Author: News Desk

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.

https://youtu.be/o7_SCVhTxjQ Byju’s plans to go public through a merger with one of Churchill Capital’s companies.Churchill Capital has VII raised over $1.3 billion in an offering and trades on the New York Stock Exchange.Merger plansByju’s held talks with several potential SPAC partners and is farthest along in working out an agreement with Michael Klein’s Churchill Capital, said the people, asking not to be named discussing private matters. Churchill Capital VII raised more than $1.3 billion in an offering in February and trades on the New York Stock Exchange, Bloomberg reported.Under the preliminary terms discussed, Byju’s would raise a total of about $4…

https://youtu.be/AxQxWEdfkkY Indian-origin Leena Nair has been appointed the global CEO of French luxury group Chanel.Key appointmentNair will be joining the company at the end of January and will be based in London, Chanel said in a statement. Chanel’s unusual decision to hire a fashion industry outsider as its new chief executive is seen as part of its growing efforts to show a more inclusive approach. Chanel said  that the new appointments would ensure its “long-term success as a private company”.Unilever veteranNair is the first female and youngest-ever Chief Human Resources Officer of Unilever.Nair was associated with Unilever for 30 years. “Leena…

https://youtu.be/SY1IR9g3y5s The Tata Group is looking to re-establish itself in the Indian beauty market. Tata exited the segment nearly 23 years ago.Back to businessTata will focus on footwear, underwear and beauty products, said a senior official. The cosmetics and beauty market in India stood at over $11 billion earlier this year. It is expected to be worth $20 billion in 2025.Tata introduced Lakme in 1953 as India’s first cosmetics brand. The conglomerate sold the brand to Hindustan Unilever in 1998.