Author: Ansh Singh

New Delhi: Posist, a pioneer in cloud-based restaurant technology solutions, announced a comprehensive rebranding as it changed its name to Restroworks. This new identity reflects the company’s transformation since its inception in 2012 from a Point of Sale (POS) provider to a unified technology platform serving global restaurant chains like Taco Bell, Subway, Nando’s, Buffalo Wild Wings, Belgian Waffle Company, and groups like Dabur, ITC, and Reliance across multiple formats, including food courts, IT parks, universities, food zones in airports, among other. A global leader in restaurant management software announces comprehensive rebranding to reflect its vision and commitment to restaurant technology. …

New Delhi: Bringing with him a distinguished record in strategic business and technology development across various sectors such as Electronics & Semiconductors, Broadband, and Wireless communications, Mr Karampuri will steer SHARP’s endeavours to expand its footprint in India in Display, promote the brand business of its consumer electronics, while also focusing on developing strategic partnerships in manufacturing, technology transfer, and development of smartphone components, camera modules, TV panels, precision engineering solutions, sensors, and semiconductors. With extensive leadership experience within the State Government of Telangana, including roles as Director of Electronics and Semiconductors, CEO of T-Works, and Managing Director of Telangana…

Noida: Noida International University’s Department of Nutrition and Dietetics at the School of Allied Health Sciences recently hosted a spectacular Cooking Competition – Cooking Without Fire, where students showcased their culinary skills and creativity in preparing nutritious dishes without the use of gas or fire. The event was a collaborative effort by the Department of Nutrition and Dietetics to provide students with a platform to explore innovative cooking techniques and foster their creativity. Cooking without fire or fireless cooking challenges participants to prepare delicious and healthy meals using methods such as stirring, rolling, squeezing, and spreading. The competition witnessed enthusiastic…

Bangalore: Landscaping startup, Garden of Joy has raised INR 84 Lakhs in a Seed Round led by Inflection Point Ventures. They plan to utilize funds to expand operations in Bangalore, expanding to 5 additional cities, developing a design tool with a pricing calculator, and vertically integrating through owning workshops for fabrication and civil work. Garden of Joy offers customizable project management solutions for urban landscaping, delivering affordable and beautiful outdoor sanctuaries tailored to individual preferences and needs. Funds will be utilized to expand operations in Bangalore and 5 additional cities, develop a design tool and vertically integrate through owning workshops…

New Delhi: Lenskart is gearing up to establish a ‘mega factory’ near Bengaluru airport, seeking approximately 25 acres of land for the venture. Peyush Bansal, the founder and CEO, made the announcement on social media, inviting potential sellers with suitable factory land within a 60-kilometre radius of Kempegowda Bengaluru International Airport to reach out via email.  In response to Bansal’s call, Karnataka’s Minister for Commerce & Industries, Infrastructure, MB Patil, assured government support for Lenskart’s initiative, with officials set to engage with Bansal shortly.  Amidst these developments, Lenskart, reportedly part of SoftBank Vision Fund’s portfolio, is contemplating a public listing. Navneet…

New Delhi: Surinder Chawla, the Managing Director and CEO of Paytm Payments Bank (PPBL), has resigned from his position, as disclosed in a regulatory filing on Tuesday. His departure comes amid challenges faced by PPBL from the Reserve Bank of India (RBI). Chawla, who assumed his role in January the previous year following RBI’s approval, cited personal reasons and a desire to explore new career opportunities for his resignation. He is scheduled to be relieved from his duties at PPBL by the end of business hours on June 26, 2024, unless otherwise agreed upon mutually. RBI had taken significant regulatory…

New Delhi: Bandhan Bank’s founder and managing director, Chandrashekhar Ghosh, has announced that he will not retain a non-executive role on the bank’s board upon his retirement on July 9th. Ghosh made this decision voluntarily, emphasizing that the Reserve Bank of India (RBI) played no part in his resignation. During a discussion with analysts and investors, Ghosh explained that the board will commence the process of identifying his successor, with the expectation of finalizing candidate selections by July. He also mentioned the possibility of appointing an interim chief executive officer if the RBI’s approval for the new CEO is not obtained by…

New Delhi: Vistara is taking steps to address its ongoing crisis by considering the deployment of first officers from Air India, according to the sources. However, the resolution may not be immediate, as these officers must undergo approximately 40 days of compulsory training before they can operate Vistara planes in accordance with the regulations set by the Directorate General of Civil Aviation. This training involves 21 days of ground training with simulator sessions and line training.  Although both Vistara and Air India belong to the Tata Group, any exchange of pilots requires formal training procedures to be followed. Additionally, Air…

Bengaluru: To cater to customer needs and expand its presence in the southern region, ORRA, India’s leading diamond jewellery brand, has inaugurated a new store in Kammanahalli, Bengaluru. Spanning an impressive 3072 square feet, the showroom emphasises ORRA’s commitment to growth and expansion in the market. It highlights the brand’s latest diamond jewellery collections, with a special focus on the exclusive 73-faceted ORRA Crown Star – India’s brightest patented diamond. The store is designed with contemporary interiors, comfortable seating, and a dedicated bridal lounge, all aimed at providing customers with an exceptional shopping experience. On the store launch, Mr. Dipu…

New Delhi: Elon Musk recently announced plans to unveil a Tesla robotaxi on August 8, following earlier reports from Reuters about Tesla’s alleged shift away from a $25,000 low-cost electric vehicle (EV) to focus on the robotaxi project. Musk disputed Reuters’ claims on X, his social network, without providing evidence to support his assertion. However, he subsequently confirmed the unveiling of the Tesla robotaxi in August. Reports have circulated for some time regarding Tesla’s development of both a lower-cost EV and a robotaxi. Despite this, Musk has vacillated on whether to prioritize a traditional car with a steering wheel and…