Author: News Desk

https://youtu.be/Zw5f3JYjYaE Global appealReliance Retail Ventures Ltd has invested in 30-year-old designer brand Abraham & Thakore (A&T) for a “majority stake”. The investment intends to build the brand’s global appeal in the fashion and lifestyle market, Reliance Retail saidLaunched in 1992, A & T is now led by the design trio – David Abraham, Rakesh Thakore and Kevin Nigli. “They will continue to lead the creative direction of the brand”, Reliance Retail stated.According to David Abraham, A&T’s new partnership holds the potential for “redefining India’s luxury landscape”.

https://youtu.be/C6a27B9bbm4 Role modelShahnaz Hussain has opened a new chapter in the beauty concepts of Indian women. Who is Shahnaz Hussain? She is a woman entrepreneur who has amassed crores with ayurvedic ingredients in the cosmetics market dominated by foreign items. Shahnaz Hussain, who started herbal beauty care in India, has branded herself. Shahnaz Hussain, the founder, chairperson and managing director of the venture, is today a role model for women entrepreneurs in India. Shahnaz, a native of Ahmedabad during her visit to Iran with her husband, realized that traditional ayurvedic ingredients could revolutionize the cosmetics industry. While training in cosmetology in London,…

https://youtu.be/6yz_XmZUNto Clean electric vehiclesJeep’s first fully-electric SUV will hit streets in 2023, according to Stellantis, the brand’s parent company. Stellantis laid out its business plan for the next several years during a presentation in Amsterdam.It’s plan hinges on a massive transition toward producing clean electric vehicles. The electric SUV features signature Jeep traits like a seven-section grille and aggressive, bulky look.Big plansThe SUV’s rear door handles are placed up by the window, rather than in the conventional spot. By 2030, the automaker plans to double its revenue while launching at least 25 all-electric models.

More opportunities YouTube’s growing creator ecosystem is generating considerable economic value for the indian market and contributed Rs 6,800 crore to the country’s GDP, while supporting 6.83 lakh full-time equivalent jobs in 2020, the Google-owned platform has said. With the number of channels in India with more than 100,000 subscribers now at 40,000, marking a growth of more than 45 per cent (on-year), more Indian creators are finding opportunities and audiences on YouTube, often leading to new doorways away from the platform, according to a new report by Oxford Economics that assessed YouTube’s economic, societal and cultural impact in the…

Court will step in A Supreme Court bench led by Chief justice NV Ramana has given Amazon and Future Group 12 days time to reach a possible solution. “We will simply adjourn for 10 days. It is better in the interest of businesses to resolve. If you cannot reach a solution, we will step in,” the CJI said. The Supreme Court has now adjourned the case till March 15. The top court told the three parties – Amazon, Future Retail and Future Coupons Pvt Ltd (FCPL) to find ways to reach a settlement.Amazon and Future Group have agreed to talks. Both…

https://youtu.be/pfDoLqFUBC8 TANSEED3.0StartupTN has announced the third edition of its flagship initiative “TANSEED”. This is in association with Headstart Network Foundation & Villgro Innovations Foundation. The initiative will support startups with a Seed Grant up to Rs 10 Lakh each.Support startupsLast date to apply is March 11, 2022. TANSEED will support early-stage financing requirements of the Startups. It will be in the form of grants to fill the gap in fund requirements for research and innovationsTANSEED is a Grant Program by Tamil Nadu Startup And Innovation Mission TANSIM. It serves as the policy implementation agency under the MSME Department, Tamil Nadu government. 

https://youtu.be/mzmhXsRjL3E Great mileageElectric scooter ‘Simple One’ is set to launch later this year. The scooter is expected to be priced under Rs 1,20,000, undercutting its direct rival Ather Energy. The electric scooter will have a customisable touchscreen offering Bluetooth and 4G connectivity, remote locking and more. The Bengaluru-based startup’s first electric scooter will have a range of up to 240 kilometres in Eco mode.Launched in phased mannerIt will be launched in select cities in south India in the initial phases. This includes Bengaluru, Chennai and Hyderabad. Other cities will be added later, the company has confirmed.

https://youtu.be/jpIOb2CILEc Adani’s media businessAdani Group is taking a minority stake in local digital business news platform Quintillion. This marks billionaire Gautam Adani’s first bet in the news industry. The news of Adani’s entry to media was first reported in September last year. Adani Media Ventures had then appointed veteran journalist Sanjay Pugalia to lead the firm. Bloomberg Media in a separate statement said it was ending its equity joint venture with Quintillion in India.It was not immediately clear whether Adani picked up Bloomberg’s stake. Gautam Adani is one of Asia’s richest alongside Mukesh Ambani, chairman of Reliance Industries.   

Support promising startups Aiming to help India’s next generation of innovators unlock this growth opportunity, MeitY Startup Hub, an initiative of the Ministry of Electronics and Information Technology (MeitY), and Google has announced a cohort of 100 Indian early to mid-stage startups.  The development programme by MeitY Startup Hub and Google, the goal of the Appscale Academy is to identify, and support promising Indian startups and help them grow into successful global businesses. The 100 startups were chosen from over 400 applications following an in-depth selection process that took into account their creative ideas and innovation, product quality, product scalability, and talent diversity. Bhuvnesh Kumar,…

 Huge growthNearly 20 percent of Indian ultra high-net worth-individuals (UHNWIs) invested in crypto assets last year amid rising popularity of cryptocurrencies and NFTs, according to a Knight Frank report. UHNWIs are those who have a net worth of USD 30 million (about Rs 226 crore) or more.In its Wealth Report released on Tuesday, Knight Frank said 18 per cent global UHNWIs now own cryptocurrencies or tokens, and 11 per cent have invested in NFTs (non-fungible tokens). “In the case of India, 18 percent of the ultra-wealthy have invested in crypto assets. 10 percent of them being invested in cryptocurrencies/tokens and…