Thursday, April 21, 2022

This Indian company can buy Tiktok's business

This Indian company can buy Tiktok's business
India is considered the world's second largest market for app makers. If your app is successful in any way in India, you can benefit greatly. Bitdance, the parent company of TikTok, is adopting new prescriptions to save its market and advantage in India. Bitdance plans to sell its business in India.

Mukesh Ambani's initial conversation with Reliance

According to a report by news agency Reuter, Bitdance can sell its tiktok business in India to Mukesh Ambani, chairman of Reliance Industries. However, the two companies have not responded to this matter.

The Indian government banned China's 59 apps for the Galvan Valley border dispute in Ladakh in June, including popular apps such as Tiktok, UC Browser, UC News. Following which another 47 apps were banned in July. Thus India has banned 106 app of China. TikTok's business in India is estimated to be 3 billion rupees.
America has also banned

After India, the United States has also banned the Chinese app Tiktok. However, the US has given Bitdance until September 15 to sell its American business to an American company. If a company does not buy it by then Tiktok will be completely shut down in the US.

Microsoft expressed interest

Microsoft CEO Satya Nadella has expressed interest in buying Tiktok. The information of which has been given to President Donald Trump. But the final deal between Microsoft and Bitdance is not yet done. Bitdance has a business of 30 billion in the United States.

Talking about Bitdance's 2019 business in India, the company did a business of Rs 43.75 crore in 2019 in India, out of which it made a profit of Rs 3.4 crore. According to the report, Tiktok has been downloaded over 200 million times worldwide and has 800 million users worldwide, according to data released on April 29 by Sensor Tower, which monitors the app's business.

Wednesday, April 20, 2022

2 Changes in WhatsApp, ease of sending photos and videos, cut down the rights of admin

 


2 Changes in WhatsApp, easy of sending photos and videos, cut down the rights of admin

Two major changes for iOS users have been announced by WhatsApp. After the latest update of WhatsApp, users will be able to see large images and videos in preview mode.

WhatsApp has improved the Disappearing Message feature with its new update. All these new updates will be seen in the latest 2.21.71 iOS version of WhatsApp. All these updates are available on Apple App Store.

If you are not seeing new updates on WhatsApp, then you may have to wait a bit.

What will change

Till now, users used to share photos or videos on WhatsApp, so you used to see the preview photos and videos quite small.

But after the new update, the small square of WhatsApp photos and videos will look quite big. According to the leaked report, the update of this feature will also be available in the Android version soon. However, the launching date has not been revealed.

There will be a cut in the authority of the administrator

Till now the administrator had all the rights to the group message of WhatsApp. But with the new update, the remaining message control feature will also be given to the other members of the group. However, which person to add to the group and which person to remove from the group.

All such rights will remain with the administrator. Also, the group admin can only change the admin by changing the setting. Let us know that the Disappearing Message feature was launched for groups in November last year. By turning on this feature, the message sent in the chat is automatically deleted after seven days.

WhatsApp released this feature for both personal chat and group chat. Dispair messages cannot be forwarded. But the message can be copied. Also, screenshots can be taken. You can turn this feature on or off manually.

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Monday, March 28, 2022

Investor's Trouble Will Be Overcome Soon, Sebi Has Given A Great Tool

The Securities and Exchange Board of India (Sebi) has provided a great tool for the quick disposal of investor complaints. 

The market regulator on Wednesday asked investors to register their grievances through the SCORES portal for effective disposal. SCORES stands for SEBI Grievance Redressal System.

SEBI has further asked the stock exchanges including commodity futures markets, depositories, and clearing corporations to display the option of registering complaints with them directly on the home page of their website and mobile app to increase awareness about the online grievance redressal mechanism.

You can also complain from mobile

According to the circular, they have also been directed to display the link to download the SCORES mobile app along with the SCORES website on the home page of their website and mobile app.

WHAT ARE SCORES

The regulator has also asked these institutions to appraise the status of implementation of the provisions of this circular through monthly reports. SCORES is a grievance redressal system. It was started in June 2011. 

