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Le mouvement populaire a débuté en Suède et au Danemark. < Back L’Europe du Nord boycotte les produits américains Le mouvement populaire a débuté en Suède et au Danemark. Après la retransmission de l’affrontement entre Donald Trump et Volodymyr Zelensky, et les tarifs sur les produits importés de l’UE, de nombreux pays d’Europe du Nord, comme le Danemark et la Suède, sont témoins d’un mouvement populaire contre les produits américains. Des magasins de consommation danois tels que Bikla et Føtex marquent les produits européens d’une étoile noire pour inciter les consommateurs à acheter des produits locaux, tout en stockant des merchandises mondiales. Le 1 mars, Haltbakk Bunkers, un fournisseur prive norvégien de fuel pour la marine a annoncé qu’il ne fournisse pas le carburant au fuel de la marine américaine. L’entreprise n’avait pas de contrat fixe pour fourniture de fuel a la marine américaine. Le lendemain, le gouvernement norvégien a qualifié cette décision de « non conforme à la politique du gouvernement », et a déclaré que la Norvège continuerait à fournir du fuel a la marine américaine. Ne manquez pas un autre article de SalestorrsNouvelles150. Suivez Salestorrs sur WhatsApp , LinkedIn , Facebook , X , et Instagram . Previous Next

< Back As JioMart shuts down, Reliance Retail expands to direct consumer channels Ishita Nigam 29 Sept 2023 JioMart has been on a firing spree since May this year, and now it has shut down more than half of its fulfillment centers. While JioMart battled shutting down to curb losses, Reliance Retail bought the Indian arm of German retailer Metro Cash and Carry for ₹2,850 crores . JioMart has fired over 1,000 employees, including 500 corporate executives, since May 2023 and has shut down over half of its fulfillment centers nationwide. On the other hand, Reliance Retail has acquired 31 wholesale outlets and a complete real estate portfolio, including six stores. It also absorbed Metro’s 3,500 workers with overlapping profiles. In September 2023, Reliance Retail expanded Metro’s offerings from only B2B to direct customers. The retail giant already operates 52 B2B outlets under the brand ‘Reliance Market,’ which serves the Kirana stores and institutional consumers. The move comes as JioMart was fighting massive losses and trying to survive in the highly competitive Indian retail domain. It is still trying to smoothen its operations and grow its online B2B business. Previous Next

< Back Grasim to launch its paint brand, Birla Opus Ishita Nigam 14 Sept 2023 Aditya Birla's fabric brand is aiming at the number two market position for the paint business. It believes this new vertical and its latest B2B eCommerce venture, Birla Pivot, will be high growth drivers. Fabric maker Grasim Industries, Aditya Birla Group’s flagship brand, is planning to enter the paints business. It will launch its own paint brand, Birla Opus, early next year in the fourth quarter of the current financial year. The market is dominated by Asian Paints and Berger and houses brands like JSW, Kansai Nerolac, Akzo Nobel, and Pidlite. The market is expected to grow from ₹70,000 crores to ₹100,000 crores in the next five years. Grasim plans to invest ₹10,000 crores in setting up this business. It ran a successful pilot painting services programme in key metros and launched an imported wooden finishes range. The paint industry enjoys double-digit growth amid growing aspirations and the government’s ‘Housing for all’ plan. Grasim plans to have manufacturing plants set up in Punjab, Haryana, Maharashtra, Karnataka, Tamil Nadu, and West Bengal, with a total capacity of 1,332 million litres per annum. Previous Next

< Back Apple to source iPhones from India for US 5 May 2025 iPad, Mac, Apple Watch and AirPods will be sourced from Vietnam. Apple estimates a $900-million cost increase due to tariffs in the June quarter. Focussing on diversifying its sources, Apple announced its plans to source most iPhones from India in the June quarter for selling in the US. Over 50% of the iPhones sold in the US in the March quarter were sourced from India. 3.1 million iPhones worth ₹48,000 crore were exported to the US in the March quarter compared to ₹28,500 crore in the same period last year. 98% of the iPhone exports from India were to the US. China would remain the top-selling destination for Apple products outside the US. Apple set a quarterly sales record in India. Most Apple products, like Mac, iPhone, Apple Watch, and Vision Pro, are excluded from global reciprocal tariffs announced by the Trump administration in April. Counterpoint Research estimates that around 30% of global iPhone shipments will be from India this year. Never miss another post from SalestorrsNews150. Follow Salestorrs on WhatsApp , LinkedIn , Facebook , X , and Instagram . Previous Next

