India Archives - Page 7 of 38 -

11 Nov

German man orders kurta from Blinkit for office Diwali, CEO responds

Priyanka Bhowmick0 CommentsBusiness, IndiaBusiness, India

A Twitter user's post about ordering a traditional Indian dress for his German colleague from Blinkit caught the attention of the CEO of the fast-commerce platform. In a viral post, Twitter user Debarun Talukdar explained that a colleague in Germany visited their India office during the festive season and was surprised to see everyone wearing traditional Indian attire. The German employee did not realize that he was in the office for the annual Diwali Puja, which is why all his Indian colleagues were dressed in their traditional best. Not wanting to leave him out, the Company's Indian employees did something…

11 Nov

Torrent Gas Ltd appoints Manoj Jain as MD

Priyanka Bhowmick0 CommentsBusiness, IndiaBusiness, India

Former GAIL (India) Ltd chairman Manoj Jain has been appointed managing director of city gas operator Torrent Gas Ltd, the company said on Thursday. The board of Torrent Gas, which has licenses for the retail sale of piped natural gas to automobiles and piped natural gas to domestic and industrial use in 34 districts across the country, has appointed Jain as its managing director with effect from January 1, 2024, the company said in a statement. Earlier, Jain was the Chairman and Managing Director of GAIL (India) Limited from February 2020 to August 2022. "Jain is a seasoned business leader…

10 Nov

Zuckerberg vetoed teen safety measures

Priyanka Bhowmick0 CommentsBusiness, IndiaBusiness, India

A new lawsuit filed against Meta by the state of Massachusetts claims that Meta CEO Mark Zuckerberg dismissed concerns about Instagram's features negatively impacting users' mental health. According to the lawsuit filed Monday in Suffolk Superior Court, Zuckerberg and other members of Meta's leadership were asked to remove plastic surgery filters from Instagram and Facebook by 2019 because of concerns from mental health experts about the filters' negative mental health effects may affect young users, especially women. According to an internal email cited in the complaint, Instagram's then-policy chief allegedly pleaded with Zuckerberg to disable the filters, writing, "We're talking…

09 Nov

Govt asks travel aggregators to refund airfares for bookings during Covid lockdown

Priyanka Bhowmick0 CommentsBusiness, IndiaBusiness, India

The central government has asked all travel agencies to process pending consumer refunds from the Covid lockdown period by the third week of this month or face legal action. The deadline was fixed by the Central Consumer Protection Authority in a meeting chaired by Consumer Affairs Secretary Rohit Kumar Singh on November 8.The meeting led to the CCPA issuing refund notices to six online travel platforms - EaseMyTrip, Yatra, MakeMyTrip, HappyEasyGo, ClearTrip and Ixigo - and five travel agencies: Thomas Cook, Veena World, Keshari Tours, Neem Holidays and Mango Holidays. While Ixigo and Thomas Cook have cleared all their refunds,…

09 Nov

Amazon begins layoffs in music streaming division

Priyanka Bhowmick0 CommentsBusiness, IndiaBusiness, India

Amazon.com Inc. is cutting jobs at its music division, which includes the retail giant's audio streaming platform and digital storefront for music, as Chief Executive Officer Andy Jassy continues to cut costs across the company.The targeted jobs are in Amazon Music's editorial and audio content teams, said people familiar with the matter, who asked not to be named because the details are private. It's unclear how many locations were damaged. "Like many businesses, we are closely monitoring our organizational needs and prioritizing what matters most to customers and the long-term health of our business," an Amazon spokesperson said. "As a…

08 Nov

APSEZ sets record cargo volumes in October

Priyanka Bhowmick0 CommentsBusiness, IndiaBusiness, India

Adani Group's flagship Mundra port set another record by handling 16.1 million tonnes of cargo in October, the highest of any port in India, it said in a release.The country's largest port has handled 102 MMT of cargo so far this year, a year-on-year growth of 9 percent. The port crossed the 100 MMT mark in 210 days, surpassing last year's record of 231 days.Mundra for containers and liquids and gases witnessed double-digit growth year-on-year, said a press release issued on Sunday. Further, it achieved another milestone of handling 4.2 million twenty-foot equivalent (TEUs) containers in just 203 days, a…

08 Nov

Tata Group looking at selling off Voltas home appliance business

Priyanka Bhowmick0 CommentsBusiness, IndiaBusiness, India

Tata Group is considering selling Voltas Ltd's home appliance operations as the Indian company foresees difficulties growing the business in a competitive market, according to people familiar with the matter. Tata Group management is mulling the possibility of a sale and has not decided whether to include the local joint venture in a deal with Arcelic AS, the people said, asking not to be identified as the information is private.Considerations are at an early stage and the Tata group may decide to hold the asset for longer, the people said. A representative for the Tata Group declined to comment. Shares…

07 Nov

Amazon employee quits job instead of working from office, loses stocks worth Rs 1.7 crore

Priyanka Bhowmick0 CommentsBusiness, IndiaBusiness, India

An Amazon employee who worked in a remote role with the tech giant for nearly four years has decided to quit after being asked to return to an office in the US. In doing so, he had to part with $200,000 (roughly Rs 1.7 crore) worth of company stock, but John Schoenhoff (name changed) has zero regrets. Speaking to Business Insider, Schoenhoff said the return mandate at the company's office required him to move cities across the country, from New York to Seattle, giving up the dream life he was living. "I enjoyed my work at Amazon," Schoenhoff told the…

06 Nov

Reliance Jio launches JioMotive to turn normal car to ‘smart car’

Priyanka Bhowmick0 CommentsBusiness, IndiaBusiness, India

Reliance Jio has launched the JioMotive, a device designed to transform conventional cars into smart vehicles. Priced at Rs 4,999, the device gets features like location tracking and theft alerts. It is expected to provide a connected car experience, even for cars that don't have fancy features built-in. Many modern and expensive vehicles come equipped with internet connections. The same features can be accessed using the new JioMotive OBD adapter.This new device can provide insight into various aspects of their vehicle's performance, including location, engine health and driving performance. This new device will be helpful for new car owners of…

06 Nov

Elon Musk’s unveils ChatGPT rival ‘Gork’

Priyanka Bhowmick0 CommentsBusiness, IndiaBusiness, India

xAI Corp. on Saturday announced its first large-language generative AI model called Grōk (which means 'understands something intuitively') with the goal of building a "better AGI" (artificial general intelligence). The latest LLMT was developed by a group of engineers who are part of other major generative AI models such as OpenAI, Google and DeepMind. According to Elon Musk, xAI's Grōk is 'highly curious' and 'truly curious' compared to other language models. It is also called a truth-seeking artificial intelligence. He also said that Grōk requires substantial computing resources and is designed to be a helpful tool for consumers and businesses.…