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T-Cell added a internet whole of greater than 2 million prospects within the third quarter, giving it greater than 100 million prospects for the primary time.
The Bellevue, Wash.-based wi-fi firm posted of revenue of $19.3 billion and revenue of $1.3 billion, or $1 per share, topping Wall Avenue’s expectations by each measures. Analysts surveyed in advance of T-Mobile’s earnings release anticipated the corporate to submit earnings of 43 cents/share on income of $18.34 billion.
The outcomes signify “the strongest financials in our history,” mentioned Mike Sievert, the T-Cell CEO, on an earnings name with analysts and buyers. The corporate raised its monetary steerage for the second half of the 12 months by quite a lot of measures, together with free money circulation between $700 million and $900 million, up from steerage of $300 million to $500 million beforehand.
Sievert mentioned the expansion came about regardless of COVID-19 making a “slower switching environment” for purchasers who may in any other case look to leap ship from different wi-fi corporations.
T-Cell’s continued development follows the corporate’s $26.5 billion merger with Dash, which was accomplished in April after a lengthy legal battle and extended regulatory review. The corporate is trying to the continuing rollout of its 5G wi-fi community and the launch of the iPhone 12 to gasoline additional development in its enterprise.
Following the completion of the Dash merger, the newly mixed T-Cell claimed the position of the number two wireless company in the country, with 98.3 million prospects on the time, forward of AT&T and behind Verizon.
AT&T reported a total of more than 94 million postpaid and prepaid wireless subscribers as of the top of the third quarter, which T-Cell has described as a comparable quantity, however it is a subject of debate between the companies, and it’s difficult to make an apples-to-apples comparability primarily based on the numbers they launch.
The corporate launched its revamped TVision service on Nov. 1, following the conclusion of the third quarter, so outcomes from the brand new providing aren’t included on this earnings report. Sievert instructed GeekWire final week that he doesn’t expect the new service to be a major source of profits for the company.


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|A glove production line for exports to South Korea and Singapore at ACE Glove Trading Company in Ninh Binh Province. Bilateral trade between Viet Nam and Singapore topped $14 billion for the first time in 2013. — VNA/VNS Photo Trong Dat
SINGAPORE (VNS) — Potential investors should consider Viet Nam as an investment destination, particularly in manufacturing operations, said Ahmad Md Magad, Group Managing Director of II-VI Singapore Pte Ltd.
In an interview with the Vietnam News Agency's Singapore-based reporter on the sidelines of the "Doing Business in Viet Nam" seminar, held by the Singapore Manufacturing Federation and sponsored by Sembcorp, Ahmad said the legal framework of doing business in Viet Nam has improved over the years.
The law has become more and more flexible and seems to be quite friendly. Combined with a vast market and the ASEAN economic framework, which will come into effect in 2015, it will provide very good opportunities to potential investors, he said.
Addressing the seminar, Daniel Pok, Investment Promotion Manager of Sembcorp Parks Management Pte Ltd, affirmed that Viet Nam is the next investment destination.
Sembcorp is one of Singapore biggest investors in Viet Nam with five Viet Nam-Singapore Industrial Parks (VSIP) located in the Bac Ninh, Hai Phong, Quang Ngai and Binh Duong provinces. It has about 500 tenants, including 56 Singaporeans, and employs more than 100,000 Vietnamese workers.
Low Beng Tin, Vice President and Chairman of ASEAN Regional Business Group of Singapore Manufacturing Federation (SMF), said that "the long-term outlook is good" for doing business in Viet Nam and "we have joint ventures with Vietnamese companies and they are good now."
He affirmed that the SMF will provide businesses with information to enter Viet Nam easily, and will organise a seminar for the said purpose.
According to Low Beng Tin, the seminar will help SMF members understand about doing business in Viet Nam, the Singapore Government's scheme to help local businessmen invest in other countries, taxation and the business law of Viet Nam.
Vietnamese Ambassador to Singapore Tran Hai Hau said that about 80 businessmen are taking part in the event and that in the medium – to long-term, Viet Nam has great potential for economic growth.
"We will do our utmost to ensure a competitive and transparent business environment, to create more favourable conditions for Singaporean enterprises," he stated.
In 2013, Singapore continued to be the third largest trading partner of Viet Nam in ASEAN, and invested US$4.2 billion. With the total registered FDI from Singapore to Viet Nam reaching $29.3 billion, Singapore is Viet Nam 's second largest investor.
The bilateral trade between Viet Nam and Singapore for the first time exceeded the threshold of $14 billion in 2013, up 11 per cent over the previous year, said Nguyen Viet Chi, Viet Nam's Commercial Counsellor in Singapore.
She expressed the hope that the figure will increase between 10 and 15 per cent this year. — VNS

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AT&T Inc. is seeking buyers for Rooster Teeth Productions LLC, a piece of its WarnerMedia division, as part of an ongoing winnowing of noncore assets by the phone giant, according to people familiar with the matter.
The pandemic has complicated efforts to sell the business, said the people, who asked not to be identified because the matter is private. Rooster Teeth canceled its annual RTX convention last year in Austin, Texas. And in June, co-founder Burnie Burns, who served as chief executive officer, left the company. It wasn’t clear how much money AT&T is seeking for the business.


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Health Supplements-Growing Demand And Credibility
More and more consumers are using health supplements like Patriot Power Greens as an alternative or supplement to traditional medicine. Today’s consumers fully understand and understand the benefits of the ingredients in supplements for health and well-being. Although they are worried about nutritional products, they appreciate products that provide credibility in the manufacturing industry and prefer formula products under medical supervision.
As more and more consumers prioritize their health, health supplements quickly become a popular choice. This approach is reflected in the growth of the US food supplement market. . Currently estimated at $24-50 billion. Despite concerns about the health of health supplement manufacturers, rising raw material costs and new regulations, the healthcare industry is expected to grow by 4% to 6%. next year. In 2010, the growth of the global nutraceutical industry is expected to reach $187 billion.
According to the 2007 National Institute of Health and Wellness Trends, the main categories of health supplements are weight loss, cardiovascular support, digestion, arthritis or joint pain, seasonal relief and eye health. Diabetes “Customers believe in this industry.” A recent study found that 34% of consumers who want to lose weight first turned to dietary supplements (Patriot Power Greens) in the fight against obesity,” said Douglas S. Kalman, director of clinical research at Miami Nutrition and Applied Research. And the Chairman of the Supplemental Nursing Practice Group (NCC-DPG).
According to the Ipsos-Public Affairs Council responsible for Nutrition (CRN), an annual survey conducted by Washington, DC “Food supplements have been relatively stable in consumer spending in 2007, 68% of US adults, reported food supplements “Considering these statistics from the Office of Dietary Supplements:
* 31.8% of US children use dietary supplements (age 18 and under).
* 47% of American men use dietary supplements.
* 57% of American women use dietary supplements.
The most commonly used dietary supplements are multivitamins and minerals (18.3%). A recent NCAAM study shows a list of reasons people use dietary supplements. The most common causes are general health, arthritis, memory enhancement, prevention of osteoporosis, family or media, for immune health, prevention of colds/flu and Sleeping pills. The most common health supplements are:
* 40% vitamin
* 29% herbal and plant products (ginkgo, echinacea, St. John’s wort, ginseng, garlic)
* 10% sports nutrition
* 8% minerals
* 8% special supplements (melatonin, fish oil, amino acids, etc.)(Www.snac.ucla.edu)
The main supplements used by consumers in 2007, in the order of frequency, are multivitamins, calcium, vitamin C, fish oil, vitamin E, antioxidants, vitamin B complexes / B and omega-3. Why do health supplements gain credibility?
There are over 20,000 products on the market. Many consumers believe that health supplements can help their bodies fight disease or improve their health. Why do health supplements gain credibility? One of the reasons is the advancement of science and technology. The most reliable health supplement manufacturers work with a team of professional researchers using rigorous manufacturing policies to develop products based on evidence-based scientific research.
Through clinical research and systematic reviews, scientists are evaluating the health benefits and safety risks of health products. This enhances consumer confidence. An example of this is the administration of omega-3 fatty acid supplements. Epidemiological and clinical studies clearly show that intake of omega-3 fatty acids is beneficial for patients with coronary heart disease. The American Heart Association confirms this: “Omega-3 fatty acids are good for the heart of high-risk healthy people or people with cardiovascular disease.” Consumer interest in health supplements is now being strengthened by doctors and health professionals.
CRN Health Professionals’ impact study shows that “more than three-quarters of US doctors (79%) and nurses (82%) recommend dietary supplements to patients.” As dietary supplements benefit from greater support from clinical trials, the number of health supplement recommendations that health professionals provide to patients will increase.
The recent completion of Good Manufacturing Practices (GMP) in the United States is another factor in determining future sales, rules and requirements for the manufacture of food supplements and new laws for reporting adverse events. “The compliance burden is the key to consumer confidence,” said Daniel, the vice president of scientific affairs at the Washington Natural Products Association (NPA). Health products are the future of preventive medicine. With the increasing prevalence of DNA diagnosis and the impact of nutrition on safety-related diseases, the health supplement industry is expected to meet the challenges of the healthcare industry in the future.
Patriot Power Greens is a health supplement company. Develop complementary products carefully formulated under the guidance of an elite team of leading doctors, nutritionists, chemists and researchers. Whether you need nutritional supplements, pet care products, personal care products or health products, Patriot Power Greens can meet all your needs.


