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TVS Motor is infiltrating more in Ultraviolette EV

By Alagasan_G - September 03, 2020

Ultraviolette EV has announced that they have received Rs.30 Cr as apart of Series B investment from TVS motors today. The picture was taken during the F77 Launch event The EV is the future of transportation as almost all the automobile companies are trying to enter or establish their own EV product line. Companies like TESLA, Rivian, AUDI, BMW and a few others had already made their impression in EV. But in India, the story is different because there are very few EV players on a small scale level. Companies like TATA and Hero moto corp are investing nickles and dimes many EV startups like Tork motors and Ather Energy. An Inside outlook to F77 Likewise, TVS motors have invested in Ultraviolette Automotive an EV startup based on Karnataka, India. They made an initial investment of Rs.11 Cr around 2017, Then extended their investment by preference share of Rs.5 Cr in last fiscal. But in today’s news Ultraviolette Automotive has said that they have risen another Rs.30 Cr as a part of the...

The World’s First Personal Social Network

By Alagasan_G - August 24, 2020

Social network what is the purpose of it unless it is personal, TUBBR is the world’s first personal social network. TUBBR: The world's first porsonal social newtwork What is TUBBR? Ravi Singhal & Saurabh Uttam, are the Co-Founders of TUBBR. A product with vision, TUBBR, is the ultimate platform for content creators as it is designed in a way to be used personally, as an influencer or to engage within communities via TUBBR walls. These walls can be either public or private, Also each wall has its own chat box. How is it TUBBR world’s first social media network? This is the only social media app which lets user to -Co-create Multiple Timelines -Share powerful stories -Browse relevant content -Private walls(Visible only to selected people) -Public wall to follow the world -Ad free network The app has three main pages Featured- Where public wall photos will be visible, Network- is the page where you can find the private wall photos and videos last but not least the Discover ...

Wikipedia ‘AKA’ The Free Encyclopedia: Is asking help from it's India readers!!

By Alagasan_G - July 31, 2020

On Wednesday, Wikipedia a trillion-dollar company is asking for a pitch sneaking Rs.150 of donation to its India readers “We(Wikipedia) humbly ask you to defend Wikipedia's independence. 98% of our readers don't give; they simply look the other way. If you are an exceptional reader who has already donated, we sincerely thank you.” statement mentioned on the web site. A screenshot showing Wikipedia donation alert The company has asked for donations previously also, but this is the first time they are asking their Indian readers. The minimum donation will be Rs.108(you can pay additional Rs.25 if you want your full contribution to reach WMF-Wikimedia Foundation) and you can pay as maximum as you want to pay. The website also says they have been receiving “an average donation of Rs.1000” But why Wikipedia is Asking for donation? Wikipedia is the seventh-largest website in the world. It is a free portal for information provider and seeker which is operated by a community of volunte...

Domino's is doing revolution in the corrugated box industry: Recycling their pizza boxes

By Alagasan_G - July 25, 2020

Domino’s is trying to break the myth which is been for long ‘that pizza boxes can’t be recycled’ Dominos: Stop throwing away your pizza boxes , On Monday 21st July 2020, Domino’s along with its primary box supplier WestRock has launched a new website called Recycling.Dominos.com . The website contains facts and information about recycling programs across the country. A recent research study conducted by WestRock, largest box manufacturers in the U.S., estimated that 73% of the population in the U.S has access to recycling programs for empty pizza boxes. Domino's started partnering with many of the key players in the paper recycling industry to help increase the recycling of pizza boxes. The new website says that ‘Domino’s pizza boxes were made out of high-quality corrugated paper, which is able to be recycled at least seven times before going to trash. Cheddar a live streaming financial news network in the United States; saying the news about domino's new plan of recycling th...

Upcoming update on Chrome, Google Omnibox will try help keep you safe from phishing:

By Alagasan_G - July 09, 2020

Google resumes its safety attack on the Omnibook, will show only domine name of the website. Google has been trying to hide full URLs in Chrome's address bar AKA ‘Omnibox’ for the past few years , google chrome has changed a lot over the years there are no more home buttons, We browse with tabs instead of opening a new window every time and websites with only Gif’s is no more the pinnacle of cool, But one thing stuck around over all the updates made by Google is the ‘Omnibox(address bar)’ which shows us where we exactly are in the ‘ocean of www’. Google is planning to change the fundamental of address bar which would only show us the “domine name” of the website. That is instead of showing the full extension ‘ https://www.youtube.com/?gl=IN&taab=r21 ’ like this, the address bar will only show you ‘ https://www.youtube.com/ ’ the domine name irrespective of the webpage you are on a website. But still, you can always see the full link when you move your cursor to the address bar...

