Ratings downgrades Axis Bank, Bajaj Finance’s ratings to ‘junk’

S&P Global Ratings on Friday lowered its ratings on Axis Bank and Bajaj Finance to ‘junk’ while highlighting the increased economic risks to India’s banks and financial institutions. The global ratings agency downgraded Axis Bank’s issuer credit rating to BB+/stable/B from BB-/negative/A-3 earlier; double-B category means bond falls in ‘junk’ category. “We […]