< Back Kerela raises Class 1 age limit to 6 yrs, Karnataka demands relaxation 3 Apr 2025 The Karnataka government had to raise the age criteria from 5 to 6 years from 2025-26. The Right to Free and Compulsory Education Act 2009 (RTE Act 2009) and Rules 2012 and the National Education Policy (NEP 2020) establish the minimum age limit for enrolling a child in Class 1 at six years completed as of June 1. The Union Government has asked and reminded state governments to ensure its implementation. The Kerela government revised the Class 1 admission criteria to six years. Karnataka had to implement the same in the academic year 2025-26. However, parents are still waiting for the government's announcement while seeking a relaxation on this criterion so that their children can participate in competitive exams and government jobs on time. The NEP states that over 85% of a child’s cognitive development happens before the age of six. Experts also warn against the negative impact of early admissions, suggesting that children are better prepared for formal education after the age of six. Never miss another post from SalestorrsNews150. Follow Salestorrs on WhatsApp , LinkedIn , Facebook , X , and Instagram . Previous Next

< Back Abu Dhabi Investment Authority invests ₹6,300 crore in GMR Group 5 Nov 2024 GMR will use this money to consolidate multiple lenders into a single capital source. GMR Group secured funding of ₹6,300 crore from the Abu Dhabi Investment Authority (ADIA), which it will use for refinancing the debt of GMR Enterprises Private Limited (GEPL), the promoter of GMR Airports. It will facilitate the repayment of external debt owned by GEPL and reinforce its ability to support the growth momentum at GMR Airports. The group maintains Delhi, Goa, and Hyderabad airports in India, besides the international airports in the Philippines and Indonesia. ADIA, the UAE’s largest sovereign wealth fund that invests on behalf of the Abu Dhabi government, started an approximate $5 billion fund to begin operations in GIFT City, Gujarat. GVK Group had secured a ₹7,600 crore funding from ADIA, the National Investment and Infrastructure Fund, and PSP Investments in 2019. GMR Group has significantly reduced corporate debt, demerged GMR Power and Urban Infra from GMR Airports Infrastructure, and merged GMR Airports Infra with GMR Airports. Previous Next

< Back Credit card unicorn Slice merges with North East Small Finance Bank Ishita Nigam 6 Oct 2023 The alliance of the fintech unicorn with the Guwahati-based small finance bank received a surprise RBI approval. Slice had earlier acquired a 10% stake in the bank. In a first of its kind deal, credit card offering fintech unicorn Slice is merging with Guwahati-based North East Small Finance Bank (NESFB). The alliance received RBI's nod and announced the merger on Wednesday. Slice owns a 10% stake in the NESFB and has held the Non Banking Financial Company (NBFC) license for five years. The approval is unprecedented since RBI rarely allows fintech startups to acquire banks and NBFCs to obtain banking licenses. It recently rejected the application of Flipkart Cofounder Sachin Bansal’s Navi to obtain the permit. It was later sold to Svatantra Microfin in August this year for $178.5 million. On October 31st, 2022, the latest RBI guidelines stopped Slice from selling credit cards, thus pushing the company to crash to zero from the earlier feat of 400,000 credit card sales in a month . As a bank, Slice can now accept customer deposits at lower interest rates. Previous Next

