India

Amazon to expand office supplies business after pandemic sales surge in Europe
21 Apr

Amazon to expand office supplies business after pandemic sales surge in Europe

Priyanka Bhowmick0 CommentsBusiness, India,
In Europe, the business first launched in Germany in 2016, followed by Britain in 2018 and Italy, Spain and France in 2018.Amazon's business clients in the region include Centrica, Siemens Gamesa and ABB, the company said, and it offers IT and healthcare equipment and school products. Amazon declined to say which countries it would target next. It's spending time for European companies to buy things like office chairs, desks, paper and printer ink in bulk, Gagnon said, with the goal of winning contracts to supply them. The business offers potentially higher margins than Amazon's core consumer business, as it's cheaper…
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Malabar Gold & Diamonds gets Alia Bhatt as brand ambassador
20 Apr

Malabar Gold & Diamonds gets Alia Bhatt as brand ambassador

Priyanka Bhowmick0 CommentsBusiness, India,
Alia Bhatt becomes the brand ambassador of Malabar Gold and Diamonds, the world's sixth-largest jewellery retailer. The Bollywood star will bring a new global perspective to the brand as they establish their vision in new markets such as the UK, South Africa, Bangladesh, Egypt, Australia, Canada, Turkey and New Zealand, as well as strengthen their presence in existing markets. "Having witnessed their reception among the Indian and Indian sub-continental audiences, the huge success they have achieved abroad should be a source of great pride for us and I feel humbled to be a part of the Malabar family," Bhatt said.…
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Netflix is shutting down its original DVD business
19 Apr

Netflix is shutting down its original DVD business

Priyanka Bhowmick0 CommentsBusiness, Entertainment, India, ,
Netflix Inc. is shutting down its DVD rental business, the company said in a blog post-Tuesday, ending the service that began nearly 25 years ago. The streaming service said the DVD business has shrunk and that it will not be able to provide quality services. The company will send the last disc on September 29.Netflix, which was established in the year 1997, launched a DVD rental service a year later and would ship them with a red envelope that customers could use to return the discs to the company.
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Fire breaks out at commercial complex in Thane
19 Apr

Fire breaks out at commercial complex in Thane

Priyanka Bhowmick0 Commentsaccident, India
A major fire broke out at a commercial complex in Maharashtra's Thane city on Wednesday morning and was brought under control after 10 hours, officials said. Thane Municipal Corporation Regional Disaster Management Cell (RDMC) chief Avinash Sawant said at least 15 cars parked in the building were burnt and many offices were destroyed. He said that no casualty was reported. The fire broke out around 8.30 pm on Tuesday at the ground-plus-five-story Orion Business Park building, which houses around 90 shops and offices, including a private blood bank, and is located next to Cine Wonder Mall on Ghodbunder Road, officials…
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Vedanta Group signs pacts with South Korean glass companies
18 Apr

Vedanta Group signs pacts with South Korean glass companies

Priyanka Bhowmick0 CommentsBusiness, India,
Vedanta Group has signed a Memorandum of Understanding (MoU) with 20 Korean companies in the display glass industry to develop an electronics manufacturing facility in India. Vedanta was invited to a roadshow at the recently concluded Korea Biz-Trade Show 2023 event in collaboration with KOTRA – a state-funded trade and investment promotion agency run by the Government of South Korea - in collaboration with the Ministry of Trade, Industry and Energy of Korea. Akarsh K Hebber, Global MD, Semiconductor and Display Business, Vedanta, presented plans to set up a display fab in India. He invited potential partners and customers to…
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Engineers India secures business worth over ₹4,500 cr
18 Apr

Engineers India secures business worth over ₹4,500 cr

Priyanka Bhowmick0 CommentsBusiness, India,
Engineers India Limited (EIL) on Monday said it has recorded significant growth in business in the financial year 2022-23 (FY2022-23). According to an official statement by EIL, it has secured business worth over Rs 4,500 crore (approx) in FY 2022-23. However, business worth Rs 1,700 crore was secured in FY 2021-22. Apart from other areas, the business secured from international assignments has seen a significant jump from less than Rs 50 crore to nearly Rs 600 crore in FY 2021-22. While maintaining its leadership position in the hydrocarbon sector, EIL has also acquired significant business in the infrastructure sector and…
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Shobitam ropes on Vidya Balan as brand ambassador
17 Apr

Shobitam ropes on Vidya Balan as brand ambassador

Priyanka Bhowmick0 CommentsBusiness, India, ,
Shobitam, a D2C ethnic clothing brand, today announced actor Vidya Balan's Association as its brand ambassador. The company believes that this alliance will pave the way for customer acquisition with Indian expatriates both in India and globally, facilitating rapid growth. Speaking about the association, Aparna Thyagarajan, Co-Founder, of Shobitam, said, "We are delighted to have Vidya as our brand ambassador as we look forward to enhancing our brand connect with our customers around the world. Vidya is an influential icon who perfectly embodies saree drapes and resonates well with her real and intimate personality with the brand principles of Shobitam.…
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Apple continuously expanding business operations in India: Piyush Goyal
15 Apr

Apple continuously expanding business operations in India: Piyush Goyal

Priyanka Bhowmick0 CommentsBusiness, India,
US-based iPhone maker Apple is slowly expanding its operations in India and the government is in regular touch with the company to support its Business, Commerce and Industry Minister Piyush Goyal. That's how the electronics industry works because they first set up a basic and then they're sourcing different components to add to their ecosystem, he said. "Apple is continuously expanding its operations in India… We are in constant touch with Apple, MeITY (Ministry of Electronics and Information Technology) is also in touch with them… We are holding their hands because in a way, the eyes of the whole world…
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Myntra releases new ad film featuring Virat Kohli
14 Apr

Myntra releases new ad film featuring Virat Kohli

Priyanka Bhowmick0 CommentsBusiness, India,
Myntra recently added cricketer Virat Kohli to its list of brand ambassadors. The brand has launched the "Be Extraordinary Every Day" campaign featuring cricketers. In the 30-second ad film created for digital, TV and social platforms, Kohli is seen in a unique and never-before-seen avatar by the audience. He is waiting for his friend in a cinema hall, only to be amazed at her friend's improved stylish look, which makes the latter look like a star, realizing through branded fashion from Myntra.Talking about the announcement, Sundar Balasubramanian, CMO – Myntra said, "We are extremely happy to welcome Virat as our…
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Anand Birje resigns as digital business head of HCL Technologies
14 Apr

Anand Birje resigns as digital business head of HCL Technologies

Priyanka Bhowmick0 CommentsBusiness, India
Anand Birje, head of digital business services at IT company HCL Technologies, has resigned, the firm said on Thursday. Birje was from San Francisco. He has worked with HCL Technologies for the past 20 years. "Anand Birje, Head of Digital Business Services, has decided to leave HCL Technologies Ltd for another opportunity. Anand joined HCL Tech in Infrastructure Services Sales in 2003, led the D&A practice in 2017 and later became Head of Digital Business Services in 2021, " The company said in a regulatory filing. There have been several churns among top-level executives at Indian technology firms, including the…
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