Author: News Desk
Physics Wallah to acquire EdTech companies in South India Edtech Unicorn Physics Wallah is out to dominate South India. The current efforts are to acquire edtech companies operating in South India as part of expanding the field of operations. Co-founder of the company Prateek Maheshwari told Business Line. Physics Walla also plans to add counseling expertise to help students with college placements in other fields. Started as a JEE,NEET exam preparation Institute, Physicswala today has expanded into various segments like Government Exam Coaching, School (K-12), Post Graduate Exams like GATE, Upskilling Courses and more. In recent months, Physics Wallah has also acquired PrepOnline, Altis Vortex, iNeuron and Knowledge Planet. After acquiring…
Amid news of layoffs, Indian low-cost airline Akasa Air has announced that it will be recruiting nearly 1,000 people by the end of March 2024. It will help in dispelling the prevailing pessimism in the aviation sector. The company also planned to increase the total number of employees to 3,000 during this period. CEO Vinay Dubey said the airline continues to expand its flights and routes. The company also plans to launch international services by the end of this year. Overseas destinations are still being finalized. In an interview to PTI, Akasa Vinay Dubey had said that the airline would…
At the 22nd International ODR (online dispute resolution) Forum meet in Bangalore, Jupitice, one of India’s top JusTech companies, unveiled the artificial intelligence-powered chatbot Saya. Among those in attendance were Amitabh Kant, a former CEO of the NITI Aayog, and Nandan Nilekani, co-founder of Infosys. Almost 250 specialists from diverse sectors attended the 22nd International ODR Conference, which was held on March 17 and 18 at the National Centre for Technology and Dispute Resolution (NCTDR). Kant, Nilekani, Pramod Rao, Ethan Katsh, and Colin Rule, the CEO of Odr.com, were among the attendees at the conference in addition to Kant. Kant…
What is it in a game?For those who have asked just like that should know, playing games holds a lot of importance. Children’s toys and games have a significant influence on a person’s character development and mental growth. There is a startup that has picked up on this potential, Kozhikode-based ‘Brain Factory’. This startup creates beautiful Montessori toys for kids. 2018 marks the beginning of Brain Factory’s journey. The programme is the brainchild of Kozhikode native Jidu Pokinarambath. Behind the scenes, Brain Factory is run by his Sister Sariga, who is in charge of the product identification and customer support…
The truck is designed for Indian conditions with 12 gears. The truck will have a range of 300 km if loaded up to 45 tonnes. The company has partnered with 16 companies for charging facilities. The truck also has an onboard charging facility. Trinton built its first truck in the US three years ago. The Made in India truck is also built on the same model. The company has taken bookings for 22,000 trucks so far and aims to manufacture 200 trucks in the first year.
Union Minister Nitin Gadkari has said that the government will introduce new technologies including GPS-based toll collection systems to replace the existing highway toll plazas in the country within the next 6 months. The move is to decongest traffic and charge motorists for exact distance traveled on highways, the minister said. The Minister said that the toll revenue of state-owned National Highway Authority of India (NHAI) is currently Rs 40,000 crore and it will increase to Rs 1.40 lakh crore in 2-3 years. The Ministry of Road Transport and Highways is also running a pilot project of Automatic Number Plate Recognition…
Mercedes-Benz, the German luxury carmaker, has announced its plan to launch four electric vehicles (EVs) in the Indian market over the next 8-12 months. The company’s focus on EVs in India is part of its global strategy to shift towards sustainable mobility and reduce carbon emissions. The Indian Government has been pushing for EV adoption in the country to reduce pollution and dependence on oil imports. As a result, the demand for electric vehicles in India has been steadily increasing. Last year, Mercedes-Benz India posted a 41 percent growth in its total sales with a record 15,822 units as compared…
Wednesday saw the release of the 12th Anniversary Edition of the 2023 M3M Hurun Global Rich List from Hurun, the leading distributor of wealthy lists in the world. Mukesh Ambani, the CEO of Reliance Industries, has surpassed Gautam Adani to become the richest Indian according to the 2023 M3M Hurun World Rich List. While both Ambani and Adani had an annual decline in wealth, Adani lost 35% of it as a result of the Hindenburg scandal while Ambani lost 20%, according to the Hurun Rich List for 2022 and 2023. Adani’s wealth fell from $119 billion on January 24 to…
Ashneer Grover, the co-founder of fintech company BharatPe, has launched a new fantasy cricket app, CrickPe, ahead of the Indian Premier League (IPL) 2023. The app is aimed at providing a unique and engaging experience for cricket fans, who are always looking for new ways to engage with the sport. CrickPe is designed to allow users to create their own fantasy cricket teams, compete with other users, and receive real-time updates and statistics. This is expected to attract a large number of cricket enthusiasts, who are always looking for ways to engage with the sport beyond just watching matches. The…
A plan to establish three science parks close to the airports in Thiruvananthapuram, Kochi, and Kannur has been approved by the State Government. The parks would be set up with an investment of Rs 200 crore each and all of them will have 10 lakh sq ft space. The main associate universities for the parks will be University of Kerala, Cochin University of Science and Technology, and Kannur University. Funds from the Kerala Infrastructure Investment Fund Board are being used to build the parks. The Kerala State Science Technology and Environment Council has also been designated by the cabinet as…