India

Reliance Retail enters into joint venture for toy manufacturing
24 Apr

Reliance Retail enters into joint venture for toy manufacturing

Priyanka Bhowmick0 CommentsBusiness, India
Reliance Retail announced on Sunday (April 23) that it has entered into a joint venture with a Haryana-based company for local production of toys to meet the growing demand. Reliance Retail currently owns the British toy brand Hamless and the homemade toy brand Rowan. The new venture will cater to both toy brands, sources said. Reliance Retail is playing a major role in the B2B toys segment, operating through Rowan. "We had a JV with Circle E retailer to produce toys for vertical integration for our toy retail business," Dinesh Taluja, CFO of Reliance Retail, said during an earnings call…
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ISRO launches PSLV-C55/TeLEOS-2 mission
22 Apr

ISRO launches PSLV-C55/TeLEOS-2 mission

Priyanka Bhowmick0 CommentsIndia
Indian Space Research Organization (ISRO) Polar Satellite Launch Vehicle C55 (PSLV-C55) carrying Singapore's TeLEOS-2 as primary satellite and Lumelite-4 as the co-passenger satellite takes off from Satish Dhawan Space Centre, Sriharikota. 22 April. "Congratulations to PSLV and NSIL for this successful launch," ISRO Chairperson S. "Interesting things" are lined up in the near future, says Somnath As detailed by ISRO, PSLV-C55 is a dedicated commercial PSLV mission of Newspace India Limited (NSIL), which is an international satellite customer in Singapore. TeLEOS-2 a synthetic aperture radar satellite will be the primary satellite and Lumelite-4 a technology demonstration nano-satellite will be the…
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Reliance Jio Q4 net profit up 13%
22 Apr

Reliance Jio Q4 net profit up 13%

Priyanka Bhowmick0 CommentsBusiness, India
Reliance Jio, the country's largest telecom operator, on Friday reported a 13 per cent increase in net profit for the fourth quarter ended March 2023, the company said in a regulatory filing. In the one-year-ago period, Reliance Jio posted a net profit of Rs 4,173 crore. Its income from operations rose nearly 12 percent to Rs 23,394 crore in the reported quarter from Rs 20,945 crore in the March 2022 quarter.For the year ended March 31, 2023, the company's net profit rose nearly 23 percent to Rs 18,207 crore from Rs 14,817 crore in 2021-22. Annual income from operations rose…
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Amazon to expand office supplies business in Europe
21 Apr

Amazon to expand office supplies business in Europe

Priyanka Bhowmick0 CommentsBusiness, India,
In Europe, the business first launched in Germany in 2016, followed by Britain in 2018 and Italy, Spain and France in 2018.Amazon's business clients in the region include Centrica, Siemens Gamesa and ABB, the company said, and it offers IT and healthcare equipment and school products. Amazon declined to say which countries it would target next. It's spending time for European companies to buy things like office chairs, desks, paper and printer ink in bulk, Gagnon said, with the goal of winning contracts to supply them. The business offers potentially higher margins than Amazon's core consumer business, as it's cheaper…
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Malabar Gold and Diamonds ropes on Alia Bhatt as its new brand ambassador
20 Apr

Malabar Gold and Diamonds ropes on Alia Bhatt as its new brand ambassador

Priyanka Bhowmick0 CommentsBusiness, India
Alia Bhatt becomes the brand ambassador of Malabar Gold and Diamonds, the world's sixth-largest jewellery retailer. The Bollywood star will bring a new global perspective to the brand as they establish their vision in new markets such as the UK, South Africa, Bangladesh, Egypt, Australia, Canada, Turkey and New Zealand, as well as strengthen their presence in existing markets. "Having witnessed their reception among the Indian and Indian sub-continental audiences, the huge success they have achieved abroad should be a source of great pride for us and I feel humbled to be a part of the Malabar family," Bhatt said.…
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EIL secures business worth Rs 4,500 crore in 2022-23
18 Apr

EIL secures business worth Rs 4,500 crore in 2022-23

Priyanka Bhowmick0 CommentsBusiness, India
Engineers India Limited (EIL) on Monday said it has recorded significant growth in business in the financial year 2022-23 (FY2022-23). According to an official statement by EIL, it has secured business worth over Rs 4,500 crore (approx) in FY 2022-23. However, business worth Rs 1,700 crore was secured in FY 2021-22. Apart from other areas, the business secured from international assignments has seen a significant jump from less than Rs 50 crore to nearly Rs 600 crore in FY 2021-22. While maintaining its leadership position in the hydrocarbon sector, EIL has also acquired significant business in the infrastructure sector and…
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Nandini Gupta wins femina miss India 2023
17 Apr

Nandini Gupta wins femina miss India 2023

Priyanka Bhowmick0 CommentsIndia, Entertainment,
Nandini Gupta of Rajasthan was crowned Femina Miss India World 2023 at a recently held grand ceremony, making her the winner of the 59th edition of the beauty pageant. The first runner-up was Shreya Punja of Delhi, while the second runner-up was Manipur's Thaunaojam Strela Luwang. The event showcased the brilliant performances of Kartik Aaryan, Ananya Panday and was hosted by Manish Paul and Bhumi Pednakar. Nandini will represent India in the 71st Miss World pageant, which will be held in the UAE. Nandini Gupta is 19 years old and from Kota, one of the largest coaching hubs in the…
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Indians urged to stay indoors as Sudan army clashes with paramilitary troops
15 Apr

Indians urged to stay indoors as Sudan army clashes with paramilitary troops

Business Correspondent0 CommentsIndia, International
Indian citizens living in Sudan were asked to stay inside their house on Saturday afternoon as conflict continued in different parts of the country between the military and powerful paramilitary forces. The sound of firing was also heard in different areas. Sudan's paramilitary Rapid Support Forces claims to have seized an airport and air base in the northern city of Marawi and had also taken control of the presidential palace. “In view of reported firings and clashes, all Indians are advised to take utmost precautions, stay indoors and stop venturing outside with immediate effect. Please also stay calm and wait…
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Delhi police nab ‘super thief’ who inspired Hit Film “Oye Lucky! Lucky Oye!”
15 Apr

Delhi police nab ‘super thief’ who inspired Hit Film “Oye Lucky! Lucky Oye!”

Priyanka Bhowmick0 CommentsIndia
One of the country's hi-tech super thieves, who inspired a popular Bollywood movie, has been arrested by the Delhi Police.Devinder Singh, also known as 'Bunty Chor' or 'Super Thief', has been arrested from Kanpur in Uttar Pradesh. Police are expected to brief reporters on his arrest later in the day.Officials say the 'Bunty thief' recently committed a robbery in an upscale area of ​​the national capital. Goods worth lakhs were stolen from two houses in south Delhi's Greater Kailash area during the robbery, police said. Known as the 'Super Thief', Devinder Singh alone committed 500 thefts till 2012.A Bollywood movie,…
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Pooja Hegde refutes dating rumours with Salman Khan
14 Apr

Pooja Hegde refutes dating rumours with Salman Khan

Priyanka Bhowmick0 CommentsEntertainment, India,
Bollywood superstar Salman Khan is rumored to be dating Pooja Hegde. The duo will soon be seen sharing screen space for the much-awaited film Kisi Ka Bhai Kisi Ki Jaan. Now while promoting the film, Pooja has finally addressed the rumors surrounding her love life. In an interview, Pooja clarified that she is currently single and focused on her career. She condemned the report saying, “What shall I say to it? I keep reading things about myself. I am single. I love to be alone. I am now really focused on my career. I'm hoping from one city to another,…
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