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Apple Pay used in fraudulent transactions involving stolen credit card data
Apple Pay is only a few months old, but has already raised the public's awareness of mobile payment systems in general. Apple Pay accounted for 67% of all mobile payment transactions on the top three credit card networks in the U.S. That level of quick success has led Apple's rivals to concentrate more on their own 'tap to pay services'. For example, Samsung has just announced Samsung Pay for the U.S. and Korea.
The banks that issued the credit cards used in Apple Pay are ultimately responsible for making the ripped-off retailers whole. The stolen credit card data is being entered into Apple Pay in lieu of a physical card, allowing the fraudsters to use Apple's mobile payment service to make these purchases. If there is a bright side to this as far as Apple is concerned, Apple Pay itself was not hacked into.


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Dunkin’ Donuts pushes into southern, western markets
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Coffee and doughnut chain Dunkin’ Donuts is recruiting franchisees in Nevada, Kansas and Texas and is planning for restaurants to start opening in that area of the country in 2014, the company said on Tuesday.
Dunkin’s (Nasdaq: DNKN) expansion into the western and south central markets furthers its goal to double its national footprint of over 7,000 restaurants in the U.S., according to a news release.
Dunkin' is also cautiously testing the waters in California, where it has had to retreat from past expansion efforts.
“We’ve experienced incredible momentum over the past few months and are excited to offer additional franchise opportunities in Nevada, Kansas and Texas to continue to grow the brand,” said Grant Benson, vice president of franchising and development, Dunkin’ Brands Group, in a release.
The chain has already inked deals to open more than 100 Dunkin’ Donuts restaurants over the next several years in the Texas cities of Dallas, Fort Worth, San Antonio and Houston.
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Equity crowdfunding platform Fundwise said it will launch the first service to offer crowdfunding investors ID-card based secure authentication and digital signing in early 2016, using Estonia’s ID card system.
Despite the growing popularity of equity crowdfunding platforms at least until now, investing in startup equity has so far involved actual paperwork and physical signatures.
Fundwise, which was launched earlier this year, is the first equity crowdfunding service in the Baltic countries.
Estonia has been the frontrunner globally in opening its national ID card system to foreigners. The platform can be used for secure identification of users online. So far more than 6,000 people from abroad have received Estonian ID cards.
“The next big step for e-Residency programme is to add new services for e-residents,” said Kaspar Korjus, Estonia’s e-Residency programme director.
The offering has been popular among technology afficionados and it has been covered widely in major technology media, but so far e-residents of Estonia have struggled to find much use for their unique cards.
"e-Residency enables secure and convenient digital services that facilitate credibility and trust online and we are excited to work with such an innovative project ,” said Henri Laupmaa, Fundwise's CEO.
Digital signatures and authentication are legally equivalent to handwritten signatures and face-to-face identification in Estonia and between partners upon agreement anywhere around the world.
“The Estonian government issued digital identity card can solve a number of problems for Crowdfunding and Alternative Finance platforms, such as KYC-regulations, cross-border investments and e-voting for shareholders in Equity crowdfunding projects,” said Ronald Kleverlaan, co-founder of the European Crowdfunding Network and founder of the CrowdfundingHub.
Photo: Guy Kawasaki, former Apple evangelist, received e-Residency card last month from Kaspar Korjus. Courtesy: e-Residency programme


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Phocal Media FZ LLC have re-launched their arabianEye website featuring unique high-quality, authentic Middle Eastern stock images and footage.
MD Greg Aslangul said “Since we diversified in 2014, arabianEye has continued to be our most popular collection, which has now grown to nearly 90 thousand images and footage clips. Our market research indicates some frustration at the lack of exclusive arab content or new faces available at traditional stock libraries, so we want to help by focussing on regularly producing premium content for the Middle East.”
The arabianEye library also offers a vast editorial archive that covers the United Arab Emirates, Saudi Arabia, Lebanon, Kuwait, Bahrain, Oman and Qatar. Exclusive distribution deals with Alamy, Reuters and other Royalty Free providers gives clients access to creative content relevant for a global audience.


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EghtesadOnline: The Central Bank of Iran was until now considered the only entity in charge of devising regulations for fintech companies, but President Hassan Rouhani’s Cabinet on May 23 announced its own regulations with the apparent aim of giving a boost to these firms, which has caused some confusion.
As approved by the ministers, CBI is obligated to “devise and communicate the regulatory framework of micro bank payments, electronic wallets and payments based on a variety of technologies” within a maximum of one month from the time the Cabinet’s directive has been passed.
Banks and payment service providers have been obliged to “provide access to banking services for fintechs that have a license from their related guilds”.
The directive orders CBI to act in line with balancing the market strictly through policymaking and setting standards. In line with “promoting innovation in electronic payments”, CBI is mandated to create controlled innovative environments complete with banking infrastructures in innovative areas that are as yet unregulated, Financial Tribune reported.
Iran’s Minister of Information and Communication Technology Mohammad Javad Azari-Jahromi quickly hailed the directive as a recipe for fintech success.
“Through the government’s directive today, the CBI is obligated to end the monopoly of PSPs in three months and create a suitable and competitive environment for fintech businesses. As a result of this directive’s implementation, a considerable growth in financial technologies is expected in the country,” he said.
However, Milad Jahandar, the head of Iran’s Fintech Association, pointed out that the Cabinet directive has many ambiguities, the first of which being the fact that banks and PSPs have been obligated to facilitate access for fintechs that have already obtained a license from their guilds.
“In the payment sector, especially in case of fintechs, there are no specific guilds,” he told IBENA. “Eliminating monopoly in any area can be a good help for the development of businesses and the implementation method of this directive will have a huge impact on fintech companies, so in this vein we hope the situation does not end up creating more difficulties.”
He noted that in its regulatory frameworks concerning fintechs, CBI had not referred to any guild licenses, whereas the new government directive, which was communicated “without any consultation with or participation of fintechs”, suddenly upends everything.
Jahandar also criticized the fact that the government has effectively undermined CBI’s calculated process of releasing regulatory frameworks after consulting fintechs, and took issue with the fact that Iran is once again disregarding a successful international experience that allows fintechs to regulate themselves in a group fashion.
Nima Amirshekari, the head of Electronic Banking Department at the Monetary and Banking Research Institute, is of the belief that the government intervened because a number of problems in the payment sector–such as PSP’s monopoly, fees and revenues model–had caused headaches for other sectors.
“But it was much better if banks themselves and PSPs had started servicing fintechs much sooner rather than being forced to work with them as per a government directive,” he told IBENA.
Amirshekari voiced concern that this might lead to the creation of yet another monopoly and make things harder for fintechs.
Most probably, one payment company will be recognized as the entity responsible for supervising the operations of fintechs by issuing a permit, which will only tie up fintechs more and give too much power to that company.
“The truth is that requiring licenses from technologies that have yet to be fully understood is not a suitable approach,” he said, adding that since fintech operations have no pre-defined business models, requiring licenses from them will only waste time and create more roadblocks for them.
The Cabinet’s directive cast a shadow over CBI’s envisioned path for fintechs. The central regulatory entity has so far published three regulatory frameworks for the operations of fintechs, the latest of which concerned payment aggregators and was communicated in mid-February.
CBI’s fourth regulatory framework concerning fintechs, which offers electronic wallet and account information management services, is set to be unveiled in the coming months while two other documents to be published by the end of the current fiscal year in March 2019 will complete CBI’s overarching vision for fintechs and cryptocurrencies.


