TruAlt Bioenergy gains approval as an oil marketing company. The company plans to launch 100 retail outlets. These outlets will be located in north Karnataka and south Maharashtra. Vijay Nirani shares the company's plan to offer petrol, diesel, E93, bio-CNG, EV charging, and battery swapping. The company sees opportunities in India's ethanol-blended petrol program.
Ahead of its $13-billion global merger with Omnicom Group, Interpublic Group (IPG) has initiated workforce restructuring in India, impacting corporate functions like finance and HR. While aiming to protect creative teams, consolidation may lead to role redundancies and potential brand divestitures due to client conflicts. IPG Mediabrands India, however, is not currently downsizing.
Tourism in Jammu and Kashmir faces a standstill after the Pahalgam attack. Airlines and hotels request government support to recover. They propose fee waivers and financial relief. Occupancy rates have plummeted, and discounts are offered. Airlines reduced flights to Srinagar. The industry seeks interest waivers on loans and electricity bill relief. The aim is to revive the struggling tourism sector.
The Centre is likely to increase surveillance on rapid delivery services. This action follows rising concerns about hygiene at dark stores. Food and health watchdogs have flagged these issues. The Food Safety and Standards Authority of India will lead the campaign. They plan unscheduled checks at dark stores and storage facilities.
India's booming quick-commerce is driving unprecedented demand for small, hyperlocal warehouses, converting underutilized urban spaces into micro-fulfillment hubs. This surge is transforming urban logistics, impacting rental dynamics, and expanding into Tier-2 cities. Companies are prioritizing speed and location, leading to innovative real estate repurposing and significant growth in the sector.
YouTube is intensifying its fight against ad blockers. The company recently closed a loophole affecting Firefox users. Warnings are appearing for those using ad blockers, violating YouTube's terms. Users now face a choice, disable the ad blocker or subscribe to YouTube Premium. YouTube is slowly rolling out the update. This action follows previous attempts to block ad blockers.
Tata Motors plans to invest ₹33,000-35,000 crore in its passenger vehicle business, including EVs, over the next five years, aiming to launch 30 models by the decade's end. The company targets a 16% PV market share by FY27, increasing to 18-20% by FY30, with EVs comprising a significant portion of sales.
A clash between Elon Musk and Donald Trump severely impacted Tesla's stock. This situation presents a significant opportunity for India. India's EV sector is booming with domestic companies leading the charge. Government initiatives are further boosting the industry. Global investors are increasingly drawn to India's stable policies. India is also focusing on critical minerals and semiconductor manufacturing.
Netflix, Spotify, Apple, and Amazon are challenging Canada's Online Streaming Act in court. These companies dispute the CRTC's authority to regulate streaming services. They argue the mandated contributions to Canadian content are unfair. Broadcasters say online platforms should also fund local content. The court's decision will impact digital regulation and funding for Canadian news.
Quick commerce promises fast deliveries. However, this speed comes at a cost. FMCG companies are concerned about quality issues. Dark stores often lack proper storage. This leads to compromised freshness and safety hazards. Customer complaints are increasing due to damaged goods. The Food and Drug Administration and Food Safety and Standards Authority of India are conducting inspections.
Sales of 150-200 cc motorcycles in India witnessed a decline. The drop mirrors a slowdown in urban consumption. Several factors contributed to this downturn. These include inflationary pressures and lack of new models. Bajaj Auto, TVS, and Yamaha India anticipate a recovery. They expect improved macroeconomic conditions and new launches to boost sales.
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