Author: News Desk

UAE-based electric vehicle startup, EVLAB, has unveiled a groundbreaking all-in-one mobility app, revolutionising the region’s EV landscape. The app provides a convenient platform for drivers, offering seamless options for rental, leasing, and hosting of various electric vehicle (EV) brands. Driving Sustainability with EVLAB: EVLAB’s comprehensive mobility app aligns with the surging global trend towards sustainable living. With the EV market witnessing exponential growth, surpassing 10 million sales in 2022, the Middle East, including the UAE, is at the forefront of electric mobility. The EV market in the UAE is projected to surge at a remarkable 30% annually from 2022 to…

Amazon has initiated a trial of humanoid robots at one of its US warehouses, aiming to automate certain operations. The two-legged robot, named Digit, is designed to grasp and lift items, currently being utilized for shifting empty tote boxes within the warehouse. However, concerns have been raised about the potential impact on Amazon’s extensive human workforce of nearly 1.5 million individuals. Tye Brady, Amazon Robotics’ chief technologist, acknowledged that the deployment of robots might lead to some job redundancies but argued that it would also create new opportunities. Digit, developed by Agility Robotics with Amazon’s investment through its Industrial Innovation Fund, represents a departure from the company’s previous warehouse robots, featuring a…

CareStack, a USA headquartered cloud-based dental software solutions leader, has announced the acquisition of Waybeo, an Indian startup co – founded by Krishnan R V, Manu Dev, and Bijoy B S offering advanced intelligence services in ad-generated phone calls. The acquisition will transform patient-practice communication in healthcare by integrating Waybeo’s cutting-edge technology with CareStack’s market dominance in dental care. “Integrating Waybeo’s advanced analytics into our platform is a game-changer. It aligns with our commitment to redefine dental care. We are expanding capabilities and reshaping patient communication. Our collective strength will transform dental operations, empowering practices with cutting-edge tools,” said Abhilash…

In the fast-charging segment, the Mantis Electric sports bike, provided by Orxa Energies, covers a range of 221 kilometers on a single charge. This product has entered the market through Bengaluru-based Boom Motors, known for its dense EV energy infrastructure. The Mantis, weighing only 182 kilograms, boasts a sleek and aerodynamic design. With a powerful 1.3-kilowatt motor, it achieves a top speed of 135 kilometers per hour and accelerates from 0 to 100 km/h in just 8.9 seconds. Impressively, it takes only 2.7 seconds to reach 20 km/h. Priced at INR 3.6 lakhs, this model stands out as one of…

Dubai aims to recycle 8,000 tons of waste weekly through the Smart Sustainable Oasis (SSO) program. This initiative by the Dubai Municipality is a model that Kerala can adopt. It involves collecting waste separately and recycling it to promote reuse. Dubai Municipality implements this project through 18 types of waste, not just one or two. The SSO program encompasses 18 types of waste, including electronic-metal waste collected through a 24-hour system. It includes items such as mobile phones and dry batteries. The project encourages recycling by utilizing the cooperation of residents in each center, informing them about waste deposition and…

Novartis is set to divest its Indian eye care portfolio to JB Chemicals, joining the trend of multinational corporations reducing their exposure to the Indian market. This strategic move aligns with Novartis’ focus on capitalizing on ophthalmic therapy, providing JB Chemicals entry into a thriving business segment. The anticipated deal, expected to be valued at around INR 1000 crore, reflects a broader trend among global Big Pharma companies divesting their branded generic portfolios to domestic entities. In recent months, major pharmaceutical players have been streamlining their portfolios by selling key assets and divesting from certain markets. Concurrently, large Indian pharmaceutical…

OpenAI, under the leadership of Sam Altman, has reportedly joined forces with Rishi Jaitly, former head of Twitter India, to gain a better understanding of India’s AI policies and regulations. This collaboration aims to navigate the complex landscape of AI governance in India. According to a recent TechCrunch report, Jaitly has taken on the role of senior advisor at OpenAI, with a focus on facilitating dialogues with the government on AI policies. The report also mentioned OpenAI’s intentions to establish a local team in India, signaling a strategic move to engage with the growing AI ecosystem in the country. After…

In a landmark decision on December 11, the Supreme Court upheld the constitutional validity of the Presidential order abolishing Article 370, which granted special status to Jammu and Kashmir. The court asserted that the state didn’t retain an element of sovereignty after acceding to India. Chief Justice DY Chandrachud, leading the five-judge constitutional bench, emphasized that Article 370 was a temporary provision, endorsing the government’s move to revoke the provision that permitted the state to have its flag and a separate constitution. The bench, comprising Justices S K Kaul, Sanjiv Khanna, B R Gavai, and Surya Kant, declared the bifurcation…

In a groundbreaking financial achievement, Zerodha founders, Nithin Kamath and Nikhil Kamath, have nearing an impressive annual income of INR 200 crores for the current fiscal year. The online brokerage firm, the pioneer of its kind in the country, disclosed a combined annual income of INR 195.4 crores. This remarkable success is not limited to the founders alone; it extends to the overall financial performance of Zerodha. The company’s board had sanctioned an annual income of INR 100 crores for the three directors in the preceding year. The substantial increase in income reflects a robust growth trajectory for Zerodha, establishing…

In the enchanting landscapes of the Thar Desert in Rajasthan, India, the Rajkumari Ratnavati Girl’s School stands not only as an architectural marvel but as a beacon of hope for over 400 girls hailing from economically challenged backgrounds. This exceptional institution, designed by Diana Kellogg of Diana Kellogg Architects and commissioned by CITTA, a non-profit organization committed to supporting development in marginalized communities, marks a significant step toward bridging educational gaps in the mystic desert region. The school, catering to girls from kindergarten to class 10, addresses a crucial need in an area where female literacy hovers at a mere…