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< Back Reliance eyeing Walt Disney India operations for OTT and TV business 7 Nov 2023 Disney has been looking for partners for some time, and Adani, Kalanithi Maran, and Sony Pictures have shown interest. Since July, Disney India has been looking to sell or partner up for its digital and TV business. And Reliance happens to be a contender. This deal could boost Viacom18-Star’s market share to 35% in OTT and 40% in TV, leaving behind Sony-Zee’s 15% OTT market share. It may end up with a top line of around ₹25,000 crores and 115 channels and two streaming platforms (JioCinema and Disney+Hotstar). Previously, Viacom18 had won the rights to IPL 2023-27, and BCCI India matches that were once Disney+Hotstar property. Adding to its woes, Disney’s deal with HBO for megahits like Game of Thrones and Succession ended, causing a 16% decline in its subscriber base. However, Disney’s decision to sell is primarily based on the US$ 44.5 billion debt faced by its US operations and falling global stock. CEO Bob Iger plans to cut costs up to US$ 5.5 billion. Previous Next

L’affaire porte sur un montant de 8,5 millions de dollars, ce qui permettra à Tapestry d’acheter Capri. < Back Un juge fédéral américain bloque l’accord entre Tapestry et Capri L’affaire porte sur un montant de 8,5 millions de dollars, ce qui permettra à Tapestry d’acheter Capri. Jeudi, un juge fédéral américain empêché l’accord de 8,5 millions de dollars entre les groupes de mode de luxe Tapestry et Capri en raison de la perte potentielle de concurrence. Tapestry possède des marques de mode de luxe telles que Michael Kors, Coach, Versace, et Kate Spade. L’opération visait à créer une nouvelle marque mondiale haut de gamme pour concurrencer les marques européennes. Le tribunal fédéral de New York y a mis un terme après que la Commission fédérale du commerce (FTC) des États-Unis a intenté une action en justice pour l'empêcher cette année. La FTC est une agence indépendante dont le responsable a été nommé par Joe Biden. Le tribunal a estimé que les deux parties étaient en concurrence directe et que la fusion causerait la perte d’une concurrence juste. L’accord aurait privé des millions d’Américains des avantages de la concurrence entre les deux marques. Previous Next

< Back Govt to set up 25,000 Graphics Processing Units clusters worth ₹10k crores Ishita Nigam 4 Oct 2023 The move will assist AI-driven startups who need GPUs to process multiple computations simultaneously. To assist AI-driven Indian startups, the government plans to set up 25,000 Graphics Processing Units (GPU) cluster costing between ₹8,000-10,000 crores. GPUs help in complex computations for AI processing and are hard to find and expensive for these startups. The move will help these companies scale operations and secure better funding. Several AI-driven startups often petitioned the government to increase compute capacity, which refers to the software and hardware available to support AI workloads and applications. The new cluster will manifest as a Public-Private Partnership and the capacity offered to startups as a service. The proposal for the 25,000 GPU cluster will be finalised by year end. Global supercomputers run on 30,000 GPUs, while India’s supercomputer, Airawat, installed in the Centre for Development of Advanced Computing, Pune, has 640 GPUs. The latest partnership between American giant Nvidia, Reliance Jio, and Tata Sons is expected to boost compute capacity in India. Previous Next

< Back DMart adds highest ever number of stores in Q4 FY2024 8 Apr 2024 By 2025, DMart’s target market size is expected to rise to $2.3 trillion and its market share to 5% from the existing 1%. By March-end, DMart announced a new line-up of stores across the country, an increase of 13% annually. Its revenue spiked 20% year-on-year to ₹12,393 crores, with a 7% increase in revenue per store and a 5% jump in revenue per square foot. DMart offers low prices brought in by lower operating costs and quick inventory turnover. First, it buys in bulk from its suppliers at heavy discounts. It offers a quick payback cycle of approximately 7-9 days, compared to the average 30 days in the retail industry. Moreover, opening a group of stores in the same region reduces transportation costs and attracts better deals. Second, DMart doesn’t rent; it buys its properties, thus removing rental expenditures. It doesn’t spend much on marketing; instead, it uses word of mouth. Its focus on affordable pricing further strengthens its position in the FMCG domain. Source: Market Brew by Tata Fintech Previous Next

