India

09 Dec

Spotify’s CFO Paul Vogel is leaving the company

Priyanka BhowmickBusiness, IndiaBusiness, india

Spotify's chief financial officer will step down next year, according to the music streaming service, just days after announcing a third round of layoffs for 2023. In a statement announcing CFO Paul Vogel's departure, Spotify CEO Daniel Ek said the two 'came to the conclusion that Spotify was entering a new phase and needed a CFO with a different mix of experience.' Spotify said this week it would cut 17 percent of its global workforce, citing the need to cut costs and become profitable. About 1,500 people will lose their jobs, a spokesman confirmed to the Associated Press (AP). Shortly…

08 Dec

Junior Mehmood dies at 67 after a long battle with stomach cancer

Priyanka BhowmickEntertainment, IndiaEntertainment, india

Veteran actor Jr Mehmood is currently battling stage four cancer. His close friend Salam Kazi recently revealed that the actor was unwell for 2 months. After Johnny Lever met Jr. Mehmood at his Mumbai residence a few days ago, Jr. Mehmood's old friends and veteran actors Jeetendra and Sachin Pilgaonkar also visited his ailing friend on Tuesday at his residence to fulfill his last wishes. Speaking to Hindustan Times about his visit with junior Mehmood, Jitendra said he was there by his bedside but he did not recognize him. "He is in so much pain, he can't open his eyes.…

07 Dec

Kerala doctor dies by suicide over ‘dowry demand’

Priyanka BhowmickIndia, latestCrime, india

A 26-year-old doctor committed suicide in Kerala's Thiruvananthapuram, allegedly after her boyfriend refused to marry her as her family could not meet dowry demands. State Health Minister Veena George has ordered an inquiry into the death of Dr Shahana, who was pursuing a post-graduate course at the Department of Surgery, Government Medical College, Thiruvananthapuram. The police have registered a case against the lover under the Abetment to Suicide and Dowry Prevention Act. They recorded the statement of the woman's relatives. According to local media reports, Dr. Shahana lived with her mother and two siblings. His father, who worked in the…

06 Dec

Paytm to bring 10 mn sellers to ONDC by 2025 end: Vijay Shekhar Sharma

Priyanka BhowmickBusiness, IndiaBusiness, india

Vijay Shekhar Sharma, CEO and founder of Paytm parent One97 Communications, said on Monday that the company is considering bringing 10 million merchants by 2025 to the government-backed Open Network for Digital Commerce, adding that the firm has routed around 11.8 million customers from its products from the platform, news agency PTI reported. "Paytm's ecosystem is built around small merchants and our mission is to help small merchants and small businesses be part of the mainstream economy. We have done that through payments. We have paid new customers who want to get new customers. That's where ONDC comes in. We…

05 Dec

Byju’s founder pledges homes worth Rs 100 cr to pay salaries of staff

Priyanka BhowmickBusiness, IndiaBusiness, india

Byju Raveendran, the founder of Indian ed-tech company Byju's, pledged his home and those owned by his family members to raise money to pay his employees, Bloomberg News reported on Monday. The assets include two homes owned by the billionaire founder's family and an under-construction villa in the southern Indian city of Bangalore as collateral for a $12 million loan, the report said, citing people familiar with the matter. The surplus of funds will help pay the 15,000 employees of the troubled company's parent Think and Learn Pvt Ltd, the report added. The company is facing several setbacks, including investors…

04 Dec

Bajaj Chetak Urbane electric scooter launched at 1.15 lakh

Priyanka BhowmickBusiness, IndiaBusiness, india

Bajaj has relaunched the Chetak Urbane electric scooter in India. It now features a few changes compared to the previous version and here is what the updated Bajaj EV now offers. On the design front, the Chetak Urbane looks like the premium trim. It boasts round LED headlights, curvy body panels, a single-piece seat, and a flat floorboard. Chetak e-scooter's retro appeal is intact. However, it also gets a dash of modern features with the new TechPac. It offers urban model features such as heel hold, reverse mode, complete smartphone connectivity package that includes tamper alerts, OTA updates, and more.…

02 Dec

Salaar: Part 1 Trailer launch: Prabhas and Prithviraj in their fierce mode

Priyanka BhowmickEntertainment, IndiaEntertainment, india

Most Anticipated Trailer of the Year - 'Salaar Part 1 Ceasefire' is out now! Directed by Prashanth Neel, this movie stars Prabhas, Prithiviraj, Shruti Haasan, and Jagapathi Babuin in lead roles. The trailer was launched at 7:19PM and the trailer gives the audience a sense of action and thrills on screen. The 3 minutes 46 seconds long trailer gives fans a full thrill and the movie also depicts the friendship shared between the two friends. The runtime of the movie is 3 hours 47 minutes. Director Prashanth Neel revealed that he got the idea to make Salaar a few years…

02 Dec

Centre tightens grip against ‘dark patterns’

Priyanka BhowmickBusiness, IndiaBusiness, india

The government has banned the use of "dark patterns" — intentionally designed deception — by e-commerce and all other online platforms when selling products and services that manipulate customers and force them to sign up or buy products they don't mean or tempt them to buy more expensive products. The government has informed the adoption of this as an "unfair trade practice". Under the Consumer Protection Act, offenders can face fines and disciplinary action from the Central Consumer Protection Authority (CCPA) and can also be prosecuted before the Consumer Commission. In a Gazette Notice issued by the CCPA titled "Guidelines…

01 Dec

Celebs express happiness and pride on social media, appreciates rescue team that pulled out 41 trapped workers

Business CorrespondentIndia

Huge celebrations took place in the house of those workers who had spent their hard times in the collapsed part of Uttarakashi's Silkyara tunnel for 17 days. The team members of 22 agencies NDRF, BRO, Indian Army, Indian Air Force, NHIDCL, SJVNL, THFCL, RVNL, ONGC, Coal India and others worked hard under the rescue operation which was of 400 hours and finally succeeded in rescuing them safely on Tuesday night (28th December 2023). Actor Akshay Kumar took to Instagram to express his happiness and pride, commending and applauding the full hearted efforts of the rescue team engaged in this remarkable…

01 Dec

Priyanka Chopra sends flowers and a hand-written note for Vir Das on his Emmy win

Priyanka BhowmickEntertainment, IndiaEntertainment, india

Stand-up comic Vir Das on Thursday thanked Priyanka Chopra Jonas for her wishes on winning her International Emmy Award and praised the actor for opening doors for the rest of the Indian talent from around the world. On November 20, Vir Das became the first Indian to win an International Emmy for his Netflix stand-up special Veer Das: Landing in the Best Comedy category. The 41-year-old shared a congratulatory note and a picture of chopra jonas, founder of production house Purple Pebble Pictures. On the microblogging site X, Vir Das wrote, "Thank you @priyankachopra for the flowers and for every…