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Tag: Interesting Facts

  • Murari Lal Jalan: The Mysterious Owner of Jet Airways

    The Indian aviation industry and the entire world were baffled when a mysterious man decided to revive Jet Airways when the airline was in massive debt which was the aftereffect of its financial troubles.

    Jet Airways is one of the most prominent Indian airlines founded on 1st April 1992. It has been one of the largest airlines in India. Things were revealed to be going not so well in the business, when Naresh Goyal ceased the operation of the airlines on 17th April 2019. Jet Airways was reported to be bankrupt due to Goyal and Etihad Airways’ inability to pay more money to the airlines for any promotion. Many employees lost their jobs in the time span. During these years, many banks tried their best to recover their dues from the airline service provider. Nothing seemed to be going well for them.

    The UAE-based businessman, Murari Lal Jalan came as a blessing for Jet Airways along with Kalrock Capital when they decided to revive the airlines. People were extremely curious about him and the entire deal that led to the change of ownership of the airlines. Kalrock Capital applied for the resumption of Jet Airways on December 13, 2021, and got approval from the Ministry of Civil Aviation to start its operations until the Supreme Court ordered the liquidation of Jet Airways on November 7, 2024, officially ending any hopes of reviving the airline over five years after it went bankrupt.

    However, the mystery behind the man who came as a superhero, Murari Lal Jalan, needs to get solved. Therefore, in this article, we will talk about the owner of Jet Airways, Murari Lal Jalan, and will find out more about him. So, let’s get started.

    Murari Lal Jalan – Biography

    Name Murari Lal Jalan
    Born August 1, 1964
    Occupation Business
    Known as The owner of Jet Airways
    Net worth $200+ Million (2021)

    Murari Lal Jalan – Early Life
    Murari Lal Jalan – Career
    Jalan and Kalrock Capital Partnership to Revive Jet Airways
    Interesting Facts about Murari Lal Jalan
    Murari Lal Jalan – The Future Plans with Jet Airways

    Murari Lal Jalan – Early Life

    Murari Lal Jalan was born in Jharkhand, whose business interests are spread across diverse segments including mining, real estate, travel and tourism, trading, fast-moving consumer goods, industrial works, and now aviation. Murari Lal Jalan maintains a low profile among the business community, whether it’s in India or abroad. In February 2021, after almost a year Jet Airways was shut down. Jalan proposed to the promoters of Jet Airways in order to start a full-service airline in the country.

    Murari Lal Jalan – Career

    Paper Trading Business

    Murari Lal Jalan began his career in the paper trading business in Kolkata in the 1980s, where he worked as a trader for JK Paper and Ballarpur industries. In 2003, in the hopes of expanding his business, he acquired a Kolkata-based Kanoi Paper & industries, which was later renamed, Agio Paper.

    In 2010, Murari Lal Jalan encountered a setback when he received a lawsuit from Government agencies against his paper company, for violating pollution in the nation. The company had suspended its production since then, and he focused on some other businesses to thrive well.

    Real Estate and Health Care

    In 2015, Jalan stepped into the Healthcare sector and acquired Dr. Naresh Trehan and Associates Health services by investing Rs 75 Crores in the company through a secondary share sale transaction. They planned to establish a hospital in Dubai, but unfortunately, that plan wasn’t implemented in the future.

    After moving to UAE, he focussed on the Real Estate business and started his company MJ Developers, a firm, which mainly conducts its business in India, Brazil, and Russia. The headquarters of the company is situated in Dubai, UAE. MJ Developers is quite famous for developing residential properties in Uzbekistan.

    Chairman of Agio Image Group

    Murari Lal Jalan became the chairman of the Agio Image Group, which is renowned for selling photographic products to Konica, Sony, and Panasonic.

    Jalan and Kalrock Capital Partnership to Revive Jet Airways

    Step by step, Jalan grew his net worth by engaging in various sectors such as healthcare, mining, trading, and Real estate. However, his entry into the aviation business along with Kalrock Capital seemed almost sudden, which sounds like a zero-knowledge business to him. Besides, in an interview, he said that he has no experience in what he is doing in the aviation industry. He managed the finance for the bidding of Jet airways.

    In 2021, after two years of struggle to salvage Jet Airways, a revival plan was submitted by Kalrock Capital and a UAE-based businessman, Murari Lal Jalan, at the National Company Law Tribunal (NCLT). This way, it was revealed that Jet Airways would be revived after its shutting down. The Jalan Kalrock consortium has decided to make an investment of Rs 1375 crore in Jet Airways over the next two years.


    Interesting Facts about Murari Lal Jalan

    Some of the interesting facts about the mysterious man, Murari Lal Jalan are:

    • Jalan is said to contract to have a partnership deed with the Patanjali Ayurveda owner – Baba Ramdev, according to the Indian Ministry of Corporate Affairs. Besides, it is cited that Jal had been involved in marketing Ayurvedic Products. Although, there is no concrete proof about it.
    • Murari Lal Jalan is said to be backed by Ajay Gupta, Atul Gupta, and Rajesh Gupta, the infamous trio also known as the Gupta brothers of South Africa. The trio is facing charges of corruption and has fleed the country to save themselves.
    • Murari Lal Jalan is a big fan of cricket and loves reading. Jalan delves into books between work and travel.
    • Murari Lal Jalan has been contributing to Uzbekistan’s transformation, especially in Namangan and Tashkent, through major investments in residential projects, luxury hotels, universities, and hospitals. His ventures support Uzbekistan’s market economy growth, helping shape the nation’s future.

    Murari Lal Jalan & The Jet Airways

    Murari Lal Jalan and Kalrock Capital initially considered starting a new airline but chose to go with the Jet Airways brand for its strong brand value and customer loyalty. Their revival plan aimed for Jet Airways to operate its previous domestic slots in India and resume international flights. However, the plan faced repeated delays due to COVID-19, financial challenges, and leadership changes. The consortium continued efforts to restart operations until November 7, 2024, when India’s Supreme Court ordered Jet Airways’ liquidation, officially ending the revival plans more than five years after the airline’s bankruptcy.

    Conclusion

    Although the man himself is a mystery and is surrounded by several rumours, Murari Lal Jalan cannot be ignored as he had the ownership of India’s one of the largest and most prestigious airline industries- Jet Airways. He along with Kalrock Capital planned to bring Jet Airways back from the dead by investing an additional $12 million to revive the airline as promised. However, India’s Supreme Court later ordered Jet Airways’ liquidation, ending any hope of its return more than five years after bankruptcy. This decision marked the official end to Jet Airways’ revival journey under Jalan’s leadership.

    Who is the owner of Jet Airways?

    U.K-based Kalrock Capital Partners and Murari Lal Jalan are the present owners of Jet Airways.

    What is the net worth of Murari Lal Jalan?

    The net worth of Murari Lal Jalan is approximately over $200 million as of 2021.

    How many aircraft does Jet Airways have?

    Jet Airways once operated with a fleet of 97 aircraft.

  • Top 15 Interesting Facts About Tata Group That You Might Not Know About

    Being one of India’s oldest and biggest Groups, the Tata Group is an Indian-based multinational, multi-industry company founded by Jamsetji Tata in 1868. It was founded as a private trading firm. The Group incorporated with the Indian Hotels Company in 1902 to commission the first luxury hotel in India – the Taj Mahal Palace & Tower.

    After the death of Jamsetji Tata, his son Dorabji Tata became the chairperson of the Group. Under his leadership, the Group vastly expanded in several industries such as steel, electricity, education, consumer goods, and aviation.

    Under the leadership of Jehangir Ratanji Dadabhoy Tata (J.R.D.) The company grew in new sectors such as chemicals, technology, cosmetics, marketing, engineering and manufacturing, tea, and software services and now the company is an Indian multinational conglomerate. Let us look at some of the interesting facts about Tata Group.

    1. Tata Group Is Recognized Worldwide
    2. Tata Group Built the Country’s First Indigenous Car
    3. Tata Built the First Sports Car in India
    4. Tata Supplies Defense Vehicles to the Indian Army
    5. Tata Built the World’s Cheapest as Well as Costliest Car
    6. Tata Group Has Never Invested in the Alcohol or Tobacco Business
    7. Tata Group Has Never Sponsored Any Bollywood Movie
    8. The Tata Brand Has Been a Pioneering Brand of Many Services
    9. Tata Motors Owns Jaguar Land Rover
    10. The First Trucks of the Tata Motors Had the Mercedes Logo
    11. Tata Steel Acquired the Corus Group in 2007
    12. The Tata Logo Has a Unique Meaning
    13. Tata Group Was the 5th Most Valuable Corporate in Asia
    14. Tata Group Was Included in a Legal Battle by Its Chairman
    15. Tata Group Brought Starbucks to India

    1. Tata Group Is Recognized Worldwide

    This huge company is not only present in India. However, the Tata Group has a market presence all over the world in 175 countries. It is well recognized in the car industry with more than 8.5 million vehicles of the Tata brand.

    Tata Group serves a worldwide area and also has its products and services spread out across 6 continents. The company has around 29 products and subsidiaries spread across multiple areas.

