The founder of online food platform Zomato, Deepinder Goyal, faced criticism after announcing a new 'Pure Veg' delivery fleet for customers with a 100% vegetarian dietary preference. Many users called out the move as casteist and discriminatory, pointing out how this could lead to excluding restaurants and employees. Netizens also brought attention to the problematic practice of calling food 'pure' veg, which perpetuates caste discrimination in India. Zomato is not the first company to profit from such ingenuine practices, with the tweet implying that this is just a way for businesses to exploit deep-rooted casteism in the country.
Australian brands are still selling children's nightwear made from synthetic fibres that pose fire hazards, despite nine recalls issued by the ACCC. Wool, the only naturally flame-resistant fibre, has been deemed the safest option, but weak laws and labelling requirements in Australia continue to put consumers at risk.
In a conversation with Rob Isbitts, investment expert Matthew Tuttle discusses the selfishness problem on Wall Street and how ETFs have solved it. They also explore the potential for levered and inverse ETFs, the value of active management in finding alpha, and the importance of hedges, edges, asymmetry, and themes in investing. Tune in to learn more about Tuttle's unique perspective on the market.
Anand Mahindra, the esteemed Indian business tycoon, has once again displayed his admiration for India's first armless archer, Sheetal Devi, by gifting her a customized Mahindra Scorpio-N. At only sixteen years old, Sheetal has made history by winning a bronze medal at the Paris Paralympics last year and has continued to impress at various competitions, including the Asian Para Games. Mahindra was struck by her extraordinary skill and determination, and was moved to gift her with a symbol of her identity as an archer. This act of kindness has once again brought attention to Sheetal's inspiring journey and serves as a reminder of the power of resilience and determination.
Yorkshire and former England captain Michael Vaughan have openly criticized the decision to select Adil Rashid for the first Test against India, despite the spinner's absence from red-ball domestic cricket this season. Rashid has responded to their comments by stating he is not affected by their opinions. While Vaughan has called the situation "ridiculous", Chief Executive Mark Arthur of Yorkshire has expressed disappointment with England's choice, emphasizing that it diminishes the value of the county game. Rashid's desire to focus on white-ball cricket and his selection by Ed Smith based on exceptional circumstances is behind the decision, but it has caused significant tension within the English cricket community.
After 25 years of being wrongfully imprisoned in Louisiana, a 62-year-old African American man was finally released on Tuesday. Wilbert Jones was sentenced to life in prison without parole in 1973 for kidnapping and aggravated rape. However, new evidence surfaced that showed Jones' innocence, leading to his release. The case has raised questions about the justice system and the impact of wrongful convictions on individuals and their families.
AstroTalk, an online astrology consultancy platform, has launched its Direct-to-Consumer vertical called 'AstroTalk Store' which offers certified gemstones and energy alignment accessories. The company aims to achieve an annualized run rate of Rs 100 crore by the end of FY25 and expects the D2C vertical to contribute 25-30% of its revenue in the long run. With its products available on major e-commerce platforms like Myntra and Amazon, AstroTalk is all set to expand its reach and cater to the growing demand for authentic remedies in the market.
The stock market witnessed a massive plunge, causing investors to lose a whopping Rs. 9.28 Lakh Crore. ICICI Bank saw a 2% rise in stock after reporting strong Q3 earnings, but it wasn't enough to stem the overall market trend. ICICI Pru Life, UltraTech Cement, MCX, Wipro, and Dr. Reddy's were among the companies that saw stock prices plummet after disappointing earnings reports. LIC MF, Aditya Birla, and Bank of India added to their investment portfolio by buying shares of Manorama, while HDFC Life saw a 12% surge in stock after announcing strong Q3 earnings.
Business Today TV (BTTV) has announced the launch of their new show 'Daily Calls', aimed at providing expert insights and guidance to viewers on their stock market queries. The live sessions, hosted by top analysts, will cover topics including investment strategies, portfolio building and market trends. Tune in to 'Daily Calls' for invaluable market clarity and make informed investment decisions.
The Central Industrial Security Force (CISF) has denied the allegations made by a Gurugram-based surgeon that his Apple Watch was nearly stolen during a security check at the Delhi Airport. The CISF, which ensures security at all major airports in the country, stated that CCTV footage contradicts the surgeon's version of events. The controversy erupted after the surgeon took to social media to raise his concerns.
After being a part of the band since its inception in 1996, Brad Delson has made the decision not to join Linkin Park on tour. The guitarist discussed why he has chosen to step down, citing the need for new energy and dynamic within the band as they welcome new members Emily Armstrong and Colin Brittain. This news has sparked curiosity and discussion among fans as they anticipate the band's upcoming shows without their longtime guitarist.