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Hans India

6 minutes ago

• Hans India

UIDAI plans to speed up children's Aadhaar biometric update through schools

New Delhi: The Unique Identification Authority of India (UIDAI) is poised to launch a nationwide initiative to expedite the biometric update of Aadhaar cards for children through schools in the next two months. The initiative aims to cover over 7 crore children whose biometric details have not yet been updated. UIDAI CEO Bhuvnesh Kumar said the authority is currently testing the technology and expects it to be ready in the next 45–60 days. The project will be rolled out in a phased manner, beginning with schools and later extended to colleges for the second round of updates, which are required for children who attain the age of 15 years. According to UIDAI guidelines, biometric updates become mandatory once a child is 5 years old. Children under 5 years are issued Aadhaar without biometric data. Failing to complete the Mandatory Biometric Update (MBU) before age 7 could result in deactivation of the Aadhaar number. Updates between ages 5–7 are free of cost, but a fee of Rs 100 applies after age 7. 'Aadhaar is crucial for delivering benefits under several government schemes. We want children to get all the benefits at the right time. Through schools, we are trying to reach as many children in a convenient manner," Kumar said. Meanwhile, UIDAI has reiterated the importance of completing the Mandatory Biometric Update (MBU) for children who have attained the age of seven but have not yet updated their biometrics in Aadhaar. This is an existing requirement under Aadhaar, and parents or guardians can update the details of their child at any Aadhaar Seva Kendra or designated Aadhaar centre. UIDAI has started sending SMS messages to the mobile numbers registered in the Aadhaar of such children for completing the MBU exercise. A child's Aadhaar Biometrics can be updated for free between ages 5 and 7. A child under the age of five enrols for Aadhaar by providing the photograph, name, date of birth, gender, address and documents of proof. However, the fingerprints and iris biometrics of a child are not captured for Aadhaar enrolment below the age of five because these are not mature at that age, according to an official statement. As per existing rules, therefore, fingerprints, iris and photo are mandatorily required to be updated in his/her Aadhaar when the child reaches the age of five years. This is called the first Mandatory Biometric Update (MBU), the statement explained.

Economic Times

6 minutes ago

• Economic Times

Avenue Supermarts' online sales jump 21% to Rs 3,502 Cr in FY25, losses widen amid expansion push

Avenue Supermarts, the operator of DMart retail chain, saw sales at its online grocery unit expand 21% in FY25 while losses widened as it expanded into new geographies. Sales for Avenue E-Commerce (AEL), its online subsidiary started eight years ago, was at Rs 3502 crore while net loss was Rs 247 crore, as per its latest annual report. The subsidiary, which runs DMart ready, had reported sales of Rs 2899 crore and a loss of Rs 185 crore in the previous fiscal year. "The nature of our industry and our job is to constantly compete, adapt and reinvent, all the time. It is literally war like. DMart Ready as an idea germinated to deliver to that ever-changing customer preference the same value through an alternate channel," said managing director Neville Noronha in its latest annual report. "We exist because we offer choice. We exist precariously as the customer has the choice to go to anyplace else – anytime, immediately, more so now by not even stepping out of their home, or even out of their chair."The company has so far invested about Rs 1138 crore in its online subsidiary to capitalise on the trend of consumers shifting to online buying especially during the this year, Avenue Supermarts, appointed Anshul Asawa to replace Noronha in February 2026, after he chose not to extend his contract more than two decades after he joined the supermarket chain. "Limited line control, maximum observability and strict governance has defined the DMart Way. I hope these principles are never compromised. What can be done can be fluid, knowing what should not be done is significantly more important. Leaders should not order, they should enable. Leaders know the least. Higher they are lesser they know. If retail is detail and retail is speed then the leader is the student, the subordinate is the teacher," said Noronha, Noronha, who owned around 1.94% stake in the company at the end of the March quarter, and is one of India's richest CEOs with its stake worth about Rs 5100 retail is estimated to have grown at 18% to Rs13 trillion while E-retail grew at 22% to Rs4.4 trillion. Of the total organised retail industry, the food and grocery segment accounts for about 29%.Unlike grocery startups Amazon and BigBasket, which rely on a delivery-based distribution model, DMart's online venture operates a hybrid model with delivery centres in areas where it has small stores from where customers can also pick up products they have ordered online.

Time of India

24 minutes ago

• Time of India

Avenue Supermarts' online sales jump 21% to Rs 3,502 Cr in FY25, losses widen amid expansion push

Avenue Supermarts , the operator of DMart retail chain, saw sales at its online grocery unit expand 21% in FY25 while losses widened as it expanded into new geographies. Sales for Avenue E-Commerce (AEL), its online subsidiary started eight years ago, was at Rs 3502 crore while net loss was Rs 247 crore, as per its latest annual report. The subsidiary, which runs DMart ready, had reported sales of Rs 2899 crore and a loss of Rs 185 crore in the previous fiscal year. Explore courses from Top Institutes in Select a Course Category Data Science Leadership healthcare Finance MBA PGDM Design Thinking Public Policy Degree Technology MCA Others Healthcare Project Management Cybersecurity Digital Marketing Management others Operations Management Data Analytics Artificial Intelligence Product Management Data Science CXO Skills you'll gain: Strategic Data-Analysis, including Data Mining & Preparation Predictive Modeling & Advanced Clustering Techniques Machine Learning Concepts & Regression Analysis Cutting-edge applications of AI, like NLP & Generative AI Duration: 8 Months IIM Kozhikode Professional Certificate in Data Science and Artificial Intelligence Starts on Jun 26, 2024 Get Details Skills you'll gain: Data Analysis & Interpretation Programming Proficiency Problem-Solving Skills Machine Learning & Artificial Intelligence Duration: 24 Months Vellore Institute of Technology VIT MSc in Data Science Starts on Aug 14, 2024 Get Details "The nature of our industry and our job is to constantly compete, adapt and reinvent, all the time. It is literally war like. DMart Ready as an idea germinated to deliver to that ever-changing customer preference the same value through an alternate channel," said managing director Neville Noronha in its latest annual report. "We exist because we offer choice. We exist precariously as the customer has the choice to go to anyplace else – anytime, immediately, more so now by not even stepping out of their home, or even out of their chair." The company has so far invested about Rs 1138 crore in its online subsidiary to capitalise on the trend of consumers shifting to online buying especially during the pandemic. Earlier this year, Avenue Supermarts, appointed Anshul Asawa to replace Noronha in February 2026, after he chose not to extend his contract more than two decades after he joined the supermarket chain. "Limited line control, maximum observability and strict governance has defined the DMart Way. I hope these principles are never compromised. What can be done can be fluid, knowing what should not be done is significantly more important. Leaders should not order, they should enable. Leaders know the least. Higher they are lesser they know. If retail is detail and retail is speed then the leader is the student, the subordinate is the teacher," said Noronha, Noronha, who owned around 1.94% stake in the company at the end of the March quarter, and is one of India's richest CEOs with its stake worth about Rs 5100 crore. Organised retail is estimated to have grown at 18% to Rs13 trillion while E-retail grew at 22% to Rs4.4 trillion. Of the total organised retail industry , the food and grocery segment accounts for about 29%. Unlike grocery startups Amazon and BigBasket, which rely on a delivery-based distribution model, DMart's online venture operates a hybrid model with delivery centres in areas where it has small stores from where customers can also pick up products they have ordered online.