    2. Tata Group Built the Country’s First Indigenous Car

    India's First Indigenous Car - Indica
    India’s First Indigenous Car – Indica

    So many foreign car brands have entered India. But you will be amazed to know that India’s first indigenous car was manufactured in 1998. The Tata Indica is a passenger hatchback car equipped with a 1396 cc diesel engine. This car became a hit instantly.

    The Tata Indica was a kind of supermini car with more than 910000 units being produced by August 2008. The same model car had annual sales reaching up to 144690 units by the year 2008-2009. However, the model was discontinued in April 2018. s

    3. Tata Built the First Sports Car in India

    Tata Racemo
    Tata Racemo

    The Racemo was India’s first sports car which was built by Tata Motors under the badge of its sub-brand Tamo. It has a 190 PS engine that can go up to 100km/hr in 6 seconds. It was unveiled at the 87th Geneva Model Show.

    The Racemo was thought to be built in two different models. One was based on roadways and the other one was for the track ready. The final limited number of models that were estimated to be made was around 250 units. However, due to cost issues, the model was halted.

    4. Tata Supplies Defense Vehicles to the Indian Army

    Tata Military Truck
    Tata Military Truck

    Tata has been supplying armored trucks and combat-ready vehicles to our Indian army for decades. Their military vehicles include Defence Combat Light Armored Multi-Role Vehicle, Defence Light Support Vehicle, Defence Futuristic Infantry Combat Vehicle (FICV), Defence Combat Wheeled Armored Amphibious Platform (WHAP), and Defence Combat Light Armored Multi-Role Vehicle.

    Ratan Tata: Life, Legacy & Philanthropy of a Business Icon | Awards | Education | Quotes | |
    Explore the impactful life and contributions of Ratan Tata, the iconic Indian industrialist and philanthropist who shaped modern India and inspired millions. The passing of Ratan Tata on October 9, 2024, at the age of 86, has left India in deep mourning.
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    5. Tata Built the World’s Cheapest as Well as Costliest Car

    Tata Nano
    Tata Nano

    Tata Nano, the world’s cheapest car costing 1 lakh was launched in 2008 by TATA Motors. It has a 624cc petrol engine which produces 37bhp of power and 51Nm of torque. The production of this car eventually stopped in 2019.

    The car was also introduced as the world’s first-ever gold jewelry car. It was made of gold, silver, and precious gems and was made to celebrate 5000 years of jewelry making in India. The car cost over INR 22 crores.

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    Tata Nano Case Study- Tata Nano Failure case study on what went wrong with Tata Nano to attract customers despite being termed as the ‘people’s car’.
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    Tata Gold Jewellery Car
    Tata Gold Jewellery Car

    6. Tata Group Has Never Invested in the Alcohol or Tobacco Business

    Although, intoxicants have a greater business in a country like India. Though the company had expanded its business in various areas, it never invested in tobacco and alcohol.

    Tata Group has stayed true to its value even after so many years of its establishment. Tata Group has never ever invested in any alcohol or tobacco business. The same statement was stated by Tata Sons director J J Irani on 31 July 2010.

    7. Tata Group Has Never Sponsored Any Bollywood Movie

    Many huge companies try to invest once in the entertainment industry. But very interestingly Tata has never financed any Bollywood movies. But in 2003 the company co-produced the big-budget movie Aetbaar.

    The number of films produced by the Tata Group is still negligible. It is not a lie to say that Tata Group prefers to stay away from investing in Bollywood films until any exceptional moment arrives.

    8. The Tata Brand Has Been a Pioneering Brand of Many Services

    From providing the first branded salt to establishing the first steel mill in India, Tata established its strong base from the very start for our developing country. They also established five-star hospitality in India, IT services, power companies, etc.

    It was also the first to organize branded jewelry and the first to sell retail steel in India. Tata has around 29 different subsidiaries and their count keeps on increasing with the introduction of new subsidiaries in the market by the Tata Group.

    9. Tata Motors Owns Jaguar Land Rover

    After ascending as the chairman of the Tata Group, Ratan Tata played a crucial role in acquiring powerful businesses. One of them is the acquisition of Jaguar Land Rover.

    Jaguar Land Rover is a Britain automobile company that is a part of Tata Motors. It manufactures, designs, and sells cars of the same name. Tata Group acquired both companies from Ford and merged them in 2008.

    Tata Mercedes Trucks
    Tata Mercedes Trucks

    Tata Motors had a technical collaboration with Daimler Benz, a merged company that manufactures the Mercedes-Benz cars. Due to this, the first trucks produced by Tata had the Mercedes-Benz logo.

    Tata Group has been in the automobile field for a long course of time. The time started with the rolling out of Telco in 1954. The telco was the first truck manufactured by the Tata Group but with the logo of Mercedez on it.

    11. Tata Steel Acquired the Corus Group in 2007

    Tata completed one of the biggest corporate takeovers by acquiring the Anglo-Dutch steel manufacturer Corus Group in 2007 April. Tata acquired the company for £6.2 billion which is US 12 billion dollars.

    Corus Group is one of the biggest manufacturing and steel-producing companies in Europe formed in 1999. The Corus Group earlier was also formed after the merger of British Steel of the United Kingdom and Koninklijke Hoogovens of the Netherlands

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    Case study of Tata Group, an Indian global aggregate holding organization headquartered in Mumbai, established in 1868 by Jamsetji Tata. Read More!
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    12. The Tata Logo Has a Unique Meaning

    Tata Logo
    Tata Logo

    The Tata logo is designed by the popular Wolff Olins consultancy. Wolff Olin’s consultancy is a British advertising agency and corporate identity consultancy. The logo of Tata Group was designed with much thought and meaning behind it. It symbolizes fluidity and adaptability. The color blue stands for the excellence, reliability, and strength of the company’s products.

    The logo can also be interpreted as the fountain of knowledge, or a tree most probably a tree of trust under which people can take refuge. Irrespective of the interpretation, the logo has a deep meaning attached to it.

    13. Tata Group Was the 5th Most Valuable Corporate in Asia

    Even after facing many downfalls in the past decades. In 2015, Tata Motors became the 5th most valuable corporate brand in Asia due to its high net revenue and overall growth. Tata Group has also given much acknowledgment to its key person. Sir Jamsetji Tata also received the title of Hurun Philanthropist of the Century in 2021.

    Major points in the legal battle between Cyrus Mistry and Tata as per the article published by business-standard.com
    Major points in the legal battle between Cyrus Mistry and Tata as per the article published by business-standard.com 

    The Tata Group was led by Cyrus Mistry for a short period of 4 years. Cyrus Mistry was the second chairman of Tata Group with no “Tata” in the name.

    Cyrus worked as a Chairman for the Tata Group from 2012-2016 and was removed from the post in 2016 by the board of members. On the contrary, Cyrus approached the NCLT to file a case with the claim that the company is oppressing the interests of small stakeholders.

    He alleged the company of oppressing the minority shareholders and quoted his removal as an instance. The legal battle between Cyrus Mistry and the Tatas was in action for almost six years with the final decision given by the Supreme Court on May 2022. At last, the court rejected the reviewing petition filed by Cyrus and stayed firm on the verdict passed by the Supreme Court, which was in favor of Tata.

    15. Tata Group Brought Starbucks to India

    Starrbucks - A TATA Alliance
    Starrbucks – A TATA Alliance

    Under the leadership of Sir Ratan Tata, Tata Consumer Products Ltd. partnered with Starbucks Coffee Company in 2012 to bring the famous coffee brand to India. This joint venture introduced café culture to Indian cities, making Starbucks a popular spot for coffee lovers and adding to Tata Group’s international collaborations.

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    Conclusion

    Though companies are created and organized to make money and fame, the same is not the story for Tata. Jamsetji Tata built his company with the simple mission of “making people’s lives better”.

    It paved the way for all the industries that followed by acting as the pioneer of almost all of them. The revenue of Tata Group rose from $4 billion to $100 billion under Ratan Tata’s leadership from 1991 to 2012. With revenue of $165 billion as of FY24, the Tata Group stands as one of the biggest groups not only in India but all over the world.

    FAQs

    The meaning of the Tata logo is to show fluidity and adaptability. The blue color in the logo stands for the meaning of excellence, reliability, and strength of the company products.

    What makes the Tata Group unique?

    The Tata Group was the first one to introduce many new concepts in India. And more than that, the company looks for its value over any other possible aspect. All these aspects make the Tata Group unique from other similar companies.

    What is the main product of Tata?

    Tata has a list of approximately 30 Tata products including names like Tata Steel, Tata Enterprises, Titan, etc.

    What are the 5 Tata values?

    The 5 values of Tata are integrity, unity, responsibility, excellence, and pioneering.

    What is the revenue of Tata Group for FY24?

    With revenue of $165 billion as of FY24, the Tata Group stands as one of the biggest groups not only in India but all over the world.

  • The Secret Behind Mamaearth’s Success – Interesting Facts About Mamaearth

    Mamaearth is a company known for delivering absolutely non-toxic products in the competitive global market of FMCG companies. It was started by a husband-wife duo- Varun Alagh and Ghazal Alagh, in late 2016. Nowadays, India is thriving with startups, among which several are gaining status in the Unicorns list as well.

