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<?xml version="1.0" encoding="UTF-8"?><rss version="2.0" xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:wfw="http://wellformedweb.org/CommentAPI/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:atom="http://www.w3.org/2005/Atom" xmlns:sy="http://purl.org/rss/1.0/modules/syndication/" xmlns:slash="http://purl.org/rss/1.0/modules/slash/" > <channel> <title>Business Weekender</title> <atom:link href="https://businessweekender.com/feed/" rel="self" type="application/rss+xml" /> <link>https://businessweekender.com</link> <description></description> <lastBuildDate>Mon, 13 May 2024 13:55:43 +0000</lastBuildDate> <language>en-GB</language> <sy:updatePeriod> hourly </sy:updatePeriod> <sy:updateFrequency> 1 </sy:updateFrequency> <generator>https://wordpress.org/?v=6.5.3</generator> <image> <url>https://businessweekender.com/wp-content/uploads/2022/01/Business-Weekender-Favicon-5-150x150.png</url> <title>Business Weekender</title> <link>https://businessweekender.com</link> <width>32</width> <height>32</height></image> <item> <title>New lion in the insurance jungle: Yohan Poonawalla partners with Lion Insurance Brokers Pvt. Ltd. for industry innovation</title> <link>https://businessweekender.com/business/new-lion-in-the-insurance-jungle-yohan-poonawalla-partners-with-lion-insurance-brokers-pvt-ltd-for-industry-innovation/</link> <comments>https://businessweekender.com/business/new-lion-in-the-insurance-jungle-yohan-poonawalla-partners-with-lion-insurance-brokers-pvt-ltd-for-industry-innovation/#respond</comments> <dc:creator><![CDATA[Business Weekender]]></dc:creator> <pubDate>Mon, 13 May 2024 13:55:43 +0000</pubDate> <category><![CDATA[Business]]></category> <category><![CDATA[Kapil Mehra]]></category> <category><![CDATA[Lion Insurance Brokers Pvt Ltd]]></category> <category><![CDATA[Yohan Poonawalla]]></category> <guid isPermaLink="false">https://businessweekender.com/new-lion-in-the-insurance-jungle-yohan-poonawalla-partners-with-lion-insurance-brokers-pvt-ltd-for-industry-innovation</guid> <description><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="675" src="https://businessweekender.com/wp-content/uploads/2024/05/Dashing-billionaire-industrialist-Yohan-Poonawalla.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://businessweekender.com/wp-content/uploads/2024/05/Dashing-billionaire-industrialist-Yohan-Poonawalla.jpg 1200w, https://businessweekender.com/wp-content/uploads/2024/05/Dashing-billionaire-industrialist-Yohan-Poonawalla-300x169.jpg 300w, https://businessweekender.com/wp-content/uploads/2024/05/Dashing-billionaire-industrialist-Yohan-Poonawalla-1024x576.jpg 1024w, https://businessweekender.com/wp-content/uploads/2024/05/Dashing-billionaire-industrialist-Yohan-Poonawalla-768x432.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p>In a significant move poised to reshape India’s insurance sector, Lion Insurance Brokers Pvt. Ltd., a prominent name in insurance and strategic services, has announced a substantial investment from industrialist and investor Yohan Poonawalla. This strategic partnership underscores Lion Insurance Brokers’ commitment to transforming the country’s insurance arena while highlighting Yohan Poonawalla’s dedication to fostering […]</p><p>The post <a rel="nofollow" href="https://businessweekender.com/business/new-lion-in-the-insurance-jungle-yohan-poonawalla-partners-with-lion-insurance-brokers-pvt-ltd-for-industry-innovation/">New lion in the insurance jungle: Yohan Poonawalla partners with Lion Insurance Brokers Pvt. Ltd. for industry innovation</a> appeared first on <a rel="nofollow" href="https://businessweekender.com">Business Weekender</a>.</p>]]></description> <content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="675" src="https://businessweekender.com/wp-content/uploads/2024/05/Dashing-billionaire-industrialist-Yohan-Poonawalla.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://businessweekender.com/wp-content/uploads/2024/05/Dashing-billionaire-industrialist-Yohan-Poonawalla.jpg 1200w, https://businessweekender.com/wp-content/uploads/2024/05/Dashing-billionaire-industrialist-Yohan-Poonawalla-300x169.jpg 300w, https://businessweekender.com/wp-content/uploads/2024/05/Dashing-billionaire-industrialist-Yohan-Poonawalla-1024x576.jpg 1024w, https://businessweekender.com/wp-content/uploads/2024/05/Dashing-billionaire-industrialist-Yohan-Poonawalla-768x432.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p>In a significant move poised to reshape India’s insurance sector, Lion Insurance Brokers Pvt. Ltd., a prominent name in insurance and strategic services, has announced a substantial investment from industrialist and investor Yohan Poonawalla. This strategic partnership underscores Lion Insurance Brokers’ commitment to transforming the country’s insurance arena while highlighting Yohan Poonawalla’s dedication to fostering innovation and growth within the industry.</p><p>Renowned as the Managing Director of the prestigious Poonawalla Group, Yohan Poonawalla is celebrated for his insightful business strategies and visionary leadership. His decision to invest significantly in Lion Insurance Brokers Pvt. Ltd. demonstrates confidence in the company’s potential to drive change and deliver unparalleled value to customers. With a diverse investment portfolio spanning finance, horse breeding, engineering, real estate and pharmaceuticals, Poonawalla’s backing adds substantial momentum to Lion Insurance Brokers’ ambitious plans for expansion and innovation.</p><p>Drawing from over three decades of experience, Yohan Poonawalla’s leadership roles in Intervalve Poonawalla Ltd, El-O-Matic (India) Pvt Ltd and Poonawalla Financials Pvt Ltd showcase his expertise in steering businesses towards success. Beyond the boardroom, Poonawalla’s passion for automotive heritage, social responsibility and philanthropy exemplify his multifaceted approach to business and life.</p><p>Expressing enthusiasm for the investment, Yohan Poonawalla remarked, “I am delighted to invest in Lion Insurance Brokers Pvt. Ltd., a company poised to redefine the insurance sector in India. With its innovative approach, robust technology infrastructure, and customer-centric philosophy, Lion Insurance Brokers is well-positioned for accelerated growth. I look forward to collaborating with the talented team at Lion Insurance Brokers to drive innovation, expand market reach and deliver unparalleled value to customers.”</p><p>Under the leadership of its Founder-Director Kapil Mehra, Lion Insurance Brokers Pvt. Ltd. has emerged as a frontrunner in providing comprehensive insurance solutions tailored to diverse client needs.</p><figure id="attachment_910" aria-describedby="caption-attachment-910" style="width: 1200px" class="wp-caption aligncenter"><img decoding="async" class="wp-image-910 size-full" src="https://businessweekender.com/wp-content/uploads/2024/05/Business-visionary-Yohan-Poonawalla-invests-in-a-transformative-partnership.-He-is-seen-here-with-Kapil-Mehra-left-of-Lion-Insurance-Brokers-Pvt.-Ltd.jpg" alt="" width="1200" height="675" srcset="https://businessweekender.com/wp-content/uploads/2024/05/Business-visionary-Yohan-Poonawalla-invests-in-a-transformative-partnership.-He-is-seen-here-with-Kapil-Mehra-left-of-Lion-Insurance-Brokers-Pvt.-Ltd.jpg 1200w, https://businessweekender.com/wp-content/uploads/2024/05/Business-visionary-Yohan-Poonawalla-invests-in-a-transformative-partnership.-He-is-seen-here-with-Kapil-Mehra-left-of-Lion-Insurance-Brokers-Pvt.-Ltd-300x169.jpg 300w, https://businessweekender.com/wp-content/uploads/2024/05/Business-visionary-Yohan-Poonawalla-invests-in-a-transformative-partnership.-He-is-seen-here-with-Kapil-Mehra-left-of-Lion-Insurance-Brokers-Pvt.