Business

Jio Bharat 4G phones launched in India at Rs 999

Jio Bharat 4G phones launched in India at Rs 999

Reliance Jio has launched its new Jio Bharat Phone, a smart feature phone designed to help India transition to a 4G-only future. The phone is priced at Rs 999 and comes with two new Jio Bharat plans, priced at Rs 123 and Rs 1234. Launched under the company's "2G Mukt Bharat" (2G-Mukt Bharat) vision, the Jio Bharat Phone is a basic-looking but smart feature phone that comes with all the essentials that will help users stay connected, especially in rural parts of India. It has a 1.77-inch display, a 0.3MP camera, a torch, an FM radio, a 3.5mm audio jack,…
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Fastrack announces Ranveer Singh as brand ambassador

Fastrack announces Ranveer Singh as brand ambassador

Ranveer Singh, the epitome of talent and brilliance in the Indian film industry, proudly announces his association with Fastrack Smart as the brand ambassador. Known for his daring fashion choices, electric energy, and magnetic charm, Ranveer Singh embodies everything that Fastrack Smart stands for. With his larger-than-life personality, he fearlessly pushes style boundaries and sets new fashion benchmarks with every look. Fastrack has collaborated with Smart to mark a significant milestone for the dynamic and versatile performing brand, leading it to become the largest fashion-tech brand in India. Expressing his enthusiasm about this new initiative, Superstar Ranveer Singh said, “Fastrack…
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Last date today to link PAN card-Aadhaar card, check step-by-step guide

Last date today to link PAN card-Aadhaar card, check step-by-step guide

The last date for linking PAN with Aadhaar is Friday, June 30, as per the latest notification from the Revenue Department of the Finance Ministry. To link the two cards, users will have to pay Rs 1,000. The central government had earlier set the deadline for linking PAN and Aadhaar as March 31, 2023 However, the date was later extended to June 30 After today, if someone fails to link their two cards within the deadline, their PAN will become inactive. It is mandatory for all taxpayers to link their PAN number with Aadhaar. Capital markets regulator Sebi has also…
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BigBasket B2C arm’s losses soar to Rs 1,535 Cr in FY23

BigBasket B2C arm’s losses soar to Rs 1,535 Cr in FY23

Online grocery delivery firm Innovative Retail Concepts, which operates as BigBasket, widened its loss to Rs 1,535 crore for 2022-23, according to details shared by Toffler.Toffler said BigBasket's losses increased by 89%, which means that the company posted a loss of around Rs 812 crore in 2021-22. The company's revenue rose 5% to Rs 7,462 crore. “The company reported a net loss of Rs 1,535 crore in the same fiscal. This is an increase of 89% over the last fiscal year. The total expenditure of the company during the financial year was reported as Rs 8,998 crore,” the report said.
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SS Rajamouli turns the brand ambassador for Oppo mobile brand

SS Rajamouli turns the brand ambassador for Oppo mobile brand

Renowned filmmaker SS Rajamouli, known for his sensational work in the film industry, has reportedly bagged the role of brand ambassador of a popular mobile brand. While awaiting official confirmation, a video of Rajamouli's featured ad has gone viral on social media, creating a buzz among fans. This is Rajamouli's first commercial appearance. In the video, he wears a cream-colored blazer paired with a round-neck tee and matching trousers, revealing a stylish and sophisticated look with his salt-and-pepper beard. The ad was shot in a foreign country, where a Bollywood director supervised the work. Sources indicate that the commercial has…
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Airtel Business CEO Ajaya Chitkara resigns

Airtel Business CEO Ajaya Chitkara resigns

Bharti Airtel, on Monday, announced changes in its leadership team in the Airtel business. Ajay Chitkara, CEO of Airtel Business, has decided to leave Airtel. He will work with the company till the third week of August 2023. In a regulatory filing, the company said, "As a result, Airtel Business will function as three business and channel segments – Global Business, Led by Vaani Venkatesh, Domestic Business, led by Ganesh Lakshminarayana and Nxtra Data Centre led by Ashish Aurora. " "Airtel Business is a gem in our overall portfolio and presents an exciting growth opportunity going forward. I look forward…
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Elon Musk will start training for Mark Zuckerberg cage fight

Elon Musk will start training for Mark Zuckerberg cage fight

Elon Musk said Saturday that he would start training for mixed martial arts cage fights if he provoked it with fellow billionaire media mogul Mark Zuckerberg. Twitter owner Musk tweeted Tuesday that he was in Las Vegas for a cage match with Facebook's original mater CEO Zuckerberg, who trains in jiu-jitsu. "I haven't started training yet. So if it happens, I will," Musk said in a Twitter chat with Ashley Vance, author of a book on Musk and the space race. The match "could actually happen," Musk said while attending a birthday party in Europe, adding that it could be…
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Grab cuts around 1,000 jobs

Grab cuts around 1,000 jobs

Singapore's ride-hailing company Grab is cutting about 1,000 jobs, or about 11 percent of its workforce. This is the biggest round of job layoffs by the Southeast Asian tech giant since the pandemic, when it laid off about 360 employees in 2020. Grab CEO Anthony Tan said the layoffs were not a "shortcut to profits" but part of a fundamental shift in the company's operating model and cost structure. He described the decision to lay off around 1,000 employees as a 'painful but necessary step'. In a letter to Grab staff, Tan wrote, “I want to be clear that we…
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Nutrabox signs Disha Patani as its brand ambassador

Nutrabox signs Disha Patani as its brand ambassador

Nutrabox has launched a new digital campaign featuring brand ambassador Disha Patani. According to the company, the TVC is based on the tagline #PehchaanKaamSeHotiHai. Talking about her association, Brand Ambassador Disha Patani said, “Working out every day and maintaining a fit lifestyle is my passion. Although our schedule keeps us busy and busy, a regular workout regime along with proper protein intake will help us achieve our goals." Through this partnership, the sports nutrition brand will join its flagship products, including Nutrabox 100% Whey Protein Powder, which includes 15 flavors, Ripped BCAA for hydration in six flavors, Nutrabox Ripped 100%…
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Nikola to lay off 270 employees

Nikola to lay off 270 employees

US-based electric truck maker Nikola has announced it will lay off 270 employees, or about 23 percent of its workforce, and limit its electric truck efforts in North America to conserve cash. According to the company, it will lay off 150 team members who were supporting the company's European programs, as well as 120 employees at the company's Phoenix and Coolidge, Arizona sites in the United States. After the cuts, there will be about 900 employees. The company said these reductions are expected to reduce employee-related cash costs by more than $50 million annually. "Our battery-electric truck is on the…
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