Author: News Desk

India is gearing up to establish a global semiconductor manufacturing hub. The expectation is to reach a semiconductor market worth $64 billion within two years. Taking into account the vast possibilities in the country, the Centre’s production-linked incentive (PLI) scheme has attracted leading global brands in designing, manufacturing, research, engineering, and other related fields to invest heavily in the forefront of the global stage. AMD, the renowned semiconductor company, recently inaugurated its largest design center in Bangalore, showcasing a significant triumph. With a focus on research, development, and engineering activities that span 3D stacking, artificial intelligence, and machine learning, the…

In the heart of COP28’s Green Zone, an extraordinary art installation is creating a buzz – a swarm of handcrafted origami bees in vibrant yellow. By Day 5 of the climate conference, over 500 individuals have pledged their commitment to environmental preservation through this interactive artwork, aptly named SWARM. Crafting Pledges for Collective Impact The atmosphere around SWARM pulsates with determination, as visitors are invited to create their miniature origami bees and inscribe personal pledges to nature. These pledges, symbolising the collective power of individual actions, are then integrated into the sculpture, demonstrating how many hands can collaboratively drive positive…

LIC, the Life Insurance Corporation of India, has secured the esteemed position of being the fourth-largest insurer globally based on reserves, reveals a report by S&P Global Market Intelligence. Despite India’s modest 1.9% share in global life insurance, LIC’s significant market presence catapults it into the top echelons. Global Leaders in Reserves The report discloses LIC’s impressive reserves, amounting to $503.7 billion, positioning it closely behind industry giants such as Germany’s Allianz SE ($750.2 billion), China Life Insurance Company ($616.9 billion), and Nippon Life Insurance Company ($536.8 billion). India’s Stand in Global Life Insurance In a notable feat, LIC is…

In a strategic move, Wipro Consumer Care and Lighting, under the leadership of Azim Premji, has successfully acquired three prominent personal wash brands – Jo, Doy, and Bacter Shield – from Mumbai-based VVF India. The announcement, made on Tuesday, marks Wipro’s 15th acquisition since 2003 and its third in the past 12 months. Neeraj Khatri, Chief Executive for India and SAARC business, stated that the transition of the acquired brands into Wipro’s portfolio is expected to take 3-4 months. Khatri envisions substantial revenue growth for these brands, collectively amounting to Rs 210 crore in FY23, with a doubling projection within…

To experience the breathtaking allure of the moon up close, visit Kanakakunnu in Trivandrum and immerse yourself in the enchanting beauty of the moon Renowned British installation artist Luke Jerram’s impressive Museum of the Moon exhibit is on display at the Global Science Festival taking place in January. Standing as a testament to the illusionary beauty of the moon, the exhibit is strategically positioned at the southern hemisphere’s moon museum, Kanakakunnu. With a diameter of 23 feet, it showcases various aspects of the moon’s surface, offering a mesmerizing experience to the onlookers. The lunar reconnaissances captured by NASA’s Lunar Reconnaissance…

ZestMoney, a prominent buy now pay later (BNPL) platform, is set to cease its operations by the end of December, marking a significant development in the Indian fintech sector. The decision comes on the heels of the resignation of the company’s co-founders in May and the subsequent challenges in securing new funding. ZestMoney had also faced setbacks with the collapse of an acquisition deal with digital payment platform PhonePe. The impact of this decision extends to approximately 150 employees who will be let go as the company grapples with sustaining growth and overcoming financial hurdles. The formal announcement, made internally,…

In the midst of an unprecedented surge in India’s e-commerce sector, a troubling trend has emerged—online retail firms resorting to deceptive tactics that compromise consumer interests. These dubious maneuvers, commonly referred to as “dark patterns,” involve employing misleading design elements to coerce users into taking actions or making decisions that may not align with their best interests. Recognizing the potential harm posed by such practices, the central government has taken decisive action to ban dark patterns, aligning with the standards set by the Consumer Protection Authority (CPA). This proactive step is aimed at shielding consumers from manipulative strategies, with a…

Byju Raveendran, the founder of the prominent edtech company Byju’s, has seen a significant decrease in his wealth, primarily attributed to the financial challenges faced by the company. As of July 2022, Byju’s assets were valued at $3.6 billion, but the current valuation stands at a mere $1 billion. This drastic drop in net worth is evident in various global rankings, including Forbes, where Byju Raveendran has slipped from the list of billionaires. Edtech Boom and Initial Success: Byju’s gained prominence during the COVID-19 pandemic, with increased demand for online learning platforms. Byju Raveendran’s innovative approach to education through the…

Starting December 1, 2023, the Canadian government has introduced a revised version of the study permit application, affecting international students planning to pursue academic, professional, or vocational courses at designated learning institutions (DLIs) in Canada. This update is crucial for all foreign nationals seeking study permits on or after December 1, 2023. New Study Permit Application Form (IMM1294) A new version of the study permit application form (IMM1294) was launched on December 1, 2023. It is mandatory for applicants using the IRCC secure account to submit their study permit applications using this updated form. Applications submitted with the old form…

With the constant influx of new smartphones into the market, manufacturers are fiercely competing to offer cutting-edge features in the sub-30k price range. In this article, we delve into an in-depth analysis of the top 5 smartphones available under ₹30,000, providing insights into their specifications and performance. OnePlus Nord CE 3 5G: Unleashing Fluid AMOLED Brilliance Display Excellence: The Nord CE 3 5G boasts a 6.7-inch Fluid AMOLED display with a 20:9 aspect ratio, featuring a 120Hz refresh rate and 2160Hz PWM dimming support. Performance Powerhouse: Powered by the Snapdragon 782G chipset, this device offers up to 8GB of RAM…