-Ltd-1024x576.jpg 1024w, https://businessweekender.com/wp-content/uploads/2024/05/Business-visionary-Yohan-Poonawalla-invests-in-a-transformative-partnership.-He-is-seen-here-with-Kapil-Mehra-left-of-Lion-Insurance-Brokers-Pvt.-Ltd-768x432.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /><figcaption id="caption-attachment-910" class="wp-caption-text">Business visionary Yohan Poonawalla invests in a transformative partnership. He is seen here with Kapil Mehra (left) of Lion Insurance Brokers Pvt. Ltd.</figcaption></figure><p>Kapil Mehra echoed Yohan Poonawalla’s sentiments, stating, “We are honoured to have Mr. Yohan Poonawalla’s support. His investment not only validates our vision but also propels us towards achieving our goals of innovation and excellence in the insurance sector. With his backing, we are poised to embark on an exciting journey of growth and expansion, delivering unparalleled value to our clients.”</p><p>Yohan Poonawalla’s investment marks a significant milestone for Lion Insurance Brokers Pvt. Ltd., symbolizing a shared commitment to driving innovation and excellence in the Indian insurance industry. Together, Yohan Poonawalla and Lion Insurance Brokers are poised to chart a new course for the future of insurance in India, fuelled by a shared passion for transformation and progress.</p><p>Yohan Poonawalla, Managing Director of the Poonawalla Group, one of India’s leading and most prestigious business houses, is a prominent figure in the country’s industrial sphere. With businesses spanning finance, horse breeding, engineering, real estate investments and a stake in pharma, Poonawalla is recognized as one of India’s most prominent industrialists and is on the verge of introducing massive international joint ventures in the country in the coming months.</p><p>His business endeavours have been honoured with esteemed accolades such as the Best Enterprise Award presented to Intervalve Poonawalla Ltd. by the European Business Assembly (EBA), a prestigious international commendation among many more such recognitions.</p><p>A visionary strategist and seasoned leader with over three decades of experience in business, he serves as Chairman of Intervalve Poonawalla Ltd, El-O-Matic (India) Pvt Ltd and Poonawalla Financials Pvt Ltd. Additionally, he is a prominent shareholder and holds directorship positions on the board of several companies, including Poonawalla Holdings, Poonawalla Stud Farms, Poonawalla Racing and Breeding, Poonawalla Finvest and Agro, Cyza Agro and Stud Farms, and Poonawalla Properties Pvt. Ltd. He is also a shareholder in the Serum Institute of India.</p><p>Yohan Poonawalla, renowned for his astute business acumen and visionary leadership, brings a much-needed financial boost to Lion Insurance Brokers. His investment not only signifies confidence in the company’s growth trajectory but also exemplifies belief in the immense potential of the Indian insurance industry.</p><p>His leadership has been globally acknowledged through awards like the Asia Person of the Year in the Global Leadership category, Business Leader of the Year award by Gravittus / Urja, Outstanding Achievement Award for International Development, Global Achievers Awards and Dr. APJ Abdul Kalam Excellence Award, awarded for outstanding Individual Achievement and Distinguished Services to the Nation.</p><p>The only Indian in the top 100 car collections of the world, Yohan Poonawalla is renowned for his passion for automotive heritage. Beyond his business pursuits, he is deeply committed to social responsibility and philanthropy. The Poonawalla Family has contributed towards various social causes, such as construction, widening and resurfacing of the road in Hadapsar, christened as the Soli Poonawalla Road, developing and maintaining the Gool Poonawalla Garden in Salisbury Park, donations to hospitals — especially donating towards a state-of-the-art building known as ‘Zavaray Poonawalla Cancer Building’ with ultra-modern facilities devoted to the treatment and care of cancer patients at the Ruby Hall Clinic, munificent donations to schools, such as Soli Poonawalla school, named in memory of his late grandfather.</p><p>The ‘Yohan Poonawalla Foundation’ has contributed towards the Shri Sant Gadge Maharaj Vidhyalaya for Education, sports ground development and maintenance and school bus facilities, construction, landscaping and beautification of South Main Road Garden, renovation, refurbishment and landscaping of the Turf Club House, Pune.</p><p>He has sponsored Team MMA India (Mixed Martial Arts, India) and also provided assistance to needy people by aiding and promoting family planning, especially among the lower strata of the society. He also extends humanitarian assistance to the beneficiaries of the Poona District Leprosy Committee by outsourcing the manufacture of some of Intervalve Poonawalla’s components.</p><p>The post <a rel="nofollow" href="https://businessweekender.com/business/new-lion-in-the-insurance-jungle-yohan-poonawalla-partners-with-lion-insurance-brokers-pvt-ltd-for-industry-innovation/">New lion in the insurance jungle: Yohan Poonawalla partners with Lion Insurance Brokers Pvt. Ltd. for industry innovation</a> appeared first on <a rel="nofollow" href="https://businessweekender.com">Business Weekender</a>.</p>]]></content:encoded> <wfw:commentRss>https://businessweekender.com/business/new-lion-in-the-insurance-jungle-yohan-poonawalla-partners-with-lion-insurance-brokers-pvt-ltd-for-industry-innovation/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item> <title>UK Safety Institute unveils AI-safety tool ‘Inspect’</title> <link>https://businessweekender.com/technology/uk-safety-institute-unveils-ai-safety-tool-inspect/</link> <comments>https://businessweekender.com/technology/uk-safety-institute-unveils-ai-safety-tool-inspect/#respond</comments> <dc:creator><![CDATA[News Features]]></dc:creator> <pubDate>Mon, 13 May 2024 02:17:08 +0000</pubDate> <category><![CDATA[Technology]]></category> <guid isPermaLink="false">https://businessweekender.com/uk-safety-institute-unveils-ai-safety-tool-inspect</guid> <description><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="675" src="https://businessweekender.com/wp-content/uploads/2024/05/UK-Safety-Institute-unveils-AI-safety-tool-Inspect.-Representational-image.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://businessweekender.com/wp-content/uploads/2024/05/UK-Safety-Institute-unveils-AI-safety-tool-Inspect.-Representational-image.jpg 1200w, https://businessweekender.com/wp-content/uploads/2024/05/UK-Safety-Institute-unveils-AI-safety-tool-Inspect.-Representational-image-300x169.jpg 300w, https://businessweekender.com/wp-content/uploads/2024/05/UK-Safety-Institute-unveils-AI-safety-tool-Inspect.-Representational-image-1024x576.jpg 1024w, https://businessweekender.com/wp-content/uploads/2024/05/UK-Safety-Institute-unveils-AI-safety-tool-Inspect.-Representational-image-768x432.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p>The UK Safety Institute has made a significant breakthrough in the field of artificial intelligence safety with the release of “Inspect,” a cutting-edge tool designed to ensure the safe development and deployment of AI systems. This innovative tool is poised to revolutionize industry standards by providing a comprehensive framework for identifying and mitigating potential risks […]</p><p>The post <a rel="nofollow" href="https://businessweekender.com/technology/uk-safety-institute-unveils-ai-safety-tool-inspect/">UK Safety Institute unveils AI-safety tool ‘Inspect’</a> appeared first on <a rel="nofollow" href="https://businessweekender.com">Business Weekender</a>.