India

Reliance Jio Registers 13% Rise In March Quarter Profit
22 Apr

Reliance Jio Registers 13% Rise In March Quarter Profit

Priyanka Bhowmick0 CommentsBusiness, India,
Reliance Jio, the country's largest telecom operator, on Friday reported a 13 per cent increase in net profit for the fourth quarter ended March 2023, the company said in a regulatory filing. In the one-year-ago period, Reliance Jio posted a net profit of Rs 4,173 crore. Its income from operations rose nearly 12 percent to Rs 23,394 crore in the reported quarter from Rs 20,945 crore in the March 2022 quarter.For the year ended March 31, 2023, the company's net profit rose nearly 23 percent to Rs 18,207 crore from Rs 14,817 crore in 2021-22. Annual income from operations rose…
Read More
Mesa School of Business raises INR 34 Cr startup leadership programme
21 Apr

Mesa School of Business raises INR 34 Cr startup leadership programme

Priyanka Bhowmick0 CommentsBusiness, India,
In a funding round led by Mesa School of Business Elevation Capital, INR raised Rs 34 crore with the participation of angel investors like Kunal Shah, Vidit Atre, Abhiraj Bahl and others. The startup is looking to deploy incoming funding to develop a curriculum and deliver it to a founding cohort of 60 students in partnership with startup leaders and potential future employers. Ankit Agarwal and Varun Limaye founded the Mesa School of Business in 2023 startup leadership began offering a 12-month, full-time PG program. At the end of the program, startups claim that students will get opportunities for leadership…
Read More
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…
Read More
Lux appoints Rakul Preet Singh as brand ambassador
20 Apr

Lux appoints Rakul Preet Singh as brand ambassador

Priyanka Bhowmick0 CommentsBusiness, Entertainment, ,
Rakul Preet Singh is a popular actress and is also known for her glamorous photo shoots. This slim beauty is a fitness freak and often shares her workout videos as well. Apart from fitness, she maintains her glamor very well. This woman is now Lux's new brand ambassador.Apart from fitness, she maintains her beauty very well. This woman is now Lux's new brand ambassador. Sharing the new one with her fans via social media, Rakul wrote, "Finally here! I am pleased to present LUX's new exfoliating range, Himalayan Essence. It's developed with 100% natural Himalayan oil, and is addictively aromatic…
Read More
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.…
Read More
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.
Read More
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…
Read More
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…
Read More
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…
Read More
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.…
Read More
Like Us
Follow Us
Subscribe Us
Follow Us