Rising online customer acquisition costs are pushing India’s regional direct-to-consumer (D2C) food brands towards physical marketplaces, where consumers can taste premium products before buying. Andhra Pradesh’s Bon Fiction, Kerala’s Paul…
Category: Companies
Musk loses trillionaire status; Jensen Huang, Larry Ellison lose $15 bn amid IT stock sell-off | Who lost how much
Elon Musk on Thursday lost his trillionaire status for the second time in a month after a sharp fall in SpaceX and Tesla shares wiped $36.4 billion off his fortune…
Diageo India looks to Gen Z as it taps growing RTD market with Smirnoff ICE
India’s ready-to-drink (RTD) alcoholic beverage market is gaining momentum, with Diageo India launching Smirnoff ICE to tap changing drinking occasions and growing consumer interest in flavoured alcoholic beverages. The company…
Differences among daughter, son emerge in the TVS family
A 2020 settlement split the 115-year-old TVS industrial group among sons of founder T.V. Sundaram Iyengar. Personal differences over ownership within the family are now surfacing with his children Lakshmi…
TCS’ first reaction to US green card suspension: ‘We don’t expect an impact as…’
Tata Consultancy Services (TCS) has responded to the US government’s move to suspend it and other major IT firms from the employment-based green card programme, saying it does not expect…
OpenAI’s revenue run rate is $20 billion lower than reported: Why it matters for the Anthropic IPO race
OpenAI’s annualised revenue for September was almost $50 billion, about $20 billion below the nearly $70 billion figure reported by several media outlets late last month, the Financial Times reported…
Microsoft says ‘vast majority’ of US employees are Americans, defends H-1B hiring amid green card freeze
Microsoft on Thursday defended its hiring practices after the US government suspended the company from its employment-based green card programme, saying most of its American workforce is US citizens and…
United Airlines CEO Scott Kirby’s daily routine: 8.5 hours of sleep, 3 hours of reading and a 5-minute lunch
CEO has offered a glimpse into his daily routine, which includes 8.5 hours of sleep, early-morning workouts, around three hours of reading and a cap on meetings. Despite leading a…
Australias Maas enters trading halt after Nvidia-backed Firmus shelves $5 billion IPO plan
Oct 9 (Reuters) – Shares of Australia’s Maas Group entered a trading halt on Friday pending an announcement related to Nvidia-backed data centre operator Firmus, which has shelved its $5…
US tries to dig up Indians’ green card journey, but few are on that path
The US administration’s effort to block immigrant workers’ journey from H-1B visas to US permanent residency may leave Indian IT services companies unscathed, as traffic along this route had already…