India

Snapdeal starts receiving orders through ONDC
22 Mar

Snapdeal starts receiving orders through ONDC

Priyanka Bhowmick0 CommentsBusiness, 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…
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RattanIndia’s Revolt Motors appoints Pankaj Sharma as Chief Business Officer
22 Mar

RattanIndia’s Revolt Motors appoints Pankaj Sharma as Chief Business Officer

Priyanka Bhowmick0 CommentsBusiness,
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…
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<a>India-Japan strengthen ties, renew cooperation on language and bullet train project</a>
21 Mar

India-Japan strengthen ties, renew cooperation on language and bullet train project

Priyanka Bhowmick0 CommentsBusiness, India,
India and Japan on Monday signed two documents in Japan renewing the memorandum of cooperation and exchange of notes on the 300 billion Japan International Cooperation Agency (JICA) loan for the Mumbai-Ahmedabad bullet train. At a special briefing by Foreign Secretary Vinay Kwatra on Japanese Prime Minister Fumio Kishida's visit to India, he said, "Two documents were signed on the side- the renewal of the MOC (Memorandum of Cooperation) in Japanese, mainly focusing on higher. level language education and the second agreement was the Mumbai-Ahmedabad high - 300 billion note exchange of JICA loan for the speed railway project.” Before…
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Bisleri will be ‘a business run by professionals’: Ramesh Chauhan
21 Mar

Bisleri will be ‘a business run by professionals’: Ramesh Chauhan

Priyanka Bhowmick0 CommentsBusiness,
Veteran industrialist Ramesh Chauhan informed on Monday that he has no plans to sell his packaged water business Bisleri International and is not in talks with any party to do so, three days after Tata Consumer Products Ltd called off their talks. Chauhan was in talks with Tata Consumer Products Limited (TCPL), the FMCG arm of the Tata Group, for about four months but the deal did not materialize. "We don't have any plans," Chauhan told PTI when asked if he has any plans now to sell Bisleri. However, when asked about media reports that his daughter Jayanthi Chauhan is…
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Luxor appoints Virat Kohli as brand ambassador
20 Mar

Luxor appoints Virat Kohli as brand ambassador

Priyanka Bhowmick0 CommentsEntertainment, India,
Luxor Writing Instruments Private Limited has announced a collaboration with Indian cricket legend Virat Kohli, who will serve as the company's brand ambassador. The partnership is aimed at enhancing Luxor's stationery brand appeal, especially among the youth market, and establishing Luxor as a leading stationery brand in India. Luxor, an Indian stationery brand, has partnered with Germany's Schneider Pen to launch a high-end range of creative writing instruments in India. The partnership between Luxor and Schneider Pen is expected to enhance the stationery brand's appeal, especially among the younger generation, and consolidate its position as a leading supplier of high-performance…
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Fiem Industries Ties Up with Gogoro India
20 Mar

Fiem Industries Ties Up with Gogoro India

Priyanka Bhowmick0 CommentsBusiness, India,
Fiem Industries has signed a Memorandum of Understanding (MoU) with Gogoro India (a group company of Gogoro Taiwan) to expand its product portfolio in the 2-wheeler Electric Vehicle (EV) segment.Besides the lighting and rear view mirror businesses, FIM Industries will manufacture hub motor assemblies, electric control units (ECUs) and motor control units (MCUs) for Gogoro. In terms of the MoU, Gogoro will provide manufacturing, quality and testing support for the new product line as well as technical know-how and other support in setting up manufacturing facilities. Fiem Industries sees a huge business potential in the 2-wheeler EV segment and is…
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Tata scrapped plans to acquire Bisleri
18 Mar

Tata scrapped plans to acquire Bisleri

Priyanka Bhowmick0 CommentsSikkim,
Tata Consumer Products (TCPL) has scrapped plans to acquire drinking water brand Bisleri International from the Ramesh Chauhan group. "The company wishes to update that it has now terminated discussions with Bisleri regarding a potential transaction and would like to confirm that the company has not entered into any definitive agreement or binding commitment in this regard," the Tata firm said in an exchange filing. "The above announcement is issued voluntarily to prevent any speculation in this regard," Tata said. There were reports that Bisleri was in talks to sell Bisleri for around Rs 6,000-7,000 crore. “The company had earlier…
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U.K. bans TikTok on government devices
17 Mar

U.K. bans TikTok on government devices

Priyanka Bhowmick0 CommentsEntertainment, India,
TikTok will be banned from UK government phones amid security concerns surrounding the Chinese-owned social media video app, Cabinet Office minister Oliver Dowden announced in Parliament on Thursday. The ban brings the U.K. in line with the U.S., Canada and the European Union (EU) and India — which banned TikTok entirely from the country, even as the company strongly denies sharing user data with the Chinese government. Mr Dowden told MPs that "there may be risks" in how government data and information is used by the app. "The security of sensitive government data must come first, so today we are…
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Alia Bhatt is the name of a successful businesswoman, whose Ed-e-Mama is now a Rs 150 crore brand
16 Mar

Alia Bhatt is the name of a successful businesswoman, whose Ed-e-Mama is now a Rs 150 crore brand

Priyanka Bhowmick0 CommentsEntertainment, India,
Everyone knows who is Alia Bhatt but few know that this actress is also a successful businessman. Bhatt's firm, Ed-A-Mama, is now a Rs 150 crore brand. Ed-a-Mamma caters to children aged 2-14 and has been operating since October last year. About the brand, Alia Bhatt said: "Ed-A-Mamma brings together two things that I care deeply about our planet and our children. So I decided to create a world that nurtures in children, the love of nature they fully know. That they certainly will. See what they love." Ed-a-Mamma is currently ranked as one of Myntra's top three brands in…
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Bank: Bandhan Group plans a foray into the insurance business
14 Mar

Bank: Bandhan Group plans a foray into the insurance business

Priyanka Bhowmick0 CommentsBusiness,
Bandhan Group is planning to enter the insurance business, people with knowledge of the matter told CNBC-TV18. The group plans to enter the general insurance business first, followed by life insurance, sources said. Officials from the Bandhan Group recently met the insurance regulator, expressing their intentions for the same. The group is looking at both organic and inorganic routes for this planned foray and is already in talks with many general insurance companies for a potential acquisition opportunity, according to the source. Bandhan Group officials recently met the insurance regulator, expressing their intentions. The group is looking at both organic…
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