Author: Khushi Mundra

Mumbai: Indian pop sensation Zaeden steps into a new horizon as he announces the launch of his bespoke fragrance brand ‘SOL’ – a unisex perfume line born from the Stories of Life. A unique collaboration between Zaeden, Aesir Perfumes LLP, India’s foremost fragrance company, and REPRESENT, a trailblazer in talent management – SOL will take you on a sensory journey like no other. Crafted with passion and a deep connection to life’s stories, SOL is a unisex fragrance brand that promises a premium olfactory experience. It launches with two enchanting fragrances – Mystic Voice and Sweet Sea, each taking users on…

New Delhi: To allow state MSMEs to digitize their companies and sell goods online as part of the Walmart Vriddhi Supplier Development Programme, the Telangana government and the multinational retail corporation Walmart have signed a Memorandum of Understanding (MoU). The agreement was signed on Tuesday by Telangana’s Industries and Commerce Department and Swasti, the programme partner for Walmart’s Vriddhi Supplier Development Programme in India, to “facilitate the development of local MSMEs towards accessing a wider domestic market space, leverage online retail, and enable sustained growth and commercialization.” Following the MoU, Walmart would assist MSMEs in Telangana with capacity building by helping…

New Delhi: ISG Provider Lens Network, a report on software-defined solutions and services for Singapore and Malaysia, selected Wipro as a leader on Wednesday. The Managed SD-WAN Services, SDN Transformation Services (Consulting and Implementation), Enterprise Networks Technology and Service Suppliers, Secure Access Service Edge (SASE), and Edge Technologies and Services were the five service provider categories in which ISG evaluated 34 service providers. with the company having a significant Software Defined Networking (SDN) presence in Singapore and Malaysia, it designated Wipro as a leader in the five Quadrants. It added that the company’s emphasis on SDN transformation projects, constant value…

New Delhi: On Wednesday, the business banking and Payments platform, Razorpay introduced a MoneySaver Export Account designed especially for small and medium-sized exporters. Exporters now have the option to register an account in any of the more than 160 countries worldwide and receive payments locally using the Razorpay platform, saving on expensive transfer fees, chargebacks, and unsuccessful charges. The launch assumes significance amid growing exports from India and “serving markets such as the US, Middle East, Canada, and Europe, among others that witnessed exports of $63 billion; an 8 per cent growth from 2022,” Razorpay said.  It’s significant because exporters commonly…

New Delhi: Google’s parent company, Alphabet, surprised Wall Street with outstanding second-quarter earnings, exciting investors and driving up the price of the firm’s stock by 8% in after-hours trade. The strong performance was attributed to rising advertising income and consistent demand for Alphabet’s cloud services. Ruth Porat, the organization’s longtime CFO, will move into a new position after being instrumental in supervising Alphabet’s phenomenal expansion since her hiring in 2015. She will take over as President and Chief Investment Officer effective September 1. She will also be in charge of 2024 planning during this time as the business looks for…

New Delhi: A day after the business reported a 93% decrease in consolidated net profit for the June quarter, Tata Steel shares recovered early losses. They were up more than 2% in Tuesday’s morning session on the bourses. The stock hit a low of Rs. 114.35 in the early trade, but it quickly recovered and was trading at Rs. 118.10, up 2.30 per cent on the BSE. The NSE stock started at Rs 115 before dropping to a low of Rs 114.35 and closing at Rs 117.95, up 2.12% per share. The 30-share BSE Sensex, meanwhile, was down 48.05 points,…

New Delhi: Even if brownfield expansions, including operationalising existing mines, remain a focus, JSW Steel selectively bids for iron ore and coking coal mines to ensure raw material security. According to a top executive, the Sajjan Jindal-led corporation also aims to lower operating costs across all of its facilities, while expansion plans for 37 MTPA are proceeding as planned. “We want to ensure raw material security, so we are first looking at operationalizing our recently won iron ore mines. We run six more mines now, two each in Karnataka, Maharashtra and Bihar. We expect to operationalize these in a year,…

New Delhi: Cognizant announced on Monday that it is expanding its IT service contract with Gilead Sciences for a total projected value of $800 million over the next five years, continuing the recent trend of software giants snagging large deals. Tata Consultancy Services (TCS) won a $1 billion deal from UK company Nest in June; as a result, Infosys signed a $454 million agreement with Danske Bank to work together on digital transformation and bought the bank’s IT centre in India. The news should boost the IT services industry, struggling with declining demand as clients put off less critical projects.…

New Delhi: According to official statistics cited in publications, Byju’s failed to pay provident fund (PF) to the bulk of its employees for June despite a warning from the Employee Provident Fund Organisation (EPFO) last month regarding irregularities in PF contributions. According to the data, Byju has already paid PF contributions to 738 employees in June, compared to 25,000 employees in May. Speaking with coworkers, it was established that June’s PF contributions had yet to be credited. Byju released PF payments for 24,818 employees on June 26 last month after Moneycontrol and a few other media sites complained about a…

New Delhi: Elon Musk publicly outlined why Twitter needed to be redesigned and is now known as X. One ‘X’ user posted a list of well-known companies with new names. Musk’s response outlined why the new X brand is more than just a name change. He asserted that X Corp bought Twitter to protect free speech. In his tweet, Musk said, “Twitter was acquired by X Corp both to ensure freedom of speech and as an accelerant for X, the everything app. This is not simply a company renaming itself, but doing the same thing.” According to him, the name…