</p>]]></description> <content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="675" src="https://businessweekender.com/wp-content/uploads/2024/05/UK-Safety-Institute-unveils-AI-safety-tool-Inspect.-Representational-image.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://businessweekender.com/wp-content/uploads/2024/05/UK-Safety-Institute-unveils-AI-safety-tool-Inspect.-Representational-image.jpg 1200w, https://businessweekender.com/wp-content/uploads/2024/05/UK-Safety-Institute-unveils-AI-safety-tool-Inspect.-Representational-image-300x169.jpg 300w, https://businessweekender.com/wp-content/uploads/2024/05/UK-Safety-Institute-unveils-AI-safety-tool-Inspect.-Representational-image-1024x576.jpg 1024w, https://businessweekender.com/wp-content/uploads/2024/05/UK-Safety-Institute-unveils-AI-safety-tool-Inspect.-Representational-image-768x432.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p>The UK Safety Institute has made a significant breakthrough in the field of artificial intelligence safety with the release of “Inspect,” a cutting-edge tool designed to ensure the safe development and deployment of AI systems.</p><p>This innovative tool is poised to revolutionize industry standards by providing a comprehensive framework for identifying and mitigating potential risks associated with AI.</p><p>Inspect is the result of extensive research and collaboration between experts in AI, safety, and ethics. It offers a structured approach to AI safety, enabling developers to detect and address vulnerabilities early in the development process. This proactive approach is expected to significantly reduce the risk of AI-related accidents and incidents.</p><p>The UK Safety Institute’s release of Inspect is a timely response to growing concerns about the safety implications of AI. As AI becomes increasingly integrated into various aspects of life, the need for robust safety measures has become paramount.</p><p>Inspect is set to play a crucial role in shaping the future of AI safety, not only in the UK but also globally. Its impact is expected to be felt across industries, from healthcare and transportation to finance and education.</p><p>The post <a rel="nofollow" href="https://businessweekender.com/technology/uk-safety-institute-unveils-ai-safety-tool-inspect/">UK Safety Institute unveils AI-safety tool ‘Inspect’</a> appeared first on <a rel="nofollow" href="https://businessweekender.com">Business Weekender</a>.</p>]]></content:encoded> <wfw:commentRss>https://businessweekender.com/technology/uk-safety-institute-unveils-ai-safety-tool-inspect/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item> <title>Lenovo and Motorola banned in Germany, market access denied</title> <link>https://businessweekender.com/technology/lenovo-and-motorola-banned-in-germany-market-access-denied/</link> <comments>https://businessweekender.com/technology/lenovo-and-motorola-banned-in-germany-market-access-denied/#respond</comments> <dc:creator><![CDATA[News Features]]></dc:creator> <pubDate>Mon, 13 May 2024 02:11:33 +0000</pubDate> <category><![CDATA[Technology]]></category> <guid isPermaLink="false">https://businessweekender.com/lenovo-and-motorola-banned-in-germany-market-access-denied</guid> <description><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="675" src="https://businessweekender.com/wp-content/uploads/2024/05/Lenovo-and-Motorola-banned-in-Germany-market-access-denied.-Representational-image.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://businessweekender.com/wp-content/uploads/2024/05/Lenovo-and-Motorola-banned-in-Germany-market-access-denied.-Representational-image.jpg 1200w, https://businessweekender.com/wp-content/uploads/2024/05/Lenovo-and-Motorola-banned-in-Germany-market-access-denied.-Representational-image-300x169.jpg 300w, https://businessweekender.com/wp-content/uploads/2024/05/Lenovo-and-Motorola-banned-in-Germany-market-access-denied.-Representational-image-1024x576.jpg 1024w, https://businessweekender.com/wp-content/uploads/2024/05/Lenovo-and-Motorola-banned-in-Germany-market-access-denied.-Representational-image-768x432.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p>In a significant development, Lenovo and Motorola have been banned from selling their devices in the German market. This move comes as a major setback for the companies, which have been facing intense competition in the global tech industry. The ban is a result of a patent infringement lawsuit filed against Lenovo and Motorola. The […]</p><p>The post <a rel="nofollow" href="https://businessweekender.com/technology/lenovo-and-motorola-banned-in-germany-market-access-denied/">Lenovo and Motorola banned in Germany, market access denied</a> appeared first on <a rel="nofollow" href="https://businessweekender.com">Business Weekender</a>.</p>]]></description> <content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="675" src="https://businessweekender.com/wp-content/uploads/2024/05/Lenovo-and-Motorola-banned-in-Germany-market-access-denied.-Representational-image.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://businessweekender.com/wp-content/uploads/2024/05/Lenovo-and-Motorola-banned-in-Germany-market-access-denied.-Representational-image.jpg 1200w, https://businessweekender.com/wp-content/uploads/2024/05/Lenovo-and-Motorola-banned-in-Germany-market-access-denied.-Representational-image-300x169.jpg 300w, https://businessweekender.com/wp-content/uploads/2024/05/Lenovo-and-Motorola-banned-in-Germany-market-access-denied.-Representational-image-1024x576.jpg 1024w, https://businessweekender.com/wp-content/uploads/2024/05/Lenovo-and-Motorola-banned-in-Germany-market-access-denied.-Representational-image-768x432.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p>In a significant development, Lenovo and Motorola have been banned from selling their devices in the German market. This move comes as a major setback for the companies, which have been facing intense competition in the global tech industry.</p><p>The ban is a result of a patent infringement lawsuit filed against Lenovo and Motorola. The court has ruled in favor of the plaintiff, finding the companies guilty of violating intellectual property rights. As a consequence, they are no longer permitted to sell their devices, including smartphones and laptops, in Germany.</p><p>This decision is expected to have a substantial impact on the companies’ revenue, as Germany is a significant market for tech products. Lenovo and Motorola will need to re-evaluate their strategies and find ways to overcome this hurdle. The ban also raises concerns about the future of the companies’ operations in Europe, as other countries may follow Germany’s lead.</p><p>The tech industry is closely watching this development, as it may set a precedent for future patent infringement cases. Lenovo and Motorola are expected to appeal the decision, but for now, their devices will no longer be available in German stores.</p><p>The post <a rel="nofollow" href="https://businessweekender.com/technology/lenovo-and-motorola-banned-in-germany-market-access-denied/">Lenovo and Motorola banned in Germany, market access denied</a> appeared first on <a rel="nofollow" href="https://businessweekender.com">Business Weekender</a>.</p>]]></content:encoded> <wfw:commentRss>https://businessweekender.com/technology/lenovo-and-motorola-banned-in-germany-market-access-denied/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item> <title>WhatsApp threatens to leave India!</title> <link>https://businessweekender.com/technology/whatsapp-threatens-to-leave-india/</link> <comments>https://businessweekender.com/technology/whatsapp-threatens-to-leave-india/#respond</comments> <dc:creator><![CDATA[News Features]]></dc:creator> <pubDate>Fri, 26 Apr 2024 17:28:25 +0000</pubDate> <category><![CDATA[Technology]]></category> <guid isPermaLink="false">https://businessweekender.com/whatsapp-threatens-to-leave-india</guid> <description><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="675" src="https://businessweekender.com/wp-content/uploads/2024/04/WhatsApp-threatens-to-leave-India.