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Adidas on Tuesday ended its partnership with Ye, formerly known as Kanye West, after the musician made a series of offensive and antisemitic comments.
Adidas said in a statement: “Adidas does not tolerate antisemitism and any other sort of hate speech. Ye’s recent comments and actions have been unacceptable, hateful and dangerous, and they violate the company’s values of diversity and inclusion, mutual respect and fairness.”
“After a thorough review, the company has taken the decision to terminate the partnership with Ye immediately, end production of Yeezy branded products and stop all payments to Ye and his companies. Adidas will stop the Adidas Yeezy business with immediate effect.”
It said this would have a short-term negative impact of up to 250 million euros ($246 million) on net income in 2022 due to high seasonality in the fourth quarter.
The German sportswear giant had faced pressure from the public and its own employees to cut ties with Ye, who said on a podcast on Oct. 16: “I can say anti-Semitic things, and Adidas can’t drop me. Now what?”
Calls on Adidas had also come from at least three legal organizations, as well as anti-racism groups. A Change.org petition set up by the Campaign Against Antisemitism urging Adidas to sever ties with Ye had gathered 169,100 signatures by Tuesday morning.
Talent agency CAA confirmed it had dropped Ye as a client Monday, and he was let go by Balenciaga last week.
Twitter and Instagram blocked him over antisemitic remarks. Conservative social media platform Parler then announced Ye had agreed to buy it.
CNBC has contacted representatives for Ye and has yet to receive a reply.
Adidas fell 4% in morning trading in Frankfurt, Germany, after Bloomberg reported early in the day it was planning to end the partnership.
The company began a review of the partnership on Oct. 6 but had been widely criticized for its inaction since then.
In a LinkedIn post Monday, U.S.-based Adidas employee Sarah Camhi wrote, “It’s been 14 days since Kanye started spewing anti-Semitic rhetoric and adidas has remained quiet; both internally to employees as well as externally to our customers.”
The director for trade marketing added: “We need to do better as a brand. We need to do better for our employees and we need to do better for our communities. Until adidas takes a stand, I will not stand with Adidas.”
The German company began working with Ye in 2013, and in 2016 signed a deal to manufacture and distribute items from his Yeezy clothing line. Adidas has previously said the partnership has had a “tremendous impact” on its business and is one of the most successful collaborations in the history of its industry.
However, Ye has publicly criticized Adidas, along with some of his other corporate partners such as retailer Gap, in recent months.
He told CNBC that Adidas was “copying” his ideas, and also posted social media tirades against the company, specifically targeting Chief Executive Kasper Rorsted and board members.
The Yeezy brand makes nearly $2 billion a year for Adidas, 10% of its revenue, according to Morningstar analyst David Swartz.
“It has been an important product line for Adidas and has helped bring its North America business back to relevance. It has made Adidas relevant in the collectors’ market and probably allows it to reach a demo that it has missed,” Swartz previously told CNBC.
“Adidas struggles to compete with Nike for top sponsorships, so Yeezy was one big advantage,” he added.
In a note Tuesday ahead of the announcement, analysts at Credit Suisse laid out various risks to the company, including a recent profit warning that was greater than expected.
— CNBC’s Jessica Golden contributed to this report
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Moderna Products, a Belgian company that specializes in the creation, production and distribution of well-designed plastics for the pet industry, is establishing its first United States manufacturing operations with a new injection molding facility in Cherokee County, South Carolina. The $6.5 million investment is expected to create 35 new jobs over the next five years.
Moderna’s Cherokee County operations are to be located in an existing 116,000-square-foot building at 16 Commerce Drive in Gaffney, South Carolina. As home to the company’s first U.S. manufacturing operations, this facility, situated off of Interstate 85, will provide exceptional connectivity to national and international markets via South Carolina’s network of five interstate highways and the Inland Port in Greer, allowing Moderna to efficiently serve its growing North American customer base.
“We are very excited with this major step in Moderna’s growth. It is wonderful to be present as a domestic manufacturer in the biggest pet market in the world. Over the next months, we plan to turn this location into a genuine Moderna Products facility that will not only considerably shorten our supply chain but also significantly improve service to our customers. We are looking forward to becoming a very active member of the Cherokee County and South Carolina business communities,” Moderna Products CEO Bart Bonte said.
“When a company from overseas chooses South Carolina as its home, there’s no better testament to the strength of our workforce and our climate for business development. Moderna Products’ $6.5 million investment and the 35 new jobs it will create are wins for Cherokee County and the Upstate, and we’re thrilled to welcome them to the South Carolina family,” said Governor Nikki Haley.
“SC Ports Authority welcomes Moderna Products to South Carolina and looks forward to serving their import needs. The port plays an important role in the logistics and supply chain of international manufacturers like Moderna, who recognize that SC is an ideal location for distribution centers to serve the expanding Southeastern consumer population,” SC Ports Authority President/CEO Jim Newsome added.


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The Internal Revenue Service (IRS) recently raised the standard-mileage-reimbursement rate for the final six months of 2008. As a result, the vast majority of employers will follow suit by reimbursing their employees at this rate, right? Not necessarily, according to the results of a recent Compensation.BLR.com poll.
When asked "Does your company use the IRS's standard mileage rate to reimburse employees?," 64 percent responded "We reimburse at the IRS's standard mileage rate" while 35 percent responded "We reimburse employees at a lower rate than the IRS's." Just one percent responded "We reimburse at a higher rate than the IRS's."
The IRS normally updates the mileage rates once a year in the fall for the next calendar year, but rising gas prices prompted action said IRS Commissioner Doug Shulman: "Given the increase in prices, the IRS is adjusting the standard mileage rates to better reflect the real cost of operating an automobile, We want the reimbursement rate to be fair to taxpayers."
The rate will increase to 58.5 cents a mile for all business miles driven from July 1, 2008, through December 31, 2008. This is an increase of 8 cents from the 50.5-cent rate in effect for the first six months of 2008.
The Compensation.BLR.com poll included 309 respondents.


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sweetFrog Frozen Yogurt Launches Newest Location at Fort Belvoir
sweetFrog Frozen Yogurt, the nation’s leading frozen yogurt chain, named America’s Best Frozen Yogurt by The Daily Meal, and a Top New Franchise by Entrepreneur Magazine, is opening a new store exclusive to those living and working on Fort Belvoir in March 2018. This new sweetFrog’s 15th location in Northern Virginia.
sweetFrog’s first store to open on a military installation will be owned by Tim Barber. Barber is a veteran of the U.S. Air Force. He brings 11 years of military service and an additional 15 years with the Department of Defense to the company.
Barber says sweetFrog was the perfect fit for his next entrepreneurial journey because he loves the company’s community first values and believes in how much the concept resonates with members of the military of all ages.
“We see what’s happening outside of the base regarding the popularity of frozen yogurt,” says Barber. “sweetFrog is the best in the industry and its name recognition is second to none. There are several sweetFrog locations in the area, so we know they’re frequented by many military people and bringing it directly to this closed population just makes sense for us.”
“sweetFrog fills an important niche food demand within the military market. The brand is well recognized in many parts of the country, and we’re confident that it will be well received by the military community. As an Air Force Veteran with over 26 years-service and as a military member and DOD civilian, my company is proud to offer a product of sweetFrog’s caliber to the US Military, Retirees, and their Family members.”
sweetFrog’s CEO, Patrick Galleher, is excited Tim Barber is joining the sweetFrog franchise family and believes the company’s frozen yogurt concept is a perfect fit for the Fort Belvoir community.
“We are thrilled Tim Barber is opening our first sweetFrog location on a military installation, particularly so close to Washington, D.C.,” says Galleher. “After working with the Air Force and Department of Defense for 26 years, Barber possesses the perfect skill set to quickly become a successful sweetFrog owner. And we’re thrilled to know he plans to expand and add sweetFrog stores on multiple military bases. We expect Barber to flourish as a sweetFrog owner, especially in communities defined by brave and honorable residents.”


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Quick commerce startuphas launched a membership programme called Zepto Pass to provide unlimited free deliveries and up to 20% discount on all grocery products. The move aims to enhance customer loyalty and retention by offering attractive discounts to match prices with offline grocers.
On February 19, YourStory reported that the Nexus Venture Partners–backed company is testing a subscription plan at an introductory price of Rs 19 per month to random users across cities including Delhi and Kolkata.
Zepto piloted the feature with 5% of its user base for a month and claims to have seen rapid adoption, with almost a majority of orders coming from Zepto Pass subscribers within two weeks during the pilot, it said in a statement on Thursday.
According to the company, Zepto Pass subscribers spend more than 30% on the app after opting for the loyalty programme which resulted in their monthly retention improving by 10%.
The price of Zepto Pass lies between Rs 19 and 39 per month for a majority of customers, the statement said.
“Quick commerce is being adopted rapidly in India and Zepto Pass is slated to accelerate that adoption even further. By giving customers deep discounts sustainably and with 10-minute delivery, quick commerce starts becoming an exciting option even when compared to discount grocers in the offline segment,” Devendra Meel, VP of Strategy and Head of Zepto Pass, said.
The move comes months after Zepto entered the coveted unicorn club after raising $200 million at a valuation of $1.4 billion in a Series E funding round led by US-based private market investment firm StepStone Group.
The subscription plan is part of Zepto’s effort to top the quick commerce market by taking on Prosus-backed Swiggy’s One membership and BigBasket’s bbstar plan. Most recently, Swiggy introduced a lite version of its programme to lure cost-conscious users.
Membership programmes have become increasingly important for ecommerce firms, enabling them to add value to regular users and drive new users to their platforms.
Zepto is also looking to float an initial public offering (IPO) by early 2025, making its push for sustainable growth more important than ever.
In August 2023, Co-founder and CEO Aadit Palicha did not divulge details about how much money the firm is looking to raise through the public listing, but noted that the $200 million fundraising is a pre-IPO round and is part of a “capital-building exercise”.
“Even after offering compelling value to customers with Zepto Pass, we continue to be on track to be near PAT positive in 2 quarters! This is because our profitability improvement is coming primarily from cost reduction through supply chain excellence, which gives us the ability to pass value back to customers sustainably,” CEO Palicha said on Thursday.
Edited by Megha Reddy


