Government’s recent move to promote eco- friendly transportation system in India to sustain effects of climate change At a recent meeting, the GST council decided to reduce the tax rate of electric vehicles to 5 % from existing 12%, as an attempt to expedite the use of eco- friendly transportation in India. As per the […]
Hyundai to invest $200 million in India for e-vehicles
Hyundai Motors recently launched India’s first long range SUV e-car Kona. The company in a statement said that it is planning to invest $200 million in developing ‘new India’s’ e-vehicle platform. Talking about the e-platform, SS Kim – MD and CEO of Hyundai Motors, stated, “We are working on a (electric) platform, which would be […]
Dr. Bubbles to spread boundaries nationwide
After a visit to the South-eastern regions in August 2015, Mr. Sarkar launched his bubble tea brand along with his wife, Nafisa Sarkar. Driven by rising demand for non-alcoholic and non-carbonated drinks in India, he decided to open the first store of Dr. Bubbles only after doing proper research. He understood that in order to […]
Motorola to incline its focus towards growing business online
After having seen some rough times in the recent years in the Indian market, Motorola, Lenovo owned handset major, is now increasing its focus on growing its market online, a key official of the company said. “Our current focus is to grow the business in online space where we see opportunities. We do not require […]
Shweta Mangal Talks about Social Entrepreneurship and Women Empowerment at ‘Startup Grind’ Panel Discussion
Social Entrepreneur and Director at MUrgency Inc (a Global Emergency Response Network), Shweta Mangal participated for the second time in the startup grind talk SG Women Leaders Months 2019. She inspired the audience with her views on social entrepreneurship and women empowerment. Shweta believes in building social businesses which not only generate revenues but also […]
Patanjali Ayurveda all set for acquisition of Ruchi Soya
Patanjali is all set to become a major player in soybean oils and other products. Earlier this month Patanjali Ayurveda, the leading packaged consumer goods major, won Rs 4,325 crore approval to take over Ruchi Soya, a media report said. It is reported that Patanjali Ayurveda has approached the state-owned lenders to help fund Rs. […]
Sameer Singh appointed as Vice President of ByteDance India
Beijing ByteDance Technology Co Ltd (ByteDance), the well-known Chinese Internet technology company operating a number of machine learning-enabled content platforms and the owner of TikTok app, has appointed Sameer Singh as its Vice President, Monetisation (India). Serving as the CEO– South Asia at GroupM, Singh has quit the position to join ByteDance. As the Vice […]
Whats app informed about “Security Breach” on its platform.
WhatsApp reported that their users might be vulnerable to having malicious spyware installed on phones without their permission and suggested by Facebook’s WhatsApp to update the app after security breach. Security breach was confirmed by WhatsApp when it informed its lead regulator in EU, data protection commission, of a serious security vulnerability on WhatsApp platform. […]
Triumph India announces its entry into pre-owned Motorcycle Business
Leading British brand Triumph Motorcycles, India, is all geared to enter the pre-owned motorcycle business this year. The company will be mainly focusing on selling Triumph motorcycles using its pre-owned business. The bikes are to be sold through the existing dealerships. Triumph will service and refurbish the used motorcycles and provide a company-backed warranty scheme. […]
Paytm Mall to expand its back-end tech team, aims at Rs 10,000 crore business in a year
Paytm Mall, the online marketplace firm of Vijay Shekhar Sharma-led One97 Communications, is all geared for a comeback and is looking forward to expand its back-end tech team. It is aiming at Rs 10,000 crore in business in the upcoming year. As a matter of fact, the news has come amidst the reports of the […]