Author: News Desk

The Indian government has approved support for the development of advanced drone cameras featuring facial recognition technology. This initiative is led by Trois Infotech, a startup based in Technopark,Kerala, which has been granted ₹1.5 crore from the Telecom Technology Development Fund administered by the Ministry of Communications. Local Development of High-Tech Drones Currently, India imports such sophisticated drones from Israel, with each unit costing approximately ₹2.5 crore. The new project aims to develop these advanced drone cameras domestically, potentially reducing the cost to around ₹25 lakh per unit. This local production effort is expected to improve cost efficiency and effectiveness…

Rosh.Ai, an innovative deep-tech company from Kerala,India, has successfully raised $1 million in its latest seed funding round. This investment was led by Ev2 Ventures/Caret Capital and ThinKuvate. Established in 2021, Rosh.Ai specialises in autonomous vehicle technology designed to address major operational challenges in diverse sectors, including seaports and mining. Innovative Solutions for Industry Challenges The company’s technology is aimed at overcoming significant issues such as delays caused by driver shortages in seaports and productivity losses of 15-20% in mining due to inefficient equipment. Rosh.Ai’s autonomous solutions promise to enhance operational safety and efficiency by providing advanced autonomy stacks that…

Amul has been recognized as the strongest food brand globally in the 2024 Brand Finance Food & Drink report. This marks an improvement from the previous year, where it held the second position. The report highlights Amul’s brand value, which has risen by 11% to USD 3.3 billion, along with a Brand Strength Index (BSI) score of 91.0 out of 100, earning it an AAA+ rating. Success Credited to Dairy Farmers and Strategic Marketing Jayen Mehta, the managing director of the Gujarat Cooperative Milk Marketing Federation (GCMMF), which owns Amul, attributed this success to the relentless efforts of 3.6 million…

India is set to mark a historic occasion with the celebration of its first National Space Day on August 23. This new annual observance commemorates India’s growing achievements in space exploration and pays tribute to the nation’s space agency, ISRO. Chandrayaan-3: A Historic Achievement On August 23, 2023, India made history when the Chandrayaan-3 mission successfully achieved a soft landing on the moon’s surface. This landmark event positioned India as the fourth country to land on the moon and the first to reach the lunar South Pole. Recognizing the significance of this accomplishment, Prime Minister Narendra Modi declared August 23…

Compressed Natural Gas (CNG) has been a part of India’s automotive landscape since the early 2000s, initially introduced as a retrofit option for vehicles. Today, CNG-powered cars, buses, and three-wheelers are common on Indian roads. Bajaj Auto has now taken a significant step forward by launching the world’s first production CNG motorcycle, the Bajaj Freedom. This new offering aims to redefine fuel efficiency and environmental sustainability in the motorcycle segment. Design and Build Quality The Bajaj Freedom is built to handle a variety of road conditions. It features a robust exposed trellis frame, a distinctive flat, long seat, and a…

River Cleaning, a pioneering Italian startup, is at the forefront of tackling plastic pollution in rivers with an innovative approach. Their advanced technology aims to address the critical issue of riverine plastic waste, which significantly contributes to the larger problem of oceanic plastic pollution. The Plastic Pollution Crisis Plastic waste is a major environmental concern, with rivers serving as a primary conduit for debris entering the oceans. Each year, approximately 8 million tons of plastic end up in the sea, much of it flowing through rivers. This plastic accumulates in large oceanic “islands,” like the Great Pacific Garbage Patch, which…

Motion sickness glasses are specialised eyewear designed to help reduce the discomfort some people experience while travelling in a moving vehicle, such as a car, boat, or plane. This condition, known as motion sickness, can cause symptoms like nausea, dizziness, and general unease. How Do Motion Sickness Glasses Work? Motion sickness glasses work by helping the brain receive consistent signals from the eyes and other parts of the body, like the inner ear. These glasses typically do not have lenses like regular glasses. Instead, they feature rims filled with liquid that moves in sync with the motion of the vehicle.…

Phoenix Group, listed on the Abu Dhabi Securities Exchange, is teaming up with Tether to create a new stablecoin tied to the UAE dirham. This coin aims to make use of the dirham’s stability and enter the expanding global stablecoin market, which is set to grow from $150 billion to $2.8 trillion by 2028. Built for Security and Efficiency The dirham-pegged stablecoin will run on blockchain technology, ensuring it’s secure, transparent, and efficient. Stablecoins keep their value steady by being linked to reliable assets like major currencies or commodities. The UAE dirham, backed by its peg to the US dollar…

Football superstar Cristiano Ronaldo has set a new YouTube record by reaching 10 million subscribers faster than anyone else. His channel, UR Cristiano, launched on August 21, quickly captivated fans worldwide and hit the 10 million mark by the end of the day. This achievement surpasses the previous record held by Hamster Kombat, which took seven days to reach the same number of subscribers. Record-Breaking Launch Ronaldo’s channel premiered with a variety of engaging content, including a teaser trailer, a quiz game with his partner Georgina Rodriguez, and a video of Ronaldo meeting his wax figure at Madame Tussauds. The…

American fast food giant Burger King has lost a 13-year-long legal battle against an Indian restaurant sharing the same name. Court Dismisses Trademark Infringement Suit An Indian court has dismissed the trademark infringement suit filed by Burger King Corporation against a Pune-based restaurant also named Burger King. The court noted that the Pune restaurant, owned by Parsi couple Anahita Irani and Shapoor Irani, had been operating since 1992, well before the American chain began its operations in India. Background of the Dispute Burger King Corporation, originally founded as Insta-Burger King in 1953 and rebranded as Burger King in 1959, entered…