The company specializes in facilitating the bulk trading of excess and open-box inventory, as well as offering refurbished products. Recently, RDCEL announced the incorporation of a new subsidiary, Sustainquest Private Limited (SQPL), marking a significant development in its strategic expansion. RDCEL holds a 58% stake in the newly formed company, while the remaining 42% is owned by UTC Digital Technologies Private Limited (DIGI2L), an advanced digital platform provider.
Sustainquest Private Limited will focus on the wholesale distribution of preowned goods from renowned brands such as LG, Samsung, Godrej, and Croma. By utilizing DIGI2L’s robust technology platform, SQPL aims to streamline operations, enhance efficiency, and facilitate high-quality refurbishment processes for preowned white goods, including consumer durables, appliances, and electronics. As the technology partner for these leading brands, DIGI2L will enable efficient trade-ins, improving the ease and speed of transactions. This technological integration is critical to Sustainquest’s goal of delivering superior, sustainable products to the growing market for affordable, preowned goods.
Diese Geschichte stammt aus der September 13, 2024-Ausgabe von The Business Guardian.
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Diese Geschichte stammt aus der September 13, 2024-Ausgabe von The Business Guardian.
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LANDMARK VERDICTS BY CJI CHANDRACHUD
DY. Chandrachud, who served as the 50th Chief Justice of India, retired from his post on Friday. Here isa snapshot of some of the most significant verdicts that he delivered.
SBI's net profits soar 28% in July-September quarter
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Scalene Coffee Research Organization develops COPTERS
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HealthEdge expands employer presence in India
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HIT SIGNS MOU WITH GLOBAL CYBER UNIVERSITY
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MANAGEMENT CHANGES BEFORE AIR INDIA-VISTARA MERGER'
A head of the Air India and Vistara merger scheduled on November 12, the Air India Group on Friday announced a number of management changes.
India will develop complete solar manufacturing ecosystem in 4-5 years
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Same sex marriage not legal in India
LGBTQ COMMUNITY
Sabarimala Temple
On 28 September 2018, a 4:1 majority of the Supreme Court held that barring women of menstruating age from entering the Sabarimala temple was unconstitutional.
WHAT CJI SAID
Not every resource owned by an individual can be considered a material resource of a community only because it meets the qualifier of material needs.