With a career spanning a decade and a half, across countries and industries, Aditi Aggarwal is a Salestor worth applauding! Check out my interview with her (the first interview of Salestors!) Sales talk with Aditi Aggarwal Masters in Marketing from Manchester Business School, UK ; amongst the first recruits for India's first F1 Racing Track and now working with Australian govt to strengthen ties between India and Australia with focus on the education sector. Aditi has had an impressive journey as a Salestor! Read More

< Back Madhya Pradesh launches intrastate air taxi service 14 Jun 2024 The service, called PM Shri Paryatan Vayu Seva, is available at 50% off for 30 days from June 13th. On June 13, Madhya Pradesh Chief Minister Mohan Yadav launched the first PM Shri Paryatan Vayu Seva from Bhopal to Jabalpur. The one-way trip will take 55 minutes compared to four hours by road. The service will connect eight cities in Madhya Pradesh- Bhopal, Jabalpur, Indore, Gwalior, Singrauli, Ujjain, Khajuraho, Panchmarhi, and Rewa. The state government partnered with a private firm, Jet Serv Aviation Private Limited (Flyola), to launch this service. Passengers can book the service digitally or via the booking counter at Indore, Bhopal, and Jabalpur airports. Twin-engine planes will have a capacity of six passengers. Depending on the response, the capacity will be increased to 11-seater and 20-seater aircraft. Ticket prices are kept at ₹9,000 from Bhopal to Jabalpur and ₹15,000 from Bhopal to Khajuraho. Passengers can book the entire private charter or on a seat-sharing basis. The CM will inaugurate this service in Ujjain on June 16th. Previous Next

< Back New aviation bill to reduce aircraft leasing cost and maybe airfares 20 Mar 2025 The Cape Town Convention-Centric Bill 2025 aims to reduce aircraft leasing costs by 10%, which may ultimately reduce airfares. The Aviation Ministry presented the Cape Town Convention-Centric Bill, legally known as the Protection of Interests in Aircraft Objects Bill, 2025, in Parliament on February 10th. The bill facilitates quicker aircraft repossession in case of defaults, reduces leasing, financing and operational costs for airlines, and promotes domestic leasing and financing options through GIFT City, Gujarat. It will implement the Cape Town Convention and Protocol provisions and boost the Indian aircraft financing industry. The bill allows aircraft owners to reclaim their planes within two months of airline default or bankruptcy. It empowers the DGCA (Directorate General of Civil Aviation) to supervise the implementation. Axis Bank became the first Indian bank to offer aircraft financing through GIFT City. It cleared a long-term USD loan for Air India’s leasing subsidiary, AI Fleet Services, to purchase 34 training aircraft. Air India is discussing a multi-billion-dollar order of 30-50 widebody aircraft with Boeing and Airbus. Never miss another post from SalestorrsNews150. Follow Salestorrs on WhatsApp , LinkedIn , Facebook , X , and Instagram . Previous Next

< Back Phone, car, and FMCG sales rise ahead of the festive season Ishita Nigam 2 Oct 2023 FMCG sales grew by up to 12%, car sales by 5%, and smartphone sales by 2% in July and August. Continuing the annual trend, FMCG, phone, and car sales rose in the quarter ending September 2023. FMCG sales, which experienced a major decline since the second half of 2021 due to pandemic related demand and high inflation, rose by up to 12% by value and by 15% by volume in the last quarter. Rural India has been a steady contributor to this growth. Eatables and washing products, like detergents, sold well, while personal care products weren’t far behind. Mid to premium range electronics drove sales growth in India. High valued items like TVs and washing machines saw a jump in sales, while entry level products didn’t budge. Vijay Sales and Reliance Retail reported sales growth in double digits. Consumer demand for SUVs, combined with enhanced availability of semiconductors, pushed the growth figures past 5% for the auto industry. Among them, Maruti Suzuki alone witnessed an uptick of 24% around Onam. Previous Next