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Car contract extensions for remote employees
【Summary】One in four fleets are planning to extend company car lease contracts due to the increase in working from home. Larger companies are more likely to opt for contract extensions, while smaller businesses anticipate a reduction in contract lengths. The average length of car operation for UK companies is now 4.7 years, which is potentially a year longer than before the pandemic.
The post-pandemic growth in working from home has had a significant impact on company car lease contracts, according to new research. The 2023 Arval Mobility Observatory Barometer surveyed businesses that have implemented or extended remote work since the start of the pandemic. The study found that nearly one in four fleets (23%) expect to extend their lease contracts.
Interestingly, the move towards contract extensions is more prevalent among larger companies with over 1,000 employees, with 38% considering lengthening their leases. In comparison, only 24% of the smallest companies with fewer than 10 employees are planning to do the same.
Shaun Sadlier, head of Arval Mobility Observatory in the UK, explained that several trends have emerged following the pandemic. One of the most significant factors is that some fleets are now covering fewer miles, allowing them to operate vehicles for longer periods without mileage becoming a concern. This shift can be attributed to the rise of remote work. With people no longer commuting to the office as frequently, their cars are accumulating less mileage. As a result, these vehicles can be operated for an extended duration, possibly up to a year or more.
Furthermore, longer leases often come with lower monthly costs, providing financial incentives for fleets. However, Sadlier points out that this is only true until maintenance becomes an issue, as the likelihood of major component failure increases.
Interestingly, the research also revealed that some businesses (14%) believe that remote work will lead to a reduction in contract lengths. This belief is more prevalent among smaller fleets (22%) compared to larger ones (4%). Sadlier suggests that these businesses have analyzed the figures and concluded that it makes financial sense to replace their cars more frequently due to lower mileages. However, such cases have been rare at Arval in the UK.
The average length of time that UK companies operate cars is now 4.7 years, according to the Arval Mobility Observatory Barometer. The duration ranges from 5.1 years for the smallest companies to 4.6 years for the largest. Although there is no historical data for comparison, the report estimates that this figure is approximately one year longer than before the pandemic.
Sadlier explains that the increase in lease durations is not solely attributed to remote work. The difficulty of obtaining replacement vehicles following the pandemic has also played a significant role. While the situation is gradually improving, fleets have been unable to cycle through the buying and selling of cars as usual due to the challenges in the market.
Furthermore, fleets have discovered that modern cars can handle higher mileages without a significant decrease in reliability, making them more sustainable over longer periods. Sadlier concludes that while a car entering its fifth year with 80-100,000 miles on the clock may be less reliable than a two-year-old car, the difference is not problematic.
Outrageous Audi R8 DTM racer Abt XGT hits the streets
Entry-Level Mercedes-AMG GT Spotted With Reduced Engine Cylinders And Subdued Styling
Tesla Cybertruck towed before release
Electric Wrangler coming soon
Electrifying Toyota's Compact Pickup
Taiwanese Tesla supplier Hota establishes first US manufacturing facility
Mercedes replaces EQS SUV with 300-mi GLC EV at US factory
'Innovative Wheel Drive System Unveiled by Hyundai Motor and Kia'
- "Watchdog's Ban on Toyota HiLux Ad Reflects Lack of Social Responsibility"
- Toyota's Dedication to Quality Shines in Century Bolt Tightening Process
- Car tax revenue boost for Treasury
- 2024: Uncertainty for Used Car Dealers as Buyers Grapple with Cost-of-Living Challenges
- Honda Recalls Over 300,000 Vehicles for Seatbelt Defect
- Carmakers saturating market with fresh electric vehicles
- Dacia closes Black Friday website
- Mercedes-Benz: embracing a new era
- Electric Nissan Juke And Qashqai Get Inspiration From 'Hyper' Concepts
- Skoda introduces new global corporate identity for dealerships


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HTC sues Apple over patent infringement75
HTC just filed the lawsuit with the U.S. District Court of Delaware. We aren’t sure what the 3 patents that Apple is being accused of infringing upon are, but we know that they have to do with the iPhone, the iPad and Mac computers. According to Reuters, HTC is even seeking triple damages for what HTC is calling willful infringement. HTC is also said to be seeking compensatory damages.
It was just last month that Apple won their latest case against HTC when the Taiwanese based manufacturer was found guilty of infringing upon 2 of their patents; a verdict that HTC has already said will be appealed.
While these lawsuits may be getting out of hand, this is what happens with big time companies who are in a fight for global supremacy. This most certainly will not be the last time that a lawsuit is filed between the two giants. Tell us what you think in the comments below.


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BENGALURU/MYSURU: CT Ravi
, BJP national general secretary, on Tuesday endorsed a call from fringe Hindutva organisations asking Hindus to boycott halal meat
sold by Muslims.
After banning Muslims from setting up shops near temples, some fringe organisations are demanding Hindus not to buy meat for ‘Hosathodaku’ from Muslim traders. The fringe organisations say this meat should not be offered to Hindu deities. Hosathodaku
is observed a day after the Ugadi festival and is an integral part of the new lunar year celebrations in Mysuru, Ramanagara and Mandya districts.
Many Hindus eat meat on the day. Mohan Gowda, state spokesman, Hindu Jana Jagruthi Samiti alleged that the meat sold at Muslim shops is “not pious”, and therefore should not be used for Hosathodaku. “As part of Hosathodaku celebrations, non-veg food cooked in households is offered to gods and goddesses, but Muslim traders sell meat only after offering it to their god,” Gowda said. “So, it is not suitable for our celebrations. We have decided to boycott meat sold by Muslim traders.”
Gowda said they would have no objection if Muslims sell non-halal meat. Meanwhile, Ravi, in Bengaluru, said halal meat is “economic jihad” and a way for Muslims to have a monopoly over the meat market. “What does halal mean? It is basically Muslims offering the meat to Allah before it is sold,” Ravi said. “While it may be their religious practice, for Hindus it is a rejection of their community.”
Muslim clergy say there is no caveat that traders should sell only halal meat. “This controversy is being raised to destroy peace between communities,” said Mohammad Maqsood Imran, maulvi, Jamia Masjid. HD Kumaraswamy, JD(S) floor leader, condemned the messages saying such statements were destroying the social fabric of Karnataka


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TravelCenters of America Releases 2.0 Version of Truck Smart Mobile App
WESTLAKE, Ohio -- Professional drivers can now use their cell phones to determine if there's a wait to take a shower at the closest TravelCenters of America LLC(TA) location. And thanks to the release of the chain's 2.0 version of its TruckSmart mobile application for Android and iPhone smartphones, drivers will receive an alert when a shower is ready and can even reserve it for 15 minutes.
The "Instant Shower" feature is not the only enhancement to the TruckSmart 2.0 app. Professional drivers can also access their UltraONE Rewards program account at the touch of a button, including their points balances, shower credits and recent transactions. Upgraded search capabilities are another new feature, as drivers can now search for a TA location by the name of a highway, as well as share location coordinates or place a call to TA customer service.
"TruckSmart 2.0 is a blockbuster; a category killer," said Tom O'Brien, president and CEO of TA. "Drivers have asked for the UltraONE loyalty club features we've added. But what I am really excited about is the instant shower feature. UltraONE members can reserve a shower from their sleeper cabs, from the store or from anywhere in the country, without stopping at the driver kiosk."
TruckSmart 2.0 can be downloaded at www.tatravelcenters.com/trucksmart. A 3.0 version of TruckSmart is expected to be released in the near future, the company said.


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Increased profitability and and preliminary sales in the second quarter
10 Jul 2020
During the second quarter, Hexatronic’s sales were negatively affected as a result of the Covid-19 pandemic and the effect is estimated to be 40 to 50 MSEK. We believe that the negative effects of Covid-19 will decrease in the coming quarters, given the current information. Preliminary sales for the second quarter amounted to approximately 510 MSEK, which corresponds to 5 percent organic growth. EBITA for the second quarter is expected to be between 49 and 54 MSEK. The order backlog at the end of the quarter was 22 percent higher, organically, than at the same time last year. This information is provided due to the prevailing uncertainties caused by the Covid-19 pandemic.


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Fox News reported today that the United States Supreme Court has overturned a California ruling that banned the sale or rental of violent video games to minors. In a 7-2 decision, federal judges ruled that the California law is a violation of First Amendment speech rights, while the gaming industry declared that the law was too general.
“Video games qualify for First Amendment protection,” the opinion, written by Justice Antonin Scalia, said. “Like protected books, plays and movies, they communicate ideas through familiar literary devices and features distinctive to the medium.”
In 2005, concerned parents pressured lawmakers to tighten regulations on the sale and rental of video games, citing that these type of games were influencing deviant behavior.
Even though the law had been dismissed in lower courts, today’s ruling substantiates the notion that the video games should be portrayed through the same lens as books and movies.
The Entertainment Software Rating Board, a self-regulating oversight body, supported the gaming industry’s complaint and lauded the U.S. Supreme Court ruling.
“Today’s decision acknowledges the value and effectiveness of the ESRB rating system, the Federal Trade Commission’s positive assessment of our self-regulatory regime, and the latest research showing that game retailers overwhelmingly enforce their voluntary store policies regarding the sale of Mature-rated games,” said ESRB president Patricia Vance.”
Read the full article here: Fox News


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SAN DIEGO (AP) Nine members of a motorcycle gang known as the Hooligans have been indicted in the high-tech theft of more than 150 Jeep Wranglers in San Diego County, authorities said Tuesday.
The Tijuana, Mexico-based Hooligans Motorcycle Club used handheld electronic devices and stolen codes to make copies of keys and disable alarms on the vehicles that were then taken to Mexico to be sold or stripped for parts, the U.S. attorney’s office said.
Authorities say the ring has stolen Wranglers valued at $4.5 million since the scheme began in 2014.
“The joy ride is over for these Hooligans,” Deputy U.S. Attorney Mark Conover said.
Three members of the gang have been arrested so far: Reynaldo Rodriguez, 33, of San Diego; Henry Pulido, 24, of Imperial Beach, California; and Alejandro Guzman, 23, of Tijuana.
They were expected to be arraigned Tuesday or Wednesday on charges of conspiracy to steal vehicles and transport them across the border.
Six more members of the gang are fugitives believed to be in Mexico. Authorities could not immediately say whether any of them had retained attorneys.
The surge in late-night thefts began in the summer of 2014 and perplexed investigators because no windows were broken or alarms triggered. Surveillance camera video from the home of one victim eventually revealed the techniques used.
Investigators learned that copies of key codes had been requested for 20 of the stolen vehicles by a Jeep dealer in Cabo San Lucas, Mexico. That led to arrests and the targeting of the Hooligans by a multi-agency task force.