    Mamaearth has gained quite a prominent status as it has over 5 million Indian consumers across more than 500 cities. The company started with just six products in its catalog and has grown into extreme success with more than 225 natural and toxic-free products.

    Behind such success, there is a brief story starting from when the couple realized that the situation of baby products in the market is pretty rough and almost every product consists of toxic chemicals, which becomes quite dangerous for the babies. Just like this story, there are several interesting stories and facts about Mamaearth. So, let’s get started!

    Mamaearth Origin Story – From Parents to Entrepreneurs
    Interesting Facts About MamaEarth

    Mamaearth Origin Story – From Parents to Entrepreneurs

    Varun Alagh and Ghazal Alagh never thought of becoming millionaires or entrepreneurs. They were just a happy couple who just had a baby and struggled to raise their baby with the proper nutrition and products, keeping safety in mind.

    Their encounter with baby products was extremely tough as when they researched the composition of the product, they realized there wasn’t a single product that did not have toxic chemicals in it.

    About Mamaearth - Varun Alagh, Shilpa Shetty, Ghazal Alagh
    About Mamaearth – Varun Alagh, Shilpa Shetty, Ghazal Alagh

    This compelled them to launch a company that offers natural and toxin-free baby products, which later on came under the parent company Honasa Consumer Pvt Ltd, in Gurugram.

    Initially, Mamaearth started the company with just six products developed with the best natural and toxic-free ingredients. But soon, they gained massive success and expanded their products into multiple categories like skincare, haircare, and others for men and women across 80 SKUs (stock keeping unit). They grew into more than 80 products and nearly 12 new products in the lockdown period.

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    Interesting Facts About MamaEarth

    Initiative to Improve the World

    Mamaeath came with an initiative to make the world a better place for us and our children. It has organized several campaigns as well, such as ‘Let’s Recycle’ and #MyFirstGoodDeedOf2021, which gained massive success as they showed how they are working to conserve Mother Earth for the upcoming generation, and this majorly attracted the parents to the brand.

    Majorly Targets Mothers

    The fun yet strong fact about Mamaeath is its target audience is mothers. They believe that a mother knows the best, and once they are familiar with the quality of its products, they’d know how effective and honest this brand is.

    In fact, they launched a special campaign as well on the occasion of Mother’s Day – #MamaeathMummySong on their social media platform. This showed how important a place our mothers hold in our lives with an all-new peppy song about mothers.

    Mamaearth Promotional Campaign – Mummy Song

    Lean Innovation Cycle

    Mamaearth company is an FMCG company that works on the lean innovation cycle to achieve its current growth rate. This cycle basically launches, learns, and scales instantly, which helps them focus on consumer-specific needs identifications. With this approach, Mamaearth has gathered investments from Sequoia Capital India, Fireside Ventures, and Stellaris USD 23.3 million.

    The revenue model of Mamaearth company is entirely based on the sale of its products to consumers through its direct-to-consumer and e-commerce platforms. Moreover, Mamaearth has gained huge success in the past few years and is thriving in segmenting, targeting, and positioning.

    The Unique and Successful Business Model of Mamaearth
    Mamaearth’s amazing products helped them to reach great heights. They have understood their customer’s needs properly and served those needs in an excellent way.
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    Competent in the Market

    In such stiff competition in the market, with popular brands such as Johnson & Johnson, Headspot, Ulta Beauty, Sehatand, and others, Mamaearth stands in a steady position. In an interview, when asked about the fight against such brands, Varun Alagh – CEO and founder of Mamaearth, replied, “Mamaearth provides superior and safer products as compared to any other brand in the market.”

    It works on educating the consumer about the chemicals involved in the composition of other products in the market and elaborates on the benefits of using their products.

    The customer acquisition strategy is entirely based on digital content. Therefore, it enlightens the consumer on the issues their products tackle and how their products are best in the market.

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    Establishing Trust and Credibility

    Information About Mamaearth Products
    Information About Mamaearth Products

    Mamaearth is committed to transparency and provides detailed ingredient lists, product information, and testimonials from satisfied customers on its website. This commitment to openness helps customers feel confident that they are making informed decisions about their purchases.

    Mamaearth has obtained various certifications and affiliations, such as MadeSafe, Allergy UK, PETA, and ECOCERT, to validate its claims of product safety and quality. These certifications provide third-party validation of the brand’s commitment to natural ingredients and safe manufacturing practices.

    Mamaearth is committed to social responsibility and supports various environmental and social causes. This commitment to giving back helps the brand connect with its customers on a deeper level.

    Growth and Distribution Strategy

    Mamaearth began as an online brand, utilizing e-commerce platforms to attract a larger audience. However, they gradually increased their distribution methods by entering offline retail and partnering with physical businesses. Mamaearth was able to cater to varied consumer tastes and increase its reach across India and globally because of its omnichannel approach.

    Mamaearth’s growth has not been limited to India. They have strategically expanded their presence beyond borders, entering markets like the United States, the United Kingdom, and the Middle East. This internationalization has further fueled their growth, allowing them to cater to a global audience seeking natural and toxin-free personal care products.

    Mamaearth’s IPO

    Information About Mamaearth's IPO
    Information About Mamaearth’s IPO

    The one thing to know about Mamaearth company is that Honasa Consumer Limited, the parent company, had an Initial Public Offering (IPO) in October 2023. The IPO was oversubscribed by 7.6 times, raising ₹1,701.44 crores (US$209.7 million). The shares were listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) on November 7, 2023.

    The IPO was priced at ₹308 to ₹324 per share. The minimum order quantity was 46 shares. The IPO was open for subscription from October 31 to November 2, 2023.

    The IPO was led by Qualified Institutional Buyers (QIBs), who subscribed 11.5 times their allotted quota. Retail investors subscribed 1.4 times their allotted quota, and non-institutional investors subscribed 4.02 times their allotted quota.

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    Conclusion

    Mamaearth is a brand that comes in the need of every parent, and over the years, it has grown into a massive 100-crore company. It is certified by Made Safe, a US-based non-profit organization that majorly focuses on human health and develops products that are absolutely free of any toxic chemical composition and entirely natural.

    Their products are clinically tested for hypoallergenic toxins, dyes, artificial fragrances, or anything that can harm the consumer. Last December, the company gained the status of a unicorn, with the fund gathered of $37.5 million. Stay tuned for more content!

    FAQs

    What is special about Mamaearth?

    Mamearth is one of the few D2C skincare brands in India that provides toxin-free products for babies. It is also one of the 1st Asian brands with a “MADE SAFE” certification.

    When was Mamaearth launched?

    Mamaearth was launched in 2016 by Varun Alagh and Ghazal Alagh when they couldn’t find any toxin-free products for their baby.

    Mamaearth is from which country?

    Mamaearth is an Indian unicorn brand headquartered in Gurugram, Haryana. The parent company of Mamaearth is Honasa Consumer Pvt Ltd.

    Mamaearth has how many product SKUs?

    Mamaearth had 225 SKUs at the end of the six-month period ending September 2022.

  • Surprising Facts About TikTok

    TikTok, one of the most valuable media brands worldwide, has a brand value of $66 billion in 2023, $59 billion in 2022, and $18.75 billion in 2021. It is a China-based video-sharing social networking startup owned by the Chinese company ByteDance. TikTok allows users to upload a variety of short-form videos, from genres like dance, comedy, and education. The duration of the videos has been expanded to 10 minutes from 3 minutes (originally 1 minute).

    This application gained popularity in a very short period. It became extremely hyped among teenagers. As of now, it has over 1.5 billion monthly active users worldwide. TikTok is the next big thing!

    Top 10 Stats to Know About TikTok
    Top 10 Stats to Know About TikTok

    Here is a quick snapshot of key TikTok insights:

    • Origin: Started as Douyin in 2016 by Chinese tech company Bytedance. Launched internationally as TikTok in September 2017. Became popular in China before its international expansion.
    • User Base: Over 1.5 billion active monthly users globally (Q3 2022). Combined with Douyin users the user base exceeds 2 billion.
    • Daily Video Views: Over 1 billion videos are viewed daily on TikTok. Content diversity and creator tools contribute to this engagement.
    • Social Media Ranking: 6th most popular social media platform globally.
    • Download Numbers: Over 3.5 billion total downloads since launch. Most downloaded app in 2022 with 571 million downloads (Q1-Q3).
    • User Age Range: 25-34 age range accounted for 25.4% of US TikTok users in 2022. Combined with the 18-24 demographic, 49.3% of users were adults aged 18-34.
    • Engagement Rate: TikTok’s engagement rate is higher than Instagram, YouTube, and Facebook. Micro-influencers achieve around 18% engagement.
    • Global Reach: 20.83% of internet users worldwide (4.8 billion) were on TikTok in 2022. It’s available in 154 countries and translated into 75 languages.
    • User Frequency: 90% of TikTok users access the app daily. Higher user engagement is due to addictive content and relevance.
    • Indian Ban: Banned in India but still available in 154 countries.

