India - The Purbottar

07 Oct

Air India plane first look unveiled after rebranding

Priyanka Bhowmick0 CommentsBusiness, IndiaBusiness, INDIA

Tata Group-owned Air India shared the first look of its new A350 planes wearing a paintjob to match its new livery. The airline rebranded itself earlier this year with a new red-aubergine-gold look and a new logo 'The Vista'. The latest A350 images were clicked at a workshop in Toulouse, France, with newly painted planes arriving in India this winter, the airline said. "Here's the first look of the majestic A350 in our new livery at the paint shop in Toulouse. Our A350s start coming home this winter… @Airbus" Air India said in a post on X, formerly known as…

06 Oct

Employee laid off by Meta gets a job offer from Google

Priyanka Bhowmick0 CommentsBusiness, IndiaBusiness, INDIA

After experiencing layoffs from Meta in April, just shy of her third job anniversary, Hou Zhuoni Hermione achieved her long-held ambition by receiving a job offer from her dream company, Google, five months later. Hermione, who worked as a project sourcing manager at Meta in Singapore, expressed her gratitude for being employed by Meta during the pandemic and being treated well by the company. However, her real dream was to work at Google rather than Meta. "Some of you may have heard me joke about Google being my dream company because the commute would be less than a 15-minute walk.…

05 Oct

Apple CEO Tim Cook’s makes $41M stock cash-out

Priyanka Bhowmick0 CommentsBusiness, IndiaBusiness, INDIA

Apple ( AAPL. O) CHIEF Executive Officer Tim Cook sold his largest stake in two years, after a $41.5 million tax, showing a U.S. securities filing. Cook sold 511,000 shares, worth $87.8 million before accounting for taxes, according to a filing dated Tuesday. He made $355 million from a stock sale in August 2021.The Apple chief owns about 3.3 million shares, worth about $565 million, after the sale, the filing shows. The company's shares fell 13% from their record high of $198.23 in July as investors worried about a slower-than-expected recovery over smartphone demand. Apple launched its new iPhone 15…

05 Oct

Torrent files urgent plea in SC against Hinduja plan

Priyanka Bhowmick0 CommentsBusiness, IndiaBusiness, INDIA

Torrent Investments Pvt. Ltd filed an urgent letter in the Supreme Court challenging the March 2 order of the National Company Law Appellate Tribunal, which allowed Reliance Capital's creditors to initiate a second auction as part of the corporate insolvency resolution process. In its three-page letter, Torrent said it sought the apex court's intervention for an urgent hearing and final disposal of its pending appeal, challenging the second round of auctions for debt-laden RCap's assets. In the second auction in April, Hinduja Group's IndusInd International Holding Ltd was the sole bidder. "Any further progress pursuant to the conduct of the…

04 Oct

Meta to charge $14 per month from mobile users in EU

Priyanka Bhowmick0 CommentsBusiness, IndiaBusiness, INDIA

Mark Zuckerberg-owned Meta may soon charge users in the European Union (EU) a $14 monthly subscription fee to use Instagram on their phones, unless they allow the social media platform to use their personal data for targeted advertising, The Wall Street Journal (WSJ) reported on Tuesday. Meta will charge users $17 for desktop versions of Facebook and Instagram from next week, the report added. The social media company was fined 390 million euros by Ireland's data privacy commissioner earlier this year and told it could not use the so-called "contractual" legal basis to send ads to users based on their…

04 Oct

Amitabh Bachchan ad lands Flipkart in big trouble with mobile phone retailers

Priyanka Bhowmick0 CommentsBusiness, IndiaBusiness, INDIA

Traders' body CAIT has filed a complaint with the consumer affairs ministry against a Flipkart ad featuring Bollywood star Amitabh Bachchan in the upcoming Big Billion Days sale, calling the ad "misleading". The traders' body, in a strongly-worded letter, said Bachchan's ad "impacts livelihoods" and "hurts local businesses" and will approach the Information and Broadcasting Ministry if the ad is not withdrawn. CAIT demanded that Flipkart be penalized under the relevant provisions of the Consumer Protection Act for "false or misleading advertisement" and Amitabh Bachchan be fined ₹ 10 lakh. An email sent to Flipkart did not elicit any response.…

03 Oct

Massive tremors hit Delhi-NCR after 6.2 magnitude earthquake in Nepal

Business Correspondent0 CommentsIndia

Massive tremors of earthquake were felt in Delhi-NCR and other region of North India on Tuesday(October 3) and the origin point of the earthquake was in the neighbouring country Nepal, according to the National Centre for Seismology. The massive tremors were felt in Delhi and other parts of the national capital region. Delhi-NCR residents felt strong tremors after the second earthquake and evacuated offices and buildings. "We hope you all are safe. Please come out of your buildings to a safe spot, but do not panic. DO NOT USE ELEVATORS! For any emergency help, dial 112," Delhi Police said in…

03 Oct

HP to make Google Chromebook in India

Priyanka Bhowmick0 CommentsBusiness, IndiaBusiness

Google has started manufacturing Chromebooks in India in partnership with HP, the PC maker said on Monday. The Chromebook devices are being manufactured at the Flex facility near Chennai, where HP has been manufacturing a range of laptops and desktops since August 2020. "We are partnering with HP to manufacture Chromebooks in India - these are the first Chromebooks made in India and will make it easier for Indian students to access affordable and secure computing," Google CEO Sundar Pichai informed on X. An HP spokesperson confirmed that production of the Chromebook has begun in India. The new Chromebooks are…

03 Oct

WhatsApp bans over 74 lakh Indian accounts in August

Priyanka Bhowmick0 CommentsIndiaBusiness, INDIA

Meta-owned popular instant messaging app WhatsApp has taken action against over 7.4 million 'bad' accounts in India to comply with the new IT norms of 2021. According to the report, the messaging platform banned at least 7,420,748 accounts in the country between August 1-31. About 3,506,905 of these accounts were actively banned prior to any reports from users. The Meta-owned app, in its monthly compliance report, received a record 14,767 complaint reports in August in India, and a record 71 "actions taken". "Account Actioned" refers to reports where WhatsApp has taken remedial action based on the report and taking action…

02 Oct

Bengaluru Man receives Rs 1 Lakh compensation for his damaged iPhone 13

Priyanka Bhowmick0 CommentsBusiness, IndiaBusiness, INDIA

A complaint of unfair trade practices was filed with the Bengaluru Urban District Consumer Disputes Redressal Commission at Shantinagar.The Bengaluru city consumer court has ordered Apple India and its authorized service center located in Indiranagar to pay Rs 1 lakh as compensation to their customers after suing them, The Times of India reported. The compensation includes the price he paid for the purchase of the iPhone and the distress caused to him by Apple India. In October 2021, Awez Khan bought the iPhone 13 which came with a one-year warranty. The phone's battery and speaker of the brand-new phone stopped…