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The new issue of Classic Boat is on sale now and tells the tale of arguably the closest the UK and Ireland ever came to holding the America’s Cup.
In light of current events in Auckland, it’s a topical and fascinating tale, expertly told by a real Cup historian.
Our April 2021 cover shows a handsome Kim Holman design.
Cass is a newly built, wooden 43-footer by the east coast master – ‘surely the first since the dawn of glassfibre,’ as our editor Steffan says.
We are also afloat on Dick Carter’s steel sloop that won the 1965 Fastnet Race. She is now restored and looking as good as new. Here she is half way through the job.
Is the pace of the fastest oyster smacks killing the fleet? An engrossing article about a topic close to the hearts of many.
Redrawing the 12.5 – designer Chuck Paine’s three new interpretations of the Herreshoff 12.5.
A thing of beauty – the humble block. This one is by TS Rigging and we take a look at what classic boat owners can find on the market today.
Each month we visit a wooden boatyard somewhere in the world – this month we’re at the Rhoda Mary Shipyard in Truro.
There is much more in our April 2021 issue – you can find subscription options below including options to buy a single digital issue. We hope you enjoy it!


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Samsung to close Spanish factory 446 jobs on line
15 January 2004, BARCELONA – Samsung, the electronics multinational, is to close its Spanish factory and move its production to Slovakia affecting 446 jobs, the company said Thursday.
15 January 2004
BARCELONA – Samsung, the electronics multinational, is to close its Spanish factory and move its production to Slovakia affecting 446 jobs, the company said Thursday.
The closure comes less than a week alter Philips announced the closure of its plant near Barcelona with the loss of 100 jobs.
Samsung said it was changing the structure of its European production and will move its plants in Spain and the UK to other factories which the company has in Slovakia.
Unions have expressed doubts over Samsung's promise to relocate its 446 workers from the plant near Barcelona.
The company said Slovakia will be its new European base.
Sang Heung Shin, Samsung's European president, said Thursday the company was concerned about the effect the restructuring will have for employees at the Spanish plant.
He said that before the decision was made to close the Spanish the company had studied all the alternatives but there was "nothing else which could guarantee the competitive future of the company".
Samsung justified its decision by saying in the electronic consumer goods sector, the giddy rise in technological development had cut short the commercial life of some products and caused a fall in prices.
According to Samsung, this situation demanded a large investment, which required reducing the number of factories and the costs of production, components and other associated goods.
In Spain, the factory at Palau de Plegamans was dedicated to making audiovisual equipment destined for the export market. The factory currently employs 446 workers.
The production of mobile phone parts, which is also carried out at the same plant, will be moved to another plant in China.
According to the company, the employees will not be affected by the changes and will be relocated.
Jesús Benga, president of the Association of Electronics and Telecommunications Industry, said the closure of Samsung and Philips’ plants in Spain in the past week showed companies in this sector were not competing.
He said they needed to adapt to changes in the industry and this would require flexibility from the workforce.
But Juan Partera, spokesman for General Union of Workers, one of Spain’s biggest unions, said Samsung’s decision to move to Slovakia will affect all the factories of this multi-national in Europe.
He said the union doubted Samsung’s promise to relocate the 446 workers.
[Copyright EFE with Expatica]
Subject: Spanish news


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Balenciaga Cancels Orders Placed During Website Glitch
The luxury label will not honor orders placed during a technical glitch that mispriced handbags for as low as $155. Bummer.
Last week, a technical snafu caused several Balenciaga handbags worth thousands of dollars at suggested retail to be incorrectly priced (some as low as $155), resulting in an Internet frenzy as bargain-hunting fashionistas raced to purchase before Balenciaga caught on to the issue.
A few dexterous customers, who wasted no time proceeding to checkout when they noticed the low pricing, noted that they received email confirmations after ordering from the site on Thursday.
However, Page Six reports that these orders have since been canceled. On Saturday, shoppers received a tear-jerking email from Balenciaga stating, "Due to an issue that listed incorrect pricing for Balenciaga products, we are sorry to inform you that your purchase . . . has been canceled.”
Read more Fred Segal Opens New Store in Japan
In an official statement to Refinery29, the brand apologized for its error, saying "because Balenciaga values their patronage, clients who have been affected by the error will be reimbursed for their purchases and will be issued a gift certificate that will be redeemable at Balenciaga retail locations within the United States." No word yet on the amount that will be issued on the gift certificate, but we're betting it won't be enough to cover a handbag.


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Faster approval times for generic drugs will get them into consumers’ hands quicker, but may not make the price any better, a U of T pricing and marketing researcher has found.
A mathematical model created by Andrew Ching shows that fewer firms enter the marketplace because the chances of getting there first and commanding the best profits are dramatically smaller when drug approval times are shorter. Ching is an associate professor of marketing at the Rotman School of Management.
Using the drug clonidine, Ching’s model showed the number of firms in the marketplace dropped by 25 per cent, from 12 to nine, under a shortened approval time scenario.
“Potentially, for the consumer, the price may not drop as much as you’d hope,” said Ching.
Under the current situation it takes companies an average of more than 20 months to get U.S. Food and Drug Administration (FDA) approval for generic versions of established drugs. That makes approval times uncertain and companies often must go through several rounds of review. Companies also pay several million dollars when they apply for FDA approval. Given these as well as other development costs, firms making it to the marketplace last sometimes experience losses.
The FDA in recent years has talked about reducing its approval times in order to benefit consumers, and has proposed strategies for how it could do so, including spending more money in order to bring on extra staff to do the reviews.
Ching says his results, which were published in International Economic Review, suggest the FDA should think twice before going that route.
“Even if the government spends a large amount of resources to improve the efficiency of the FDA in approving generic drugs, it does not necessarily achieve the goal of enhancing welfare,” Ching’s paper concludes.
The complete study is available at http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1146222
For the latest thinking on business, management and economics from the Rotman School of Management, visit www.rotman.utoronto.ca/NewThinking.


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Update 11/12/18: Why the UK is better off remaining in the EU
It is certainly one of the biggest news items of recent times – the ‘Brexit,’ the idea that Britain may exit the EU. The referendum that will take place on June 23rd will give those of us who live in Britain a direct choice between staying in the EU and stepping out of it. The EU was formed in 1993 as an evolution of the EEC or “Common Market”, that the UK joined in 1973. It has developed policies to cover aspects of free movement of people, goods, services, and capital for those who are based within its borders. There are currently 28 members of the EU and this huge body includes a number of different European institutions, such as the European Parliament, the European Council, the Council of the European Union, the European Commission, the Court of Justice of the European Union and the European Central Bank.
We’ve all seen the satirical cartoons, the splits in the Conservative party that have resulted from arguments over the issue, and the various, endless news items on the subject. But what would a Brexit actually mean for the British public?
A large proportion of goods produced in the UK are exported to the EU and should we leave there will be a requirement to negotiate new trade agreements for those. Many believe these are likely to be less favourable than agreements currently in place. On an individual level this could cost us all. According to a ‘conservative’ estimate from the Confederation of British Industry, the benefits of EU membership amount to 4-5% of GDP, or as much as £78bn a year, making each household £3,000 better off as a result of Britain being within the EU. However, losing this depends largely on whether the UK is able to negotiate those positive trade agreements with the EU – and also what happens to the way we trade with the rest of the world.
There are lots of different ways of arguing whether your job is affected by being in the EU. We’ve all heard the ‘immigrants coming over here taking our jobs’ line but that works the other way too – in the past, MP Nick Clegg has claimed that 3 million jobs depend on British membership of the EU and it’s true that being part of the organisation gives organisations we work for access to a market of 500 million consumers that could be cut off if we leave. If you work in car making or financial services, for example, then your job could also be at risk from a departing employer, as companies such as Nestlé, Hyundai and Ford, and Goldman Sachs have all considered scaling back UK operations if we leave.
If you own a business, or are even just employed by one, then leaving the EU may have a big impact. Some argue that this impact would be a freeing up of UK businesses, which would no longer be governed by EU rules and regulations, and could potentially go on to forge trade links with faster paced emerging markets, such as Brazil. Others believe the loss of easy access to the EU market as a result of leaving could weigh heavy, particularly on SMEs.
This is, without a doubt, one of the biggest issues when it comes to being a part of the EU and being able to ‘take back our borders’ is a foundation of the campaign to leave. It’s worth remembering though that more of our immigrants come from outside the EU – 292,000 in 2014, as opposed to 251,000 who arrived under EU free movement rules in the same year. Some have speculated that the only way that the EU would allow us to continue trading with it would be if Britain still allowed free movement, almost on the same basis as now. There are arguments that stepping out of the EU would slow our immigration, however, Norway – a country opted out of the EU – received twice as many immigrants as the UK in 2013.
Trade – it’s enabled UK companies to trade with other members unhindered by tariffs, and the EU is our no.1 export market. So, this has enabled UK companies to grow faster than they would otherwise have been able to do and to create and sustain more jobs.
Legal protections – it’s thanks to the EU that we have a large amount of consumer protection against faulty goods, as well as the protection of the European Convention on Human Rights.
Travel – it’s EU rules that provide us with access to compensation for flight delays and cancellation from flights within the EU, and there could be significant issues for expats, many of whom would suddenly have no right to live in the EU and would have to start applying for visas.
Science – the EU is a pioneer when it comes to research and science and the UK is one of the largest recipients of research funding in the EU, which would fall away if we left.
Football – if the UK left the EU, players from the EU would not be able to sign so easily for UK football clubs as they would not automatically qualify for visas!
Alex Hartley is a keen advocate of improving personal finance skills. She's worked at Solution Loans since 2014 and written hundreds of articles about how people can manage their money better. Her interest in personal finance goes way back to...Read about Alex Hartley
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CELEBRATION, FL — Disney Cruise Line has received the green light from the CDC to operate test cruises out of Florida.
Numerous consumer and cruise industry news outlets are reporting that DCL’s test cruise will operate June 29 – July 1, 2021 out of Port Canaveral on the Disney Dream.
There would be no shortage of volunteers among the general public for DCL test sailings, Disney blogs say it’s more likely the test sailing will be filled with Disney cast members and other company volunteers.
An emailed statement to the Orlando Sentinel from DCL spokesperson Cynthia Martinez said: “We have reached an important next step toward our gradual and responsible resumption of service, and are grateful for the productive dialogue with the state, local and federal officials, the CDC and others in our industry that has made this possible. We look forward to our amazing crew once again creating magic for our guests and to helping the many workers who support our industry get back to work.”
Last month Royal Caribbean Group got the first go-ahead from the CDC for test cruises. The company had submitted a proposal to the CDC to sail a test cruise from PortMiami. That cruise will sail aboard Freedom of the Seas with volunteer passengers June 20-22, 2021.
The test cruises are part of the CDC’s Conditional Sailing Order, which replaced the No Sail Order earlier this year.
In the past several weeks several major cruise lines have announced sailings from U.S. ports starting this summer.


