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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

< Back Maharashtra CM inaugurates Nifty WAVES Index 2 May 2025 Launched by the National Stock Exchange (NSE), the WAVES Index will track the performance of the creative economy. The World Audio Visual and Entertainment Summit (WAVES) Summit 2025 aimed at establishing India as the global epicentre for the creative streams. The new WAVES Index launched during the Summit includes 43 listed companies from the creative sector, including Zee Media, Hathway Cable, PVR Inox, Saregama, Network18, and TV Today. It has been set with a base value of 1000 beginning from April 1st, 2005. The new index will organise performance tracking of India’s creative industries. India’s creator economy employs 8% of the workforce and contributes $30 billion to the GDP. Maharashtra CM Devendra Fadnavis announced MoUs worth ₹8,000 crore for the sector development aimed at positioning Maharashtra as a global hub in the storytelling domain. Godrej is developing a ₹2,000 crore studio in Panvel to attract global post-production work. The government also established the Indian Institute of Creative Technology in Mumbai to train professionals in creative fields. Never miss another post from SalestorrsNews150. Follow Salestorrs on WhatsApp , LinkedIn , Facebook , X , and Instagram . Previous Next

< Back C-295 military aircraft manufacturing plant inaugurated in Gujarat 30 Oct 2024 It is India’s first private military aircraft manufacturing facility, launched by Prime Minister Narendra Modi and Spanish Prime Minister Pedro Sánchez. India’s first military aircraft manufacturing facility, inaugurated in Vadodara, Gujarat, should be operational by next month. The first C-295 aircraft is expected to launch in September 2026. India signed the ₹21,935 crore deal with Airbus Defence and Space SA, Spain, to procure 56 C-295 replacing the Indian Air Force’s ageing Avro-748 aircraft. According to the agreement, Airbus will deliver 16 fully assembled aircraft from Spain, while Tata Advanced Systems Limited (TASL) will make the remaining 40 in India. Airbus will also provide TASL with the needed manufacturing technology, component assemblies, and other tools. Indigenous systems, like radar warning receivers and missile approach warning systems, will be created and supplied by Bharat Electronics Limited and Bharat Dynamics Limited. Facilities for Maintenance, Repair, and Overhaul (MRO) will also be set up to position India as a domestic and international regional servicing hub. Aircraft manufactured at the Vadodara facility will also be exported. Previous Next

L’Espagne a vu 24 millions plus de touristes, une hausse de 14,5% que la même période de l’année dernière. < Back Les Espagnols protestent contre le surtourisme L’Espagne a vu 24 millions plus de touristes, une hausse de 14,5% que la même période de l’année dernière. Ce qui peut être vient telle une surprise, tourisme n’est pas en même demande en Espagne. En raison du surtourisme, tous les prix ont élevé en Espagne. Celui-ci causée la flambée en loyer l’approvisionnement en eau et le logement, les services de santé, et le management de déchets pour les habitants. Après les années covid, le tourisme a expérience une hausse feu a raison de vols a bas prix et les réseaux sociaux. L’Espagne a été témoin un augmenté en dépenses des touristes internationaux par 22,6% entre janvier et avril 2024. Barcelone émergé la ville la plus visitée dans ce pays avec environ 12 millions visiteurs par an. Pour protester contre surtourisme, environ 3 000 personnes participent aux manifestations organisées dans toute l’Espagne. Les autorités ont mets l’interdiction de cinq ans sur louer de logements aux voyageurs. Les portails comme Airbnb ne peut plus offrir des logis aux touristes. Previous Next

< Back Vodafone Idea signs ₹13,500 cr deal with Nokia for equipment 30 Sept 2024 Vodafone Idea (Vi) will buy equipment over three years to expand its 4G network and roll out 5G in nine circles. As per the ₹13,500 crore equipment deal, Nokia will provide Vi with a 5G AirScale Network gear portfolio and upgrade the company’s existing 4G network with multiband radios and baseband equipment to support 5G. Vi recently announced its plans to buy ₹30,000 crore of 4G and 5G network gear from Nokia, Samsung, and Ericsson over the next three years to boost its 4G operations and roll out 5G in major cities in 17 priority circles. As per the contract, Nokia will offer equipment for Vi in Andhra Pradesh, Gujarat, Mumbai, Haryana, UP-East, UP-West, West Bengal, Kolkata and Tamil Nadu/Chennai markets. Ericsson and Nokia will supply 45% of Vi’s 4G and 5G gears, while Samsung will offer 10%. Ericsson may receive nine circles - Himachal Pradesh, J&K, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Rajasthan, Northeast, and Assam. Samsung may get Bihar and Odisha. However, Ericsson and Samsung are vying for Delhi. Previous Next

