NEW CUSTOMERS
DPIIT seeks Angel tax, inverted duty removal in Budget
The Department for Promotion of Industry and Internal Trade (DPIIT) has proposed eliminating the Angel Tax for startups ahead of Budget 2024, said Secretary Rajesh Kumar Singh. Introduced in 2012 under Section 56(2)(viib) as an anti-abuse measure to prevent tax evasion, the tax is levied above 30%. DPIIT asserts this removal could enhance capital formation in India.
Malabar Gold & Diamonds strengthens its presence in the UK
Malabar Gold & Diamonds has inaugurated its second UK store in Leicester on Belgrave Road's Golden Mile. The 2,000 sq. ft showroom features over 20,000 jewellery designs catering to various needs. Chairman M P Ahammed lauded customer trust during their UK expansion, with future stores planned for Southall, Wembley, Birmingham, and Manchester. Vice Chairman Abdul Salam K.P emphasized sustainability, using LBMA-certified bullion and conflict-free diamonds.
New credit card rules: HDFC Bank, Axis Bank, other banks customers cannot make credit card bill payments using PhonePe, Paytm
Credit card bill payment rules: As of July 1, customers with credit cards from major banks like HDFC Bank and Axis Bank will no longer be able to settle their credit card bills using third-party applications such as PhonePe, Amazon Pay, and Paytm.
YouTuber earns Rs 3 cr in 2 months running gold smuggling racket at Chennai airport, arrested
A Chennai airport souvenir shop was used by a gold smuggling syndicate to smuggle 267 kg of gold worth Rs 167 crore. A former YouTuber, and his team received gold from transit passengers, passed it to receivers, and earned a Rs 3 crore commission before being busted on June 29.
Skoda Auto CEO's strategy for Indian market: Humility, learning, customer focus and a new partner
Skoda Auto's CEO Klaus Zellmer highlights India's pivotal role in the company's global strategy, noting it as the most attractive and competitive auto market. With a robust development base in Pune, Skoda plans to leverage India's potential for expansion into ASEAN and the Middle East.
- Go To Page 1
FMCG is “passe”: Indian economy has a new definition of defensive stocks: 8 stocks from 2 sectors with upside scope of up to 37%
On the day of election results were announced and the whole stock market melted, stocks from one sector were able to gain, that was FMCG. Many theories were floated about why they are doing well. Right from them being defensive stocks to that focus would not shift from investment to consumption. But close to a month down the line, all those stocks are once again in the under performance mode. The fact is before deciding on whether the stocks are defensive or not, some questions need to be asked. A stock which was a defensive stock in 1994 when the Indian economy was just opening is still a defensive stock even in 2024 when we are a whole different economy with different needs and consumption patterns.
HubSpot investigating customer account hacks
HubSpot is actively investigating a cybersecurity incident targeting customers. Less than 50 accounts were compromised, and measures are in place to protect customer data. TechCrunch first reported the news. The company specializes in providing marketing software for small and medium-sized businesses, with a focus on customer relationship management.
Microsoft informs customers that Russian hackers spied on emails
Russian and Chinese hackers breached Microsoft's systems, stealing customer and government emails. The incidents led to increased scrutiny and a focus on enhancing security practices. Transparency and communication with customers were prioritized during the breach notifications, reflecting a commitment to addressing cybersecurity challenges effectively.
BlinkX opens India’s first Gen AI lab in the stock broking industry
BlinkX Gen AI Lab in Mumbai drives trading innovation with the Hyper Personalised Nudge Engine, enhancing customer experiences through real-time data on the mobile app for traders of all risk tolerances.
Customs authority slaps over Rs 14 crore demand and penalty on Escorts Kubota
The Commissioner of Customs (Adjudication), Delhi Zone has passed an order confirming the demand of Rs 4,42,10,867 along with applicable interest and has also imposed a penalty of Rs 9,87,10,867 on valuation issue on imported goods, Escorts Kubota said in a regulatory filing.
MapmyIndia founders set up new data analytics, consulting firm ClarityX
ClarityX has started operations in partnership with MapmyIndia. MapmyIndia cofounder and CMD Rakesh Verma said, "We are now setting up an AI-driven data analytics and consulting company ClarityX which is independent of MapmyIndia." He added the company is expects to clock revenue of Rs 50 crore in the first year of operation.
Customs department warns against new parcel fraud:'Drug was found in your parcel, will inform police'; how to save yourself from this fraud
New parcel scam: The Central Board of Indirect Taxes and Customs (CBIC) has stated that several people complained to them about a fake parcel scam being conducted in the name of customs. In this scam you get a call from a fake officer informing you that cocaine or other drugs have been found in a parcel with your name. Read to know more about this scam and how to stay safe.
Transform your CX with G7 CR's disruptive approach towards customer experience
G7 CR Technologies, a Noventiq company, revolutionizes unified customer experience in the tech industry, driving business transformation and enhancing customer satisfaction.
