Junglee Rummy’s Republic Day Series Elevates Thrill in World Rummy Tournament
Junglee Rummy, India’s Most Trusted Rummy Site®, is hosting the Republic Day Series, a grand finale qualifier for the World Rummy Tournament (WRT), with a whopping prize pool of ₹25 crore. The series, which started on 8th January and will end on 11th February 2024, is attracting rummy players from all over the country who […]
Massive Layoffs at Google: Assistant, Hardware, and Engineering Teams Bear the Brunt
Google confirms workforce reductions across various divisions Google, the tech giant under Alphabet Inc., is undergoing significant workforce reductions, targeting hundreds of employees in divisions related to its digital assistant, hardware, and engineering teams. This move is part of the company’s ongoing efforts to streamline operations and reduce costs amid a looming macroeconomic downturn and […]
Gautam Singhania, Raymond CMD, Shells Out Rs 328 Crore to Resolve Car Import Case
Background Gautam Singhania, the Chairman and Managing Director of Raymond Group, a leading textile and apparel company in India, has settled a case of alleged customs duty evasion filed by the Directorate of Revenue Intelligence (DRI) over the import of 142 cars by paying penalties amounting to Rs 328 crore. The case was initiated amid […]
Polycab Raided by I-T Department: Unaccounted Sales Worth Rs 1,000 Crore Unearthed
Background Polycab India Ltd, a prominent wires, cables and electrical items manufacturer, faced a massive raid by the income tax department on January 10, 2024. The raid covered 50 premises of the company in Mumbai, Pune, Aurangabad and Nashik in Maharashtra, Daman, Halol in Gujarat and Delhi . The raid was a follow-up of the […]
Political Polls and Their Impact on Rural Demand: A Perspective from FMCG Firms
India’s fast-moving consumer goods (FMCG) sector is facing a slowdown in rural demand, which accounts for about 60% of the industry’s revenues. The reasons for this include deficient rainfall, high inflation, and stiff competition from local players. However, some FMCG companies are hopeful that the upcoming general elections in 2024 will boost rural consumption, as […]
The Unexpected Pitfalls of Byju’s, the World’s Highest Valued EdTech App
Byju’s, the Indian edtech startup that became a global sensation, is now facing a series of challenges that threaten its survival. The company, which was once valued at $22 billion, has seen its valuation plummet to less than $3 billion, amid allegations of financial irregularities, misleading ads, aggressive sales tactics, poor quality content and employee […]
Stavian Group Paves the Way for Eco-Friendly Industrial Expansion at Vibrant Gujarat Global Summit 2024
A New Era of India-Vietnam Economic RelationsAt the Vibrant Gujarat Global Summit 2024, Stavian Group, a leading multinational industrial company from Vietnam, has positioned itself as a key player in fostering sustainable industrial growth. Over the past decade, Vietnam and India have seen flourishing trade and investment relations, with India becoming Vietnam’s seventh largest trading […]
Karnataka Bank’s Centenary Celebration: ‘Ram Ram’ to 915th Branch in Ayodhya
A Century of Banking ExcellenceKarnataka Bank, a name synonymous with trust and reliability in the Indian banking sector, is celebrating its centenary year. This significant milestone marks a century of unwavering dedication to customer service and innovation in the banking industry. The bank’s journey, which began a hundred years ago, has seen it grow into […]
Central Board of Indirect Taxes & Customs App Launch: A Step Towards Reducing Litigation Time
The Central Board of Indirect Taxes & Customs (CBIC) will roll out an app to alert officials about timely disposition of tax appeals by tracking all cases under the litigation process, officials said. What is the app? Named ‘Samay’, the app will capture all the pending orders across levels from adjudicating officer to the Customs, […]
Blueprint for a Developed India: Viksit Bharat’s Middleware-Centric Strategy
Economic and Social Transformation Viksit Bharat, India’s vision for 2047, aims to transform it into a developed nation, encompassing economic growth, social progress, environmental sustainability, and good governance. This initiative is bolstered by the government’s achievements in poverty alleviation, housing, healthcare, and digital connectivity, which have significantly contributed to both rural and urban development. NITI […]