Author: News Desk

Xiaomi India hired 305 freshers from 100 business schools. Xiaomi India is a smart device maker. The hiring occurred under the ‘Mission 300’ programme. Across verticals like sales, marketing, and supply chain. The aim is to infuse fresh ideas into the company. Out of 305 candidates, 50-55 are women.

Ola may lay off up to 500 employees. It is part of Ola’s cost-cutting process. Ola reportedly asked senior executives to assess team performance. They are entitled to find out poor performing employees. The company aims for ‘leaner and consolidated teams’ . Ola has so far closed Ola Cars, Ola Dash, Ola Cafe, Food Panda, and Ola Foods.

Audi A8 L launched in India. A8 L is available in two variants. Celebration Edition and Technology. Priced at Rs 1.2 crore and Rs 1.5 crore respectively. It comprises all features one expects from a luxury sedan. A new front fascia with more chrome, and new 19-inch wheels. Inside, it had a 4 or 5-seater configuration. It also has a 10.1-inch infotainment system. It is powered by a 3.0-litre V6 petrol engine. It will accelerate up to 100 kmph in 5.7 seconds.

Ashneer Grover starts a new company. He was the former Managing Director and Co-founder of BharatPe. His new company is named Third Unicorn Private Ltd. Incorporated the company with his wife Madhuri Jain on July 6. Located in Delhi, it has a total paid-up capital of Rs 10 lakh. Share capital is Rs 20 lakhs. Ashneer is in talks with global investors for more funding, Grover joined the fintech startup BharatPe in 2018. But, he was ousted due to alleged financial irregularities. The company had terminated Madhuri Jain, too.

Ola Electric introduces NMC 2170. India’s first indigenously developed lithium-ion cell. The cell is suitable for indigenous conditions. It uses specific chemistry and materials. Thus, it can pack more energy in a given space. The tech also improves the cell’s overall cycle. The cell’s mass production will begin in 2023. It will be from its Chennai-based Gigafactory.

Twitter Inc sued Elon Musk. This is for violating the $44 billion acquisition deal. Twitter approached a Delaware court. It wants Musk to complete the merger. Musk terminated the deal on Friday. He said Twitter failed to provide information. He had sought information on fake/spam accounts. The lawsuit says Musk spoiled Twitter’s business.

Hairfall is an issue faced by most people. And, the haircare market is filled with numerous products claiming to promote hair growth. This 89-year-old entrepreneur from Karnataka is one among them. But, her product is a unique seasonal one. There is a reason for it. Here is her story. Nagamani, fondly called Mani aunty, started her business in her sixties. The USP of her oil is that it is a 150-year-old hair fall remedy. Mani has used this homemade oil for decades to maintain her thick hair. She often would share the formula with her friends and family members. In…

According to a report by Nasscom and Boston Consulting Group, 65% of techies prefer to shift to tier 2 or tier 3 cities to save money. About 80% of the workforce prefer hybrid working model. The reason? It is a big relief to the inflation-affected Indians. It allows them to save more money. The cost of living is less in tier 2 and tier 3 cities. For instance, the cost of living in Surat is 50% lower than Mumbai. The cost of living in Kochi is 30% lower than in Chennai, says the report ‘Shaping the Future of Work in…

Sri Lanka now faces Aviation Turbine Fuel (ATF) shortage This became an opportunity for South Indian airports Especially, Thiruvananthapuram, Cochin and Chennai airports Now, many flights depend upon these airports for ATF Some are Sri Lankan Airlines, Air Arabia, Jazeera Airways, Gulf Air, and AirAsia Malaysia This gives additional revenue to oil marketing companies (OMCs) Airport operators and state governments also benefit from this And, as the crisis intensifies, more players will rely on Indian airports

Lulu Group’s mega mall opened in Lucknow, the capital of Uttar Pradesh, is the largest mall in North India. The mall has an area of 22 lakh square feet and was built at a cost of Rs 2000 crore. The mall consists of Lulu Hypermarket and Family Entertainment Zone. 15 dining restaurants, including cafes, and a food court with 25 brand outlets with a seating capacity of 1600 people. Another feature is the multi-level parking facility that can accommodate 3,000 vehicles. It also offers more than 15,000 job opportunities. There are also plans to start a PVR Super plex with…