India

02 May

Shah Rukh Khan reacts as Aryan Khan’s luxury brand collection gets sold out

Priyanka BhowmickEntertainment, IndiaEntertainment, india

Shah Rukh Khan's son Aryan Khan recently start his luxury streetwear brand D'YAVOL X. Although there were some objections to the high prices of his branded jackets and t-shirts, the collection sold out within hours! Aryan unveiled the collection on April 30 and his father SRK was seen actively promoting it. SRK and Suhana Khan were spotted wearing X-printed hoodies and t-shirts at the ongoing IPL matches. Not only this but Shahrukh Khan was also seen in Aryan's first ad for his own brand. SRK has now reacted to the brand selling all its products within a day. After the…

02 May

Korean beauty brand Laneige announces Athiya Shetty as the brand face in India

Priyanka BhowmickBusiness, IndiaEntertainment, india

Popular Korean skincare brand Laneige has announced Bollywood's millennial style icon, Athiya Shetty as its first brand face in India. She is mainly known for her stunning looks and impeccable fashion sense, she embodies the essence of Laneige's philosophy that makes her a natural fit for the brand. Athiya Shetty beautifully represents the Laneige values of natural and sustainable beauty, bringing to life the brand's belief that everyone should shine with a unique inner and outer glow that is as distinct as their personality. As part of the association, Athiya will represent its lineage of skincare products including its popular…

29 Apr

Swiggy starts charging Rs 2 platform fee on food orders

Priyanka BhowmickBusiness, IndiaBusiness, india

Process-backed food tech giant Swiggy has started charging all users a Rs 2 "platform fee" per order, regardless of cart value, as the company seeks to control its costs. The additional charge, initially introduced for users in cities like Bengaluru and Hyderabad, is currently being levied only on food orders and is yet to be introduced on quick-trade or Instamart orders. According to research, Swiggy is yet to introduce these charges in major cities like Delhi and Mumbai. The platform fee is for food delivery only. Whether they are Swiggy One customers or not, this is different from the handling…

27 Apr

Indefinite shutdown called in Shirdi from May 1 over CISF security deployment

Business CorrespondentEconomy, India

Shirdi, a major pilgrimage site in Maharashtra also known as the home of revered spiritual leader Sai Baba, will remain shut from 1st of May over CISF deployment at the Sai Baba temple, there is no fix date of it's opening until the matter is resolved. The shutdown of the temple has been decided by the administration of the respective temple. There has been protest against the government decision of deploying CISF to maintain the security of the temple. As per the reports of DNA, the temple authority claims that the CISF are not trained for the security of the…

27 Apr

Netflix reportedly lost 1 million users in Spain

Priyanka BhowmickEntertainment, IndiaEntertainment, india

According to a new study by market research group Kantar, Netflix's password-sharing crackdown cost Spain a million users in the first quarter of 2023. This translates to a decrease of about 15% of its total users.The streaming platform introduced the new system in Spain in early February, asking users for a €5.99 monthly fee to share their passwords with other households. According to Kantar, this is directly linked to the decline in the number of users in the country. Two-thirds of the one million users who log out of Netflix benefit from password sharing. One-third were actually paying for the…

27 Apr

Godrej Consumer Products set to buy Raymond’s consumer care business

Priyanka BhowmickBusiness, Indiaindia

Godrej Consumer Products is reportedly in talks with Raymond for its male grooming brands Park Avenue and Kamasutra condoms. The potential deal will give Godrej Consumers a big game in the categories of men's personal care and sexual wellness. The Sinhania family-backed Raymond has been trying to isolate his consumer care business for more than two years, the Economic Times reported, citing people familiar with the matter. Godrej Consumer Products had acquired hair care brand bBlunt in the past but if the deal goes through, it will be the first major deal with an Indian brand. Last year, direct-to-consumer firm…

26 Apr

Uttar Pradesh bags HUDCO award with cleanliness drive

Business CorrespondentIndia

Uttar Pradesh has been felicitated with the HUDCO award(2022-2023). It is given for the Best Practices to Improve the Living Environment. The state received an amount of rupees 1 lakh along with the award. Award was given to Neha Sharma, state(UP) mission director, during an event scheduled on the 53rd Foundation Day of the Housing and Urban Development Corporation Limited (HUDCO), in New Delhi, on Tuesday.

26 Apr

Nautica ropes on Aditya Roy Kapur as brand ambassador

Priyanka Bhowmickbollywood, Entertainment, IndiaEntertainment, india

Nautica, one of the leading global lifestyle brands, has announced renowned Bollywood actor and dapper heart-throb Aditya Roy Kapur as its new brand ambassador. Aditya Roy Kapur will front the new campaign that marks the arrival of Nautica's Spring Summer-23 collection for men. The brand enjoys a loyal customer base in metros, tier 1 and tier 2 cities and beyond. With Aditya Roy Kapur as the face of Natika's new campaign, the brand aims to create deep brand resonance with fashion-forward men aged 30-45 and establish itself as one of the leading men's fashion brands in the country.

26 Apr

Zomato shares jump 8% amid heavy trading volumes

Priyanka BhowmickBusiness, BUSINESS, Indiaindia

Zomato shares rose 8 percent in Tuesday's early session amid strong trading volumes and demand from traders on Broker Street. With the stock rising, the food delivery player has recovered a market capitalisation (M-cap) of Rs 50,000 crore. About 66.8 lakh equity shares worth Rs 39.36 crore exchanged hands on BSE till 10.30 am, higher than its two-week average trading volume, according to data from BSE. On the other hand, 9.78 crore shares worth Rs 577.03 crore were traded on the National Stock Exchange (NSE). Shares of Zomato jumped nearly 8 percent to 60.40 on Tuesday, but the stock gave…

25 Apr

Adani Ports starts $130 mln buyback of debt securities

Priyanka BhowmickBusiness, IndiaBusiness, india

Adani Ports and Special Economic Zones, a subsidiary of India's troubled Adani Group, on Monday announced a buyback program of certain debt securities. The move aims to partially repay the outstanding debt in 2024.Adani Ports disclosed in a filing to the stock exchange that it has issued a tender for outstanding loans of up to $130 million.The company is taking this step to boost investor confidence, as Adani Group shares were badly hit after a negative report by US short-sellers earlier this year.The report added, "The group is likely to start with the first tranche of anywhere between $250 million…