Reliance Retail's JioMart, one of the country's leading e-marketplaces, has roped in Indian cricket icon, Mahendra Singh Dhoni as brand ambassador. "In addition, JioMart has re-branded its festive campaign to JioUtsav, Celebrations Of India, which will go live on October 8, 2023. The JioUtsav campaign emphasizes the inference that Dhoni has given the nation several occasions to celebrate but has missed being a part of them
With the launch of iPhone 15 models in India, the recently opened Apple stores in Delhi and Mumbai are seeing crowds of people, especially crazy iPhone lovers. The iPhone 15, is selling for ₹79,900 in India, iPhone 15 Pro is for ₹1,34,900 whereas the iPhone 15 Pro-Max is available at ₹1,59,900. Despite 'Made-in-India' iPhones are not cheap in India, as major parts are still imported, only assembled in India.
Courtesy: India Times
Alkem Laboratories on Friday appointed Vikas Gupta as the chief executive officer with effect from September 22, 2023, the company announced through an exchange filing. The board of directors made the appointment on the basis of the recommendation from the Nomination and Remuneration Committee. Duration of the contract shall be so long as he is in employment of the Company, the regulatory filing added.
Sonata Software, the leading Modernization Engineering company, has announced that Sharmila Sherikar has joined the organization as Senior Vice President and Head of Corporate Development, the company announced through an exchange filing. Sharmila has joined Sonata with more than three decades of industry experience in change management and corporate development programs. "We are delighted to have Sharmila join Sonata to catalyze our hyper-… read-more
Reserve Bank of India (RBI) is planning to extend wholesale Central Bank Digital Currency (CBDC) as a token for interbank borrowing or call money market, RBI sources said on Tuesday. The pilot in the wholesale segment, known as the Digital Rupee -Wholesale (e₹-W), was launched on November 1, 2022, with the use case being limited to the settlement of secondary market transactions in government securities.
The Securities Appellate Tribunal (SAT) has refused to provide interim relief to former Zee Entertainment CEO Punit Goenka in a SEBI case. On August 30, the media sources reported that the tribunal has given time to SEBI till September 4, asking them to file a reply on the matter. Furthermore, the next hearing will take place on September 8.
Courtesy: Business Today
A Bengaluru techie Riti Kumari rejected 13 job offers to do a six-month internship at Walmart and is now earning Rs 20 lakhs per annum. 21-year-old Riti received job offers from TCS, Infosys, and Wipro with an offered salary of Rs 17 lakh per annum, but she settled with Walmart, with Rs 85,000 stipend, following her instinct. She said, "I was happy when I received the Walmart internship offer."
Courtesy: News 18
India's Zomato reported its first quarterly profit on Thursday, helped by a tax gain and strong orders on its food delivery and quick commerce platforms. The company reported a profit of 20 million rupees ($241,861.37) for the quarter ended June 30. Zomato, which also runs grocery delivery service Blinkit, said consolidated revenue from operations rose 70.9% to 24.16 billion rupees in the first quarter.
Courtesy: Hindustan Times
In another layoff, Google has fired Director of News Ecosystem Development, Madhav Chinnappa, who worked at the Mountain View-based company for 13 years. After being laid off, Madhav wrote a long post about his time at Google, and thanked his teammates, colleagues. “I am on gardening leave at the moment. In the end, I am proud of what I have been able to achieve during 13 years at Google from
Courtesy: News 18
The rupee gained 14 paise to 81.67 against the US dollar in early trade on July 25, tracking the weakness of the American currency in the overseas market. However, a surge in crude oil prices capped sharp gains for the local unit, forex traders said. At the interbank foreign exchange, the domestic unit opened at 81.74, then touched a high of 81.67 against the American currency.
Courtesy: Press Trust of India