    Here are some more amazing facts about TikTok that you probably didn’t know about:

    Around 49.3% of TikTok users are aged 18-34
    TikTok was initially named Musical.ly
    TikTok is banned in India
    Time-management feature in TikTok
    Around 34% of all users post each day on TikTok
    An average TikTok user spends 50 minutes or more daily
    TikTok is used in 154 countries
    TikTok is used more by women than men in the United States
    More than 1.5 billion people use TikTok
    Songs and Dance trends have gone viral due to TikTok
    Most-followed TikTok creator worldwide
    Highest-earning TikTok creator worldwide

    Around 49.3% of TikTok users are aged 18-34

    TikTok is predominantly used by younger age groups. But it’s no longer just an app for teens. The 25-34 age group accounted for 25.4% of TikTok users. When combined with the 18-24 age group which is 23.9%, adults in the 18-34 age group accounted for 49.3% of US TikTok users. Also, the age group of 12-17 accounted for 17.7% of US TikTok users in 2022.

    TikTok was initially named Musical.ly

    One morning Musical.ly users woke up and were surprised to see the app replaced with a new name and a brand new logo! TikTok was named Musical.ly and was again renamed in August 2018.

    Bytendance’s parent organization, TikTok got it for a billion dollars in the wake of seeing the accomplishment of the application Musical.ly. Then the two apps were merged and another application called TikTok was created. Today, TikTok App is valued at $400 billion.

    TikTok is banned in India

    TikTok, the short-video streaming application, was a momentous accomplishment in India when it was released in September 2016, TikTok was permanently banned in India in August 2020 over public safety issues.

    India had nearly 200 million users and the fast-growing community suffered a massive blow from this decision. It has been a year since the boycott, and the app, presently neglected and criticized, was once a source of income for some content creators.

    Time-management feature in TikTok

    TikTok’s Screen Time Management feature offers its users the flexibility to decide the amount of time they spend on TikTok daily. Users can now limit their screen time on TikTok with the help of this feature.

    At first, TikTok offered users the chance to restrict screen time to two hours of the day. Presently, users can choose new time limit points of 40, 60, 90, or 120 minutes and choose how long they need to spend on the application each day. This feature is password-encrypted, and valid for 30 days.

    If users exceed their screen time limit, they must enter their security password to keep using TikTok. This feature can be found in the Privacy and Settings, under the part Digital Wellbeing section.

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    Around 34% of all users post each day on TikTok

    In comparison to other social media apps, TikTok has more actively engaged users. Around 34% of all users upload at least one video each day. Like some other social stages, you will develop your crowd by posting consistently. This is because of TikTok’s algorithm- Posts of users with no followers can also go viral and reach millions of people in a day.

    TikTok gives its clients an extraordinary natural reach. The TikTok analytics is incredibly sharp and shows what people demand to see.

    An average TikTok user spends 50 minutes or more daily

    A normal TikTok user spends an average of 50 minutes each day on the application every 24 hours. These users revisit the app several times a day to share content with their friends and post them on other social media platforms.

    This data can be viewed as generally significant to those endeavoring to benefit from Ad income and is a good insight to use when promoting plans for brands that are on TikTok. That number is at par with Facebook and Instagram and shows an excellent future for the application.

    The application organizers mainly focus on developing an engaging and addictive application. TikTok is particularly addictive, and several users spend a couple of hours every day scrolling through it.

    TikTok is used in 154 countries

    TikTok has 122 million users based in the United States of America solely, which is the highest by country. Douyin, the Chinese version of TikTok, is one of the most popular apps in China. It has over 700 million daily active users. The TikTok stage has been particularly invited in other Asian nations like Japan, Vietnam, Malaysia, Indonesia, and Thailand.

    Countries With the Largest TikTok Audience as of July 2023
    Countries With the Largest TikTok Audience as of July 2023

    TikTok is used more by women than men in the United States

    TikTok insights show that 60% of its dynamic users are females while the rest are men. Furthermore, the females are additionally comprised of more individuals between 20 to 29 years old than those between 13 to 19 years.

    More than 1.5 billion people use TikTok

    As indicated by TikTok insights, more than 1 billion individuals overall are regularly using TikTok. That is much more than Twitter, LinkedIn, and Snapchat.
    Long gone are the days when TikTok was just a lip-syncing video app.

    Today TikTok has over 1 billion monthly active users worldwide and more than 138 million monthly users in the US, and this number is increasing every day.

    Many dance trends and songs have turned into web sensations because of the TikTok application. Because of the adaptability that TikTok awards its users, numerous viral online video trends have effectively developed since the worldwide arrival of the application.

    The music used by lip-syncing videos and dance trends on TikTok has also become a web sensation on music-sharing applications, for example, Spotify because of TikTok’s free usage of the audio content. Furthermore, sound from any media can likewise be used on TikTok like TV talk and live recorded media.

    Most-followed TikTok creator worldwide

    As of August 2023, Khaby Lame is the most-followed TikTok creator worldwide with over 162 million followers.

    Highest-earning TikTok creator worldwide

    As of August 2023, Charlie D’Amelio is the highest-earning TikTok creator worldwide.

    FAQs

    TikTok is a popular app for creating, watching and sharing short videos. The app is entertaining, addictive, and very engaging. One can get viral over a short time and be a TikTok star. One can generate income as well from TikTok.

    Who is the founder of TikTok?

    Zhang Yiming is the founder of TikTok.

    What is the valuation of TikTok?

    As per estimates, the valuation of TikTok is over $50 billion and its parent company ByteDance is worth over $300 billion.

    Which country has the most number of TikTok users?

    With over 138 million users, the US has the most number of TikTok users.

  • Interesting Facts About Nokia Which Will Surprise You

    Lately, the world has graduated from the playschool era. Pigeons are now substituted with a gadget called ‘Mobile’. The stakeholders keep on trying to evolve and lurch past the pace of the cosmos. In the meantime, there are a lot of things that came into the limelight after someone or the other discovered them.

    One such profound discovery is the mobile phone. Nowadays most commonly known as a smartphone, was first discovered in 1973 in its basic form. The model was not a lot smart but was like a well amid a desert.

    Nokia is one such company that is famous worldwide for its range of mobile phones. Nokia’s products were like a wand of magic for the former generation of people. It is one of those very few companies which helped people connect sitting far away from each other. So let us today have a look at some wonderful facts about the company which was loved the most by our father generation. But before we savour the delicious facts, let us just have a brief glimpse of the company’s highlights.

    List of interesting facts about Nokia

    1. Origin
    2. Naming
    3. Branch Business
    4. Tune
    5. The Curse of number 04
    6. I Am Invincible
    7. Model 8801
    8. First GSM Phone Call
    9. Snake Mania
    10. First Camera Phone
    11. SMS Tones
    12. Admirable Rank
    13. Market Valuation
    14. Achievements
    15. Best Wing Spiker

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    List of interesting facts about Nokia

    Now, let us dive deeper into the facts that we have mentioned just above. Knowing about the details is going to be a really fun activity now and we hope you get amazed by every sub-point.

    Origin

    The company took its very first breath in the year 1865. There is a slight twist here though. The company didn’t start as a mobile-producing giant. It was instead a paper mill. The company produced paper pulp in Finland. Fredrik Idestam had set up this factory then. After a few years in 1871, with the help of his friend Leo Mechelin, the paper pulp company transformed into a share company. After that, the name Nokia came into the market.

    Naming

    The company was built on the bank of the Nokianvirta River and that’s why the founders named it Nokia.

    Nokia – Pulp Mill

    Branch Business

    Nokia was established as a pulp mill on the shore of Tammerkoski.  It has other branches like Nokia rubber boots and cable works and in modern times Nokia is famous for its durable mobile phones. These branches together formed the Nokia cooperation.

    Nokia rubber boots
    Nokia rubber boots

    Tune

    Many people must have heard about the famous guitar work named ‘Gran Vals’ of the 19th century. It was done by a Spanish musician Francisco Tarrega.  From here the tune arrived for Nokia in 1999.

    Nokia Tune Evolution

    The Curse of number 04

    It is a very common belief in most parts of Asia that the number 04 resembles the sound of absolute death. The production team of Nokia keeps the same in mind and till now has not made a single model of Nokia which starts from the number 04.

    Model 8801

    Nokia Model 8810
    Nokia Model 8810

    When we talk about the first phone without an external antenna attached to the phone, it’s too obvious that model 8810 of Nokia comes flashing in front of the eye. It was the first Nokia set that had no external antenna to it. It was launched in 1998 and was the most luxurious mobile back then. Adding more spices to it, it also had chrome plating.

    I Am Invincible

    Nokia 3310 is no less than Thanos of Avengers. It is more commonly and widely known as the ‘Unbreakable phone’ of history. It had the best durability back then. The fun fact is that people used to throw their phones with loud confidence to show off their durability.

    First GSM Phone Call

    In Helsinki city of Finland on 1st July 1991, the world’s first GSM phone call was made. The call was made by the honourable prime minister of Finland, Mr Harris Holkeri using a model of the Nokia company.

    Snake Mania

    Nokia Snake Mania
    Nokia Snake Mania

    Every child wishes to get a phone which has a pre-installed game in it which he/she can play without spending a dollar. Nokia 6110 was the dream-comes-true set for game lovers. It came with a pre-installed snake game which became very popular and was loved by all and is still missed by many people who were once a child back then.

