Business

09 May

NY Cinemas to open its multiplex cinema in Guwahati

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NY Cinemas of Ajay Devgn is ready to open its exclusive multiplex cinema in Guwahati city. This multiplex will be NY Cinemas entry in the northeast region after successfully having delivered multiple screens in North and West of India. Superstar Ajay Devgn, Founder of NY Cinemas said, “It’s a pleasure to have finally made it to northeast and I hope the people of Guwahati give NY Cinemas the same love that they always shower on me and my films.” A multiplex chain, NY Cinemas was founded by 4-time National Award-winning actor, director, Mr. Ajay Devgn with the intention of bringing…

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09 May

Beam Suntory India’s Oaksmith is redefining Indian whisky segment

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The global premium spirits company, Beam Suntory celebrates the success of Oaksmith, India's first International Blended whisky in Meghalaya. Oaksmith is at the helm of reinventing the Indian whisky segment, after its launch in December 2019 in Maharashtra and Telangana followed by rapid expansion across 20 markets. Oaksmith has already sold 1 million cases since its launch, reinforcing Beam Suntory’s commitment to lead the growth and premiumization of the Indian spirits market. Oaksmith has been created by world-renowned blender Shinji Fukuyo, Chief Blender, Suntory - using traditional Japanese craftsmanship, blending the best quality Scotch Malt whiskies and smoothest American Bourbons…

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09 May

Microsoft-owned LinkedIn to sack over 700 employees

Priyanka Bhowmick0 CommentsBusiness, IndiaBusiness, India

LinkedIn will cut 716 jobs as demand waves and will also end China-focused job applications, the company, which focuses on business professionals, said Monday. The Microsoft Corp.-owned social media network with 20,000 employees has grown revenue every quarter over the past year, but it joins other big tech companies, including its parent, in laying off workers amid a weak global economic outlook. According to Layoffs.fyi, in the past six months, more than 270,000 technical jobs have been laid off worldwide, tracking fallouts.LinkedIn makes money through ad sales and charges subscriptions to recruiting and sales professionals who use the network to…

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09 May

Northeast Global Investment roundtable meet held in Sikkim

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The Roundtable was the fourth in a series of State level Roundtable Conferences held in the run up to the main event of Northeast Global Investors Summit. The event was organised by the State Government of Sikkim and the Ministry of Development of North Eastern Region (MDoNER), FICCI (Industry Partner), EY (Knowledge Partner), and Invest India (Investment Facilitation Partner). Senior officials from the Ministry of DoNER, VB Pathak, and Shri. Harpreet Singh discussed investment opportunities in Sikkim and the North East region with industry participants, start-ups, and business houses. Sikkim has favourable socio-economic indicators for manufacturing industries, with an 88.7%…

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08 May

Tata Motors delivered 10K Tiago.evs

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Tata Motors, India’s leading automobile manufacturer, today announced the achievement of the 10K deliverymark for the Tiago.ev, making it the Fastest EV to achieve this milestone in less than four months. This announcement comes shortly after the Tiago.ev became the ‘Fastest Booked EV in India’, receiving 10K bookings in just 24 hours and 20K bookings by December 2022. The Tiago.ev has successfully made its way to 491 cities, covering 11.2 million kms and saving 1.6 million grams of CO2 from the atmosphere. It is a segment disrupter that offers premium-ness, safety and technology features, and an eco-friendly footprint. It is…

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08 May

PMNAM to be Held In 200+ Districts

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As part of Hon'ble Prime Minister Shri Narendra Modi’s vision to boost career opportunities for India’s youth under Skill India Mission, the Ministry of Skill Development and Entrepreneurship (MSDE) is conducting the Pradhan Mantri National Apprenticeship Mela (PMNAM) on May 8th, 2023, in200+districts across the country. Local businesses and organizations have been invited to participate in an apprenticeship mela to provide relevant apprenticeship training opportunities to local youth. Through a single platform, organizations can connect with potential apprentices, choose from their qualifications, and strengthen livelihood opportunities. This apprenticeship mela is open to Class 5 to Class 12 pass outs, ITI…

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08 May

Dettol Banega Swasth India launches one of its kind health and hygiene podcast

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To celebrate world Hand Hygiene Day, Reckitt (world’s leading consumer health and hygiene company), under its flagship campaign ‘Dettol Banega Swasth India’ launched India’s first-ever public health and hygiene-focused podcast Banega Swasth India – Swasthya  Mantra. The podcast aims to spread the message of importance of inculcating good hygiene practises. This podcast is available for audience across platforms like Spotify, Apple Podcast, Google Podcast and YouTube in English and Hindi. As an extension of Dettol BSI School Hygiene Curriculum, the celebration also witnessed the unveiling of a 3-volume hygiene DIY workbook for children in English and Hindi. Aligned to the…

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08 May

Maggi introduces new advertisement campaign

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MAGGI launched a new advertisement campaign titled “Khao to MAGGI Noodles Khao”, that celebrates the consumers who make MAGGI noodles an iconic brand. For the first time, MAGGI has cast actual consumers hailing from Maharashtra, Madhya Pradesh, Chhattisgarh, and West Bengal in its campaign. The advertisement showcases individuals who share their personal experiences of how Maggie has brought trust, quality, and enjoyment into their lives for several decades. Regarding the campaign, Rajat Jain, Head – of Foods Business, Nestlé India, said, “MAGGI is a brand truly loved by everyone across the country. Our consumers remain our true champions, and their…

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08 May

Nykaa Fashion’s First-Ever Pink Summer Sale Has Begun

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Nykaa Fashion's biggest Pink Summer Sale is a shopping extravaganza like no other, offering up to 80% off on over 5L+ handpicked styles, 2500+ stylish brands, and over 5L+ handpicked styles, 2500+ stylish brands, and INR 200 off for first-time shoppers. The sale begins on 5th May at 4p.m. and has a return policy to make customers happy. This fashion sale event features Mega Morning Offers, Mid-Day Price Drops, Lightning flash deals, and Midnight Bonanza Offers. It features choiceful curations of superhit brands across categories such as clothing, footwear, accessories, luxe, tech, and home for women, men, and kids. Nykaa…

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08 May

Coal India net profit declines 18% on higher provisions

Priyanka Bhowmick0 CommentsBusiness, IndiaBusiness, India

State-run Coal India Ltd missed street estimates and fourth-quarter net profit declined primarily due to increased provisions towards wages.Coal India posted a consolidated net profit of Rs 5,527.62 crore for the March quarter, down 17.7 percent from a year ago. Consolidated revenue for the quarter stood at Rs 35,161.44 crore, up 17.3 percent year-on-year. A Bloomberg poll estimated a net profit of Rs 7,752 crore and earnings of Rs 35,270 crore. The company has recommended a final dividend of Rs 4 per share. A total dividend of Rs 20.25 per share has already been paid in two installments earlier.CIL's total…

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