BUSINESS

21 Feb

Tata Group Retail Brand Zudio Acquires Mega Shop In Sector 70, Gurugram

Business CorrespondentBUSINESS

Tata Group's retail brand Zudio has entered into a lease agreement for a 22,000 square feet space at the Reach 3 Roads complex in Sector 70, SPR Road, Gurgaon, according to a statement from the company. This mixed-use commercial complex, establish by Reach Group, encompasses 2.5 acres and features Grade A construction with a variety of tenants including fashion, accessories, beauty and decor outlet Misbu, which occupies 2,500 square feet. Reach 3 Roads, described as an open-air neighborhood complex, contanis a number of prominent brands such as Samsung, ICICI, Imagine, Starbucks and Croma. It is located in a key residential…

16 Feb

Rajeev Chandrashekhar said Assam is soon going have a Rs 25000 crore semiconductor manufacturing plant

Business CorrespondentBUSINESS

Union Minister of State for Electronic and IT Rajeev Chandrashekhar today said Assam is soon going have a Rs 25000 crore semiconductor manufacturing plant, in what could be the single largest investment in private sector in the State. Speaking at the Digital India Future Skills Summit today, Chandrashekhar said the semiconductor facility proposal of TATA is being “actively evaluated” and assured the students that there will be no need for anybody from Northeast who has an aspiration to work in semiconductor space to go to other countries like Taiwan, USA etc after setting up of this plant. He further said…

15 Feb

Zomato’s Viral Valentine’s Day Post: ’16 Cakes on Different Addresses’

Business CorrespondentBUSINESS, Entertainment

The Valentine's Day craze took an unexpected turn in the world of social media as a post by Zomato sparked a excitement of tagging Taruns across Delhi. The post, which humorously acknowledged a person named Tarun from Delhi who had sent cakes to 16 different locations, quickly gained traction, leading netizens to playfully tag every Tarun they knew. Zomato shared a post that says, "happy valentine's day to Tarun from Delhi who has sent cakes to 16 different addresses today." Zomato is one of those companies that takes its social media game to the next level. They always post related…

15 Feb

Anant Ambani-Radhika Merchant’s Wedding Gifts Will Have Candles Made By Visually Impaired Artists

Business CorrespondentBUSINESS, Entertainment

Mukesh Ambani's youngest son, Anant Ambani, is all set to tie the knot with Radhika Merchant. After a year of courtship, the couple is all set to begin their pre-wedding celebration in Jamnagar, Gujarat. As per the sources Radhika Merchant and Anant Ambani's wedding favours will have candles made by visually impaired artisans. According to the latest reports, Radhika and Anant's wedding will be held in July 2024. It will be a grand marriage ceremony, and the family members are super busy taking care of the details. Between this, it was known that duo's wedding favours will have a candle…

15 Feb

Union Minister to inaugurate Digital Summit today

Business CorrespondentBUSINESS

Thought leaders and educators from at least four countries and honchos of some top IT firms and policymakers will be among over 1000 prominent participants who will brainstorm together at two back-to-back future skills conferences here which will seek to highlight the emergence of new opportunities for Northeastern youths in next-Gen cutting edge technologies with an aim to propel India into a technologically advanced future. Union Minister for State for Electronics and II, Skill Development and Entrepreneurship Rajeev Chandrashekar will inaugurate the day-long Digital India Future Skills Summit to be held at Guahati University tomorrow. The summit - first such…

13 Feb

PM Modi launches ‘Muft Bijli Yojana’, beneficiaries to save Rs 18,000 on electricity bills

Business CorrespondentBUSINESS

PM Narendra Modi on Tuesday announced the 'Muft Bijli Yojana' in an effort to bolster sustainable development and ensure the welfare of people by providing free electricity. The union government has allocated a budget of Rs 75,000 crores for the project which aims to provide access to light to every household by offering up to 300 units of free electricity every month. To familiarise the scheme among Indians, the government will incentivise Urban Local Bodies and Panchayats to promote the establishment of rooftop solar systems in their jurisdiction, PM Modi said. The government will also ensure that there is no…

12 Feb

RBI rules out review of action taken against Paytm Payments Bank

Business CorrespondentBUSINESS

RBI Governor Shaktikanta Das on 12 of February 2024(Monday) said there will be no review of the restrictions imposed on Paytm Payments Bank (PPB) for regulatory violations, as the decision was taken in the best interest of customers. The Governor further said that the frequently asked questions (FAQs) on PPB will be issued later during the week to answer customer issues related to FASTags, wallet, and depositors. On January 31, the RBI imposed restrictions on PPB citing 'persistent non-compliance and continued material supervisory concerns'. The RBI previously ordered PPB to stop most of its business, including deposits, credit products and…

11 Feb

Man Finds Worm ‘Crawling’ In Dairy Milk Chocolate, Cadbury Responds

Business CorrespondentBUSINESS

A man belonging to Hyderabad got a live worm crawling in a bar of Cadbury Dairy Milk Chocolate which he bought from a metro station in the city. Robin Zaccheus, took to X (formerly Twitter) to post a video along with the attached bill of the chocolate for which he had paid Rs 45 for, from Ratnadeep Retail store in Ameerpet metro station. "Found a worm crawling in Cadbury chocolate purchased in Ratnadeep Metro Ameerpet today. Is there a quality check for these near to expiry products? Who is responsible for public health hazards?" Mr Zaccheus wrote on Friday. https://twitter.com/RobinZaccheus/status/1755992192492122415?s=20…

11 Feb

Iconic Sugar Candy Brand Ravalgaon Acquired By Mukesh Ambani’s Reliance

Business CorrespondentBUSINESS

Mukesh Ambani led Reliance Industries Ltd's subsidiary Reliance Consumer Products Ltd has taken over the ownership of Ravalgaon Sugar Farm's iconic candy brands at a deal of Rs 27-crore. Ravalgaon Sugar Farm, which owns brands such as Choco Cream , Coffee Break, Paan Pasand, Tutty Fruity, Mango Mood and Supreme, has sold its trademarks, recipes, all intellectual property rights to Reliance Consumer, according to a regulatory filing on Friday. However Ravalgaon will continue to hold all other assets such as plant, land, property, equipment, building, machinery, etc., even after the completion of the proposed transaction. According to Ravalgaon Sugar, it…

08 Feb

Shaadi.com CEO Slams IndiGo For ‘Inhumane’ Treatment Towards Passengers

Business CorrespondentBUSINESS

Anupam Mittal the CEO of Shaadi.com and a judge on Shark Tank India, took to X to express his discontent with IndiGo Airlines for what he describes as "inhumane" treatment towards the passengers. Mittal's grievances stem from two separate instances of significant flight delays he faced while flying with the budget carrier. His first discontent aroused during a flight from Delhi to Mumbai, where passengers were left waiting on the tarmac for over 45 minutes without air conditioning, apparently to reduce costs. The second incident took place on his return journey from Mumbai to Delhi, where the delay extended to…