Author: News Desk
As Ayodhya emerges as a significant pilgrimage destination following the consecration ceremony of Lord Ram’s idol, the city’s culinary landscape is undergoing a unique transformation. Reports suggest that the American fast-food giant, Kentucky Fried Chicken (KFC), is gearing up to set foot in Ayodhya, albeit with a twist. In adherence to the city’s vegetarian-only policy, KFC will be required to offer exclusively vegetarian options, according to recent TV reports. Renowned worldwide for its delectable chicken offerings, KFC faces a challenge in Ayodhya’s devoutly vegetarian environment. However, the move underscores the brand’s commitment to respecting local customs and preferences as it…
Pure EV has recently introduced the X Platform 2.0 Limited Edition variants for its ePluto 7G, Pro, and Max models, promising an upgraded experience for electric scooter enthusiasts. This latest update aims to elevate speed capabilities and improve mileage, catering to the evolving needs of urban commuters. Building Upon the X Platform The X Platform 2.0 Limited Edition variants represent an advancement from the existing X Platform, incorporating 12 innovative features designed to enhance performance and user satisfaction. Notably, Pure EV has focused on optimising speed figures, particularly in the eco mode, where the scooter can now achieve speeds of…
Satya Nadella, the CEO of Microsoft, recently celebrated his ten-year anniversary at the helm of the tech giant. Taking over from Steve Ballmer in 2014, Nadella, originally from India, has seen remarkable success during his tenure. Over the past year alone, Microsoft’s stock has reportedly surged by over 1,000%, propelling the company’s market value to $3 trillion, surpassing even Apple. During his visit to India this week, Nadella made significant announcements and shared insights. Addressing a gathering of business leaders in Mumbai on February 7, he focused on next-generation AI solutions, reflecting on the advancements in this field under his…
Indian business tycoon Gautam Adani has seen a resurgence in his wealth following a tumultuous period sparked by allegations of market manipulation and fraud in early 2023. On Wednesday, Adani’s net worth surged by $2.7 billion, reaching $100.7 billion, its highest level since accusations from Hindenburg Research rocked his conglomerate, the Adani Group. Adani Group’s Flagship Soars Shares of Adani Enterprises Ltd., the flagship company of the Adani Group, experienced an eighth consecutive day of gains, driven by an impressive 130% surge in profit revealed in its recent earnings report. As a result, Adani now ranks as the 12th-richest individual…
The United Arab Emirates (UAE) has taken a progressive step by launching guidelines to regulate flexible working arrangements within the country. The initiative, led by the Federal Authority for Government Human Resources (FAHR), introduces the General Framework for Employment Patterns and Flexible Work Types in the Federal Government, which has been endorsed by a Cabinet decision. Empowering Flexible Work in the UAE The framework outlines various approved employment patterns and work types sanctioned at the federal government level, in accordance with the Human Resources Law in the Federal Government and its executive regulations. Among the approved flexible work conditions are…
Maruti Suzuki, India’s leading car manufacturer, has announced the nationwide launch of its compact-format NEXA service workshops in rural areas. The inaugural of six centers in Ateli, Charkhi Dadri, Bankura, Dahod, Nirmal, and Ooty marks the beginning of this initiative. These workshops are fully equipped with essential amenities such as a dedicated front office, customer lounge, service bay, and parking space, ensuring a seamless experience for customers. Hisashi Takeuchi, Managing Director & CEO of Maruti Suzuki India Limited, highlighted the increasing interest in NEXA offerings from both urban and rural areas, indicating a shift in consumer preferences. Partho Banerjee, Senior…
Taiwanese company Foxconn announced its intention to invest INR 1200 crore in constructing a new factory in India, utilizing land already in its possession, according to a PTI report. This disclosure came through a regulatory filing, highlighting the firm’s commitment to meeting its operational requirements by allocating these funds. Last year, there were reports indicating Foxconn’s plans to invest over $1.5 billion in an Indian construction project, similarly aimed at fulfilling its operational needs. Funding for this endeavor was facilitated by a segment of Foxconn known as Hon Hai Technology India Mega Development. Foxconn’s presence in India has been steadily…
Adam Neumann, the former CEO of WeWork, is reportedly making moves to repurchase the flexible workspace provider, which filed for bankruptcy in November. Neumann, who shot to fame by transforming WeWork into a cultural and business phenomenon, was ousted from the company amidst controversy. However, in recent months, he has been actively working towards acquiring the now-bankrupt business. Sources familiar with the matter revealed that Neumann’s new real estate company, Flow Global, has been actively pursuing the acquisition of WeWork or its assets, in addition to providing bankruptcy financing to sustain its operations. Neumann’s efforts to repurchase the company have…
Singapore’s long-distance delivery platform Deliver.sg, the pioneering entity in the delivery industry and a subsidiary of Maxima Logistics Pte Ltd, is excited to announce the acquisition of Indian Mobility Lifestyle Platform BusyBee, solidifying its expansion in the Asian and Middle Eastern markets. The deal, valued at SGD 500,000, is a testament to Deliver.sg’s commitment to enhancing its comprehensive mobility services. BusyBee, known for its transformation from a courier service to a robust mobility lifestyle app, will complement Deliver.sg’s DAAS model. With a strong network of over 1800 delivery riders across 317 locations in South India, BusyBee is poised for significant…
In a startling move last week, the Reserve Bank of India (RBI) issued a directive ordering Paytm Payments Bank to cease accepting fresh deposits or top-ups in any customer account, wallets, or FASTags after February 29, citing concerns regarding non-compliance and regulatory issues. Despite efforts by the company to reassure users, including a statement from CEO Vijay Shekhar Sharma affirming that the Paytm app will remain functional beyond February 29, apprehensions among consumers have prompted a notable shift in app preferences. Increased Interest in Competitors A recent report by Moneycontrol has unveiled a remarkable uptick in downloads from the Google…