India

24 Aug

‘Moon meetha karo’: Amul’s heartwarming salute to Chandrayaan-3 success wins internet

Business CorrespondentBusiness, India

India becomes the first country to land on Moon's South pole region, as the spacecraft Chandrayaan-3 safely reached a destination which it started on 14th of july. Celebrating the success, Gujarat-based dairy brand Amul, has designed an innovative image depicting an Amul girl who is dressed in a red polka dotted frock and holding an Indian flag in her right hand. "Moon meetha karo," reads the image caption, referring to Indians' habit of sharing desserts on every congratulatory occasion. "For launch and dinner," Amul added in another display of wordplay. Not just this, expressing their appreciation further, the Amul team…

24 Aug

WhatsApp to allow users to create groups without naming them: Reports

Priyanka BhowmickBusiness, IndiaBusiness, india

Meta CEO Mark Zuckerberg today announced a new feature for WhatsApp that allows users to create groups without names. In a recent Facebook post, Zuckerberg said the functionality could come in handy when you're in a rush and don't have the time or bandwidth to name a group. Also, a nameless group with up to 6 participants will now be dynamically named based on who is in the group. For example, if there are two participants in a group called 'Mat' and 'Lupin', WhatsApp will automatically label the conversation as 'Matt and Lupin'. WhatsApp explains that the feature protects user…

24 Aug

India may ban sugar exports for first time in 7 years: Reuters reports

Priyanka BhowmickBusiness, IndiaBusiness, india

India may ban sugar exports for the next season, which starts in October, due to reduced sugarcane yields due to insufficient rains, Reuters news agency reported, citing three government sources. The expected move follows a lack of rains affecting the top sugarcane-producing regions, with monsoon rainfall in Maharashtra and Karnataka 50 percent below average. The ban on Indian sugar exports, which has not happened in seven years, could push up global benchmark prices, raising potential inflation in global food markets. The prospect of such a decision comes as India faces concerns over food inflation, with retail inflation hitting a 15-month…

23 Aug

Tanker-Rolls Royce collide head-on near Gurugram, both in truck dead

Priyanka BhowmickAccident, Indiaindia

The collision was so strong that both vehicles caught fire, the oil tanker overturned and the driver and passenger were trapped and unable to escape. Two people died and four were critically injured when a speeding oil tanker collided with a luxury sedan on the Delhi-Mumbai Expressway in Urmi village of Nuh around 2 pm on Tuesday, police officials said. According to the police, the collision was so strong that both cars caught fire, the oil tanker overturned and the driver and passenger were trapped and could not escape. They burned in the fire, police said. According to the SP,…

23 Aug

Pencil maker DOMS files DRHP with SEBI to raise ₹1,200 crore via IPO

Priyanka BhowmickBusiness, IndiaBusiness, india

The public issue includes a fresh issue of shares worth Rs 350 crore and an offer-for-sale of Rs 850 crore by the promoters. FILA- Fabbrica Italiana Lapised Affini S.p.A. The company's corporate promoter, which holds 51 per cent shareholding, has offloaded shares worth Rs 800 crore through OFS, while domestic promoters Sanjay Mansukhlal Rajani and Ketan Mansukhlal Rajani will sell shares worth Rs 5 crore each. The Gujarat-based company, which manufactures and sells products under the DOMS brand, may consider a pre-IPO placement of Rs 70 crore before filing a red herring prospectus with the ROC. Once the pre-IPO placement…

22 Aug

Meta set to launch web version of Threads this week: Report

Priyanka BhowmickBusiness, IndiaBusiness, india

It's been over a month now since Instagram's reply on Twitter (at least that's what it said then). Called Threads, the app got off to a flying start but has now slowed somewhat in terms of daily users and time spent on the app. However, it looks like a web version of the app is coming soon, according to a report in The Wall Street Journal, a web app for Threads could be coming as early as this week. Instagram head Adam Mosseri pointed out last week that the web version is a bit of a gamble. "It's a bit…

22 Aug

BYJU’S top executive Cherian Thomas quits, joins US firm Impending as CEO

Priyanka BhowmickBusiness, IndiaBusiness, india

Cherian Thomas, senior vice-president at ed-tech firm Baiju, has left the firm and joined Impending Inc., the company behind apps like Heads Up, Clear, Classics, etc., as its CEO. Thomas, who has an excellent track record across consumer technology companies, as Impending's CEO will focus on building and scaling the product portfolio while strengthening and growing the global talent pool, the company said. He played an integral role in setting up US operations in Byju's. He was responsible for leading Osmo's business as a Byju's subsidiary with revenues of more than $100 million in FY21. He was Byjus' first international…

21 Aug

German minister uses UPI for payment at vegetable shop in India

Priyanka BhowmickBusiness, India, TechnologyBusiness, india

Germany's Federal Minister for Digital and Transport, Volker Weising, was able to feel the simplicity of UPI (Unified Payment Interface) payments at firsthand and was very "impressed" by the experience. On Sunday, the German Embassy in India took to X (formerly known as Twitter) to praise India's digital infrastructure, hailing it as one of the country's success stories. https://twitter.com/GermanyinIndia/status/1693162556918210966?s=20 The German Embassy in India shared videos and photos of Mr Wissing buying groceries and using UPI for payment. The accompanying caption read, "One of India’s success story is digital infrastructure. UPI enables everybody to make transactions in seconds. Millions of…

21 Aug

Influencer’s video about drink mix Tang goes viral

Priyanka BhowmickBusiness, IndiaBusiness, india

After Bournvita, influencer Revant Himatsingka claimed that the 'Tang' drink was not healthy as it contained 'unreasonable amounts of sugar'. Himatsingka, also known as Foodpharmer, earlier this year made a video on Bournvita, produced by Cadbury, a subsidiary of Mondelez International. He has, however, received legal notice for his claim on Bournvita. The Tang brand is owned by Mondelez International. https://www.instagram.com/reel/CwIAJOMNTXI/?utm_source=ig_web_copy_link&igshid=MzRlODBiNWFlZA== Now, in a new video posted on Saturday, the influencer claims that Tang is nothing more than 'flavored sugar powder' and that '93 percent of the product is sugar.' He also highlights the 'marketing ploy' that promotes the drink…

19 Aug

Jio launches Netflix subscriptions on prepaid plans

Priyanka BhowmickBusiness, IndiaBusiness, india

Reliance Jio has announced a new Jio prepaid plan that comes with a Netflix subscription. This is the first time a Netflix subscription is being offered with a prepaid plan. Jio is offering two plans that give users access to Netflix. Rs 1,099 plan that comes with validity of 84 days. The plan offers a mobile plan of Netflix (Mobile) which is priced at Rs 149 per month. Users will also get unlimited 5G data, 2GB/day data and unlimited voice calls with Jio welcome offer. 1,499 plan which comes with 84 days of validity. The prepaid plan offers Netflix's basic…