Search Results

< Back Royal Enfield EV to launch in the first quarter of 2026 3 Jun 2025 The electric bike has been showcased many times, even at EICMA, the world’s biggest motorcycle trade show held every year in Milan. Flying Flea C6, Royal Enfield’s new EV, was set up for an exclusive event at Officine del Volo, Milan, where a select few influencers and media got a private preview. This built anticipation before the bike’s public debut at EICMA. The Flying Flea C6 is positioned as a retro-futuristic electric bike, less than 110 kg, with a forged aluminium frame, a round touchscreen display, a Snapdragon processor to enable over-the-air updates, and customisable ride modes. Royal Enfield began developing it two years ago as a part of its Rebalance strategy, to balance electric and fossil-fuel-based products. Flying Flea was originally a 59 kg WWII motorcycle, designed to be air-dropped via parachute to help the British army cross enemy lines and fight Nazis during the Normandy landings in 1940. The Flying Flea C6 will be a sub-product aimed at an audience different from Royal Enfield’s traditional customer base. Never miss another post from SalestorrsNews150. Follow Salestorrs on WhatsApp , LinkedIn , Facebook , X , and Instagram . Previous Next

< Back Singapore’s real estate major to invest ₹45,000 crore in India 4 Sept 2024 CapitalLand Investment (CLI) announced plans to increase its funds under management (FUM) in India by more than double by 2028. Singapore’s leading real estate enterprise, CapitalLand Investment, announced on August 28th its plans to more than double its investment in India by 2028. It will invest ₹45,000 crore in India in the next four years. This aligns with its goal of reaching $200 billion in FUM worldwide by 2028. Currently, CLI has around $7.4 billion (₹45,880 crores) invested in India. This is expected to cross ₹90,280 crores by 2028. The announcement came on the occasion of CLI’s 30th anniversary in India and when Prime Minister Narendra Modi is visiting Singapore to strengthen the two nations' strategic and bilateral relations. CLI began its journey in India 30 years ago with the launch of its first IT park, the International Tech Park Bangalore (ITPB), in association with Ascendas. India is one of CLI’s fastest-growing markets, and the company has witnessed its investments triple in the past seven years. Previous Next

< Back Blinkit launches 10-min ambulance services in Gurugram 4 Jan 2025 The service will be available for a flat fee of ₹2,000. Expanding their scope of quick commerce, Blinkit is set to launch ambulance services in select areas of Gurugram, India. It deployed five ambulances in the test phase on Thursday, January 2nd. Users will soon be able to book a Basic Life Support (BLS) service through the Blinkit app. The ambulances will have a paramedic, a trained driver, and an assistant. It will not offer services for neonatal care or ventilators. It will be equipped with AEDs (Automated External Defibrillator), oxygen cylinders, suction machines, monitors, stretchers, emergency medicines, including injections. The q-commerce startup plans to introduce the service in other major cities in India within the next two years. A few users highlighted the probable issue of users being asked to pay surge prices in times of high demand. Till December 2023, India had 17,495 BLS and 3,441 Advanced Life Support (ALS) ambulances. Previous Next

< Back Flipkart to offer bus bookings on app 12 Apr 2024 It has tied up with state and private transport companies to offer 1 million bus services on 25,000 routes across the country, Flipkart entered the travel domain by acquiring the travel aggregator ClearTrip in 2021. In 2022, it launched Flipkart Hotels, offering access to 30,000 hotels in India and abroad. It also sells airline tickets through Flipkart Flights. It started viewing the bus sector when it witnessed an 80% jump in ClearTrip’s bus bookings during the Big Billion Days festive sale last year. Over 60% of bus bookings come from tier 2 and 3 cities in India, where Flipkart has a stronghold. The eCommerce giant plans to create a one-stop shop for all travel needs. Moreover, due to the emerging expressways nationwide, bus bookings are expected to witness a 200% increase. Spiritual and revenge tourism (tours that follow a period of being unable to travel) are rising. The bus industry is highly competitive. Redbus is the biggest online bus booking platform globally and owns 75% market share in India. Previous Next

