Author: News Desk
The Indian Banks’ Association (IBA) and the Union Forum of Bank Workers have made headway in their negotiations with the IBA agreeing in principle to a five-day week in exchange for longer hours. According to S Nagarajan, general secretary of the All India Bank Officers’ Association, the government will be required to declare all Saturdays as holidays under Section 25 of the Negotiable Instruments Act. He emphasized that the agreement was outside of salary negotiations because it had been in the works for a long time. Nonetheless, the government has a say in this matter because it owns the public sector…
Three Wheels United (TWU), an electric car finance fintech start-up, expects to be operating in 27 locations throughout India by April 2023. In addition to the existing 16 places where it is active, the startup hopes to create a presence in 11 more. Almost 50,000 drivers use the platform, which offers a variety of products and services. It claims to have funded over 4,000 auto-rickshaws, resulting in a decrease of more than 172,000 tonnes of CO2 emissions and an increase in revenue for drivers of $71 million (Rs 585 crore). Cedrick Tandong, CEO and Co-Founder of Three Wheels United announced that they are thrilled to…
Billionaire Bill Gates meets Ratan Tata and presents him and Tata Group Chairman N Chandrasekaran with a Gift Internet users were thrilled after Bill Gates, a co-founder of Microsoft, met Ratan Tata, Chairman Emeritus of the Tata Group. Both of these notable individuals are philanthropists who have assisted countless people in need. A post featuring pictures from the meeting was released on Twitter by the Bill and Melinda Gates Foundation’s official India account. In order to reduce inequality and end disease, The Gates Foundation India collaborates with partners and the Indian government. Gates met with Tata and N. Chandrasekaran, the Executive Chairman of Tata Sons, to discuss the organization’s programs pertaining to nutrition,…
Now if you ask who is the richest person in the world, we can say without hesitation that it is not Elon Musk, but billionaire Bernard Arnault. Twitter CEO Elon Musk is no longer the world’s richest man; Musk lost his top spot to LVMH’s Bernard Arnault. The loss in Musk’s personal fortune was attributed to a more than 5 percent drop in Tesla shares on Wednesday, with Musk losing about $1.91 billion in net worth in a single day. According to the Forbes’ Real-Time Billionaires list, Musk’s current net worth is $186.9 billion while Arnold has a personal fortune…
Reliance Industries Ltd and Tata Power will compete for a $2.4 billion financial incentive plan to stimulate domestic solar module manufacture and reduce reliance on imported Chinese panels. According to Bloomberg, foreign corporations such as First Solar, JSW Energy, Avaada Group, and ReNew Energy Global will compete for the programme. According to sources, the bid deadline was February 28 after multiple delays. Despite being one of India’s top solar panel manufacturers, the Adani Group did not participate in the bidding process. Additional information on incentives and projects is still pending. With an outlay of Rs. 24,000 crores, the Centre launched the Production Linked Incentive (PLI) Scheme for National Programme on High-Efficiency Solar PV Modules in February this year, with the goal of achieving domestic…
The world has transitioned to digital news technology as a result of a technology explosion in newsrooms, and mobile phones are the primary device for distributing news. While technology has traditionally been at the forefront of news gathering, collation, and networking, artificial intelligence and other emerging technologies are revolutionizing newsrooms in ways we cannot yet fathom. An AI avatar is being used by a digital news outlet in India for the first time to broadcast news from its studio. Channeliam.com, launched in 2016, enables the potential of artificial intelligence in the newsroom for startups, innovators, and entrepreneurs. We’ll now convey…
Alexander Eriksen, the chief executive officer of Umwelt Energy, a Danish business, announced that the company would spend $850 million in Tamil Nadu to build a green methanol facility. The 2,000 or so acres of land required for the project, according to him, have been arranged. According to Saibaba Vutukuri, Managing Director of Umwelt Energy India, the plant will be able to produce 1 lakh tonnes of green methanol annually. It would be a fully integrated facility, he claimed, starting with 500 MW of wind-solar hybrid plants that would send power to an electrolyser to create green hydrogen. The carbon dioxide and green hydrogen…
Students are migrating from Kerala to Foreign Countries in large numbers The number of students migrating from Kerala to study in other countries is growing. The figure of approximately 35,000 Kerala students who go abroad for higher education each year is alarming! More than 5000 crore rupees have flown out of India. It is unsurprising that the number of students migrating in the coming years could reach a million. Foreign student migration from Kerala is not a new phenomenon. Students from the country are increasingly migrating to countries such as Canada, the United Kingdom, the United States, New Zealand, and Australia for…
On March 1 and 4, 2022-23, the Kingdom will host the semi-finals and finals of India’s Hero Santosh Trophy Riyadh. This will be the first time the competition has been played outside of India since its inception in 1941, and it follows the signing of a memorandum of understanding between the Saudi and Indian FAs to collaborate on football development at the end of last year. Saudi Arabia, which hopes to host some of football’s biggest tournaments, including the World Cup in 2030, is also sharing its facilities and hospitality with the second-largest country in the world, despite being at…