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Swiggy’s Food Delivery Business Turns Profitable: CEO Sriharsha Majety

Ut World May 20, 2023 0

According to a blog post by Sriharsha Majety, the CEO and Co-founder of Swiggy, the on-demand convenience platform’s food delivery business has become profitable. Mr. Majety stated that Swiggy’s food delivery business turned profitable as of March 2023, considering all corporate Continue Reading

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PVR INOX To Shut 50 Loss-Making Cinemas Over Next 6 Months

Ut World May 16, 2023 0

PVR INOX Ltd, a multiplex operator formed by the merger of India’s top two companies, has announced a quarterly loss of 3.33 billion rupees ($40.72 million). The loss was primarily due to one-time impairment charges and expenses associated with the planned closure of certain cinemas. As a result, the company incurred an accelerated depreciation charge […]Continue Reading

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How Can Organizations Enhance their Business Performance?

Ut World April 26, 2023 0

Organizations need to constantly strive to improve their performance and remain competitive and profitable in today’s market conditions. Everything that an organization does should contribute to the overall business performance, but that is not the case for most organizations. Most organizations fail to achieve a level of performance that will lead to their overall Continue Reading

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Why Should Businesses Build Strong Online Communities?

Ut World April 26, 2023 0

The business landscape has changed significantly in the past decade or so, especially with the widespread availability of high-speed internet. Businesses are no longer just competing for customers in the physical world, but also in the online world. With the rise of online forums and social media platforms, such as Facebook and Omegle, various businesses […]Continue Reading

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Why Brand Salience Matters in a Crowded Market?

Ut World April 26, 2023 0

One of the most critical marketing strategies includes branding. Proper branding helps the business to increase brand awareness, which ultimately helps build brand salience. Ultimately, it allows companies to attain more investors and increase their revenue. Unfortunately, even though many know the term branding, awareness of brand salience is rare. Brand salience is a KPI Continue Reading

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India’s IT sector likely to face macro headwinds until end 2023, say analysts

Ut World April 24, 2023 0

According to analysts, India’s information technology (IT) services companies are facing challenges due to concerns of an economic recession in developed markets and the effects of a banking crisis in the US and Europe. The situation is not expected to improve until the end of the year. As a result, foreign portfolio investors (FPIs) have […]Continue Reading

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Regulating Crypto Without Global Consensus Will Not Be Effective: Finance Minister

Ut World April 24, 2023 0

The Finance Minister of India, Nirmala Sitharaman, emphasized the importance of achieving global consensus before regulating cryptocurrencies. She suggested that all stakeholders need to collaborate on creating a universal framework for regulating cryptocurrencies, otherwise, any regulation imposed would not be effective. She also clarified that her statement was not Continue Reading

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Joe Biden To Visit India In September, 2023 Will Be Big Year: US On India Ties

Ut World April 22, 2023 0

The US President Joe Biden plans to visit India in September, according to the administration’s representative for South and Central Asia. The official noted that the relationship between India and the US will be significant in 2023. Additionally, the official praised India’s leadership in the G-20, stating that it expands its ability to serve as […]Continue Reading

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Tim Cook, Sunil Mittal Meet; Commit To Work Closely In India, Africa

Ut World April 21, 2023 0

Bharti Group announced that Tim Cook, the CEO of Apple, has met with Sunil Mittal, the founder and chairman of the group, and they have both expressed their dedication to collaborate more closely in the markets of India and Africa. This announcement comes shortly after Apple’s inauguration of its first two authorized retail stores in […]Continue Reading

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India-Israel Trade Pact Should Be As Wide As Possible: Israeli Minister

Ut World April 19, 2023 0

Israel’s Minister of Economy and Industry, M K Nir Barkat, has suggested that the proposed free trade agreement (FTA) between India and Israel should be broadened as much as possible to facilitate trade and bring people closer. He stated that he intends to hold talks with Indian officials regarding the FTA, which has been under […]Continue Reading