Yukta Raj – Page 10 – storyboard18

Swiggy launches new subsidiary in sports and recreational activities; name under process

In total, Swiggy’s delivery partners crisscrossed the nation with a collective travel distance of 1.96 billion kilometers in 2024—equivalent to over 533,000 trips between Kashmir and Kanyakumari.

The subsidiary will also pursue broadcasting and sponsorship rights and promote sports events through different business models.

Varun Alagh increases stake in Honasa Consumer to 31.93%; invests Rs 4.5 Crore

Varun Alagh, Co-Founder of Honasa Consumer Private Limited

Together, Varun and Ghazal Alagh now hold a combined 35% stake in Honasa Consumer

HCLTech expands telecom expertise with HPE Communications Technology Group acquisition

This follows the announcement the company made in May 2024.

The closure of this deal formally expands HCLTech’s long-standing partnership with HPE.

Govt to promote Ecotourism and Sustainable Tourism; sector to grow at 13.9% CAGR

This revamped scheme aims to create an integrated framework for the development of tourism destinations, in collaboration with States, Union Territories, and local governments, to foster sustainable and responsible tourism.

The Ministry has revamped the Swadesh Darshan Scheme with the launch of Swadesh Darshan 2.0.

FSSAI classifies packaged drinking water as ‘High-Risk’ category; imposes new inspection norms

FSSAI stated that in light of the removal of the BIS certification mandate for certain products, it has decided to treat packaged drinking water and mineral water under the "High Risk Food Categories."

Under the new guidelines, FSSAI emphasized that manufacturers or processors of food items that no longer need BIS certification must also undergo inspections before obtaining a license or registration.

Dentsu India elevates Imtiyaz Vilatra to Chief Executive Officer, Posterscope India

This move aims to establish Posterscope as a leader in both traditional and digital OOH.

Imtiyaz Vilatra will report to Anita Kotwani, CEO, Media – South Asia, dentsu.

Nissan CFO Stephen Ma to step down amidst restructuring efforts: Report

Nissan appointed Ma as CFO in 2019, replacing Hiroshi Karube.

Last month, Nissan Motor said it would cut 9,000 jobs and 20 percent of its global manufacturing capacity as it plans to reduce costs by $2.6 billion in the current fiscal year

Global smartphone shipments set to grow 6.2% in 2024, reveals IDC report

A major driver of the 6.2% global growth in 2024 is the 7.6% year-over-year expansion of the Android market, particularly in regions such as Asia Pacific (APeJC), Latin America, the Middle East, Africa, and China. This growth is primarily in low-end devices.

iOS is anticipated to see more modest growth of just 0.4% in 2024

TRAI extends deadline for commercial message traceability to December 10

The News Broadcasters and Digital Association (NBDA) warned that while GBBs have the potential to diversify broadcasting, allowing them to operate without a well-defined regulatory structure could undermine competitive fairness.

Starting December 11, 2024, any messages whose sender chain is undefined or does not match the pre-registered chain will be rejected.

From gadgets to skincare! India embraces Black Friday Sales as ecomm sees surge in sales

Reports indicate that Black Friday sales in India are expected to grow at a compound annual growth rate (CAGR) of 37.4 per cent by 2032.

One of the major shifts this year has been the increased participation of tier 2 and tier 3 cities in Black Friday sales.