Author: News Desk

https://youtu.be/WGJJwevpxEw Pine Labs has confidentially filed for a U.S initial public offering to raise about $500 million. Temasek and Mastercard backed the company’s listing. This could give it a valuation of about $5.5 billion to $7 billion.Expansion plansLast week, India’s top lender State Bank of India invested $20 million in Pine Labs. Pine Labs had raised $600 million last year, valuing it at $3.5 billion. Pine Labs now offers services and tools such as inventory management and payment terminals to merchants across Asia and the Middle East.

https://youtu.be/OFKrJKw7N9A Billionaire Ambani’s firm is expected to acquire 73% stake in Mandarin Oriental New York for $98 million. Reliance Industrial Investments and Holdings will buy the entire issued share capital of Columbus Centre Corp.New acquisitionThe transaction is expected to close by the end of March. It follows Reliance’s purchase of Stoke Park Ltd. in Buckinghamshire. “This acquisition will add to the consumer and hospitality footprint of the group,” Reliance said. Earlier this week, the company bought a 25.8% stake in Dunzo for $200 million.

https://youtu.be/vmIMCWtnhIA India is likely to overtake Japan as Asia’s second-largest economy by 2030. China is the largest economy in Asia.GDP growth expected India’s GDP is also projected to surpass that of Germany and the UK to rank as the world’s No.3. “India’s nominal GDP measured in USD terms is forecast to rise from $2.7 trillion in 2021 to $8.4 trillion by 2030,” IHS Markit Ltd said. For the full fiscal year 2021-22, India’s real GDP growth rate is projected to be 8.2 per cent. The Indian economy is forecast to continue growing in the 2022-23 fiscal year, at a pace of 6.7…

https://youtu.be/ijsR5A575qo Cadillac has unveiled a new concept car. It’s an autonomous EV designed for solace.InnerspaceThe two-seat car, the InnerSpace, has a low floor and technology that makes its tires quiet. It’s a part of its Cadillac Halo Concept Portfolio. Bryan Nesbitt, an executive director, said that electrification and autonomous driving will change the automobile industry. It is designed to help mitigate soundwave resonance within the tire, making the journey quieter.

https://youtu.be/up_R59y12rA Malavika Hegde, wife of V G Siddhartha, took over as CEO of Coffee Day Enterprises Limited (CDEL) in December 2020. Inspiring example CDEL had a debt of Rs 7,000 crore as of March 31, 2019. In August last year, CDEL reduced the debt, slowly getting back on track. According to its annual report, the net debt of CDEL stood at Rs 1,731 crore as of March 31, 2021.Hedge is a strong example of owning commitment, self-confidence and bouncing back. CCD owns 572 cafes across 165 cities in the country, along with 333 CCD Value Express kiosks.

https://youtu.be/UkydeVZEB2Q Microsoft CEO Satya Nadella has invested an undisclosed sum in Groww“Thrilled to have @satyanadella join us in our mission to make financial services accessible in India,” Groww Co-founder and CEO Lalit Keshre said. Groww enables Indian retail investors to invest in direct mutual funds, stocks, ETFs and IPO. A few months ago, the company raised $251 million, hitting a valuation of $3 billion. It provides services through its web and mobile app on both iOS and Android. Groww was founded by Lalit Keshre, Harsh Jain, Neeraj Singh and Ishan Bansal in 2016.

https://youtu.be/ftFLot-3wxI Leadership for Growth for Women Social Entrepreneurs is a training programme led by the Amani Institute based in Bengaluru. It is made possible through a grant provided to them by the US Consulate General Chennai. It is a fully-funded leadership development program for female founders across Karnataka, Kerala, Tamil NaduExclusive for womenThe training will be free of cost to twenty women entrepreneurs.The programme offers developing leadership and management skills, innovation, systems thinking and team building.

https://youtu.be/jegNiiUBPfo The seventh edition of Seeding Kerala is to be held at Hotel Grand Hyatt, Kochi, on February 2 and 3. The two-day event is hosted by the state’s nodal agency for startups. National Startup Challenge It aims at seeding investment culture among HNIs and attracting investors to the state’s startup innovation ecosystem. The summit will have interactions between 150 select participants, 100 HNIs, representatives of 10 top funds, 14 Angel Networks, 30 corporate houses and family offices besides 30 selected startup founders. It will have sessions on accelerating the startup investment ecosystem, cross-border angel investing and leveraging the IPO. A National Startup…

https://youtu.be/hpdEqxlxZGE Amul is busy fighting a legal battle against copycats in Mumbai and Delhi.Amul’s troubleThe high courts in Mumbai and Delhi have issued interim orders after Amul filed a suit of trademark and copyright infringements. Copycats sell the milk pouches by adding or replacing just one or two alphabets in the brand name ‘Amul’. The courts had further appointed a local commissioner to inspect the premises, prepare an inventory and the book of accounts of the party.Around four brands selling milk and dairy products similar to that of Amul have surfaced in Mumbai, Delhi-NCR and Uttar Pradesh markets.

https://youtu.be/FzDYliMoUBU Billionaire Elon Musk, who is CEO of Tesla – SpaceX, is a man of innovative thoughts. Musk’s ideas and plans have always been different. That makes him a unique person. Here are five tips from Musk for young people who want to succeed in life.1. Be UsefulMusk’s first advice is to remain useful. Indulge in activities that are useful to fellow beings and the world, even if that is a little tedious. According to Musk, if someone leads a useful life, that makes life worthwhile.2. Contribute to SocietyContribute to the community. More than mere consumption, strive to make a positive…