Getting a Facelift

The famous Dali’s ashtray will soon be on display at the National Gallery of Modern Art (NGMA) along with Hussain and many progressive Indian artists.

A huge collection of 4000 exquisite art pieces have been acquired from Air India through the Ministry of Art and Culture.

This premier national institute is ready for its new makeover, according to NGMA director general Adwaita Gadanayak.

“We are in the process and after restoration, everything will be on display at the Jaipur House,” he says.

Know What They Don’t Say

While advising CEOs govern their strategy using the execution premium tools and processes, I often come across a problem that most of you would have encountered too: The customer satisfaction scores show the company or brand at 4 (on a scale of 1-5 with 5 being ‘excellent), yet the sales show reduction. Our extensive research on this show that what customers say and what they really mean are two different things, and most of it has something to do with the company itself.

Mahindra to launch new global MPV Marazzo in September

Mahindra and Mahindra, India’s second biggest utility vehicle maker by sales, on Tuesday announced name of its global new multi-purpose vehicle (MPV) model codenamed U321 as ‘Marazzo’.

The Mumbai-based auto major did not disclose its total investment in developing this new vehicle.

But when asked Pawan Goenka, managing director at M&M said to develop any new platform to produce a vehicle the standard investment is between Rs 1000 to Rs 1,500 crore.

This Rs 120-crore Zonda HP Barchetta is the world’s most expensive car

Italian sports car manufacturer Pagani Automobili has launched its latest hyper-car the Pagani Zonda HP Barchetta at a price tag of whopping Rs 122 crore. A motorcade consisting 10 hypercars worth over Rs 314 crore enthralled Londoners as it drove down en masse from Pagani UK’s North London headquarters, via the Capital, to Goodwood for the 25th anniversary of the Festival of Speed. The procession included the most expensive car in world Pagani Zonda HP Barchetta.

Leaks show Tesla has branded smartphone

Since Tesla already sells branded gadgets like an external battery, why not a smartphone?

It seems Tesla is eyeing a spot in the smartphone market, after carving a niche in premium electric cars and attempting space exploration with SpaceX projects, as per a leak.

Pictures of the phone’s front and rear panels were shared online on leaks repository SlashLeaks.

The core design and format feel like the Galaxy S8 a bit, but with a trademark “V” shaped area at the back, where the Tesla logo sits.

Vistara plans big foreign launch in Asia market

Proposing to launch its international operations soon, Vistara plans to operate flights to popular foreign tourist destinations of Bangkok, Phuket, Colombo and Male. That would make Vistara the second full-service carrier to go overseas after Jet Airways, which began flying on foreign routes almost a decade-and-a-half back. The move is set to offer consumers more flying choices at competitive ticket prices.

Grofers launches FMCG brands

With the online grocery market set to become active with the entry of Walmart, existing players like Grofers are becoming aggressive in terms of offerings. Grofers has launched five new private label brands that cover large range of FMCG products. With the launch of these brands, the company aims to double the revenue from private label products to 50 per cent this year and 70 per cent in the next three years.

Industry-academia stalemate may hit startups

The biggest missing piece in India’s startup story is the lack of communication and inadequate connect betwe­en industry and academia. The deadlock between these two will hurt the country’s tech startup ecosystem, wh­ich is the third largest in the world, Nasscom, cautions in­d­ustry apex body.

Xiaomi makes weak debut after big-bang IPO

Xiaomi Corp made a weak debut in Hong Kong on Monday, with the Chinese smartphone maker’s shares sliding as much as 6 per cent on valuation concerns, in an ominous sign for its technology sector peers lining up listings in the city. A packed initial public offering (IPO) calendar in the coming months will include a $4 billion deal from online food delivery-to-ticketing services platform Meituan Dianping and an up to $10 billion IPO from China Tower, the world’s largest mobile tower operator.

Luxury carmakers register double-digit growth in H1

The luxury car market in India is stabilising after the shock of Goods and Service Tax (GST) and a hike in cess on the luxury cars in the country last year.

Significantly, three of the top five luxury car brands posted double digits growth in the first six months, January—June period (H1).