Singapore based Tata Power owned subsidiary completes the sale of 3 ships for $212 Million on Tuesday:

By Alagasan_G - July 07, 2020

On Tuesday, 7th July 2020 a Tata power wholly-owned subsidiary Trust Energy Resources Pte Ltd has completed the sale of 3 ships to a german company. ‘Singapore-based Trust Energy Resources Pte Ltd (TERPL), a wholly-owned subsidiary of Tata Power has announced the completion of a sale of its three ships MV Trust Agility, MV Trust Integrity and MV Trust Amity to Oldendorff Carriers GmbH & Co. KG, Germany for a consideration of USD 212.76 million,’ Tata Power said in a regulatory filing. This deal was made in the month of June to reduce the debt burden of the firm in the long run. The recent tweet made by tata power official twitter page confirms the news. Tata Power completes Sale transaction of ships for USD 212.76 million. Read More Here: https://t.co/j5KhK6DSea — TataPower (@TataPower) July 7, 2020 The Image of 3 ships sold is shown below: This sale will help the company to reduce the debt burden of the firm and help them to raise more fund for future expansion and diversificatio...

Sony will focus and increase it’s overall value, as the company has decided to change the name after 62 years:

By Alagasan_G - July 03, 2020

Sony corporation will make some series of changes to its organization structure, Financial services and the biggest of all name change. Effective from April 1, 2021, all these changes will be made as the company said in a press release on May 19, 2020. These changes are made with the objective to increasing the overall value of the Sony corporation from a long-term perspective, the key missions of Sony Corporation will be: 1-business portfolio management & strategic capital allocation, 2-value creation through Group synergies and business incubation, and 3-investment in the talent and technology that form the foundations of innovation. From the next fiscal ‘sony corporation’ will be renamed as ‘sony group corporation’, sony electronics corporation which deals with the sony origin business(electronic products) will succeed to the name ‘sony corporation’ and few other changes to its financial Services and executive structure reform. Sony has faced some issues with the competitor in...

Phone without a charger, Apple’s next iPhone 12 comes without a charger in pack:

By Alagasan_G - June 30, 2020

Apple iPhone12 rendered image There are lots of gossips about the iPhone12 for the past few days as the all-new iPhone-12 is getting released soon(date is yet to be announced), one of the recent news leaks says that the phone might not include a charger with the box still, you get the fast charging USB ‘Type-c’ Cable with the pack said company analyst Ming-Chi Kuo, this is because the phone comes with the updated technology of 5g which might increase the selling price of the product. Since Apple wants to make the next iPhone12 to a similar cost of iPhone11, the company had made this decision to not include fast charging adapter as an accessory in-box. This is a big step made by apple but still, if you are an apple lover you can save some dollars while buying all-new iPhone12. What do you think of the decision made by apple is it good or bad? Share your thoughts below

Elon Musk tweets ‘Jeff Bezos is a copy cat’: As amazon announces it has acquired self-driving-car startup Zoox

By Alagasan_G - June 27, 2020

Amazon has acquired Zoox a self-driving-car startup on Friday, 26th June 2020. As the news is officially posted in @financial times twitter page Elon Musk, CEO of Tesla & SpaceX tweeted that Jeff Bezos is a copy cat, he used a cat emoji instead of the word cat in the tweet. . @JeffBezos is a copy 🐈 haha https://t.co/plR7uupqBG — Elon Musk (@elonmusk) June 26, 2020 Zoox has been recently valued up to $3.2billon. As like all other automobile company it has also been affected by COVID-19 situation and fired up to 120 employees thus Amazon has agreed to pay $1.2billion for the acquisition. Zoox is a startup company which nearly uses the same technology as Tesla’s, Zoox also settled 2law suits with Tesla in April and march last year. Earlier this month Musk tweeted that he is gonna break up with the E-commerce giant and said ‘Monopolies are wrong!’ This is the second time in a month Musk tweeting about Jeff Bezos and his company.

After 14 years of journey, BCCI Might drop Nike as teams kit sponsor:

By Alagasan_G - June 26, 2020

This photo was taken during recent Paytm ODI series Nike is the current kit sponsor of the Indian cricket team, as Nike’s 4year contract is coming to end by September 2020 BCCI is trying to find fresh tenders. Nike has been the Kit sponsor of our Indian cricket team since 2006. “Nike’s current deal as a kit partner of the BCCI is ending in September. It had been a four-year deal worth Rs 370 crore, including Rs 85 lakh per match fee and a royalty of over Rs 30 crore to the board,” said a top source within the BCCI. Nikes business is been drastically affected by this lockdown situation everywhere on the planet and it’s seeking an extension for lost time as a reduction. Team India has called off 12 international matches during this lockdown like South Africa tour, Srilanka tour and Zimbabwe tour. Since no one knows when the situation will be back to normal and business of Nike be back to the way it was then, they approached the board, but the board didn’t agree with the Nike demand and s...

