India

VinFast Auto starts shopping for land in India for EV plant
30 Oct

VinFast Auto starts shopping for land in India for EV plant

Priyanka Bhowmick0 CommentsBusiness, India,
Vietnamese electric vehicle (EV) manufacturer Vinfast Auto is looking for sites to set up a manufacturing facility in India and has reviewed two locations in Tamil Nadu, a report said. The team from Vinfast, which will start manufacturing EVs in 2021, visited sites in the Manalur region north of Chennai and Tuticorin, the state's southernmost district, sources said.The auto company is all set to evaluate plots in Gujarat soon, the report added. “VinFast is interested in Tamil Nadu and Gujarat as it needs a port. Tamil Nadu is an advantageous option for the company due to the state's east-west connectivity,"…
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India sets $800/tonne minimum export price on onions till end-December
30 Oct

India sets $800/tonne minimum export price on onions till end-December

Priyanka Bhowmick0 CommentsBusiness, India,
The price hike is being attributed to shortage in supply of kharif onion from the country's top producer Maharashtra, which is affecting other states as well.In just seven days, the price of onion at Apni Mandi in the city shot up by 100%, from ₹35 per kg on 23 October to ₹70 per kg on 29 October.Amid rising prices, the central government on Saturday imposed a minimum export price (MEP) of $800 per tonne (₹67 per kg) on ​​onion exports till December 31 to ensure domestic availability. “Onion export is free. A MEP of $800 FOB (Free on Board) has…
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Unfair air fares: Govt to meet airlines on November 8
27 Oct

Unfair air fares: Govt to meet airlines on November 8

Priyanka Bhowmick0 CommentsBusiness, India,
Amid a surge in consumer complaints against airlines, the government has called a meeting of these companies and online travel aggregators on November 8. The National Consumer Helpline run by the Department of Consumer Affairs (DoCA) has received thousands of complaints on a range of issues including delays in processing refunds after ticket cancellations, denial of boarding despite valid tickets and 'misleading claim practices' such as showing seats as paid. ' despite offering a mandatory web check-in service for free. According to government data, out of more than 10,000 complaints received against various airlines and travel facilitation portals in the…
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Daewoo to make comeback in India with electric vehicle
27 Oct

Daewoo to make comeback in India with electric vehicle

Priyanka Bhowmick0 CommentsBusiness, India,
Daewoo, a brand famous for selling cars like Matiz and Cielo in India, is gearing up for a grand comeback in the country with a range of power and energy products. However, unlike before, the South Korean brand will focus on the energy, power, electronics and electric vehicle (EV) sectors in its second innings in India. To further its objective, Daewoo has formed a strategic partnership with Kelwan Electronics & Appliances Pvt Ltd based in Gurugram. Initially, Kelwon will sell Daewoo-brand power and energy products for electric vehicles and two-wheelers. It plans to capitalize on the expanding market for electric…
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Google to manufacture Pixel smartphones in India
20 Oct

Google to manufacture Pixel smartphones in India

Priyanka Bhowmick0 CommentsBusiness, India,
Google announced on Thursday that it plans to start manufacturing Pixel smartphones in India. The search giant will manufacture the Pixel 8 in India and the first units are expected to be available in 2024. The company launched the Pixel 8 earlier this month in India and the global market along with the more premium Pixel 8 Pro model. The handset is powered by a custom Google Tensor G3 chip and a Titan M2 security chip. The phone has a dual rear camera setup and is claimed to offer up to 72 hours of battery life with Extreme Battery Saver…
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WhatsApp to introduce 2 account feature on single device
20 Oct

WhatsApp to introduce 2 account feature on single device

Priyanka Bhowmick0 CommentsBusiness, India, Sikkim,
Numerous corporate offices have adopted WhatsApp for their internal communications, appreciating its convenience and convenience. The challenge of distinguishing between personal and professional conversations has continued for some time. In a recent announcement, Mark Zuckerberg has unveiled a practical solution to this problem. He shared a Facebook post containing a screenshot of WhatsApp's account-switching feature, along with a caption anticipating the upcoming ability to manage two WhatsApp accounts within a single app on one's phone. The caption of the post reads, "Switch between two accounts on WhatsApp. Soon you will be able to have two WhatsApp accounts on one phone…
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TCS ends work from home, asks employees to stick to dress code
19 Oct

TCS ends work from home, asks employees to stick to dress code

Priyanka Bhowmick0 CommentsBusiness, India,
After restricting work from home for employees, Tata Consultancy Services (TCS) has now come up with dress code guidelines for employees. Dress code protocol must be strictly followed by associates representing the company on various client platforms, Mail said. TCS Chief Human Resources Officer Milind Lakkad said in his email that employees must follow this dress code policy while working from the office. "This is key to creating the right impression with global stakeholders. The dress code policy provides clear guidance on proper attire while performing official duties and responsibilities," read the email accessed by various media. TCS has asked…
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Dabur India’s units face lawsuits in US
19 Oct

Dabur India’s units face lawsuits in US

Priyanka Bhowmick0 CommentsBusiness, India,
Shares of Dabur Ltd fell sharply on October 19 on heavy volume after the company informed the stock exchange on October 18 of pending litigation against three US subsidiaries. According to the BSE filing, the cases are in the preliminary discovery stage of litigation and allege that a hair-relaxer product contains chemicals that can cause ovarian cancer, uterine cancer and other health problems. Lawsuits have been filed in both federal and state courts in the United States and Canada. Federal cases in the United States are consolidated as multi-district litigation, also called MDL. Dabur's subsidiaries Namaste, Dermoviva, and DINTL have…
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India to see record high business of Rs 4.25 lakh crore from 35 lakh weddings
18 Oct

India to see record high business of Rs 4.25 lakh crore from 35 lakh weddings

Priyanka Bhowmick0 CommentsBusiness, India,
According to a survey conducted by the research wing of the Confederation of All India Traders (CAIT), the wedding business is expected to register a record this year with around 35 lakh weddings and a turnover of around Rs 4.25 lakh crore, the highest ever. Traders across the country, including Delhi, are gearing up and preparing themselves for the upcoming wedding season, the first spell of which will begin from November 23 to December 15. "In Delhi alone, more than 3.5 lakh weddings are expected to take place this season, which could generate a business of around Rs 1 lakh…
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Freyr Energy secures 58 crores in Series B finance
17 Oct

Freyr Energy secures 58 crores in Series B finance

Priyanka Bhowmick0 CommentsBusiness, India,
Solar energy startup Freyr Energy has raised INR 58 Cr (approx. $6.9 million) in its Series B funding round led by EDFI ElectriFI. Snyder Electric Energy Asia Fund (SEEAA), Lotus Capital LLC, Maybright Ventures and VT Capital also participated in the round. Founded in 2014 by Radhika Choudary and Saurabh Marda, Fryer offers a range of smart solar grids for homes and businesses.The co-founders told Inc42 that the startup will use the new capital to meet growing demand, grow its team, and for product development and marketing. Marda said that solar energy penetration in India is currently less than 2%…
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