India

22 May

The RBI Governor should not rush to change the 2000 note but rather instruct the bank to increase facilities

editorBusiness, India

2000 Rupee Note Withdrawal 2000 rupee note exchange will start tomorrow. RBI has issued guidelines to banks. It has been asked to increase the facilities keeping in mind the summer season. (Awakening - File Photo) A notice has been issued by the RBI regarding the exchange of Rs 2,000 notes, stating that the facility of exchanging Rs 2,000 notes will remain normal. Also, proper management of waiting areas and drinking water should also be done keeping in mind the bank summer as directed by RBI to the banks. Banks have also been asked by the central bank to collect daily…

21 May

India launches ‘Operation Karuna’ to assist cyclone-hit Myanmar

Business CorrespondentIndia, international

The neighbouring country of India, Myanmar witnessed a devastating cyclone Mocha. To help Myanmar from recovering the destruction, India launched ‘Operation Karuna’. Under this operation relief materials will be transported to cyclone hit country Myanmar. 3 Indian Navy ships carrying essential items have reached Yangon on Thursday and a fourth ship would be reaching on Friday, External Affairs Minister S. Jaishankar said on Twitter. “The ships are carrying emergency food items, tents, essential medicines, water pumps, portable generators, clothes, sanitary and hygiene items, etc,” Mr. Jaishankar said. India extended a hand of friendship to the people of Myanmar affected by…

20 May

Shah Rukh Khan to become Realme’s Brand Ambassador, Photo from Ad Shoot Leaked

Priyanka BhowmickBusiness, Entertainment, IndiaBusiness, Entertainment, india

Realme is apparently planning to rope in Indian superstar Shah Rukh Khan as its next brand ambassador. The news comes as the company prepares to launch its highly anticipated Realme 11 Pro series in the Indian market next month. As we get closer to the Realme 11 Pro series India launch, the Chinese smartphone maker has roped in popular Indian actor Shahrukh Khan as its brand ambassador. The news comes from a 91Mobiles report that was learned from industry sources. The report shared the leaked image, where we see the latest brand ambassador. Realme is expected to announce the arrival…

19 May

China became the world’s largest vehicle exporter

Priyanka BhowmickBusiness, BUSINESS, IndiaBusiness, india

China overtook Japan as the world's top auto exporter in the first quarter, driven by rising demand for electric vehicles and rising supplies in Russia.According to the China Association of Automobile Manufacturers, China's automobile exports for the January-March period increased by 58% from a year ago to 1.07 million units. According to the Japan Automobile Manufacturers Association, Japan exported 950,000 cars in the same quarter, up 6% year-on-year.Chinese auto exports continued this quarter. An industry group for passenger vehicles expects exports to grow 30% to 4 million units throughout the calendar year. Tesla China, Chery, Geely, SAIC, Great Wall Motors,…

19 May

Xiaomi India announces actor Pankaj Tripathi as its new Brand Ambassador for Redmi

Priyanka BhowmickBusiness, Entertainment, IndiaBusiness, Entertainment, india

Xiaomi India, a smartphone and smart TV brand, announced actor Pankaj Tripathi as the brand ambassador for its smartphone segment in India. With a focus on innovation, and user-centric design, Xiaomi has gained immense popularity among Indian consumers. The brand's commitment to deliver high-quality smartphones at honest prices resonates. Renowned for his versatile acting skills and relatable personality, Tripathi perfectly embodies Xiaomi's core values and philosophy. Known for its realistic portrayal and ability to connect with audiences, this association will further strengthen Xiaomi's bond with its customers, the company said in a press release. Tripathi said, “It's a pleasure to…

18 May

Alia Bhatt becomes the brand ambassador for Marico’s Nihar

Priyanka BhowmickBUSINESS, Business, Entertainment, IndiaBusiness, Entertainment, india

Nihar Naturals, Marico's hair oil brand is gearing up for a slow new massage as it seeks to further penetrate the eastern market which it dominates with its new brand ambassador Alia Bhatt. “There is a perception that Nihar is an east-dominant brand,” counters Somasree Bose Awasthi, Chief Marketing Officer (CMO), Marico. She claims that it is a market leader in the value-added hair oil segment and asserts that the brand is "very big in the Hindi-speaking market (HSM) as well." According to Marico's website, Nihar Natural has four variants: Nihar Natural Coconut Hair Oil, Nihar Natural Shanti Badam Amla,…

18 May

Flipkart head of new biz Adarsh Menon quits, group CEO Krishnamurthy rejigs team

Priyanka BhowmickBusiness, IndiaBusiness, india

Adarsh Menon who is the new business head and senior vice president of Flipkart has reportedly submitted his papers for his own new venture. After his exit, Flipkart CEO Kalyan Krishnamurthy plans to restructure the team, reports said. On the development front, Pranab Tiwari has also reportedly been appointed as SVP. Menon joined Flipkart from HUL in 2015. He took up his new role 10 months ago, leading new businesses such as Flipkart's ShopSee, RickCommerce and Cleartrip. Previously, he was SVP and head of Wholesale and Walmart India. Menon was made head of the business in July 2022 when senior…

17 May

India’s first Defence Mutual Fund launched by HDFC

Priyanka BhowmickBusiness, India, LifestyleBusiness, india

HDFC Asset Management Co Ltd on Tuesday announced the country's first mutual fund focus on the defence sector, a move that will allow investors to tap into the space's growth prospects. HDFC Defense Fund's New Fund Offer (NFO), an open-ended equity scheme, will open on May 19 and close on June 2, HDFC AMC said in a statement.The fund will invest at least 80 percent of its net assets in companies in the defense and allied sectors.Stocks in the defense and allied sectors include stocks that form part of aerospace and defense; Explosives, shipbuilding, and allied services. "In a multi-faceted…

17 May

Zoom invests in AI startup Anthropic in latest effort

Priyanka BhowmickBusiness, IndiaBusiness, india

Zoom has become the latest technology company to ride this year's wave of artificial intelligence (AI) integration. The video conferencing platform announced in a press release Tuesday (May 16) that it is partnering — and investing — with AI firm Anthropic. The collaboration will integrate Anthropic's AI assistant, Claude, with Zoom's platform, starting with Zoom Contact Center. “With Claude guiding agents toward trustworthy resolutions and powering self-service for end-users, companies will be able to take customer relationships to another level,” said Smita Hashim, chief product officer for Zoom, in the release. Working with Anthropic, Hashim said, furthers the company’s goal…

16 May

Swiss Beauty ropes on Taapsee Pannu as brand ambassador

Priyanka BhowmickBUSINESS, Business, Entertainment, India, LifestyleEntertainment, india

Actress Taapsee Pannu is happy and shocked by her own change. From boasting about a "super bodies" on an athletic wear brand billboard to achieving it after battling initial doubts, Taapsee says it's been an incredible journey. The actor took to Instagram and posted a video showing how he achieved the body. Taapsee said that she always wondered if it was possible for her to get such a body, especially since it is not "the whole and soul of my work". “I always saw super bodies on big athletic wear brand billboards and wondered if that’s really possible for someone…