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    First Camera Phone

    The first camera phone from the Nokia house came in the year 2002 its model number is 7650. Though it only had a camera of 0.3 megapixels.

    SMS Tones

    It is a very interesting fact that the SMS tone of Nokia is a morse code that is used for ‘connecting people and SMS’.

    Admirable Rank

    As per a list of 2006 survey, Nokia was the 20th most admirable company in the world.

    Market Valuation

    As per the last calculation in the year 2019, Nokia had a net worth of 15.4 billion euros.

    Achievements

    The achievements and awards of Nokia are listed below –

    1. World’s most ethical company in 2021 by Ethisphere
    2. National Academy of Television Arts and Sciences in 2020
    3. Best secured network initiative in 2019

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    Best Wing Spiker

    Nokia 9 is the till date best model of Nokia with 5 cameras and a decent processor.

    Conclusion

    Nokia has been one of the best mobile-producing companies in the world along with other branches of it. It has always stood on the expectations and is best known for its camera features. The people of the 90s still brag about how they used to use Nokia phones back then. Nokia is not just a company but is an emotion for its regular users.

    FAQs

    When and where Nokia was founded?

    Nokia was founded on 12 May 1865 in Tampere, Finland.

    When did Nokia start making mobile phones?

    Nokia introduced its first mobile phone in 1987, Mobira Cityman 900.

    What products are made by Nokia?

    The list of products by Nokia Technologies is as follows

    • Wi-Fi routers
    • Digital audio
    • Smart TVs
    • Smartphones
    • Tablets
    • Feature phones
    • Operating systems

    What was the first Nokia phone?

    The first mobile phone was the “Mobira Cityman 900” for NMT– 900 networks.

    Where is Nokia made?

    Nokia is a Finland-based Finnish multinational company.

  • 11 Unknown Facts About Oracle That Will Amaze You

    The worth of computers and software has reached sky-high in this present era. Technology holds an equal necessity in a person’s life as oxygen. Instinctively the competition to maintain a firm grip in the market prevails too. That’s where the software companies come in. Oracle corporation among them grabs our focus.

    Oracle is a computer technology corporation. It’s an America-based company that has its headquarters in Austin, Texas. Initially, Redwood shores, California was where the company had its headquarters. It was in December 2020 when Texas housed its new headquarters.

    Software and technology databases, systems usually operable by cloud, and database management systems precisely of its brands are some of the things which this company sells. Now before diving into some of the unknown facts about Oracle, let’s have a look at the stars.

    Now every material in this universe has its own story, its history, accurately it’s unknown or interesting facts if we say. So following are some of the fascinating facts that magnets our interest:

    1. The Original Name of Oracle
    2. The Story Behind “Oracle”
    3. Oracle Has More Than One Founder
    4. Oracle Founder-Ellison’s Attendees
    5. Oracle Faced bankruptcy
    6. Co-founder of Oracle- The Richest Man in California
    7. The Different Oracle Team
    8. Oracle and Its Reach to Java
    9. The Prime Oracle
    10. The Feud Between Oracle and Google
    11. A Difference in the Thoughts of Two Great Personalities

    1. The Original Name of Oracle

    Oracle Logo
    Oracle Logo

    One of the most popular software companies in today’s world addressed as “Oracle” was not intended to be named Oracle. Instead, the name Oracle can be considered the third name was given to the firm.

    In 1977 originally the company was addressed as a “Software Development Laboratory”. Following this, in 1979 the name was reshaped to “Relational Software Inc”.  Later in 1995 the company finally was named Oracle corporation after a winning success over a project.

    2. The Story Behind “Oracle”

    The company was renamed Oracle after completing its first assignment in 1995. The earlier company was known as Relational Software Incorporation. However, when the CIA handed the company its first project, the firm went on to change its name after the completion of the task.

    The first project was assigned to design a relational database system. The code name assigned for this project was “Oracle” hence the company drew its name from this project.

    3. Oracle Has More Than One Founder

    Oracle Founders: Bob Miner | Larry Ellison | Ed Oates
    Oracle Founders: Bob Miner | Larry Ellison | Ed Oates

    Oracle is highly addressed by its former CEO Larry Ellison. However, the company Oracle took more than one person’s effort to be built up. Oracle originally has three founders named Bob Miner, Ed Oates, and Larry Ellison. Yet, the firm is known by the name of its sole former CEO only named Larry Ellison.

    4. Oracle Founder-Ellison’s Attendees

    Ellison was brought up by his single mother’s uncle and aunt. The status of Oracle was highly maintained and developed by its co-founder Larry. However, the unknown fact about Larry Ellison is that he was not a normal kid and was counted amongst the sick kids.

    It is reported that at the age of nine months, Larry fell prey to pneumonia and hence was given up to his aunt for adoption by his mother. Lillian Spellman and Louis Ellison his aunt and uncle officially adopted him and raised him in the middle-class neighborhood. Irrespective of the odds, Larry Ellison made up his future.

    5. Oracle Faced Bankruptcy

    Irrespective of the name and fame achieved by Oracle today. Oracle also owns some of the downs to get to the position it stands today. In the 1990s bankruptcy hit Oracle with full force due to some legal lawsuits making them discharge employees. However, this phase soon passed by and Oracle grew stronger and better than before.

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    6. Co-founder of Oracle- The Richest Man in California

    Larry Ellison- The co-founder of Oracle
    Larry Ellison- The co-founder of Oracle

    The 22.5% shareholder of his company, Larry Ellison is titled the richest man in California. The majority of his wealth takes birth from these shares.

    Larry Ellison holds a 22.5% share of his company Oracle creates a way for other wealth to be created from the available shares. Along with that, Larry is known to own 98% of an Island. Hawaii’s sixth-largest island, “the Lanai” is estimated to be owned by Larry Ellison.

    Along with the beneficiary shares and some splendid properties, Larry Ellison is also known to own two military jets with some number of aircraft. The most interesting point is that he is a certified pilot.

    Apart from being rich, Larry is counted amongst the most influential people across the globe. As per the reports, it was rumored that the wedding picture of Larry Ellison and Melanie craft was taken by another most influential personality in the world, “Steve Job”.

    Even for a brief period, Larry Ellison topped the list of being the richest person around the world in the year 2000. In addition to that, he was also ranked as the highest-paid CEO on the Forbes list in 2014.

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    7. The Different Oracle Team

    Golden state warriors team
    Golden state warriors team

    The Golden state warriors, a professional basketball team, is known to be sponsored by the Oracle. The team is in Oakland, California. With its home court at Oracle Arena previously addressed as Oakland Arena.

    The first-ever commercial version of Oracle was titled Oracle 2. This was Larry’s idea to make people believe that any unwanted bugs were already dumped out of the product.

    Facts about Oracle

    8. Oracle and Its Reach to Java

    Computer languages are quite complicated to excel at. However, if to be believed. It is estimated that Oracle was the first company to excel at Java Programming. It is believed that Oracle was the first and foremost company to fully embrace Java programming in 1998.

    9. The Prime Oracle

    Oracle itself is a huge franchise and now stands on the supremacy of owning 57 different companies. With this Oracle as of today has more than 70 million users worldwide.

    Contrary to the time of bankruptcy, Oracle now employs 143,000 employees (2022) around the world.

    10. The Feud Between Oracle and Google

    Oracle is a well-established company highly acknowledged for its terms and policies. Irrespective of the opposite party, Oracle believes in following the rules. In 2010 Oracle sued the world’s popular Google for using Java APIs without the prior consent of Oracle.

    11. A Difference in the Thoughts of Two Great Personalities

    A deep unknown fact lives that Larry deeply hated Microsoft.  Apart from being a proud former CEO,  believed that his reasons for hating Microsoft were justifiable. He thought that Bill Gates and Microsoft suppressed the full use of the internet. Moreover, they failed to provide a complete service on the internet. In other words, they were not using the internet to its full capacity but rather were fooling people by misleading them.

    Conclusion

    Therefore, can it be concluded that for a super successful company it is necessary to have an arrogant CEO? Yes, probably or probably not. But having a clear vision of what we want, and what we are determined for would always help us achieve our goals in the long run. Check the above context for some mind-blowing facts on Oracle.

    At the same time leveling up with our rivals, not making the mistake to underestimate them, or giving them any chance to overtake us is what makes us an ultimate competitor. Hence stands “The Oracle” helping this world to keep up the pace with advanced technology and convert every complex 24 hours into simpler and convenient ones.

    FAQs

    What is Oracle most known for?

    The Oracle company is best known for its Oracle database software, a relational database management system.

    How did Oracle get its name?

    Oracle got its name from the first successfully completed project of the company. The project was given the code name Oracle and then the company was given the same name after the completion of the project.

    Is Oracle a top tech company?

    Yes, Oracle can be listed amongst the top tech companies across the globe.

    Who invented Oracle?

    Oracle was invented by the joint efforts of three people named Larry Ellison, Bob Miner, and Ed Oates.

  • 10 Interesting and Unknown Facts About Wipro

    If you are struck with any startup reminiscence, then you will ferret for some reputed capital venture who could listen to your ideas right? But what if you are a part of Wipro where you can access its business services, consultation and digital marketing?

