Ivan Manuel Menezes, the India-born CEO of the world's biggest spirits company Diageo, died on Wednesday, days after being hospitalised for treatment of stomach ulcer. Menezes, 64, who was to retire at the end of this month, died in London, the company said. "It is with great sadness that Diageo announces that Sir Ivan Menezes has passed away following a brief illness, with his family at his side," it said in a statement. Diageo had on Monday announced that CEO-designate Debra Crew will assume the top role on an interim basis immediately as Menezes undergoes medical treatment.
His value lifestyle brand Zudio signals a coming of age of retail in small town India.
Both the companies have in the past worked together on several projects.
Anjana Reddy explores the market for home-grown Indian celebrity fashion brands at affordable prices.
'If you look at my work, you would probably like my songs in other films more than Baahubali or RRR.'
'The focus on easier access and faster delivery is creating a new consumption pattern that allows consumers to satisfy their last-minute cravings and restock essentials at the click of a button.'
Invitees to the 'pran pratishtha' consecration ceremony at the Ram temple started arriving Sunday in Ayodhya -- once a sleepy town now resplendent with new infrastructure and gripped by heightened religious fervour on the eve of a seminal event in India's political and religious history.
When the WPP chief Martin Sorrell advocates his ad agencies to compete for client businesses with his "kiss-and-punch" philosophy, design companies owned by the WPP group have collaboration on their minds.
'There cannot be any standards at all. Mind your own business.'
'I have saved your name on my phone, but I cannot read or pronounce it.' 'I am able to recognise my wife's name today because after seeing it for so long, it has been imprinted in my mind as a picture and not the letters.'
Three senior executives have resigned from Byju's at a time when the most valuable edtech company has been trying to address challenges such as due diligence issues, legal battles with lenders, challenges in raising fresh capital, and a markdown in its valuation by investors. Prathyusha Agarwal, the chief business officer of Byju's, has quit, according to sources. They said Himanshu Bajaj, business head of Byju's tuition centres, and Mukut Deepak, business head for Class 4 to 10, have also moved on.
Fraudsters in Himachal Pradesh minted a series of a cryptocoins -- two of which were KRO and DGT -- to cheat thousands of investors of more than Rs 200 crore over a period of five years, beginning in 2018 -- the year the crypto reached fever pitch.
The latest news on models, designers and actors from the world of glamour and fashion.
For those hoping for the third part of the KGF franchise with Kannada superstar Yash, here is the bad news and the good.
In 2015, as many as 15 major Chinese smartphone brands stepped into India.
'We carry 6.5 billion passengers every year. We have crossed seven billion this year, and are targeting 10 billion by 2030.'
US-based designer Rosena Sammi is retailing jewellery and designer accessories made by sex workers in West Bengal and Bihar.
The IT major is donning a new face for the changing times, says Ayan Pramanik.
The IT major is donning a new face for the changing times, says Ayan Pramanik.
Navi Mumbai airport's construction is facing delays, and is likely to commence commercial operations in 2025 instead of 2024, aviation consultancy firm CAPA has said in a report. When asked about this matter, the Adani Group told Business Standard that the Navi Mumbai airport project is "being executed as per scheduled implementation plan and will be operational by the original target date of December, 2024, without any delay". Navi Mumbai International Airport Limited (NMIAL), responsible for both the construction and operation of the airport, is a subsidiary of the Adani Group.
India is gearing up to tap the huge engineering outsourcing opportunity and position itself as the world's hub for high value design and manufacturing destination, a top Nasscom official said on Monday.
With increased consumer awareness and government support in place, it is the opportune time to enter the electric passenger vehicle segment, Mahindra Group Chairman Anand Mahindra said on Monday. With an eye on gaining leadership in the electric four-wheeler segment, the Indian auto major announced that it will launch five new electric Sports Utility Vehicles (SUVs) for both domestic and international markets, with the first four expected to hit the road between 2024 and 2026. The company would introduce the first of the five e-SUVs towards the end of 2024, starting with the Indian market.
... changing seats and in-flight entertainment on its older aircraft.
Instagram, owned by the tech giant Meta, on Wednesday, unveiled its new app called 'Threads' a new app designed to directly compete with Elon Musk's Twitter. According to The Hollywood Reporter, a US-based media house, Meta Platforms Inc. CEO Mark Zuckerberg announced the launch, framing Threads as "a new, separate space for real-time updates and public conversations." Threads will be linked to users' Instagram profiles, making it simple to connect with followers, prominent personalities, or brands.
The government has cleared a proposal by Luxury Goods Retail for foreign equity participation of 51 per cent by Gucci Group NV, Netherlands with an investment of Rs 1.04 crore for retailing Gucci brands in the country.
How the designers of the Olympic logo broke the rules to send out a message that the Games were no longer just for the elite.
Unhappy with the rumblings in the party, an Aam Aadmi Party volunteer, who claims to have designed the party's logo, has written to the Delhi Chief Minister Arvind Kejriwal asking him to stop using the logo.
The government is busy strategising ways to revive the domestic mobile device industry as Chinese firms have grabbed a large chunk of the handset market. The idea is to minimise competition from Chinese mobile players in the entry level or sub-Rs 10,000 category, according to a senior government official familiar with the plans. While discussions on the strategy are on, there's a growing consensus within the government that the lower end of the market should be reserved only for the domestic players, the official said.
If clothes indeed make the man, of the numerous characters SRK has essayed in a career spanning over three decades, he's created a series of iconic looks and sartorial trends.
The Apple 'Far Out' event, which was one of the most anticipated tech events of the year, finally happened on Wednesday, bringing new gadgets galore including new iPhones, new watches and new AirPods. However, for those who missed it, worry not, here's the roundup.
'With the Danish national team's new jerseys, we wanted to send a dual message. They are not only inspired by Euro 92, paying tribute to Denmark's greatest football success, but also a protest against Qatar and its human rights record.'
Delving into deeper topics, fleshing out a timely satire, rooting for womanhood while being full of beans, dance, music, charm and comedy, Greta Gerwig's creativity knows no bounds, raves Sukanya Verma.
'Known for his innovative styles and perfumes, Issey Miyake built a global fashion brand, which included designing Steve Jobs' famous black turtle neck jumpers.'
Seeking to leverage each other's brand strength, watch manufacturer Titan on Thursday joined hands with leading designer Rohit Bal to come out with a range of luxury watch collection targeting the top segment.
Pret designers Alpana Mittal and Neeraj Chauhan's outfits have been worn by Tyra Banks, the late Sridevi and Sofia Reyes.
Nescaf is leading the company's efforts to widen the public lens on its portfolio of brands
"Lady candidates need not apply." So read the postscript in a job notice from Telco (now Tata Motors) on a notice board in the corridors of the Indian Institute of Science, Bangalore (now Bengaluru), in 1974. Irked, Sudha Murty, who was then pursuing her masters in computer science at the institute, wrote a postcard to JRD Tata, expressing her surprise at this gender discrimination, especially since the Tata Group were pioneers on many fronts. Shortly, Murty became the first woman on the firm's shop floor.
'With this revamp the anonymous journey of the user will begin wherein he will not have to sign in every time he accesses the app.'
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