Mahindra’s Classic Legends, maker of Jawa, plans to take BSA bikes deeper into the UK

Mahindra & Mahindra (M&M) announced on December 13, 2023, that, in collaboration with external investors, it will infuse Rs 875 crore into Classic Legends Pvt Ltd (CLPL). (Representative Image: Guruprasath Chandrasekaran via Unsplash)

Classic Legends is the owner of brands such as Jawa, Yezdi, and BSA, operating in India’s rapidly expanding premium motorcycle segment.

Layoffs: Nokia India to cut 250 jobs as part of cost-cutting exercise and restructuring plan in India

In October 2023, Nokia had decided to reduce its cost base and increase operational efficiency and the programme is expected to lead to a 72,000 – 77,000 employee organisation compared to the 86,000 employees. (Image source: Moneycontrol)

The company also announced Tarun Chhabra as the new Country Manager for India. Chhabra will be replacing Sanjay Malik who is to retire on March 31.

Yum Restaurants may sell entire stake in Devyani International for Rs 815 crore

As of December 30, Yum Restaurants India held 5 crore shares in Devyani International. Yum Restaurants India had bought a 4.41 percent stake in Devyani International in September 2021 after which it had maintained its stake in the company. (Image source: YouTube)

Devyani International is the largest franchisee for Yum Brands which operates KFC, Pizza Hut, and Taco Bell in India and the sole franchisee for Costa Coffee.

Walmart International’s ad business grows 76 percent led by Flipkart and Mexico business

The combination would be expected to further accelerate Walmart’s media business in the U.S., Walmart Connect, bringing together VIZIO's advertising solutions business with Walmart’s reach and capabilities. These benefits would be further strengthened by the growth of connected TV platforms and Walmart’s industry-leading TV panel sales. (Image source: Unsplash)

Walmart has also crossed $100 billion in global e-commerce sales for the first time.

League Chairman Arun Dhumal: IPL to start from March 22

Currently, the brand is present across 120+ cities in India..(Image source: @IPL via X)

The players’ auction for the 2024 season was held in December last year and Australian pacer Mitchell Starc became the most expensive player in the history of the league after being bought by Kolkata Knight Riders for Rs 24.75 crore.

AI avatars to attend work meetings on behalf of employees, says Otter CEO

Seamlessly supporting multiple languages, it integrates with Yellow.ai's omnichannel customer service platform, delivering a comprehensive and personalized support experience. (Image source: Moneycontrol)

AI avatars will be able to answer 90 percent of the queries posed during meetings and ask for help from a human worker if it gets stuck, quoted Sam Liang.