Page 3 - Boat

BoAt to scale down wearables biz, focus on high-end audio products

The company is 18 months away from IPO, says CEO Mehta

Pune boat capsize tragedy: Bodies of 5 found; search on for another victim

The bodies of five out of the six persons, who drowned after their boat capsized in the Ujani dam backwaters in Maharashtra's Pune district, were fished out on Thursday morning, police said. The incident took place on Tuesday evening following strong winds and rains when the boat was sailing from Kugav to Kalashi village, officials earlier said. "We have fished out five bodies so far - of two men, a woman and two children. A team of the National Disaster Response Force and local administration are working to trace the sixth missing person," an official from Indapur police station said. Following strong winds and rains on Tuesday evening, the boat carrying seven persons capsized, an official earlier said. An officer of the assistant police inspector-rank, who was among the seven persons on the boat, swam to safety, he said.

Temporary channel opens for vessels to Baltimore port after bridge collapse

A third temporary channel for boats to enter and depart the Port of Baltimore has opened, expanding further shipping access as collapsed sections of the Francis Scott Key Bridge are salvaged before the span can ultimately be rebuilt. The alternate channel, located to the northeast of the fallen bridge, is open to commercially essential vessels, port officials announced late Friday. The new temporary path, with a controlling depth of 20 feet (6.1 meters), a horizontal clearance of 300 feet (91.4 meters) and a vertical clearance of 135 feet (41.2 meters), allows a greater variety of vessels to access the port while crews work to reopen the main channel, Coast Guard and port Capt. David O'Connell said in a news release. With the new channel open, about 15% of pre-collapse commercial activity will resume, O'Connell said. The first temporary channel opened April 1. The bridge collapsed early March 26 after it was struck by the cargo ship Dali. Officials hope to open a channel by the end

Boat capsizes in Jhelum River, Srinagar: Six drowned, several missing

Adverse weather conditions, heightened by heavy rains over the past few days, caused landslides in the region, complicating rescue efforts

Boat suffers data breach: Personal data of 7.5 mn users leaked on dark web

The threat actor has put out around 2 Gigabytes of personally identifiable information (PII) of boAt users on dark web forums, claimed the reports

Data of 7.5 mn boAt customers leaked on dark web: Forbes India report

The personal data of 7.5 million boAt customers is a being sold at just two euros on the dark web

Rescue operation underway in Gujarat's Vadodara boat capsize incident

Gadhavi added that eight rescue teams were deployed to the scene after being alerted about the incident

Gujarat boat tragedy: 12 students, 2 teachers dead, 20 rescued; 2 arrested

Six school children died after a boat carrying 27 students, who were on a picnic, overturned in a lake on the outskirts of Vadodara city in Gujarat on Thursday, officials said. A search operation is underway to trace the remaining students at the Harni lake, where the incident happened, they said. Gujarat Education Minister Kuber Dindor said, "I have just learnt that six children died after a boat carrying school students overturned in a lake." "Rescue operations are underway. The National Disaster Response Force (NDRF) and the fire brigade personnel are on the job along with other agencies," he said. Vadodara district collector A B Gor said there were 27 children on the boat. "We are trying to trace and rescue others," he said. "A boat carrying school students, who came here on a picnic, overturned in Harni lake in the afternoon. The fire brigade has so far rescued seven students, while search is on for the missing ones," Vadodara's chief fire officer Parth Brahmbhatt said. Few

Piyush Goyal to meet 40 unicorn startups including Zerodha, Boat, Lenskart

Commerce and Industry Minister Piyush Goyal will hold discussions with senior representatives of 40 unicorn startups like Lenskart, Zerodha, and Boat here on Wednesday, an official said. Issues which will figure in the deliberations include ways to further promote sustainable growth of the sector, risks, domestic capital mobilisation and position India on the global startup landscape, the official said. Startup firms valued over USD 1 billion are categorised as unicorns. "Unicorns from different sectors and cities will be there. The sectors which would see participation include fintech, e-commerce and logistics," the official added. The other firms who would attend the meeting include CarDekho, and EasyMy Trip. The government has taken a series of steps to promote the startup ecosystem in the country. Over 1.17 lakh startups are recognised by the government. They are eligible to seek certain tax incentives. The Startup India initiative was launched by the Prime Minister Narendra

From boAT to Virat Kohli, why is Canadian singer Shubh facing backlash?

