Author: 360digitalidea
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Lord Rose says that Mohsin Issa, the owner of Asda, should step back
Asda chair Lord Stuart Rose has expressed that he feels “embarrassed” by the supermarket giant’s decline in market share and has urged co-owner Mohsin Issa to step back from the daily operations of the retailer. “I’m going to be completely honest with you. Having been in this industry for a long time, I feel somewhat…
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Sugarbook: The founder of sugar SugarDaddy dating site says being jailed only strengthened his determination
Darren Chan, the founder and CEO of Sugarbook, an online dating platform based in Malaysia, was arrested by police on his way to lunch on a February afternoon in 2021. He claimed that the police had shown up in four vehicles. Chan realized that his company’s viral marketing campaign had “blown up a bit too…
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MGH Group CEO Anis Ahmed says that while the Chinese are eager to sell everything to India, there is insufficient air freight capacity to support it
A senior Singapore-based freight and logistics executive highlights the immense air cargo potential between India and China, driven by strong interest from Chinese exporters in the Indian market. However, the trade remains largely one-sided, with Indian airlines often returning to China with empty cargo holds. “You can’t change much because Indian exporters aren’t selling to…
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Zepto is currently at a stage similar to where Amazon was in the 1990s, says the co-founder
What’s the story? Zepto wants to replicate Amazon’s early success in the e-commerce space. Aadit Palicha, co-founder and CEO of the company, discussed this objective at the Moneycontrol Startup Conclave 2024. He made comparisons between Amazon’s situation in the late 1990s and early 2000s and Zepto’s current one. We’re positioned with the right macro-factors and…
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Arkane co-founder says his new studio’s next game is now in production
Wolfeye Studios, co-founded in 2019 by Raphael Colantonio, the co-creator of Dishonored and Prey (and also a co-founder of Arkane Studios), announced on Thursday that it is developing a new game. This first-person action RPG is set in a retro sci-fi universe. Details are still limited. This includes not only the title but also the…
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Policybazaar revenue surges by 52%; the CEO says the company is ‘growing like a child’
The parent company of Policybazaar, PB Fintech, reported revenues of Rs 1,010 crore for April–June 2024, marking a 52% increase compared to the previous year. It posted a net profit of Rs 60 crore for the period, reversing a loss of Rs 12 crore from the same quarter last year. PB Fintech, which is publicly…
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CEO in the Bengaluru States He doesn’t negotiate salaries with candidates. ‘Pay What They Ask For’
In today’s highly competitive job market, employers are doing everything possible to attract and recruit top talent. Companies are employing various innovative strategies to lure the best candidates, such as offering attractive benefits packages and fostering a supportive, inclusive work culture. Recently, a CEO from Bengaluru gained attention online for his unconventional hiring strategy. Arjun…
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Anand Kumar, founder of Super 30, predicts that 90% of coaching centers will close within the next 10 years
NEW DELHI: Anand Kumar, the renowned founder of Super 30, voiced his concerns about the current situation of coaching institutes days after three UPSC candidates drowned when rainwater collected on the road and filled the library at Rau’s IAS teaching center in central Delhi’s Old Rajender Nagar. It was brought up by Kumar that students…
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Co-Founder Akis Evangelidis Highlights India as a Crucial Market for Nothing’s Growth
According to Akis Evangelidis, co-founder of the global technology brand Nothing, India has become a vital market for the company’s growth. Evangelidis noted that 2024 has been a year of expansion for Nothing, with efforts concentrated on enhancing its smartphone lineup and incorporating advanced design and user experience innovations across different market segments. Nothing has…
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WazirX’s Nischal Shetty reported that they have sent records to CERT-In, are in contact with FIU, and are engaging with regulators
The biggest cryptocurrency exchange in India, WazirX, is presently trying to retrieve $230 million in cryptocurrency assets that were lost in a cyberattack on one of its multisignature wallets, in addition to finalizing a plan to relaunch its platform, a top official said. Crypto wallets, known as multisignature wallets, cannot be unlocked, and funds cannot…