Author: Rahul Mehra
News Editor

New Delhi: Enigma, a young Make-in-India EV manufacturer from Madhya Pradesh, is excited to announce the launch of its first showroom in Nepal. This expansion marks a significant milestone for Enigma as it fortifies its foothold in the international market, underscoring the company’s unwavering dedication to expanding its global presence and capitalizing on emerging prospects. Located at Nagpokhri, Naxal, Kathmandu, the Enigma Electric experience centre promises to deliver an immersive and futuristic environment, providing customers with an unparalleled opportunity to explore Enigma’s cutting-edge electric vehicle offerings. Enigma has partnered with M/s Rising Trading Company Limited, based in Kathmandu, for the distribution…

New Delhi: Two Brothers Organic Farms, a leading provider of premium quality natural farm-made products, has announced the expansion of its product portfolio with the introduction of two new ghee variants: Arjun Ghee and Turmeric Ghee. This strategic move aims to capitalize on the growing demand for ancient Indian remedies and functional foods, driving growth and expansion in both the direct-to-consumer (D2C) and retail sectors. Arjun Ghee, formulated using the bark of the Terminalia Arjuna tree, and Turmeric Ghee, harnessing the power of turmeric, offer unique and holistic wellness experiences to consumers. These speciality ghee products, infused with the goodness of…

Bangalore: On World Environment Day, DrinkPrime, the IoT-enabled water purifier on rent, displayed its commitment to environmental sustainability by organising a tree planting programme with 370 students at two Bengaluru Government Schools, Sonnapanahalli and GLPS Suggatta-Hunasamaranahalli. DrinkPrime donated their smart water purifiers to these government schools as a part of their #DonateWithDrinkPrime CSR initiative last year. The event sought to empower young minds and inspire them to take responsibility for environmental protection, ensuring a greener and healthier future. DrinkPrime delivered tree saplings to the excited children as part of the programme, teaching them the importance of taking care of their…

New Delhi: Aditya Birla Group, a prominent business conglomerate, announced its entry into the branded jewellery retail industry with a substantial investment of Rs 5,000 crore. The newly established venture, Novel Jewels, will establish large-format exclusive jewellery retail stores throughout India, featuring in-house jewellery brands, according to a statement from Aditya Birla Group. This strategic decision is aimed at capitalizing on new growth opportunities and expanding the group’s presence in the thriving Indian consumer market, stated Kumar Mangalam Birla, Chairman of Aditya Birla Group. He emphasized that as disposable income increases, discerning and ambitious consumers are increasingly inclined towards design-led, customized,…

Gurugram: Elan Group, a leading real estate developer, announced the appointment of Mr Manoj Adlakha as a Strategic Advisor. As Elan Group’s strategic advisor, Mr Adlakha will be responsible for managing the various business aspects of the company, including marketing, to spur growth and strengthen the company’s brand positioning.  With an impressive career spanning over three decades, Mr Adlakha brings a wealth of knowledge and expertise to his new role at Elan Group. His exceptional background in the industry makes him a valuable addition to the team, and his insights will be instrumental in shaping the company’s strategic direction. Before joining…

Surat: Hello Entrepreneurs is thrilled to unveil the list of “Top 10 Environmentalists to Watch out in 2023” on the occasion of World Environment Day. The prestigious list features individuals who have shown exceptional dedication and commitment to the cause of environmental conservation. The list comprises both passionate environmental activists and visionary entrepreneurs who have demonstrated remarkable initiatives aimed at safeguarding our planet. These inspiring individuals have taken up the challenge to create positive change by implementing sustainable practices, advocating for environmental policies, and fostering innovative solutions to address environmental challenges. With their determination and tireless efforts, these individuals have…

Mumbai: As the world strives for a greener future, Exzod has emerged as a trailblazer in the pallet manufacturing, sale, pooling of pallets and Annual Maintenance Contract (AMC), business.  As we mark World Environment Day on June 5th, we need to relook at our sustainability goals. One of the key features of Exzod business, is the pooling model, where companies can conveniently access top-notch pallets at the exact time and location they require, freeing the company from the usual challenges associated with owning pallets. The pooling approach guarantees a seamless supply chain process, enabling corporates to dedicate their attention to…

The Department of Telecommunications (DoT) has formed a task force to propose additional incentives for domestic telecom chip manufacturers. The task force has recommended that the government provide incentives of up to 75% for the design and manufacturing of telecom chipsets. Currently, under an existing incentive scheme for semiconductor and display manufacturing, the government provides fiscal support of 50% of the project cost, which applies uniformly across all technology nodes. Semiconductors are essential components used in various products, including mobile phones, electronic devices, and automobiles. The DoT task force aims to boost domestic manufacturing in the telecom sector and increase…

New Delhi: The Reserve Bank of India (RBI) has recently proposed the development of a ‘lightweight payment system’ as a fallback option during extreme and volatile situations. Known as the Lightweight Payment and Settlement System (LPSS), this system aims to function as a payment facilitator when other payment systems like NEFT or UPI become temporarily unavailable due to disruptions in the underlying information and communication infrastructure caused by catastrophic events such as natural disasters or conflicts. The primary objective of implementing such a system is to ensure preparedness in the face of extreme situations. The RBI envisions the LPSS as…

New Delhi: India’s unicorn ecosystem, which is ranked as the third-largest globally, has been experiencing a significant drought in new additions for over eight months. This stagnation is reflected in the absence of any startup achieving the prestigious $1 billion valuation milestone. The decline in valuations of technology companies over the past year, amid the ongoing Covid era, has contributed to this slowdown. Presently, India boasts nearly 50 startups that are valued at $500 million or more, often referred to as “soonicorns” or soon-to-be-unicorns. However, it is unlikely that most of these startups will secure funding at the $1 billion…