Author: News Desk
The future of mobility is electric. Electric vehicles are gaining popularity worldwide. Leading automakers have also stepped into the field of e-mobility. In India too, the Central and State Governments are promoting EVs through subsidies and electric vehicle policies. But in the last few months, there have been frequent incidents of fires in electric vehicles, especially e-scooters, in the country. This is a major concern for consumers as they prepare to switch to electric mobility. Two separate incidents in Pune and Vellore have raised big questions about the safety of electric vehicles. The government is taking the incident of e-scooter…
National Research Innovation Challenge from Kerala Startup Mission Challenge for researchers Kerala Startup Mission launches National Research Innovation Challenge featuring leading research institutes in the country. The Innovation Challenge is organized in collaboration with the Strategic Alliance Division of the Central Government and involves major cooperatives across the country. The National Research Innovation Challenge is part of KSUM’s Research Innovation Network Kerala (RINK) project. RINK envisions an attempt to translate research-focused ideas into commercially viable products. Anyone can attend Researchers from higher education institutions, accredited research institutes and universities operating at the state or national level are eligible to apply.…
Tata remerges Tata coffee; sees surge Shares of Tata Coffee and Tata Consumer Products surged after Tata Consumer Products Ltd (TCPL) announced the merger of all businesses of Tata Coffee Ltd with itself as part of a reorganization plan in line with its strategic priority of unlocking synergies and efficiencies. The stocks of Tata Coffee Limited were up by 9.74 per cent at Rs 215, and the stocks of Tata Consumer Products were up by 2.84 per cent at Rs 764. Tata has to demerge and remerge Tata coffee. This will happen through a composite scheme of arrangement. The shareholders…
Started as a social commerce platform that sold through a network of resellers, Meesho recently ventured into consumer-led commerce, putting it in direct competition with majors like Flipkart and Amazon. Meta-backed Meesho is accelerating the retail of branded products in categories like personal care and electronics, among others. This social media platform was largely based on selling unbranded products. Now they plan on improving their Direct-to-Consumer brand-based product for Ecommerce. Now, it is looking to capture a larger wallet share by going after “affordable brands” in categories like beauty and electronics. The category is being called Meesho Brands and the…
RBIH and Bank of Baroda promote Swanari finance solutions The Bank of Baroda, one of India’s leading public sector banks, is all set to promote financial inclusion of women in India in partnership with the Reserve Bank Innovation Hub (RBIH), a wholly-owned subsidiary of the Reserve Bank of India. Welcome to another segment of Channel IM news. Today, we bring to you news that would excite female entrepreneurs. Bank of Baroda said it will be the ‘scale-up partner’ for RBIH’s inaugural edition of its programme ‘Swanari TechSprint’, which would focus on developing digital solutions to help women achieve financial security and independence. The programme will positively impact the lives of more than 331 million adult women. This will…
Nitin Gadkari spreading awareness about Green hydrogen Union Minister Nitin Gadkari Visited parliament on Toyota mirai Toyota Mirai is a fuel cell electric vehicle powered by green hydrogen It is a strong indication of a shift in stance by the Center to battery-powered electric vehicles Gadkari had said in Goa that he would start using a green hydrogen powered vehicles as a pilot project Indian Oil Corporation had assured the supply of green hydrogen for the same Hydrogen FCEV enables a refueling time of just five minutes Consumers get about five times better energy storage per unit volume and weight
Virat Kohli, India’s most valuable celebrity with brand value of $186 million Virat Kohli continued to be the most powerful celebrity in India according to a report by Duff & Phelps, A Kroll Business According to the report, Virat Kohli retains the top position for the fifth consecutive year He has a brand value of $185.7 million Virat retained his position even after resigning from ODI and T20 captaincy Ranveer Singh who is at second position has a brand value of $158.3 million Akshay Kumar landed the third position this year with a brand value of $139.6 million
Hello, readers, Channel IM is here with the trends vis-à-vis financial resources. Today, we discuss OTT bank platforms and their efficacy. What is the OTT effect? Why is it relevant in banking? OTT platforms are setting the bar high by creating hyper-personalized experiences and AI-driven recommendations. Here, customers have the absolute power and flexibility to choose the type of content they want. Moreover, they will get recommendations based on their viewing pattern. By analyzing vast amounts of customer data available, the platforms can accurately predict and influence customer behaviour. As customer experience becomes the new battlefront, banks can personalize customer journeys and deliver higher engagement value…
Harpreet Kaur wins U.K based reality show ‘Apprentice’ The BBC show is piloted by business tycoon Lord Alan Sugar The show witnessed an all-female finale ‘The Apprentice’ winner claimed for investments to upscale business Kaur’s dessert shop was rebranded as ‘Oh So Yum’ Kaur has turned dreams to goals and goals to achievements
20% Production Slash for iPhones and iPods Apple Inc is planning to lower iPhone and AirPod production The company plans to produce 20% fewer iPhone SEs Apple has also reduced 2022 orders for AirPods by more than 10 million units Primary reason for pullback includes Inflation, production issues in China, ongoing war Apple’s lack of innovative design and 30% price hike augments obstacles Apple is expected to launch a brand new iPhone lineup later this year