Dmart

F-35 Production Continues to Face Significant Quality Issues, Pentagon Test Office Reports

3 months ago

Recent assessments from the Pentagon's testing office have unveiled persistent quality control problems in the production of the F-35 fighter jet, casting a shadow over the program's efficiency and reliability. Despite previous efforts to rectify these issues, the latest findings indicate that the situation remains flawed, compromising both the aircraft's readiness and operational capability.

Drone Defense Startup Secures $100 Million Funding from DFJ and Lockheed Martin

3 months ago

A cutting-edge drone defense startup has recently achieved a significant milestone by securing $100 million in funding from prominent investors, including Draper Fisher Jurvetson (DFJ) and defense giant Lockheed Martin. This significant investment marks a pivotal moment for the company as it aims to bolster its development of advanced drone defense technologies.

Dmart Faces Setback: Profit Misses Expectations Amid Intense Competition and Operational Challenges

3 months ago

Dmart, a leading Indian grocery chain, recently reported disappointing quarterly earnings, prompting a notable drop in its share price. The company's performance fell short of investor expectations as aggressive discounting and swift delivery strategies impacted profitability. This news has sent ripples through the retail sector, reflecting the challenges retailers face in a competitive market fueled by changing consumer behaviors.

D-Mart’s Parent Company to Appoint Unilever's Asawa as New CEO in 2026

3 months ago

In a significant leadership transition, DMart's parent company, Avenue Supermarts Ltd., has announced the appointment of Sanjiv Asawa, a senior executive at Unilever, as the new Chief Executive Officer (CEO) starting in 2026. This strategic move is aimed at ensuring a seamless succession in the leadership of one of India's largest retail chains.

UFC Teams Up with Daily Wire's Woke-Free Razor Brand as Official Partner

5 months ago

In a significant partnership move, the Ultimate Fighting Championship (UFC) has announced that it will be teaming up with the Daily Wire's newly launched "woke-free" razor brand. This collaboration marks a strategic alignment between the popular mixed martial arts promotion and a brand that positions itself against the perceived political correctness of other grooming products on the market.