Author: Ansh Singh

New Delhi: Dmart, owned by Avenue Supermarts, has declared its June to September quarterly reports. According to the exchange report, the company’s overall Revenue increased by 18.50 percent compared to the previous year. In Q2FY24, the company’s EBITDA margin was 8.1%, down from 8.6% in Q2FY23. Neville Noronha, CEO & Managing Director of Avenue Supermarts Limited, commented on the company’s Q2 2023 performance: “Revenue increased by 18.5% in Q2 FY 2024 compared to the same quarter the previous year. Due to the decreased contribution from the higher margin General Merchandise and Apparel division, our gross margins are still lower than they…

New Delhi: Luxury cars have long been associated with achievement and prestige; many individuals aspire to acquire luxury cars. But smart and wealthy individuals consider luxury cars as a wise investment. We’ll talk about whether luxury vehicles are a wise investment or just a status symbol in this article. The Fame Game: Luxury cars are frequently connected to prosperity and prestige, which represent power and money and possess one identity and accomplishments. As a representation of prosperity and an opulent lifestyle, luxury cars are frequently shown in TV series, films, and music videos. You may feel more confident and proud of…

New Delhi: In response to a media report indicating that the co-founder of IndiGo airline, Rakesh Gangwal, was in advanced discussions to buy a stake in the BSE-listed company SpiceJet Ltd. Which saw a roughly 18% increase in shares during Friday’s trading. At the conclusion of the June quarter, Gangwal owned 5,10,21,132 shares or 13.23% of InterGlobe Aviation Ltd. In accordance with the Supreme Court’s order, SpiceJet sent $1.5 million to Credit Suisse last month. The transaction took place on September 14. In accordance with the Delhi High Court’s orders, SpiceJet has paid Kal Airways Private Limited Rs 100 crore. According…

Bengaluru: HealthWorksAI, an industry-leading B2B SaaS healthcare analytics company, today announced the appointment of Peter Rodes as the Co-founder and Chief Strategy Officer (CSO). HealthWorksAI is one of the leading healthcare data analytics companies in the US, providing healthcare payers with rapid access to actionable insights for expansion in Medicare Advantage. Peter Rodes: As an industry veteran, Peter has rich experience featuring leadership roles at renowned firms such as HealthNet, BlueCross and BlueShield affiliates like HCSC (Blue Cross and Blue Shield of Illinois, Montana, New Mexico, Oklahoma & Texas) and Direct Marketing Agencies. He has been instrumental in nurturing the…

Haryana: A truly global brand, LML is pleased to announce that it has acquired land in Haryana, which is located just off the Delhi Mumbai Expressway, on the main highway from Gurgaon to Alwar. It is a 65-minute drive from Rajiv Chowk. This development marks a significant milestone for LML as it solidifies its commitment to expanding the company’s operations and promoting sustainable mobility solutions in India. The newly acquired land will serve as the foundation for LML’s state-of-the-art EV industrial park. This park aims to revolutionize the EV manufacturing landscape by combining cutting-edge technology, innovation, and sustainable practices under…

Chennai: Driven by purpose & desire to make a social impact, Tamil Superstar & Jawan actress Nayanthara and her husband Vignesh Shivan have invested in the Chennai-  startup ‘The Divine Foods’, the fastest growing food tech D2C brand in India. The startup’s philosophy, “Let Food be the medicine”, caught their attention as the startup is promoting superfoods and healthy foods to counter increasing health issues. The South superstar has now taken Bollywood by storm. From tying the knot with Vignesh Shivan last year to making her Bollywood debut in Shah Rukh Khan starrer, she’s made headlines as both an actress…

New Delhi: The financial world has witnessed a monumental shift with the integration of artificial intelligence (AI) into trading platforms. According to a report by Research and Markets, the global AI in the financial market is expected to reach USD 42.83 billion in 2023 and grow at a CAGR of 2.91% to reach USD 49.43 billion by 2028. In addition to this, a study by JPMorgan Chase revealed that AI-driven trading strategies outperformed human traders, particularly in high-frequency trading environments, thus raising the burning question: Is AI better than humans in the volatile trading landscape? The clash between AI-powered systems…

New Delhi: The introduction of Apple’s iPhone 15 series has attracted much interest and conversation. The company has had to deal with issues related to the newest series overheating and screen burn-in. In addition to that, there have been claims that some iPhone models have started shutting down without warning; this is considered an issue with the iOS 17 upgrade. A recent claim that details screen burn problems reported by owners of the iPhone 15 and iPhone 15 Pro on their brand-new smartphones has also surfaced online, adding to these worries. According to information provided by Tarun Vats, a well-known…

New Delhi: Groww, a fintech firm, has surpassed Zerodha to become the top brokerage in India thanks to more active investors. Groww has 6.63 million active investors as of the end of September 2023, whereas Zerodha had 6.48 million, according to NSE statistics. Groww is owned by Nextbillion Technology Private Ltd. and was created in 2014. The organisation offers mutual funds, investment management, tax preparation, and financial information services. Angel One placed third with 4.86 million active investors over the same time, while Upstox, a relative newcomer to the industry, landed in fourth with 2.19 million active investors.  RKSV Securities India Private Ltd.…

New Delhi: Amazon Music presents an extraordinary live podcast event, ‘India Pod Day,’ hosted by India’s premiere podcast network ‘IVM Podcasts’ and an award-winning Indian publisher ‘Westland Books’. The event will take place on October 17th 2023, at St. Andrews Auditorium, Mumbai. Highlighting the event’s star-studded lineup, ‘India Pod Day’ will feature renowned figures like Javed Akhtar, the prolific lyricist, poet, screenplay writer and author, joining live with Cyrus Broacha on his popular podcast, ‘Cyrus Says’ where he will talk about his recent released book ‘Talking Life’. Additionally, Hussain Zaidi will go live on the podcast ‘Has It Aged Well’.…