Author: News Desk

https://youtu.be/vbu5ndN4ANs El Salvador will build an oceanside Bitcoin City at the base of a volcano. The Bitcoin City would be circular with an airport, residential and commercial areas.Taxfree It will also feature a central plaza designed to look like a Bitcoin symbol in the aerial view. President Nayib Bukele said the city would get geothermal power from the volcano. No taxes will be levied except VAT in the city planned in the eastern region of La Union.Make use of VATHalf of the VAT levied would be used to fund the bonds issued to build the city and the other half would pay…

https://youtu.be/5ppF5A7tY6Q Popular Vehicles and Services to expand its footprint into major northern and western Indian states. The company will start operations in Maharashtra, Gujarat and the Delhi National Capital Region.Big plansThe firm is also gearing up to become the only publicly-traded automobile retailer in India. It will focus more on the services segment of the business rather than sales.  It is coming up with an IPO comprising fresh issuance of equity shares worth Rs 150 crore. The offer for sale (OFS) of 2.6 million shares is by private equity major Banyan Tree.Market leaderIn terms of sales, Popular is among the top…

https://youtu.be/uSlLvooaSjIMaruti Suzuki India is not going to be in the diesel space, a senior official said. The company believes that the sale of Diesel vehicles would further come down.Stops Diesel cars It can happen with the onset of the next phase of emission norms in 2023, the official said. The next phase of emission norms would jack up the cost of diesel vehicles, the firm feels.Concentrate on fuel efficient carsIt would further impact the sales which have seen a gradual shift towards petrol cars. It would focus on improving its existing petrol powertrains in terms of fuel efficiency. Moving forward, it…

https://youtu.be/Fz_-B8pPuUY Apple is all set to launch its much-awaited Apple Store in India. Tim Cook had announced that the company would soon launch retail stores in India. First store in Mumbai Apple has started the hiring process for its retail stores in Mumbai and Delhi. The first store is expected to come up at the Bandra-Kurla Complex in Mumbai. The second store will be opened in Delhi. It will open its third store in Bengaluru. Currently, Apple sells its products offline through authorized resellers Support to customers Apple Stores will allow customers to have a first-hand experience of Apple products…

https://youtu.be/SjIBXP3orl0 Kitex Garments has incorporated a new subsidiary ‘Kitex Apparel Parks Limited’ (KAPL). Focus on wide varietyThe subsidiary company is engaged in establishment and carrying on the business of textile items, such as yarn, fabrics, garments, wearing apparels made from natural or synthetic fibres or from blends of both including children’s garments, babywear, infants wear, menswear, ladies wear irrespective of age limit and the like and also to procure all raw material and other auxiliary materials services required for the same.Profit surgeThe company has subscribed to the shares worth Rs 70 crore in KAPL. It is divided into Rs 7 crores shares…

https://youtu.be/lw9rr7_7cIc The Walmart-controlled Flipkart has announced its entry into the healthcare segment.The e-commerce firm said it entered into the sector through the launch of Flipkart Health+ Stake in Sastasundar Marketplace LtdFlipkart has signed an agreement to acquire a majority stake in Sastasundar Marketplace Ltd. The Kolkata-headquartered online pharmacy owns and operates SastaSundar.com. The digital healthcare and pharmacy platform is supported by over 490 pharmacies. It is backed by Japanese investors Mitsubishi Corporation and Rohto Pharmaceuticals. Quality healthcare assistance assuredThe firm also provides personal counselling. This will deliver comprehensive solutions for a range of healthcare needs. Through Flipkart Health+, Flipkart in India will leverage…

https://youtu.be/mGSq3J7fBcE Small Industries Development Bank of India (Sidbi) has partnered with Google India Pvt. Ltd (GIPL). This is for piloting a social impact lending programme with the financial help of up to Rs 1 crore. Boost for MSMEsThere will be a competitive interest rate for MSMEs. This brings a corpus of $15 million to MSMEs as a crisis response related to COVID. This partnership with GIPL brings a corpus of $15 million (around Rs 110 crore) to micro, small and medium enterprises (MSMEs) as a crisis response related to Covid-19, Sidbi said in a release.The loan programme targeted at micro enterprises (having turnover…

https://youtu.be/AvzqYjAs-x4 Accenture and Microsoft will support startups focusing on social impact, sustainability. These firms will help 10 startups to scale their emerging solutions and business models.Project AmplifyAsia Pacific-wide Project Amplify accelerates the growth of 33 startups across the region. The initiative has a long-term goal of accelerating Asia’s potential and improving millions of lives in the region and globally. Microsoft said it is committed to addressing some of India’s most pressing challenges. Many of the social enterprises in Project Amplify are focused on solving these issues.

https://youtu.be/81bx5ul54Io Mahindra Chairperson Anand Mahindra has noticed a new startup. “Embarrassed I didn’t know about this inspiring startup,” he tweeted.Anand Mahindra’s offerHe said that these kinds of startups need cheering, not just the obvious unicorns. He also said to count him in when the startup ‘Thaely’ raises funds.Innovative technology’Thaely’ is developed by Ashay Bhave. It produces ethically developed sneakers that use components recycled from waste materials. The materials are recycled plastic bottles, upcycled plastic bags, vegan glue etc.

https://youtu.be/fcrgU3s-r-w McDonald’s India has curated a special meal with South Indian actress Rashmika Mandanna. The meal includes the actor’s favourite dishes from the fast-food chain. Comes in exclusive packaging, it will start selling this week.Available in South Indian outletsThe ‘Rashmika Meal’ will be available for a limited time in the South Indian outlets. This is the first of the ‘Famous Orders’ meal collaboration for IndiaSuccessful campaignMcDonald’s ‘Famous Orders’ platform has seen global success. American singer Mariah Carey and Korean band BTS  have meals under the segment.