    Moreover, I will be a mentor or business solution to you. It would be stupendous to be a part of Wipro- Western India Vegetables Products Limited, an Indian multinational corporation that originated in Bangalore by Muhammed Hasham Premji.

    The company commenced in 1945 and attained many achievements from being a beginner to a virtuosity enterprise. Wipro bestows Business consultation, IT services, Outsourcing, business investor and also opened its healthcare services. So, extrapolate, Wipro is an all-around business solution corporation that focuses on enhancing entrepreneurs as well as generating employees.

    Interesting Facts About Wipro

    1. Wipro is third largest Indian IT Company
    2. Wipro was set up as a manufacturer of vegetable and refined oil
    3. Azim Premji’s rank was dropped from 2nd to 17th position by donating
    4. Wipro Employment rank
    5. Leadership at the age of 21
    6. Wipro became the First software technology & services company to be certified
    7. Wipro ranked 1st in the Asian Sustainability Rating of Indian companies
    8. Highest rating of stakeholder value
    9. Forbes Global 2000 list
    10. Secure most ethical company for the 10 consecutive years

    Wipro is third largest Indian IT Company

    Wipro has been operating since 1945 and ultimately engrossed many Indian businesses for its excellent services, which is highly based on vegetable and advanced oil products.

    As of 2021, Wipro accomplished the third position as the largest Indian IT services firm with its net capital of 1.65 trillion by overruling HCL Technologies capital.

    Besides, Wipro never reneged in astounding us with its new plans, whereas now Wipro corporation set to achieve zero Greenhouse gas emission. In the other words, they have targeted to reduce 55 % of GHG by 2030, apprehending global warming and climate change.

    Wipro was set up as a manufacturer of vegetable and refined oil

    Wipro Company Products - Vegetable Oil
    Wipro Company Products – Vegetable Oil

    Some people sound implausible, if I say Wipro is basically operated as a vegetable and refined oil company, but it’s credible. Wipro built a refined oil manufacturer under the brand names- Kisan, Sunflower and Camel in Amainer, Maharashtra during British rule.

    Furthermore,’ it is proven that Wipro is the acronym of Western India Palm Refined Oil Limited.

    Azim Premji’s rank was dropped from 2nd to 17th position by donating

    Azim Premji - Founder of Wipro
    Azim Premji – Founder of Wipro

    In 2018, Azim Premji secured 2nd rank according to the Forbes India Rich List, and consecutive year, he dropped to 17th position among 100 Richest Indians 2019.

    You would be wondering why there is a gradual fall? Because Azim Premji being a philanthropist, donated 13.1 million to poor people in India. According to the report, it is stated that Azim Premji, owner of Wipro obtained the second rank in Forbes Richest Indian 2018 with $21 billion in his account. Later the next year, he dropped to 17th rank with a net worth of 7.2 billion in 2019.

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    About Wipro Company

    Wipro Employment rank

    US-based Association of Diversity council, Wipro was the first Indian corporation to be awarded the 2nd rank for employee diversity in 2011, with 120,00 employees of 74 nationalities in 54 countries.

    Leadership at the age of 21

    If a big company was handed it over to you at the age of 25, what would you do? Of course, you will be wondering if someone could help you. But this huge enterprise which has been the talk of the town since 1945 was entrusted to a 21-year old boy Azim Premji. Yes, after Muhammed Premji, his dad passed away, he took over the company Wipro as its chairman in 1966.

    Wipro became the First software technology & services company to be certified

    In February 2001, Wipro became the first software technology and services company in India to get ISO:14001 certification for complying with the international standards for Environmental Management System (EMS) in three major software development and technology centres situated in Bangalore.

    Wipro technologies became the world’s first company that has a PCMM level 5 and SEI CMM level 5 certification.

    Wipro ranked 1st in the Asian Sustainability Rating of Indian companies

    Wipro Limited was ranked 1st in the Asian Sustainability Rating (ASRTM) of Indian companies in 2010 and scored 5th ranking among Asian companies. The ASRTM is a benchmark tool for Environment, Social and Governance (ESG) which is developed by CSR Asia and Responsible Research.

    The ASRTM ranking is calculated based on sustainable indicators in four different categories: General, Environment, Social and Governance of companies irrespective of the sector in which they belong and the ranking is calculated only on publicly available information for non-biased judgement.

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    Highest rating of stakeholder value

    In 2004, Wipro became the first to get the highest category ‘SVG1’ rating from credit rating agency IRCA for stakeholders value creation and government practices. This rating signifies the sound corporate governance practices of Wipro.

    The Bangalore based company retained the top position in stakeholder value ranking in 2009 and 2012. The ranking was given on the basis of improving transparency and disclosure standards, the company’s satisfactory relationship with key stakeholders, the high promoter holding in the company, strong internal audit system, etc.

    Forbes Global 2000 list

    Wipro stood in 769th position in the Forbes Global 2020 list of 2021, where sales is at 1214th rank, profit annually earned at 460th position and the market value of Wipro estimated at 518th position in the Global 2000 list.

    Moreover, According to the Forbes Global list, Wipro has been ranked at 193rd rank for World’s Best Employers 2019, Top regarded Companies in 2019 which secured the 168th place, Being the top multinational performers Wipro gained the position 119th in 2017 and awarded 441st rank for America’s best employers in 2017.

    Secured most ethical company for the 10 consecutive years

    Being constant in your heyday must be astounding right? Then guess what? Wipro was recognised as World’s most ethical company for 10 consecutive years in succession by the Ethisphere Institute.

    It is stated that Wipro is a company of unwavering commitment to integrity, fairness and transparency backed by strong values which came out that Wipro is a reputed global wide trusted company so far now.

    Conclusion

    Wipro is a globally recognized business organisation, which is quite known for business solutions, consultation, healthcare, employment and all-rounder business services.

    Wipro originated in Bangalore, Karnataka in India by a normal human named Mohamed Premji. Haplessly, the throne was given to his son Azim Premji at the age of 21 after his short life span. Azim Premji developed Wipro into a Multinational company by generating its best services to the users in terms of aiding business consultation, employment opportunities, Outsourcing, technology, capital venture etc.

    FAQs

    Who is the founder of Wipro?

    Muhammed Hasham Premji founded Wipro in 1945 as a cooking oil company.

    Who is the CEO of Wipro?

    Thierry Delaporte is the CEO of Wipro since 2020.

    Is Wipro an Indian company?

    Yes, Wipro is an Indian company founded by Hasham Premji in 1945.

    What is full form of wipro?

    The Full form of WIPRO is Western India Palm Refined Oil Limited.

    What are Wipro company products?

    The products of Wipro include:

    • Skincare products
    • Male grooming products
    • Toiletries
    • Wellness products
    • Household products
    • Electrical wire devices
    • Domestic and commercial Lighting

    What is the first product of Wipro?

    Vegetable oil is the first product of Wipro.

    Which companies are under Wipro?

    The Wipro subsidiaries are divided into four different parts:

    • Wipro Limited
    • Wipro Consumer Care and Lighting
    • Wipro Infrastructure Engineering
    • Wipro GE Medical Systems Limited.

  • Top 20 Facts About McDonald’s You Might Not Know About

    McDonald’s has been with us through the good, the bad and the ugly. It is a big, warm hug made and served in the form of burgers and fries. Established in 1940, initially as a Hamburger stand, McDonald’s today is the most renowned and dominating fast-food chain in the world. It has one of the largest brand valuations in the world as of 2020 and still continues to grow larger and larger day by day.

    There is nothing better than chowing down on a big, juicy McDonald’s burger after an exhausting day to bid your feelings a happy and delicious goodbye, isn’t it? Well, here we are with 20 bizarre facts about McDonald’s that will shock you and may or may not make you crave a BigMac right now.

    1. McDonald’s Has Royal Connections
    2. Holier Than Thou
    3. Fries and Fries and Fries
    4. Bill and His Farms
    5. Bigger Than a Country
    6. Unique Paris
    7. Burgers Over Salads
    8. Money, Money All-Around
    9. MacCoins
    10. Lucky Germans
    11. Biggest Of Them All
    12. Toys All-Around
    13. Movies Before Burgers?
    14. Star-Studded Employee Profiles
    15. The Hamburger University
    16. BigMac Index
    17. No Beef on the Menu?
    18. Largest Employer
    19. McRib Is Not a Rib
    20. Recipe Change for Fries?

    1. McDonald’s Has Royal Connections

    McDonald's in Crown Estate
    McDonald’s in Crown Estate

    Her Royal Highness, Queen Elizabeth owns a McDonald’s outlet not so far away from her humble abode, the Buckingham Palace. Who knew that even the most royal of hearts could be swayed by our cheap, evergreen delight!

    2. Holier Than Thou

    McDonald’s Arches
    McDonald’s Logo

    The McDonald’s arches around the world enjoy more popularity and recognition than the Holy Cross. We apologize, Pope Francis.

    3. Fries and Fries and Fries

    McDonald’s Fries
    McDonald’s Fries

    French fries, one of the oldest items on the McDonald’s menu, are the most popular menu item at the fast-food chain. McDonald’s buys 4.7 billion dollars worth of potatoes and sells around 13 billion servings of fries every year.

