Starbucks Appoints Brian Niccol as New CEO amid Investor pressure
Surprising turn of events: Starbucks has appointed Brian Niccol, Chipotle’s CEO right now, as its new chairman and CEO. For Starbucks, who is juggling activist investors and a need to get back on track, this significant change in the management team comes at a difficult period. Niccol is a fantastic leader at Chipotle, hence he…
Srikanth Bolla : A Visionary Leader Defying All Odds
Born on July 7, 1991, in Seetharamapuram, Andhra Pradesh, Srikanth Bolla struggled right from the start. Overcoming Adversity Born from uneducated parents with visual handicaps and from a family dependent on farming, his early life was challenging. Given few resources, no electricity, and education as a luxury, Srikanth’s career is proof of resiliency and drive….
Lenskart : Revolutionizing Eyewear with Vision and Passion
Lenskart has really changed the eyewear industry in India. It has brought new ideas and better ways of doing things to a field that wasn’t organised before. Changing the eyewear business Lenskart was started in 2010 by Peyush Bansal, Amit Chaudhary, and Sumeet Kapahi. It started out as an online store for contact lenses. It…
Indexation Benefit Rollback: How the Government’s Decision Impacts You
The indexation bonus for homes bought before July 23, 2024 will be given again by the Indian government. This is a big policy change. The benefit of indexation can be taken back. A lot of people didn’t like how the Budget planned to get rid of long-term capital gains (LTCG) indexation benefits. This move comes…
Fish Farming Success: Subuhi Naaz’s Inspiring Journey
Subuhi Naaz sold ready-made clothes in Varanasi after she lost her husband when she was only 27 years old. From selling clothes to fish farming By opening a small clothing shop in 1998, she was able to give her son a decent life and an education. However, her situation improved when her son Abdul Rehman…
On August 1, 2024, the Indian stock market had a day of mixed results.
On August 1, 2024, the Indian stock market had a day of mixed results. It hit a high of 25,078.3 and a low of 24,956.4 before ending the day at 24,951.15, up by 0.24%. A Look at the MarketOn the other hand, the Sensex moved between 82,129.49 and 81,700.21. It ended the day 0.15% higher,…
Ola Electric’s IPO to Boost India’s EV Market
Backed by SoftBank, Ola Electric, the biggest e-scooter player from India, is all prepared to come up with its much-hyped initial public offering this week. This would represent the first-ever IPO of its category by an Indian electric vehicle maker, valued at an estimated $740 million. Interest is likely to be very high from marquee…
Sensex zooms 1,293 points; Nifty at fresh record high after five days of losses By Nitin Kumar
The domestic stock market scripted a strong recovery on Friday—the fifth consecutive day of fall—which has been one of the most rare instances. A spectacular performance of blue-chip stocks and strategic value buying lifted the Nifty with nearly 2% gain to a fresh record, while the Sensex surged 1,293 points. Markets SummaryThe 30-share BSE Sensex…
Nifty Dips Below 24,300; Sensex Falls 490 Points
The Indian stock market opened on Thursday, July 25, 2024, with notable declines in the Sensex and Nifty indices. The underperformance of the financial and metals sectors was a significant factor in the downward trend, greatly influencing overall market sentiment. Morning Market Performance The BSE Sensex dropped by 490 points, trading at 79,688.07, while the…
Union Budget 2024: Paving the Way for Enhanced Data Protection and Regional Growth
The Union Budget 2024, unveiled by Finance Minister Nirmala Sitharaman, is a testament to the government’s commitment to bolstering technological advancements, ensuring data protection, and driving regional development across India. This comprehensive budget includes significant allocations aimed at cybersecurity, the establishment of the Data Protection Board (DPB), and substantial development projects in Bihar and Andhra…