Author: HE Web Desk

New Delhi: The fact is that by January 2025 a vast majority of diamond-related companies in Surat remain closed. Previous years a large number of such units suspend their operations during Diwali but this time, around 20-25 percent of them have not started functioning again due to difficult business conditions. The diamond business has closely felt the fever since the world issues such as that of sanctions of diamond from Russia due to the invasion of Ukraine in the year 2022. Lalji Patel, the chairman of Dharmanandan Diamonds said some firms closed during the festival and had a long holiday,…

New Delhi: ParkMate, a leader in the smart parking industry, has successfully raised $ 1.2 million in a funding round led by Cactus Partners, an early growth-stage venture fund. Existing investors like Venture Catalysts and the Marwah Group Family Office were also part of the funding round. The fresh capital will be used to expand ParkMate’s operations, boost its business development team, and accelerate innovation in its cutting-edge parking solutions. Founded by Abhimanyu Singh and Dhananjaya Bharadwaj, ParkMate is at the forefront of transforming the parking experience with its state-of-the-art technology. The company’s flagship service. DaSH (Drop & Shop), offers…

New Delhi: Facebook’s parent company Meta is preparing to sack about 3,600 workers who it deems low performers in what will reduce its headcount by around 5%, Zuckerberg said in an internal memo, Meta had about 72,400 employees in September 2024. Another reason John has resorted to laying off employees is because enhancing performance is a key issue in the organisation. In explaining the companies goals, Zuckerberg said it wants to “set the bar higher” and improve the process of firing people who don’t perform well enough and aren’t good enough. Recruitment strategies are focusing on retaining of the best…

New Delhi: Truecaller, the leading global communications platform, today announced the appointment of Hemant Arora as Vice President of the global Ad Sales Business. With this strategic addition to its leadership team, Truecaller aims to further strengthen its position in the ads business and double down on its largest revenue stream, redefining its global ad sales strategy. With over 25 years of expertise in driving high-growth revenue strategies and managing global operations, Hemant has consistently delivered transformative results for top-tier media and technology companies such as TikTok, Times Network, Dainik Bhaskar Group, NDTV Media and Discovery Networks South Asia. In…

New Delhi: Vibha Kagzi, Founder and CEO of ReachIvy.com, a higher education and career advisory service has officially launched her latest book, Break the Career Code: Embrace the Future of Work. This book offers a compelling look into the future of careers and workplaces, addressing critical questions about the skills and strategies needed to thrive in an ever-changing professional landscape. Break the Career Code takes readers on an insightful journey, exploring how industries evolve and what individuals must do to remain relevant. The book includes contributions from over 100 global industry leaders across various fields, including visionaries like Dr. James…

New Delhi: CloudKeeper, a leading provider of comprehensive cloud optimization platforms and services is thrilled to announce its recognition as a Debutant ISV Partner as a part of the AWS Marketplace Private Pricing Offer (MPPO) Awards by AWS Startup Team, India. This award highlights CloudKeeper’s exceptional contribution to driving customer success and innovation within the AWS ecosystem. The AWS MPPO Award celebrates partners who have demonstrated outstanding performance in leveraging AWS Marketplace’s private pricing feature to deliver tailored cloud solutions. Deepak Mittal, CEO of CloudKeeper, shared his excitement about the recognition. “This award is a testament to our unwavering focus…

New Delhi: Samosa Singh, one of India’s leading quick-service restaurant (QSR) chains, ushered in the New Year with the opening of two new outlets at the Nexus Mall and in Ashoka One Mall in Hyderabad, and a new state-of-the-art manufacturing facility in Bengaluru. With these openings, the brand continues to delight customers with its signature crispy samosas and innovative offerings. Samosa Singh’s new manufacturing facility is set to revolutionize its operations, ensuring consistency, quality, and scalability as the brand gears up for further expansions. This milestone reflects the company’s unwavering commitment to customer satisfaction and product excellence. Commenting on the…

New Delhi: Steve Jobs handwritten letter about wanting to attend the Kumbh Mela in India is trending across all social media platforms. The letter which was written in late 1974, was recently auctioned for ₹4.32 crore (about $500,312), giving us a rare glimpse into the spiritual side of the Apple co-founder and his early fascination with Indian culture and his love for Spirituality. The letter, written to his boyhood friend named Tim Brown was written when Jobs was 18 years, a day before his birthday. In it, he revealed his desire to attend the Kumbh Mela in India starting in April…

New Delhi: Incorporated in 1995, Rikhav Securities Limited is a financial services company in India that offers brokerage, investing, and banking services. The company is registered with SEBI as a stockbroker and holds memberships with BSE Limited (BSE), the National Stock Exchange of India (NSE), and the Multi Commodity Exchange (MCX). Rikhav Securities Limited has announced its plan to go public with an Initial Public Offering (IPO) on 15th January, 2025 to 17th, January 2025, aiming to raise up to ₹88.82 Crores with shares to be listed on the BSE SME platform. The issue is up to 1,03, 28,000 equity…

Banglore: BINDZ, a new entrant disrupting  financial consulting and offshoring, is redefining the industry with its unique Build-Operate-Transfer (BOT) model, making significant strides in India’s growing Global Value Center (GVC) ecosystem. In just six months of operation, BINDZ has achieved remarkable growth, reaching a workforce of over 125 employees in India and receiving a commitment from its client CBIZ to double this figure year over year. This growth reflects BINDZ’s strong market position and the increasing demand for specialized financial services in India. “India’s talent, experience, and growing reputation as a hub for financial services make it an unbeatable choice…