Author: News Desk
Started as a social commerce platform that sold through a network of resellers, Meesho recently ventured into consumer-led commerce, putting it in direct competition with majors like Flipkart and Amazon. Meta-backed Meesho is accelerating the retail of branded products in categories like personal care and electronics, among others. This social media platform was largely based on selling unbranded products. Now they plan on improving their Direct-to-Consumer brand-based product for Ecommerce. Now, it is looking to capture a larger wallet share by going after “affordable brands” in categories like beauty and electronics. The category is being called Meesho Brands and the…
RBIH and Bank of Baroda promote Swanari finance solutions The Bank of Baroda, one of India’s leading public sector banks, is all set to promote financial inclusion of women in India in partnership with the Reserve Bank Innovation Hub (RBIH), a wholly-owned subsidiary of the Reserve Bank of India. Welcome to another segment of Channel IM news. Today, we bring to you news that would excite female entrepreneurs. Bank of Baroda said it will be the ‘scale-up partner’ for RBIH’s inaugural edition of its programme ‘Swanari TechSprint’, which would focus on developing digital solutions to help women achieve financial security and independence. The programme will positively impact the lives of more than 331 million adult women. This will…
Nitin Gadkari spreading awareness about Green hydrogen Union Minister Nitin Gadkari Visited parliament on Toyota mirai Toyota Mirai is a fuel cell electric vehicle powered by green hydrogen It is a strong indication of a shift in stance by the Center to battery-powered electric vehicles Gadkari had said in Goa that he would start using a green hydrogen powered vehicles as a pilot project Indian Oil Corporation had assured the supply of green hydrogen for the same Hydrogen FCEV enables a refueling time of just five minutes Consumers get about five times better energy storage per unit volume and weight
Virat Kohli, India’s most valuable celebrity with brand value of $186 million Virat Kohli continued to be the most powerful celebrity in India according to a report by Duff & Phelps, A Kroll Business According to the report, Virat Kohli retains the top position for the fifth consecutive year He has a brand value of $185.7 million Virat retained his position even after resigning from ODI and T20 captaincy Ranveer Singh who is at second position has a brand value of $158.3 million Akshay Kumar landed the third position this year with a brand value of $139.6 million
Hello, readers, Channel IM is here with the trends vis-à-vis financial resources. Today, we discuss OTT bank platforms and their efficacy. What is the OTT effect? Why is it relevant in banking? OTT platforms are setting the bar high by creating hyper-personalized experiences and AI-driven recommendations. Here, customers have the absolute power and flexibility to choose the type of content they want. Moreover, they will get recommendations based on their viewing pattern. By analyzing vast amounts of customer data available, the platforms can accurately predict and influence customer behaviour. As customer experience becomes the new battlefront, banks can personalize customer journeys and deliver higher engagement value…
Harpreet Kaur wins U.K based reality show ‘Apprentice’ The BBC show is piloted by business tycoon Lord Alan Sugar The show witnessed an all-female finale ‘The Apprentice’ winner claimed for investments to upscale business Kaur’s dessert shop was rebranded as ‘Oh So Yum’ Kaur has turned dreams to goals and goals to achievements
20% Production Slash for iPhones and iPods Apple Inc is planning to lower iPhone and AirPod production The company plans to produce 20% fewer iPhone SEs Apple has also reduced 2022 orders for AirPods by more than 10 million units Primary reason for pullback includes Inflation, production issues in China, ongoing war Apple’s lack of innovative design and 30% price hike augments obstacles Apple is expected to launch a brand new iPhone lineup later this year
Biggies of Indian Cinema Exhibition, PVR and INOX Announces Merger Movie theater chain companies, PVR and Inox Leisure received s approval for stock amalgamation Merger expected to bring two of India’s best cinema brand for unparalleled viewer experience A re-constituted 10-member board of directors with equal representations will be present The amalgamation would witness Ajay Bijli as the Managing Director and Sanjeev Kumar as the Executive Director PVR to hold 10.62% and INOX 16.66% stake Amalgamation ensures Growth of Indian cinema exhibition industry and value addition for stakeholders
Startups are producing innovative, complex, financial products using the public digital infrastructure.Amitabh Kant, chief executive officer of NITI Aayog India is witnessing startups leveraging Artificial Intelligence on solving the problems of accessibility, affordability and availability. Kant also said that AI startups hailing from the sectors of healthcare, agriculture, education, natural language processing, retail, and transport are changing the overall landscape in India. The startups are moving away from the conventional ways of doing business. Low-cost internet data plans, a talented pool of professionals, widespread phone usage and policy support given by the government have aided the growth of startups. The main…
Great career and product development opportunities await the winners of the ‘Reflection Automotive Challenge’; who aced to find the most innovative solutions for the problems faced by the automotive industry. The challenge was spearheaded by Reflections Info Systems, part of McLaren Strategic Ventures which was founded by the Former CEO of UST GLOBAL Mr Sajan Pillai. The 5-month long programme was curated and managed by Bloombloom and its offline platform B-HUB. The programme was organized in collaboration with ASAP, Kerala Startup Mission, IEDC, Technopark Today and Start to Scale. Apart from the prize money, the winners of the challenge were…