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The Apollo group has launched an AI-based web tool to predict heart disease The ‘Cardiovascular Disease Risk Score’ will give an instant rating The group claims it to be the first-of-its-kind score developed for Indians The tool is built on algorithms based on anonymised data The data contains details of around four lakh individuals across India The group is willing to offer the tool to physicians across hospitals and clinics for free The tool is built on the Microsoft Azure Platform It would ask simple questions to create the basic health profile Then, the algorithms will give a score specific…
India needs 4-5 SBI-size banks to meet growing economical needs Said Finance Minister Nirmala Sitharaman at the 74th AGM of the Indian Banks’ Association She urged the Association to develop a district-wise digital map of banks It is to identify locations with no banking presence So that such places can have either a physical or digital footprint Indian economy explores various ways to adapt to the post-pandemic era SBI is India’s largest bank with total deposits of ₹37.20 lakh crore as of June end 2021
The success journey of CEO Gireesh Mathrubootham Born at Tiruchirappalli in Tamil Nadu Higher education was in Engineering Received MBA in Marketing from the Madras University Started his career with HCL and moved to the US as part of it Returned to India in 2001 to become Product Management Director at Zoho Became Product Management Vice President after two years Left Zoho after nine years Established SaaS startup ‘Freshdesk’ in 2010 It was done with friend Shan Krishnasamy The aim was to provide a business software solution Started at a 700 sq ft-warehouse in Chennai Provided software supports like SEO,…
India’s automobile industry may witness the ongoing semiconductor crisis for a while It may remain as a concern till June 2022, said MG Motor India Due to this, delivery of cars are getting delayed Meanwhile, the company is going to expand its presence in the electric vehicle sector It will launch a new car in the below Rs 20 lakh category soon Within one year, the company had captured over 90% market share in the above Rs 20-lakh category EVs It was done through the launch of ‘ZS EV’ The company saw a 78% jump in electric vehicle brand during…
Vodafone Idea would convert the interest on deferred statutory dues into government equity Said managing director Ravinder Takkar He added that the loss-making telco would survive and be competitive The four-year payment moratorium will ensure that, he said Vi will utilise the cash saved for expanding its network and participating in 5G auctions Takkar urged banks to back the telco’s expansion efforts Vodafone Idea is India’s only loss-making private telco, weighed down by debt of Rs 1.9 lakh crore Recently, the Indian government has announced a relief package to save struggling telcos
Zee Enterprises board has approved merger with Sony Pictures Punit Goenka will continue to be the CEO and Managing director of the merged entity Zee’s shares surged over 20% on the BSE post the deal announcement Zee has been under pressure from top investors like Invesco for a while They had sought the removal of its three directors, including Punit Goenka from the board In the merged entity, the shareholders of Sony Pictures will hold a majority stake
The virtual workshop is jointly organised by US Consulate General, Pravah, and TiE Kerala on September 29 and 30 It will address the scope of women entrepreneurship and the need to strengthen an ecosystem for their growth It will also emphasise the role of digital technology in business growth, social entrepreneurship, and creating profitable business models Officials from the departments that support women’s entrepreneurship and economic empowerment will participate Representatives from educational, vocational, technical institutes and NGOs working in the entrepreneurial and livelihood sector will also take part The two-day workshop will have female entrepreneurs and social entrepreneurs Nisha Krishnan,…
Bengaluru-based electric vehicle startup Ather Energy has launched its new retail outlet in Coimbatore, Tamil Nadu The Ather Space Experience Centre is the company’s largest experience centre in India This is Ather’s third showroom in Tamil Nadu after Chennai and Trichy It is set up in association with leading two-wheeler service company Rajdurai’s E-Vehicles Buyers can purchase the Ather 450 Plus and the 450X from this showroom Ather Space Coimbatore began its operations in April this year It has been getting good response since then The Ather 450 Plus and the Ather 450X are priced at Rs 1,27,286 and Rs…
India is constructing the world’s largest highway – Delhi-Mumbai Express Highway The project will be over by March 2022, said Road Transport Minister Nitin Gadkari Gadkari recently inspected the Bharuch section of the expressway The 1,380 km long expressway will go up to Jawaharlal Nehru Port Trust As of now, the government plans to take it up till Nariman Point It is being developed at a cost of Rs98,000 cr It will connect the urban centres of Delhi via the Delhi-Faridabad-Sona section of the corridor Earlier, it used to take about 48 hours to travel between Mumbai and Delhi by…