‘Fair & Lovely’ is no more the same, HUL to drop ‘Fair’ form 'Fair & Lovely' in bid to be inclusive:

By Alagasan_G - June 25, 2020

Today 25th June 2020, The famous FMCG brand HUL announced that it is gonna be more inclusive with its well-renowned cosmetic product ‘ Fair & Lovely ’ as its dropping the word ‘Fair’ to be inclusive for all skin tones. The brand is going to rebrand the product by removing ‘Fair’, amid continuing anti-racism protest and activism, triggered by the police killing of an African-American George Floyd. The product is First introduced in India decades ago, Fair & Lovely became a bestselling product by racking up sales of about Rs 4,000 crore in 2019, as it tapped into the perspective that equated fairness with beauty. This is the recent tweet from the parent company Unilever in which they said “We’re committed to a skincare portfolio that's inclusive of all skin tones, celebrating the diversity of beauty. That’s why we’re removing the words ‘fairness’, ‘whitening’ & ‘lightening’ from products, and changing the Fair & Lovely brand name”. A lot of interesting things is happe...

Finally Glenmark! This might be the cure we all are waiting for 10months.

By Alagasan_G - June 20, 2020

FabiFlu will be the first Favipiravir-approved by DCGI for the treatment of Covid-19, the company said in a statement. On Friday 19th June 2020, Glenmark a Mumbai based Pharma company received approval from Drugs Controller General of India(DCGI), for manufacturing of antiviral drug for the treatment of patients with mild to moderate COVID-19. The brand today has launched the product Favipiravir under its brand name FabiFlu. “This approval comes at a time when cases in India are spiralling like never before, putting tremendous pressure on our healthcare system,” said Glenn Saldanha, Glenmark Pharmaceuticals Chairman and MD. “Glenmark will work closely with the government and medical community to make FabiFlu quickly accessible to patients across the country,” Saldanha said. The drug will be available only as a prescription-based medication for Rs.103/tablet, with recommended dose being 1,800 mg 2/day one, followed by 800mg 2/daily up to day14. ( Bloomberg )

Coca-cola’s is really pushing it hard for Amul and Mother diary, as it introduces new spiced buttermilk under its VIO brand:

By Alagasan_G - June 17, 2020

Coca-cola on Tuesday 6th June 2020, Launched a new Indian regional beverage drink under its VIO brand As coca-cola enters into the buttermilk category expected to raise competition for Amul and Mother Dairy. “VIO Spiced Buttermilk further expands Coca-Cola’s existing portfolio of beverages, providing more choices to the consumers. The introduction of VIO Spiced Buttermilk is a part of the company’s hyper-local strategy that focuses on developing localized products in India to suit consumer preferences specific to a region,” the company said in a statement. ‘Beat the heat’ is the tag line for the product. We think this is a good time to expend the beverage portfolio of coca-cola as the lockdown is expected to continue till July end, the demand for essential, beverages and FMCG products will be in peak. India is one of the biggest dairy producing and consuming country in the world the market players in the regional beverage are very few like Amul and Mother dairy, now VIO spiced but...

FINANCIAL CRISIS & ACCOUNT AGGREGATOR

By Alagasan_G - March 26, 2020

LET’S KNOW WHAT IS A FINANCIAL CRISIS? A financial crisis is any of a broad variety of situations in which some financial assets suddenly lose a large part of their nominal value. It includes a stock market crash, financial bubbles currency crisis and sovereign defaults. FINANCIAL CRISIS: SUB-PRIME CRISIS HOW DID IT HAPPEN? Almost everyone knows when the last global financial crisis took place and who is the reason for it. But what most don’t know is how did that happen well let’s see what happened how did the crisis take place…..! Usually, while getting a home loan we go to a bank apply for a loan, after processing some legal steps and verification we get the loan amount and the bank keeps our document until the final payment. This type of loan is called prime mortgages, since there was more demand for houses in the US market the real estate market has gone up everyone was interested to buy a house, but not everyone can apply for a bank loan right to apply for a bank ...

DIGITAL TRANSFORMATION

By Alagasan_G - January 19, 2020

WHAT IS DIGITAL TRANSFORMATION? Most of the people say that digital transformation is the use of digital technology in a business environment to increase the speed of business, accuracy of business and solve a problem that happens in the business world. Do you think what they say is correct if yes, give yourself a high-five because it is right, but well that alone is not digital transformation? HERE IS THE SMALL VIDEO LINK ABOUT WHAT IS DIGITAL TRANSFORMATION: https://www.youtube.com/watch?v=8Rb6fSaHmjU WHEN & HOW IT STARTED? It all started when machines came into action in every industry and when industrialists started to believe that automation is the key to the future. The base of digitization and automation is laid by the famous scientist CHARLES BABBAGE a mathematician, a mecha...