Author: News Desk

The cloud computing division of Amazon.com, Amazon Web Services (AWS), has opened its second AWS infrastructure area in India, the AWS Asia Pacific (Hyderabad) region, complementing its first location in Mumbai, which opened in June 2016. Through this new area in Hyderabad, AWS intends to invest nearly $4.4 billion (about Rs 36,300 crore) in India by 2030. AWS’s supply chain in India is expected to benefit from the investment, which is also expected to generate an average of more than 48,000 full-time jobs annually. These positions will be in the fields of construction, facility maintenance, engineering, telecommunications, and jobs within…

PhonePe, a digital payments network owned by Flipkart, has received a fresh capital infusion from its Singapore-based parent company, despite reporting a larger consolidated loss for the fiscal year 2021–2022. The board of the Walmart-backed business decided on November 15 to grant PhonePe Pvt. a total of 371,753 equity shares, according to a regulatory filing. Ltd., Singapore to raise Rs 742,31,63,904 on a rights basis. The price per share for the shares was Rs 19,968. This is the company’s second significant capital round from its parent this year. The fintech business approved two separate resolutions in March to grant PhonePe…

Safe Seas develops a ‘Remote Operating Lifebuoy System’. The system can save people from drowning in the sea. The tool was tested at Alappuzha beach. It is the first time Kerala attempts a tool like this. The equipment can be controlled from the land using a remote. This can save people within 30 seconds. It can carry 200 kilos and save three people at a time. The device weighs just 12 kilos. Everyone can operate the device.

Pixxel is preparing to send its third hyperspectral satellite into orbit. The Polar Satellite Launch Vehicle (PSLV), the workhorse of the Indian Space Research Organisation (ISRO), will carry the earth imaging satellite “Anand” into orbit on November 26 from the spaceport of the national space agency at Sriharikota off the coast of Andhra Pradesh. Anand, a hyperspectral microsatellite with a total of over 150 wavelengths and a weight of less than 15 kilogrammes, will be able to record Earth in much greater detail than non-hyperspectral satellites with less than 10 wavelengths. Pixxel, a company founded by eccentric entrepreneur Elon Musk,…

According to figures from the telecom regulator, the number of mobile subscribers in India decreased by 3.6 million in September, with Vodafone Idea experiencing a fall in subscribers despite larger rivals Reliance Jio and Bharti Airtel adding customers month over month. Jio, the top mobile provider in India, strengthened its position in the market by acquiring 7.2 lakh wireless subscribers in September, while Bharti Airtel saw a 4.12 lakh increase in the number of its mobile customers. Although Jio outperformed peers in adding subscribers in September, its net additions were less than the 32.81 lakh subscribers the telco added in…

According to reports, Alphabet, the parent company of Google, plans to fire 10,000 “low performing” employees, or 6% of its staff. Amazon, Twitter, Salesforce, and other major technology companies started the Silicon Valley’s Big Tech layoff season under the unfavourable global economic climate. Google intends to gradually let go of 10,000 employees through a new ranking and performance improvement plan, according to a report in The Information. “Starting early next year, a new performance management system might let managers fire thousands of underachievers. Using the ratings, managers might avoid giving them bonuses and . According to the new approach, managers…

Srishti Sharma has worked on numerous education and rehabilitation projects throughout the city of Delhi since she has always been motivated to take action for social problems. Srishti founded Project Kilkari while still a student to assist youngsters from low-income households and slum communities in enrolling in public schools. She also founded Project Rehmat, which helped manual scavengers by giving them supplies and other job options. Srishti has always wished to contribute to the safety of women. She was aware of businesses like Leaf Wearables and Electro Shoe, but she discovered a serious flaw in them. These were merely SOS…

Sai Divya Kurapati’s joy knew no bounds when she witnessed Vikram-S, India’s first privately-developed rocket, successfully launched into space. She was the mastermind behind one of its payloads – the CubeSat LakshyaSAT II. She designed and developed the payload. Divya, who hails from Tenali, is a research scholar in Satellite Communications. Space and satellites have been her dream since childhood. She started her own startup N-SpaceTech to make small satellites affordable. She believes that being affordable would help in bringing space technology to the masses. CubeSat LakshyaSAT I was launched in March 2022 from the UK. This inspired Sai Divya to explore further. It was then she received the opportunity to be part of Vikram-S. Sai Divya and her business partner…

Campper, a startup focusing on minimal impact tourism, arranged a free orientation session for the people interested in taking up the Everest Base Camp trek.The Orientation class was taken by Muhamed Faiz, a 7 time Everest climber and pro in EBC trek. Everest Base Camp trek will be happening in April 2023. EBC trek is a 12 day long trek from Lukla to Everest base camp and back. It is a difficult grade trek climbing up to 18,000 Feet and covering an average distance of 130 KM. While the trek is not dangerous, you need to prepare for this. This…

A CSR campaign focusing on women was launched today by Samana Business Center, a unit of the Samana Group, situated in Dubai. By providing free services and workspaces to female entrepreneurs who register with the business centre, it will inspire, motivate, and support them. Samana Business Center will initially support 50 female entrepreneurs by providing them with free office space as well as mentoring and advice on business development and marketing in partnership with the UAE’s premier women-only organisations. The 26-year-old Samana Group, which also owns and operates Star Business Center and Star Executive Business Center DMCC in Dubai’s business…