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://businessweekender.com/wp-content/uploads/2024/04/WhatsApp-threatens-to-leave-India.jpg 1200w, https://businessweekender.com/wp-content/uploads/2024/04/WhatsApp-threatens-to-leave-India-300x169.jpg 300w, https://businessweekender.com/wp-content/uploads/2024/04/WhatsApp-threatens-to-leave-India-1024x576.jpg 1024w, https://businessweekender.com/wp-content/uploads/2024/04/WhatsApp-threatens-to-leave-India-768x432.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p>In a dramatic move, WhatsApp has threatened to withdraw its services from India if the government forces the messaging platform to break its end-to-end encryption. This ultimatum comes as WhatsApp and its parent company Meta (formerly Facebook) challenge a controversial provision in India’s 2021 IT rules. The crux of the issue lies in the Indian […]</p><p>The post <a rel="nofollow" href="https://businessweekender.com/technology/whatsapp-threatens-to-leave-india/">WhatsApp threatens to leave India!</a> appeared first on <a rel="nofollow" href="https://businessweekender.com">Business Weekender</a>.</p>]]></description> <content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="675" src="https://businessweekender.com/wp-content/uploads/2024/04/WhatsApp-threatens-to-leave-India.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://businessweekender.com/wp-content/uploads/2024/04/WhatsApp-threatens-to-leave-India.jpg 1200w, https://businessweekender.com/wp-content/uploads/2024/04/WhatsApp-threatens-to-leave-India-300x169.jpg 300w, https://businessweekender.com/wp-content/uploads/2024/04/WhatsApp-threatens-to-leave-India-1024x576.jpg 1024w, https://businessweekender.com/wp-content/uploads/2024/04/WhatsApp-threatens-to-leave-India-768x432.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p>In a dramatic move, WhatsApp has threatened to withdraw its services from India if the government forces the messaging platform to break its end-to-end encryption. This ultimatum comes as WhatsApp and its parent company Meta (formerly Facebook) challenge a controversial provision in India’s 2021 IT rules.</p><p>The crux of the issue lies in the Indian government’s demand that social media platforms identify the “first originator” of messages upon court order. WhatsApp argues that complying with this would undermine its core encryption technology and violate user privacy. “As a platform, we are saying, if we are told to break encryption, then WhatsApp goes,” stated Tejas Karia, the lawyer representing WhatsApp.</p><p>The Indian government, however, maintains that tracing message origins is crucial for combating misinformation and maintaining online safety, especially in the wake of the COVID-19 pandemic. Kirtiman Singh, representing the central government, argued that some mechanism for message traceability is necessary.</p><p>The Delhi High Court acknowledged the complexity of balancing privacy rights and the government’s concerns. The court observed that “privacy rights were not absolute” and “somewhere balance has to be done”. The case has been adjourned to August 2024 for further hearing.</p><p>This standoff highlights the broader global debate around encryption, privacy, and national security interests. In 2016, a similar dispute arose between Apple and the FBI over unlocking an iPhone used by a terrorist. The issue remains unresolved, with technology companies steadfastly defending encryption while law enforcement agencies argue for greater access to encrypted data.</p><p>As the world’s largest market for WhatsApp with over 900 million users, India’s decision in this case could have far-reaching implications for the future of digital privacy and the operations of global tech giants in the country. The outcome of this legal battle will undoubtedly shape the digital landscape in the world’s largest democracy.</p><h3><strong>What are India’s options if WhatsApp indeed leaves India</strong></h3><p>If WhatsApp were to exit India, the country would still have several other messaging service options available:</p><p><strong>Homegrown Indian messaging apps</strong>: India has a number of domestic messaging platforms that could potentially fill the void left by WhatsApp’s departure, such as Hike Messenger, JioChat, and Telegram. These apps may be able to attract WhatsApp’s massive user base in India.</p><p><strong>Other global messaging apps</strong>: Services like Signal, Telegram, and iMessage could see increased adoption in India if WhatsApp withdraws. These apps also offer end-to-end encryption, which may appeal to users concerned about privacy.</p><p><strong>SMS and traditional telecom services</strong>: In the absence of WhatsApp, users could revert to traditional SMS messaging and voice calls through their telecom providers. This would provide a basic messaging functionality, though without the advanced features of modern messaging apps.</p><p><strong>Social media platforms</strong>: Apps like Facebook Messenger, Instagram, and Twitter could potentially fill some of the messaging needs, though they may not offer the same level of privacy and encryption as dedicated messaging services.</p><p>Current circumstances do not indicate that India would be left without any viable messaging options if WhatsApp were to exit the market. However, the loss of the dominant player would likely disrupt communication patterns and force users to adapt to alternative platforms. The outcome could reshape India’s digital landscape and the competitive dynamics among messaging service providers.</p><p>The post <a rel="nofollow" href="https://businessweekender.com/technology/whatsapp-threatens-to-leave-india/">WhatsApp threatens to leave India!</a> appeared first on <a rel="nofollow" href="https://businessweekender.com">Business Weekender</a>.</p>]]></content:encoded> <wfw:commentRss>https://businessweekender.com/technology/whatsapp-threatens-to-leave-india/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item> <title>Is Tiger Shroff just another acrobat like Vidyut Jammwal?</title> <link>https://businessweekender.com/cinema/is-tiger-shroff-just-another-acrobat-like-vidyut-jammwal/</link> <comments>https://businessweekender.com/cinema/is-tiger-shroff-just-another-acrobat-like-vidyut-jammwal/#respond</comments> <dc:creator><![CDATA[Bollywood Features]]></dc:creator> <pubDate>Fri, 26 Apr 2024 13:32:14 +0000</pubDate> <category><![CDATA[Cinema]]></category> <guid isPermaLink="false">https://businessweekender.com/is-tiger-shroff-just-another-acrobat-like-vidyut-jammwal</guid> <description><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="675" src="https://businessweekender.com/wp-content/uploads/2024/04/Is-Tiger-Shroff-merely-another-acrobat-like-Vidyut-Jammwal.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://businessweekender.com/wp-content/uploads/2024/04/Is-Tiger-Shroff-merely-another-acrobat-like-Vidyut-Jammwal.jpg 1200w, https://businessweekender.com/wp-content/uploads/2024/04/Is-Tiger-Shroff-merely-another-acrobat-like-Vidyut-Jammwal-300x169.jpg 300w, https://businessweekender.com/wp-content/uploads/2024/04/Is-Tiger-Shroff-merely-another-acrobat-like-Vidyut-Jammwal-1024x576.jpg 1024w, https://businessweekender.com/wp-content/uploads/2024/04/Is-Tiger-Shroff-merely-another-acrobat-like-Vidyut-Jammwal-768x432.