CHENNAI: It’s a tragic anti-climax for more than 600 students who got into medical colleges this year, as the National Medical Commission has invalidated their MBBS admission for violation of its guidelines. This, coupled with mismanagement of the counselling process in several states, will result in more than 2,000 MBBS seats across the country going…
In an email communication, online social shopping platform Poshmark informed customers that it will be closing its India business on October 26. The US-based e-commerce firm, which specialises in the sale of second-hand products, had launched its India operations in September 2021, as part of a wider international expansion into markets such as Australia. The…
India‘s Shoppers Stop on Wednesday posted a 83.2% fall in second quarter profit as the department store was hit by rising expenses and weaker demand, with customers delaying purchases of clothes and cosmetics due to a late festive season. The festive season in India – which started in September last year – brings in the…
Swedish fashion retailer Hennes & Mauritz (H&M) posted a 40% increase in sales in the year to March 2023, still managing to retain its position as India’s largest fast fashion brand by revenues on lower pricing. The sales expansion, however, was lower compared to 49% a year ago, indicating consumer shift to competition including Uniqlo…
NEW DELHI: Prime Minister Narendra Modi on Monday virtually interacted with CEO of Google and Alphabet Sundar Pichai.During the interaction, Prime Minister and Pichai discussed Google’s plan to participate in expanding the electronics manufacturing ecosystem in India. The Prime Minister appreciated Google’s partnership with HP to manufacture Chromebooks in India.Prime Minister acknowledged Google’s 100 languages…
MUMBAI: School students will soon have their own unique identification number, provided of course their parents give consent. As part of the National Education Policy (NEP) 2020, the Union ministry of education has planned to create ‘One Nation, One Student ID‘ called ‘Automated Permanent Academic Account Registry (APAAR) for every student from pre-primary to higher…
Representative image Moet Hennessy India, part of French luxury group LVMH, has extended its Chandon spirits label in India to the still wines segment, with the launch of Chandon Aurva, company executives said. Ipsita Das, managing director at Moet Hennessy India said: “Aurva is a significant step in the made-in-India direction. We are expanding our…
Representative image. Kolkata: Sales of solitaire diamonds of 1 carat and above have picked up in India‘s top cities after the pandemic, as weak demand in the western markets and a resultant drop in prices have made the precious stone more affordable for local buyers. Global diamond conglomerate De Beers as well as local chains…
Rising tension between Israel and Palestine is not likely to have any adverse impact on the gem and jewellery industry’s exports, GJEPC has said. India has witnessed substantial exports of gem and jewellery to Israel, amounting to USD 1,279.76 million in 2022-23, according to data by the Gem Jewellery Export Promotion Council (GJEPC). It is…
The downsizing of Canadian missions in India is not complete yet with both countries still discussing the modalities of the exercise and Ottawa apparently not keen on ensuring parity in diplomatic presence that New Delhi is seeking. The Indian government didn’t deny reports on Wednesday from Canada that some of its diplomats may have overstayed,…