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According to Marcos Madureira, president of the Brazilian Electricity Distributors (Abradee), the consumption of energy is decreasing during the coronavirus pandemic period.
One reason for this reduction would be the closing of trades: "We have a reduction in consumption, trade and service sector, the partially paralyzed or with reduced operation creates an energy crisis", said in an interview. In addition, several energy companies have cases of default that have grown with the coronavirus pandemic and which may increase even more as the difficulty of payment is made.
Also according to the President, it has already been defined that the companies will not be able to suspend the distribution of energy to low-income consumers. income for the next 90 days. "We have consumer impacts and this has been acquitted by the companies. We are maintaining continuous dialogue with ministries to seek a solution. We hope that some initiatives, such as exemption for low-income consumers, are implemented because it is imposed on the for this category," he said.ACESSE AS REDES DA PANORAMA OFFSHORE:


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Fiat said on June 9 it will stick with plans to forge an alliance with Chrysler after a U.S. Supreme Court decision put a temporary freeze on the transaction. "Fiat is committed (to a tie-up with Chrysler) even after June 15," a Fiat spokesman said. The company is entitled to pull out of the deal after that date if Chrysler's recovery plan has not been fully approved.
Chrysler filed for bankruptcy protection in late April and a New York court on May 31 approved the company's reorganization and agreed to allow the tie-up with Fiat to proceed. But the U.S. Supreme Court on June 8 put a temporary freeze on the plan, which would allow Chrysler to emerge from bankruptcy as a new entity. A group of Indiana pension funds had opposed Chrysler's sale to Fiat and filed the emergency appeal with the Supreme Court.
The court order, signed by Justice Ruth Bader Ginsburg, will now allow the justices to consider whether to allow a full hearing on the legal issues. Without the stay, the deal could have been closed as of 2000 GMT on June 8.
The rescue plan gives Fiat a 20% stake in Chrysler with a possibility of increasing that share. In return, Fiat will allow access to its technology to enable the U.S. car maker to make the smaller, greener cars that are increasingly in demand.
Copyright Agence France-Presse, 2009


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CounterKicks Interviews: Jia Su, CEO Of PEAK Sports USA
Chinese sportswear brand PEAK managed to put its logo and product on 15 NBA players’ feet in this past 2010-11 NBA season. The brand has also planted their official North American headquarters in Los Angeles and is gearing up for a US retail launch later this year. Click for full interview with PEAK’s USA CEO from CounterKicks.
About Carrie Xu
Yanqin "Carrie" Xu is a Shanghai native, currently living in the San Francisco Bay Area and working for the Pac-12 Conference as Senior Manager, International. She is very passionate about sports and international collaboration, and is doing her best to bridge sports between the US and China.
Carrie holds an MBA degree from University of Southern California (USC) and has worked for Nike China and Nike International Basketball previously. She was also a Vice President at USC Marshall Sports Business Organization. She can be reached via email at firstname.lastname@example.org.
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Owning a limited-production Aston Martin is a dream many auto enthusiasts have, yet very few will actually achieve. Aston Martins tend to be very expensive and impractical for a normal person making this an expensive luxury purchase enjoyed by the few. Luckily there is one Aston Martin then still gives customers the bespoke build quality, manual transmission, and limited production that customers desire, welcome to the Aston Martin Cygnet.
In the early 2010s, the European Union started to impose new fuel economy regulations on auto manufactures requiring their entire product line up to meet certain fuel economy and emissions regulations. This was fine for larger manufacturers who were already working to produce fuel-efficient vehicles but for boutique supercar manufacturers like Aston Martin, this posed a massive threat. To reach compliance and avoid fines, Aston Martin teamed up with Toyota to rebadge their iQ microcar in the newly minted Aston Martin Cygnet.
More Aston Martin news:
Aston Martin initially planned to sell 4,000 units a year, but after two years of production from 2011 to 2013 Aston Martin only sold 300 units globally. At the time the Cygnet was a very uncool car and the butt of many automotive jokes.
Today the Cygnet is a desirable piece of automotive history and an affordable way to own an Aston Martin with such a low production volume. Some have even said the Cygnet is a future classic and I have to agree as it has all the correct ingredients. Low production, strong branding, and instant recognition. Today you can purchase a low mileage used example from Aston Martin, and enjoy one of their rarest cars of the modern era and also one of the easiest to park.


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Wholesale and retail trade top insolvencies in 2020
The overall insolvency rate for 2020 was down 10.7% compared to 2019, totalling 570 insolvencies for the year. There were 90 insolvencies in the Wholesale/retail/Trade sector. The overall decrease in insolvencies is attributed to the prolonged closure of courts during the Covid-19 pandemic as well as the suspension of activities for many businesses.
The largest numbers of insolvencies were recorded in the month of February 2020 , with a total of 76 insolvencies; this was an increase of 69% compared to February 2019. April proved to be the least insolvent month: a total of 19 insolvencies were recorded, down 55% on 2019.
The most insolvent sector during the year was wholesale, retail and trade (90), down 12% on 2019.
Wholesale was followed by legal, accounting and business (79, – 29%), hotels and restaurants (74, +1%), and construction (62, -15%).
There was an average of 48 companies with an insolvency notice per month in 2020 (compared to 51 per month in 2019).


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Tanzania: Who Is Yusuf Manji?
Yusuf Manji, is a name which has been trending recently. Although he is well-known for his successful business life, right now it's happening for all the wrong reasons. A series of scandals led us to ask - who is this controversial figure?
Yusuf Manji, the chairman of Yanga F.C and boss of Quality Group.
The lawyers representing a British registered company associated with businessman Yusuf Manji have claimed that the billionaire businessman owns 99 per cent of telecoms company, ... Read more »
Yusuf Manji, the chairman of Yanga F.C and boss of Quality Group, has been accused of participating in fraud and corruption in transactions that sealed the sale of 34,479 shares ... Read more »


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The new drop date will take place on Saturday, August 17 and will see the YEEZY BOOST 700 OG “Wave Runner” available in full family sizing. The prices will range as follows: $300 USD for adult sizing; $180 USD for GS; $150 USD for infant and toddler. Head over to adidas.com/us/YEEZY now to see the full list of stockists.
UPDATE August 12, 2019 10:30:00 a.m. EST: The YEEZY 700 OG “Wave Runner” restock is now live at YEEZY.supply.
Along with options for the youngsters, the beloved silhouette is also said to be re-releasing in both men’s and women’s sizing as well. The sneaker first made its debut in 2017 as a pre-order, then again in September 2018. Each time the sneaker quickly sold out. Since then various iterations have also been made available including the recent “Utility Black” colorway.
For more sneaker releases, PSG’s AJ6 faces off against ManU’s UltraBOOST in this week’s best footwear drops.


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Kölsch unveils launch of ‘IPSO’ event at ADE 2018
Kölsch returns to ADE (Amsterdam Dance Event) on Friday 19th October, bringing his IPSO label to the industrial Kromhouthal warehouse, marking the first time he brings the brand to the Netherlands
Having started his IPSO residency in Cologne, playing a mammoth 9-hour set, Kölsch has since expanded the brand to Miami and Watergate Berlin, with the ADE show now adding ever-expanding brand catalogue. The line-up for the ADE night will consist of a mix of artists and acts curated by STRAF_WERK and Kölsch
“About a year ago I launched my label IPSO”, said Kölsch. “Since the first release, I also started my IPSO club nights in the legendary Gewölbe Club in Cologne. I’ve had amazing nights there and now it’s time to expand.”
Early bird tickets to the IPSO label event at ADE, in association with STRAF_WERK are available for just €27.50, and can be purchased from www.strafwerk.sollidd.com.