< Back Satcom an expensive alternative to broadband, fibre cable 9 May 2024 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. Bharti Airtel and Reliance Jio are engaged in a war to introduce Satellite Communication (Satcom) in India. Airtel invested USD3.3 billion in OneWeb that tied up with Indian Space Research Organisation (ISRO) to launch 36 more satellites into the Earth’s lower orbit, bringing the total to 618. Reliance Jio acquired a majority stake in US-based Skytran in 2020 and bought Luxembourg-based SES in 2023 for USD 100 million for equipment and gateway. A Satcom 1 GB plan can cost the user ₹5,000 and the equipment ₹60,000. Hence, only big businesses may initially invest in this tech. Satcom is expected to offer good connectivity to remote areas, especially where fibre cable cannot reach. However, its signals travel large distances, thus taking time to reach the user and causing delays in live communication. Also, bad weather or dense green coverage can cause problems in transmission and communication. Previous Next

< Back The secret behind IndiGo's choice of int'l destinations Ishita Nigam 28 Aug 2023 IndiGo's interesting choice of first international destinations in its portfolio - Kazakhstan, Azerbaijan, Uzbekistan, Kenya, Georgia, and Indonesia - makes one wonder why these? IndiGo currently owns 15% of the market share of flights to and from India and 60% share domestically. But it makes us wonder why it chose Kazakhstan, Azerbaijan, Uzbekistan, Kenya, Georgia, and Indonesia as the first direct international destinations. The company will add 174 more weekly flights to these routes until September 2023. While international routes offer airlines better fares and revenue margins, they face stiff competition. These less popular routes are witnessing a growing demand, and targeting these destinations will help IndiGo raise its 15% market share. It will then dive into the popular Middle East and Southeast Asia routes. It currently uses a codeshare arrangement with Turkish Airlines to serve Europe. It plans to expand soon to North America using this agreement. IndiGo’s parent company, InterGlobe Aviation, reported its highest ever profit of ₹3,089 crores in Q1 FY24. It achieved a 30% higher year-on-year revenue of ₹17,160 crores. Previous Next

< Back Japan Air flight plummets nearly 26,000 feet midair 2 Jul 2025 The Boeing 737-800 Dreamliner fell from 36,000 feet to almost 10,000 feet due to a sudden cabin pressure failure. On June 30th, 6:53 p.m. local time, Japan Airlines flight JL8696 experienced a cabin pressure failure, causing it to fall nearly 25,000 feet in under 10 minutes. The plane was flying under a code-share agreement between Japan Airlines and its low-cost subsidiary, Spring Japan, from Shanghai Pudong to Tokyo’s Narita. It was carrying 191 passengers. One passenger heard a “muffled boom”, after which oxygen masks were automatically deployed, and the flight attendants panicked. The plane made an emergency, safe landing at Kansai Airport, Osaka, at 8:50 pm local time. Japan Airlines offered ¥15,000 (around $104) and overnight accommodation as compensation. Air India Boeing 777 flight from Delhi to Vienna on June 14th faced a similar malfunction, after which the plane dropped 900 feet mid-air. The flight landed safely in Vienna. Mumbai-bound Ethiopian Airlines B787 Dreamliner made an emergency landing on June 29th after seven passengers fell sick due to depressurisation. Never miss another post from SalestorrsNews150. Follow Salestorrs on WhatsApp , LinkedIn , Facebook , X , and Instagram . Previous Next

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< Back Wipro wins $500 mn contract from Nokia for five years 12 Jun 2024 Wipro will offer managed services for some Nokia products and industry solutions for five years. On June 6th, Wipro announced securing a $500 million contract from Nokia, a leading American communication services provider. As per the contract, Wipro will build a customised cloud-based AI-powered solution for Nokia’s 86,700 employees across 130 countries. The solution will provide faster, smoother, and real-time IT support and an improved service desk for Nokia’s employees. The software will be omni-channel, always on, and experience-driven. It will be powered by Designit, a Wipro company, and facilitate a hybrid work environment. In the last quarter of FY2024, Wipro won deals worth $3.6 billion while its order book for the whole year was $14.9 billion. Wipro closed 18 big deals in Q4 compared to 14 in Q3. The deal happened two months after Srinivas Pallia became the new CEO. Last December, the departure of Wipro’s Chief Growth Officer and Head of Large Deals, Stephanie Trautman, made it challenging for the company to secure big deals. Previous Next