Author: News Desk

Ratan Tata was seen driving up to the Taj hotel in the quaint little Nano albeit any fancy cars and security The Tata Nano, to this day, remains India’s most affordable and cheapest car The 84-year-old Ratan Tata was seen sitting in the front, driven to the hotel by his executive assistant Shantanu Naidu He was later escorted inside by the hotel staff without any procession of bodyguards The simplicity of the 84-year-old industrialist traveling around without much fanfare won over the internet, who dubbed him a “legend”

Walmart-woned digital payments firm PhonePe will acquire WealthDesk and OpenQ for $50 million and $20 million respectively, say reports. This acquisition is part of PhonePe’s efforts to strengthen its financial and wealth management services. PhonePe has confirmed the deal but is yet to confirm the amount. WealthDesk is a wealth management firm. After the acquisition, the founder of WealthDesk and the entire team will be working as part of the PhonePe group. Both platforms will remain independent. WealthDesk will be open to all players and founder Ujjwal Jain will continue to oversee the platform. OpenQ is a smart beta wealth…

Japanese investment firm SoftBank is all set to cut its spending on startups as it reported a huge net loss of $13.14 billion for the year ending March 31. SoftBank also reported its biggest-ever quarterly net loss of $16.2 billion for the January-March quarter. The firm said it would be forced to reduce startup funding by more than half this year. SoftBank’s $100 billion Vision Fund, launched in 2017, also suffered a historic loss of $27 billion for the year. It is due to heavy losses in investments in tech companies like Coupang and Didi Global. According to SoftBank, fast-rising…

Smartwatches have always been quite popular among Indians. Adding to the list of smartwatches is ‘boAt Primia’, developed by the tech brand boAt. It is boAt’s first-ever Bluetooth Calling Smartwatch with a 1.39 inch round AMOLED display. It has 454×454 pixels for providing sharper details even under bright sunlight. boAt Primia has a built-in speaker and microphone to let users access Voice Assistant directly from the device. The smartwatch is equipped with an in-built heart rate, SpO2, stress level tracker, and a sleep tracker for ensuring better health. The watch has 11 Active Sports Modes such as basketball, badminton, football,…

It is never easy to start and run a startup. From getting funding to customer support, it is indeed a tough path. When the situations get tough, most founders tend to make some mistakes while attempting to overcome the hurdles. RPG Enterprises boss Harsh Goenka’s recent tweet accompanied by a graph warns about ten such mistakes. According to him, startup founders should avoid the following 10 mistakes: Building something nobody wantsHiring poorlyLack of focusFail to execute sales and marketingNot having the right co-foundersChasing investors, not customersNot making sure you have enough moneySpending too much moneyFailing to ask for helpIgnoring social…

NTPC began its Girl Empowerment Mission (GEM) programme in 2018 with the aim to motivate unfortunate girls who are from its project locations. India’s largest integrated energy company, it has received praise for its projects that support women. What is the GEM programme? The initiative empowers girls from across India by making them aware of the need to have basic education, health, and self-defence knowledge. Thus, they would be able to break the glass ceiling and express their talents and capabilities. The project supported 2,300 girls across 20 projects by 2019. The girls who belonged between the ages of 10…

Reliance is all set to create a separate online marketplace for third-party sellers. It is in tune with the Indian government’s proposed e-commerce policy that prohibits marketplace operators from allowing their related parties as sellers on their platform. Although the Tatas and a few others are against the policy, Reliance seems to agree with this. Reliance is yet to name the new platform. It is said to have the ‘Jio’ branding like the existing JioMart. Once the separate platform arrives, JioMart will remain as the e-commerce arm of Reliance Retail for its own brands. Currently, Reliance is housing the independent…

Winners will get a 50k cash prize. It is also an opportunity for startups or innovators to pitch for a 15 lakh innovation grant and incubation support from KSUM. Innovation and Entrepreneurship Development Centre, TinkerHub, Kasaracode, and Calicut Digital Academy are the organising partners of the event. Problem statements for the hackathon are: Application of Robotics in graftingDetect aberration for the standard value of fat content in solid food productsDetection of appropriate tempering of chocolateDetection of maturity of coconut, preferably from the groundRegulating drip irrigation based on daily weather and soil conditions and locating the blockage in drippersAn exclusive platform…

Apple announced that it would no longer sell the iPod Touch iPhone-iPod hybrid device released in 2007 will no longer be available after all its supplies run out The company offers the device in 32GB, 128GB and 256GB models It is also available in six colors including silver, pink, blue and gold Apple’s move marks an end to one of the most influential devices from the tech industry

Every sports and adventure lover will have a Woodland product on their shelf. This international brand has a special place in people’s minds for its classy designs and durable materials. A Canadian brand, Woodland entered the Indian market in 1992. It has been a long journey for the brand but was worth it. Today, Channel I Am takes a look at the growth of this Canadian brand that turned out to be Indians’ favourite. Woodland has an interesting history. Its journey began in Quebec, Canada, in the 1980s. Its parent company, Aero Group, has been renowned for its outdoor shoes.…