Author: News Desk
Indian Hotels Company’s Taj becomes the world’s strongest hotel brand Says the annual report ‘Hotels 50 2022’ Brand valuation consultancy Brand Finance prepared the report Taj got an overall Brand Strength Index of 88.9 out of 100 It received an AAA rating, too It’s for customer familiarity, employee satisfaction, and corporate reputation The list also recognised Taj’s world-class customer service Hilton retained its reign as the world’s most valuable hotel brand
Mercedes-Benz is building its supercar: the One A $2.4 million sports car It takes the technology Mercedes uses in Formula 1 racing and applies it to a production car It has a turbocharged V6 paired with three electric motors Mercedes developed a seven-speed transmission specifically for the One The One generates an absurd 1,063 horsepower Its the fastest production car Mercedes has ever built The One also gets a Formula 1-style, rectangular steering wheel
Four Indian companies get featured in the list of top 100 valuable global brands They are TCS, HDFC Bank, Infosys, and LIC TCS became the most valuable brand coming from India It secured the 46th spot on the list HDFC bank stood at the 61st rank Infosys and LIC stood at 64th and 92nd spots respectively Apple was the most valuable brand in the world It was followed by Google, Amazon and Microsoft The list was prepared by Kantar Brandz 2022
RIL may not announce IPOs for Reliance Retail and Retail Jio in the upcoming AGM Says JP Morgan in a report The Annual General Meeting (AGM) is scheduled around July end or August Speculations were abuzz about the two IPOs IPOs of Reliance Retail Ventures Ltd (RRVL) and Reliance Jio Platform Ltd (RJPL) Reports said each company would raise Rs 50,000- Rs 75,000 crore
India’s first privately-run train flagged off from Coimbatore The destination is Sainagar Shirdi The train comes under the scheme ‘Bharat Gaurv’ The scheme was launched in November 2021 It allows private entities to operate theme-based train services The Coimbatore-Sainagar Shirdi service is provided by South Star Rail The company has paid for various charges The train has both AC and sleeper coaches
RIL may not announce IPOs for Reliance Retail and Retail Jio in the upcoming AGM Says JP Morgan in a report The Annual General Meeting (AGM) is scheduled around July end or August Speculations were abuzz about the two IPOs IPOs of Reliance Retail Ventures Ltd (RRVL) and Reliance Jio Platform Ltd (RJPL) Reports said each company would raise Rs 50,000- Rs 75,000 crore
E-commerce logistics SaaS company Shiprocket has acquired a majority stake in its competitor e-commerce platform Pickrr for about USD 200 million The deal is done in a mix of cash and equity transaction Shiprocket and Pickrr cater to India’s burgeoning D2C sector The two platforms process 10 million shipments per month Having a substantial customer base of more than 75,000 merchants, including direct-to-consumer (D2C) brands, SME e-tailers, and social commerce sellers
Google-backed technology company Nothing, will manufacture all smartphones that it will sell in India locally It is led by former OnePlus co-founder Carl Pei The Nothing Phone 1 will be the first smartphone from the company It aims to target the premium smartphone buyers with uncluttered and simple user interface experience The smartphone will be manufactured in Tamil Nadu Nothing is developing its own Operating System (OS) for Phone 1, which will be built using Qualcomm’s Snapdragon mobile platform
Alakh Pandey started teaching physics to overcome the financial crisis at home. Little did he expect that it would change his life when he revived his existing YouTube channel PhysicsWallah for posting Physics tutorials for Class XI students and Chemistry classes for JEE mains level. Currently, the channel has 6.87 million subscribers on YouTube. Pandey, the edtech entrepreneur says that many edtech giants have approached him either to join their platform or to acquire his channel. He did not yield as his student community was dear to him. In 2020, he launched a standalone app of PhysicsWallah along with co-founder Prateek Maheshwari as a bootstrapped project. Today, it generates a revenue of Rs…
Several Indian cities have risen in Startup Genome’s global startup ecosystem rankings Delhi rose by 11 places, to rank 26, compared to 2021 Bengaluru moved up one place from last year, to 22 According to Startup Genome, China’s ecosystems have declined in the rankings Asia experienced a 312% increase in the dollar amount of exits over $50 million from 2020 to 2021 India’s recent success is reflected in both Chennai and Pune moving up in the rankings The Chennai ecosystem saw a $1 billion exit in business software startup Freshworks