Author: News Desk
https://youtu.be/m6x1_scMTB0 TikTok is serving up a new ghost kitchen restaurant concept based on its most viral food hits.TikTok KitchensThe video-sharing platform has announced that it is partnering with Virtual Dining Concepts. They will launch a delivery-based food service chain in March 2022. Titled “TikTok Kitchens,” the venture intends to bring TikTok-famous foods to its fans. The restaurant’s menu will include meals like baked feta pasta, smash burgers, corn ribs.Every quarter offerings are expected to adapt alongside shifting food trends on the app. TikTok Kitchens is expected to launch in 300 locations.
https://youtu.be/x1JEC5GcALU India’s electric vehicles segment is likely to witness an investment of $12.6 bn over the next 5 years. This report was published by Colliers, a leading real estate consultant. Big investments in India Tamil Nadu is the frontrunner, accounting for around 34% share in total planned investments for EV. Tamil Nadu is followed by Andhra Pradesh and Haryana with a share of 12 per cent and nine per cent respectively. The investments will benefit the Indian real estate sector as new showrooms will be opened. 15 States have either approved or notified EV policies, with 6 more states in…
https://youtu.be/nOmOYbC53kA The government is considering changes that would make it easier to lower its stake in state-run banks. This is a key step in PM Narendra Modi’s plan to unclog credit flow to the economy.Bank privatisation?If approved, it would allow the government to lower its holding in state-run lenders to 26% from 51%. This won’t dilute its grip on management appointments, a media report said. They would also simplify the privatization of certain identified lenders and permit foreign investors.It proposes government stake be reduced to a minimum of 26% from 51%. Foreign stakeholders can be allowed to breach the 20% cap.
https://youtu.be/29bKG0O0ZGM Zivame founded by Richa Kar proves that if there is willpower, any venture can be made into a successful business. Richa Kar started a Lingerie online store at a time when people were shy to speak about innerwear. Richa Kar’s name is now synonymous with Zivame. Women normally feel uneasy while choosing innerwear from textiles. Richa started Zivame to help women overcome this. Women and teenage girls are now aware of Zivame. The brand is popular among women for the fact that its products are reasonable and good in quality. Strong team Richa completed her education at the BITS…
https://youtu.be/IHVDpKl698E The Competition Commission of India (CCI) has suspended Amazon’s deal with Future Group. CCI ruled that Amazon had suppressed the scope and full details of its investment while seeking regulatory approval. A penalty of Rs 200 crore was imposed on Amazon.This is for failing to notify the details of its ‘combination’, as required in law.Blow to AmazonThe CCI said it considers “it necessary to examine the combination (deal) afresh,” adding its approval from 2019 “shall remain in abeyance” until then.“In exercise of the powers conferred under sub-section (2) of Section 45 of the Act, the Commission hereby directs Amazon to…
https://youtu.be/-LGZZDDhZGY Google has announced Android 12 (Go edition) for the entry-level smartphones. Apps on the Go edition device will launch up to 30% faster with smoother animation. Rollout next yearThe Go edition has also created the SplashScreen API. “It will start rolling out next year,” said Google. It saves battery life and storage by hibernating apps that haven’t been used for long. The new privacy indicator will show apps are accessing the microphone or camera. It has also features to translate any on-screen content into the preferred language.
https://youtu.be/P2cZnTcaBKw India saw 1.5 million women losing their jobs after the lockdown last year. This is according to a study by State of India’s Livelihoods by Access Development Services.Women affected Total jobs lost during the period was 6.3 million, the report said. Of that, women accounted for 1.5 mn. Women workers in the informal sector were affected as 71% of rural women lost their jobs. At the same time, only 59 per cent of men lost jobs.The unemployment rate was highest among the youth.
https://youtu.be/XBY6jPMC1ac Amazon has produced 599 million pounds of plastic waste in 2020, an Oceana report said. An estimated 23.5 million pounds of that plastic ended up in the world’s oceans, it said.Plastic waste amid lockdownIn 2020, more Americans turned to Amazon amid COVID lockdowns. Amazon subsequently created more plastic packaging waste than ever, the report said. Oceana estimates that “up to 23.5 million pounds” entered the world’s oceans.It is equivalent to dumping a delivery van payload of plastic into the oceans every 67 min.Amazon claims flawed reportHowever, Amazon said that Oceana’s calculations are seriously flawed. “They have overestimated our plastics usage by…
https://youtu.be/UTMsZ4_f98oState Bank of India is offering new features for its customers.3-in-1 accountIt will provide a 3-in-1 account that has a savings bank account, a Demat account, and an online trading account. This will help customers with a simple and paperless certificates experience.For investing in stock markets, a Demat and trading account is mandatory. Demat account enables converting physical share certificates into electronic balances. Customers can also explore 3 in 1 account opening with the e-margin facility.
https://youtu.be/ggtGU9fprRI TVS Motor Company and BMW Motorrad will jointly develop electric vehicles. Both firms have identified a range of products to deliver significant business benefits.Exclusive productsThe firms will develop common platforms by mutually tapping the emerging technologies in the future mobility space. They will keep in mind the global requirements of customer segments in various markets.Exclusive products for both companies will be developed on these common platforms.The companies will retail their products globally. The first product through this cooperation will be showcased in the next 24 months.