The Food Safety and Standards Authority of India (FSSAI) has issued a directive directing Food Business Operators (FBOs) to remove any claims of ‘100% fruit juice’ from labels and ads for reconstituted fruit juices. The regulatory agency detected misleading marketing tactics, prompting this measure. Immediate compliance is required. According to the FSSAI, some FBOs have…
Stock Market Today News | Sensex, Nifty Live Updates As the counting of votes for the 2024 Lok Sabha Elections progresses, the Indian stock markets have experienced significant volatility. On Tuesday, the benchmark indices S&P BSE Sensex and NSE Nifty50 opened in negative territory following a record-breaking session on Monday. The initial market optimism driven…
Blue Dart, a major logistics company, has announced the increase of its electric vehicle (EV) fleet to over 480 EVs, marking a significant step toward sustainability. This program is consistent with the company’s objective of reaching net-zero carbon emissions and demonstrates its attention to environmental conservation. commitment to sustainability This extension is intended to significantly…
In a recent ruling, the Karnataka High Court upheld the state government’s decision to cap the service charge levied by app-based auto rickshaws at 5%, bringing relief to commuters in Bengaluru. The dismissal of petitions filed by ride-hailing companies, including Uber, Ola, and Rapido, signifies a victory for the government’s efforts to regulate service charges…
Mumbai, India, Reliance Industries Limited (RIL), and Tata Group have won a coveted berth on TIME magazine’s 2024 list of the world’s 100 most influential companies, demonstrating their global impact and leadership. The Serum Institute of India has joined them on this renowned list, showing Indian firms’ robust position on the global scene. RIL: A…
OYO, the travel tech unicorn, revealed its first profitable financial year for 2023–24, with a net profit of approximately ₹100 crore. Founder and CEO Ritesh Agarwal announced the news on social media platform X (previously Twitter), expressing confidence in the company’s future growth possibilities in both domestic and foreign markets. “While a delighted customer or…
May 2024 — In an ongoing court battle, SpiceJet has rejected KAL Airways and Kalanithi Maran’s demand for Rs 1,323 crore in damages, saying the charges are “legally untenable.” This statement follows KAL Airways and Maran’s announcement on Monday that they want to seek damages and fight a recent Delhi High Court decision. The issue…
New Delhi, May 2024 As competition in the artificial intelligence (AI) field heats up, Google CEO Sundar Pichai has provided insights into the future implications of AI, including the exciting prospect of AI becoming sentient. In a recent interview with prominent tech YouTuber Hayls World, Pichai discussed Google’s approach and goal for AI, emphasizing improvements…
Mumbai, May 2024— FSN E-Commerce Ventures, also known as Nykaa, has announced the nomination of Santosh Desai as an independent director on its Board, beginning July 15, 2024. Desai’s term will last three years, subject to shareholder approval. Santosh Desai brings extensive expertise to Nykaa’s board, having previously served as CEO of Future Brands for…
Malé, May , 2024— The Maldives has announced plans to implement India’s RuPay payment system, a significant step toward improving economic cooperation and financial stability. While the precise start date is unknown, the project is expected to strengthen the Maldivian Rufiyaa and deepen commercial connections between the two adjacent countries. The announcement comes after ongoing…