Electronics brand boAt on Tuesday announced that they are withdrawing sponsorship for Shubh's upcoming India tour, but what is the issue?

boAt withdraws sponsorship for Canadian Punjabi singer Shubh's India tour

Consumer electronics company boAt on Tuesday said it has decided to withdraw sponsorship of Canada-based Punjabi singer Shubh's upcoming tour to India over certain remarks he made earlier this year. "At boAt, while our commitment to the incredible music community runs deep, we are first and foremost a true Indian brand. Therefore, when we became aware of the remarks made by artist Shubh earlier this year, we chose to withdraw our sponsorship from the tour," the company said in a post on social media platform X. Bhartiya Janata Yuva Morcha has raised objections claiming that Shubh allegedly showed support for Khalistanis by posting a distorted map of Kashmir. Shubhneet Singh, popularly known as Shubh, is scheduled to perform during the Cruise Control 4.0 event in Mumbai from September 23-25. Cricketer Virat Kohli had recently unfollowed Shubh on social media app Instagram. The announcement by boAt came on a day when tensions between Canada and India flared up after Canadian Prime .

UK PM Sunak seen wearing Boat headphones in Delhi; CEO Aman Gupta reacts

During his visit to meet the Indian students at the British Council in Delhi, UK PM Rishi Sunak was seen wearing Boat headphones

Smartwatch prices drop in India as brands try to secure higher market share

Although the margins are higher on expensive products, the average selling price of smartwatches was at an all-time low in the June quarter

6 dead, dozens rescued from sinking migrant boat in English Channel

Six people died and dozens of others were rescued from a boat carrying migrants that capsized Saturday while trying to cross the English Channel, French authorities said. About 50 people were rescued, France's Maritime Prefecture of the Channel and the North Sea said. Authorities initially said six of those rescued were in serious condition and one of them died after being flown by helicopter to a Calais hospital. They later announced that five others had died. Several British and French ships were involved in the early morning search and rescue effort after a patrol boat reported that a migrant boat was sinking off Sangatte. The Boulogne prosecutor's office is investigating.

Indian mkt growing well, overseas plans to be in place FY25: boAt's Gupta

The audio and wearables market in India is growing at a good pace, driving incremental revenue and production ramp-up plans for boAt, and the company's international blueprint will be set in motion only from FY25 onwards, its co-founder Aman Gupta has said. The overseas plans are currently in the making, but for now, the company is determined to cement its position in the smartwatches segment, its biggest focus this year. "For this year, our focus is not international...we are putting (building) blocks so that by next year, we should start looking at international...This year, we are trying to test the waters with some markets," Gupta told PTI. Overall, boAt is targeting gross sales of about Rs 5,000 crore in FY24. "The market is growing at a very good pace. In audio, we are the market leaders, while in wearables, we are competing with different players and competition keeps changing. The smartwatch market is growing at a high, good pace, and that is our biggest focus now, this yea

Definitely not listing this year, says boAt co-founder Gupta on IPO plans

Audio and wearables brand boAt, which had earlier deferred its public share sale plans amid stock market volatility, is "not in a hurry" to go for a listing, and is looking at FY25-FY26 timeframe for the IPO, co-founder Aman Gupta said. In an exclusive chat with PTI on wide-ranging issues, Gupta said that his startup is "well capitalised" for now. There was a phase when startup IPOs were in fashion but then the markets turned choppy, Gupta recounted. "We don't need to go for an IPO, as such. We can do that after a few years also... So, maybe FY25-FY26 is what we're looking... We're not in a hurry to list," Gupta said. boAt's listing is "definitely not this year", he added. The entrepreneur and investor whose stint with Shark Tank India has made him a household name, was among the invitees at an official delegation during Prime Minister Narendra Modi's recently-concluded visit to Paris. At the Indo-French CEO Forum last week, Gupta spoke about the rise of entrepreneurship and chan

Startup India celebration of innovation, entrepreneurship: boAt co-founder

India presents a compelling case for those looking to manufacture, boAt's co-founder Aman Gupta said, highlighting that initiatives like Startup India and celebration of innovation has changed the mood of the nation towards entrepreneurship. The outspoken entrepreneur said at the recent Indo-French CEO Forum that he had spoken about boAt's own story being a testimony of how real the India startup opportunity is. The entrepreneur and investor whose stint with Shark Tank India made him a household name, was among the invitees at an official delegation during Prime Minister Narendra Modi's recent visit to Paris. In an exclusive interview to PTI, Gupta recounted how startups were not recognised by the public as much earlier. According to him, the government's focus on entrepreneurship, and enabling initiatives like Startup India, Stand-Up India have changed the mood of the nation. "I spoke about our own story (at the Indo-French CEO Forum) and how we were importing 100 per cent when we

300 Pakistanis dead as boat capsizes in Greece: Here's what happened

Between 400 and 750 people were believed to have been aboard the vessel, when it sank about 80 km off the southern Greek town of Pylos

boAt logs Rs 4,000 cr in net sales, makes 15 mn products in India in FY23

Leading audio and wearables brand boAt on Thursday said it registered Rs 4,000 crore in net sales in FY23

Audio brand boAt scales up to Rs 4,0000 crore in net sales for FY 2022-23

The company said it is well positioned and capitalized to continue to make aggressive investments in establishing itself as a leading wearables brand in the country