The platform has been designed to help investors to register their grievances related to the securities market 'online' with SEBI against companies, intermediaries, and market entities.

How the system works

To document a protest on SCORES, the accompanying individual data should be compulsorily given by the financial backers/complainants-name, address, email address, PAN, and portable number. While enlisting the grievance, 

the financial backer is inquired, "Have you held up an objection with the concerned mediator/recorded organization to get your grumbling settled?". ". Accepting that the monetary benefactor picks the decision "No", the complaint is clearly shipped off the concerned component.


Saturday, March 12, 2022

Invest Money In SGB In Coming Next Week, You Will Get A Discount Of 50 Rupees / Gram

Suvarna Yojana is once again your chance to earn money. 

The Reserve Bank of India (RBI) has fixed the issue price for the new series of Government Gold Bond Scheme 2021-22 (SGB) at Rs 4,786 per gram. RBI has said that the Gold Bond Scheme 2021-22 Series-9 will open on Monday, January 10, and can be bought till January 14. The issue price of the bond is Rs 4,786 per gram.

50 per gram discount for digital payment investors

The Government of India, in consultation with RBI, has decided to offer a rebate of Rs 50 per gram to investors who apply online and make digital payments. This means that such investors will get the bond at the rate of Rs 4,736 per gram.

The cost of the 8th portion is Rs 4,791 per gram

In the 8th phase of the Government Gold Bond Scheme, the issue price was fixed at Rs 4,791 per gram. Under this plan, RBI issues gold bonds for the Government of India. The bonds will be sold by banks, Stock Holding Corporation of India (SHCIL), designated post offices, and NSE and BSE. The Gold Bond Scheme was first launched in November 2015 with an aim to reduce the physical demand for gold.

What is the objective of the Universal Gold Bond Project?

The objective of the scheme is to reduce the demand for gold on hand and convert a part of the family savings into financial savings for the purchase of gold. The bond price is determined in Indian Rupees based on the simple average of the closing price of 999 Pure Gold published by the India Bullion and Jewelers Association Limited.

Saturday, March 5, 2022

Reliance Retail steps into pharma sector, now buys large stake of this company for Rs 620 crore

Reliance Retail steps into pharma sector, now buys large stake of this company for Rs 620 crore

Mukesh Ambani's Reliance Retail, one of Asia's biggest rich, has now entered the pharma sector. Reliance Retail Ventures Limited has bought a majority stake in Digital Pharma Market Place Netmeds for Rs 620 crore. Reliance Industries Limited has given this information in a statement released late on Tuesday. The company statement said that through this investment, it has acquired close to 60 per cent of Vitalik and 100 per cent direct equity share capital in its subsidiaries Tresra Health Pvt Ltd, Netmeds Market Place Ltd and Dadha Pharma Distributions Pvt Ltd. Vitalik Health and all its subsidiaries are known as NetMeds.

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Isha Ambani, director of Reliance Retail Ventures Limited (RRVL), said, "This investment matches our commitment to ensure digital access to all in India." With the involvement of Netmeds, Reliance Retail will increase its ability to provide good quality and affordable healthcare products and services. Along with this, the scope of digital commerce of the company will also increase and it will include most items of daily essential consumption.
Vitalik and its subsidiaries have been operating since 2015. These companies are working in the field of drug distribution, sales and related services. Its subsidiaries run an online pharmacy platform (NetMeds), which connects customers with pharmacists and delivers medicines, nutritional and health-related products to the door.

Netmads has been valued at Rs 1,000 crore for this deal. With this acquisition, Reliance Retail Kovid, the retail unit of Reliance, has entered the e-commerce sector with a strong performance during the 19 pandemic period. The company is already established on the online grocery platform through Jio Mart. With this acquisition, India's largest company Reliance Industries Limited is directly in a position to compete with the e-commerce giant Amazon.
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This Indian company can buy Tiktok's business

This Indian company can buy Tiktok's business India is considered the world's second largest market for app makers. If your app i...