What are the latest business news? Business news - August 2020. 1) The Madras high court fined Patanjali INR10 lakh for chasing profit by exploiting public fear by projecting a COVID-19 cure. Where actually ‘Coronil’ is not a cure but rather an immunity booster. They wanted to do marketing their products however the court permanently banned ‘Coronil’. It is nothing we all know that it is marketing by saying the product is a cure or anything else. 2) Reserve Bank of India governor Shaktikanta Das on 6 august Thursday said that India’s forex reserves have increased by $56.8 billion to $534.6 billion in the current financial year between April to July . This is equivalent to 13.4 months of imports, he added that India’s foreign exchange reserves crossed the $500 billion mark for the first time in July. Our foreign exchange is growing contiguously. 3) The Indian Railways launched the first ‘Kisan Rail’ coaches on Friday. ‘Kisan Rail’ will help for faster transportation perishable fa
ZOOM BREAKS TIK TOK'S RECORD
Due to Corona virus, many workloads CV have been started online for the last several months. Whether dealing with office work through work from home or children's school, all are running online these days. Video conferencing app Zoom has benefited the most from this. Compared to other video conferencing apps, this app has been downloaded the most frequently worldwide. Whether it is an office meeting or talking to loved ones.
The Zoom video calling app is being used extensively around the world. This is witness to the increase in downloading of this app on Google Play Store and App Store. This app has been downloaded the most on both platforms.
It has in the past overtook the banned short video making app TikTok in India on the Apple App Store.
According to the Sensor Tower report, the Zoom video calling app has been downloaded 9.4 million times on the Apple App Store in the second quarter of the year (April to June), 40 percent more than TikTok's 6.7 million downloads. The TikTok app has also faced worldwide protests against China. This app has been banned in a market like India, where it had the most users.
According to the data analysis company Sensor Tower report, 'Youtube, Instagram, Facebook, Google Meet, Facebook Messenger, Whatsapp, Netflix and Microsoft Team are among the top 10 most downloaded apps. Zoom has been downloaded 303 million times during the second quarter of the year, including the Apple App Store and Google Play Store. ' Zoom announced in June that its revenue in the first quarter was 169 percent higher than the previous year. It earned $ 32.82 million (about Rs 2,447 crore) in this quarter.
According to data from the sensor tower, during this era of COVID-19 epidemic, there has been an unprecedented increase in app download cases worldwide. 37.8 billion apps were downloaded in the second quarter, up 31.7 percent from the previous year. There were 9.1 billion downloads from the App Store with an increase of 22.6 percent, while 28.7 billion apps were downloaded from the Google Play Store with a 34.9 increase. Which is much higher than last year.
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