Apple is reportedly cutting orders for its iPhone 15 Pro models. The move follows weaker-than-anticipated demand for the flagship devices. High prices are cited as the primary factor deterring potential buyers. This adjustment indicates a strategic response to current market conditions.
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Diageo India has entered the domestic ready-to-drink (RTD) alcoholic beverage market. The company introduced its new product line called 'Reds' in select Indian states. This move marks a strategic expansion into the fast-growing RTD category. The launch aims to cater to evolving consumer preferences for convenient beverage formats.
The upcoming Jewar airport in Uttar Pradesh is set to be renamed the Narendra Modi Airport. The decision was announced by the Uttar Pradesh cabinet, as reported by the Economic Times. The airport is a major infrastructure project serving the National Capital Region. The renaming honors the Prime Minister, who laid the foundation stone for the project in 2021.
Zoho CEO Sridhar Vembu has called for Indian professionals working in the US to return to India. This call comes amid concerns over potential restrictions on the US PERM labor certification process, a key step for employment-based green cards. Vembu expressed his views in a recent interview with the Economic Times. He argued that the Indian economy now offers sufficient opportunities for skilled talent.
The Economic Times reports that a Rs 41,000 annual bonus for railway employees is under discussion. This payment is linked to the Productivity Linked Bonus (PLB) system for public sector workers. The final decision rests with the Union Cabinet, which will review the proposal. The bonus amount is typically announced ahead of the Dussehra festival.
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