< Back Govt approves health insurance for Senior Citizens aged 70 and above 12 Sept 2024 Ayushman Bharat Pradhan Mantri Jan Arogya Yojana, or AB PM-JAY, will offer ₹5 lakh health insurance coverage to approximately six crore Indian citizens. Besides new enrolments, those already enrolled under AB PM-JAY will receive an additional health coverage of up to ₹5 lakh per annum per family. This amount cannot be shared with family members below the age of 70. The beneficiaries from around 4.5 crore families will be issued a new ID card under the scheme. Citizens enrolled in CGHS, ECHS, or CAPF can choose between their existing coverage and AB PM-JAY. Those with private insurance or enrolled with Employee State Insurance (ESIC) will also be eligible for this scheme. Citizens and families of Accredited Social Health Activists (ASHAs) and Anganwadi Workers and Helpers (AWWs and AWHs) will also be eligible. AB PM-JAY is the world’s biggest government-funded health insurance scheme for secondary and tertiary care hospitals. Secondary care involves expert medical services offered after referral from a primary care provider, while tertiary care offers highly specialised services for complex health conditions. Previous Next

< Back Reliance to form a JV to absorb Disney’s India operations 14 Dec 2023 RIL will take a 51% stake in the upcoming unit under Viacom18 and merge Star India’s media operations. Reliance Industries will likely pick up a 51% stake in a new unit coming up under Viacom18 in possibly an all cash deal; Disney will hold a 49% stake in the new entity. The new unit will absorb Disney’s Star India media operations through a share swap deal. Disney’s India assets include the Disney+Hotstar OTT platform and Star India. Viacom18 currently runs the JioCinema streaming platform. Earlier, Reliance battled Disney to offer free streaming of IPL 2023. This move catapulted JioCinema to the #1 position as the most downloaded app in the country by May 2023, compared to the 13th rank in May 2022. Reliance also bought the rights to various movies and shows by global networks like HBO, NBC, and Warner Bros. It aims to build a platform with audience volumes bigger than television. It wants to become India’s foremost digital group and is not competing with other OTTs. Previous Next

< Back Third Wave Coffee engages in a price war with Starbucks Ishita Nigam 10 Oct 2023 The Bengaluru-based coffee startup, which started operations in 2016, offers locally sourced special coffee at affordable prices. If the tea-drinking audience wasn’t enough, Starbucks faces stiff competition from Indian rivals like Third Wave and Blue Tokai Coffee. Blue Tokai is still a Minicorn with a funding of $46 million, while Third Wave Coffee now has a valuation of $150 million. Canadian Tim Hortons and British Pret a Manger also entered the Indian market this year. For every three Starbucks outlets, one Third Wave Coffee is luring their customers away with cheaper pricing for a brilliant cup of coffee. The startup is also present in Delhi, Gurugram, Noida, Mumbai, Pune, Chandigarh, Hyderabad, and Coonoor. In Bengaluru alone, Third Wave Coffee operates 40 outlets compared to Starbucks’ 35. It has led Starbucks to sign a lease with a Bengaluru Mall with a ‘Café Exclusivity’ clause to be the only café on the floor. Starbucks introduced the Indian Chai for ₹185 to lure the 91% tea-drinking Indian population. Previous Next

< Back Eight US newspapers sue OpenAI, Microsoft over illegal content usage 1 May 2024 They accused the two companies of illegally using news articles to power their AI chatbots. Alden Global Capital’s eight newspapers in the US sued OpenAI and Microsoft over allegations that the two companies illegally used their content to fuel their AI chatbots. The dailies The New York Daily News, The Denver Post, The Chicago Tribune, The San Jose Mercury News, The Orlando Sentinel, The Sun Sentinel of Florida, The St. Paul Pioneer Press, and The Orange County Register filed the case in the Federal Court of the US Southern District of New York. The complaint mentions Microsoft and OpenAI used millions of copyrighted news articles without seeking permission from the newspapers to train their AI tools ChatGPT and Microsoft Copilot. The chatbots often display text from subscription-only articles without a backlink to the source. The publications are seeking a jury trial and fair compensation for using their news articles. Some companies have struck a deal with OpenAI and Microsoft to allow paid access to their content. Previous Next

