Author: News Desk
Chanda Kochhar was a familiar face who frequently appeared on the covers of Forbes and Fortune. She is a Padma Bhushan recipient, a pioneer of the nation’s retail banking revolution, a celebrity CEO, and an icon for women. She played a key role in turning ICICI Bank into the largest private sector lender in the nation. The Central Bureau of Investigation (CBI) detained Chanda Kochhar and her husband Deepak in relation to the suspected fraud and irregularities in loans approved by ICICI Bank to businesses belonging to the Videocon Group. Kochhar, who was a favourite of former company chairman KV…
The Kinetic Group plans to launch the electric version of its once-popular Luna.Kinetic Green Energy & Power Solutions will launch the ‘E-Luna’ soon.The group has commenced the initial stages of production. The company has developed all major subassemblies such as the main chassis, main stand, and side stand for E-Luna.The initial production capacity would be 5,000 sets per month.Kinetic Group expects the business to bring more than Rs 30 cr annually in the next two-three years.Kinetic launched Luna 50 years ago at a price of Rs 2,000.It went on to become the most efficient, affordable, and convenient transportation solution in India.At its peak, it held a 95 per cent market…
The job market in UAE is growing fast. More companies are opening offices in the country. The country would present more job opportunities in 2023. Jobs related to technologies such as AI, machine learning, and digital transformation will be popular. Problem-solving and self-management skills too will be in demand. Hospitality, tourism, aviation, logistics, construction, and e-commerce will also flourish.
Under the new “Amrit Bharat Station Scheme,” the railroads intend to upgrade 1,000 minor but crucial stations. This is in addition to the audacious proposal to remodel 200 large stations as part of a different redevelopment initiative. According to officials, the small stations will be determined based on the cities they serve as well as their foot traffic.Along with the DRMs, a separate fund will be set aside for this objective. The project document states that it wants to create roof plazas and city centres at stations and to prepare master plans for railroad stations and implement those in phases…
The Karnataka Government is all set to launch a new Karnataka Startup Policy 2022. The policy would nurture 25,000 startups in the next five years by providing incentives that include a venture fund of Rs 100 crore. The 100-crore fund will support innovative and deep-tech startups in AI, machine learning, electric vehicles, robotics, and drones. Besides, the startups will also receive a lump sum grant of up to Rs 50 lakh. The venture fund’s 25 per cent will be earmarked for startups by women. Rs 15 crore will be spent on establishing a Center of Excellence for Assisted Technology. The…
Wearable brand boAT launched an affordable new smartwatch The ‘boAT Wave Electra’ is priced at Rs 1,799 in IndiaThe smartwatch offers a range of benefits such as Bluetooth callingEarlier, only mid-range smartwatches had Bluetooth calling facilityThe Wave Electra has a 1.81 HD Display that offers a peak brightness of 550 nits It also allows users to store numbers on the watchThe smartwatch is available on boAT’s official website and on Amazon
Shivaraj Ramanathan, CEO and MD, Tamil Nadu Startup Mission, has said that Tamil Nadu is striving to become India’s Number 1 startup ecosystem and one of the world’s top 10 startupecosystems. The government follows a social justice model to achieve this growth that would encompass all sectors and create opportunities for all. The core concept of the government is to introduce schemes, including startup schemes, of the government to everyone irrespective of caste, creed, colour, gender and geographical differences. Certain schemes based on this concept have also been shaped, he told Channeliam.com
Kerala-based robotics firm Genrobotics has been selected for the Adani Group fellowship. The fellowship would help Genrobotics expand its service to more sectors.Genrobotics is known for developing the world’s first robotic scavenger ‘Bandicoot’.Bandicoot aims to put an end to manual scavenging and thus ensure the safety of sanitation workers .Adani Group would be a part of this mission by Genrobotics .The group would deploy products like Bandicoot in ports, airports, and other townships under the Adani Group.Bandicoot is currently operational in 17 states and three Union Territories. Vimal Govind M.K., Arun George, Rashid K., and Nikhil N.P. co-founded Genrobotics.It is headquartered at Technopark in Thiruvananthapuram.
The popularity of electric two-wheelers increased in 2022. This is a result of the Government’s subsidies for these vehicles as well as the rising price of gasoline.The top two-wheel electric vehicles for 2022 are listed below. Ultraviolette F77 India’s first high-performance electric motorcycle was the Ultraviolette F77. It attracted a lot of attention due to its extremely attractive appearance and range. The Ultraviolette F77’s sleek style is inspired by jet fighters in terms of design. To improve the bike’s suitability for riders of various sizes, the automotive manufacturer additionally altered the handlebar height and lowered the seat height. Interestingly, the…
People with mobility issues often find it hard to enter and exit a car. The height of the seat will be a hindrance to those who use a wheelchair. Caruna Seating, an Indian manufacturer, has introduced an innovative product ‘the complete mobility solution’ to solve this challenge. Both small and large vehicles can use this patented, custom-made wheelchair and swivel seat. The best part is that it will eliminate the pain or discomfort disabled people feel while getting in and out of a car. According to the manufacturer, the seat is also ideal for the elderly who have movement issues or medical conditions such as arthritis. Those who are suffering from Lenox-Gastaut syndrome,…