CorporateCorner – February 2024

Listen to this article

ONDC and Chennai Metro Collaborate…

The Open Network for Digital Commerce (ONDC) has launched ticketing services of Chennai Metro on its platform. This move marks the first instance of a metro service in India becoming available on the ONDC Network.

Starting this month, commuters can effortlessly purchase single journey and return journey tickets through popular buyer apps on the ONDC Network, including Rapido, Namma Yatri, and redBus. Additionally, integration with Google Maps and PhonePe is in the pipeline, providing customers with more choices and enhancing overall convenience.

The successful integration was made possible through the collaboration between Chennai Metro Rail Limited (CMRL) and Yaary, the seller-side technology partner for metros on the ONDC Network. The seamless ticketing experience not only simplifies the purchasing process but also sets the stage for a holistic, multimodal transportation experience.

Koshy, MD & CEO of ONDC, expressed enthusiasm about this development and announced it is set to expand further, with other metro services like Kochi, Kanpur, Pune and more.

M A Siddique, Managing Director of CMRL, emphasised the significance of this partnership, stating, “by partnering with ONDC, CMRL is now completely opening up access to its ticketing application service, allowing a wide range of app developers to integrate their apps with the CMRL ticketing system.”

Latest

Survey sees TN grow at 8% + in distributed way

The Economic Survey was prepared by the State Planning...

United Forum of Bank Unions serves one-day strike notice

Ostensibly, the strike move is to demand, among other...

Gemini Edibles & Fats form JV with Sree Annapoorna Foods

The new joint venture - GEF Foods India Pvt....

NCLT clears process for merger of TVS Investments with TVS Electronics 

TVSIPL was incorporated on August 31, 2018, as a private...

Newsletter

Don't miss

Survey sees TN grow at 8% + in distributed way

The Economic Survey was prepared by the State Planning...

United Forum of Bank Unions serves one-day strike notice

Ostensibly, the strike move is to demand, among other...

Gemini Edibles & Fats form JV with Sree Annapoorna Foods

The new joint venture - GEF Foods India Pvt....

NCLT clears process for merger of TVS Investments with TVS Electronics 

TVSIPL was incorporated on August 31, 2018, as a private...

Unifi Mutual launches hybrid fund

The scheme is ideally suitable for investors looking for...

Survey sees TN grow at 8% + in distributed way

The Economic Survey was prepared by the State Planning Commission. This growth number comes on the back of a solid foundation built by pursuing inclusive...

United Forum of Bank Unions serves one-day strike notice

Ostensibly, the strike move is to demand, among other things, the following. * Adequate recruitment in all cadres. * Regularisation of all temporary employees. * Implementation of a 5-day...

Gemini Edibles & Fats form JV with Sree Annapoorna Foods

The new joint venture - GEF Foods India Pvt. Ltd. - will  make and distribute masalas, meal mixes and the like. Following the formation of...