< Back Twitter CEO Dorsey launches messaging app Bitchat 10 Jul 2025 It is a decentralised, peer-to-peer communication app that operates exclusively on Bluetooth mesh networks, without the need for the internet. Twitter Founder Jack Dorsey’s latest product, Bitchat, is in the beta testing phase currently, with a live version available on TestFlight. The app does not need central servers, mobile numbers, email IDs or personal account creation to function. It facilitates encrypted messaging between nearby devices that form local Bluetooth clusters when users move around physically. These clusters direct the flow of messages between devices, enabling communication with users beyond a specific physical range, without relying on Wi-Fi or cellular service. ‘Bridge’ devices can connect overlapping clusters and expand the Bluetooth mesh over larger distances. Messages are relayed across devices, thus crossing a normal Bluetooth range. Messages are stored on devices and are deleted by default, without being sent to a central server, thus ensuring privacy. Users can create password-protected group chats, called Rooms, named using hashtags. Dorsey plans to add WiFi Direct for faster messaging in a future update. Never miss another post from SalestorrsNews150. Follow Salestorrs on WhatsApp , LinkedIn , Facebook , X , and Instagram . Previous Next

Elle a intégré plusieurs modelés d’IA dans Siri et d’autres services Apple. < Back Gemini, ChatGPT alimenteront l’Apple Intelligence Elle a intégré plusieurs modelés d’IA dans Siri et d’autres services Apple. Pour offrir à ses utilisateurs des fonctionnalités plus avancées et des options personnalisées, la version bêta d’iOS 18.4 pourrait inclure plusieurs modèles d’IA de tiers, comme Gemini de Google et ChatGPT. Cela permettra à Apple de proposer à ses utilisateurs une variété de modelés d’IA différentes tâches. Apple a déjà mis en place un Siri avancé avec l’intégration de ChatGPT, ce qui le rend plus rapide et plus intelligent dans la gestion des tâches complexes. Apple a également lancé récemment la fonction « Circle to Search » de Google sur l’iPhone 16 sous le nom de « Screen Search with Google Lens ». Pour l’utiliser, les utilisateurs doivent installer les applications Google Lens et Chrome sur leur iPhone. Elle leur permet d’encercler un objet sans prendre de capture d’écran. Apple a utilisé les unités de traitement tensoriel (TPU) de Google, basées sur le cloud, pour former son modèle d’IA fondamental. Ne manquez pas un autre article de SalestorrsNouvelles150. Suivez Salestorrs sur WhatsApp , LinkedIn , Facebook , X , et Instagram . Previous Next

< Back Luxury home sales spike by 37.8% in 2024 in metros 18 Nov 2024 Delhi-NCR and Mumbai emerged as the top markets where luxury home deals are getting closed in 15 days flat. Driven by Millennials and Gen Z, luxury home sales in metro cities experienced a significant rise between January and September 2024. Delhi-NCR, Mumbai, and Hyderabad emerged as the winners, with 90% of the total luxury residential property sales in the top seven metro cities. As per a CBRE report, the total number of luxury homes sold between January and September 2024 was around 12,625, against 9,160 units sold in the same period last year. Delhi-NCR topped the charts with sales of around 5,855 units, an increase of 72% year-on-year, followed by Mumbai with 3,280 unit sales and 18% growth. 33% of buyers purchase ultra-luxury homes, and 54% of home deals are closed by millennials. The trend is also driven by a 12% rise in the number of affluent Indians (earning over $10,000 annually, approximately ₹8.4 lakhs) from 2019-2023. There are expected to be 100 million affluent Indians by 2027. Previous Next

