India

18 Apr

Vedanta joins 20 Korean display firms for electronics manufacturing hub

Priyanka BhowmickBusiness, Indiaindia

Vedanta Group has signed a Memorandum of Understanding (MoU) with 20 Korean companies in the display glass industry to develop an electronics manufacturing facility in India. Vedanta was invited to a roadshow at the recently concluded Korea Biz-Trade Show 2023 event in collaboration with KOTRA – a state-funded trade and investment promotion agency run by the Government of South Korea - in collaboration with the Ministry of Trade, Industry and Energy of Korea. Akarsh K Hebber, Global MD, Semiconductor and Display Business, Vedanta, presented plans to set up a display fab in India. He invited potential partners and customers to…

18 Apr

EIL secures business worth over INR 4500 Crores

Priyanka BhowmickBusiness, Indiaindia

Engineers India Limited (EIL) on Monday said it has recorded significant growth in business in the financial year 2022-23 (FY2022-23). According to an official statement by EIL, it has secured business worth over Rs 4,500 crore (approx) in FY 2022-23. However, business worth Rs 1,700 crore was secured in FY 2021-22. Apart from other areas, the business secured from international assignments has seen a significant jump from less than Rs 50 crore to nearly Rs 600 crore in FY 2021-22. While maintaining its leadership position in the hydrocarbon sector, EIL has also acquired significant business in the infrastructure sector and…

17 Apr

Shobitam ropes on Vidya Balan as brand ambassador

Priyanka BhowmickBUSINESS, Entertainment, IndiaEntertainment, india

Shobitam, a D2C ethnic clothing brand, today announced actor Vidya Balan's Association as its brand ambassador. The company believes that this alliance will pave the way for customer acquisition with Indian expatriates both in India and globally, facilitating rapid growth. Speaking about the association, Aparna Thyagarajan, Co-Founder, of Shobitam, said, "We are delighted to have Vidya as our brand ambassador as we look forward to enhancing our brand connect with our customers around the world. Vidya is an influential icon who perfectly embodies saree drapes and resonates well with her real and intimate personality with the brand principles of Shobitam.…

15 Apr

Indians urged to stay indoors as Sudan army clashes with paramilitary troops

Business CorrespondentIndia, international

Indian citizens living in Sudan were asked to stay inside their house on Saturday afternoon as conflict continued in different parts of the country between the military and powerful paramilitary forces. The sound of firing was also heard in different areas. Sudan's paramilitary Rapid Support Forces claims to have seized an airport and air base in the northern city of Marawi and had also taken control of the presidential palace. “In view of reported firings and clashes, all Indians are advised to take utmost precautions, stay indoors and stop venturing outside with immediate effect. Please also stay calm and wait…

15 Apr

Fiama Men ropes in Shubman Gill as the brand ambassador

Priyanka BhowmickBusiness, BUSINESS, Indiaindia

men's personal grooming brand, Fiamma Men roped on Indian star batsman, Shubman Gill has been named as their brand ambassador. To encourage association with the 23-year-old's sensibilities, the company has also launched an ad campaign curated by Caffeine Films LLP, featuring Gill to show how youngsters are approaching their bathing routine. Sameer Satpathy, Divisional Chief Executive, Personal Care Products Business, ITC, said, "Both looking and looking good are at the core of today's grooming. Each person has a different perspective, be it his or her choice of grooming products or their shower preference. Fiama Men is at the forefront of…

15 Apr

Apple continuously expanding business operations in India, says Piyush Goyal

Priyanka BhowmickBusiness, Indiaindia

US-based iPhone maker Apple is slowly expanding its operations in India and the government is in regular touch with the company to support its Business, Commerce and Industry Minister Piyush Goyal. That's how the electronics industry works because they first set up a basic and then they're sourcing different components to add to their ecosystem, he said. "Apple is continuously expanding its operations in India… We are in constant touch with Apple, MeITY (Ministry of Electronics and Information Technology) is also in touch with them… We are holding their hands because in a way, the eyes of the whole world…

14 Apr

Pooja Hegde finally breaks silence on Salman Khan dating rumours

Priyanka BhowmickEntertainment, IndiaEntertainment, india

Bollywood superstar Salman Khan is rumored to be dating Pooja Hegde. The duo will soon be seen sharing screen space for the much-awaited film Kisi Ka Bhai Kisi Ki Jaan. Now while promoting the film, Pooja has finally addressed the rumors surrounding her love life. In an interview, Pooja clarified that she is currently single and focused on her career. She condemned the report saying, “What shall I say to it? I keep reading things about myself. I am single. I love to be alone. I am now really focused on my career. I'm hoping from one city to another,…

14 Apr

HCL tech digital business services head Anand Birje resigns

Priyanka BhowmickBUSINESS, Business, Indiaindia

Anand Birje, head of digital business services at IT company HCL Technologies, has resigned, the firm said on Thursday. Birje was from San Francisco. He has worked with HCL Technologies for the past 20 years. "Anand Birje, Head of Digital Business Services, has decided to leave HCL Technologies Ltd for another opportunity. Anand joined HCL Tech in Infrastructure Services Sales in 2003, led the D&A practice in 2017 and later became Head of Digital Business Services in 2021, " The company said in a regulatory filing. There have been several churns among top-level executives at Indian technology firms, including the…

13 Apr

Radisson’s luxury brand Radisson Collection arrives in India

Priyanka BhowmickBusiness, IndiaBusiness, india

Radisson Hotels Group on Wednesday announced its entry into India by signing its luxury lifestyle brand "Radisson Collection" at its first hotel in Hyderabad. The company says the 300-room hotel is close to the city's financial district, which houses business centers, IT parks and special economic zones (SEZ). The hotel will be operational by the second quarter of 2026. Launched worldwide in 2018, Radisson Collection is currently operating and developing more than 50 hotels across the UK, Germany, Italy, Spain and Türkiye.Ellie Younes, Executive Vice President and Global Chief Development Officer, Radisson Hotels Group, said, "India is one of our…

13 Apr

LG visual identity gets a new animated update

Priyanka BhowmickBUSINESS, Indiaindia

LG has unveiled a new logo with which its PC, TV and audio equipment will be branded on the front. Then again, this "re-vamped" icon still features the initials of the company logo ("Life's Good") with an added strategic dot that makes it look like a pretty little one-eye outline and mouth. On the other hand, traditional fonts, shadows, and depth impressions have been periodically omitted from this new version. In addition, it is now mounted on LG's "Active Red" signature color, in contrast to the burgundy button around the previous year. LG obviously hopes that this will give the…