Business

26 Jun

Malabar Gold names NTR Jr as its brand ambassador

Priyanka BhowmickBusiness, BUSINESS, IndiaBusiness, india

NTR Jr. will be present at the brand's upcoming consumer campaigns across print, television and digital media. With this association, Malabar Gold aims to further expand its customer base and build a strong customer connectivity in Andhra Pradesh and Telangana region. Commenting on the association with NTR Junior, Malabar Group Chairman, MP Ahmed said in a statement, "We are excited to renew our time-test association with NTR Jr. He has emerged as one of the most widely acclaimed film stars in India across the region. His impressive personality will further enhance our brand offerings and help accelerate global brand acceptance…

24 Jun

Janasya ropes in Rashmika Mandanna as its brand ambassador

Priyanka BhowmickBusiness, IndiaBusiness, india

Janasya, a clothing brand, has announced the appointment of actress Rashmika Mandana as its brand ambassador. Through this collaboration, Janasya aims to appeal to India's young consumers by offering fashionable products at reasonable prices. Vinay Kanodia, co-founder of Janasya said, “We are excited to embark on this extraordinary journey with Rashmika Mandanna. Her impeccable sense of fashion and fashion-forward approach perfectly encapsulates our brand spirit. Together, we want to design a collection that is unparalleled and pushes the boundaries of modern fashion while capturing the spirit of Indian history." Commenting on the association, Rashmika Mandanna, said, “I have been an…

24 Jun

Singapore’s Grab slashes 1,000 jobs in biggest round of job cuts since pandemic

Priyanka BhowmickBusiness, InternationalBusiness, Entertainment

Singapore's ride-hailing company Grab is cutting about 1,000 jobs, or about 11 percent of its workforce. This is the biggest round of job layoffs by the Southeast Asian tech giant since the pandemic, when it laid off about 360 employees in 2020. Grab CEO Anthony Tan said the layoffs were not a "shortcut to profits" but part of a fundamental shift in the company's operating model and cost structure. He described the decision to lay off around 1,000 employees as a 'painful but necessary step'. In a letter to Grab staff, Tan wrote, “I want to be clear that we…

23 Jun

OLX Group fires 800 employees after shutting down OLX Autos in several regions

Priyanka Bhowmickaccident, India, InternationalBusiness, india

In the last few years, many big and small companies around the world have retrenched employees. In this series, the online marketplace OLX Group has announced plans to reduce its workforce globally and has laid off a large number of employees. The group has laid off around 800 employees worldwide. Let us tell you that OLX Group has business in 30 countries, including India, and its headquarters are in Amsterdam. According to a report in TechCrunch, after searching for potential buyers and investors, the company has started winding down operations of its automotive unit, OLX Auto, in the market. A…

20 Jun

After Kathmandu, Nepal’s Pokhara bans all Indian films

Priyanka Bhowmickbollywood, Entertainment, IndiaBusiness, Entertainment, india

Ever since its release, Om Raut's film 'Adipurush' has been trolled on social media. The dialogue of this film has created a lot of noise on social media, which has also created controversy. Due to this, the screening of Indian films has been banned in Nepal's capital Kathmandu. Kathmandu Mayor Balendra Shah passed the order on Sunday. It comes to know that after the release of the movie 'Adipurush' starring Prabhas, the complications started. Because in the dialogue of this movie, Sita is called the daughter of India. Three days ago, the mayor requested the director to remove the dialogue…

19 Jun

Shell India onboards actor Shahid Kapoor as the brand ambassador

Priyanka BhowmickBusiness, BUSINESS, IndiaBusiness, Entertainment, india

Shell Lubricants India roped on Bollywood actor Shahid Kapoor as its brand ambassador. The company also launched its new campaign titled 'Rukna Mushkil Hai', which aims to promote its range of motorcycle oils. According to the company, Kapoor being a motorcycle enthusiast himself, makes him a perfect choice to be the face of the brand in the country, where the manufacturer aims to bank on his following among the youth to grow its consumer base. According to the company, Kapoor being a motorcycle enthusiast himself, makes him a perfect choice to be the face of the brand in the country,…

19 Jun

Electric truck maker Nikola to lay off 270 employees

Priyanka BhowmickBusiness, IndiaBusiness, india

US-based electric truck maker Nikola has announced it will lay off 270 employees, or about 23 percent of its workforce, and limit its electric truck efforts in North America to conserve cash. According to the company, it will lay off 150 team members who were supporting the company's European programs, as well as 120 employees at the company's Phoenix and Coolidge, Arizona sites in the United States. After the cuts, there will be about 900 employees. The company said these reductions are expected to reduce employee-related cash costs by more than $50 million annually. "Our battery-electric truck is on the…

16 Jun

Koparo Ropes in Mira Kapoor as Brand Ambassador

Priyanka BhowmickBusiness, Entertainment, IndiaBusiness, Entertainment, india

Brand Koparo announced Mira Kapoor as the brand ambassador to promote safe and sustainable cleaning practices to premium households across India. D2C brand Koparo, a leading provider of non-toxic cleaning solutions for modern and premium homes, has announced Mira Kapoor as their brand ambassador. As the brand believes, Mira Kapoor is one of the most trusted voices in the health and wellness segment, a hands-on millennial mom who talks about wellness and is busy with tips for a healthy home environment. As part of this exclusive tie-up, Mira Kapoor will be endorsing Koparo's core products, including their innovative dishwashing liquid…

16 Jun

India’s Reliance to raise up to $2 billion to fund expansion, Bloomberg reports

Priyanka BhowmickBusiness, IndiaBusiness, india

Mukesh Ambani-led Reliance Industries is in talks with foreign exchange lenders to raise up to $2 billion in funds for the expansion of the oil-to-telecom firm, a report said on Thursday. Reliance plans to use India's dedicated external commercial lending route to secure loans, Bloomberg reported, citing sources. The facility can last between three and five years and a portion of the money will also be used for refinance of loans that mature in September, the report said. Bank of America, Citigroup and Standard Chartered are among the lenders involved in the loan talks, the report added. Reliance had said…

15 Jun

Honda now offers up to 10 years of warranty for bikes & scooters

Priyanka BhowmickBusiness, IndiaBusiness, india

Honda has launched a new extended warranty program called 'Extended Warranty Plus' for its motorcycles and scooters. As part of this program, customers can get an extended warranty of up to 10 years. The Extended Warranty Plus offers coverage up to 130,000 km and 120,000 km on 250cc motorcycles and scooters, respectively. The price of the 150cc-250cc model starts at Rs 1,317-1,667. The program offers flexible options depending on the age of the vehicle. Customers can purchase an extended warranty from 91 days to 9 years from any authorized dealership. The extended warranty covers routine maintenance, mechanical and electrical parts…