Six executives, including the marketing head, of India’s cosmetics-to-fashion retailer Nykaa have resigned since April, the company said on Wednesday, key departures that come as competition intensifies in the fast-growing sector. The exits include that of Chief Marketing Officer Shalini Raghavan, with Nykaa’s founder and CEO Falguni Nayar stepping up…
JioBook (2023) was launched in India on Monday, July 31 as the second laptop model from Jio. The new laptop features a plastic body and it is powered by an octa-core Mediatek MT 8788 processor. The JioBook 4G comes in a JioBlue shade and an embedded Jio SIM card. The…
Indian online delivery platform Dunzo has secured funding of $75 million (roughly Rs. 614 crores) through convertible notes and is laying off about 30 percent of its staff as it plans a revamp of its business model, the Economic Times reported on Thursday. The layoffs, which will affect over 300 workers,…
Jio has updated its annual prepaid recharge plan with access to unlimited 5G data. The telecom company’s prepaid plan priced at Rs. 2,999 will offer users access to high-speed 5G data for 365 days. According to information available on the telecom operator’s website, the annual prepaid plan will provide users…
Reliance Jio Infocomm on Tuesday reiterated that it will cover high-speed 5G telecom services across India by the end of 2023. “We are on the path to achieving the declared goal to increase the Jio 5G footprint month after month to other cities, towns, and talukas of various States and…
Mahindra on Wednesday said it has tied up with three electric vehicle infrastructure partners — Jio-bp, Statiq, and Charge+Zone — to offer charging solutions for its upcoming range of passenger electric vehicles. With these partnerships, Mahindra EV users will get seamless access to a robust fast charging infrastructure and e-mobility…
Billionaire Mukesh Ambani’s Reliance Industries Limited on Friday said it will demerge its financial services arm and list it on the stock exchanges. In a statement, the firm said Reliance shareholders will be issued one equity share of Jio Financial Services Limited (JFSL) for every share they hold in the…
For years they tiptoed around each other but now the groups led by billionaires Mukesh Ambani and Gautam Adani will for the first time be in direct competition when they later this month participate in the auction of airwaves capable of providing fifth generation or 5G telecom services. But the…
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