india

31 Mar

Swiggy Instamart head Karthik Gurumurthy to step aside

Priyanka BhowmickBusiness, Indiaindia

Karthik Gurumurthy, head of popular e-commerce service Swiggy Instamart, will step down at the end of April, the top executive confirmed in a LinkedIn post on Friday. Gurumurthy plans to go on a vacation. "I have loved being a part of this journey but it has been a tough journey with a lot of compromises in physical and mental fitness. I am planning to take a break now to come back fresh and build something (0-1), which I have. Like…live and playback those memories in 2020 and 2021,” his LinkedIn post read. He added, "Today the business continues to grow,…

27 Mar

Shatrughan Sinha thanked PM Modi for disqualifying Rahul Gandhi

Priyanka BhowmickEntertainment, IndiaEntertainment, india

Trinamool Congress (TMC) leader Shatrughan Sinha has criticized the Indian government over Rahul Gandhi's disqualification from the Lok Sabha. Sinha said the government's move showed insane decision-making skills but would provide ammunition to opposition parties. Sinha thanked PM Modi for the issue, saying it would not only protect democracy but also help the opposition win additional seats. He also said that Rahul Gandhi's incompetence has united the opposition parties. "Well, on the one hand, what they have done is seen as an example of perverted intelligence in destruction (under adverse conditions, people lose the ability to make sound decisions), but…

27 Mar

Dhakad Ram Bishnoi arrested in Jodhpur by Mumbai Police

Priyanka BhowmickEntertainment, IndiaEntertainment, india

A week ago, Mumbai Police beefed up security after Jordy Patel, an associate of Bollywood actor Salman Khan, received a threat through an email. His close friend Prashant Gunjalkar filed a complaint on the same and a case under IPC sections 506(2),120(b), and 34 was registered against gangster Lawrence Bishnoi, Goldie Brar and a man named Rohit Garg at Bandra police station in Mumbai. Now, Mumbai Police has arrested Dhakad Ram Bishnoi in Jodhpur in connection with the email threat case.Bishnoi, a resident of Siagon ki Dhani of Rohicha Kalan village under Jodhpur's Luni police station, was on bail in…

27 Mar

Air India To Soon Receive Its First-Ever Airbus A321neo Aircraft

Priyanka BhowmickBusiness, IndiaBusiness, india

Tata Group-owned Air India has received their first Airbus 321 Neo. The aircraft, registered by the name VT-RTD, took off from Germany's Hamburg for Indira Gandhi International Airport in New Delhi on Saturday. https://twitter.com/airindiain/status/1639914152025288704?s=20 "#FlyAI: We're thrilled to welcome our Airbus A321 Neo (VT-RTD). We look forward to welcoming you onboard!," Air India said on Twitter. For the first time, Air India has taken delivery of a single-aisle aircraft after its acquisition by the Tata Group

25 Mar

Rs 10,000 Crore Scam In Tanker Water Business to be probed

Priyanka BhowmickBusiness, Indiaindia

A major scam has come to light in Mumbai's tanker water supply business with operators allegedly stealing water worth Rs 10,000 crore. Minister Uday Samant assured the Legislative Assembly on Friday that an additional commissioner would be constituted by the Urban Development Department of the government to investigate irregularities in the tanker water supply. BJP MLA Adv Ashish Shelar informed the Assembly through a calling attention motion that a project aimed at ensuring 24x7 water supply in Mumbai was launched in two wards - Mulund and Bandra West. However, the project failed in both these places. Rs 150 crore was…

25 Mar

Amazon Business Unveils Exciting Deals for MSMEs

Priyanka BhowmickBusiness, BUSINESSindia

Amazon Business has launched the "Financial Year-end Sale" aimed at strengthening micro, small and medium enterprises (MSMEs) by delivering over 160 crore GST-enabled products to the top segments. The objective of this event is to enable B2B customers to complete all pending purchases, including great deals, before the end of the current financial year. Business customers can get up to 10% additional cashback across business-related categories like computers & accessories, electronic equipment, office products, office improvements, office kitchens, industrial & scientific etc. 25% cashback for first-time users in selected categories. Apart from this, customers will be able to enjoy business…

23 Mar

FM Sitharaman may meet CEOs of public sector banks amid global banking crisis

Priyanka BhowmickBusiness, Indiaindia

Union Finance Minister Nirmala Sitharaman is scheduled to meet managing directors of public sector banks (PSBs) on March 25 to review performance in the backdrop of several bank failures in the US and Credit Suisse's liquidity crisis, according to news agency PTI. Sources said the meeting will review the progress of banks in achieving the targets of various government schemes including Kisan Credit Card (KCC), Stand-Up India, Pradhan Mantri Mudra Yojana (PMMY) and Emergency Credit Line Guarantee Scheme (ECLGS) to help businesses affected by Covid-19. Notably, this is the first full review meeting after the presentation of Budget 2023-24 and…

23 Mar

Mukesh Ambani races past Gautam Adani as richest Indian

Priyanka BhowmickBusiness, BUSINESSindia

Reliance Industries (RIL) chairman and Asia's richest man Mukesh Ambani has become the only Indian among the world's top 10 billionaires, according to the Hurun Global Rich List released on Wednesday. Despite a 20 per cent decline in wealth, the RIL boss ranked ninth globally with assets of $82 billion, according to a report compiled by research platform Hurun titled 'The 2023 M3M Hurun Global Rich List' titled 'The 2023 M3M Hurun Global Rich List'. The billionaire has also retained the title of Asia's richest man for the third time in a row. The RIL chief celebrated 20 years at…

22 Mar

Snapdeal starts taking orders on ONDC

Priyanka BhowmickBusiness, IndiaBusiness, india

Bengaluru-based e-commerce company Snapdeal on Tuesday announced that it has started accepting orders through Open Network for Digital Commerce (ONDC). The Kunal Bahl-co-founded company went live earlier this month and has so far received orders from various parts of the country including Ajmer, Gurdaspur, Kakinada, Amravati, Aligarh, and Indore. The top product categories that gained the most traction were home and kitchen products including bed linen, towels, tableware, storage and serving sets, and kitchen appliances. Commenting on this development, Snapdeal Marketplace CEO Himanshu Chakrabarti said, “As we go live at ONDC, we want to reiterate our belief that enabling India's…

22 Mar

Revolt Motors appoints Pankaj Sharma as chief business officer

Priyanka BhowmickBusinessindia

RattanIndia's Revolt Motors, the country's largest-selling electric bike company, on Tuesday announced the appointment of Pankaj Sharma as Chief Business Officer. Sharma previously served as Ola Electric's India Head with responsibilities including sales, service, distribution, customer experience and go-to-market for the company. Sharma has nearly three decades of experience working in leadership positions at leading auto companies in the two wheeler, four wheeler and commercial vehicle segments with extensive experience in strategy, sales, marketing, servicing, customer experience, dealer development and digital transformation in automotive industry, the company said in a press release. Sharma was the National Business Head of Royal…