Son smartphone Mate 70, présenté la semaine dernière, fonctionnera sous le propre OS. < Back Huawei lance son système d’exploitation (OS) HarmonyOS Next Son smartphone Mate 70, présenté la semaine dernière, fonctionnera sous le propre OS. Considéré comme un tournant pour les relations entre les États-Unis et le Chine, le Huawei introduit son propre système d’exploration, HarmonyOS Next. Elle vise à concurrent Google et Apple. Elle utilisait auparavant Android OpenSource Project (AOSP) jusqu’à ce que l’administration américaine prenne des sanctions à l’encontre du géant chinois des télécommunications. Les experts estiment qu’il s’agit d’une déclaration ferme de la Chine indiquant qu’elle n’est pas dépendante des sanctions américaines. Cette décision montre la puissance de la Chine dans le développement de ses propres puces. Les États-Unis imposent des sanctions à la Chine depuis 2017. En 2018, l’administration Trump a interdit au ministère de la défense d’acheter des systèmes de télécommunication a Huawei. En 2020, le gouvernement américain a interdit aux entreprises américaines de vendre de semi-conducteurs à Huawei. Huawei comptait parmi les plus gros clients de Qualcomm. En 2023, ses bénéfices ont chuté de 70 %. Previous Next

< Back Australia to eliminate all tariffs on Indian exports eff Jan 1 30 Dec 2025 The announcement came on the third anniversary of the Indo-Australian Economic Cooperation & Trade Agreement (ECTA). Starting January 1, 2026, Australia will eliminate all tariffs on Indian exports. It is expected to significantly boost India’s labour-intensive sectors and deepen bilateral trade ties. Piyush Goyal, Commerce and Industry Minister, made the announcement on December 29 th . Since the ECTA implementation, Indian exports to Australia rose by 14% in 2023-24 and by 8% in 2024-25. Bilateral goods trade recorded $24.1 billion in 2024-25. Gems and jewellery alone increased exports by 16%. Sectors benefitting from the ECTA include pharma, chemicals, manufacturing, textiles, plastics, petroleum products, agricultural products, and gems and jewellery. The Mutual Recognition Arrangement (MRA) on Organic Products boosted India’s organic exports to Australia to USD 8.96 million in 2024-25. Products such as psyllium husk, coconut milk, and rice benefited the most from the MRA. India has a similar MRA with Taiwan, which allows Indian organic products to be sold in Taiwan and vice versa. Check out my new book, THE BLACK FLAMES , on Amazon Kindle. A gripping, high-stakes mystery. ⭐⭐⭐⭐.6 stars on Amazon ⭐⭐⭐⭐⭐ on Goodreads Previous Next

< Back 5,000 Swiggy employees make ₹9,000 crore after IPO success 16 Nov 2024 70 former and current employees stand to earn over $1 million (₹8.5 crore each) in Employee Stock Option Plans (ESOPs). Food delivery major Swiggy’s ₹11,327 crore IPO last week is among the largest for a startup in recent years. Its shares debuted at ₹420 on the National Stock Exchange (NSE), a 7.7% premium over the issue price of ₹390. They opened at ₹412 on the Bombay Stock Exchange (BSE), a gain of 5.64% from the issue price. Of the 5,000 Swiggy employees set to earn ₹9,000 crore in ESOP payouts, 500 will earn over ₹1 crore each, and 70 of these 500 will take home over ₹8.5 crore each. Moneycontrol reported that Swiggy co-founders and the top executive team received $200 million in ESOP payouts before the IPO. Several of them saw their ownership stake in the company rise before the listing. Zomato had listed on the exchanges in 2021 and generated ESOP payouts worth ₹7,000 crore. Flipkart paid ₹5,800 crore to 17,000 existing and former employees in July 2023. Previous Next

< Back IndiGo, Air India to revise pilot rest hours from Jun’25 2 Jan 2025 Directorate General of Civil Aviation (DGCA) framed revised flight duty time limits to be implemented from January but redacted after the airlines’ protest. The matter of the pilot rest period to be increased to 48 hours per week has seen IndiGo and Air India engaging in a legal battle with DGCA. DGCA also proposed that after every week off, airlines should schedule pilot shifts only from 10 am. While IndiGo protested due to its impact on operations, Air India agreed to increase the weekly rest period to 48 hours from the current 36 hours. The Federation of Indian Airlines (FIA), an airline’s lobbying group, said the new guidelines will require up to 20% additional pilots. IndiGo mentioned it would need to hire up to 3% more crew. While DGCA agreed to implement fresh rules after due consultation with both airlines in July 2025, the pilot unions demanded the new rules to be implemented by Feb 15th. The airlines want DGCA to implement a Fatigue Risk Management System (FRMS) before considering these guidelines. Previous Next