india

Elon Musk has threatened to give away NPR’s handle unless it starts tweeting again
04 May

Elon Musk has threatened to give away NPR’s handle unless it starts tweeting again

Priyanka BhowmickBusiness, India,
Twitter chief Elon Musk has "threatened" to redistribute national public radio's(NPR) Twitter account to another company, the US-based broadcaster informed on Tuesday. Musk suggested he redistribute the network's original account under the @NPR handle to another company or individual, NPR reported. NPR stopped posting content on its 52 official Twitter feeds last month in protest over a Twitter designation that suggested government involvement in its editorial content. Musk, in an email to an NPR reporter, asked about his engagement with Twitter, the public broadcaster said. "So is NPR going to start posting on Twitter again, or should we reassign @NPR…
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Ajay Banga confirmed as the next President of World Bank
04 May

Ajay Banga confirmed as the next President of World Bank

Priyanka BhowmickBUSINESS, Business, world,
Ajay Banga, who on Wednesday became the next President of the World Bank, becoming the first Indian-American to head a global financial institution, said he looks forward to working with him when developing countries are facing tracking the most difficult development challenges. "The Executive Directors of the World Bank today elected Ajay Banga as the President of the World Bank for a five-year term beginning June 2, 2023," the bank said in a press statement. In February, President Joe Biden announced that the United States would nominate 63-year-old Banga to lead the World Bank because he is "well-equipped" to lead…
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 Go First suspends flights from May 3-5
03 May

 Go First suspends flights from May 3-5

Priyanka BhowmickBusiness, BUSINESS,
Cash-strapped Indian airline GoFirst has suspended flights from May 3 to May 5 to clear dues of oil marketing companies.The Wadia Group airline told the Directorate General of Civil Aviation that it would not be able to operate flights, sources said. Go First has been struggling with financial headwinds for a while. It has cash flow arrangements with oil companies.This means that the carrier has to pay for the fuel every day and is not getting any credit from the suppliers.At the heart of the crisis are Pratt & Whitney (P&W) engine problems and late lease payments that have resulted…
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Valentino Rossi signs as Yamaha Brand Ambassador
03 May

Valentino Rossi signs as Yamaha Brand Ambassador

Priyanka BhowmickBUSINESS, Business, Sports,
The nine-time Grand Prix motorcycle world champion joined Yamaha in 2004 and helped turn around form in the Japanese mark, winning the rear title.Rossi would win two more with Yamaha in 2008 and 2009 to take his premiership to Class 7 and finally end his MotoGP career with the mark at the end of 2021.The Italian had two spells with Yamaha, first from 2004 to 2009 and again from 2013 until the end of 2021, after two disappointing seasons with Ducati in 2011 and 2012. Of his 89 MotoGP race wins, Rossi has claimed 56 of them with Yamaha and…
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Shah Rukh Khan reacts as Aryan Khan’s luxury brand collection gets sold out 
02 May

Shah Rukh Khan reacts as Aryan Khan’s luxury brand collection gets sold out 

Priyanka BhowmickEntertainment, India,
Shah Rukh Khan's son Aryan Khan recently start his luxury streetwear brand D'YAVOL X. Although there were some objections to the high prices of his branded jackets and t-shirts, the collection sold out within hours! Aryan unveiled the collection on April 30 and his father SRK was seen actively promoting it. SRK and Suhana Khan were spotted wearing X-printed hoodies and t-shirts at the ongoing IPL matches. Not only this but Shahrukh Khan was also seen in Aryan's first ad for his own brand. SRK has now reacted to the brand selling all its products within a day. After the…
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Korean beauty brand Laneige announces Athiya Shetty as the brand face in India
02 May

Korean beauty brand Laneige announces Athiya Shetty as the brand face in India

Priyanka BhowmickBusiness, India,
Popular Korean skincare brand Laneige has announced Bollywood's millennial style icon, Athiya Shetty as its first brand face in India. She is mainly known for her stunning looks and impeccable fashion sense, she embodies the essence of Laneige's philosophy that makes her a natural fit for the brand. Athiya Shetty beautifully represents the Laneige values ​​of natural and sustainable beauty, bringing to life the brand's belief that everyone should shine with a unique inner and outer glow that is as distinct as their personality. As part of the association, Athiya will represent its lineage of skincare products including its popular…
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 Swiggy starts charging Rs 2 platform fee on food orders 
29 Apr

 Swiggy starts charging Rs 2 platform fee on food orders 

Priyanka BhowmickBusiness, India,
Process-backed food tech giant Swiggy has started charging all users a Rs 2 "platform fee" per order, regardless of cart value, as the company seeks to control its costs. The additional charge, initially introduced for users in cities like Bengaluru and Hyderabad, is currently being levied only on food orders and is yet to be introduced on quick-trade or Instamart orders. According to research, Swiggy is yet to introduce these charges in major cities like Delhi and Mumbai. The platform fee is for food delivery only. Whether they are Swiggy One customers or not, this is different from the handling…
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Airtel Ads Business Head Vignesh Narayanan quits his job
29 Apr

Airtel Ads Business Head Vignesh Narayanan quits his job

Priyanka BhowmickBusiness,
Vignesh Narayanan has stepped down as Business Head of Airtel Ads after holding the role for two years, a source familiar with the matter confirmed to Exchange4media. His last day is today, April 28. A replacement search has begun and third-party firms have been brought in to find a new CEOPreviously, Narayanan worked at MediaMath as Senior Director of International Media Partnerships at MediaMath. According to sources, he is moving to another media house.
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Netflix reportedly lost 1 million users in Spain
27 Apr

Netflix reportedly lost 1 million users in Spain

Priyanka BhowmickEntertainment, India,
According to a new study by market research group Kantar, Netflix's password-sharing crackdown cost Spain a million users in the first quarter of 2023. This translates to a decrease of about 15% of its total users.The streaming platform introduced the new system in Spain in early February, asking users for a €5.99 monthly fee to share their passwords with other households. According to Kantar, this is directly linked to the decline in the number of users in the country. Two-thirds of the one million users who log out of Netflix benefit from password sharing. One-third were actually paying for the…
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Godrej Consumer Products set to buy Raymond’s consumer care business
27 Apr

Godrej Consumer Products set to buy Raymond’s consumer care business

Priyanka BhowmickBusiness, India
Godrej Consumer Products is reportedly in talks with Raymond for its male grooming brands Park Avenue and Kamasutra condoms. The potential deal will give Godrej Consumers a big game in the categories of men's personal care and sexual wellness. The Sinhania family-backed Raymond has been trying to isolate his consumer care business for more than two years, the Economic Times reported, citing people familiar with the matter. Godrej Consumer Products had acquired hair care brand bBlunt in the past but if the deal goes through, it will be the first major deal with an Indian brand. Last year, direct-to-consumer firm…
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