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27 May 2024

Telecom Department, mobile operators target fake int’l callers with Indian numbers

The ‘Sanchar Saathi’ portal’s RICWIN module will identify international callers with an Indian number and assist users in reporting such callers.

Telecom Department, mobile operators target fake int’l callers with Indian numbers

24 May 2024

IndiGo to launch business class seats this year

The low-cost carrier announced this plan along with its record profit figure of ₹8,172.50 crore in FY2024.

IndiGo to launch business class seats this year

23 May 2024

Private driving schools to conduct trainings, issue licenses from June 1

The Ministry of Road Transport and Highways announced that private driving schools will be authorised to conduct driving tests and issue licenses.

Private driving schools to conduct trainings, issue licenses from June 1

22 May 2024

Dixon Tech to make Google’s Pixel 8 in India

Dixon will manufacture 100,000 Pixel phones per month, of which up to 30% may be exported. Trial production has started, and the first batch may roll out in September.

Dixon Tech to make Google’s Pixel 8 in India

21 May 2024

Zee Entertainment surprises with ₹13.35 crore profit in the fourth quarter of FY2024

It had recorded a ₹196.03 crore loss in the quarter ending March 2023.

Zee Entertainment surprises with ₹13.35 crore profit in the fourth quarter of FY2024

20 May 2024

Uber to start bus shuttle services in Delhi

It received the license under the Delhi government’s Premium Bus Scheme, an app-based bus aggregator scheme launched in November 2022 to encourage the upper middle class to choose public transport.

Uber to start bus shuttle services in Delhi

18 May 2024

Reader’s Digest UK closes after 86 years

The iconic magazine succumbed to the financial pressures of the competition in today’s ruthless publication scenario.

Reader’s Digest UK closes after 86 years

17 May 2024

Porter turns unicorn after an internal funding round

Around 20 people, family and friends, bought shares worth ₹25 crore from Porter’s Employee Stock Option Plan (ESOP) at a valuation of $1 billion.

Porter turns unicorn after an internal funding round

16 May 2024

New entrants disrupt India’s ₹14,000 crore sleep market

68% of Indians get a 6-8 hours sleep. Several startups like The Sleep Company, Duroflex, Wakefit, and Sheela Foam are building sleep tech-enabled mattresses and apps to offer assistance for quality rest.

New entrants disrupt India’s ₹14,000 crore sleep market

14 May 2024

China becomes India’s largest trading partner again

China surpassed the US as India’s top trading partner after two years. In FY2024, imports from China rose by 3.24% to $101.7 billion, and exports increased by 8.7% to $16.67 billion.

China becomes India’s largest trading partner again

13 May 2024

India to manage Iran’s Chabahar Port for 10 years

This port is India’s direct link to Afghanistan, Central Asia, and Eurasia. Chabahar will connect to the International North-South Transport Corridor (INSTC), which links India, Iran, and Russia.

India to manage Iran’s Chabahar Port for 10 years

9 May 2024

Satcom an expensive alternative to broadband, fibre cable

Bharti Airtel-backed OneWeb partnered with ISRO to launch 36 satellites into Earth’s orbit. Reliance Jio bought a majority stake in Skytran and SES for equipment.

Satcom an expensive alternative to broadband, fibre cable

9 May 2024

Akasa Air begins allowing pets up to 10 kg in the cabin

In November 2022, the airline first announced permitting passengers to carry their pets, like cats and dogs, in cabin or cargo as per their weight.

Akasa Air begins allowing pets up to 10 kg in the cabin

8 May 2024

Ghost Malls rising in metros, highest in NCR

These are shopping malls with extremely low footfalls and a property vacancy rate above 40%.

Ghost Malls rising in metros, highest in NCR

7 May 2024

Apple records highest-ever sales in India in the March 2024 quarter

Its two company-owned outlets in India generated revenue of up to ₹210 crore each in FY2024, becoming Apple’s top-performing retail outlets worldwide.

Apple records highest-ever sales in India in the March 2024 quarter

6 May 2024

Movies no longer getting OTT deals until the theatrical release

Some high-profile movies lost their OTT deals after box office failures.

Movies no longer getting OTT deals until the theatrical release

2 May 2024

Quick commerce worth $5 bn in three years, half of the online grocery industry

As per Goldman Sachs, Zomato’s quick commerce arm, Blinkit’s implied value is now more than that of the food delivery business.

Quick commerce worth $5 bn in three years, half of the online grocery industry

1 May 2024

Eight US newspapers sue OpenAI, Microsoft over illegal content usage

They accused the two companies of illegally using news articles to power their AI chatbots.

Eight US newspapers sue OpenAI, Microsoft over illegal content usage

29 Apr 2024

Govt asked Amazon, Flipkart to setup ONDC storefronts on their portals

Establishing its storefront on eCommerce portals’ home pages will help Open Network for Digital Commerce (ONDC) expand operations and efficiency.

Govt asked Amazon, Flipkart to setup ONDC storefronts on their portals

26 Apr 2024

US Federal Trade Commission Tapestry’s $8.5 billion acquisition of Capri

The acquisition will unite six luxury brands, including Tapestry’s Kate Spade, Coach, and Stuart Weitzman, with Capri’s Versace, Jimmy Choo, and Michael Kors, under one entity.

US Federal Trade Commission Tapestry’s $8.5 billion acquisition of Capri
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