< Back Bajaj Group to set up hospitals in metros across India 5 Aug 2024 The healthcare business arm will be launched through a new entity under the Bajaj Group and has set up an office in Lower Parel, Mumbai. After exploring various sectors for over two years, the Bajaj Group finalised the Healthcare sector. It hired one of the top three global consulting firms to shortlist a sector they could get into. The Bajaj family council chose this domain because of the high demand for hospital chains in metro cities and the increasing corporate culture in the healthcare sector. Nirav Bajaj, the MD of the Group’s steel venture, Mukand, is supervising the strategic decisions and will likely head the new healthcare entity. This new entity will mark the first significant diversification since the group lost its patriarch, Rahul Bajaj, in February 2022. The 98-year-old group is into automobiles, iron and steel, lighting, home appliances, insurance, travel and finance sectors. In December 2023, Bajaj Group became India’s fifth largest conglomerate to cross the ₹10 lakh crore mark. Today, it has a market capitalisation of ₹10.75 lakh crore. Previous Next

Blog articles on corporate sales from sales experts for salestorrs. Sales Prospecting 101 with Aalok Bhan: Cold Calling is a Good Teacher Jun 15, 2022 3 min read Sales Prospecting 101 with Aalok Bhan Jun 1, 2022 7 min read

< Back Govt may break four-tiered GST slab into two by Diwali 21 Aug 2025 The 5%, 12%, 18%, and 28% rate system would be replaced by 5% and 18% rates. The GST Council will meet in September to finalise the launch of new rates. Besides making certain items cheaper, it will correct the inverted duty structure, which means the GST paid on raw materials and services is higher than the one on the final product. For instance, yarn is taxed at 5% and finished garments carry a 5% GST rate, which requires the manufacturer to pay more tax on raw materials than on sales of finished products. The new regime will reduce the refund delays and facilitate manufacturing. It will simplify product categorisation, facilitate pre-filled returns and quicker registration for MSMEs. Products with 5% GST Personal care items, like toothpaste, soaps, and hair oil. Food and groceries Electronics Apparel and footwear Health Education Transport and Energy products, such as public transport vehicles, solar water heaters, and agricultural machinery. Products with 18% GST Items used in construction Appliances Automotive Beverages Check out my DEBUT BOOK, The Black Flames , on Amazon Kindle. Previous Next

< Back Aditya Birla Sun Life Mutual Fund to launch ₹250 mutual fund 3 Sept 2024 The minimum limit till now has been ₹500 for Systematic Investment Plan (SIP). Speaking at a CII event, Securities and Exchange Board of India (SEBI) Chairperson Madhabi Puri Buch mentioned that Aditya Birla Sun Life Mutual Fund will soon introduce ₹250 mutual funds in India. This will make Aditya Birla Sun Life the pioneer of low-value mutual fund SIPs in the country. The minimum amount for SIPs has been reduced from ₹500 to ₹250. This reduction will make financial inclusion more accessible to a wider population and allow more Indians to partake in wealth creation towards a ‘Viksit Bharat’. The Association of Mutual Funds in India (AMFI), market regulators, and industry players spearheaded the initiative. It aims to reduce onboarding and servicing costs by deploying advanced technology. In India, investments in SIPs have been increasing every month since July 2023. In July, they secured the highest gross value ever, at ₹23,322 crore, with 9.34 crore SIP accounts active in the country. Previous Next

< Back After record profits, airlines facing downwind due to rising costs 13 Nov 2023 Rising fuel costs, forex volatility, and stagnant demand are pulling the airlines back to the red compared to last year. IndiGo had posted record profit figures of ₹2,300 crore in the second half of FY2023. Last year, several Indian carriers were enjoying the momentum carried forward from the second half of FY2023. IndiGo moved from a loss of ₹2,600 crore to a record profit of ₹2,300 crore in the second half of FY2023. In the first quarter of FY 2024, IndiGo moved past last year’s figures to post ₹3,000 crore profit. It cited better external factors and initiatives for operational improvements as key reasons. However, Indian carriers are now facing a downwind due to skyrocketing fuel costs, lower yields, still demand, and forex volatility. In the second quarter of the current financial year, IndiGo posted a profit of ₹188 crore compared to the ₹3,000 crore profit in Q1. Besides, other factors contributing to the airline woes are charges like the aircraft landing fee, parking fee, and Airport Development Fee (ADF) per passenger, which have soared very high in metro cities. Previous Next