< Back PayPal, Cashfree to apply for RBI license for cross-border transactions Ishita Nigam 6 Nov 2023 These payment aggregators must inform RBI of their cross border transactions within 60 days of applying for the license to continue their services. In a related move, the Reserve Bank of India (RBI) announced that foreign payment aggregators like PayPal, Paymate, and Cashfree will need a license from the central bank. Such companies awaiting the permit will have to keep RBI informed of all Payment Aggregator-Cross Border (PA-CB) guidelines. These guidelines rule the cross-border payments in and out of India. Till now, an authorised dealer or a sponsor bank facilitated these cross-border payments on foreign platforms. But as per RBI’s latest guidelines, a PA-CB can face penalties if they fail to abide. UPI payment channels like Google Pay and PhonePe may face similar regulations in the future. UPI transactions are at an all-time high. The overall transaction volume crossed 11 billion worth ₹17.16 lakh crores in October compared to 10.56 billion in September. Peer-to-merchant transactions comprised 25% of the total value and 60% of the total volume. Previous Next

Mars paiera 36 milliards de dollars dans le cadre d’un accord entièrement en espèces. Il a fixe le prix des actions de Kellanova a 83,50 dollars. < Back Le marque de bonbon Mars acheter Kellanova, le fabricant de Pringles Mars paiera 36 milliards de dollars dans le cadre d’un accord entièrement en espèces. Il a fixe le prix des actions de Kellanova a 83,50 dollars. L'opération apportera les marques de Mars telles Twix, Milky Way, Bounty et celles de Kellanova telles Pringles, Cheez-it, Rice Crispies, Pop Tarts, et Eggo Frozen Waffles sous une marque. Cela s’est passe parce que le lentement des ventes des entreprises américaines de produits alimentaire emballés. Les consommateurs sont devenus plus cautionnes sur le plan budgétaire et choisissent des produits moins chers. Mars achètera Kellanova au prix une prime de 33 % a comparaison de son prix de clôture du 2 aout. Kellanova fera partie de Mars Snacking après l’opération finalisée au cours du premier semestre de 2025. Kellanova ‘est séparée de WK Kellogg en octobre dernier, après quoi cette dernière s’est retrouvée avec les affaires céréalières nord-américaines de Kellogg. L’acquisition devrait se dérouler facilement à grâce à la similitude des produits de chaque compagnie. Kellanova est évaluée a 28,58 milliards de dollars sur la base de ses fonds propres. Previous Next

< Back Indian startups securing licenses to sell general insurance 4 Jun 2025 Corporate agency license allows companies to associate with 27 insurance companies in the life, health, and general insurance sectors. Indian startups are expanding their service portfolio to tap into the general insurance market and offer bundled services. Investment-tech firm IndMoney tied up with 13 insurance companies, while parking assistance firm Park+ obtained its license in March 2025. It plans to integrate multiple insurance companies and offer end-to-end vehicle insurance products. Ride-hailing app Rapido is in the process of securing the composite corporate agent license to offer trip insurance and vehicle coverage to drivers and riders, ET reported. Startups with extensive distribution networks are entering the space to offer general insurance products in underinsured sectors like fintech and mobility. The regulating authority, IRDAI (Insurance Regulatory and Development Authority of India), encourages tech-driven insurance distribution to enhance nationwide coverage. It is tweaking policies to accommodate non-traditional insurance distributors to facilitate market expansion. However, vehicle insurance remains dominated by offline agents. Never miss another post from SalestorrsNews150. Follow Salestorrs on WhatsApp , LinkedIn , Facebook , X , and Instagram . Previous Next

