Author: News Desk
Quick commerce platform Instamart has removed the Swiggy name from its branding to establish a standalone identity. This change aims to position Instamart as an independent brand separate from its parent company. Move Follows Industry Trends The rebranding comes shortly after rival Zomato renamed itself Eternal on stock exchanges, signaling the growing importance of quick commerce beyond traditional food delivery services for these companies. Focus on Growth Beyond Food Delivery Swiggy Group CEO Sriharsha Majety has emphasized that Instamart is expected to outgrow the food delivery business in terms of scale and reach, underscoring the strategic importance of quick commerce.…
Global food conglomerate Nestlé SA has acquired a minority stake in Indian direct-to-consumer pet care startup Drools. The financial terms of the transaction were not disclosed by either party. Drools Achieves Unicorn StatusDrools announced that it has recently reached unicorn status, although it has not shared valuation figures or funding details related to this milestone. Operational Autonomy to ContinueDespite Nestlé’s investment, Drools will continue to function as an independent entity, retaining control over its strategic direction and day-to-day operations. Founded in 2010 with Diverse Product RangeEstablished by Fahim Sultan in 2010, Drools offers over 650 stock-keeping units (SKUs), covering a…
Reliance Consumer Products Limited (RCPL) is aiming to reach 600 million customers across India by focusing on affordable, high-quality products in the fast-moving consumer goods (FMCG) sector. The company plans to collaborate closely with local stores, offering better profit margins to boost sales and penetrate deeper into Indian households. Focus on Middle-Class India RCPL director T. Krishnakumar highlighted that India’s large middle-class population, which makes up the majority of the country’s 1.4 billion people, is the primary target for their products. The company intends to develop and market quality FMCG items that appeal to this segment, differentiating itself from competitors…
Foxconn is investing $1.5 billion in a massive new facility near Chennai, Tamil Nadu, which will employ and house around 30,000 workers. This project aims to become one of the largest electronics manufacturing hubs globally, playing a key role in Apple’s supply chain shift from China to India. Focus on Worker Welfare and HousingUnlike traditional factories, Foxconn’s campus includes on-site housing designed to provide a safe and supportive environment for workers. The dormitories come with communal spaces, healthcare access, and potential skill development centers. This approach prioritizes worker security and dignity, recognizing these as crucial factors for productivity. Tamil Nadu’s…
Ness Wadia is a well-known figure in Indian business circles. As the elder son of Nusli and Maureen Wadia, he is heir to the historic 283-year-old Wadia Group. He serves as Managing Director of Bombay Burmah Trading Corporation and is co-owner of the Indian Premier League team Punjab Kings. Background and Career Born into a Parsi family in Mumbai, Ness Wadia completed his M.Sc in Engineering Management from the University of Warwick. He began working at Bombay Dyeing in 2001 and holds directorships in several Wadia Group companies, including GoAir, Britannia, Wadia Techno Engineering Services, and Bombay Dyeing. Family Heritage…
The Indian Minister of Education has officially allowed the University of Liverpool to start a campus in Bengaluru, announced at an event in New Delhi. Courses and Student Benefits The new Bengaluru campus will begin in August 2026, offering courses like Business Management, Accounting and Finance, Computer Science, Biomedical Sciences, and Game Design—the first UK university in India to offer this. Students will follow the same high-quality curriculum as in Liverpool, gaining skills for future careers or higher studies. International Opportunities Students in Bengaluru can take part in global exchange programs, studying in Liverpool or other countries. UK students will…
Prime Minister Narendra Modi unveiled Indian Railways’ first 9,000 horsepower electric locomotive engine in Dahod, Gujarat. The new facility is part of the ‘Make in India’ initiative and is designed to produce up to 150 locomotives annually, starting with a base capacity of 120. High-Capacity, Eco-Friendly EnginesThese new locomotives are capable of pulling 4,600 tonnes of freight and will significantly enhance the cargo transport capacity of Indian Railways. The engines use regenerative braking and energy-efficient systems, aligning with India’s push for sustainable infrastructure. Major Investment and Job CreationThe Dahod plant was built with an investment of ₹21,405 crore. It is…
Saudi officials have denied recent media reports claiming that the country would lift its 73-year-old ban on alcohol. The unverified report, which originated from a wine blog and was picked up by some international outlets, suggested that Saudi Arabia might allow limited alcohol sales in preparation for hosting the 2034 FIFA World Cup. However, no official sources backed the claim, and a government spokesperson has confirmed that the ban remains firmly in place. Social Media Reaction and Cultural SensitivityThe rumors triggered strong reactions online, especially given the conservative cultural and religious context of the kingdom. As the birthplace of Islam…
Airbus and Tata Advanced Systems Limited (TASL), the aerospace arm of the Tata Group, are collaborating to establish the Final Assembly Line (FAL) for H125 helicopters in Kolar, Karnataka. This facility supports Prime Minister Narendra Modi’s ‘Make in India’ initiative by promoting self-reliance in aerospace manufacturing. India’s First Private Helicopter Assembly Facility The new plant will be India’s first privately-led helicopter assembly unit. It will produce Airbus’s popular H125 light helicopters, catering to India and neighboring countries. This will be the fourth such assembly line globally, joining existing facilities in France, the US, and Brazil. Production Capacity and Future Plans…
Maldivian Foreign Minister Dr. Abdulla Khaleel, during his official visit to India from May 25 to 27, extended strong support to India in its ongoing fight against terrorism. Addressing the April 22 terror attack in Pahalgam, which killed 26 people and injured several others, Dr. Khaleel firmly condemned the incident and expressed solidarity with the people and government of India. High-Level Talks and Vision Document ReviewDr. Khaleel led the Maldivian side at the second India-Maldives High Level Core Group (HLCG) meeting held on May 26. The meeting reviewed the progress of the India-Maldives Vision Document launched in October 2024 by…