Author: News Desk

https://youtu.be/em9GPHiEZgcAfter facing a ban from Twitter and Facebook, Donald Trump will launch his own social media app. The ‘TRUTH Social’ app would “stand up to Big Tech” companies such as Twitter and Facebook, Trump said.  “I am excited to send out my first TRUTH on TRUTH Social very soon. TMTG’s mission is to give a voice to all”. It will be created through a new company formed by merging the Trump Media and Technology Group and a SPAC. The social network is set for a beta launch next month and full rollout in the first quarter of 2022. A subscription video-on-demand service called TMTG+ featuring entertainment, news…

https://youtu.be/ike77aovwNg JioPhone Next was expected to launch in September this year . Later, Reliance Jio had confirmed that the affordable smartphone will hit the market before Diwali. Now, Google Play Console has listed some specifications of the smartphone . The device will be powered by the Android Go operating system, Android Go 11 to be specific. This operating system is built for devices with low specifications. The JioPhone Next comes with an entry-grade Qualcomm Snapdragon 200-series chipset. The smartphone will be powered by the Snapdragon 215 chipset which will be paired with Adreno 306 GPU. The size of the display…

https://youtu.be/slwi-2POh9g C Balagopal is appointedas the new Chairman of Federal Bank. He is currently serving as director of the Federal bank. He will take charge on November 22, 2021, and go on till June 28, 2023. Former IAS officer, Balagopal shined as an entrepreneur. Post Graduate in Economics from Madras Loyola College, he passed IAS in 1977. He had held various positions in Manipur and Kerala. Balagopal is known for his biomedical company. It used a technology developed by Sri Chithira Thirunal Institute of Medical Science and Technologies. Balagopal is one of the founding directors of Peninsula Polymers and Penpol.…

https://youtu.be/ETBSJTk7lP8 British digital bank Zopa has raised $300 million from investors, including Japan’s SoftBank Group. Zopa looks to expand its business ahead of a possible listing next year. The funding round values Zopa at around 750 million pounds ($1.03 billion). Chief Executive Jainav Janardana said “SoftBank identified us as the clear leader of digital consumer lending in the UK”. “They also believe in using AI and ML for lending and pricing, which we have been doing for years”. SoftBank Group’s Vision Fund 2 has been investing in British financial technology firms. The new valuation is a milestone in Zopa’s journey.

https://youtu.be/L-mHDnNWk9sPM Modi inaugurated the Khushinagar International Airport. The opening of the airport will boost Buddhist tourism in India.  The inaugural international flight arrived from Sri Lanka to Kushinagar on October 20. The flight had a delegation led by Sri Lanka’s Cabinet Minister Namal Rajapaksa and 100 senior Buddhist monks. The Rs 260 crore-Kushinagar airports will have direct flights to Delhi four times weekly from November 26. Mumbai and Kolkata will also get direct flights to this city from December 18, Civil Aviation Minister J M Scindia said. SpiceJet flights on the Delhi-Kushinagar-Delhi sector will operate four times a week on Mondays, Wednesdays, Fridays and Sundays. Kushinagar, in…

https://youtu.be/MgSMvhDAO_oIndia’s exports of major 37 agriculture and processed products jumped 18% to $10 billion during the first half of the current fiscal.There was an impressive growth in wheat, maize, meat, dairy and poultry products.The overall export of Agricultural and Processed Food Products Export Development Authority (Apeda products) was $8.51 billion in April-September 2020. Experts said that it would be a challenge for APEDA to sustain the momentum in the second half.If so, it would be difficult to achieve the targeted growth for this year,which is 10-15%This is because September had witnessed only about a 4% increase in shipmentMeanwhile, exports of APEDA…

https://youtu.be/gk0YUqAhkJ8Audi has commenced bookings for the new Audi Q5 in India. Audi Q5 can be booked with Rs 2 lakh.This is the German luxury carmaker’s 9th product launch in 2021.The new Audi Q5 is a perfect blend of comfort and practicality.Audi Q5 has a new design that captivates a glance at first.The company is confident that it will continue to retain its leadership position in the segment.It also hopes to attract the existing and prospective customers.

https://youtu.be/19aKL_Gr-vY Six companies have received Sebi’s go-ahead to launch initial share-sales. The list includes Nykaa, Adani Wilmar and Star Health & Allied Insurance . Penna Cement Industries, Latent View Analytics, and Sigachi Industries are other firms. These companies had filed their preliminary IPO papers with SEBI between May and August. They obtained “observations” between October 11-14. Issuance of “observations” implies Sebi’s nod to float the IPO. FSN E-Commerce Ventures Ltd runs the online marketplace for beauty and wellness products Nykaa. Its IPO has the fresh issue of equity shares worth Rs 525 crore and an offer for sale of 43,111,670…

https://youtu.be/VJc_gh9wDQc Reliance Retail Ventures Ltd (RRVL) has acquired a 52% stake in veteran couturier Ritu Kumar’s firm Ritika Pvt Ltd. The deal is for an undisclosed amount. RRVL’s majority equity acquisition in Ritika Pvt Ltd included completely acquiring Everstone’s 35% stake in the company. Everstone is a global equity firm. Ritu Kumar’s business includes Label Ritu Kumar, The third RI Ritu Kumar, and Ritu Kumar Home & Living. The partnership to highlight India’s re-emerging role in the international couture industry. Very few countries can match the sophistication, style and originality of design, found in India, RRVL Director Isha Ambani said.…

https://youtu.be/qxJkO35tKEkFacebook Inc is planning to rebrand itself with a new name next week, the Verge reported.CEO Mark Zuckerberg plans to talk about the name change at the annual Connect conference on October 28.According to the report, the name could be unveiled sooner.Facebook is already facing increasing US government scrutiny over its business practices.After the rebranding, Facebook’s social media app will be one of many products under a parent company. It will also oversee groups like Instagram, WhatsApp, Oculus and more.It’s not uncommon in Silicon Valley for companies to change their names as they bid to expand their services.The company has invested…