Author: Ansh Singh

New Delhi: Anticipated to surpass its 2019 record of 28,360 Memorandum of Understanding (MoU) signings, the upcoming Vibrant Gujarat summit, scheduled to commence this Wednesday, signals a remarkable recovery for the state following the cancellation of the 2021 edition due to pandemic restrictions. Rahul Gupta, Vice Chairman and Managing Director of the Gujarat Industries Development Corp, expressed optimism about breaking previous records. Prime Minister Narendra Modi is set to inaugurate the summit on Wednesday, being in Gujarat from Monday until January 10. Addressing rumors of a potential MoU with Tesla, Gupta clarified that while there is no confirmed agreement, the…

New Delhi: Netflix’s subscriber growth has been slowing down amid increasing competition from streaming rivals like Disney and the newly announced WarnerMedia/Discovery merger. In response, there are reports suggesting that Netflix is contemplating the introduction of a video game service. This move aims to not only boost subscriber numbers but also create a new source of revenue. The video gaming industry, despite its long history, experienced significant revenue growth during the pandemic, surpassing the combined revenues of the movie and music industries. As a result, video gaming has emerged as the fastest-growing entertainment category, with continued growth anticipated in the…

New Delhi: PhonePe, the leading Indian digital payments platform, has recently announced the appointment of Ritesh Pai as the Chief Executive Officer for its international payments business. This strategic move is part of PhonePe’s ambitious plans for global expansion, and Ritesh Pai’s extensive experience in the banking and digital payments sector positions him as a valuable asset in driving the company’s growth beyond national borders. Ritesh Pai brings a wealth of expertise to his new role, having previously served as the Senior Group President and Chief Digital Officer at Yes Bank, a prominent financial institution in India. During his tenure…

Mumbai: WiseX, India’s leading Neo-Realty investments platform, today announced its hiring plans for 2024. With an aim to continue its mission to revolutionize alternative investment space in India, WiseX is looking to triple its workforce across several functions and levels in Bangalore and Delhi. WiseX – Leadership Team: This extensive recruitment drive underscores WiseX’s strategic ambition to achieve Rs.1,000 crore Assets Under Management (AUM) by 2024. The company is on a high growth trajectory and is looking to attract top-tier professionals across levels in functions such as sales, business development, finance, technology, marketing, and operations. This will enable WiseX to…

New Delhi: Frontdesk, a startup overseeing over 1,000 furnished apartments across the United States, terminated its entire 200-person workforce on Tuesday after unsuccessful attempts to secure additional funding; according to sources, the mass layoffs occurred just seven months after the Milwaukee, Wisconsin-based startup acquired its smaller rival, Zencity. The dismissals, affecting full-time and part-time employees and contractors, were carried out via a brief Google Meet call on Tuesday afternoon, as recounted by an employee present at the virtual meeting. CEO Jesse DePinto informed the staff during the call that Frontdesk would be pursuing state receivership as an alternative to bankruptcy.…

New Delhi: The share price of DMart witnessed a decline of nearly 4% to ₹3,940 per share after the release of the Q3FY24 business update, which fell short of analysts’ expectations. Despite the broader Indian benchmark indices approaching record highs, certain large-cap stocks, including Avenue Supermarts, the operator of the DMart retail chain, have struggled to gain momentum over the past two calendar years. In its latest report, the company disclosed a 17.18% improvement in standalone revenue from operations, amounting to ₹13,247 crore. This growth was fueled by a 5% increase in revenue per store to ₹1,565 million and an…

New Delhi: Samsung is preparing for the upcoming launch of its Galaxy S24 series, putting an end to a year of speculations and leaks. The Samsung Galaxy Unpacked event is reportedly scheduled for mid-January, where three models are expected: the Samsung Galaxy S24, Galaxy S24 Plus, and Galaxy S24 Ultra. Contrary to earlier leaks hinting at satellite connectivity for the Samsung Galaxy S24 Ultra, a recent report suggests that this feature is unlikely to be included, setting it apart from the iPhone 15 Pro Max. According to reports, the anticipated release of the Samsung Galaxy S24 Ultra is expected earlier…

New Delhi: On Tuesday, Prime Minister Narendra Modi’s YouTube channel achieved a significant milestone by surpassing 20 million subscriptions, distinguishing itself as the most subscribed channel among top global leaders. Notably, Narendra Modi is the sole world leader to attain this distinction, leading both international and Indian counterparts by a considerable margin. Comparatively, the global leader with the second-highest number of followers is former Brazilian President Jair Bolsanora, whose YouTube channel boasts 6.4 million subscribers, a fraction of the subscribers on Narendra Modi’s channel. Following closely is Ukrainian President Volodymyr Zelenskyy, whose channel has 1.1 million subscribers. The Narendra Modi…

Ahmedabad: In a groundbreaking strategic move, CLEAR Premium Water proudly announces undertaking a majority stake in KELZAI Volcanic Water, celebrated for its distinctive natural mineral water sourced from volcanic springs. This acquisition marks a momentous milestone for CLEAR Premium Water as it boldly charts its course toward expanding its product portfolio and pioneering innovation in the bottled water industry. KELZAI Volcanic water is a testament to the ancient tale of a million years ago when the supercontinent of Pangaea tore itself apart, which led to the formation of the mighty Indian subcontinent. The interaction of the rigid lithospheric plates led to…

New Delhi: Brioni, the epitome of luxury menswear, hosted an extraordinary affair at its First flagship store in the capital, welcoming an exclusive assembly of dignitaries and celebrities. The event showcased the latest FW’23 Collection, a masterful fusion of timeless craftsmanship and unbridled sophistication. The New Delhi boutique showcases Brioni’s extensive range of ready-to-wear clothing and accessories collections, complemented by the exclusive Bespoke service. In attendance were luminaries such as Rajiv Kumar, Ritesh Kumar, Shikha Begwani, Vinod Nair, Saurabh Bharara, Pushpa Bector, Dr. Kazem Samandari, Mumtaz and Faizal Patel, Siddhartha Tytler, Khalid Wani, Jeetinder Sandhu, and other influential personalities from…