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p>In the field of Bollywood action, Tiger Shroff and Vidyut Jammwal have carved a niche for themselves with their remarkable acrobatic skills and impressive martial arts prowess. While both actors have garnered acclaim for their high-octane action sequences, the question arises: Is Tiger Shroff merely another acrobat like Vidyut Jammwal? After the recent disastrous box-office […]</p><p>The post <a rel="nofollow" href="https://businessweekender.com/cinema/is-tiger-shroff-just-another-acrobat-like-vidyut-jammwal/">Is Tiger Shroff just another acrobat like Vidyut Jammwal?</a> appeared first on <a rel="nofollow" href="https://businessweekender.com">Business Weekender</a>.</p>]]></description> <content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="675" src="https://businessweekender.com/wp-content/uploads/2024/04/Is-Tiger-Shroff-merely-another-acrobat-like-Vidyut-Jammwal.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://businessweekender.com/wp-content/uploads/2024/04/Is-Tiger-Shroff-merely-another-acrobat-like-Vidyut-Jammwal.jpg 1200w, https://businessweekender.com/wp-content/uploads/2024/04/Is-Tiger-Shroff-merely-another-acrobat-like-Vidyut-Jammwal-300x169.jpg 300w, https://businessweekender.com/wp-content/uploads/2024/04/Is-Tiger-Shroff-merely-another-acrobat-like-Vidyut-Jammwal-1024x576.jpg 1024w, https://businessweekender.com/wp-content/uploads/2024/04/Is-Tiger-Shroff-merely-another-acrobat-like-Vidyut-Jammwal-768x432.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p>In the field of Bollywood action, Tiger Shroff and Vidyut Jammwal have carved a niche for themselves with their remarkable acrobatic skills and impressive martial arts prowess. While both actors have garnered acclaim for their high-octane action sequences, the question arises: Is Tiger Shroff merely another acrobat like Vidyut Jammwal?</p><p>After the recent disastrous box-office performance of Bade Miyan Chote Miyan, people have begun asking questions about the viability of Bollywood actors like Tiger Shroff and if it is worth paying a substantial fee to our stars if they cannot bring in the numbers.</p><p>While Tiger Shroff’s background in gymnastics and martial arts has undoubtedly contributed to his success in action films like Baaghi and War, his performances often incorporate a unique blend of dance and acrobatics, adding a dynamic and visually appealing quality to his action sequences. This fusion sets him apart from his contemporaries, including Vidyut Jammwal, whose expertise lies in authentic martial arts techniques and realistic combat.</p><p>However, it is crucial to recognize that both actors have their strengths and have carved their own paths in the industry. While Vidyut Jammwal’s dedication to performing his stunts without the use of body doubles has earned him a reputation for executing intense action scenes with precision, Tiger Shroff’s ability to navigate between action and emotional roles should not be overlooked.</p><p>In an industry where image and branding hold immense power, intelligent branding can play a pivotal role in helping actors survive longer, attract better assignments, and earn more wealth. Unfortunately, many actors become so accustomed to living within the bubble of their established image and branding that they struggle to break free. This reluctance can limit their growth and opportunities, preventing them from showcasing their versatility to audiences and industry professionals alike.</p><p>As the conversation surrounding Tiger Shroff’s capabilities continues, we asked Bollywood PR guru Dale Bhagwagar if Tiger Shroff can ever break the brand and mold of being just an “acrobat”. In a candid statement, Bhagwagar asserts, “Tiger Shroff is an actor who possesses the ability to prove his prowess in emotional as well as other performance-oriented roles, given the right subjects and movies. Reducing him to an acrobat is an oversimplification of his talents.”</p><p>Bhagwagar’s statement highlights the importance of breaking free from the confines of typecasting and stereotypes, allowing actors to explore their full potential. He stresses that it is essential to approach the discourse with an open mind and a willingness to appreciate the nuances of an actor’s craft.</p><p>True! While acrobatic skills and martial arts prowess are undoubtedly impressive, true greatness lies in the ability to transcend boundaries and embrace diverse roles, challenging preconceived notions and captivating audiences with the depth of one’s artistry.</p><p>The post <a rel="nofollow" href="https://businessweekender.com/cinema/is-tiger-shroff-just-another-acrobat-like-vidyut-jammwal/">Is Tiger Shroff just another acrobat like Vidyut Jammwal?</a> appeared first on <a rel="nofollow" href="https://businessweekender.com">Business Weekender</a>.</p>]]></content:encoded> <wfw:commentRss>https://businessweekender.com/cinema/is-tiger-shroff-just-another-acrobat-like-vidyut-jammwal/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item> <title>Elon Musk trying to build pressure over Tesla’s India debut?</title> <link>https://businessweekender.com/business/elon-musk-trying-to-build-pressure-over-teslas-india-debut/</link> <comments>https://businessweekender.com/business/elon-musk-trying-to-build-pressure-over-teslas-india-debut/#respond</comments> <dc:creator><![CDATA[Business Weekender]]></dc:creator> <pubDate>Sat, 20 Apr 2024 10:11:24 +0000</pubDate> <category><![CDATA[Business]]></category> <guid isPermaLink="false">https://businessweekender.com/elon-musk-trying-to-build-pressure-over-teslas-india-debut</guid> <description><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="675" src="https://businessweekender.com/wp-content/uploads/2024/04/Elon-Musk-trying-to-build-pressure-over-Teslas-India-debut.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://businessweekender.com/wp-content/uploads/2024/04/Elon-Musk-trying-to-build-pressure-over-Teslas-India-debut.jpg 1200w, https://businessweekender.com/wp-content/uploads/2024/04/Elon-Musk-trying-to-build-pressure-over-Teslas-India-debut-300x169.jpg 300w, https://businessweekender.com/wp-content/uploads/2024/04/Elon-Musk-trying-to-build-pressure-over-Teslas-India-debut-1024x576.jpg 1024w, https://businessweekender.com/wp-content/uploads/2024/04/Elon-Musk-trying-to-build-pressure-over-Teslas-India-debut-768x432.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p>Elon Musk, the CEO of Tesla, has postponed his planned trip to India, which was scheduled for April 22, where he was to meet Prime Minister Narendra Modi and announce plans to enter the South Asian market. Musk was expected to announce an investment of $2 billion to $3 billion, mainly to build a factory […]</p><p>The post <a rel="nofollow" href="https://businessweekender.com/business/elon-musk-trying-to-build-pressure-over-teslas-india-debut/">Elon Musk trying to build pressure over Tesla’s India debut?</a> appeared first on <a rel="nofollow" href="https://businessweekender.com">Business Weekender</a>.</p>]]></description> <content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="675" src="https://businessweekender.com/wp-content/uploads/2024/04/Elon-Musk-trying-to-build-pressure-over-Teslas-India-debut.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://businessweekender.com/wp-content/uploads/2024/04/Elon-Musk-trying-to-build-pressure-over-Teslas-India-debut.jpg 1200w, https://businessweekender.com/wp-content/uploads/2024/04/Elon-Musk-trying-to-build-pressure-over-Teslas-India-debut-300x169.jpg 300w, https://businessweekender.com/wp-content/uploads/2024/04/Elon-Musk-trying-to-build-pressure-over-Teslas-India-debut-1024x576.jpg 1024w, https://businessweekender.com/wp-content/uploads/2024/04/Elon-Musk-trying-to-build-pressure-over-Teslas-India-debut-768x432.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p>Elon Musk, the CEO of Tesla, has postponed his planned trip to India, which was scheduled for April 22, where he was to meet Prime Minister Narendra Modi and announce plans to enter the South Asian market.