india

23 Feb

Mokshada Choudhary: A 15-year-old rising star in sports, writing, and more!

Priyanka BhowmickIndia, Lifestyle, Person, Sportsindia

In the vibrant tapestry of achievements, Mokshada Choudhary, a 15-year-old prodigy, emerges as a beacon of inspiration, leaving an indelible mark across diverse domains. Born into a family with a strong military heritage, Mokshada, the daughter of an Indian Army officer, is currently navigating the academic landscape in Class XI at DPS School. Her remarkable achievements span sports, literature, music, social work, and economic analysis, showcasing a remarkable depth of talent. Mokshada's prowess in sports shines brightly, especially in fencing, where she has carved a niche as a national-level player. Her ranking as Reserve No. 1 for the Asian Games…

25 Jan

Ranbir Kapoor’s ‘Animal’ to release on Netflix on 75th Republic Day

Priyanka Bhowmickbollywood, IndiaEntertainment, india

Netflix is gearing up to release the extended cut of Ranbir Kapoor's movie "Animal" as the legal dispute between co-producers CINE 1 Studios and T-Series is settled. The Delhi High Court was informed of the agreement, putting an end to the alleged breach of contract. CINE 1 Studios initially tried to delay the OTT launch citing violations related to equal ownership and certain rights. Ahead of the movie's theatrical release, it was reported that the Central Board of Film Certification (CBFC) had asked the makers to delete close-up shots of intimate scenes between the characters played by Ranbir and Tripti…

24 Jan

Zomato-backed Cult.fit lays off 150 employees: Report

Priyanka BhowmickBusiness, IndiaBusiness, india

Health and wellness platform Cult.fit (formerly Cure.fit) has laid off about 150 employees. This is the first layoff at the Bengaluru-based firm in three-and-a-half years. According to sources, the layoffs have affected employees across the department. "130-150 senior to mid-level employees were affected in the exercise," said a source requesting anonymity. Sources stressed that the layoffs are mainly to increase runways and cut costs. However, the company has denied any such reasons. A company spokeswoman said in a statement that it had "reduced some redundant positions to streamline operations." The move is part of a "regular annual operating planning process."…

19 Jan

Nayanthara breaks silence on ‘Annapoorani’ controversy

Priyanka BhowmickEntertainment, IndiaEntertainment, india

Nayanthara responded to the controversy over her film 'Annapurani' by issuing a 'sincere and sincere apology'. In a social media post on Thursday, the actor said, "In our sincere efforts to share a positive message, we inadvertently got hurt."Her note shared in English, Tamil and Hindi was titled 'Jai Sri Ram'. A Shiv Sena leader accused him of hurting 'the sentiments of the Hindu community' by commenting on Lord Ram in the movie. OTT platform Netflix, which streamed the movie, took it down when the controversy arose. In her note, Nayanthara expressed surprise at the turn of events. "We did…

17 Jan

Apple is removing the blood oxygen app from Apple Watch Series 9 and Ultra 2 in US

Priyanka BhowmickBUSINESS, IndiaBusiness, india

Apple Inc. It is considering removing the blood oxygen sensor from its latest smartwatches - the Series 9 and Ultra 2 - to get a US ban on the devices if an appeal against the decision fails. Apple is pursuing a bid to overturn a US ruling that blocked use of its technology. According to reports, the US Customs and Border Protection has approved the potential redesign of Apple Smartwatches Series 9, and Ultra 2 sans that blood-oxygen sensor. According to reports, US Customs and Border Protection has approved a potential redesign of the Apple smartwatch Series 9 and Ultra…

13 Jan

Citigroup to cut 20,000 jobs amid restructuring

Priyanka BhowmickBUSINESS, IndiaBusiness, india

Citigroup plans to cut 20,000 jobs over the next few years as part of a corporate restructuring designed to boost profits and return cash to shareholders, the U.S. bank said Friday.The downsizing came in a presentation released alongside the New York-based lender's fourth-quarter results in which it reported a big loss. The move would put the headcount at about 180,000 by the 2026 deadline, down from 240,000 at the end of 2022 -- while also reflecting the expected spinoff of Citi's Mexico subsidiary, Banamex. Citi Chief executive Jane Fraser unveiled a corporate overhaul with five business lines instead of two.…

11 Jan

Sony’s India unit continues merger talks with Zee

Priyanka BhowmickEntertainment, IndiaEntertainment, india

Sony Group is actively engaged in talks to merge its Indian subsidiary with Zee Entertainment Enterprises, with ongoing talks scheduled until January 20, sources familiar with the talks said, according to a report in Nikkei Asia. Earlier reports indicated that Sony considered scrapping the deal due to disagreements surrounding the appointment of the CEO of the merged entity. However, the terms of the deal are still being negotiated, and Zee has issued a release refuting the media's claims. The merger agreement between Sony and Zee was signed in 2021, and was targeted for completion by the end of September next…

10 Jan

Starbucks aims to expand presence to 1,000 stores in India by 2028

Priyanka BhowmickBusiness, IndiaBusiness, india

Starbucks CEO Laxman Narasimhan, who was on a recent visit to India, announced some big plans for the brand in the country. Narasimhan announced an ambition to operate 1,000 stores in India by 2028 – or opening a new store every three days. "We will bring the signature Starbucks experience to more customers and communities, including drive-through and airport stores, and we will double our partner base," he said in a statement on social media. Starbucks currently operates over 390 stores across 54 cities in India in a 50:50 partnership with Tata Consumer Products since 2012. He also announced the…

09 Jan

Rich Indians lap up Rs 7,200 cr luxury homes in 3 Days

Priyanka BhowmickBusiness, IndiaBusiness, india

Despite the rise in real estate prices, several buyers in India are ready to pay for their dream homes. In the pre-formal launch sale of a luxury residential development worth around Rs 7,200 crore in Gurugram, Indians bought homes in just 72 hours. India's largest real estate developer, DLF, on Monday, announced the sale of the entire 1,113 luxury flats for Rs 7,200 crore in a project in Gurugram (DLF Prevana South) within three days of its pre-launch on strong demand from end-users and investors including NRIs. The new project is spread over 25 acres in Sectors 76 and 77…

08 Jan

Flipkart to lay off 5-7% workforce

Priyanka BhowmickBusiness, IndiaBusiness, india

Walmart-owned Flipkart has embarked on a retrenchment initiative that could reduce its total workforce by five to seven percent, according to a report in The Economic Times (ET). The move is part of the company's annual performance-based job cuts, which have been in effect for the past two years. The process is expected to be completed by March-April in line with the ongoing performance review and the end of the current financial year. The e-commerce giant, with 22,000 employees (excluding Mintra), has been proactively managing costs, including adding new hires over the past year. Currently, the company is finalizing a…