Author: News Desk
As China is battling the new variant of Omicron, companies across the world are concerned about its ripple effect on the global economy. Indian firms, be it electronics, attire producers, or gold and diamond exporters, all are worried about another bout of supply chain disruptions. They all depend upon China for supplies. For instance, attire producers rely on China for uncooked supplies. Smartphone makers anticipate a shortage of materials. Manufacturing down: In China, manufacturing is slowed down as several employees are down with infections. Besides, since the Chinese New Year is around the corner, there would be further delays in cargo movement.…
The programme TANSEED aims to help startups in Tamil Nadu receive funds. The scheme gives up to Rs 10 lakhs to early-stage startups. Other schemes such as the 100-crore emerging sector seed fund, the 30-crore exclusive fund for SC/ST entrepreneurs, ‘Tamil Angels’ platform for high-net-worth individuals, and the aggregator platform TANFUND for venture capital firms intend to strengthen the investment ecosystem. Several programmes have been introduced in incubation and acceleration arenas as well. S2G in market connect programmes to link startups with the government. Startups can give services and solutions to government departments. Programmes that cost up to Rs 50 lakhs will not have a…
As part of expanding its empire, Reliance Retail has signed a definitive agreement with Metro Cash & Carry India to acquire a 100 per cent stake in the latter for a cash consideration of Rs 2,850 crore. The acquisition is subject to some closing adjustments and is expected to be completed by March 2023. The acquisition will give Reliance Retail access to the vast network of Metro India stores and further strengthen Reliance Retail’s physical store footprint. Metro India stores are located across India’s key cities. It has a large base of registered kiranas and a supplier network. A pioneer…
As the ports-to-power conglomerate run by Gautam Adani gets closer to announcing its super app, The Adani Group launched a digital platform for its airport sector. Adani One, which was created in-house, will allow customers to book flights, track their progress, enter lounges, shop duty-free goods, hail cabs, and take advantage of parking options. Nitin Sethi, senior vice president and chief digital officer for consumer companies of Adani Group, stated on LinkedIn that “We have made progress in our digital journey.” We are working together to create a digital twin that will someday be similar to our traditional businesses. The…
Messi’s Instagram picture celebrating World Cup success now holds the title of the ‘most-liked post’ His post received more than 63 million likes on Instagram “CHAMPIONS OF THE WORLD!!!!!!,” wrote Messi on Instagram along with a heartful noteIt broke the record held by a plain photograph of an egg posted by the account @world_record_eggAdvertising executive Chris Godfrey posted the egg picture on January 4, 2019The sole intention was to dethrone the former record holder Kylie Jenner!
The Indian Railways would bring about Hydrogen-fuel powered, indigenously designed and built trains in December 2023. Currently, the design process is going on. Engineers would design them like Vande Bharat trains, informed the Railway Ministry. The Railways is also manufacturing the ‘Vande Metro’ train to support the middle-class and poor commuters. Vande Metro will replace the designs in the 1950s and 60s. The Vande Metro trains will be produced in mass numbers. The Railways is also working on the Vande Bharat-3 design which would be ideal for long journeys. Meanwhile, the Railways have started a new startup initiative for which about 800 startups have applied. The Railways will support the 50 selected…
James Cameron’s Avatar 2 has closed its opening weekend at the worldwide box office on a superb note. It has managed to rake in the third biggest global opening in the post-pandemic era after Doctor Strange In The Multiverse Of Madness and Spider-Man: No Way Home. However, the film opened a bit lower than expected at the North American box office. As per early trend reports, the film earned between Rs 16 crore and Rs 18 crore on day 4. Having already crossed Rs 160 crore in its first weekend, Avatar 2 will easily cross the Rs 200 crore mark…
In the world of football, Lionel Messi is an emotion. For Argentina fans, the Qatar World Cup 2022 was all about Messi lifting the trophy. Born in Rosario, Argentina, he is one of the finest football talents in the world. His career journey, accompanied by constant adulation and brickbats, has never been a cakewalk. However, he waded through them all to become the world’s highest-paid athlete. According to Forbes 2022 list, Messi took home 130 million dollars between May 2021 and May 2022. He surpassed LeBron James, Cristiano Ronaldo, and Neymar. The 35-year-old footballer leads a luxurious life, too. He owns four luxurious properties in four…
The new generation Maruti Suzuki Swift is likely to reach India in 2024. It might be globally launched by the end of 2023 or the early 2024. The new model will have significant changes inside and outside. It will have a 1.2L, 3-cylinder petrol engine. The fuel efficiency will be around 35-40kmpl. This will make the new swift the most fuel efficient car in India. In terms of shape, it will have more angular stance with a sporty look. The hatchback will have a newly-designed grille and sleek headlamps. The interior will feature SmartPlay Pro+ touchscreen infotainment system. There will…
Argentina won the World Cup, but it was Kylian Mbappe, the French team’s fighter who fought back despite the loss, that the world was watching. Mbappe, who has been playing for French club PSG since 2017, has already captivated the world with his play. PSG signed Mbappe for a record transfer fee of US$190 million plus bonuses. According to Celebrity Net Worth, Mbappe has a net worth of $150 million In addition to his base salary of $53 million, he earns an additional $10 million annually from endorsements. Advertising brands include Nike, Dior, Oakley and Hublot. He signed a 10-year…