< Back Wow! Momo – The Indian dominant among foreign Quick Service Restaurants 19 Jan 2024 The Kolkata-based fast food chain, founded in 2008, reported a 93% revenue growth from ₹222 crore to ₹415 crore between FY2022 and FY2023. Wow! Momo is the only homegrown chain competing and surviving in the league of big brands like Domino's, KFC, and McDonald’s in India. After reporting a 93% hike in revenue, the Quick Service Restaurant (QSR) brand opened 190 new outlets nationwide and plans to add up to 180 by March. It currently operates 620 stores PAN India. It launched Wow! China in 2019, contributing around ₹14 crore in revenue monthly, and Wow! Chicken in 2022, that adds ₹3 crore revenue per month. All Wow! Momo outlets are company owned and run. Wow! Momo produces 10 lakh momos daily in its facilities in the north, west, and east. It sells frozen momos under the brand Wow! Momo Sales and recently launched Wow! Eats combining all three brands. It earns 44% of its revenue from online orders, including 10% from direct orders from ONDC, and it plans to increase them via its own app. Previous Next

< Back US Airlines saving time and costs with new strategies and tools 27 Nov 2023 While the time saved may look insignificant, it reduced costs and higher operational efficiency for an industry that is perpetually bleeding. Airlines in the US have started relying on various tech and strategies to help save time, which could translate to reduced costs and better operating efficiency. American Airlines deployed Machine Learning for flight gate allocation to save an average of two minutes of taxi time for every flight, a reduction of 20%, and hours of gate planning time. This translated as up to 11 hours saved daily, and numerous gate changes and conflicts cut down drastically. Airlines have also saved 1.4 million gallons of fuel annually and reduced CO2 emissions by 13,400 metric tonnes per year. Besides, United Airlines saved two minutes per flight by boarding economy class passengers first, followed by the middle and the aisle. Southwest Airlines uses better signage and music on the bridge for faster boarding. Frontier has started using staircases directly to and from its Airbus’ second door to expedite boarding. Previous Next

< Back Delhi skies may witness air taxis by 2026 20 Apr 2024 Archer Aviation plans to launch air taxis to cover the distance between Connaught Place, Delhi, and Gurugram in seven minutes for ₹3,000. Besides the US and UAE, Archer Aviation plans to launch air taxis in India by 2026. It partnered with InterGlobe Enterprises, the owner of IndiGo Airlines, and intends to replicate its model of achieving economies of scale with higher trip volumes and lower costs. Its air taxis, or electric Vertical Take-off and Landing (eVTOL) can take off and land vertically unlike helicopters. Moreover, being electric, it produces lesser emissions and noise. A way-way trip between Connaught Place and Gurugram will take seven minutes and is expected to cost ₹3,000, that is five times a cab ride. It will launch the service in Mumbai and Bengaluru after Delhi-Gurugram. Archer Aviation is in discussions with Directorate General of Civil Aviation (DGCA) to secure permissions. DGCA is formulating a policy specifically for urban air mobility, which differs from drone transport. Archer Aviation tied up with Honeywell, Safran, and Garmin for component supply. Previous Next

< Back Dubai’s Al Maktoum International Airport to be the world's largest 30 May 2024 The new airport will be five times bigger than the existing airport and have an annual handling capacity of 260 million passengers. Al Maktoum International Airport will be the world’s largest airport. Designs were approved, and construction began in April this year. The airport will be built over 70 square kilometres for around AED128 billion, or ₹2,900 crore. It will boast five parallel runways, five passenger terminal buildings with 400 aircraft gates, and some new innovative aviation technologies will be employed for the first time. It will handle approximately 12 million tons of cargo annually. In the next ten years, all operations of the current airport will be transferred to the new one. A new city will be built around the airport in Dubai South, housing a million people and hosting the world’s leading aviation and logistics enterprises. Phase I of the project will handle 150 million passengers globally and will be completed in ten years. With this, its government aims to catapult Dubai to the world’s top three economic cities. Previous Next