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Founded in 2013, GA technologies has changed the real estate market in Japan. The business provides an end-to-end real estate solution, using digital platforms and online services to facilitate property sales and rental property management. It has brought a modern approach to the sector and, while its competition still largely relies on phone calls and face-to-face meetings, GA technologies can do just about everything digitally.
So, as soon as social distancing restrictions were introduced in Japan, GA technologies found itself perfectly positioned to support customers.
“We have seen a 120% increase in demand for our services since COVID-19. People who wouldn’t have considered us in the past are now keen to use our array of digital technologies as they look to buy, sell or rent properties,” said Hiroshi Tabuki, CMO at GA technologies.
Not only has the business seen a surge in demand, it has found that many customers are also more engaged, reducing lead times. “With everyone working from home, it’s easier to get in contact with people and they are more responsive, so things are happening faster,” he added.
Safe As Houses
In addition to its established online businesses, GA technologies has also been able to leverage its new ‘3D Contents Preview’ feature. Launched in February 2020, the online tool gives users an experience comparable to artificial reality (AR), meaning buyers, sellers and renters can “see” a 360-degree view of properties.
“People can ‘walk through’ digitally, so they can get a feel for a place and a real understanding of its dimensions, all while sitting safely at home,” said Shin Fukushima, project manager at GA technologies.
The launch of the new feature has proven timely for the business, coinciding with government instructions for people to stay at home. “It’s a safe and effective way to view properties. Instead of looking at 2D images with a description of the place, users can experience a 360-degree view, helping them build a picture in their mind of exactly what they’ll be buying or renting,” Fukushima said.
GA technologies has had great feedback from renters and buyers since launching 3D Contents Preview. Because the tool details exact measurements of properties, it allows users to immediately start planning how they could use the space and what furniture would fit where. In Japan, where space comes at a premium, this is proving priceless.
“In Japan, rental properties don’t come furnished, so this tool is extremely useful. If people are moving to Tokyo from outside the city, they can rent a property, order the furniture they need, and get it delivered on the day they move in. This can all happen without ever stepping foot inside,” Fukushima said.
The response from sellers and salespeople has also been really positive. Information is everything when people are making a big decision. And there aren’t many bigger decisions than deciding where you want to live. Customers who are selling properties and letting agents have said the tool has made the sales cycle faster.
Positive feedback isn’t the only datapoint that’s encouraging. Website dwell time has doubled since introducing 3D Contents Preview, with some users staying on the site four times as long as before.
The future is exciting for the team at GA technologies, and it’s preparing to expand the 3D service, so it’s available for all properties. The business is also focused on using data to create a better experience and drive the business forward.
“We want to improve customer experience by developing a more complete service,” Tabuki said. “Because our service is almost entirely online, from clicking an ad to viewing properties to providing all the necessary documentation, we have a lot of data at our fingertips. By understanding where users stall or drop off, we hope to create a rich and totally seamless end-to-end service that’s fast and effective.”
To find out more, head to GA technologies.


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BOYNTON BEACH — The passel of people expected to congregate outside the police station Friday will not be result of the latest criminal harvest but rather seekers of bargains.
The bargains will come in the from of a collection of found, confiscated and surplus items to be auctioned beginning at 10 a.m. Friday.
Most of the items for sale will be found items that have been turned in to the police during the past year.
Other items will be surplus supplies, equipment and furniture from different municipal government offices.
The found items are abandoned items that police officers have seen on their rounds, or items turned over to police by residents. Before they are available for the auction, the items are stored for at least six months to give owners an opportunity to claim them.
Also available at the auction will be some items that have been confiscated by police. Firearms and, of course, drugs will not be included. Guns and drugs are destroyed.
Items available at the auction this year include about 45 bicycles of various styles and stages of repair, some BB guns, two surfboards, television sets, a motorcycle helmet, a moped, a suitcase, bottles of cologne, a variety of facial makeup, and a waffle iron.
The waffle iron was confiscated by police after an officer saw a man use it to smash a downtown storefront window in a foiled burglary attempt.
Last year the city made about $2,800 from its auction, with the money added to the city`s general fund.
Last year`s auction saw bicycles sold for prices ranging from a high of $47 to a low of $1. A moped went for $100 last year. A movie projector went for $6.


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The Metaverse – Facebook’s Next Big Thing
The Metaverse is a shared virtual space that allows people to interact in real-time, regardless of time and place. It is a virtual environment where people can work, communicate, and relax. Many people in Silicon Valley believe that it will revolutionize how we work and live. Its creators are working to make it the next big leap in modern technology.
The Metaverse is a free virtual environment, and its users live in their own space and interact with other users through an online avatar. This avatar allows users to move around freely and engage in free speech. In the Metaverse, users can also own and sell virtual property. In some instances, they can exchange that property for non-fungible tokens.
Mark Zuckerberg, CEO of Facebook, has been vocal about his company’s intentions for the Metaverse. He reiterated that the company is committed to a long-term strategy, and that it could take years before the technology is fully developed. But he also teased future technologies that might eventually become part of the Metaverse.
Zuckerberg is bullish on the future of the Metaverse, which he believes will become the mobile Internet. Facebook has made a huge announcement to invest $10 billion in the project this year. The move has sparked interest in the industry, and many companies have begun exploring it. While most people are focused on gaming and social networking, there are other applications of the Metaverse, including virtual concerts, shopping, and leisure activities.


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Passengers will be able to get from London to Manchester in one hour and eight minutes - almost half the current journey time - once the high speed rail link is completed.
Today the government unveiled the proposed route between Birmingham and Leeds - having already drawn up plans for the London to Birmingham section.
However, a proposed spur to Heathrow has been put on hold, pending the results of Sir Howard Davies' review of future airport capacity - which is not due to give a final report until the summer of 2015.
Instead passengers heading to the world's busiest airport will have to change onto the new London east-west Crossrail service for an 11-minute transfer to terminals.
More top news
Model Rosie Nelson writes for ITV News, revealing why she is calling for MPs to pass a new law protecting models from becoming too skinny.
Amid calls for new laws to regulate the size of models, we look at how the face of fashion has changed over the past 60 years.
Amid calls for new laws to prevent models getting too thin, ITV News speaks to three women in the fashion industry to get their views.


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Movies & TV
Apple’s Gold iPhone 5S Projects October Delivery Date For Customers
Gold is the new black as Apple stores sold out of their newly hued iPhone today (Sept. 20).
Apple Unveils iPhone 5S, 5C
Today marked another day in tech history as Apple revealed the new update to the iPhone 5 at their home base in Cupertino, Calif.
iPhone Rumor: iPhone 5S and 5C Reveal Slated for September
Start saving up now. According to tech insiders Apple will be revealing their new iPhones come Sept. 10.
New iPhone Releasing This Summer For Real (Maybe)
The latest news about the next generation iPhone comes from an actual credible source this time. The Wall Street Journal reports that Apple is gearing…
Rumor: Will Apple’s iWatch Arrive By The End Of 2013?
Tech-lovers are going to geek out about this latest iRumor...
Apple’s iPhone 5S To Come In Different Colors?
From cases to stickers, cell owners already customize their phones to match their personalities, but Apple may be looking to make that process a little…
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The biggest mall owner in the U.S. is preparing to open a number of its properties across the country, as states such as South Carolina and Georgia start to reopen during the coronavirus pandemic, according to an internal memo that was obtained by CNBC.
Simon Property Group is reopening 49 of its malls and outlet centers Friday through Monday, the memo said, including Haywood Mall in Greenville, South Carolina, and Lenox Square in Atlanta. (A full list of all 49 locations and exact reopening dates is below.)
A company spokesperson did not immediately respond to CNBC’s request for comment.
Business hours at the malls and outlet centers will be limited to 11 a.m. to 7 p.m. Monday through Saturday, and noon to 6 p.m. Sunday, to allow for cleaning overnight.
Simon said it will regularly sanitize high-touch areas such as food court tables, escalators, door knobs and electronic directories. And it is encouraging retailers to do the same in their stores.
Meantime, Simon said it will encourage shoppers to take their temperatures before going to the mall. At the mall, it will make free temperature testing available to customers, using infrared thermometers.
Free CDC-approved masks and hand sanitizing packets will also be available to the shoppers who ask for them. Simon said it will encourage shoppers to wear masks or some sort of facial coverings while they shop. Simon is mandating its employees wear masks while they are working and take “frequent breaks for handwashing.”
To ensure its employees and shoppers maintain distance, Simon is taking a number of steps. Those include:
Putting tape over every other sink and urinal in restrooms, putting decals on floors to direct traffic flow, limiting food court seating and keeping play areas and drinking fountains closed.
It said it will limit the number of entrances to each property and make sure that occupancy does not exceed one person per 50 square feet of space, using traffic measuring technology.
Per the memo, Simon is also encouraging retailers and other tenants to use technology, such as Apple Pay, that allows for contactless transactions …
Here is the full list of the 49 Simon Mall locations set to reopen at the beginning of May:


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Latest news about Bitcoin and all cryptocurrencies. Your daily crypto news habit.
We are excited to share our latest integration with CoinTracking, the top crypto tax software in the market. Through this integration, CoinTracking has launched new market indicators powered by IntoTheBlock, offering even more insightful metrics and signals to traders worldwide.
As a close partner of CoinTracking, we have been providing the best on-chain analysis and indicators for their Market Analysis page. Now, with the new set of market indicators powered by IntotheBlock, customers can enjoy a more intuitive and clean design, making it easier to navigate and analyze the data.
What are the new market indicators on CoinTracking?
With this new integration, CoinTracking customers can now enjoy more metrics and signals under a more intuitive and clean design.
The Bitcoin (BTC) On-Chain Analysis and Signals powered by IntoTheBlock now offer additional insights, including total exchange inflows, total exchange outflows, exchange signals like Smart Price and Bid-Ask Volume Imbalance, and futures market momentum.
You can check the new version of these indicators on the Market Analysis page on CoinTracking.
IntoTheBlock customers get a 10% discount on CoinTracking
To celebrate our partnership, CoinTracking is offering a 10% discount to all IntoTheBlock customers who want to start tracking their crypto portfolio and simplifying their crypto taxes. With CoinTracking, you can import trades from hundreds of exchanges, determine your capital gains/losses, and generate the necessary tax forms for crypto.
Do you want to know more about how to deal with taxes for cryptocurrency? We’ll be asking CoinTracking our questions on Wednesday the 5th of April during a Twitter Spaces. Set a reminder here: https://twitter.com/i/spaces/1jMKgLqbmEmGL
Enjoy a smooth crypto tax season!
CoinTracking is the leading crypto portfolio and tax software, supporting hundreds of exchanges and blockchain importers, including the latest trends such as NFTs, DeFi, DAOs, etc.
Join 1.3M+ people in taking care of your crypto taxes with the best solution on the market.
The IntoTheBlock platform provides institutional-grade financial services technology for the new digital asset and web3 economy. We offer solutions such as our well-known Market Intelligence platform, which is used by thousands of cryptocurrency enthusiasts and top brands in the market, and services for institutions in DeFi.
We are excited about this partnership and look forward to providing more value to the crypto community. Enjoy a smooth crypto tax season with CoinTracking and IntoTheBlock!
IntoTheBlock launches new integrations with CoinTracking was originally published in IntoTheBlock on Medium, where people are continuing the conversation by highlighting and responding to this story.
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.