< Back Goa-based Fly91 to start operations from March 18th 12 Mar 2024 It will begin flights to Hyderabad and Bengaluru from Goa and from Hyderabad and Bengaluru to Sindhudurg. The Directorate General of Civil Aviation (DGCA) granted the air operator permit to the new regional carrier FLY91 on March 6th. It will commence operations from Goa on March 18th. It can fly on 20 routes in the first year. It will expand to Agatti Airport in Lakshadweep in April and soon connect Pune, Jalgaon, and Sindhudurg from Goa. Next on the list are Noida and Navi Mumbai airports . It has two ATR 72-600 planes and plans to add four more in six months. It leased the planes that Gurugram-based regional airline Fly Big had defaulted on last year. ATRs face night landing issues and try landing before nightfall. This impacts their network and route coverage. FLY91 Founder Manoj Chacko also co-founded Kingfisher Airlines. He managed to secure ₹200 crore from around 40 investors, including Ramesh Damani of Damani Finance and Rajeev Chitrabhanu, Founder of the advisory investment firm Magnetic. Previous Next

< Back Jio to launch satellite internet in India 15 Jun 2024 Orbit Connect India, a joint venture between Jio Platforms and Luxembourg-based SES, will provide satellite internet across India. Orbit Connect India secured the approval of the Indian National Space Promotion and Authorisation Centre (IN-SPACe) to offer satellite internet across India. It gathered three approvals between April and June 2024, which allowed it to position satellites above India. However, it will need more approvals, for instance, from the Department of Telecommunications, to begin operations. Amazon’s Kuiper and Elon Musk-owned Starlink are still awaiting approval to offer satellite internet in India. The British Satellite Telecom firm Immarsat and OneWeb, backed by Eutelsat Bharti Enterprises, also obtained approval from IN-SPACe to operate satellite internet in India. Given the demand for satellite internet, especially in rural India, the market is expected to grow by 36% to reach ₹16,000 crore in the next five years. Elon Musk's cancellation of his visit to India in April and departure to Beijing instead seems to have hit a nerve with the government. Previous Next

En février, le CEO Tony Spring a ’annoncé la décision pour fermer d’ici 2027 ses 150 magasins qui consomment 25 % de la surface brute et ne génèrent que 10 % de ses ventes. < Back La fermeture d’un tier des magasins de Macy’s aura impact sur les centres commerciaux américains En février, le CEO Tony Spring a ’annoncé la décision pour fermer d’ici 2027 ses 150 magasins qui consomment 25 % de la surface brute et ne génèrent que 10 % de ses ventes. A cause de la croissance des achats en ligne, les villes petites ne peuvent plus maintenir les grands centres commerciaux. C’est pourquoi que la chaine américaine populaire Macy’s ferme ses magasins dans tout le pays. Elle prévoir d’investir dans 350 magasins existants et d’ouvrir des nouveaux pour ses marques plus performantes telles Bloomingdale’s et Bluemercury. Cette décision causera la fermeture des centres déficitaires et libérera de l’espace pour des marques lucratives. Au cours des dix dernières années, Macy’s a fermé un tier de ses magasins. En mai, il avait 503 magasins à tout le pays. Lord & Taylor, JCPenney, et Sears sont d’autres enseignes qui quitter les centres commerciaux. L’espace utilisera pour développer des logements ou des lieux de divertissement. Les nouvelles marques telles T.J. Maxx, Dollar General et Five Below préfèrent les centres de banlieu. Les magasins de Macy’s s’occupant 200 000 a 250 000 pieds en moyenne. Previous Next

L'interdiction entrera en vigueur à partir d'octobre 2025. < Back Le Royaume-Uni interdit la publicité pour la malbouffe L'interdiction entrera en vigueur à partir d'octobre 2025. Le gouvernement travailliste britannique interdit les publicités pour les aliments prêts à consommer riches en sucre, en sel et en matières grasses à partir d’octobre 2025. Ces publicités ne peuvent pas être diffusées à la télévision avant 21 heures. Il inclura des annonces en ligne payantes. Cette interdiction vise à réduire l’obésité infantile. Elle concerne les produits de boulangerie, les pizzas, les boissons non alcoolisées ainsi que les aliments surgelés tels que les crèmes glacées. Toutefois, la décision d’ajouter le porridge et le muesli à la liste a suscité des critiques. Les Conservatifs avaient promis l’interdiction en 2021 lorsque Boris Johnson était Premier Ministre. Toutefois, la mise en œuvre a été reportée afin de laisser à l’industrie un peu plus de temps pour se préparer. Leur manifeste comprenait également la promesse d’interdire la vente de boissons énergisantes à forte teneur en caféine aux enfants de moins de 16 ans. Ne manquez pas un autre post de SalestorrsNouvelles150. Suivez Salestorrs sur WhatsApp, LinkedIn, Facebook, X, and Instagram. Previous Next