Author: channeladmin

Tata Sons and a group led by SpiceJet chairman Ajay Singh placed financial bids for Air India Tata Sons made the offer via its 100% arm Talace Private Ltd Singh relied on his personal capacity along with some investment funds Soon, the govt will set a floor price for the airline’s sale The one who quotes the highest bid over the floor price will claim the airline The winner will get Air India Express and a 50% stake in AISATS The remaining 50% in AISATS is owned by Singapore’s SATS SATS is a partner in Tata Sons’ air catering venture…

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Tata Motors launches XPRES-T EV Sedan at Rs 9.54 lakh Targets mobility services, corporate and government fleet customers It will have an optimal battery size and fast charging solution It packs a high energy density battery of 21.5 kWh and 16.5 kWh with 2 range options – 213km and 165km It comes with features like zero tail-pipe emission, single-speed automatic transmission and dual airbags

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Pune-based startup Elementik Technologies has introduced ‘Byteseal’ Byteseal is a device that prevents cyberattacks It aims to prevent identity-linked cyberattacks such as phishing and credential theft It helps subscribers manage their passwords in a simple, secure and seamless manner The startup is led by Pune-based techie Nikhilesh Wani

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Tata Consultancy Services (TCS) becomes the top contender for BSNL’s 4G rollout TCS may partner with BSNL in its deployment of India’s first indigenous 4G network A meeting between the Department of Telecommunications and BSNL unanimously suggested TCS Lately, TCS has successfully deployed the network of core testing in Chandigarh under the proof of concept (PoC) TCS, Centre for Development of Telematics (C-DOT) and Tejas deployed the network The first PoC is expected to be done by November 30 This successful completion has prompted the suggestion Meanwhile, rival contenders like Tech Mahindra, HFCL and L&T have informed BSNL that their…

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OTT platform Amazon Prime Video to feature more local content Four Tamil movies are premiering directly on the OTT platform Said Vijay Subramaniam, Director and Head, Content, Amazon Prime Video India The war movie Shershaah released on OTT has received a huge success The latest trend of movies releasing directly to OTT has changed the metrics of success Earlier, first weekend collections and blockbuster success determined the success quotient It has become more holistic now, opined Vijay He added that it’s a good time for the industry to redefine the success of a movie outside the box office

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Agritech startup Farmers Fresh Zone has raised Rs 6 cr in pre-series A round The round was led by Indian Angel Network along with IAN fund, Malabar Angel Network and Native Angel Network The company has so far raised Rs 8.5 cr The Kochi-based startup is popular for its ‘Know Your Farmer’ traceability tech The startup will use the funding to expand to cities across South India It will also hire new talents and develop infrastructure The startup will strengthen the R&D to enhance traceability with Blockchain and AI-based tools Pradeep P.S. founded the D2C fresh FnV online marketplace in…

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OneFitPlus has launched India’s first multiplayer fitness gaming version with ‘Fitwarz’ app The connected game can be played on the treadmill Depending on the depth of exercise, the virtual bike on the gaming platform will score A combination of multiplayer video gaming with a serious workout An ideal way to achieve fitness goals One can join the group rides or races, depending on one’s taste The races are scheduled every 30 minutes from 4 am to 12 midnight Multiplayer Mode, Fitboard, emoji chat, enhanced graphics and improved user interface are some of its key features OneFitPlus is India’s largest connected…

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Elon Musk has said that Tesla plans to introduce its affordable EV in 2023 The car is priced at $25,000 He also hinted that this car might not have a steering wheel The electric car has not been named yet However, many expect it would be called ‘Tesla Model 2’ Tesla also plans to export it worldwide Experts believe the EV could make a mark in developing markets like India Tesla has been trying to get a foothold in the Indian market

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Tech giant Apple is reportedly in talks with carmaker Toyota for its car production The aim is to bring about the Apple car by 2024 Apple has been working on this project since 2014 under the codename ‘Project Titan’ It had approached other automobile manufacturers for the same That includes Hyundai, South Korea’s SK Group and LG Electronics The car is rumoured to have LiDAR technology This technology could bring a lot of depth to the AI functions The vehicle is expected to have a ‘CI’ chip based on the A12 Bionic Processor with in-cabin AI functions It is also…

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