    4. Bill and His Farms

    Bill Gates is the largest private farmland owner in all of the United States and the potatoes that he grows are the ones used to make our beloved Mcdonald’s French fries.

    5. Bigger Than a Country

    McDonald’s is present in 37,000 locations and serves about 69 million customers daily, which is more than the population of Great Britain.

    6. Unique Paris

    McDonald's in Paris
    McDonald’s in Paris

    Paris is the only place in the world where the infamous McDonald’s arches are not of their signature golden colour. In fact, they are white!

    7. Burgers Over Salads

    McDonald’s Caesar salad
    McDonald’s Caesar salad

    The McDonald’s Caesar salad is more fattening than their hamburger! While the hamburger has more calories, the Caesar salad has more fat, particularly because of the dressings.

    8. Money, Money All-Around

    McDonald’s, accumulating all stores and customers around the world, makes around 75,000,000 dollars per day.

    9. MacCoins

    MacCoins
    MacCoins

    To mark the 50th anniversary of the BigMac, McDonald’s launched limited edition MacCoins which were given to customers if they purchased a BigMac.

    10. Lucky Germans

    McDonald’s Burger and Beer
    McDonald’s Burger and Beer

    McDonald’s in its German outlets offers beer as a menu item, a rarity only the Germans enjoy.

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    11. Biggest Of Them All

    McDonald’s has a special name in the market when it comes to fast-food chains in the world. It serves over 75 burgers every second to more than 68 million customers every day. It is known that McDonald’s opens a restaurant every four hours.

    12. Toys All-Around

    McDonald's Happy Meal
    McDonald’s Happy Meal

    McDonald’s is the biggest distributor of toys in the entire world. Every Happy Meal comes with a toy and the Happy Meals account for about 20 percent of the McDonald’s entire product sale.

    13. Movies Before Burgers?

    McDonald's Speede Service System
    McDonald’s Speede Service System

    Richard and Maurice McDonald started the food chain as a Speedee Service System in 1948 after having failed at making a career in Hollywood.

    14. Star-Studded Employee Profiles

    It is hard to believe but some really famous people, before becoming celebrities, have worked at McDonald’s like Rachel McAdams, Pink, Jay Leno, Lin-Manuel Miranda and Shania Twain.

    15. The Hamburger University

    Hamburger University
    Hamburger University

    Yes, you heard that right! There is a university called Hamburger University in Chicago, Illinois. If you need information and training on how to open and run a successful franchise, this is the place to be!

    16. BigMac Index

    There is a thing called a BigMac Index, it is often used to measure a country’s purchasing power parity. Economists use it by comparing the cost of a BigMac in different countries using a common currency. Switzerland has the most expensive BigMac in the world.

    17. No Beef on the Menu?

    McDonald’s in India does not serve beef or pork, a special rarity only for Indians. It instead offers chicken on most of its meat menu.

    18. Largest Employer

    McDonald’s is the second-largest employer in the world, it has around 1.7 million people working for it. It is known that every 1 in 8 Americans has worked at a McDonald’s once in their life.

    19. McRib Is Not a Rib

    McRib
    McRib 

    McRib is not a rib at all, it is made up of the animal’s heart, stomach and tripe. It is all bound together by salt and water, which then gives it the illusion to look like an animal rib.

    20. Recipe Change for Fries?

    McDonald’s changed the recipe for the French fries in 1992. Before that, the fries were cooked using beef tallow but after a lot of external pressure against the beef tallow, McDonald’s started using vegetable oil instead.

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    FAQs

    What is McDonald’s known for?

    McDonald’s is one of the biggest and most popular American fast-food chains famous for its burgers and fries

    How many McDonald’s are there in the world?

    There are 37,000 McDonald’s locations around 120 countries in the world.

    What is McDonald’s most sold item?

    French Fries are the most sold item in McDonald’s. McDonald’s sells around 13 billion servings of fries every year.

  • Instagram Interesting Facts That Will Captivate You

    Instagram is a smartphone app for creating a social community for sharing images, videos, story updates, etc., and establishment of the continuous connection between people.

    Instagram is one of the most used social media sites. Probably, you too have an account over there and use it in maintaining and updating about your life in a nutshell to people who follow you.

    It has evolved with vibrant design and features like comment liking, deactivation of comments on a post, image filters, and the ability to upload videos. In 2019, Instagram announced user protection by introducing new features to reduce harassment on the app.

    In 2020 Instagram launched new updates of reels, audio, and video call, continued with unique features of live video with four people, the addition of pronouns to the profiles, in 2021. As a part of child safety policy, Instagram announced that adults are prohibited from messaging teens that don’t follow them.

    With an unlimited scrolling feature of social media, you can get caught up in it, but did you know there are amazing unknown facts about it, too?

    Social media platforms have become a part of the everyday routine for most of us. In just a few years, Instagram has reached the hearts of millions and achieved lots of popularity. It has developed to be the most preferred social media platform.

    Users who find it fun would love to know more facts about it. Understanding the intentions and working of the best social media platform will benefit the marketers and help them make effective marketing strategies.

    Be it the statistics, growth, top brands, hashtags, or the most interesting facts, and you’ll find all you ever wanted to know about Instagram.

    An Instagram Feature – Fundraisers and Donations
    Instagram for Creativity and Small Business
    Instagram Growth Statistics
    Instagram Influencers
    Earning From Instagram
    Instagram Top Hashtags
    Instagram Most Liked Food
    Instagram Users
    Instagram’s First Photo
    Instagram’s Most-Liked Photo
    Most Used Filter on Instagram
    Instagram User’s Age
    When Was the Video Feature Added to Instagram?
    How Many Accounts Add a Story in a Day?
    How Many Photos Are Posted in a Day on Instagram?

    Instagram Unknown Facts

    An Instagram Feature – Fundraisers and Donations

    Instagram is the world’s largest social media platform with photo-video sharing features and is owned by Facebook. Most businesses consider Instagram the best platform to promote and sell their brands, services, and products.

    To provide these businesses with the required space, Instagram updates unique features every year. According to the statistics, January 2019 saw 500 million story views daily.

    This data confirms that most of the population is active on Instagram every day. Hence, businesses make new strategies while learning the Instagram algorithm and networking.

    As a fundraiser, you should know unknown facts about Instagram

    Instagram has generated a new feature called “Fundraisers and Donations.” It is effective for non-profit organizations and individuals seeking monetary help for medication, natural calamities, education, or personal financial crisis. 100% of the amount raised goes directly to the supported organization.

    Usually, a charity fundraiser goes live in your account for 30 days. The fundraiser can be promoted through posts, stories, and live videos during this period.

    This feature offers:

    • Sharing a fundraiser on posts, stories, and live videos
    • Search results of charity on Instagram
    • Donation stickers that can be uploaded on stories and live videos.

    Instagram for Creativity and Small Business

    Instagram gives a beautiful space to all creative minds. You can use the platform to find inspiring and innovative content and express your creativity simultaneously. Instagram has a feature to make a personal account as a business account.

    There are plenty of tools offered to support the small business proliferating on this platform. Instagram also promotes your posts and stories to get you a better reach. You can easily create your own business, promote and sell your products and earn from your posts.

    Instagram Growth Statistics

    Listed below are some Instagram statistics to help you understand the app more. (source)

    • Instagram had 10 million users even before it was launched for android users.
    • In 2012, it was available for android users, and the number of Instagram users jumped to 100 million in February 2013.
    • October 2021 witnessed 1.16 billion users.
    • Every second, 995 photos get uploaded to Instagram.
    • 61% of brands plan to increase their advertising budget for Instagram in 2021.
    • 60% of users are on Instagram to find new products.
    • There are 500+ million story views every day.
    • Instagram is the fifth most popular download in the Apple app store in 2022
    • Instagram ranks tenth most searched query globally.
    • Instagram was co-founded in 2010 by Kevin Systrom and Mike Krieger.
    • Currently, the handle of Instagram is in the hands of Adam Mosseri.
    • The headquarters is in Menlo Park, California.

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    Instagram Influencers

    Here are some amazing facts about Instagram Influencers.

    1. The Instagram official account has the highest number of followers, with 390 million followers.
    2. Christiano Ronaldo is the top influencer of Instagram with 275 million followers, followed by Lionel Messi with 195 million followers.
    3. Among the top ten influencers of Instagram, America alone has seven influencers.

    Earning From Instagram

    Instagram has taken the initiative to help the influencers grow by allowing them to earn from their posts and videos. As a result, even the tiny influencers make pretty well from their Instagram account.

    The three common payscales of Instagram are:-

    1. Micro-influencer: 10k followers get paid $88 per post.
    2. Mid-level influencer: 100k followers can earn $200 per post
    3. High-level influencer: million followers make $670 per post.

    Instagram Top Hashtags

    Instagram designed the hashtag feature in January 2011. Hashtags help navigate the contents and generate more engagement. People can now follow hashtags and stay in touch with popular trends. In addition, it filters their feed with the desired content.

