india

India’s first Defence Mutual Fund launched by HDFC
17 May

India’s first Defence Mutual Fund launched by HDFC

Priyanka BhowmickBusiness, India, Lifestyle,
HDFC Asset Management Co Ltd on Tuesday announced the country's first mutual fund focus on the defence sector, a move that will allow investors to tap into the space's growth prospects. HDFC Defense Fund's New Fund Offer (NFO), an open-ended equity scheme, will open on May 19 and close on June 2, HDFC AMC said in a statement.The fund will invest at least 80 percent of its net assets in companies in the defense and allied sectors.Stocks in the defense and allied sectors include stocks that form part of aerospace and defense; Explosives, shipbuilding, and allied services. "In a multi-faceted…
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Zoom invests in AI startup Anthropic in latest effort
17 May

Zoom invests in AI startup Anthropic in latest effort

Priyanka BhowmickBusiness, India,
Zoom has become the latest technology company to ride this year's wave of artificial intelligence (AI) integration. The video conferencing platform announced in a press release Tuesday (May 16) that it is partnering — and investing — with AI firm Anthropic. The collaboration will integrate Anthropic's AI assistant, Claude, with Zoom's platform, starting with Zoom Contact Center. “With Claude guiding agents toward trustworthy resolutions and powering self-service for end-users, companies will be able to take customer relationships to another level,” said Smita Hashim, chief product officer for Zoom, in the release. Working with Anthropic, Hashim said, furthers the company’s goal…
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Swiss Beauty ropes on Taapsee Pannu as brand ambassador
16 May

Swiss Beauty ropes on Taapsee Pannu as brand ambassador

Priyanka BhowmickBUSINESS, Business, Entertainment, India, Lifestyle,
Actress Taapsee Pannu is happy and shocked by her own change. From boasting about a "super bodies" on an athletic wear brand billboard to achieving it after battling initial doubts, Taapsee says it's been an incredible journey. The actor took to Instagram and posted a video showing how he achieved the body. Taapsee said that she always wondered if it was possible for her to get such a body, especially since it is not "the whole and soul of my work". “I always saw super bodies on big athletic wear brand billboards and wondered if that’s really possible for someone…
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Vedanta announces Sonal Shrivastava as its CFO
16 May

Vedanta announces Sonal Shrivastava as its CFO

Priyanka BhowmickBusiness, India,
Multinational mining company Vedanta has announced the appointment of Sonal Srivastava as its Chief Financial Officer (CFO) with effect from June 1, 2023. During her tenure, she will lead the mining chief's financial strategy she will also be responsible for accounting, tax, treasury, investor relations, financial planning and analytics while driving digitization and profitability. She will work with internal and external stakeholders to develop and deliver on business goals. Prior to joining Vedanta, Srivastava was working at Holcim Group. During her tenure at Holcim Group, she served as CFO of Asia Pacific, Middle East and Africa operations, according to a…
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Leopard kills 2-Year-Old in 3rd such incident in Amreli
15 May

Leopard kills 2-Year-Old in 3rd such incident in Amreli

Priyanka BhowmickBusiness, BUSINESS, Lifestyle
Five days after a child died in a leopard attack in an agricultural field in Amreli district, another child died in the same manner in the district on Saturday evening. One-year-10-month-old Manav Parmar was in the front yard of his house at 8:30 pm on Saturday when a leopard suddenly came out of the darkness and attacked the child, the family said. His father Govinda Parma is a Maldhari (shepherd). This is the third incident in a week in Amreli where children have been attacked. The latest incident happened on Saturday late at night when the child was sleeping with…
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GC ISOPURE appoints Gurleen Chopra as Brand Ambassador
13 May

GC ISOPURE appoints Gurleen Chopra as Brand Ambassador

Priyanka BhowmickBUSINESS, Entertainment, India,
After making her foray into cinema a few years ago, Gurleen has worked in some of the most successful films produced in the Hindi, Tamil, Malayalam, Telugu, Kannada Marathi, Bengali and Punjabi film industries over the years. She has worked in films in 8 languages ​​so far. If there's anything close to Guerlane's heart like acting, it's fitness. In her collaboration with renowned model and actor D. Randhawa, she is the brand ambassador of the protein brand GC ISOPURE. D. Randhawa is a famous fitness model and an upcoming Bollywood actor. The brand certainly couldn't find a more suitable ambassador…
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Lehar Footwears ropes Govinda as brand ambassador
12 May

Lehar Footwears ropes Govinda as brand ambassador

Priyanka BhowmickEntertainment, India,
Lehar Footwears Limited (Lehar) has announced that it has inducted Bollywood actor 'Govinda' as a brand ambassador to promote the company's products through electronic and print media advertising. Govinda is an actor, comedian, dancer and former politician who has appeared in more than 165 Hindi and Punjabi films and is one of the most popular and universally recognized celebrities in the second and third cities and other target markets. As part of this association, the artist will approve Leher's products, increasing the company's footprint across the country. Under the branding campaign, Lehar plans to go through outdoor marketing, print media…
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E-invoices must for businesses with 5 crore turnover a year
12 May

E-invoices must for businesses with 5 crore turnover a year

Priyanka BhowmickBusiness, BUSINESS, India,
The central government has notified lowering the threshold for e-invoicing from Rs 10 crore to Rs 5 crore after which it will be mandatory for small businesses to conduct business transactions through e-invoicing from August 1, 2023. In the exercise of the powers of the Central Goods and Services Tax Rules, 2017, the Government, on the recommendation of the Council, amended the notification. "In the said notification, effective August 1, 2023, for Rs 10 crore, Rs 5 crore will be substituted," it said.Phased implementation of e-invoicing has multiple benefits for the entire tax ecosystem, including improved compliance and enhanced collection,…
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Alia Bhatt named Gucci’s first Indian Global ambassador
11 May

Alia Bhatt named Gucci’s first Indian Global ambassador

Priyanka BhowmickBusiness, Entertainment, India, ,
After a successful Met Gala debut, actress Alia Bhatt has now become the first Indian World Ambassador to the Italian luxury fashion house Gucci. The luxury brand has roped in Alia Bhatt as its first Indian global ambassador and she will make her first appearance as a brand ambassador at the upcoming Gucci Cruise 2023 runway show in Seoul, South Korea. Actress Alia Bhatt has become the first Indian global ambassador to the luxury Italian fashion house Gucci. Alia, who made her successful Met Gala debut this year, will make her first appearance as the brand's ambassador at the upcoming…
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Law firm Luthra & Luthra founder Rajiv Luthra passes away at 67
11 May

Law firm Luthra & Luthra founder Rajiv Luthra passes away at 67

Priyanka BhowmickBUSINESS, India,
Luthra and Luthra, founder and managing partner of the Law Office, have died today. The last rites will be completed at Lodhi Crematorium at 12 noon. He was under treatment at Medanta Hospital for illness. A first-generation lawyer, Luthra founded the firm Luthra & Luthra in 1990. Describing a career and life rich with diverse experiences in a recent interview for Bar and Bench, he said, "I've had a very interesting career so far, and I've had very different, varied interests with very little connection. But everywhere, the connection was enjoyment; the connection was passion."
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