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1. Media and Entertainment.
Africa’s film industry has become a global and cultural phenomenon that enjoys a huge following within and outside the continent.
The industry serves an audience that’s hungry for African stories of love, drama, intrigue, comedy, redemption, action and more. It’s no surprise that Africa’s film industry is currently the third largest in the world behind Hollywood and India’s ‘Bollywood’.
2. Food & Agribusiness.
The opportunities in Africa’s food and agribusiness space remain huge and will not go out of fashion anytime soon. With over one billion people to feed, Africa’s food and agribusiness market is a multi-billion dollar opportunity for entrepreneurs who know where to look.
Food production is still a huge and breathtaking opportunity. Grains, milk and all sorts of raw and semi-processed agro products are still imported into Africa even though the continent has an enormous capacity to produce these. Entrepreneurs who can produce food products locally could reap very huge rewards.
Africa’s retail market is a multi-billion dollar business opportunity. In addition to its over 1 billion population, more Africans are buying stuff due to their growing economies, rising middle class, and rapid urbanization.
Africa’s retail market is going through a monumental shift. Retail is gradually moving away from informal trading in open markets to organized retail in shopping malls and online stores. Africa’s homegrown supermarket chains like Shoprite, Game, Woolworths and Nakumatt are entering more countries and are spreading fast across the continent.
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A new pathway program has been created in order to help reverse the decline of young people penetrating Australia’s wool industry.
Behind the initiative lies Adelaide-based wool broker Quality Wool, with the aim to benefit both career opportunities and growers across the country.
Despite tough seasonal conditions that has slashed wool production, the dedicated program aspires to help improve the industry’s future by investing in youth education.
Quality Wool managing director Mark Dyson said over the past 20 years, Australia has seen a deficiency in young people entering agricultural industries, particularly in the wool sector.
“With the previous historically low wool prices and declining sheep and wool numbers, there was not much of a bright horizon for those wanting to enter the industry,” he said.
“However, now with more buoyant times, the good work by AWI into technologies and innovation through to overseas customers and our dedicated workshop program in the industry, we are receiving enquiries every week.
“We are committing to young people with a workshop program that educates them on-the-job, whilst they are employed.”
Steven Read has been in the wool processing industry since 1984 and is the current CEO of Michell Wool, an Adelaide based wool processing facility with a buying depot located in Keith.
Mr Read is also optimistic about the future of young people entering the industry.
“Over the past 15 years the wool industry shrunk and consolidated but in the last 4-5 years wool production has gone up,” he said.
“The older and more experienced people are starting to retire, so we need to bring new people in and train them up.
“The industry is robust and it’s profitable, bringing in new people comes with new ideas, capabilities and technologies – it’s a very exciting time.”’
Mr Read said the wool industry was also attractive due to high international trading and export demands.
“Almost all of Australian wool is exported in one way or another – the business is fundamentally an international and trading business,” he said.
“About 74% of Australian wool is processed in China. Approximately half stays in China and the other half exported to retailers around the world.
“It’s a complicated and exciting industry that would be very interesting for young people to become part of!”


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Apple (AAPL) reportedly might invest in a $100 billion fund being raised by Japan tech giant SoftBank (SFTBY), whose chief recently told President-elect Donald Trump that half of the fund would be invested in the U.S., helping to create 50,000 jobs.
The Wall Street Journal reported Monday that Apple has held talks about investing in the fund.
Apple, the world's biggest company by market cap, holds more cash than any nonfinance company, and will end the year with more than $250 billion in cash and equivalents, according to Moody's Investor Service.
The great majority of that cash is held overseas, but Trump has proposed a one-time 10% repatriation tax on profits of U.S. corporate foreign subsidiaries, down from 35%, a move that could enable not just Apple, but also big overseas cash holders such as Microsoft (MSFT) and Google-owner Alphabet (GOOGL), to bring much of those assets back home.
IBD'S TAKE: SoftBank is just traded over the counter in the U.S., but China's Weibo is U.S. listed and is among the stocks that institutional investors are buying, as you can learn from the IBD Stocks That Funds Are Buying listing.
Apple and SoftBank have discussed an investment of up to $1 billion, the WSJ said, citing people familiar with the matter who cautioned that nothing has been finalized.
This month, Trump said on Twitter (TWTR) that SoftBank CEO Masayoshi Son would invest about some $50 billion in the U.S., after the two had spoken. Son told reporters the funding would go to U.S. startups.
Son is putting together the fund, which would be the largest such investment fund ever, along with the government of Saudi Arabia. The Arab nation is finalizing an investment of about $45 billion in the fund, the WSJ reported, while SoftBank would invest at least $25 billion.
SoftBank, the majority owner of U.S. wireless services firm Sprint (S), had been the exclusive seller of the Apple iPhone in Japan for a period of time shortly after Apple released its first smartphone in 2007.


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Popeyes to open in Binghamton
Binghamton’s Main Street is set to become home to a new fast food chain.
Popeyes Louisiana Kitchen is slated to go up at 162 Main St., the former site of Sir Plus.
The roughly 18,100-square foot Sir Plus building was recently torn down, leaving behind a rubble-filled construction zone.
Binghamton’s Department of Planning, Housing & Community Development approved plans for the demolition of that building and the construction of a 2,695-square foot drive-thru restaurant earlier this year.
The city on Tuesday confirmed the restaurant is the fried chicken chain Popeyes.
The chain will open on a stretch of Main Street that is home to a number of other fast food restaurants. The property is directly next to Wendy’s, across the street from McDonalds and a few steps down the road from Kennedy Fried Chicken.
A representative from Popeyes could not be reached for comment on a timeline for the restaurant’s opening.
Follow Megan Brockett on Twitter @PSBMegan.


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Sony presented a new Ultrabook. Appointed Vaio T14, it will be the standard bearer in its category when Windows 8 is released.
In appearance, the T14 does not revolutionize the genre. It even adopts a design similar to that of the current Vaio T13, in metal and plastic.
His name T14 was not chosen at random. This is a 14 inch Ultrabook. Its chassis being larger than that of its elder, it embeds an optical drive, but not more connectors. This will be done with two USB ports (including a USB 3.0), an HDMI output, an Ethernet port, an audio output and a VGA port.
Several configurations will be available. If we do not yet know the content, we can easily say that they will all be equipped with processors Ivy Bridge, latest generation of Intel Core iX. The Vaio T14 is expected to hit the US market this month starting at $ 670. It has not yet received a date for its release in France, but we bet that it will be available in the wake of Windows 8.
After the announcement, Sony added that its T13 would soon be available with a touchscreen. This option will slightly increase the weight of the machine and the invoice. Count a hundred euros more.


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3,200 per cent returns: This multibagger micro
Captain Pipes Ltd, a leading player in the PVC pipes industry, has announced the receipt of its highest-ever monthly export order amounting to USD 3,60,000 in August. The company is aiming to increase its share of export revenue in total revenue from 12 per cent in FY23 to 20 per cent within the next three years.
Commenting on the receipt of the export order, the Management added: “As a growing player in the PVC pipe industry, Captain Pipes Ltd. has accomplished yet another significant milestone. With immense pride, we confirm the reception of our largest monthly export order to date, with a substantial value of USD 3,60,000. Our dedication to excellence, innovation, and customer satisfaction is exemplified by this accomplishment. It is our commitment to provide high-quality products adhering to industry standards as we continue to expand our global footprint. Our strategic aim is to elevate the share of export revenue within our total revenue from its current 12 per cent in FY23 to 20 per cent over the course of the next three years. This endeavour showcases our confidence in the demand for Captain Pipes' superior products on the international stage.”
On Tuesday, shares of Captain Pipes Ltd gained 0.81 per cent to Rs 25.99 per share with an intraday high of Rs 26.69 and an intraday low of Rs 25.90.
Captain Pipes Ltd is engaged in the business of manufacturing and selling UPVC pipes and fittings. The company has a market cap of Rs 362 crore. The company reported positive numbers in its Quarterly Results and annual results. In FY23, the company ex-traded bonus shares in the ratio of 2:1 and stock split from a face value of Rs 10 to a face value of Rs 1.
DSIJ's Penny Pick service provides research-backed penny stock recommendations below Rs 100. If this interests you, you can download the service details here.
The stock gave multibagger returns of 280 per cent in just 1 year and a whopping 3,200 per cent over the span of 3 years. Investors should keep an eye on this micro-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.Captain Pipes LtdQuarterly Resultsbonusstock splitmultibaggermicro-cap