</p><p>Musk was expected to announce an investment of $2 billion to $3 billion, mainly to build a factory in India. The CEO had expressed his excitement about the India visit on X, following Reuters’ April 10 report of his planned trip. However, Musk postponed the trip due to “very heavy Tesla obligations”.</p><p>The decision to postpone the trip came after Tesla grappled with investor concerns following months of declining share prices and the recent announcement of a 10% global workforce reduction.</p><p>India’s EV market has been witnessing a surge in demand due to price cuts from local manufacturers, making it an attractive market for Tesla’s entry.</p><p>However, Musk is expected to face intense scrutiny from analysts during Tesla’s upcoming quarterly results announcement on Tuesday, as they seek answers about falling sales, escalating competition from Chinese EV makers, and the uncertain future of key Tesla products.</p><p>Musk’s visit to India was scheduled for Sunday, just two days after the commencement of India’s national elections, during which Modi aims to showcase progress towards his goal of transforming India into a global manufacturing hub.</p><p>In New Delhi, he was anticipated to announce a potential investment of US$2 billion to US$3 billion, primarily for constructing a factory, after the Indian government announced a policy reducing high tariffs on imported cars for companies investing locally.</p><p>Despite the postponement, Musk expressed his intention to reschedule the visit for later this year. The CEO had tweeted on April 10 that he was looking forward to meeting PM Narendra Modi.</p><p>The post <a rel="nofollow" href="https://businessweekender.com/business/elon-musk-trying-to-build-pressure-over-teslas-india-debut/">Elon Musk trying to build pressure over Tesla’s India debut?</a> appeared first on <a rel="nofollow" href="https://businessweekender.com">Business Weekender</a>.</p>]]></content:encoded> <wfw:commentRss>https://businessweekender.com/business/elon-musk-trying-to-build-pressure-over-teslas-india-debut/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item> <title>Robust roadmap for Tesla’s entry into India</title> <link>https://businessweekender.com/business/robust-roadmap-for-teslas-entry-into-india/</link> <comments>https://businessweekender.com/business/robust-roadmap-for-teslas-entry-into-india/#respond</comments> <dc:creator><![CDATA[Business Weekender]]></dc:creator> <pubDate>Fri, 19 Apr 2024 23:00:40 +0000</pubDate> <category><![CDATA[Business]]></category> <guid isPermaLink="false">https://businessweekender.com/robust-roadmap-for-teslas-entry-into-india</guid> <description><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="675" src="https://businessweekender.com/wp-content/uploads/2024/04/Roadmap-being-prepared-for-Teslas-entry-into-India.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://businessweekender.com/wp-content/uploads/2024/04/Roadmap-being-prepared-for-Teslas-entry-into-India.jpg 1200w, https://businessweekender.com/wp-content/uploads/2024/04/Roadmap-being-prepared-for-Teslas-entry-into-India-300x169.jpg 300w, https://businessweekender.com/wp-content/uploads/2024/04/Roadmap-being-prepared-for-Teslas-entry-into-India-1024x576.jpg 1024w, https://businessweekender.com/wp-content/uploads/2024/04/Roadmap-being-prepared-for-Teslas-entry-into-India-768x432.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p>India is gearing up for the entry of Tesla, the electric vehicle (EV) giant, with a focus on creating a robust infrastructure for EV adoption. The Indian government is working on a comprehensive plan to facilitate the entry of Tesla, which includes developing a nationwide coordinated approach to Intelligent Mobility (IM) and its implementation. The […]</p><p>The post <a rel="nofollow" href="https://businessweekender.com/business/robust-roadmap-for-teslas-entry-into-india/">Robust roadmap for Tesla’s entry into India</a> appeared first on <a rel="nofollow" href="https://businessweekender.com">Business Weekender</a>.</p>]]></description> <content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="675" src="https://businessweekender.com/wp-content/uploads/2024/04/Roadmap-being-prepared-for-Teslas-entry-into-India.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://businessweekender.com/wp-content/uploads/2024/04/Roadmap-being-prepared-for-Teslas-entry-into-India.jpg 1200w, https://businessweekender.com/wp-content/uploads/2024/04/Roadmap-being-prepared-for-Teslas-entry-into-India-300x169.jpg 300w, https://businessweekender.com/wp-content/uploads/2024/04/Roadmap-being-prepared-for-Teslas-entry-into-India-1024x576.jpg 1024w, https://businessweekender.com/wp-content/uploads/2024/04/Roadmap-being-prepared-for-Teslas-entry-into-India-768x432.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p>India is gearing up for the entry of Tesla, the electric vehicle (EV) giant, with a focus on creating a robust infrastructure for EV adoption. The Indian government is working on a comprehensive plan to facilitate the entry of Tesla, which includes developing a nationwide coordinated approach to Intelligent Mobility (IM) and its implementation.</p><p>The plan aims to support IM in order to encourage economic growth and add value to the current infrastructure pipeline, allowing both public and private sectors to capitalize on the opportunities presented by IM.</p><p>The government is also considering increasing the Intelligent Mobility Fund and simplifying the process to bid for funding to encourage more research and development in the EV sector.</p><p>In addition to these efforts, the government is also working on creating an environment that encourages vehicle manufacturers to undertake research and development, if not manufacturing, in the country. This move is expected to boost the EV industry in India and promote the adoption of cleaner and more sustainable modes of transportation.</p><p>The Indian government’s focus on IM is not surprising, given the potential benefits of EVs. The global EV market is expected to reach $2.1 trillion by 2030, driven by advancements in battery technology and government policies promoting EV adoption. India, with its large population and growing economy, is well-positioned to benefit from this trend.</p><p>However, the success of Tesla’s entry into India will depend on several factors, including the availability of charging infrastructure, the cost of EVs, and consumer acceptance of EVs as a viable alternative to traditional fossil fuel-powered vehicles.</p><p>The Indian government’s efforts to create a favorable environment for EV adoption are a step in the right direction, but more needs to be done to ensure the long-term success of the EV industry in the country.</p><p>These efforts are expected to boost the EV industry in India and promote the adoption of cleaner and more sustainable modes of transportation. However, the success of Tesla’s entry into India will depend on several factors, including the availability of charging infrastructure, the cost of EVs, and consumer acceptance of EVs as a viable alternative to traditional fossil fuel-powered vehicles.</p><p>The post <a rel="nofollow" href="https://businessweekender.com/business/robust-roadmap-for-teslas-entry-into-india/">Robust roadmap for Tesla’s entry into India</a> appeared first on <a rel="nofollow" href="https://businessweekender.com">Business Weekender</a>.