Citibank credit cards migration to Axis Bank to be completed on July 15; credit cards migrated, new benefits, 9 important FAQs
Citibank credit cards migration to Axis Bank: According to the Axis Bank website, here is a look at the Citibank credit cards that will be migrated, the new terms and conditions, fees and charges, rewards, and other important migration details.
Changing customer behaviour, focus on sustainability present new challenges and opportunities for the dairy industry
The future of the dairy industry is tied to how players adapt to changes and can innovate themselves.
Stop, thief! Retail giants are facing a new 'lifting' problem - not just from customers, but also staff & vendors
Indian retail faces increasing shrinkage issues due to thefts and errors, with Trent Ltd reporting a rise in shrinkage to 0.41% of sales in FY24. V-Mart Retail's shrinkage increased from 0.4% to 0.5% in the same period.
Apple WWDC 2024: From AI-based Siri upgrades to custom emoji options; what to expect from iOS 18 ?
At the Apple Worldwide Developers Conference (WWDC) 2024, AI is set to take center stage. Apple plans to integrate generative AI across its operating systems, enhancing features in iOS, macOS, and more. Siri will see significant updates, becoming more conversational and capable of controlling app functions. New AI-driven features, such as voice memo transcriptions, automated message replies, and advanced photo editing, will be introduced.
Ind vs Pak T20 World Cup 2024 pitch report, venue, squads, match timing & live telecast
Ind vs Pak Pitch Report: India is gearing up to take on Pakistan in an ICC T20 World Cup clash at the Nassau County International Cricket Stadium. Pakistan, having suffered an unexpected loss to the USA, is eager to rebound against India. With little time to adapt to the demanding conditions, Pakistan skipper Babar Azam and his squad confront a formidable challenge. A loss to India could potentially complicate their path to qualification in the tournament.
Meta's WhatsApp launches new AI tools for businesses
Meta launches first AI-driven ad targeting program on WhatsApp to boost revenue. CEO Mark Zuckerberg unveils tools for businesses at a Brazil conference, shifting WhatsApp's stance on targeted advertising and enhancing customer engagement.
Netflix rolls out new TV app, first major revamp in 10 years! Here's what OTT subscribers should know
Netflix has introduced new app for Television for its subscribers. This is reportedly the OTT streaming giant's biggest revamp in the decade.
Air India introduces new feature, passengers can now lock fares for two days with extra charges
Air India, now under the Tata Group's ownership, has unveiled a new offering called 'Fare Lock' to enhance passenger convenience and flexibility in travel planning. This feature allows customers to reserve a chosen fare for a period of 48 hours, enabling them to solidify their travel plans while retaining the selected fare. With a nominal fee, travelers can now secure their desired fare for two days, streamlining the booking process and providing peace of mind.
Planning to expand to markets such as Pune and Delhi: House of Biryan
With a goal of reaching 45 stores by December 2025, House of Biryan targets revenues exceeding Rs 100 crore and aims to serve over 4,00,000 new customers. CEO Mohammed Bhol emphasizes product freshness and customization as key differentiators in the crowded biryani market.
Pune Porsche crash: Your new bar buddy could be an undercover cop as police gets innovative to catch offenders
After the Pune car crash, senior police officers in Maharashtra's Nagpur conducted undercover operations to inspect pubs and bars for violations. The team included senior officers, including assistant commissioners of police (ACPs) and deputy commissioners of police.
Hero MotoCorp plans to expand electric model range to increase customer base
Hero MotoCorp expands its electric two-wheeler segment presence with new models and plans for significant growth. The company aims to enter European and UK markets, launch new scooters, and accelerate growth for FY25 and beyond.
Hit spy series 'Mr and Mrs Smith' renewed for Season 2 by Amazon Studios
Amazon Studios has ordered a second season of "Mr and Mrs Smith," a spy series based on the 2005 film. Season one stars Donald Glover and Maya Erskine will not return for season two. The show, praised for its modern take on espionage and relationships, is co-created by Glover and Francesca Sloane, with Sloane serving as showrunner.
PNB warns customers not to trust phone numbers, addresses found through these modes; puts limits on these transactions
PNB has noticed that some unscrupulous individuals have pretended to be Punjab National Bank officials on phone calls and SMS messages, using our name and brand while purporting to be promoting fake products in an attempt to deceive consumers.
Vehicle retail sales soar 27% in April; two-wheeler registrations jump 33%, cars up 16%
Vehicle registrations in the country – a proxy for retail sales – went up by a robust 27% year on year to 2.2 million units in April, led by two-wheelers on the back of stable fuel prices, positive outlook for the monsoons, Navratri demand, and the ongoing marriage season
Apple unveils new AI-focused chip in iPad Pro upgrade
Apple introduces M4 chip in iPad Pro for AI tasks, focusing on AI integration. New iPad Air models with M2 chip. Analysts highlight importance of neural engine in Apple's latest products.
Load More
