Salestorrs

Salestorrs

2/11/2025, 10:30:46 AM

*_Salestorrs_*, India will soon boast the world's largest curd making plant. Amul India announced an investment of ₹600 crore in setting up a curd manufacturing plant in Kolkata. The USD 68.6 million new facility to be set up in Sankrail Food Park, Howrah, Kolkata, will produce 10 lakh kilograms (1,000 metric tonnes) of curd and process 1.5 million litres of milk daily. Kaira District Cooperative Milk Producers'​ Union Limited will set up the plant in two phases. The project is part of the Ministry of Cooperation’s White Revolution 2.0 initiative to strengthen the dairy cooperative movement in West Bengal. How much milk and curd does the Gujarat Cooperative Milk Marketing Federation Ltd. produce today? Find out in today's *SalestorrsNews150* _News in 150 words._ https://www.salestors.com/news/amul-to-set-up-the-world%E2%80%99s-biggest-curd-plant-in-kolkata

Salestorrs

2/14/2025, 12:18:43 PM

*_Salestorrs_*, Prime Minister Narendra Modi's discussion with Donald Trump during his US visit covered everything from the skies to the roads. Donald Trump offered to sell the F35 Lightning II fighter jets to India. If the deal goes through, India will become the first non-Pacific and non-NATO US ally to own these jets. During the talks, Trump asked Modi to buy more oil and gas from the US and reduce tariffs on American cars. India currently operates Rafale, a 4.5-generation multirole fighter customised for Indian needs. Rafale is priced at $110-120 million, while the F35s cost between $80-115 million depending upon the model F35A, B, or C. What sets the two fighter jets apart? Find out in today's *SalestorrsNews150* _News in 150 words._ https://www.salestors.com/news/trump-plans-to-sell-f35-fighter-jets-to-india

Salestorrs

2/18/2025, 11:06:49 AM

*_Salestorrs_*, Elon Musk always showed keen interest in setting up manufacturing in India, provided the carmaker is first permitted to sell and service its vehicles and import duty is lowered. India lowering the import duty from 110% to 70% on high-end cars above $40,000, Elon Musk's meeting with Prime Minister Narendra Modi last week fueled its entry. Tesla announced hiring in India. It is hiring for 13 positions in Mumbai, including one in Pune, as per its careers page. Positions ranged from advisory roles across service, parts, and inside sales to service manager and technician, business and delivery operations, customer support and engagement, and store manager. Before this meeting, Tesla had started participating in discussions surrounding EV policymaking in India. Find out more in today's *SalestorrsNews150* _News in 150 words._ https://www.salestors.com/news/tesla-begins-hiring-in-india

Salestorrs

2/10/2025, 11:31:32 AM

*_Salestorrs_*, it seems that quick commerce has fastened its seat belts and speeding up its performance marketing costs. The apps that spent up to ₹450 per customer acquisition are now spending over ₹800. Why, you ask? Not just to combat competition, they are pushing their standalone quick commerce apps. In January, Swiggy launched a separate Instamart app. In December 2024, Zepto separated its 10-minute food delivery service, Café, from the main app. What did they achieve? Well, Blinkit almost doubled its Monthly Transacting Users (MTUs) to 10.6 million in the October-December 2024 quarter. Although, last month, it posted an EBITDA loss of ₹109 crore. Moreover, there is a new, budding regional q-commerce startup slowly snaking its way into the mobile spaces of Delhiites. AAP KA BAZAR (AKB) What drives the revenue for q-commerce? And how is AKB targeting the market? Find out in today's *SalestorrsNews150* _News in 150 words._ https://www.salestors.com/news/q-commerce-faces-rising-performance-marketing-costs%2C-declining-margins

Salestorrs

2/12/2025, 12:09:06 PM

*_Salestorrs_*, India is coming down strongly on cybercrime. It is desperately needed in a country that hosts the world's 48% of digital transactions. The Indian Cyber Crime Coordination Centre (I4C) is the Ministry of Home Affairs' initiative to combat cybercrime.It blocked 805 apps and 3,266 websites, caught 19 lakh mule accounts and suspended dubious transactions worth over ₹2,038 crore. It plans to deploy AI to identify mule accounts in a coordinated effort with RBI and banks. Cybercriminals use mule accounts to hide swindled money. Another set of apps were banned recently by the government. Find out more in today's *SalestorrsNews150* _News in 150 words._ https://www.salestors.com/news/home-ministry-blocks-805-apps%2C-3%2C266-websites