</p>]]></content:encoded> <wfw:commentRss>https://businessweekender.com/business/robust-roadmap-for-teslas-entry-into-india/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item> <title>‘One Vehicle, One FASTag’ rule implemented by NHAI</title> <link>https://businessweekender.com/business/one-vehicle-one-fastag-rule-implemented-by-nhai/</link> <comments>https://businessweekender.com/business/one-vehicle-one-fastag-rule-implemented-by-nhai/#respond</comments> <dc:creator><![CDATA[News Features]]></dc:creator> <pubDate>Tue, 02 Apr 2024 11:26:38 +0000</pubDate> <category><![CDATA[Business]]></category> <guid isPermaLink="false">https://businessweekender.com/one-vehicle-one-fastag-rule-implemented-by-nhai</guid> <description><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="675" src="https://businessweekender.com/wp-content/uploads/2024/04/One-Vehicle-One-FASTag-rule-implemented-by-NHAI.-Representational-Images.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://businessweekender.com/wp-content/uploads/2024/04/One-Vehicle-One-FASTag-rule-implemented-by-NHAI.-Representational-Images.jpg 1200w, https://businessweekender.com/wp-content/uploads/2024/04/One-Vehicle-One-FASTag-rule-implemented-by-NHAI.-Representational-Images-300x169.jpg 300w, https://businessweekender.com/wp-content/uploads/2024/04/One-Vehicle-One-FASTag-rule-implemented-by-NHAI.-Representational-Images-1024x576.jpg 1024w, https://businessweekender.com/wp-content/uploads/2024/04/One-Vehicle-One-FASTag-rule-implemented-by-NHAI.-Representational-Images-768x432.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p>The ‘One Vehicle, One FASTag’ rule has been implemented by the National Highways Authority of India (NHAI) to streamline toll collection and enhance efficiency at toll plazas across the country. This initiative, which came into force on April 1, aims to discourage the practice of using a single FASTag for multiple vehicles or linking multiple […]</p><p>The post <a rel="nofollow" href="https://businessweekender.com/business/one-vehicle-one-fastag-rule-implemented-by-nhai/">‘One Vehicle, One FASTag’ rule implemented by NHAI</a> appeared first on <a rel="nofollow" href="https://businessweekender.com">Business Weekender</a>.</p>]]></description> <content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="675" src="https://businessweekender.com/wp-content/uploads/2024/04/One-Vehicle-One-FASTag-rule-implemented-by-NHAI.-Representational-Images.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://businessweekender.com/wp-content/uploads/2024/04/One-Vehicle-One-FASTag-rule-implemented-by-NHAI.-Representational-Images.jpg 1200w, https://businessweekender.com/wp-content/uploads/2024/04/One-Vehicle-One-FASTag-rule-implemented-by-NHAI.-Representational-Images-300x169.jpg 300w, https://businessweekender.com/wp-content/uploads/2024/04/One-Vehicle-One-FASTag-rule-implemented-by-NHAI.-Representational-Images-1024x576.jpg 1024w, https://businessweekender.com/wp-content/uploads/2024/04/One-Vehicle-One-FASTag-rule-implemented-by-NHAI.-Representational-Images-768x432.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p>The ‘One Vehicle, One FASTag’ rule has been implemented by the National Highways Authority of India (NHAI) to streamline toll collection and enhance efficiency at toll plazas across the country.</p><p>This initiative, which came into force on April 1, aims to discourage the practice of using a single FASTag for multiple vehicles or linking multiple FASTags to a particular vehicle. The move follows reports of multiple FASTags being issued for a single vehicle and instances of FASTags being used without proper KYC compliance, violating RBI regulations.</p><p>With the new rule in effect, individuals with multiple FASTags for one vehicle will no longer be able to use all of them. This measure is intended to address issues such as toll plaza delays caused by drivers not placing FASTags on their windshields, inconveniencing other highway users.</p><p>The NHAI’s decision to enforce the ‘One Vehicle, One FASTag’ rule underscores the importance of compliance with electronic toll collection norms and regulations.</p><p>The FASTag system, which operates through Radio Frequency Identification (RFID) technology, has significantly revolutionized toll collection in India, boasting a penetration rate of approximately 98% and over 8 crore users nationwide. The electronic toll collection system has witnessed substantial growth in recent years, with a notable increase in the number of transactions and total collections at fee plazas.</p><p>Overall, the implementation of the ‘One Vehicle, One FASTag’ rule marks a significant step towards ensuring a more seamless and efficient toll collection process, promoting compliance with regulations, and enhancing the overall experience for highway users across the country.</p><p>The post <a rel="nofollow" href="https://businessweekender.com/business/one-vehicle-one-fastag-rule-implemented-by-nhai/">‘One Vehicle, One FASTag’ rule implemented by NHAI</a> appeared first on <a rel="nofollow" href="https://businessweekender.com">Business Weekender</a>.</p>]]></content:encoded> <wfw:commentRss>https://businessweekender.com/business/one-vehicle-one-fastag-rule-implemented-by-nhai/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item> <title>Why gold prices are rising to a record high in India</title> <link>https://businessweekender.com/business/why-gold-prices-are-rising-to-a-record-highs-in-india/</link> <comments>https://businessweekender.com/business/why-gold-prices-are-rising-to-a-record-highs-in-india/#respond</comments> <dc:creator><![CDATA[News Features]]></dc:creator> <pubDate>Tue, 02 Apr 2024 11:25:14 +0000</pubDate> <category><![CDATA[Business]]></category> <guid isPermaLink="false">https://businessweekender.com/why-gold-prices-are-rising-to-a-record-highs-in-india</guid> <description><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="675" src="https://businessweekender.com/wp-content/uploads/2024/04/Representational-Images.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://businessweekender.com/wp-content/uploads/2024/04/Representational-Images.jpg 1200w, https://businessweekender.com/wp-content/uploads/2024/04/Representational-Images-300x169.jpg 300w, https://businessweekender.com/wp-content/uploads/2024/04/Representational-Images-1024x576.jpg 1024w, https://businessweekender.com/wp-content/uploads/2024/04/Representational-Images-768x432.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p>Gold prices in India have been soaring to unprecedented levels, driven by a confluence of global and domestic factors. The surge in international gold prices, reaching over US$2,100 per ounce, has significantly impacted the Indian market, with domestic prices hitting all-time highs at INR 66,529 per 10 grams. This surge has been fueled by various […]</p><p>The post <a rel="nofollow" href="https://businessweekender.com/business/why-gold-prices-are-rising-to-a-record-highs-in-india/">Why gold prices are rising to a record high in India</a> appeared first on <a rel="nofollow" href="https://businessweekender.com">Business Weekender</a>.</p>]]></description> <content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="675" src="https://businessweekender.com/wp-content/uploads/2024/04/Representational-Images.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://businessweekender.com/wp-content/uploads/2024/04/Representational-Images.jpg 1200w, https://businessweekender.com/wp-content/uploads/2024/04/Representational-Images-300x169.jpg 300w, https://businessweekender.com/wp-content/uploads/2024/04/Representational-Images-1024x576.jpg 1024w, https://businessweekender.com/wp-content/uploads/2024/04/Representational-Images-768x432.