Bournvita, Brands Lose ‘Health Drink’ Tag
In a recent move with implications for consumer trust, the Indian government directed e-commerce platforms to remove Bournvita and similar beverages from the “health drink” category. This decision stems from the ambiguity surrounding the term “health drink” within the country’s food regulations. The Food Safety and Standards Authority of India (FSSAI) doesn’t have a specific […]
HMPL Board Sanctions Rs 486 Crore Fundraise
Hazoor Multi Projects Ltd (HMPL), a prominent player in India’s infrastructure development arena, has sent ripples of excitement through the industry with a bold move – a Rs 486 crore fundraising plan. This strategic initiative, approved by the company’s board on April 13, 2024, underscores HMPL’s commitment to accelerating its growth trajectory in the dynamic […]
Air India, Vistara Divert Flights from Iran
Indian airlines are navigating a landscape of heightened geopolitical uncertainty. On April 13, 2024, major carriers Air India and Vistara announced that they would be rerouting some of their flights to avoid Iranian airspace. This decision comes on the heels of an advisory issued by the Indian Ministry of External Affairs urging citizens to avoid […]
Ashneer Grover’s Fintech Leap: ZeroPe Medical Loan App
Ashneer Grover’s latest venture, ZeroPe, is making waves in the fintech sector with its innovative approach to medical loans. The app, currently in its testing phase, has been developed by Third Unicorn, a company founded by Grover post his exit from BharatPe. ZeroPe is set to provide instant pre-approved medical loans of up to ₹5 […]
Adani Green: World’s Biggest Renewable Energy Park in Gujarat
Adani Green Energy Limited (AGEL), India’s renewable energy trailblazer, is rewriting the clean energy narrative with the construction of the world’s largest renewable energy park in Khavda, Kutch district of Gujarat. This colossal undertaking, spread across a staggering 538 square kilometers (roughly five times the size of Paris!), is envisioned as a clean energy powerhouse. […]
Neobank Revolut India: PPI License Approval by RBI
Global fintech giant Revolut has received a significant boost for its Indian ambitions. The Reserve Bank of India (RBI) has granted Revolut India in-principle approval to issue Prepaid Payment Instruments (PPI), including prepaid cards and wallets. This approval marks a crucial step for Revolut’s domestic foray, allowing it to offer a broader spectrum of financial […]
Navrattan Group to Launch Green Cement in India
India’s construction sector is experiencing a period of phenomenal growth, with a market size estimated at $776 billion in 2022. This progress needs to be balanced with environmental responsibility. Construction firm Navrattan Group is taking a pioneering step in this direction by announcing plans to introduce green cement, a sustainable alternative to traditional Portland cement. […]
Kia Sonet: ‘My Convenience Plus’ Package, ₹0/km Ownership!
Kia India is revamping the ownership experience for the popular Sonet SUV with the launch of its innovative My Convenience Plus Package. This program tackles a major pain point for car owners – unpredictable maintenance costs – by offering a bundled service that can significantly reduce ownership expenses. Kia claims the program can bring costs […]
Defence Ministry: HAL Gets Rs 65,000 cr Tender for 97 LCA
The Indian Air Force (IAF) is set to receive a significant shot in the arm with the Ministry of Defence (MoD) finalizing a record-breaking deal worth Rs 65,000 crore. This monumental contract awards Hindustan Aeronautics Limited (HAL) the responsibility of manufacturing and supplying 97 LCA Mark 1A fighter jets. The deal marks a watershed moment […]
Air India, Concentrix: 5 Contact Centres Partnership
In a significant boost to its customer service infrastructure, Air India, now part of the Tata Group, has unveiled five new contact centers across the globe. This expansion marks a major stride in the airline’s ongoing transformation journey, placing customer experience at the forefront. Strategic Network for Global Customers The new contact centers are meticulously […]