Author: News Desk

https://youtu.be/20U7-r0dJes In the present scenario, everyone is discussing the new technologies and technological disruptions around the world, specifically focusing on the Covid pandemic. The future of media is affected and what will be the greatest disruption going to happen for the media is a big question.  Digital disruption“Digital disruption is there and it’s been happening for the past decade or so, but the pandemic has sort of accelerated it,” says Jayant Mammen Mathew, Executive Editor & Director, Malayala Manorama. He said newsrooms and journalism will continue to be there. The only difference is that the medium and delivery will change. A story is…

https://youtu.be/GAE8OZ0-kAw Nykaa plans to invest Rs 100 crore in expanding its retail outlets.The company also aims to retail its private label brands abroad. Huge investmentsNykaa has earmarked close to Rs 100 crore of capex to invest in expanding its brick-and-mortar presence. “We are investing in fulfillment centres, which are large warehouses,” Nykaa’s Group CFO Arvind Agarwal told Economic Times.“So we are investing ahead of the curve building capacity to get closer to the customer. We launched the Guwahati warehouse as earlier we were shipping from Kolkata. Similarly, we launched in Hyderabad, Chennai and are working on many more such geographical expansion and…

https://youtu.be/S5SCOBbHdfI Starbucks has closed two outlets in China after reports of food safety violations surfaced. The company said it is investigating the matter.Expired ingredientsA news report said the firm used expired ingredients to make drinks. The incidents reportedly occurred at two stores in the eastern Chinese city of Wuxi. “We take the local media report very seriously,” a Starbucks spokesperson said.The incident became a trending topic on China’s social media platform Weibo. China is the largest market for Starbucks outside the US. 

https://youtu.be/tVFL8rjD0bo Gautam Adani’s realty unit is in talks to take over beleaguered Ozone Group. Adani Realty may take over The deal will be an enterprise value of about $1 billion. Adani Realty Ltd. is seeking to take over the Bengaluru-based Ozone. Ozone has an outstanding debt of more than 60 billion rupees, Bloomberg reported Relief for Ozone Ozone has ongoing projects in Mumbai, Bengaluru and Chennai. Adani’s developer arm will be taking over the debt of Ozone which has been struggling to repay creditors. Ozone has delivered 13.5 million square feet of real estate projects so far.

https://youtu.be/31qCd2CHOic Tesla has got the approval for three more models from India’s vehicle testing agencies. This has cleared the decks for Tesla’s launch in the country. Homologation certificate Tesla has got a homologation certificate for a total of seven models. Homologation certifies if a particular vehicle is roadworthy after meeting all the specified criteria. Tesla has been reportedly lobbying hard for lowered import duty with the Centre. Local manufacturing The Modi government has been pushing for local manufacturing of electric vehicles to make the country a hub of EV production. Tata motors is gearing up for electric vehicles production in…

https://youtu.be/d_xc0ZmfYXk Byju’s has made it to this year’s global list of 35 elite unicorns with valuations of over $10 billion. It has become the first domestic start-up to reach a valuation of $21 billion.Big recognitionByju’s is ranked as the 13th largest unicorn globally based on the latest figures by CB Insights. It is also the most valued tech start-up in the world, overtaking Chinese firm Yuanfudao. Meesho and fintech start-up CRED have also fared well and are in top spots in 2021. They were not even in the list of the top 37 unicorns in 2020.

https://youtu.be/uKhi2KHNQEs Intel is counting on India as it play critical role for development, execution as well as for innovation.Demand for cloud computingDuring Covid 19, 64% of organizations in India raised the demand for cloud computing, Nivruti Rai, Country Head, Intel India said. There was a demand in similar numbers for cloud software. This is because those who have technology roles are working from home, she said. R&DWorking from home requires a lot of connectivity support, that translates into a lot of computer and cloud kind of need. After the US, Rai said India is the largest R&D house. Now, we are working…

https://youtu.be/OF81QFX4wkE Rhea Mazumdar became a popular entrepreneur in the environment-friendly cutlery business with her ecoware products. Ecoware is the brand name of the range of cutleries and containers that have already grabbed the attention of the Quick Service Restaurant (QSR) industry. Eco-friendly alternativeShocked at the use of plastic and aluminium for packaging food in India, Rhea M Singhal, on her return from the UK, came up with an eco-friendly alternative in 2009. Aluminium and plastic were used in abundance to pack food. Rhea wanted to make an alternative to this by developing a product that is safe for food intake and at…

https://youtu.be/nADZi2aBDh0 Banzan Studios has become the first startup from Kerala to get its campaign listed on Tyke. Tyke is Asia’s first online platform enabling retail investors to participate in startups.FundraisingBanzan Studios has closed its first-ever public fundraising round with 136.33% over the subscription. “We are humbled and elated. Tyke success is like a Mini IPO feeling,” Mukesh Dev, Founder, Banzan Studios said. “Getting public trust in your dream is an overwhelming experience and with this small success, we aim to responsibly carry on and grow what we started last year; A first of its kind Character driven Digital Entertainment franchise, from India,…

https://youtu.be/TGFSR82EacQ Repos Energy, a Ratan Tata-backed startup, has launched a mobile petrol pump.Repos 2.0 Beta It will allow corporate entities and individuals to order doorstep diesel delivery. The firm has launched – Repos 2.0 Beta mobile petrol pump. It will travel through multiple cities across India to generate brand recognition.Repos appThe mobile petrol pump will have a capacity of up to 3,000 litres. Users can book the required quantity through the Repos app. Chetan Walunj, the co-founder, Repos Energy, said the team is excited about the new step..