< Back Why Unified Code for Pharma Marketing Practices is difficult to implement 19 Mar 2024 The government implemented on March 12th a new code, UCPMP, to curb unethical practices in the pharma industry. The Unified Code for Pharma Marketing Practices (UCPMP) prohibits pharmaceutical companies from bribing doctors with paid foreign trips and hospitality stays, personal gifts for them and family members, monetary gifts for doctors, agents or distributors, or any cash payments or grants for doctors and their family members. It mandates that individual companies disclose any sponsorships for conferences and medical courses. However, there is no portal setup to report this. Industry experts believe this Code will be less effective since it is non-statutory and not enforced by a regulatory authority. It is not a law, and players in the Indian pharmaceutical industry will easily beat around it to incentivise medical professionals. Pharma associations need to form an ethics committee and create a portal linked to the pharma department, which will house an independent panel to audit such expenses. A code breach can lead to suspension of the entity from the association. Previous Next

< Back India’s 1st hydrogen train to undergo final trial in early 2025 30 Dec 2024 It is the first large-scale attempt worldwide to use hydrogen as a fuel for trains. The Research, Design, and Standard Organisation (RDSO), an Indian Railways wing, designed and released the model in December 2021. During the International Innovative Rail Expo in Lucknow, it was named NaMo Green Rail. However, an official name has yet to be decided. The train is scheduled for a final trial between Jind and Sonipat stations in Haryana in the first quarter of 2025, and operations will begin thereafter. Integration is being done at Chennai's Integral Coach Factory (ICF). The train will have 8 coaches and a capacity of 2,638 passengers. Its maximum speed will be 110 km/hour. Three additional coaches will store hydrogen cylinders and integrated fuel cell converters, air reservoirs, and batteries. It will be deployed on short distances. Hydrogen is used globally as a sustainable fuel in road transport, but its usage in rail transport hasn’t seen much success. The performance of NaMo Green Rail could be groundbreaking. Previous Next

< Back IT industry and AI, limited by unlimited liability 2 Jun 2025 Clients demand that IT firms take full liability for all mistakes their AI systems make. AI works probabilistically, which makes its outcomes unpredictable. More businesses expect global IT firms to include an ‘unlimited liability’ clause in their contracts to protect themselves against potential errors and resulting outcomes, and to negotiate more favourable agreements. IT firms are hesitant because of the fear of enormous financial repercussions. This is leading to prolonged or cancelled deals. A customer sued Air Canada after its chatbot produced misleading information, which went against the airline's policy. Lawyers representing Anthropic, an AI firm, apologised to a US Federal Court for an erroneous citation by their LLM, Claude. Reportedly, a prominent Indian IT firm walked away from the deal with a European Bank on the same grounds. Usually, IT operations and software development are considered low risk, and their contracts do not include unlimited liability clauses. In more regulated sectors, like insurance and energy, liability is capped at a percentage of contract value. Never miss another post from SalestorrsNews150. Follow Salestorrs on WhatsApp , LinkedIn , Facebook , X , and Instagram . Previous Next

< Back ChatGPT’s Sora: The text-to-video conversion AI tool 26 Feb 2024 Sora uses your texts to understand your video requirements. It can create videos of varying lengths, sizes, and shapes. OpenAI launched a text-to-video generator, Sora, in early February. It uses a diffusion model to break down your text input and create a video. It can generate complex scenes with multiple characters, varied backgrounds, and motions. The tool shows an advanced understanding of how things exist naturally and their physical behaviour. It can also understand human language and create characters showing specified emotions. Sam Altman, the CEO of OpenAI, invited several social media professionals to try out the new app, and the responses were ecstatic. The videos seemed real-life-like. But this also raised several issues about the societal implications of this technology. Currently, Sora is mainly available for Red Teamers, the cybersecurity professionals who act as enemies to assess the associated risks. Many designers, filmmakers, and visual artists are also given access to try out Sora. Meta and Google are working on similar tools. Previous Next