In a bold move to enhance user engagement and tap into the booming gaming industry, LinkedIn, the world’s leading professional networking platform, is set to venture into the realm of gaming. With a staggering user base exceeding 1 billion worldwide, LinkedIn aims to leverage the addictive appeal of gaming to foster meaningful connections and interactions…
In a recent exchange of comments, Bhavish Aggarwal, the founder of Ola, India’s leading ride-sharing platform, has responded to statements made by Uber’s global CEO Dara Khosrowshahi regarding the competitive landscape in India’s ride-sharing market. Aggarwal’s rebuttal came after Khosrowshahi’s interview with a national daily, during which he emphasized Uber’s commitment to the ride-sharing business…
In a startling development that has sent shockwaves through India’s financial technology landscape, Paytm, the trailblazing digital payments company, finds itself ensnared in a serious crisis. The Reserve Bank of India (RBI) has dealt a significant blow to Paytm’s banking division, ordering it to halt all services due to alleged “persistent non-compliance” with regulatory standards….
As the nation eagerly awaits the unveiling of Budget 2024, speculations and expectations are running high, particularly concerning potential alterations to the tax structure that could impact millions of taxpayers. Reflecting on the trajectory of recent budgets, the fiscal decisions of the government have been pivotal in shaping the financial landscape for individuals across the…
In a visionary outlook for India’s automotive industry, Maruti Suzuki Chairman R.C. Bhargava predicts that the country is poised to not only drive its manufacturing growth but also emerge as a key provider of automobile technology to the developing world. Despite India’s advantageous geopolitical position due to global diversification policies, Bhargava acknowledges that the manufacturing…
Ahmedabad In response to persistent demands for the reinstatement of pre-COVID fare concessions for senior citizens and journalists, Railway Minister Ashwini Vaishnaw addressed the matter during a visit to Ahmedabad to oversee the progress of the bullet train project. While he did not directly address the restoration of specific concessions, Vaishnaw emphasized that every train…
In a strategic move aimed at fortifying its leadership team, Ace Turtle, a prominent player in the fashion and apparel industry, has announced the appointment of Pradeep Mukim as its Chief Commercial Officer. This key role will see Mukim spearheading the sourcing function and outlet business while steering strategic initiatives for Ace Turtle, a…
In a significant boost to the Indian automotive industry, retail sales of passenger vehicles (PV) surged by 11% year-on-year in the calendar year 2023, reaching an impressive 38.60 lakh units. This positive momentum was fueled by robust demand for Sport Utility Vehicles (SUVs), coupled with strategic year-end promotions and the introduction of enticing new…
In a significant development, Tata Coffee and Tata Consumer Products are set to merge with Tata Consumer Products, with the amalgamation taking effect on January 1. This move, part of a larger reorganization plan, has sent stocks soaring, with Tata Coffee and Tata Consumer hitting fresh 52-week highs. Tata Coffee witnessed a remarkable surge,…
In a significant development, the government has appointed renowned economist and former Vice-Chairman of Niti Aayog, Dr. Arvind Panagariya, as the Chairman of the 16th Finance Commission. The announcement, made on December 31, underscores the government’s commitment to bringing seasoned expertise to the forefront of financial decision-making. The Union Cabinet, chaired by Prime Minister…