Salestorrs

2/17/2025, 11:16:21 AM

*_Salestorrs_*, while you may be watching the Indian real estate market expand exponentially, Godrej Properties is topping the charts. Between Apr-Dec 2024, it added 12 land parcels covering 169 lakh square feet worth ₹23,450 crore across Delhi-NCR, Mumbai, Hyderabad, Bengaluru, and Pune. In 2024, Godrej Properties sold properties worth ₹28,800 crore and emerged as the biggest listed real estate company in 2024 vis-à-vis sales bookings. It had sold properties worth ₹22,527 crore in 2023-24. It now intends to hit the ₹30,000 crore sales mark in FY2025, breaking through the company’s target of ₹27,000 crore sales bookings this fiscal. It also swept the Indian Qualified Institutional Placement (QIP) market. Find out more in today's *SalestorrsNews150* _News in 150 words._ https://www.salestors.com/news/godrej-properties-targeting-%E2%82%B930%2C000cr-sales-in-fy2025

Salestorrs

2/20/2025, 10:58:10 AM

*_Salestorrs_*, marking BJP’s return to Delhi after 26 years, Rekha Gupta took oath as Delhi’s Chief Minister on Thursday. She won from Shalimar Bagh by approximately 30,000 votes. Gupta, 50, began her political career as an Akhil Bharatiya Vidyarthi Parishad (ABVP) member in 1992 while pursuing BCom at Daulat Ram College, Delhi University. She became the Delhi University Students’ Union (DUSU) President in 1996-97 and completed LLB from Meerut in 2022. A three-time councillor, she developed Delhi’s first women’s park, Sita Vatika, and introduced battery-operated garbage trucks, a sexual harassment helpline, and underground parking. As Chairperson of the Women Welfare and Child Development Committee in the Municipal Corporation of Delhi (MCD), Rekha Gupta launched Sumedha Yojana to offer financial assistance to economically challenged female students. How has her history been with the BJP? And what makes her nomination special? Find out in today's *SalestorrsNews150* _News in 150 words._ https://www.salestors.com/news/rekha-gupta-sworn-in-as-delhi%E2%80%99s-9th-chief-minister

Salestorrs

2/19/2025, 9:25:40 AM

*_Salestorrs_*, India tops the global charts in AI skill penetration. And the movement in various sectors bears testimony. The Ministry of Electronics and Information Technology (MeitY)’s Digital Brand Identity Manual (DBIM), launched on Tuesday, will facilitate the government’s digital footprint across different ministries and agencies. For instance, the commerce ministry’s website is set for launch. Digital India Corporation, which operates under MeitY, is developing Digital India Bhashini as part of the National Language Translation Mission, will offer translation services in 22 Indian languages. Meanwhile, the Ministry of Information and Broadcasting is creating an AI hub to facilitate the smooth flow of information on government projects and enable multilingual content translation in many Indian languages. Find out what's cooking in which part of the country in today's *SalestorrsNews150* _News in 150 words._ https://www.salestors.com/news/it-ministry%E2%80%99s-digital-brand-identity-manual-to-strengthen-govt-websites

Salestorrs

2/13/2025, 12:13:08 PM

*_Salestorrs_*, the new Income Tax Bill to be introduced next year simplifies the tax regime and the language. It retains the old tax regime, rates, and capital gains for individuals and businesses. There will be no change in tax rates or introduction of any new taxes for individual salaries. However, the Bill consolidates deductions like standard deduction, gratuity, and Tax Deducted at Source (TDS) into one place and introduces a formula for calculating depreciation and taxes. Dispute resolution has also been simplified. Find out in today's *SalestorrsNews150* _News in 150 words._ http://salestors.com/news/income-tax-bill-2025-may-improve-compliance

Salestorrs

2/7/2025, 12:14:12 PM

*_Salestorrs_*, the Indian ecommerce payment industry is experiencing the rollercoaster this year. After last year ended with PhonePe announcing its decision to go solo with payment orchestration, Cashfree Payments and Razorpay announced it in January this year. This setback for the orchestrators (read JUSPAY) came in the middle of its $150-million funding round that could make the market-leading orchestrator a unicorn. Why are payment aggregators going solo? Find out in today's *SalestorrsNews150* _News in 150 words._ https://www.salestors.com/news/payment-aggregators-cutting-ties-with-payment-orchestrators