Author: Ansh Singh

New Delhi: With a remarkable resurgence in the fast fashion apparel segment, Snitch, a leading direct-to-consumer (D2C) men’s fashion brand, is thrilled to announce its expansion of product portfolio with the launch of two new exciting categories, Shoes and fragrance. The company anticipates a significant increase in revenue from INR 110 cr in FY23 to an impressive INR 250 cr in FY24. With the brand’s commitment to style and innovation, Snitch is again set to lure its customers with the most stunning and distinctive collections under both the Shoes and Fragrances categories, along with its fast fashion apparel collection amidst a…

While major corporations are eager to address climate challenges, they often lack the ideal solutions. This presents an opportunity for innovative startups to shine and gain prominence in the realm of environmental progress. Here’s a list of five venture capital firms to keep an eye on in the sustainability sector. Green Frontier Capital – Green Frontier Capital (GFC) is New York-based India’s first climate-tech-focused VC founded in 2020 by Sandiip Bhammer, having made investments in industry-leaders across renewable energy, food and agri tech, electric mobility, and consumer lifestyle, among others. GFC’s founding team brings decades of experience to work closely…

New Delhi: The largest smartphone and laptop chip-making company, Qualcomm, is in the news for firing over 1258 of its employees in California due to less demand for its product. The California Employment Development Department (EDD) reports that the Company employs more than 50,000 people, which makes it one of the most robust management workforce companies. The largest manufacturer of semiconductors for smartphones in the world, Qualcomm, has revealed that it would be drastically firing its staff. This news follows earlier rumours that Meta was also letting go. According to a Bloomberg report, almost 750 of the laid-off workers are…

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…