India

04 Apr

King Pipes gets Suniel Shetty

Priyanka BhowmickEntertainment, IndiaEntertainment, india

King Pipes, a pipe and fittings manufacturer, has roped in Bollywood actor Sunil Shetty as its brand ambassador. With this association, the company aims to create a face with broad national appeal and distinct personality for its target demographic by increasing its brand presence in the Indian market, a release said. "Sunil Shetty is a self-made celebrity, widely recognized as one of the most influential stars on both theatrical and OTT platforms. Likewise, King Pipes has a proven track record of providing high-quality plumbing solutions that prioritize water and environmental conservation since 1996. Rajesh Patel, Managing Director, King Pipes said.

03 Apr

SpiceJet Hives Off Cargo And Logistics Unit, Says Will Unlock Value

Priyanka BhowmickBusiness, Indiaindia

Airline SpiceJet has spun off its cargo and logistics division, SpiceXpress, into a separate entity, paving the way for the company to raise funds independently. The hive off is aimed at the airline's aim to grow its cargo business as well as provide a more streamlined and efficient service to customers. The separation took effect from April 1. The airline said the closure of hive would strengthen its balance sheet and erase a significant portion of its negative net worth and unlock significant value. The distress sale consideration will be exhausted by SpiceExpress through the issuance of securities including equity…

01 Apr

India reports 2,995 new Covid-19 cases

Priyanka BhowmickEntertainment, IndiaEntertainment, india

India has reported a slight drop in daily coronavirus infections. According to Union Health Ministry data updated on Saturday, the country registered 2,995 cases in the last 24 hours, taking the active caseload above the 16,000-mark. The number of people who have recovered from the disease has increased to 44171551, while the death rate has been recorded at 1.19 percent. This comes after the country recorded 3,095 new coronavirus cases in a day. Speaking to news agency ANI, Dr Arvind said, "Now that the tests have increased, so have the cases. But the good thing here is that the ones…

01 Apr

Faridabad couple quits printing business, now sells street food

Priyanka BhowmickIndiaindia

A food vlogger's video chronicling a couple's arduous journey selling rajma chawal has become the 'definition of reality' for several social media users. The clip begins with the vlogger revealing that he is selling rajma and kadi chawal in front of a small street stall in Faridabad. The person behind the camera starts asking the vendors about how their business going. The man, busy making an order, reveals that he had a printing press business before the lockdown. Unfortunately, his business going through huge losses during the Covid-19 pandemic. He was forced to close his business completely. After the COVID-19…

31 Mar

Swiggy Instamart head Karthik Gurumurthy to step aside

Priyanka BhowmickBusiness, Indiaindia

Karthik Gurumurthy, head of popular e-commerce service Swiggy Instamart, will step down at the end of April, the top executive confirmed in a LinkedIn post on Friday. Gurumurthy plans to go on a vacation. "I have loved being a part of this journey but it has been a tough journey with a lot of compromises in physical and mental fitness. I am planning to take a break now to come back fresh and build something (0-1), which I have. Like…live and playback those memories in 2020 and 2021,” his LinkedIn post read. He added, "Today the business continues to grow,…

27 Mar

Shatrughan Sinha thanked PM Modi for disqualifying Rahul Gandhi

Priyanka BhowmickEntertainment, IndiaEntertainment, india

Trinamool Congress (TMC) leader Shatrughan Sinha has criticized the Indian government over Rahul Gandhi's disqualification from the Lok Sabha. Sinha said the government's move showed insane decision-making skills but would provide ammunition to opposition parties. Sinha thanked PM Modi for the issue, saying it would not only protect democracy but also help the opposition win additional seats. He also said that Rahul Gandhi's incompetence has united the opposition parties. "Well, on the one hand, what they have done is seen as an example of perverted intelligence in destruction (under adverse conditions, people lose the ability to make sound decisions), but…

27 Mar

Dhakad Ram Bishnoi arrested in Jodhpur by Mumbai Police

Priyanka BhowmickEntertainment, IndiaEntertainment, india

A week ago, Mumbai Police beefed up security after Jordy Patel, an associate of Bollywood actor Salman Khan, received a threat through an email. His close friend Prashant Gunjalkar filed a complaint on the same and a case under IPC sections 506(2),120(b), and 34 was registered against gangster Lawrence Bishnoi, Goldie Brar and a man named Rohit Garg at Bandra police station in Mumbai. Now, Mumbai Police has arrested Dhakad Ram Bishnoi in Jodhpur in connection with the email threat case.Bishnoi, a resident of Siagon ki Dhani of Rohicha Kalan village under Jodhpur's Luni police station, was on bail in…

27 Mar

Air India To Soon Receive Its First-Ever Airbus A321neo Aircraft

Priyanka BhowmickBusiness, IndiaBusiness, india

Tata Group-owned Air India has received their first Airbus 321 Neo. The aircraft, registered by the name VT-RTD, took off from Germany's Hamburg for Indira Gandhi International Airport in New Delhi on Saturday. https://twitter.com/airindiain/status/1639914152025288704?s=20 "#FlyAI: We're thrilled to welcome our Airbus A321 Neo (VT-RTD). We look forward to welcoming you onboard!," Air India said on Twitter. For the first time, Air India has taken delivery of a single-aisle aircraft after its acquisition by the Tata Group

25 Mar

Rs 10,000 Crore Scam In Tanker Water Business to be probed

Priyanka BhowmickBusiness, Indiaindia

A major scam has come to light in Mumbai's tanker water supply business with operators allegedly stealing water worth Rs 10,000 crore. Minister Uday Samant assured the Legislative Assembly on Friday that an additional commissioner would be constituted by the Urban Development Department of the government to investigate irregularities in the tanker water supply. BJP MLA Adv Ashish Shelar informed the Assembly through a calling attention motion that a project aimed at ensuring 24x7 water supply in Mumbai was launched in two wards - Mulund and Bandra West. However, the project failed in both these places. Rs 150 crore was…

23 Mar

FM Sitharaman may meet CEOs of public sector banks amid global banking crisis

Priyanka BhowmickBusiness, Indiaindia

Union Finance Minister Nirmala Sitharaman is scheduled to meet managing directors of public sector banks (PSBs) on March 25 to review performance in the backdrop of several bank failures in the US and Credit Suisse's liquidity crisis, according to news agency PTI. Sources said the meeting will review the progress of banks in achieving the targets of various government schemes including Kisan Credit Card (KCC), Stand-Up India, Pradhan Mantri Mudra Yojana (PMMY) and Emergency Credit Line Guarantee Scheme (ECLGS) to help businesses affected by Covid-19. Notably, this is the first full review meeting after the presentation of Budget 2023-24 and…