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p>Gold prices in India have been soaring to unprecedented levels, driven by a confluence of global and domestic factors. The surge in international gold prices, reaching over US$2,100 per ounce, has significantly impacted the Indian market, with domestic prices hitting all-time highs at INR 66,529 per 10 grams. This surge has been fueled by various factors such as weaker economic data in the US, a decline in the USD, falling US Treasury yields, and geopolitical tensions. The recent price hike has notably dampened consumer demand, leading to a discount of around US$20 per ounce in the domestic market compared to international prices.</p><p>Despite the ongoing wedding season, the surge in gold prices has presented challenges to demand, with the Reserve Bank of India adding 4.7 tons of gold to its reserves in February, reaching an all-time high of 817 tons. Indian gold ETFs also witnessed significant inflows of US$93.3 million in February, the strongest monthly inflow in six months. The heightened scrutiny expected during the general election period from April to June on gold and cash movements further adds to the complexities of the market.</p><p>While the price surge poses headwinds for gold demand, the potential for moderation in prices over the coming months might offer some relief. However, the prevailing high prices could also drive investments into gold-linked financial products, indicating a shift in consumer behavior towards alternative investment avenues.</p><p>The intricate interplay of global economic dynamics, geopolitical tensions, and domestic market conditions underscores the complexity of the gold market in India. As gold continues to be a traditional safe-haven asset and store of value, its current price rally reflects a mix of optimism, economic uncertainties, and shifting investor sentiments. The future trajectory of gold prices in India remains uncertain, with a delicate balance between demand, supply, and external market influences shaping the landscape of this precious metal in the country.</p><p>The post <a rel="nofollow" href="https://businessweekender.com/business/why-gold-prices-are-rising-to-a-record-highs-in-india/">Why gold prices are rising to a record high in India</a> appeared first on <a rel="nofollow" href="https://businessweekender.com">Business Weekender</a>.</p>]]></content:encoded> <wfw:commentRss>https://businessweekender.com/business/why-gold-prices-are-rising-to-a-record-highs-in-india/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item> <title>Aditya Birla Fashion’s share price surges 15% amid demerger plan</title> <link>https://businessweekender.com/business/aditya-birla-fashions-share-price-surges-15-amid-demerger-plan/</link> <comments>https://businessweekender.com/business/aditya-birla-fashions-share-price-surges-15-amid-demerger-plan/#respond</comments> <dc:creator><![CDATA[Business Weekender]]></dc:creator> <pubDate>Tue, 02 Apr 2024 11:23:19 +0000</pubDate> <category><![CDATA[Business]]></category> <guid isPermaLink="false">https://businessweekender.com/aditya-birla-fashions-share-price-surges-15-amid-demerger-plan</guid> <description><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="675" src="https://businessweekender.com/wp-content/uploads/2024/04/Aditya-Birla-Fashions-share-price-surges-15-amid-demerger-plan.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://businessweekender.com/wp-content/uploads/2024/04/Aditya-Birla-Fashions-share-price-surges-15-amid-demerger-plan.jpg 1200w, https://businessweekender.com/wp-content/uploads/2024/04/Aditya-Birla-Fashions-share-price-surges-15-amid-demerger-plan-300x169.jpg 300w, https://businessweekender.com/wp-content/uploads/2024/04/Aditya-Birla-Fashions-share-price-surges-15-amid-demerger-plan-1024x576.jpg 1024w, https://businessweekender.com/wp-content/uploads/2024/04/Aditya-Birla-Fashions-share-price-surges-15-amid-demerger-plan-768x432.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p>Aditya Birla Fashion and Retail Ltd (ABFRL) experienced a significant surge in its share price, jumping by 15% following the company’s announcement of plans to demerge its Madura Fashion & Lifestyle business into a separate listed entity. This move has sparked investor enthusiasm, propelling the share price to an intra-day high of Rs 243.45 on […]</p><p>The post <a rel="nofollow" href="https://businessweekender.com/business/aditya-birla-fashions-share-price-surges-15-amid-demerger-plan/">Aditya Birla Fashion’s share price surges 15% amid demerger plan</a> appeared first on <a rel="nofollow" href="https://businessweekender.com">Business Weekender</a>.</p>]]></description> <content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="675" src="https://businessweekender.com/wp-content/uploads/2024/04/Aditya-Birla-Fashions-share-price-surges-15-amid-demerger-plan.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://businessweekender.com/wp-content/uploads/2024/04/Aditya-Birla-Fashions-share-price-surges-15-amid-demerger-plan.jpg 1200w, https://businessweekender.com/wp-content/uploads/2024/04/Aditya-Birla-Fashions-share-price-surges-15-amid-demerger-plan-300x169.jpg 300w, https://businessweekender.com/wp-content/uploads/2024/04/Aditya-Birla-Fashions-share-price-surges-15-amid-demerger-plan-1024x576.jpg 1024w, https://businessweekender.com/wp-content/uploads/2024/04/Aditya-Birla-Fashions-share-price-surges-15-amid-demerger-plan-768x432.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p>Aditya Birla Fashion and Retail Ltd (ABFRL) experienced a significant surge in its share price, jumping by 15% following the company’s announcement of plans to demerge its Madura Fashion & Lifestyle business into a separate listed entity. This move has sparked investor enthusiasm, propelling the share price to an intra-day high of Rs 243.45 on the Bombay Stock Exchange (BSE). The trading session witnessed heavy volumes, with 3 crore shares changing hands, a substantial increase compared to the one-week average.</p><p>The proposed demerger aims to create two distinct listed companies, each operating as independent growth engines with unique capital structures and value creation opportunities. ABFRL’s management highlighted that this strategic realignment will enhance long-term stakeholder value and unlock new avenues for growth. The demerger, subject to necessary approvals, will be executed through an NCLT scheme of arrangement, ensuring that all shareholders of ABFRL hold identical shareholding in the newly formed entity.</p><p>Post-demerger, ABFRL will focus on high-growth segments, including branded retail, premiumization, luxury brands, and digital-first offerings. The revamped portfolio will encompass value retail, ethnic wear, luxury brands, and digital platforms. Notable brands like Louis Phillippe, Van Heusen, Allen Solly, Peter England, American Eagle, Forever 21, Reebok, and Van Heusen innerwear will form part of the new listed entity.</p><p>The company also plans to raise growth capital within 12 months post-demerger to strengthen its financial position and pursue significant growth opportunities. Aditya Birla Fashion’s strategic restructuring underscores its commitment to driving sustained growth, value creation, and shareholder confidence in the evolving retail landscape.</p><p>The post <a rel="nofollow" href="https://businessweekender.com/business/aditya-birla-fashions-share-price-surges-15-amid-demerger-plan/">Aditya Birla Fashion’s share price surges 15% amid demerger plan</a> appeared first on <a rel="nofollow" href="https://businessweekender.com">Business Weekender</a>.</p>]]></content:encoded> <wfw:commentRss>https://businessweekender.com/business/aditya-birla-fashions-share-price-surges-15-amid-demerger-plan/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> </channel></rss> If you would like to create a banner that links to this page (i.e. this validation result), do the following:
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