    The top five unknown hashtags of Instagram are:-

    1. #love – 2.062 billion followers
    2. #instagood – 1.36 billion followers
    3. #fashion – 943 million followers
    4. #photooftheday – 908.1 million followers
    5. #art – 781.2 million followers

    Instagram Most Liked Food

    You will be surprised to know that the most liked food on Instagram is Pizza. You can find mouth-watering dishes on Instagram, but if you do not like pizza, then you can prefer another delicious food according to your choice and liking.

    Instagram Users

    Do you know that most of the users of Instagram are women, 68% of Instagram users are female? You have noticed that the majority of Instagram users are female users. Instagram has various possibilities to include multiple entertainment and business opportunities for other people.

    Instagram’s First Photo

    Instagram's First Photo
    Instagram’s First Photo

    Kevin Systrom – cofounder of Instagram posted the first photo on Instagram. It was the click of his dog. This post gets the most popularity in less time. It shows that you can boost your business in less time if your post is adorable and catchy.

    Instagram’s Most-Liked Photo

    Instagram's most liked photo - Kylie Jenner's daughter - Stormi
    Instagram’s most liked photo – Kylie Jenner’s daughter – Stormi

    The most liked photo on Instagram is of Kylie Jenner’s daughter, Stormi. This photo is on the record so far, which has been liked the most in a short time.

    Most Used Filter on Instagram

    Gingham is the most used filter on Instagram. After using Gingham Filter you can enhance your photo and give the gorgeous look of your photo, it will attract your audience and fans.

    Instagram User’s Age

    The generation that uses Instagram the most is young. Most Instagram users are between the ages of 18-29. It can always be said that Instagram will be the best platform for the coming generation where you can meet each other to showcase your talent and grow your startup business.

    When Was the Video Feature Added to Instagram?

    In 2013, the video feature was added, The most surprising thing is that in just 24 hours, 5 million videos got uploaded. This shows that Instagram is so popular.

    How Many Accounts Add a Story in a Day?

    This is a really amazing fact about Instagram that more than 100 million accounts add a story every day. 100 million accounts in a day mean more career opportunities for the coming generation.

    How Many Photos Are Posted in a Day on Instagram?

    Every day millions of photos are uploaded on Instagram but if we talk about average then on average, 80 million photos are posted every day and the average per day likes is 3.5 billion.

    Conclusion

    Instagram is an amazing app that has seen rapid growth briefly. People love this platform for its exciting features that help them grow, express their creativity, do the marketing and build a strong community.

    FAQs

    Who is the founder of Instagram?

    Kevin Systrom and Mike Krieger have co-founded Instagram in 2010.

    When did Facebook owned Instagram?

    Facebook purchased Instagram for 1 billion dollars in 2012.

    Which was the first photo posted on Instagram?

    Kevin Systrom – The Co-founder and Then CEO of Instagram posted the first photo of his Dog on Instagram.

    What is the number of Instagram monthly users?

    The total number of Instagram monthly active users has surpassed 1 billion people.

    What are the most searched things on Instagram?

    Top 5 Popular Instagram Hashtags are:

    • #love
    • #instagood
    • #photooftheday
    • #fashion
    • #beautiful

  • Craigslist- Top 12 Interesting Facts About the Advertising Website

    Advertisements play the most important role for both businesses and customers. It enables businesses to market themselves and helps the customers to know about their market.

    Traditionally, the best source of advertisements was the newspapers. Everyone used to read so, its ad sections used to work well. Now, people are digitizing. They need everything on their devices. So, advertisements have also been digitized to keep up.

    In the world of digital advertising, a name that got super popular is Craigslist. This advertising company shifted the newspaper ad section to a website.

    Since most people are dependent on the internet, Craigslist enables people to know about various ads online. It has almost all the sections of ads like jobs, housing, gigs, community service, etc.

    Craigslist- The Boon for Online Advertising
    Foundation of Craigslist
    What does Craigslist Do?
    Interesting Facts About Craigslist
    FAQ

    Craigslist- The Boon for Online Advertising

    Craigslist is an advertisement website. It is comprised of classified sections of ads. These ads include housing, sales, items wanted, services, and whatnot.

    It is like an online version of a newspaper’s classified section. The best part about the website is that it’s free to use. It allows people to post ads about their products and services online. This in turn helps the customers to know about various listings in one place.

    Foundation of Craigslist

    Craig Newmark
    Craig Newmark

    Craigslist was founded in the year 1995. Craig Newmark is the founder of the website. As it shows the name of the website is inspired by the founder’s name itself.

    It started as an email list. Craig meant to share the latest happenings in San Francisco with his friends. With time it has now grown into one of the leading platforms for classified advertisements.

    What does Craigslist Do?

    Craigslist Homepage
    Craigslist Homepage

    In simple words, Craigslist provides an advertisement platform for both buyers and sellers. The sellers or service providers can post their ads on the website. For this Craigslist charges them a small amount of money.

    This allows the buyers to know about various products and services online at one stop. It helps people get connected within their community.

    Interesting Facts About Craigslist

    The following are some of the interesting about Craigslist:

    One of The Most Viewed Sites

    Everyone knows that Craigslist is a popular website. But very few know that it is one of the most viewed sites in the world. It is the 33rdmost viewed site in the world. With its origin in the United States, it is the 7th most viewed website in the States.

    More Work and Fewer Hands

    Craigslist is the name that holds great importance in the field of online advertising. Since its origin, it has grown a lot and created a big place in people’s hearts. Almost everyone thinks that there must be a huge team to support its smooth functioning. There are mere 50 employees (2017) that work behind this masterpiece.

    Multiple Languages

    Craigslist born in the United States not only operates in English but other languages as well. It is offered in Dutch, French, Spanish, German, Italian, Swedish, and more.

    More Visitors Than Netflix

    This fun fact is more shocking than fun. Netflix being the most popular OTT platform have a huge audience. On the other hand, Craigslist without having any marketing strategy, manage to get more visitors than Netflix.

    An Amazing Patron

    This is a lesser-known yet outstanding quality possessed by Craigslist. In the year 2018, Craigslist owner, Craig Newmark made a donation of $143.8 million to a charity just higher than Bill and Melinda Gates.

    Doesn’t Work with The Intention of Profits

    Craigslist does not work with intention of raising its revenue. The CEO, Jim Buckmaster has made this clear in various interviews. The company started Craigslist Foundation in the year 2001. This is a non-profit organization that supports community building.

    The organization provides low-cost as well as free events and online resources to everyone.

    A Dunbar Number’s Follower

    Craigslist is a follower of Dunbar Number. This is a psychological notion. It states that human groups have a cognitive limit. It means that there is a limit to the number of stable relationships that a person can have at a particular point in time.

    Following this principle, Craigslist keeps its employees less in number.

    Craigslist has various classified sections. One among the various is the personal section. In this section, there is an option for dating and romance. Here, people can post ads according to their required preferences.

    The site became a popular platform for gays and lesbians. Since they sometimes find it hard to find people with similar preferences, Craigslist became the desired website for them. The section was shut down in 2018 after Congress passed a Bill on trafficking.

    Sales of McLaren F1, Bugatti Veyron

    Craigslist does support the sales of old and used cars. But who would have thought that people could post ads about luxury cars and get a good price online?

    People have posted ads about expensive cars like Bugatti Veyron, Mustang GT, and McLaren F1.

    Craigslist Bugatti Replica Ad
    Craigslist Bugatti Replica Ad

    Craigslist’s Personal Section Got Shut Down

    In the year 2018, the US Senate passed a bill. The bill allowed the prosecution of any website that enabled sex workers to post ads online. Craigslist instead of developing some safety measures decided to shut down the personal section.

    Craigslist Personal Section Shut down
    Craigslist Personal Section Shut down

    A User was Able to Get a Porsche from bartering on Craigslist

    Craigslist user that bartered phone for Porsche
    Craigslist user that bartered phone for Porsche

    A young boy once traded an old phone for a better phone. Later, he stepped up the game and bartered iPod, laptop, a bike, Ford Bronco. Following the barter pattern, the boy ended up with a Porsche worth $9000.

    The fun part is that he bartered this whole process on Craigslist.

    Millions of Listings

    Craigslist supports listings in millions. Every month, more than 100 million ads are posted on the platform. Out of these, more than 2 million are for jobs. The platform has helped millions of people get jobs.

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    Conclusion

    Craigslist has appeared like a boon of technology in the advertising market. It is one of the earliest and the most successful platforms for advertising. Craigslist enables users to post any type of ad. However, it does have certain restrictions. These include abusive and discriminatory language, jobs that breach the ethic of equal employment opportunity, etc.

    Like anything else, Craigslist also has both sides- positive and negative. There have been cases of theft, assault, and other crimes because of ads posted on the website. The bright side, however, is that it has been a blessing for both sellers and customers.

    FAQ

    How does Craigslist make money?

    One of the ways Craigslist makes money is by charging a $25 fee for posting a job listing.

    Do people still use Craigslist?

    Yes, according to a report many people still use Craigslist.

    What is Craigslist mostly used for?

    Craigslist is a website used for viewing jobs, housing, for sale, items wanted, services, community service, gigs, résumés, and discussion forums.