Myntra Launches 30-Minute Fashion Delivery in Bengaluru, Expanding Soon

Myntra is rolling out its 30-minute fashion delivery service, M-Now, in Bengaluru and plans to expand to Delhi, Mumbai, and Pune. This quick delivery trend is growing as shoppers want faster online shopping, especially for fashion. Myntra will increase its range from 10,000 to 100,000 styles, including brands like Vero Moda and Tommy Hilfiger. While some analysts doubt if fast fashion delivery will work, Myntra sees it as a long-term investment.

By Avi G

India Cracks Down on Ghost Firms: 2.33 Lakh Shell Companies Removed in 5 Years

The Ministry of Corporate Affairs (MCA) has removed 2.33 lakh inactive and non-compliant companies in the past five years as part of a major clean-up. The government is targeting shell companies, which are often involved in illegal activities like tax evasion and money laundering. States like Maharashtra and Delhi have been the biggest contributors to this issue, with major action taking place in 2022-23. This effort aims to improve corporate governance and reduce widespread non-compliance.

By Vishal Kumar

New Generation Honda Amaze Launched in India at Rs. 7.99 Lakh – A Stylish Upgrade

Honda has launched the new third-generation Amaze in India, starting at Rs. 7.99 lakh. The updated model brings a fresh look, improved interior, and new tech features, while keeping the same 1.2L petrol engine. Key updates include a bigger touchscreen, wireless Apple CarPlay, ADAS, and a revamped design. The car is available in six variants, with deliveries starting next month.

By Vishal Kumar

EPAM Expands Workforce in India, Plans to Hire 400 More by Q1 2025

EPAM, a digital transformation company based in the US, has opened its third office in Pune, India, marking another step in expanding its operations in the country. This new office follows the company's earlier expansions in Bengaluru and Chennai. EPAM's workforce in India has grown to nearly 9,600 employees. The Pune office will focus on offshore development centers, serving clients in industries such as banking and financial services. EPAM expects to continue growing in India and aims to have 10,000 employees by Q1 2025.

By Avi G

Airlines Face 30% Surge in Spare Part Costs Amid Ongoing Supply Chain Chaos

Airlines are facing higher costs and delays due to ongoing supply chain issues, which are impacting their ability to meet sustainability goals and provide smooth service. Although passenger traffic has bounced back, shortages in spare parts and longer maintenance times are forcing airlines to keep older planes longer and reduce some services. These challenges are pushing up costs and leading to market share losses, with more delays expected for at least two more years.

By Avi G

ED Nabs 2 CAs and Crypto Trader in ₹640 Crore Money Laundering Case

Two chartered accountants (CAs) and a cryptocurrency trader were arrested in a ₹640 crore cyber fraud case. The Enforcement Directorate (ED) carried out searches at several locations, recovering ₹47 lakh in cash, important documents, and crypto assets. The fraud involved betting, gambling, part-time jobs, and phishing scams, with the money being transferred through over 5,000 Indian bank accounts to a payment platform based in the UAE.

By Vishal Kumar

FSSAI Issues New Guidelines for E-commerce Food Sellers: Ensuring Safety and Authenticity

The FSSAI has told e-commerce platforms to make sure the food products they sell match the claims on their labels and follow safety and quality rules. The guidelines focus on training staff on food safety and delivery, following labelling laws, and being clear about FSSAI licenses and product shelf life. These steps are meant to build consumer trust and ensure the authenticity of food sold online.

By Vishal Kumar

Suzlon Wins 302.4 MW Wind Power Deal to Fuel Green Steel Production

Suzlon Energy Limited has secured a 302.4 MW wind power project with Jindal Renewables in Karnataka. This expands their partnership to a total of 702.4 MW. The project will supply energy for steel plants in Chhattisgarh and Odisha, supporting sustainability goals. Suzlon’s total order book now includes 56% from commercial and industrial customers. The project is aligned with India’s renewable energy targets for 2030.

By Avi G

Dead Foetus Mistakenly Sent to Lucknow Airport, Sparks Panic

A seven-month-old dead foetus was mistakenly sent to Lucknow airport instead of being transported by road to Mumbai, causing confusion. News outlets initially reported it as an infant's body. Police later clarified that the foetus was part of an IVF case and was being sent for testing. The error was blamed on the courier company, and no criminal charges were filed.

By Avi G

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