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23 Jan

Flipkart honours top sellers at FlipStars Awards 2023 event

Business BureauBusiness

Flipkart, India's e-commerce platform, celebrated its sellers' achievements at the FlipStars 2023 event in New Delhi. The event was attended by Shri. Bhanu Pratap Singh Verma, Hon’ble Minister of State for Micro, Small and Medium Enterprises, Government of India, Mr. Rajneesh Kumar, Chief Corporate Affairs Officer, Flipkart Group, and celebrities/artists such as Mrs. Lara Dutta, Mr. Amit Trivedi hosted by Mr. Aparshakti Khurana. The FlipStars' Awards are an annual event honoring Flipkart sellers' achievements and success. Hosted by renowned celebrities, the event celebrates the efforts of over 750 sellers from across the country in fulfilling customer demands and positively impacting…

23 Jan

H&M accused of sexualizing children in new Advertisement

Priyanka BhowmickBusiness, IndiaBusiness, India

Swedish fashion giant H&M has taken out an ad for school clothes that critics said ‘sexualized young girls’, the company said on Tuesday. "Turn those heads in H&M's back to school fashion", the campaign, launched in Australia, features two young women in school uniforms. Social media users slammed the company for the ad, which was later withdrawn. “We have removed this ad. We deeply regret this offense and we are looking at how we handle the campaign moving forward," a company spokesperson told AFP. Melinda Tankardrist, a writer, asked the company about its intentions behind the ad. "What's your point…

23 Jan

CEAT ISRL chosen EKA Arena as the venue for the inaugural Ahmedabad race

Business BureauBusiness

The CEAT Indian Supercross Racing League (ISRL) is thrilled to announce the selection of EKA Arena (formerly The Arena/TransStadia Arena) as the distinguished venue for the Ahmedabad race of the inaugural season. The Ahmedabad race is scheduled to take place on the 11th of February 2024, promising an adrenaline-fueled spectacle of Supercross racing at this state-of-the-art multi-purpose stadium. EKA Arena, a vibrant sporting venue in Ahmedabad, was completed and opened on October 7, 2016, through a public-private partnership between Gujarat's government and SE TransStadia, led by Udit Sheth. With a seating capacity of 15,000 in its main football configuration, EKA…

23 Jan

India signed an agreement with Argentina for exploration of Lithium

Business BureauBusiness

The Indian Government's agreement related to the exploration of five lithium blocks in Argentina will prove to be a milestone in the direction of reducing carbon emissions. Apart from this, it will also help in reducing India's dependence on China for import of lithium.India has signed a strategic agreement with Argentina for lithium exploration and mining, marking India's first project. The agreement covers 15,703 hectares and includes five lithium brine blocks.Lithium is crucial for energy conversion and is essential for lithium-ion batteries in electric vehicles and battery energy storage systems. India has been relying on countries like China, Australia, and…

23 Jan

Tata Passenger Electric Mobility unveils its first pure EV ‘Punch.ev’

Business BureauBusiness

Tata Passenger Electric Mobility Ltd (TPEM),a subsidiary of Tata Motors and the pioneer of India's EV revolution, today launched its first pure EV - the Punch.ev. It’s the first product using the advanced Pure EV architecture. Available in Smart, Adventure, and Empowered personas, this versatile electric vehicle is priced at INR 10.99 Lakh and will be available at Tata Motors showrooms and Tata.ev stores across India. Its eco-conscious and cost-effective offering transcends the ordinary. TATA.ev's Punch.ev is a groundbreaking addition to their portfolio, blending Punch brand reliability with the latest electric vehicle technology, providing an exceptional driving experience with zero…

23 Jan

Samsung unveils ‘Future Fest’, offering exciting deals on AI-powered premium TV range

Business BureauBusiness

Samsung, India’s largest consumer electronics brand, announced ‘The Future Fest’ to provide consumers exciting offers and attractive cashbacks on its premium, 55-inch and Get exclusive gifts like Galaxy S23 Ultra smartphone, Serif TV, and Soundbars with premium Neo QLED, OLED, QLED, and 4K UHD TV models. The Future Fest’ is a great opportunity for consumers to upgrade to the future of cinematic audio-visual experience with Dolby Atmos, Neural AI Quantum Processor and AI Upscaling with enviable bundled deals this Republic Day. Starting January 31, 2024, customers can receive free gifts like a Galaxy S23 Ultra worth INR 124999, a 50-inch…

22 Jan

Samsung makes new record of 250,000 pre-bookings of Galaxy S24 Series in three days

Business BureauBusiness

Samsung is poised for a financial triumph as its latest Galaxy S24 series achieves an unparalleled feat of 250,000 pre-bookings in just three days since the commencement on January 18. This financial prowess eclipses the Galaxy S23 series, previously achieving a similar figure over a three-week span. Raju Pullan, Senior Vice President, MX Business, Samsung India, lauded the success, emphasizing the Galaxy S24 series, fueled by Galaxy AI, as a catalyst for a new era in mobile technology. The 'Made in India' smartphones, Galaxy S24 Ultra, S24+, and S24, redefine communication with Live Translate, Interpreter, and AI-driven keyboard translation in…

22 Jan

JLR India launches the new and enhanced Discovery Sport in India

Business BureauBusiness

JLR India launched the new and enhanced Discovery Sport in India,The Discovery Sport is versatile by design offering up to seven seats and a dramatically refined new interior that exudes modern luxury. The Discovery Sport is offered in Dynamic SE with two powertrain options: a 2.0 l petrol engine with 183 kW and 365 Nm torque, and a 2.0 l Ingenium diesel engine with 150 kW and 430 Nm torque. The Discovery Sport now comes with a digital instrument cluster and steering wheel-mounted gearshift paddles as standard, along with a redesigned center console with a floating 28.95 cm curved glass…

22 Jan

NSE secures 5th consecutive year as world’s largest derivative exchange

Business BureauBusiness

The National Stock Exchange of India (NSE) Group has reaffirmed its global dominance in the derivatives market, securing the top spot for the fifth consecutive year in 2023, as announced by the Futures Industry Association (FIA). In addition to this, NSE has clinched the 3rd position globally in the equity segment, according to statistics provided by the World Federation of Exchanges (WFE). The accolades come amid a year of remarkable milestones for the Indian stock market, with the market capitalization of listed companies surpassing USD 4 trillion. Notably, SME listed companies surpassed the Rs 1,00,000 crore mark, and the Nifty…

22 Jan

Amazon stops selling prasad of Ayodhya Ram Mandir

Priyanka BhowmickBusiness, IndiaBusiness, India

Amazon on Saturday said it has removed sweets sold as "Shri Ram Mandir Ayodhya Prasad", a day after receiving a notice from the Central Consumer Protection Authority (CCPA) for selling misleading products. Amazon acknowledged it had received a communication from the CCPA about misleading product claims by certain sellers and said it was "investigating them for violations." "In the interim, we are taking appropriate action against such listings by our policies," an Amazon spokesperson said in a statement. CCPA has issued a notice to Amazon for selling sweets called 'Shri Ram Mandir Ayodhya Prasad'. The action was initiated by the…